Sports Betting Tips
If you need a more detailed explanation of tip #1 quit sports
betting and takes up bowling.
- #2 Sports Betting Tip – Money Management
If you bet your whole bankroll on one game and lose,
you will be more likely to try and chase your losses.
If you spread your bankroll among several smaller bets,
you are more likely to make a profit in the long run.
A good guideline is no more than 2% of
your working bankroll. Let’s say your bankroll is
$20,000 for the season.
That said, you should not wager more than
$400 per game. Also, keep your bets consistent,
wagering the same amount on each game.
An exception is in the case of the double bet or
top play.
In this instance you double your standard bet
instead of $400, you wager $800.
Some individuals choose to bet a higher percentage
of their bankroll.
To those who bet 5% or even 10% of their bankroll,
we suggest the following:
• However tempting, resist the urge to ‘double up’
when you’re winning.
• Strive to maintain your original wagering amount at
the close of the week.
• If you are losing, it’s okay to cut your bets in half,
or quit cold turkey.
- #3 Sports Betting Tip – know Your Key Numbers
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Key Numbers
NFL - 14.1% of games decided by 3 points
NFL - 6.9% of games decided by 7 points
NFL - 6.5% of games decided by 4 points
NFL - 6.4% of games decided by 6 points
NFL - 5.6% of games decided by 10 points
Betting on football don’t lay 1-½ on any game.
Look for a 1 or better and if you must bet this game
then buy down the ½ point paying the 6/5 juice.
In today’s football with the 2 point conversion
many games
will be decided by 1 point.
A push is almost as good as a win
In the NFL 3-½ point favorites win at a higher clip
than 2-½ point favorites.
- #4 Sports Betting Tip – Lock Games – Wishful Thinking
A lock is a can’t-lose bet.
A lock game in football or basketball is a pick
that has a 100% probability of winning against
the point-spread.
In other words wishful thinking.
It is a catchword used as a marketing tool by
professional handicappers to sucker bettors
into purchasing their picks.
Even if a game should happen to be fixed, the odds of
winning are still less than 100%.
Remember in life there are only two locks you can count on,
death and taxes.
- #5 Sports Betting Tip - The Edge
When is enough enough - NEVER
Good only if you’re on the right side early and often,
if not they are useless.
Never bet with your heart, it will only break it and you will go broke.
Bet them only if it is a bet to win, not a bet to watch.
- #9 Sports Betting Tip - Bad Teams Cover
When you have the edge in a match up of 2 bad teams
you have a better chance to cover the point spread.
You read right: good teams win, Bad Teams Cover.
Handicappers love to post trends and angles on the web,
but don't make a bet based solely on that information.
What happened years ago between any 2 teams
has no real signifigance on what happens in
today's game between the same 2 teams.
Great importance if you get them early and right,
especially when it comes to betting totals.
- #12 Sports Betting Tip - Patience is a Virtue
Bet only on games in which you have information
and odds in your favor, which is an overlay
Why wager on sports instead of betting on other
games of chance.
A sports bettor has a better chance of winning
on a consistent basis when gambling on sporting events
than playing any casino game, slot or poker machine,
the exception maybe poker or blackjack.
Break Even Point - Sports Betting - 52.38%
Good Winning Percentage - Full Season - 57% to 60%
Excellent Winning Percentage - Full Season - 62% to 70%
