How to Beat the Odds When Wagering on Sports

Have you ever thought about beating the odds when gambling on sports? Most people have and while in many cases it can be done with skill, in most cases it is dependent on luck.

Are you ready to win when you gamble on sporting events? Here are a few tips to get you started:

  1. If you know the game you are wagering on, you have a distinct advantage over those that don’t. This is because you have the knowledge of the strengths and weaknesses of the players in the sport you are gambling on. Know when to bet and how much to bet and you will increase your odds of winning.
  2. You need to know a little about the sport you are betting on. Yes, I do mean know it backwards, know the basics. You need to know who is injured, the record of the team playing, and the statistics. These are the basic details that you need to know about any sport you are betting on. You should also know the betting lines and odds for the game you are betting on. Again, if you have the knowledge, you will have an advantage over those that do not.
  3. This one tip is important: Knowing who you should bet on and why is very important. Make sure you know the motivation of the team’s players. Which team did they qualify for the final tournament? How do you think they are going to perform in the game? If you think they will not be able to play, you need to add them in your “not to place” list.
  4. Betting with your heart instead of your brain can sometimes be a mistake. This comes from the observation of some bettors that they change their mind and their strategy at the critical time of the game. It comes from trying to chase the “easy money” at the end of the game. What I mean is, if you think you got the right play, bet it. If you do not think the play is right, do not bet it. Emotions can influence your mind and your tactics can also.
  5. Another important tip: If you are new to sports betting, you should put your bet on the money line. The reason for this is that most people who bet on sports use the point spread. The money line is the number of points you have to bet in order to win $100. If you bet $100 on the Redskins, and they win by more than 10 points, you win. The $100 bettor wins $130, which is his or her commission. The minus sign next to the plus sign indicates that if the Redskins lose by less than 10 points, or you bet on the underdog, you win the $100 extra bet. The plus sign next to the minus sign indicates that if the Redskins win by more than 10 points, you only win $130, the $100 less your $100 bet. Now that you know the rules, you can play accordingly.

The key to being a successful sports bettor is to use great picks, not bad ones. Just like in the stock market, the best ideas win the most money over the long term. Sometimes you have to wait a little bit for them to get completed. The reason for this is that everyone has a bad streak at some point, whether it be losing a bet, or winning one at a time. During a long losing streak, it can accumiliate to millions of dollars, which can be a bad day or worse.

Sometimes, betting on a long losing streak can lead to some other devastating loss. I have watched individuals lose bets of hundreds of dollars, only to turn around and win the next bet and the one after that. At the same time, I have seen individuals win incredibly large bets and only have to win once or twice before they walk away. Once individuals take that first $1,200 and run with it, they will most likely never look back again.

So, if you are the type of Dewalive that wins more than you lose, then the only thing you can do is take advantage of the wealth of information out there on the web. Look for legitimate betting tips and advice, especially from experienced bettors. Chances are, they have probably won a lot more than you have!