In this post, we are going to go over four basic sports betting strategies that can really help if you are betting online or in land-based casinos or bookies. So let’s get into the basic strategy for beginner sports bettors.
#1 – Bankroll Management
- Figure out your bankroll
- The amount you can lose
- Bet 1-5% of bankroll each bet
- Bet with a clear state of mind
- Never bet after a few drinks
- Take time off after a bad beat
- Research before betting
- Don’t bet on “hunches”
- Analyze stats and don’t go off memory
- Have multiple places to bet
- Find best odds available to you
- Place your bet
The first thing you want to do is figure out your bankroll, which is basically the amount of money you can afford to set aside for sports betting and that you can afford to lose in a worst-case scenario. Once you figure that amount out, you want to be betting 1-5% of your bankroll for each bet. Betting between one and five percent of your bankroll will give you the best chances to earn a profit while betting on sports and to avoid losing your bankroll.
#2 – Bet Sober and don’t tilt
First of all, you want to be betting with a clear state of mind so that includes not betting after having a few drinks a few beers whatever it might be. Because we all know a few drinks can affect your ability to make decisions. You wonder why the casinos will give out free drinks to anyone who’s gambling that’s one of the reasons why. And take time off after a bad beat or bad loss. This is really common in poker and it’s usually referred to as “going on tilt”. When you have a bad run or a couple of bad beats you get frustrated and before you know it, all your money’s gone. So if you take a bad beat in sports betting, just take a few hours off, clear your mind before you get back into it.
#3 – Do Your Research and Homework
Always do some research before you’re betting Betmaster.co.ke on various sports games including football, volleyball, MMA, basketball, or on whichever game you are betting. You need to do some research on it such as what are the odds, possibilities, etc, before placing money. Don’t just go ahead and blindly bet on hunches. You need to analyze stats and don’t go off recent memory.
#4 – Line Shopping
You want to have multiple places to bet and then you’re going to look you’re going to find the best odds available to you. Then, finally, place your bet. Never place your all money you have kept for betting on the single bet or the single round. You need to choose multiple places where you can place your money on betting. Then find the best odds and tips from the market that can be trusted and then you can place your bet.
These are four really basic sports betting strategies that when implemented will get you ahead of about 90% of the sports bettors out there.