Where To Make Sports Bets
Bovada covers all the major sports. They offering straight bets, teasers, if bets parlays, futures, and props on just about any sport. This makes Bovada one of the best Online sports betting sites. The good news is that there are plenty of mobile apps to place bets on from the comfort of your own home. All bets can be made in a matter of seconds at any time of the day. Here is a step-by-step guide on how to make a wager from your mobile sportsbook account. Get all of our sports betting 101 topics Steps For Making a Sports Bet Online. This online sports betting guide will show you how to bet on sports and assist you in choosing a trusted online sportsbook for real money.Let our team show you the types of sports bets you can make, how to bet on sports online and tips for choosing the best online sports book.
For most, sports betting is a fun way to make a specific event more exciting and fun to watch. But for a small percentage of people that know how to make money betting on sports, sports betting is a way of life. Some people can make their sole income is from sports betting, but it isn’t an easy gig: one week you can be riding high and be on top of the world, while other weeks you can be near rock bottom with a streak of bad luck.
Here’s How to Make Money Betting on Sports
Sports betting can be a rollercoaster of emotions, with even the most successful sports bettors in the world losing about 45 percent of the time. Winning just 11 out of 20 bets consistently can put you near the top ranks of the sports betting world. Below are a few tactics that are familiar to sports betting professionals that know how to make money betting on sports.
Bankroll Management
All sports bettors are different. Some like to rely on statistics, deep research, and algorithms, while others rely on gut feeling and minimal research. Regardless of their preferred methods and betting styles, every professional sports bettor will tell you the same thing: bankroll management is crucial in helping you survive the ups and downs of the betting lifestyle.
Much like professional poker players, managing your bankroll is the number one thing you have to do if you want to become a successful and profitable sports bettor in the long run. It’s important to avoid chasing losses, betting too big, and giving into emotion. Bad beats are going to happen, so having smart bankroll management is a key part of surviving those backbreaking moments.
If you’ve seen the movie Rounders, you may remember the line where Matt Damon’s character quotes Confessions of a Winning Poker Player by Jack King.
“Few players recall big pots they have won, strange as it seems, but every player can remember with remarkable accuracy the outstanding tough beats of his career.”
The same goes for sports bettors. Any professional bettor who has been betting for years can tell you stories of bad beats that resulted in huge losses.
Don’t let those bad beats cripple your bankroll, and don’t chase losses by betting bigger to try and recuperate that lost money. The most important part of becoming a profitable long-term bettor who knows how to Make Money Betting on Sports is smart bankroll management.
Do Your Homework
You don’t have to spend hours per day researching a single game or event if you want to understand the sports you want to bet on. However, you should do enough research to know that you aren’t throwing your money away on bad bets.
Betting blind on random events or games is a big no-no. While betting a couple of bucks on a random game with friends is fun, doing it consistently is generally a bad idea if you’re trying to make money.
Take a few minutes before placing a bet to see why the line is where it is, check injuries, and read other news. Depending on the sport you should also check the weather. Weather can play a huge factor in baseball and football.
Don’t just bet on the Lakers because you think they are the better team and should win outright; instead, see why the moneyline may only be -130 against a far inferior team. Even just a few minutes studying and doing even a little research before placing your bet can save you from bad beats and tough losses.
Bet on Sports You Know
Being a successful sports bettor doesn’t mean you have to bet on every sport or even multiple sports. The best sports bettors stick to the sports they know best.
If you want to bet on another sport, watch a match, take notes, and study the nuances of a game. Learning the small things about a particular sport can be the difference between being profitable and being a loser.
Stick with those sports you know best, and only venture out after you understand the dynamics of a particular sport.
Where To Place Sports Bets Near Me
Log Your Bets
Keeping track of your bets is a key part of growing as a sports bettor. You might think you’re an excellent NBA bettor, but after analyzing your wins and losses, you may realize that you have a better winning percentage in the NHL. Keeping track can also help you adjust betting amounts so that you can place bigger bets on sports you’re more skilled in.
In addition to logging your wins and losses, you should log as much information about your bets as possible. Recording the moneyline odds, spread, and total will help you identify patterns and make better decisions moving forward.
If you use a betting algorithm, tracking your bets can also help you find trends that will help you see how your algorithm performs in certain scenarios. Perhaps low totals in NFL games aren’t winning at high percentages, while double-digit spreads in the NBA are winning at a high rate.
Never Assume You’ll Win
Touts (those who sell their picks) love to use the word “lock” when referring to a bet. Any professional sports bettor will be the first to tell you there is no such thing as a “lock” in sports betting.
Never assume that a bet is guaranteed to be a winner. Touts like to target uninformed and beginner bettors by promising bets that can’t lose. Sometimes those locks do in fact turn into wins, but more often than not, they don’t.
These are just a few general tips if you want to learn how to make money betting on sports. In the future, we’ll provide more in-depth tips and strategies for specific sports and events.
Ready to start betting on sports? Download ZenSports for Android or iOS today.
Making money betting on sports can be tough, but there are a lot of sports bettors who consistently win, and there are even a lot of professional bettors who make a good living off of sports betting. On this page you will find sports betting strategy and tips to help you become one of the winning bettors.
Below I talk about the basic sports betting strategies for beginner bettors, but if you are more experienced you can check out the advanced sports betting strategy articles towards the bottom of this page.
