Choosing the Right Online Sports Betting Website

Sports betting can add to the enjoyment of viewing sports games. You can easily place bets on your favorite teams from an online website. Here are some tips on how to choose the right online sports betting website.

Legal.

Never place bets with illegal or dubious online websites. In every country, there are laws in place for sports betting activities. Make sure that the website is completely legitimate and legal before opening an account and placing bets. Websites that are illegal will eventually get shut down when the relevant authorities come down on them. It’s only a matter of time. And if you have any credits left in your account, they will be forfeited when that happens. In a worst case scenario, you may even get into trouble with the authorities. So never ever place a bet if you are unsure.

Cutting edge software.

Established sports betting websites usually use cutting edge software to track all bets. Software should be easy to use, and reliable. In other words, if you place some bets and you happen to win, the winnings must be credited correctly.

Credibility.

To ensure that winnings are credited promptly and correctly, only open accounts with credible websites. You can easily determine the credibility of a website just by reading user reviews. Don’t depend on the testimonials that are posted on the sports betting websites. Take the time to visit online betting forums and ask around. If there is something shady going on, the community will alert you.

Multiple payment options.

Once you have established the credibility of a website, you may start placing bets. A good sports betting website should offer multiple payment options such as echecks, eNets, credit cards, etc. This will provide you with more convenience.

In addition, information about how the winnings will be posted to your bank account is also very important. You may need to setup your account correctly to start withdrawing winnings. If in doubt, you can always send an email from the website.

Minimal risk.

If you are just starting to place bets, it is a good idea to minimize your risk. Many websites offer generous rebates and bonuses for new customers. For instance, they may absorb up to 50% of your first 3 bets. Such rebates and bonuses will help minimize your risks. To keep the risks to a minimum level, you may also wish to compare bonuses before signing up.

Wide selection of games.

As a sports fan, it is very likely that you may be interested in several types of sports. For example, you may like basketball and soccer. For this reason, there should be a wide selection of games so that you can place all your bets in one single location.

Choosing the right online sports betting website will provide you lots of fun and enjoyment. So always take the time to choose one that is reputable and has the right technology.

Full Time Gambler Reveals the Truth About Sports Betting

I’ve often heard it said, “you can’t win betting on sports.” The truth is sports betting is one of the few types of gambling that you CAN win at. The problem is there are so many factors which need to be taken into account, it can be very overwhelming.

There are playing conditions, injuries, home or away games, players health, defense, offense, past performance, coaches, importance of match, rivalries to name a few just to calculate a very precise outcome.

What’s The Odds?

Most people betting sports aren’t aware that you only need to win 52.5% of your bets to break even. 56% winners makes you very successful. If you can manage to average above 56%, you are going to make an enormous amount of money.

Now 56% doesn’t sound like much, does it? just over half your wagers.

The rest is discipline, money management and no doubt, a good selection method. But let’s be clear, there is no magic bullet, no quick and easy method… or is there?

Are You In It For Fun Or For Money?

It can definitely be fun and very exciting to win, especially when you’ve got a big bet riding on the game. Or maybe you just lost a game and decided to double up on the next one to try and “get even.”

If you’ve ever tried this tactic, I’m sure you know all too well that more often than not you lost the 2nd game too. Now you’re broke, starting over, building up a new bankroll and hoping for a better outcome the next time… But as you know, hope is not a winning strategy.

This kind of heart-stopping action is not for me. For my money I prefer a more predictable type of wagering whether it’s betting on sports or any other form of gambling. I like to have more control over the result.

Just to be clear, there will be losing games and maybe even losing days, but by managing your money, patiently building your bankroll, you can comfortably afford to take a swing at those parlays.. that is a winning strategy.

Betting a small consistent amount per game is not exciting… but that is what intelligent, professional sports bettors do. So the question is, “are you doing it for the excitement, or for the money?”

Taking The Gambling Out of Sports Betting

A winning bettor always tries to take the gamble out of the game. Each bet is a calculated risk. There is no magic method that will bring in thousands of dollars overnight.

Taking down a steady monthly profit, working only 5 minutes a day IS the only way. And if you let your account multiply for a few months, before long (months not years), you will reach a point where you could be bringing in hundreds or even thousands of dollars of profit each month… now that’s magical.

Sports Investing will with near certainty turn a small amount of capital today into significant monthly income, month after month and year after year.

There are people who say you can’t win betting on sports… they’re just wrong. Wishing you the best of luck always.

Sports Gambling – How to Know How Much to Bet Per Event

The most common mistake amateur and professional sports gamblers make is betting too much on individual events. A simple hard and fast rule is to never bet more than 2.5% of your sports betting balance on any given sporting event. However, before we get to the details of how much to bet there are a few basic rules that any sports gambler must remember:

Rule 1: NEVER bet more than you can afford to lose. This is the one rule that too many people ignore before it is too late. Ignoring this the rule creates all the horror stories. In sports gambling you must remember that there will be hot streaks and cold streaks and you do not want to subject your rent money or mortgage payment to any risk what-so-ever. If the money you are using to gamble is earmarked for a necessity then you should not be gambling with it. Only gamble with discretionary income.

