Tools of the Trade for Online Sports Betting

This is part 6 of the Betwiser Sports Betting Beginners Guide. On this page, you’ll learn the tools that I use to get key information and to stay up to date with all the latest and critical news.

Hey nice work so far, you’ve learned about the history of sports betting (information that you probably never need, but entertaining nonetheless), by now you should know if you’re country accepts betting online, you probably even know the particular sport you want to bet on.

I’ve given you my recommendation for betting agencies and we’ve gone through understanding odds and turning them into probability percentages.

I’m glad to tell you that you’re almost done. There is just one more important piece to the puzzle.

This is one part that’s easy to get right so use it effectively if you really want to make some money online and, at the same time, enjoy watching sports more. This part is about tools.

I use a number of tools to help me get the edge when making decisions with my sports betting. These tools primarily provide me with key information or general knowledge that I need to know in order to make good betting decisions.

These tools will change the way you use the Internet should you accept to use them. It involves you visiting certain websites, joining forum conversations, creating alerts that get sent directly to you, or via RSS and a whole lot more. Let’s get into it.

Visiting sports websites as a daily practice

One of the best ways to get updated about what’s happening in your sport is by visiting sports websites. There are a number of key sites that I usually visit on a daily basis. These sites are:

This one might sound very obvious right? If I’m going to bet on soccer game I’d obviously read up about it by checking ESPN for example… you’d be surprised how many people don’t check out the news and just place a bet on gut feeling.

Of course depending on the type of sport you’re planning on becoming an expert in will determine the website you visit and the frequency of the visit as well.

If you follow a smaller niche sport, then it’s likely that you don’t need to be updated on a day-to-day basis – however if you follow something as big as Soccer, then you’ll need to visit daily.

Forums – The opinion of people

From my experience I have found forums to be a great resource. Many years ago I used forums as a place where I would ask a lot of questions.

Most times I had professional, friendly and sound advice – but there are times when there are idiots in these forums. That’s just the way it is.

Instead of asking questions in forums nowadays, I’m usually there to answer questions – but mostly there to have discussions in general about sports, such as Soccer and Formula 1.

I’m not going to list the forums that I usually visit because it’s probably of no use to you. You need to find a forum that’s on the subject you want. So if you want to follow Rugby Union try doing a Google search on “rugby union forum”

Two minds are often better than one. I’d recommend you find a forum that is specific for your sport, and get involved in conversations.

Use RSS – Big time saver

Have you heard about RSS? Hopefully you have and that you’re using it on a daily basis. If you’re not using it, quite simply you should be.

Who doesn’t want to save time and get the most out of all the content that’s written out on the Internet?

You use RSS by subscribing to a website’s feed using software such as Google Reader.

Whenever that website publishes new content, you will be informed on the Reader.

In this way you can add all your websites to the Reader and have a single place to check for updates.

Depending on the way the site has set up their feed you might be able to read the entire article from your Reader instead of going to the site.

Others will have little snippets of their articles – and to read the rest, you’ll need to click through to the website.

I explain how to use RSS feeds in a blog post that I created a while back. Check out How to Use RSS Feeds to Give You the Edge in Sports Betting for more information.

Google Alerts

If you understand the concept of RSS feeds you’ll have no problem getting your head around Google Alerts.

In the same way that RSS subscriptions push updates to your Google Reader software, Google Alerts scans all web pages it has in its index and sends you updates based on keywords that you have set.

So if you want to be informed whenever there is a blog post created with the keyword “tim cahill” that Google has indexed, they will send you this either directly to your e-mail, or to your Google Reader.

I have created a blog post that guides you through using Google Alerts. If you want to find out more go to Google Alerts for Sport Punters.

Power Search with Google – My 11 Tips

There is a whole new way of how to use Google to search for things. Most people type in a specific keyword into the space provided and proceed to clicking on the Search button.

There is another way of using Google that will help you get better and accurate search results. I recommend checking out my blog post 11 Google Search Tips for Sports Betting for all the details.

Calculators and Excel spread sheets

The Tools section of the Betwiser website provides some valuable things that should help you out. There’s an Odds calculator for when you need to convert odds from one format to another.

Simply punch in the odd and you’ll see all the conversions for decimal, fractional and moneyline.

This calculator also works out your profit margin and the overround of the bookmaker. To find out more about overround check out the part 4 – Sports Betting Agencies to Use and Promotional Codes

The Betwiser Blog

Save the bet to last – that’s the way it works right?

This website serves a specific purpose which is to help you become better at online sports betting by providing easy to understand information and tools such as an odds calculator.

I’m mindful to create content of value in each post, and I do so simply because I enjoy it.
If you enjoyed this guide and other posts on the site, then I would recommend we stay connected through any of the ways listed below:

  • Subscribe to the Betwiser RSS feed
  • Get E-mail updates by sending in the space on the right
  • Connect on Twitter
  • Become a fan on Facebook

One more part to go… You’re almost done!

  • Part 7 – Do not let Online Sports Betting Become a Problem for You

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