Do not bet what you can not afford to lose – This is also known as the golden rule of sports betting and is one thing you absolutely don’t want to do because you definitely will hit a cold streak eventually and lose all your rent money.
Use proper bankroll management – It is very important to 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 whatever it’s important to protect it.
Do not bet too many games – You know when Sunday comes and there is 15 NFL games you do not have to bet all of them, you only want to bet the games you’ve got an advantage on and most successful bettors will only be able to find 2 or 3 games that they have an edge on.
Line Shopping – This really is an issue that takes almost no effort and it makes a huge 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 could be crazy not to bet the -6.5. At the end of the season it will 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 – Lots of people love betting their favourite teams given that they have an obvious bias towards them and want them to win. Wanting a team to win is different then thinking a team will win. It’s best for some bettors to just skip right over games involving their favourite teams while they can’t 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 all too often, they may be 100% gambling and we are not here to gamble if you want to gamble buy a lottery ticket because there is no difference.
Do not bet drunk – There are a variety of things you don’t want to do drunk and betting is just 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.
Don’t pay for picks from touts promoting a 70% win rate – If it sounds too good to be true it probably is so when you are going to use going to make use of 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 is an element that almost nobody does and I’m even guilty of this sometimes. You want to keep very meticulous records. The more you keep track of you may look back and find out 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 receive money if you win. There are actually dozens of reputable sports books casino online so do some research and avoid the scam books because there could be nothing worse than winning and after that not being able to receive money.