Do not bet what you can’t afford to lose – This is also referred to as the golden rule of sports betting and is something you absolutely don’t want to do because you certainly will hit a cold streak at some point and lose all of your rent money.
Use proper bankroll management – It really is essential use proper bankroll management because betting sports can be very streaky. Even professional bettors can lose 9 or 10 games in a row and for anyone who is betting too much per game you go bust. Think of your bankroll like your child and do what ever you should protect it.
Do not bet too many games – You know when Sunday comes and there is 15 NFL games you should not have to bet them all, you only want to bet the games you’ve got an edge on and most successful bettors will only be able to find 2 or 3 games that they have an edge on.
Line Shopping – Check This Out really is an element that takes almost no effort and it makes a large difference. If you like the Packers and most sports books have them listed as a -7 favourite but one sports book has them listed at just -6.5 you will be crazy not to bet the -6.5. By the end of the season it shall probably make the difference from being a winner or loser. Every sports bettor should have at least 3-5 outs.
Bet with your head not your heart – A lot of people love betting their favourite teams because they have an obvious bias towards them and want them to win. Wanting a team to win will be different then thinking a team will win. It’s best for many bettors to just skip right over games involving their favourite teams since they cannot separate heart from using your head.
Don’t bet big parlays – This goes for a great deal of the exotic type bets like futures, teasers and parlays. 10 or 12 game parlays do not hit very often, they can be 100% gambling and we’re not here to gamble if you want to gamble buy a lottery ticket because there is no difference.
Do not bet drunk – There are many of things you do not want to do drunk and betting is one of them in the event that you are not 100% in control of your emotions you want to stay very far away from the sports book because the same as banging a fat chick you will wake up disappointed.
Do not pay for picks from touts promoting a 70% win rate – If it sounds too good to be true it probably is so for anybody who is going to use going to work with a tout and pay for picks use common sense. No one can pick 70% winners even the most effective handicappers only hit 58% or 59%
Keep good records – This really is an issue that almost nobody does and I am even guilty of this sometimes. You want to keep very meticulous records. The more you keep track of you may look back and see where your losing or winning the most money and then possess the prop data to make changes.
Play at reputable sports books – If you play online you want to be absolutely certain you get compensated if you win. You will discover dozens of reputable sports books online so do some research and avoid the scam books because there will be nothing worse than winning and then not being able to receive money.