Should I Pay For Picks?
Odds are if you are a sports bettor, or just a sports fan who makes occasional bets, you have seen the ads promoting the handicapper who always wins and never loses. On TV, in magazines, and plastered all over the Internet are ads from professional cappers offering you their winning picks for a promotional price. But is it really worth it to fork out a few bucks for what you hope will be winning picks that translate to winning bets?
Unfortunately, there is no simple right or wrong answer to that complicated question, although one site is always trying to make it an obvious choice. The best answer, though, is that buying picks is different for every bettor and their own personal situation.
What’s Your Bankroll?
The first question you should ask yourself before deciding whether or not to buy picks is, what is your sports betting budget or bankroll? If you are only laying down $1 or $5 bets on a couple games every week, then you certainly should not be spending more than that trying to get winning picks for even more money.
Figuring out why should not be too hard. If you are placing small wagers like that, you will likely end up paying more for your winning picks than you will end up winning from those bets. Paying for picks is only worth it if you are going to end up winning more money than you paid for the picks in the first place.
What Type of Bettor Are You?
The second question to ask yourself is, what is your betting style? Are you already winning more than you lose and putting away your winnings? Is your bankroll steadily growing, or is it going downhill consistently and requiring you to re-deposit every week?
Do you crunch a ton of numbers, sift through all the trends and get all the relevant team news on coaches, players, injuries and off-field transgressions? Do you understand line moves and how to manage your money to ensure you get maximum return on investment (ROI) from sports betting?
If so, then buying picks makes only marginal sense. It can make sense to get a second opinion from someone else you trust, picking up on something you might have missed.
Do You Need Professional Help?
This question is not what it seems. Maybe you have not been able to pick winners at all lately. Or maybe you have gotten so bogged down with other parts of your life that the only sports updates you have time for are the occasional Twitter updates at your desk.
If this is the case, buying picks and information from a trusted professional who has studied all the lines, trends, odds, etc. and makes knowledgeable picks based on facts – and not just gut feeling or based on his favorite team – could be your best option. Compare this to investing in the stock market and not knowing enough about certain funds, so you enlist a broker to help you out and make the decisions for you.
The most important consideration when buying picks though is finding veteran handicappers who are true experts in their field and also known in the industry as being the best at what they do. And always beware of ‘scamdicappers’ and other touts who overly promote themselves and may provide you with false records in hopes of taking your money.