Sep 24 2008
9 Ways To Win At Sports Betting
If you want to make money in sports betting, you are probably already aware that the odds of making money from sports betting are better than they are in casino-style gambling. While these are games of chance, sports betting is different - when you bet on sports you can make an educated guess on an outcome which is possible to foresee. For some tips on doing well in sports betting, keep reading.
9.Place Bets on the Right Sports Book
When you place your bets on the right sports book, you get an edge of 3% over some other books.
8.Bet Against the Public
There are those who will tell you that betting against the conventional wisdom and “fading the public” can be a winning strategy. Many bettors do so.
7.Do Your Homework Before the Game
To make the most of sports betting, learn everything you can about the sport. Think about the things which a lot of people are unaware of. Even bookies don’t know every little detail; if you can become an expert, it can work in your favor as a sports bettor.
6.Choose the Underdog at Home
The underdog is statistically a good bet when they are playing a home game. Teams tend to put forth their best effort for the home crowd, so don’t count on the favorite on the underdog’s turf.
5.Bet at Just the Right Time
Bettors who go for the underdog tend to do so early on. You should mix it up and bet late on the underdog, early on the favorite. Going in the face of the conventional wisdom can often be a winning move in sports betting.
4.Make Arbitrage Bets
You can make money on sure bets regardless of the outcome of a game with arbitrage bets. The advantage of these bets is that it doesn’t matter what the outcome of a game is, since the only bet you made was on a specific happening.
3.Square or Sucker Lines
Most bettors will try to avoid square lines (lines which are made to lure people into betting one way or the other). You can even make money off of these by keeping an eye on the odds.
2.Never Gamble While Drinking
Drinking can cloud your judgment and encourage impulsive behavior - never, ever bet while you have been drinking.
1.Manage your Gambling Money
Another common sense rule is this - never bet more than you can easily afford to lose. You should actually set aside a sort of “betting fund” and stay within this limit, no matter how much you win or lose. Try to spread your fund among several small bets rather than taking the risk of losing everything on one bet.