To Make Money In Sports Betting
By Kris Lazaro (5/4/2007)
Sport betting is just like betting the stock market. In order to win money, one must be able to lose money. To be a successful sports gambler, one must have a plan of action. As this article will show, having a set amount of money to bet with and having a goal will serve the bettor greatly than not having one.
Money management is key; do not bet more than one can afford to lose; also, do not bet the whole bankroll on just one game. But, the author suggests to take calculated risks on certain games—this is how to really make money—in other words, bet bigger money amounts on games that one feels most strong about.
On a side note, the author slightly suggest to bet parlays. Although, do not exceed 4 team parlays. The higher the number of teams that are in a parlay, the less likely that such a parlay will pass (win). Parlays should be played sparingly, but should also contain very strong plays that are also played individually.
To make money in sports betting, one must be able to take risks. After handicapping a matchup, one must be decide whether or not to play a side, and at what amount. The author suggest that the sports gambler develop a system where strong plays are worth more than regular plays (based on 1-4 units). Only the strongest plays should deserve a 4 units designation, while normal plays are 1 unit plays.
One way to lose money is to make too many bets. Therefore, the author suggests to limit one’s play. Do not play too many games, for one has to win at an average clip of 55% to show profit in the long run. The more games one plays, the more games one has to win. In short, limit plays, win more money.
In this volatile hobby of sports betting, one must also have determination and patience. Do not be afraid of losing days, because a winning one is just around the corner. The most successful sports gamblers are those than can sustain and take the punches (losing) and capitalize on days that are good (winning days).
In short, to win money, one must be able to lose money and take calculated risks.
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