To be a profitable sports bettor you must win more than 55% of your bets in the long run. It’s an incredible challenge - 95% of sports bettors are unprofitable in the long term. At SportsPicks.ai we have developed a winning AI model that sifts through millions of datasets every day from around the world of sports and generates top picks for our subscribers. We have consistently won more than the 55% required for profitability.

Here are 6 tips from the SportsPicks.ai team to be a profitable sports bettor in the long term:

1. Manage your bankroll: This is the most crucial part of sports betting. Most successful bettors never bet more than 3% of their bankroll on any single play. Find a unit that works for you and be consistent and never go all in on a single play.

2. Shop for the best odds: thousands of different sportsbooks exist around the world all offering odds on the same sporting events. Identify with the book with the best line for the play you are targeting – even a few cents difference on your wins will add up in the long run.

   Check out our website SportsBettingXtra.com for real time odds from 80+ sportsbooks on games from over 800 leagues around the world.

3. Find positive Expected Value bets:

   Expected Value = (Winning implied probability % x profit if bet is won)

   To be a profitable sports bettor you need to find bets that have a higher probability of winning than is implied by the odds being offered by sportsbooks. Using the formula above if the result is over one your wager has a positive expected value over a sportsbook. This means in the long run you will come out ahead.

4. Don’t fall victim to recency bias: A long shot defeats the defending Super Bowl Champion. Sportsbooks will take advantage of your memory of their most recent game and price the next game heavily skewed towards to previous game only. At the same time just because a team had a bad week 9 doesn’t mean they will lose again next week.

5. Don’t bet with your heart: This can be the hardest part for most sports bettors after conservative bankroll management. All too often sports bettors bet on their favourite teams on the result they would like to see. Develop a system to see what team deserves your investment instead.

6. Limit or avoid parlays: A multi leg parlay might look like a great way to turn a little bet into a large win because of the long odds often offered by sportsbooks. Parlays are the biggest money maker for sportsbooks for a reason. Limit or avoid them to be a profitable sports bettor.