Sports Betting Strategy Tips
Betting on sports is becoming quite popular today. Nearly every sporting event across the nation has odds set on the game or match. Spectators are now getting some action on games whether they are regular season games or bigger televised postseason games. Sports’ betting is not easy and for the newcomer, it can be quite easy to lose all of your money. Having a solid sports betting strategy is very important to making money. We are going to take a look at a few points that you should understand as you set out to create your sports betting strategy.
Do Your Research
The basic fundamental behind any sports betting strategy is research and knowledge. Never make a wager without doing the proper research on that game. Know the players, the teams, the weather conditions and more. Take some time to research the previous matchups between the teams. You should also be aware of any injuries that could affect this game. Not doing this proper research and betting blindly on a game is a terrible sports betting strategy and a recipe for disaster.
Finding the Best Odds
Another key to sports betting strategy is shopping for the best odds. Every sportsbook has a slightly different set of odds on each game. For the most part, these odds are very close from Sportsbook to Sportsbook. But they lines may differ by a little bit and as we all know, every little bit counts. A good sports betting strategy would be to have an account at many different sportsbooks. Have them all funded with a little bit of money. When you are ready to bet on a game, take a quick glance across your set of sportsbooks and find the one that offers the best odds or the least amount of juice. This may not seem like a big deal, but in the long run this strategy could save you tons of money.
Bankroll management is a key to any good sports betting strategy. How many times have we heard the horror story go something like this. Average Joe sports bettor has set their unit size to $25 per bet. Joe has a great couple of days going 8-3 and increased his bankroll by a nice chunk. Over-confidence creeps in so on day 3, Joe decides to double his bets. Now, Joe goes 0-4 and loses not only everything he won from the first 2 days but his entire bankroll.
This is a story all to common in the sports betting world. Proper bankroll management takes extreme discipline to stick by what you set. As a general sports betting strategy rule, you should never bet more than 1% - 2% of your entire bankroll on any single bet. You should generally set your “unit” size at around 2% of your bankroll. Make your bets at this same unit level every single time. Utilizing this strategy will help you avoid those huge losing days and should help you grow your bankroll over time.
Betting Against the Public
Betting against the public is a very good sports betting strategy. This is easier said than done though. When we talk about the “Public” in sports betting we are talking about the average sports fan. On most nights there are games and lines that just look “better” to the general public. They look like “locks” or no-brainers on one side of the line. In general, betting on the other side of these lines is a good sports betting strategy. You can see what percentage of the public is betting on what side of games at many different sites across the Internet.
Think about it for a second. If 75% of the bets are coming in on Team A and Team A always won those bets, how would the Sportsbooks and Vegas be in business? The public very rarely wins in the long run and betting against the public is a very good strategy.
Now why is it easier said than done? Because betting against the public will just feel wrong. Remember, you are a part of the public by nature. You will likely have the same assumptions and feelings as the majority of others. Fight your feelings and try making a bet on the other side of the public now and then. Most likely, you will be on the winning side of the action and the public will go home unhappy once again.
Sports Betting Trends and Systems
There are many sports betting trends and systems that can help you define your sports betting strategy. For instance, how often do home underdogs cover in Major League Baseball? If a line moves 2 points towards the favorite what is the expected outcome based on history? There are trends all over the place and finding profitable trends and turning them into betting systems is a great strategy. Some bettors have a collection of sports betting systems that they bet religiously. For instance, anytime a home NBA team is a 10+ point underdog you should bet them. Past results prove this is a profitable system so many sports bettors will grind out the wins and profit over time. As you can see, many things go into defining your sports betting strategy. Continue reading our site for more detailed sports betting strategy articles.