Once you place a bet on a sports game, the enjoyment is intensified. Every pass shot and possession mean so much more. But sports betting is much more than betting with your heart and throwing some money on your favorite team or who you think will win. Most sports bettors are long-time losers. Many believe that is because you can’t profit by betting on sports. But the real reason is that most sports bettors are undisciplined and have no sense of money management.
It is possible to be successful at betting on sports if you can place winning bets 57%-60% of the time and follow a few betting rules. Although, if you are new to the betting world, then there’s judi slot online terbaik with a 1200% welcome bonus which is more than enough for you to learn how everything works in this space.
Money Management
The reason most sports bettors are losers is that they have no sense of money management. Money management is the central principle to successful sports betting that minimizes risk and maximizes profits. A successful sports bettor has a bankroll, bets units on each game, and invests time into their picks.
When you begin a betting season, you first want to set aside a certain amount of money that you can afford to lose. This should not be your rent or mortgage payment. To enjoy online sports betting it is imperative that if this money is completely lost it will not change your way of living. The money that you set aside for sports betting is called your bankroll. Once you have you have determined your bankroll, you will split the amount equally and deposit it into your various sportsbook accounts.
Before you start placing your bets, you have to establish your betting unit. The amount of your betting unit depends on the size of your bankroll and how aggressive or conservative of a bettor you are. The typical rule of thumb is that a betting unit equals 5% of your total bankroll, but you can use anything from 3%-10%.
Before placing a single bet, you must first prepare and do your homework. Every successful sports bettor handicaps or researches every game on which he places a bet. Some successful sports bettors are known to invest over 40 hours a week into their picks and have multiple sports betting tools such as websites, sports betting forums, newspapers, etc. Depending on the season, you might handicap your games daily or weekly.
A handicapper wants to narrow the plays down to 3-5 games a day. The more games a bettor plays, the less of a chance there is to win the majority of them, which is needed to profit.
You are ready to start placing sports bets only after you have a bankroll, betting unit, and finished your research.
Placing Sports Bets
Betting a unit of a few select games allows a winning percentage of 55% or better to be profitable.
An example of this is placing three $100 bets on football games during a Sunday afternoon, one Sunday night, and another Monday night. A 2-1 record Sunday afternoon equals a $90 profit. Follow that up with a win Sunday evening and the profit for the day is $190. If Monday night’s play is a loser, the weekend would still be profitable.
This example shows what a winning percentage of 60% would profit over 2 days and 5 bets. This might not look like much, but you can’t be greedy. Sports betting is a marathon and not a race. If you can pick winners at better than 57% of the time over an entire season you will make a nice profit and call yourself a successful sports bettor.
Jennifer is a cat lover. You will always find her enjoying poker games while her cat sits on her lap. She is also a tech wizard and wishes to move into a completely AI controlled home.