Rule 2: NEVER bet with your heart. This, again, is one simple rule that many gamblers seem to ignore. If the Dallas Cowboys are your favorite team, you must recognize (despite what you may think) that you WILL be biased in trying to determine the winner of any of their games. The common (mistaken) logic is that because they are your favorite team you know more about that team and therefore, you should be able to make a determination about the winner of their games. Nothing is further from the truth. The problem with this logic is that you listen to biased Sports Radio regarding your team, you read biased Newspaper articles regarding your team and most importantly, you are biased about your team. The best rule to follow is to avoid betting on any game that involves a team that you have ANY allegiance toward.

Rule 3: NEVER bet on a game because it is on Television. It is okay to bet on a game that is on Television, but do not bet on a game SOLELY because it is on television.

Rule 4: ALWAYS bet the same amount on every event that you bet. To state it differently, do not play $250 on Pittsburgh versus Dallas, $150 on New England versus Indianapolis and $500 on Oakland versus Chicago. The only reason Sports Gamblers do this is because they feel more confident about Oakland versus Chicago, less confident about Pittsburgh versus Dallas and slightly confident about New England versus Indianapolis. All too often, the “best” pick of the day, turns out wrong, a back door cover creates a loss or a late interception causes a change in the result of the game. DO NOT FALL FOR THE 5 STAR LOCK OF THE DAY. This is why: Say Steve bets $500 on Oakland +7 versus Chicago; $250 on Pittsburgh +4 versus Dallas and $150 on New England -3 versus Indianapolis. Further say Tom makes the EXACT three same picks, but bets $300 on each game. Both gamblers have bet $900.00. Assume Oakland does not cover but Pittsburgh and New England do cover. Steve won 2 games and lost 1, but has lost $100.00 ($250+$150-$500). Tom on the other hand has won 2 games and lost 1, but has won $300.00 ($300+$300-$300). There is nothing more frustrating than having a winning percentage, but losing money.

Rule 5: NEVER bet more than 2.5% of your bankroll on any single event. If your balance in your sports betting account is $1000.00 then you should bet $25.00 per game. The reason is very simple. If you bet $25.00 per game you would have to lose 40 straight games before your account busted. If you bet $100.00 per game (10% of your balance) you would only have to lose 10 straight before your account busted. In other words, by betting 2.5% of your account balance on any given game, you INSURE yourself that you will be able to withstand even the worst losing streak. Make sure that you follow Rule #4 as well…Do Not bet more money on one game and less on another.

Rule 6: Once you increase the amount you bet per game, DO NOT reduce the amount you bet per game. Further, you should only increase the amount you bet per game once you have increased your bankroll by 25%. Taking our example above further. If the bankroll is $1,000.00 then the bet is $25.00 per game UNTIL the original balance is increased to $1,250.00. At this point, the amount bet per game is increased to $31.25 per game (or 2.5% of $1,250.00). You would continue at this amount until the balance is increased against by 25% (to $1,560). If you would begin to lose and you fall below the last benchmark YOU DO NOT REDUCE the amount bet per game. If you do, you will find yourself in a never ending cycle.

Following these 6 simple and rather basic rules you will find that sports gambling will become less stressful and more fun.

The Eight Basic Rules of Sports Gambling

The below are the rules that avoid most common mistakes made by sports gamblers. Follow these 8 basic rules and you will find your sports betting balance growing quickly:

1. Never, no matter what, bet more than you can afford to lose.

2. Always bet no more than 2.5% to 3.5% of your balance per wager. For example, if your wagering account balance is $1,000.00. You would not bet more than $25.00 or $35.00 per bet.

3. Only increase the amount you bet per wager once you have increased your balance by 25%. For example, if your starting balance was $1,000.00 you would bet $25.00 per bet until you reached $1,250.00. At this point you would increase the amount you wager per bet to $31.00 per wager. You would continue to wager $31.00 per bet until your balance increased again by 25% (when it hit $1,560.00).

4. Never decrease the amount you wager per contest. This is a sure fire recipe for dissaster.

5. Always play the same amount on every wager. In other words, do NOT play $25.00 on one game and $15.00 on another game. Bet 2.5% of your balance on every play you make.

6. Do not play parlays. Parlays have great payouts, but the odds of winning and the Return on Investment (ROI%) can be poor. If you want to play a parlay for the potential big payout, play less than 1% of your balance on the parlay.

7. Track your Return on Investment (ROI%). Return on Investment is a mathematic formula that tells you how much money you win for every dollar that you bet. For example if your ROI% is 50%, then for every $1.00 you bet you win $0.50 (or for every $100.00 you bet, you win $50.00). ROI% is expressed as a percentage and is figured by dividing the total amount of your winnings by the total amount you have wagered.

8. Track your ROI% on each sport individually. You will learn your strengths and weaknesses.