Whether you are bets for fun or you are a professional wagerer generating an income from sports bets, all of us would like to win every single time. This is obviously unrealistic but, even if you can win just over 50% of that time period, you are going to come out ahead. For instance, if your bets unit is $10 and you win at evens 55% of that time period, your return is $100 on your unit bet of $10 which is a great return. However in order to win consistently, you have to develop winning strategies. This is only the fancy way of saying that you have to develop some basic rules and follow them with discipline.
Do your homework. It is very important for you to look at all the available facts and statistics and then make a target and reasoned judgment on the is the best bet to make. There are plenty of sources on the internet which provide you with a wealth of information and this includes many of the sports books who necessarily have to stay right on top of the latest feedback. When you buy a new car or a home cinema system, you will never do so without plenty of research on the you’d like to buy and why you should buy JOKER123 a particular model. Why should a sports bet be any different?
Long-term view and discipline. Like any form of questions such as trading in forex or items, sports bets should be handled with discipline. Don’t ever let your heart rule your head and make table bets out of emotion or feeling without ensuring that you are acting sensibly. Over a period of time, create a system that works and stay with it while tweaking it as appropriate. You should also take a long-term view of your sports bets since trying to get rich overnight or endangering everything on one bet is a sure recipke for disaster.
Spread your table bets. Paradoxical as it may sound; the first thing that you have to do to win big is to avoid losing big. If you lose big, you would often have an impossible task in making up your losses with your remaining bets capital. And, if you lose really big, you would have nothing left to bet with. Therefore it is prudent to define how much you can afford to lose, called a stop loss in financial trading parlance. Then, make sure that you risk only between 2% and 5% of your capital on each bet. This way, even if you lose a few times in succession, the losses are manageable. In the best currency markets trading tradition, it is also prudent to diversify your table bets.
Get the best chances. After you have decided your bet, don’t blindly bet on the first sports book that you locate. For instance, in line bets, you may find differences of several points in the lines that different sports books are providing. This is because different sports books are more focused on balancing out their respective table bets rather than worry about the overall situation. It is not unusual to find differences all the way to three points on basketball. You should remember that in tight games, even one point could be the difference regarding the winning and losing. The difference is most significant in the daily sporting events.
Timing your bet. Timing the keeping your bet is essential that will get the best chances. This is of course a matter of judgment and you cannot get it right all the time. However, it is a point to be aware of. Also track significant news that could change the odds on your behalf such as injury to a key player. As a rule of thumb, if you are bets on a favorite, do so early.