Sports betting is both an art and a science, this is because there are times to rely on cold hard data but other times require you to go on instinct and trusting your gut. The ability to hone your skills to the appropriate level that can generate consistent returns comes down to your dedication and love of the game. So here are a few tips to keep in mind to help you be beat the odds and stay ahead of the curve.
1. Build a long term strategy.
The most successful investors and speculators on wall street insist that it's not about whether you won today but rather can you win tomorrow and the day after. This iron law applies to sports betting just as much as the financial world. Patience and discipline are the keys to success so you must build a strategy that is capable on generating consistent returns not simply in the moment but in the future. This requires that you test and retest your strategy before you actually place actual money on a single game.
2. Bet with a meaningful amount.
A critical element of successful betting is the ability to absorb losses when they emerge and take advantage of an opportunity when it presents itself. This is only possible if your betting account has enough capital to allow your navigate seamlessly. A small account will force you to try and bet on many games in order to make meaningful gains but the more games you bet on the greater the risks you incur. With a large account it is possible to make a few bets you are certain will pan out and make a good profit.
3. Understand the sport you are betting on.
Knowledge is power as the old saying goes and nowhere do these words ring truer than in the world of sports betting. The key to making a good profit is all about understanding what the probability of something occurring is. The more variables you have of the equation the higher the chance of finding the solution. Whether you are betting on baseball, cricket, soccer, basketball or even golf, at the end of the day it comes down to information. If there is an upcoming game between the lakers and the clippers you should no which team has come out on top for the last 20 games, which players are injured, who is the coach likely to rest, who is on suspension, who will be the referee and what is the general state of morale of both teams. The more facts you have the fewer surprises you will have to deal with.
4. Learn to spot a great underdog.
Every once in a while a small team will display signs that despite all the odds stacked up against them they have the will and resolve to win. These teams are perfect to bet on because when you win a bet with them then the returns could be as high as tenfold. Serena Williams lost to Naomi Osaka at the US open finals of 2018, Leicester won the 2016 premier league and reigning champions Germany were kicked out of the world cup by South Korea. There is money to be made by spotting these unlikely but amazing underdogs who win through sheer force of will.
5. Be the eye of the storm.
A true master at sports betting knows to never be carried away by a string of victories or get depressed by a string of losses. The ability to be the eye of the storm is about controlling your emotions no matter what the circumstances around you may be. Never allow yourself to be carried away by the latest unsubstantiated rumor or make bets because that's what everybody on social media is doing. Keeping calm and ignoring the noise is the only way to achieve greatness in the risky world of sports betting.
6. Never bet on a team because they are personal favorite.
A mistake made by almost everyone who is new to sports betting is placing a bet on your favorite team to win. This is very risky because you are relying on your heart and not your head. The wiser course of action is to steer clear of teams or players that you are emotionally invested in because this easily clouds a persons judgement.
In conclusion it is important to remember to have fun betting cause what's the point of it all if it gives you an ulcer. Always stay sober when betting because alcohol and drugs severely impact judgement. Last but not least is to remember that some degree of luck comes into play and no matter how well you prepare things may no always go your way.