People bet on sports for a whole lot of reasons. Some just do it for fun and to make a certain game more thrilling. Some love to bet on their favorite teams, whatever the point spread is. However, others bet on sports for just one simple reason: to get some cash. Whichever holds true for you, there are a few things you can do to raise your chances of succeeding as a sports bettor.
Here are tips that can be helpful:
1. Manage your cash.
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This is certainly the most important part of sports betting, yet possibly the most neglected as well. The first rule of good money management is to never bet more than you can afford to lose. If you should bet on sports, you have to set allot a certain portion of your money for betting, and stick to that amount, win or lose.
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2. Shop for numbers.
There will be a greater difference in the numbers in various sports books for different sports. When you bet your hard earned cash, going for the best line should be a priority. And because the lines the bookmakers release are increasingly strong, the difference between a point or two is generally the difference between wining and losing.
3. Do not gamble while under the Influence.
There is a reason casinos give you free drinks while you’re gambling. Alcohol interferes with your judgment and typically helps you to make irrational decisions you normally wouldn’t make when you’re sober. To be successful in sports betting, you have to operate with a clear mind, which is often impossible with alcohol.
4. Know the odds.
There are some sports books that have better odds on parlays and teasers than others. If you bet a lot of money, the difference in odds makes a huge difference in the payout. All it takes is a bit of research of the sports books you normally bet at. Payout odds of most books are listed in such a way that bettors can easily find them.
5. Play local.
Take note that teams are more inspired to play when they’re home. Slim underdogs normally win outright. Big underdogs usually look for ways to cover the spread, and they almost never give up until the end of a game in front of the local crowd.
6. Observe good timing when you place a bet.
Good bettors usually bet underdogs, and they usually bet early. Squares often bet later in the day or week, and they will often choose the favorites. If you’re eyeing an underdog, you should get your bet in as late as you can, where there is a lot of action from squares on favorites. Lastly, if you must go with a favorite, place your bet early in the week as the pros lay a lot of cash on the points.