People bet on sports for a lot of reasons. Some like to do it for fun and to make a certain game more engaging. Some love betting on their favorite teams, notwithstanding the point spread . However, others bet on sports for just one simple reason: to get some cash. Whichever is true to you, there are things you can do to boost your chances of success as a sports bettor.
The following are tips that can guide you:
1. Manage your cash.
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This is definitely the most critical part of sports betting, and possibly the most forgotten too. The first rule of good money management is to never bet more than you can afford to lose. If you must bet on sports, you need to set aside a particular portion of your money for betting, and to stick to that limit, win or lose.
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2. Shop for numbers.
Expect more discrepancy in the numbers on various sports at various sports books. When you bet your hard earned cash, going for the best line should be a priority. And with the lines released by bookmakers being increasingly strong, the difference between a point or two is typically the difference between a win and a loss.
3. Do not gamble while under the Influence.
This is exactly the reason casinos distribute free drinks as you gamble. Alcohol impairs your judgment and often helps you make rash decisions you typically wouldn’t make otherwise. To be successful in sports betting, you have to operate with a clear mind, which is often impossible with alcohol.
4. Research the odds.
There are some sports books that have better odds on parlays and teasers than others. When you bet huge bucks the difference in odds makes a big difference in terms of payout. All it takes is a bit of research of the sports books you normally bet at. Payout odds of most books are listed in such a way that bettors can easily find them.
5. Play local.
Take note that teams are more inspired to play when they’re home. Slim underdogs typically win outright. Big underdogs usually look for ways to cover the spread, and they almost never give up until the end of a game in front of the local crowd.
6. Observe good timing when betting.
Wise bettors often bet underdogs, and they typically bet early. Squares generally bet later in the day or week, and they generally go with the favorites. If you are eyeing a certain underdog, you have to bet as late as possible, where action is heavy from squares on favorites. Finally, if you go with a favorite, you must place your bet early in the week when the pros lay heavy cash on the points.