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If you want to be a
successful sports gambler there are going to
be certain rules and tips that you’ll want
to follow so let’s take a look at the
important ones that will make you win more
money and bet more intelligently.
The first thing that
needs to be pounded in sports bettors head
is the importance of proper money management
skills. There is nothing
out there that compares to following this
one if you are serious about winning money
in the long-term and there is also nothing
more detrimental to bankrolls then not
utilizing proper money management.
Generally you want to bet in between
1% and 3% of your bankroll on each bet and
as the bankroll grows, your average bet goes
up with it. Betting more
then that is a good way to lose all your
money if you go on a bad run which
inevitably happens to every sports gambler
at some point.
Another common
mistake with money management is what is
called “chasing”. Chasing
is, in a nutshell, raising your bets to
cover your losses after a bad day.
If you bet 2% on 5 bets but lose them
all and then bet a quarter of your bankroll
on the late game in an attempt to make it up
you might win but eventually you are going
to lose and it’s going to hurt really
badly. Some then try to
recoup that lost bet with an even bigger bet
and it just keeps going until the bankroll
is gone. Those serious
about winning money at sports betting need
to have defined money management skills or
the bankroll won’t be there for long.
On that note, it’s
also never a good idea to log into your
sportsbook account when you are drunk or not
level-headed. It
generally leads to bigger, unresponsible
bets and occasionally an added zero to your
bet on accident. Speaking
from personal experience on that last
example, it’s never fun to log into your
account the next morning and realize you
went 10-times your normal bet on a marginal
game that you barely found enough value in
it to bet. For whatever
reason, it seems the bet loses in every
example I’ve ever heard of someone doing
something similar. It’s
just bad gambling mojo.
You’ll want to pay
close attention to the betting odds when you
decide which team or total you like.
Line shopping is a great help in
winning over the long haul but it’s
sometimes hard for some gamblers to see the
importance of getting the best number
possible. Whether it be
shopping for lines at different sportsbooks
or just waiting for the right time to play
your game, there is a major difference in
the money made/lost when you get the best
number. Taking -102 over
-110 for $100 each and going 100-100 over
200 bets will leave you with $800 more if
you take the better -102 line every time.
It’s a simple thing that is
generally overlooked but can cost you a good
amount of hard earned cash if you fail to
heed the warnings.
A good rule of thumb
is to avoid what are called “trap
games”. A trap game is
basically a betting line that looks way too
good to be true despite all your research
indicating there are no injuries or angles
to play. Generally that
means a sportsbook wants your money on the
side that looks oh-so easy and you never
want to put your money where the sportsbook
wants it. If you think a
line should be the Knicks -8 but the Knicks
are actually +1, it’s probably a good idea
to avoid that game since it appears
something is up that the betting public is
simply not aware of.
Beyond that, just
hone your handicapping skills and see what
works for you in various sports.
There are numerous ways to win money
at sports betting but everyone does it
differently so you’ll have to pick which
angles and trends you deem to be worth of
following. If you follow
the above gambling tips you are well on your
way to becoming a winning sports gambler who
bets as more then just a hobby.
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