SPORTS BETTING TIPS
With many websites out there now devoting themselves to providing sports betting facilities it couldn't be easier to get involved and start making some money from sports betting. Provided you do your homework and recognize that gamblers who regularly make money from sports betting do so with the knowledge that it's a long term relationship, rather than a get rich overnight scheme. The first thing we would advise, and this also applies to all other forms of gambling, is set your limits from the very beginning. It is wise to set aside some money that you can afford to lose and that you have ear-marked for recreation, and use this to gamble with, being careful not to blow it all at once, and to slowly make it grow, getting to the stage where you can withdraw your profits and leave the initial amount in the kitty for your sports betting activities. The old chestnut still applies here, do not chase a loosing streak in the hope of clawing back your losses and doubling up. Loosing streaks should be respected and a good rule of thumb is to bet more when you find yourself winning and slow down, or stop completely when it starts going the other way. Even the hardest gamblers will tend to behave more erratically when not doing well, so when this occurs its best to ease off and come back fresh another day.
Next up it is advisable that you find your niche in sports betting and stick to it. Picking a certain sport and a certain event and making yourself and expert in that specific field is your best bet at beating the professionals as there are so many sports and so many leagues and cups to keep on top of. It's the fringe niches that can really surprise them, especially when you've been doing your homework. Ultimately it's a commitment you make to learning everything about your specific niche and keeping on top of all the news about it. Also shop around as you'll find, especially with the smaller sports and events, that the odds will differ from place to place and time to time. If you know your stuff, and you also manage to secure the best odds, there is little else other than blind chance stopping you from making a killing.
It's an old cliché, but a cliché for a good reason, to some degree it's observably true; underdogs play well at home. So bag those home dogs when the odds are as good as their going to get and you might find yourself in the money sooner rather than later. It doesn't take an awful lot for an underdog team to trounce the favorites before an inspiring home crowd. Also, here is where timing is key people that bet on underdogs tend to go in early in order to get the best odds. People who put the safe money, and lots of it, on the favorites will tend to do this late in the day. If you're betting on an underdog sometimes it pays to do so late in the day when all the smart money is going on the favorites, if on the other hand you're going for the favorite it's often best to place your bet early and against all the people betting on the underdogs. Of course this is not an airtight formula but it has been known to improve your chances of securing better odds when you're hell-bent on one or the other.
Finally, make sure you conduct your gambling activities with a clear head, especially when there is a nice sum in that kitty of yours, entire fortunes have been lost on ill-thought wagers while under the influence, don't be another one of those stories. And do your research, there is absolutely no excuse nowadays for approaching any new activity without being sufficiently well informed. With the Internet the world is now at your fingertips so if you make the effort and take the time out you will be an expert in your chosen niche and as such have a clear advantage not only over other gamblers, but sometimes also over the bookmakers. The bottom line is to have fun with it, desperation never draws anything much back to it other than more desperate situations, see it as a game you want to conquer, a central part of your personal recreation time with the goal being to regularly make that kitty overflow. Stick to it and she'll be dripping in no time!
Sports betting Payment Issues Explained 22 July 2009View all articles