Five Winning Sports Betting Tips

If you’re a sports bettor here are five winning tips that will help make you a real winner. These tips are based on solid wagering principles and practices.

Don’t Bet Every Game

You don’t have to wager on every NFL game or on the big games. Bet on a game if you think you have a good shot at picking the winner. That’s it. That’s the only reason to bet. It doesn’t matter if it’s on TV or features the two best quarterbacks in the league or is for the division crown. The same is true for any sport. Pick and choose the games and sports on which you wager.

Make it Simple—Basic Bets are Best

Playing a five-game parlay may look sexy and exciting but it is extremely tough to hit a lowly two-game parlay forget about any other type of multiple game bet. Playing the occasional parlay after you’ve increased your bankroll by 20% to 30% is okay. Until then, you need to stick to the basics—moneyline, spread and over/under wagers.

Know the Sport and Keep Current

Only wager on sports that you understand. Don’t bet on cricket if you don’t know how it’s played.  Also, if you don’t follow the sport, then don’t bet on it. The same is true for any sports—golf, hockey, rugby, soccer, etc. You must treat any sport on which you wager with respect, knowing the day-to-day, hour-by-hour and minute-by-minute developments.

Practice Sound Money Management

There are three primary elements to sound money management. Never bet more than 6% of your bankroll on any one wager. Do not double up until you have increased your bankroll by at least 20% and once you lose a double up bet go back to smaller bets. Finally, keep track of all bets, wins and loses. The primary rule is to treat sports betting as you would any other business.

Anything Can Happen

Finally, remember that there are no sure bets. It is called gambling for a reason and although sports betting involves skill the fact is that no outcome is certain until the game is played out. Don’t count your chickens before they hatch or your payouts until they are in your account.

If you adhere to these five tips, you’ll be on your way to betting like a professional while you increase your chances of winning.