There is much to learn before you can become a successful sports gambler. The most profitable handicappers spend a lot of time researching picks, looking for trends, and searching for value.
Identifying value is imperative to making money over the long term. Sometimes there is no “correct” bet to make on a particular sporting event and a savvy Agen Bola Terlengkap bettor knows when to keep out of the action. By putting some effort into learning about the industry, it becomes much easier to get a decent return on your money.
It pays to be diverse – consistently backing odds on favorites is unlikely to pay in the long run as it might only take one or two upset losses to wipe out your profits.
Basic Tips and Strategy Successful Sports Gambler
Mixing up your bets with a combination of favorites and over-priced underdogs, and placing these options at the right time is a better approach. Visit the following pages for a more in-depth discussion of some of the most important concepts in online sports betting.
To be serious about winning, you need to manage your bankroll properly. It can be frustrating losing several sports bets in a row, but increasing your stakes to chase your losses is not the way forward.
Stick to your stakes and size your plays according to the confidence you have in a pick – not based on previous results. As you do well and your bankroll grows, then you can consider increasing the size of your units.
The general rule of thumb for sports betting is to risk no more than 5% of your bankroll on any single bet. This is a pretty safe way to go because it helps minimize the damage done by bad streaks. No matter how confident you are in any single bet, the 5% rule should be in effect.
If you think about it, the 5% rule makes perfect sense. Even the best handicappers are happy to achieve a 55% to 60% win rate. That means you can expect to lose 40% to 45% of you wagers even if you are really good at what you do. At those win-rates, anything can happen in the short term.
Over the long term, skilled handicappers can expect to see a general winning trend. But over the short term, everyone sees swings in both directions. By sizing your bets properly, you minimize the chances of going broke due to variance.
Even the best sports bettor in the world will lose their bankroll if routinely risking 20% or more of a bankroll on every wager. Smart bankroll management is one of the absolute fundamental keys to successful sports betting.