The Basics To Sports Betting Strategy
In order to help yourself make money or a profit from sports betting there are a couple of basic strategies or tips you will want to understand and follow. None of these sports betting strategies are secrets by any means, but following them will help you win money betting on sports.
The bettors who don’t follow any of these strategies are often referred to as “squares” and those are the type of bettors that the sportsbooks will make their profits from.
Where To Place Sports Bets In New Hampshire
#1 Money Management/Bankroll Management
When you are betting on sports you should always set aside a certain amount of money, which we refer to as your “bankroll”, in which you can afford to lose. Like with any type of gambling, you never want to bet betting on sports with money you cannot afford to lose. Set aside a certain amount of money that you can use for your bankroll for the week, the month, or the season. A general sports betting strategy for money management is to only make bets with 1%-5% of your bankroll. For example, if your bankroll for the NFL season was $1,000 you would be making $10-$50 bets on each NFL game you wanted to bet on. It is also very important that you do not chase your loses with bigger bets. It is common for some sports bettors to be down money and feel in order to win it back they need to increase the size of their bets. This is putting yourself in the wrong mindset and will often lead to you losing even more money. Work with the size of your bankroll, and look to slowly increase it over the length of the season.
Here’s a video going over Bankroll Management strategies for sports betting:
#2 Bet Sober and Don’t Go on Tilt
Although betting while sober seems like common sense, you’d be surprised how many people bet on sports under the influence. Is it a coincidence that the Las Vegas casinos offer free alcoholic drinks while you are gambling? I don’t think so. I don’t want to sound like your mother here, but betting while under the influence will impair your judgement and should definitely be avoided if you want to become a winning sports bettor.
The second part of this tips is “Don’t Go on Tilt”. Going on tilt or “tilting” is a commonly referred to term with poker players and basically means letting your emotions take over, which often leads to bad decisions. If you are angry or upset at something, such as a couple bad beats with your sports bets, you shouldn’t be placing any more bets. Take a break, go for a walk, get your mind clear before you start making anymore sports betting picks.
#3 Do Your Homework
This is maybe the most important sports betting strategy. You will always want to do your research before placing your bets. Although going with your hunch when betting your favorite sport may work some of the time, in the long run it will not lead to you winning money betting on sports. In order to profit from sports betting you will need to research, study, and do your homework for each pick you make. Look at stats, find trends, create sports betting systems, analyze past games – basically do everything you could possibly do to ensure you have value in your pick before you place your wager.
#4 Line Shopping
A very big step to becoming a winning sports bettor is to make sure you are shopping for the best lines. What this means is that you will have to have an account at a couple of different online sportsbooks and when you are ready to make a bet on a certain team or outcome you check the different sportsbooks and find which book is offering the best line for you (this ties in with our advanced how to find max value article). For example, if you are looking to bet on the New England Patriots on a 7 point spread, you would want to check a couple different sportsbooks to see if any of them are offering the Patriots at 6.5 points, or at the very least find the best price you can get them at 7 points at. Over the course of a sport betting season you can win yourself a lot of money from shopping the lines that would otherwise would not be one. Line shopping is definitely one of the best sports betting strategies used by winning sports bettors. To see a list of sportsbooks we recommend signing up for visit our Online Betting Sites section.
I’ve created a line shopping video and posted it on YouTube (seen below):
#5 Avoid Buying Points
Avoid falling into “square” tendencies such as buying favorites down or underdogs up. For example, some bettors always feel the need to buy an NFL favorite of -3.5 down to -2.5. The sportsbooks are smart enough to charge more juice to do this, mathematically making it a bad strategy. The same goes with buying an NFL underdog from +2.5 to +3.5 for example. In 99% of cases I would advise against it. Check out the video I made below about buying points on NFL underdogs.
Other Sports Betting Strategies and Myths
Above are the four main basic strategies you will want to follow in order to become a winning sports bettor, but there are a couple of other tips you can use to help you win money.
For one, you can try following a sports handicapper who is using a proven sports betting system. Be careful of scammers out there though. If they don’t show their past records long term plus proof I would pass, and in most cases I wouldn’t be paying for picks at all.
An old sports betting strategy is to bet on home underdogs. The theory is that teams are usually more inspired to play at home, and they will often not fold if they are down like they may when on the road. Betting home dogs in the past could have made you money, but this isn’t true as much anymore. You can read the current betting market article to learn why.
Where To Make Sports Bets
The last tip I have for you is to try and place your bets at the right time. With lines shifting from the time they are posted to the time the game starts, you will want to get your bet in at the time when you are getting the best price. Predicting line movements is extremely hard but it is worth looking into. Check out the video below that I made titled “When To Place Your Bets”.
Where To Place Sports Bets In Illinois
Advanced Sports Betting Strategy Articles
Where To Make Sports Bets In Vegas
» How to Place a Bet
» How to Win at Sports Betting
» Sports Betting Math
» Teaser Betting Strategy
» Prop Betting Strategy
» How to Get Max Value When Betting
» Future Betting Strategy
» NFL Bye Week Betting Strategy
» Parlay Betting Strategy
» Pleaser Betting Strategy
» Sweetheart Teaser Betting Strategy
» Current Betting Market
» How to Research Your Bet
» Mistakes You Need to Avoid
» Things Beginners Need to Know
» Win/Loss vs Value