Fantastic Gambling 2

You could have heard someone bragging that they picked 9 out of ten NFL games last week or managed to take a three-way parlay to the bank or engineered wins in both the daily double and trifecta at the track. Wow, what a great online football day that gambler had! Now, ask them how they did the rest of the year.

The very fact is the fact that anyone can hit on a bet every once in a while, but in sports betting, where the top pros are right 60 to 65% of the time, it takes more than one day of luck to turn a true profit. Sports betting might not be a science, but it's a discipline and it does involve research, analysis and skill. If you want to be a successful sports bettor, here are five tips that may start you and keep you on the proper track.

Successful handicappers are experts in a couple of sports. To begin with, don't bet soccer or the horses should you not follow soccer or even the horses. You need to know the guidelines, strategies, players, coaches, trainers, venues plus much more of any sport on which you are going to wager. That suggests reading previews, keeping abreast of daily developments and engaging in detailed analysis. You should always be open to learning something totally new and taking your understanding to another level. Become an expert and after that a guru.

If you really want to make money on a weekly basis, then you have to treat sports betting like it's a business. Why? Since it is a business. Sports betting isn't about hunches, it's about weighing evidence, which includes stats, injuries, depth analysis and also more. Keep files on teams, your wagers, your successes and failures and analyze your performance. For anybody who is constantly losing, you should figure out why. If you don't, you run the risk of going broke, going nuts or going to jail. Sports betting is a business and should be treated as such.

It's extremely essential that you track just about every wager, including just how much you bet, the amount you won or lost and your resulting balance. Be careful in deciding just how much you are going bet. If you have a $500 bankroll and you're making $50 wagers, that grubstake will be eaten up quickly. Make small wagers and if you win, then loosen up the bankroll a bit. But don't go overboard and don't start making desperation wagers in order to make up for losses.

By crazy bets, I mean the following-exotics including parlays, futures, mixed parlays and various props. Should the odds are long, then you should steer clear of them. Concentrate on making single wagers on specific games in one sport. Moneyline, point spread and over/under wagers are generally sensible and winnable. You won't make a killing on anyone of these wagers, but when gambling on sports, they can be your very best bet. If you make some solid cash then designate 5 to 10% of your winnings (not your bankroll) for long shot wagers.

Say this as if it were a prayer, it could save your gambling life. Never bet when you are desperate, drunk, high on drugs, depressed, tired, angry, stressed or under-informed. Never do that. Never.

If as a sports bettor you're looking to possess a few laughs and drop some money on a game or two, then do so. Have a ball. You could win a few bucks and after that lose several or lose much more. But do not expect to earn consistent cash through your efforts. As a way to do that, it's important to be a true student of the game and an astute businessman, managing your money, making sensible decisions and keeping your emotions in check.