Sports Betting Tips:
Let's take a look at a few tips
that will help you profit as a sports bettor:
2: Money Management
Knowledge: Know what you are doing! Donít just
wing it because someone told you they thought their team was
going to win it all. Study up on the game and the sport before
placing your bet. When it comes to successful sports wagering
success, you must be scientific and heartless about the teams in
question. Otherwise, you may as well throw your money away.
Know what trends to look for in each sport and how certain
stats affect teams differently:
- Take weather into account. A cold,
windy day might have an adverse affect on teams coming to
Detroit if they are playing baseball, but if you try to give
the Lions an advantage in an NFL game the same day, for the
same reason, you are going to look very silly when someone
shows you their covered stadium.
- Research recent matchups between the
teams you are betting on. The team you like may have won six
games in a row but historically bomb badly against the team
you were thinking should lose because of that win streak.
Some teams just match up well against others, regardless of
- Know what live and betting stats are relevant
to this game. Does it matter that your pitcher has a stellar
record against left-handed batters if the team he is facing
has very few of those?
- Especially in prop bets, know the opposition as
well as or better than the team you are wagering on.
You donít want to bet that Peyton Manning throws for 300
yards against the leagueís strongest pass defense when you
can also look and see that the running defense is not so hot
and Manning has running backs in the backfield to pound the
ball downfield on the ground.
- Look at the intangibles like injuries,
suspensions, team chemistry, revenge factors and rivalries
that canít be expressed in terms of numbers.
- Timing is the key to beating the numbers.
Make sure to keep an eye on lines as they often change as
the game gets closer. Getting your wager in before your line
goes down, or waiting until it goes higher in your favor is
very often the difference between a win and a loss.
- Always include special teams, coaching and
defensive analysis in your handicapping strategy.
Ever been burned by a last-second, otherwise meaningless run
back for a touchdown or a coach who does not watch the game
clock, letting the other team get the ball back with time to
score? The ability to secure good field position, or prevent
it, is a key factor to consider.
Money Management: Unless you are Charles
Barkley, you canít afford to throw your whole bankroll on one
game and, if you lose, just grab another roll. You need to set
aside an amount that is no more than what you can afford to LOSE
over the season. You need to be stingy!
Sometimes it is hard to keep your bet amounts nearly the same,
using only a small percentage of your bankroll - under 5% - for
each wager. In fact, sticking to your program and not chasing
losses is probably the hardest thing about wagering successfully
over a period of time. Every once in a while, sure, go ahead and
double your bet size. But make sure you do it only on very
strong plays and not on what you WANT to be a strong play
because you just lost a few. Sure things and locks do
not exist in the real world.