How To Win At Online Sports Betting
"Winning At Sports Betting" - If you have been around recreational sports bettors for any extended period of time you have probably heard this phrase before, “It is impossible to win long term at sports betting.” While this is a common phrase among newcomers to the sports betting industry, it’s not true. It’s actually far from the truth, especially when considering the extra value found when wagering real money at sports betting websites.
Best Places For Sports Betting Online
Winning at sports betting online is easier than you may think. We like to break this down into three really simple things. Stick by these sports betting rules of thumb and you are well on your way to becoming a winning sports bettor.
Use Smart Betting Bankroll Management Rules
This is the golden rule when betting on sports online. Bankroll Management is so important yet it is the single hardest thing to do. What do we mean by using good online sports betting bankroll management? You should set aside your “betting bankroll” or the total amount of money dedicated to sports betting alone. Once you have identified this number you can easily determine your “betting unit” size when making real money wagers at sports betting websites.
Typically a unit bet is between 1% and 2% of your total bankroll. Some say up to 5% is ok but we would argue that is too much. Let’s assume 2% is the unit size you decide on. Assuming your bankroll is defined as $5000, and your unit size is 2%, you should always bet $100 on any single game.
You should never, and I mean never, stray from this bet amount. One big problem with most players at sports betting sites is they lose a few games and then chase those losses with larger and larger bets trying to make up their losses. That is the definition of BAD sports betting bankroll management.
You are going to have losing streaks when betting online, keep strong with your unit bet and remember, you end goal is to pick 56% or greater over the course of a season or year. You do this, and you will make money using good money management practices.
Find Websites With The Best Sports Betting Lines
The second key to winning at sports betting sites online is to always find the best betting line. You should have an account at several sports betting websites loaded with some funds. When you decide on a game you want to bet, compare the lines and the “juice” at all of these books.
You can often times find a book that has your team with better odds, which in turn, increases your chances of winning money on that bet.
Only Bet On Sports When You Have A Value Advantage
Some feel this may be the hardest thing to do at online sports betting sites, but it just takes some planning and effort. Everyone wants to bet the big games such as Monday Night Football or the ESPN game of the week. It’s typically over-hyped and the only thing on National TV, this is betting for entertainment, not betting because you have the best odds of winning at the right price.
To win at sports betting sites you need to not bet on a game, just to bet on a game. Find the games that have value or that you feel like you have an advantage, and bet those. Those games and those only!
Win At Sports Betting Online
So to recap, there are just three main keys you need to know to win at sports betting. Good bankroll management, get the best odds, and only bet when you have value. If you are discipline and follow these three things, there is little doubt in my mind that you will win at sports betting.