Don’t bet what you cannot afford to lose — This is also referred to as the golden rule of sports betting and is one thing you absolutely don’t want to do because you’ll hit a cold streak in the end and lose all your rent money.
Use proper bankroll management — It is crucial to use proper bankroll management because betting sports may 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 need to protect it.
Don’t bet too many games — You know when Sunday comes and there is 15 NFL games you should 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 a thing that takes almost no effort and it makes an enormous 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 real 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 while they have an obvious bias towards them and want them to win. Wanting a team to win differs then thinking a team will win. It’s best for most bettors to just skip right over games involving their favourite teams while they can not 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 are 100% gambling and we are not here to gamble if you want to gamble buy a lottery ticket because there’s no difference.
Don’t bet drunk — There are a number of things you don’t 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 much like 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 if you’re going to use going to utilize a tout and pay for picks use common sense. No-one can pick 70% winners even the best handicappers only hit 58% or 59%
Keep good records — This is an element that almost nobody does and I am even guilty of this sometimes. You want to keep very meticulous records. The greater you keep track of you may look back and see where your losing or winning the most money and then have 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. There are actually lots of reputable sports books online gambling so do some study and avoid the scam books because there could be nothing worse than winning and after that being unable to get compensated.