You may have heard someone bragging that they picked 9 out of ten NFL games last week or managed to take a three-way parlay to the bank or engineered wins in both the daily double and trifecta at the track. Wow, what a good day that gambler had! In essence, ask them how they did the rest of the year.

The very fact is that anyone can hit on a bet every once in a while, but in sports betting, where the top pros are right 60 to 65% of the time, it takes more than one day of luck to turn a true profit. Sports betting might not be a science, but it’s a discipline and fantastic online casino football (mouse click the next document) it does involve research, analysis and skill. If you want to be a successful sports bettor, here are five tips that may start you and keep you on the right track.

Successful handicappers are experts in one or two sports. Foremost, do not bet soccer or the horses if you don’t follow soccer or even the horses. You must know the guidelines, strategies, players, coaches, trainers, venues and much more associated with any sport on which you are going to wager. That implies reading previews, keeping abreast of daily developments and engaging in detailed analysis. You should often be open to learning something totally new and taking your understanding to another level. Be an expert and then a guru.

If you really want to make money on a weekly basis, in which case you have to treat sports betting like it’s a business. Why? Because it is a business. Sports betting is just not about hunches, it’s about weighing evidence, that includes stats, injuries, depth analysis and even more. Keep files on teams, your wagers, your successes and failures and analyze your effort. If you’re constantly losing, you will need to figure out why. Should you not, you run the risk of going broke, going nuts or going to jail. Sports betting is a business and should be treated as such.

It really is extremely critical that you track every single wager, including the amount you bet, the amount you won or lost as well as your resulting balance. Be cautious in deciding just how much you are going bet. Should you have a $500 bankroll and you are making $50 wagers, that grubstake will be eaten up quickly. Make small wagers and if you win, then loosen up the bankroll a bit. But do not go overboard and do not start making desperation wagers so that you can make up for losses.

By crazy bets, I mean the following-exotics including parlays, futures, mixed parlays and various props. If the odds are long, then you should keep away from them. Concentrate on making single wagers on specific games in one sport. Moneyline, point spread and over/under wagers are sensible and winnable. You won’t make a killing on anyone of these wagers, but when gambling on sports, they may be your best bet. If you make some solid cash then designate 5 to 10% of your winnings (not your bankroll) for long shot wagers.

Say this as if it were a prayer, it could save your gambling life. Never bet whenever you are desperate, drunk, high on drugs, depressed, tired, angry, stressed or under-informed. Never do that. Never.

If as a sports bettor you’re looking to have a few laughs and drop some money on a game or two, then do so. Have a ball. You may win a few bucks and after that lose a couple of or lose even more. But don’t expect to earn consistent cash through your efforts. To be able to do that, you will need to be a true student of the game and an astute businessman, managing your money, making sensible decisions and keeping your emotions in check.