If you are new to sports betting or a seasoned professional, then you know that making money from this endeavor can be a difficult task.Knowing what you are facing before you get started can make this task a little less difficult and profitable.

There is a misconception in the sports betting world that we are all trying to “Beat the Bookie”, but in reality the on line sports books are not the enemy at all. They just act as a broker by taking the sports bettors wagers and keeping a small percentage of the action as their fees for accepting the bets (Usually 10%). The bookmakers aim is to have an equal amount of action on both sides of a game.The outcome of the game is not important to them as they get to keep 10% just for accepting the bets.

For this example we will use the standard odds of 11/10 that are used primarily on football and basketball wagers. What this means is that you would need to bet $11 to win $10 or $110 to win $100.Let me show you how it works.

Let’s say the New York Jets are playing the New England Patriots this season and the Patriots are favored by 7 points. So if you wanted to bet on the Jets plus 7 points then you would have to bet $110 with a chance to win $100. If you wanted to bet on the NE Patriots -7 you would have to wager the same amounts. So here is how the on line sports books earn their money. If they managed to do their jobs correctly they should have had the same amount of bets on both the NY Jets and the Patriots.

Group A – 1000 people bet on the Jets + 7 for a total of $110,000.
Group B – 1000 people bet on the Patriots -7 for a total of $110,000.

Now let’s say the Patriots win the game by 10 pts and cover the spread making all of the Group B winners. The sportsbook then collects the $110,000 of the losing Group A bets and pays out $100,000 to the Group B winners pocketing a cool 10K in the process just for accepting the action.Not a bad pay day for about three hours of work. Now multiply this one game times several games that go off each day and week and you can see that the sports books are laughing all the way to the bank.

As you can clearly see the sports books are not really the enemy. It’s the lines makers that you need to beat and with a little discipline, proper bankroll management and a proven sports betting system it’s a number that can be beat.

If you would like to learn more about how to be profitable at sports betting, then please grab a copy of my Free ebook : “Sports Investing Secrets – How to Turn $1,000 into $1,024,000 in Less Than 5 Years Betting on Sports” at my website http://www.1stopsportsinvestors.com.