Here's a look at 3 tips for becoming a more successful bettor, which means more money in your pockets!
This is without question the most important aspect of betting sports and probably the most over looked. The biggest key to proper money management is to be sure not to bet more than you can afford to lose. You must put aside a certain portion of your money for your sports betting bankroll. Winning money on sports is a marathon not a sprint. I recommend betting 3% of your bankroll on a regular play and never more than 5% on any play. I
f you spread your bankroll among several smaller bets, you are more likely to make a profit in the long run if you do the proper homework. There are no locks in this business and any team can lose on any given night. NEVER CHASE after a losing day! There is no worse way to mismanage your bankroll than to chase your bets after a losing day. Chasing bets is a losing proposition almost every time. Wins and losses come in streaks, so you must remain calm during losing and winning streaks alike.
The next most important aspect of betting on sports is shopping for the best number. There will be more discrepancy in the numbers on different sports at different sports books. The NFL, for example, will have very similar numbers at most of the betting shops you visit. On college sports and daily events like the NBA, you will be able to find different lines at different sports books.
These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines. When you are betting your hard earned money, getting the best line is a top priority. And since the lines the bookmakers release are increasingly strong, the difference between a point or two is usually the difference between a win or a loss.
Know When to Bet
The general public usually bet later in the day (or week, for football) and they tend to pick the favorites and overs. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are usually taking underdogs. Not all games work according to this formula, but it is usually a good rule of thumb.
There are many other important factors when it comes to beating the books. Like: statistics, line moves, game analysis, team trends, situational trends, Historical angles, valuable lines, inflated numbers on public teams, etc. Put a real professional sports gambler to work for you. I will show you how to make a living betting on sports. It is what I have done for over 20 years.