Tips for Sports Betting

People bet on sports for a whole lot of reasons. Some do it just for kicks and to make a specific game more fun. Some enjoy betting on their favorite teams, regardless of the point spread. Others, though, bet on sports for just one straightforward reason: to make some cash. Whichever applies to you, there are things you can do to increase your chances of being a successful sports bettor.

The following are tips that can guide you:

1. Manage your cash wisely.
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This is certainly the most important part of sports betting, yet possibly the most neglected as well. The first rule of good money management is to never bet more than you can afford to lose. If you should bet on sports, you have to set allot a certain portion of your money for betting, and stick to that amount, win or lose.
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2. Shop for numbers.

There will be a greater difference in the numbers in various sports books for different sports. 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. Never gamble while drinking.

This is exactly the reason casinos distribute free drinks as you gamble. Alcohol interferes with your judgment and typically helps you to make irrational decisions you normally wouldn’t make when you’re sober. To be successful in sports betting, you have to operate with a clear mind, which is often impossible with alcohol.

4. Research the odds.

Certain sports books have better odds on teasers and parlays. When betting big bucks, the difference in odds means a big difference in the 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.

Remember that teams play inspired ball when they’re at home. Slim underdogs usually win outright. Big underdogs are known to find ways to cover the spread and hardly ever give up toward the end of a game before the home crowd.

6. Observe good timing when betting.

Smart bettors tend to bet underdogs, and they usually bet early. Squares often bet later in the day or week, and they will often choose the favorites. If you’re eyeing an underdog, you should get your bet in as late as you can, where there is a lot of action from squares on favorites. Finally, if you go with a favorite, you should place your bet early in the week as the Pros are laying a lot of money on the points.

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