Half Benjamin
Profitable Sports Betting Principles
Sports betting isn’t all luck and losing. There are many people out there that make a nice income from placing wagers on sporting events worldwide. Though many people lose a lot of money betting online, you don’t have to be like them. By following a few basic principles you can profit by betting responsibly on sports.
You first want to set yourself a budget for your sports betting venture. This budget, called your bankroll, is an amount of money that won’t affect your living status if completely lost – after all, not everyone can make winning picks. Your bankroll must be separate from all living expenses such as mortgage, rent, utilities bills, etc.
After you have determined your bankroll, you need to decide how much you will be wagering on each bet that you make. The key is to bet the same amount on each game. The amount that you place on each game is your betting unit. To determine your unit, you first must decide how conservative or aggressive you plan to be. The typical amount of unit is five percent, but some people make it 2.5 to 10 percent. This all depends on your bankroll size and your wagering temperament.
Your unit is the key to minimizing your risk while attempting to maximize your profits. The downfall of many sports gamblers is that they are undisciplined and place wagers of multiple sizes. This wagering method isn’t the best strategy because you are losing more money when the big bets lose because of the juice. The smaller bets might either pay for the juice or only some of the juice. This is why some people can have a winning percentage of 57 to 60 percent and still lose. By placing the same amount on each game you minimize your losses. Though you might like one wager a little more than another, you don’t want show that with your money.
When placing your bets, you only want to place three to four bets a day, which should be your strongest plays. Another principle is to never risk more than half of your bankroll at any one time. You always want to provide yourself enough ammo to fight back after a bad day or days of sports wagering.
Before you place your wagers, you must handicap your games. There are handicappers that put 20 to 40+ hours a week researching their picks. There are a multitude of website on the internet to find the stats and news. Besides, the typical sports news sites, sports betting forums are a great resource. These communities allow you to discuss your thoughts and allow other handicappers to provide other insight. There might be a stat or piece of news that you missed during your handicapping. The key to handicapping games is to piece all the information you can find to make an educated decision before placing your wagers.
Not everyone can make winning picks consistently and no one can teach you how to make winning picks. But if you follow these principles and make winning picks, you can be a profitable gambler by hitting 57 to 60 percent of your picks and consistently request payouts from your online sportsbooks.
About the Author
Frank Benjamin offers successful betting strategies on his blog, Odds On Betting, and is the cofounder of the Sports Betting Academy, which offers tips on betting courses and tutorials
1957 Benjamin Franklin US Silver Half Dollar – coin collecting
|
|
John Eardley Wilmot (1750-1815) 1812 (oil on canvas) by Benjamin West – Mug – Standard Size $14.50 This mug is created using the finest dye sublimation techniques and creates a stunning dishwasher safe finish. Great as a gift, or for promotional items. Each of our mugs come individually boxed for protection in transit…. |
|
|
Portrait of Benjamin Constant (oil on.. – 3×2 inch Fridge Magnet – large magnetic button – Magnet $4.99 Rectangular wrap-around refrigerator magnet and a glossy mylar cover.Large 2×3 inch rectangle fridge magnet or ‘buttons’ as they are sometimes known in the USA.Crop shown is automated for display purposes only. All magnets are hand finished and the best most appropriate crop will always be selected to best show the full image. Therefore, actual product may vary slightly from crop shown – this can … |
|
|
Portrait of Benjamin Constant (oil on.. – Mug – Standard Size $14.50 This mug is created using the finest dye sublimation techniques and creates a stunning dishwasher safe finish. Great as a gift, or for promotional items. Each of our mugs come individually boxed for protection in transit…. |
|
|
Fox Sports Presents: Game Time $17.98 Fox’s sports department is celebrated (critics would say derided) for the giddy, high-energy attitude it brings to its productions. Aside from commentators who act like they’re sitting on whoopee cushions, music plays the biggest role in setting the wired mood for Fox’s NFL broadcasts. This set collects some Fox pregame favorites–you know, the kind of stuff that accompanies footage of a big hit o… |
|
|
Ben Franklin in Paris (1964 Original Broadway Cast) $6.42 All products are BRAND NEW and factory sealed. Fast shipping and 100% Satisfaction Guaranteed…. |
|
|
Songs of the Half-Light for Soprano & Guitar $18.98 … |
|
|
THE THREE STOOGES [3 episodes] ~ Hoi Polloi (1935) / A Gem of a Jam (1943) / Half-Shot Shooters (1936) [VHS] $4.25 “Hoi Polloi” (1935) is the 10th short made by the Three Stooges for Columbia and we still see the spelling “Curley” in the credits. It contains the hoary plot of two professors betting on whether training can improve upon heredity, one of them risking $3 million on making gentlemen of you-know-whom. Their training sessions might have been based on those in Pygmalion, while the chaos the Stooges ca… |
|
|
The Guyver 2: Dark Hero $2.99 … |
|
|
Arthur 2: On the Rocks $9.99 … |
|
|
Portrait of Benjamin Constant (oil on.. – Greeting Card (Pack of 2) – 7×5 inch – Art247 – Standard Size – Pack Of 2 $6.50 This photographic Greeting Card is created on 300gsm FSC approved card. The result – a stunning reproduction at an affordable price. Actual size 7×5 inch.Greeting card comes with high grade white envelope as standard.This is an automated preview only. Actual Greeting Card design may vary. All products are hand finished by our expert manufacturers and the best crop available will always be selected… |