5 Sports Betting Tips for Beginners
Sports betting is a great pastime enjoyed all around the world by both recreational punters and professional gamblers.
It doesn’t matter which sports you choose to bet on, or how much you wager, there’s one thing that all sports bettors have in common - everyone wants to win!
So in order to improve your ability to become a profitable punter, here’s five quick tips that will help beginners to win at sports betting.
Do your research
If you just want to throw a bet on a game for fun and a bit of a sweat, that’s fine. Wait until the last minute, close your eyes, throw a dart and see what happens. There’s nothing wrong with sports betting purely for fun. But if your intentions are to bet for profit, then your mentality needs to change. You need to treat it more seriously, and start to put in place the practices of professional sports bettors. The first of those is to do your research.
There are a heap of great resources out there such as Total Sports Picks providing free data, previews and even picks for sporting events every day. Read what the experts say about the match or race you are interested in, and consider their opinions in order to make an informed wager.
Find the best odds
Getting the best odds for your bet equates directly to more money in your pocket! The difference of just a few points every match can add up to hundreds or thousands of dollars over the course of the year, and that can even be the difference between being a winning or losing punter.
There are plenty of great sports books out there and all of them want your business. Just like when you buy your groceries or your clothes or shop for a new car, you look around to try and get the best price possible. It’s exactly the same for sports betting. Open accounts at all of the major operators and compare their odds before you place your bet so that you can maximize your returns.
Record your results
It’s very easy to forget about a losing bet and wipe it from your memory, never to be mentioned again! However recording results adds a level of professionalism to your betting which will help improve your mindset and overall approach to betting. There’s also the old adage that we learn from our mistakes. Record and celebrate your wins, but also document and analyze your losses. Try to identify your mistakes and see if you can improve from them.
By being accountable, you’ll be more disciplined in your betting, which leads to our next point...
Discipline is one of the most important factors for successful sports betting, and incorporates everything that you do. One of the easiest mistakes to make for new punters is to let emotion rule your decision making. You might bet on your NBA team because you really want them to win. Or you might double down following a losing bet in order to chase your losses. Or you might ramp up your bet amount when you’re out with your friends, or drinking alcohol, or when you’re up late at night, etc, etc. These are the traits of losing bettors. Stay smart, stick to your limits, and only bet when you feel like you have an edge.
Think long term
Sports betting isn’t measured on the result of a single bet. It’s not even the result of a single day, or week, or month, or even year! The longer the period you can measure results, and the higher the volume of bets in that time, the more accurate trends you will see with your betting. However upswings and downswings can sometimes last longer than you ever possibly imagined! You need to have a bankroll and apply bankroll management techniques to ride out those swings and play the long game. Whether things are running hot or not, try to apply the same strategies that can ensure a long term profit.