We’re asked that question more often now than ever before. With the influx of new sports bettors across the United States in regulated markets (Check out which US States have legal sports betting), the sports prediction industry is booming.
Bookies hire some of the sharpest minds in the business to ensure they beat the public.
Absolutely not, however, you need to think of buying sports picks as an investment.
Here’s what you should look for initially when researching sports handicapping services:
Historical Results: Does the service have documented results since launching? The more data available, the better. The most important metric is return on investment (ROI).
The win/loss record is largely irrelevant and can be misleading at best. A handicapper may have a 300-100 record, but if they’re only betting huge favorites, they’re down a lot of money.
Don’t allow misleading data to fool you. A bettor may be hitting 70% of their bets, but what’s the average odds on each wager? If the average odds are -110, the handicapper is crushing it, but if the average odds are -300, then the handicapper has been losing a lot of money.
Sports Picks Coverage: Some will tell you that this doesn’t matter, but that’s not true and we will explain why. Ideally, you want a service with sports picks across major sports only.
Why wouldn’t you want winning Bulgarian volleyball picks? Well, for one, a lot of sports bettors won’t even be able to bet on Bulgarian volleyball and even if they can, the limits will be extremely low.
On top of that, a bettor winning on Bulgarian volleyball is going to be limited/restricted very quickly by their bookie, whereas if you’re betting on the NFL, you can stay under the radar more easily.
Cost: The cost is extremely important. Even if a handicapper is profitable in the sense that they have a positive ROI on their picks, you have to work in the cost of the service as well.
If you’re betting $100/game, you can’t pay $50/pick and expect to turn a profit even if you’re tailing the best sports handicapper in the world. You need to calculate the ROI with the service cost.
At the end of the day, as long as you’re turning a profit, it’s worth it. Why wouldn’t it be?
Buying sports picks is simple as well. You purchase a sports picks membership to a service like GameAdvisers and then they will email/text or even send a push notification every time a pick is released.
All you need to do is place the recommended bet with your bookmaker. Some services will even include the optimal staking plan, so you don’t even need to manage your bankroll.
Scott is one of our newest writer and handicapper here at ScoresAndStats.com, but he has been writing sports betting content for more than a decade online. His work has been featured on many websites.
Scott is a millennial (born in 1989) who grew up in Toronto, Canada and he has never left the big city. He grew up playing a few sports (hockey, soccer and baseball) when he was younger. His favorite sport was hockey and he played goalie. He still likes to get out to the rinks to play some pick-up with his buddies.
Growing up in Toronto, Scott is a huge fan of all Toronto teams.
He watches the Maple Leafs and Raptors religiously. Scott also enjoys watching the Blue Jays, Argonauts and TFC.
His best sports memory was when the Raptors were crowned the 2019 NBA Champions. Unfortunately, he’s still waiting for the Maple Leafs to win a Stanley Cup during his lifetime.
Scott may be a diehard fan of Toronto sports teams, but he loves watching all sports. He’s a huge UFC fan (look for his UFC betting articles for most events) and he’ll watch just about anything, including tennis, golf, soccer and cricket.
Scott is a numbers guy and he likes digging deep into the statistics when handicapping games. He also likes to identify value bets in markets most bettors overlook, including player/team props.
When he’s not handicapping and watching sports, he enjoys golfing in the warmer months. He also loves burgers and poutine. Not only is that his favorite meal, but he has tried over 100 burgers in Toronto and he’s constantly looking for the best new burgers in the city.