25.07.2017 - Nothing in life is without risk and sports betting by its very nature is one of the riskier endeavors we can possibly undertake. It’s not that sports betting is a matter of life or death – at least for most of us – but it’s that the outcome is completely out of the control of the punter.
That being said, you can make money from betting on sports. Heck, some people have been able to make a career out of it and this article will look at some of the tips you need to know for successful sports betting every time. You’ve got it, successful betting every time. Do I have your attention now? Well, read on.
1) Know the Sport
You might love American Football, but that does not mean you are an expert in the Rugby World Cup. As such, the first rule is to stick to what you know. This is important, as the most successful sport betters have a deep knowledge of the sports they are tracking and this allows them to garner insights from all the machinations which are going on.
So, the best advice for successful sports betting is to go deep into a sport and then start to pick and choose the match ups which you think are most likely to end in the result you are looking for. In the end, these details will give you a massive leg up on the average punter – whom you are trying to take money from.
2) Don’t Get Upset by Upsets
“That’s why they play the game” or so the saying goes. If you are betting on sports you must reconcile yourself to the fact that underdogs to win. Looking for an example, how about the time that Fabio Fognini defeated Rafael Nadal at the Barcelona Open. Fognini was a big time underdog and those who placed their money on him came out with a nice payday.
Now, picking the upsets is not easy and the real trick is not to find them but rather to position yourself so that one upset won’t upend your entire strategy. As such, you want to look for ways to hedge your bets. Maybe it is by looking at the inside metrics which you are confident will go in your favor.
Remember, gambling may be all about winning and losing but that doesn’t mean your bets only need to be on who will win a matchup.
3) Be a Skeptic
Sports tips are a dime a dozen; as such, you need to be skeptical about the information that is being passed around. Start by asking yourself if this information is public knowledge or could the casual observer could come to the same conclusion.
Then, look at the source of the information. Is this coming from someone who you know and respect, or it is just something that is floating in the wind. Finally, ask yourself if this tip makes sense? After all, you are supposed to be the expert on the sport you are following.
4) Don’t Get Married – to a bookmaker
As humans, we tend to fall into predictable patterns and one of them is using the same bookmaker every time. While this does make life easier, there is also a possibility that you are leaving money on the table.
The reason is simple. Some bookmakers might have better odds than others and you want to have a good idea of the varying spreads so that you can leverage this knowledge to your advantage. In the end, betting is not about luck. Instead, it is about having a plan and sticking to it.
5) Pick Your Battles
You don’t have to bet every game on the schedule. In fact, there are times when it is better to keep your money on the sidelines than get suckered into a marginal bet. This is the same approach that the pros use and you should use it too.
As such, be wary of the popular events where bookmakers run specials to drive more money into the pool. But you want to keep in mind that they are not doing this for your benefit.
Instead, bookmakers are in business to make money. As such, you need to remember that there are no free lunches in this world, especially when it comes to bookmakers needing to pay for it.
