Online Gambling

If you are looking to try your luck at sports betting then know that you do have greater odds of winning in this game than you would in roulette or craps. While those are games of chance, sports betting is a game of predicting a foreseeable outcome. Here are some tips on how to win big at the big game.

9. Place Bets on the Right Sports Book By placing bets on the right book, you increase your odds of winning by 3% – an enviable edge.

8. Bet Against the Public There are some that claim that “fading the public” can be profitable. This has led many bettors to bet on the other team than is predicted.

7. Do Your Homework Before the Game The best way to win sports betting is to research all aspects of a game, especially circumstances and data that others would not consider. Not even bookies will have time to research every sport and every game. Therefore, if you can create a niche for yourself, you could become an expert on a smaller conferences and find yourself winning big money.

6. Choose the Underdog at Home Statistically speaking, it’s a good idea to bet on an underdog at home. A team will put forth their best effort at home stadium and underdogs have a way of triumphing over the odds in general. Using this strategy you may beat the odds too.

5.  Bet at Just the Right Time Bettors who go for the underdog tend to do so early on. You should mix it up and bet late on the underdog, early on the favorite. Going in the face of the conventional wisdom can often be a winning move insports betting.

4.  Make Arbitrage Bets Regardless of the outcome of a game, you can make money by making arbitrage bets. You only bet on something specific within the game and can make money no matter how the game itself turns out.

3.  Square or Sucker Lines Most bettors will try to avoid square lines (lines which are made to lure people into betting one way or the other). You can even make money off of these by keeping an eye on the odds.

2.   Never Gamble While drinking. Drinking can cloud your judgment and encourage impulsive behavior – never, ever bet while you have been drinking.

1.  Manage your gambling Money This is another common sense rule. Don’t bet more than you can comfortably afford to lose. Set aside money specifically for Gambling and do not go outside of this fund, regardless of your wins or losses. Spread out your betting among several small bets instead of one large bet – you risk losing it all if you go for one big bet.

I get some of my best sports gambling concepts from non-sports
gambling books. Thats not really surprising, since there are so few serious works addressing sports handicapping and
gambling. Of all the various
gambling related disciplines, sports
gambling is perhaps the most complex. The paucity of written work on the subject is downright shameful in light of that fact. Since theres so little specific literature available some of the best theoretical resources available to the serious sports gambler can be found in books written for the serious poker player.

Poker–like sports betting–can be a profitable endeavor, and one in which knowledge and skill can counteract the theoretical odds against him. Legendary poker theorist Bob Caro once noted that while there are some professional poker players, sports bettors or blackjack players there’s not a single professional roulette player.

The reason for that is that the house advantage in roulette is too high to overcome by any combination of skill, money management, strategy or discipline. To throw in another Caro concept, its a case where the decisions made by the roulette player simply don’t have a role in overcoming the house advantage. Over the long haul whether you choose red or black, even or odd the house edge remains the same.

Caro stresses the paramount importance of
discipline to a poker player’s long term success and profitability. It’s important to keep in mind that to succeed as a professional
gambler that you need to approach a trip to the casino with a diametrically opposite mindset to that of the recreational
gambler. A recreational
gambler heads to the casino to *avoid*
discipline and ‘unwind’. The professional uses
discipline to his advantage.

The importance of
discipline that Caro imparts to poker players also applies to serious sports gamblers. The most fundamental component of sports
gambling success is to look at it with the same degree of seriousness,
discipline and professionalism that you would any other vocation. It’s crucial to rework your thought processes to those of a professional, and abandon all vestiges of the ‘recreational gambler’s’ approach to betting. The greater degree to which you can be disciplined and methodical in your sports
gambling, the greater your level of success and profitability.

This isn’t to say that there’s anything wrong with being a recreational sports
gambler. In fact, those of us who do this professionally *need* recreational players–they’re the financial lifeblood of the casino and sportsbook industry. Handicapping sports would be pretty pointless without a bookmaker to take our bets.

If your goal is to bet recreationally, that’s great. Unless you have the dedication, desire and
discipline to approach it at a profession a recreational approach to
gambling is ultimately better for most people. You might benefit from some greater
money management
discipline, but at the end of the day as long as you don’t bet more than you can afford to lose it’s really no big deal.