June 19th, 2023

4 Tips For Making Successful Bets

Mike McDermott

Now that you know the terminology and bets you’ll find within sports betting, all that’s left is knowing how to bet. Any average person can place a sports bet, but not every average person will win a sports bet. Gambling can often be attributed to luck, but when sports are involved, there are additional analytics and other factors to consider that make betting less luck-related. What that means is you can tilt the odds in your favor, if you know what you’re doing. Here are some small tidbits of advice to surviving a large, lively world of sports betting:

Pick sports you already know or watch. This is probably the most important piece of advice you could follow. If you’re already a sports fan (and if you’re looking into sports betting, odds are you are), then you are already well-equipped with knowledge regarding the sport you watch. You probably know more about the game and league than your average fan. You’re up to date on current injuries, standings, and statistics. Doing all of that for your own enjoyment is awesome, but it can also be used to place better sports bets.
Understand the difference between picking your favorite team by the odds or because you like them. This is an easy trap for newer bettors to fall into. Many bettors have a favorite team they like, and may feel inclined to bet on them to win games. It’s important you don’t do that, because that’s blindly betting on a team with no attention paid to the actual odds. Betting on your team every game will cause you to lose money, unless you’re really lucky.
Follow expert advice. Sports betting is a billion dollar industry, meaning there’s plenty of room for opportunities. Many people have realized that, and turned their skills into analysis. There are countless people that have in-depth knowledge of sports and the betting trends surrounding them. It can be quite a headache to keep track of everything yourself, so sometimes it’s helpful to have some compiled expert advice. Find a journalist that tends to be right, and read what they have to say every single day.
Study the trends yourself. Very closely related to picking sports you already know, this is all about being an expert yourself. If you already watch a sport, chances are you’re more of an expert in it that an average person. Use that knowledge to your advantage, and search for more. Any advice you find regarding sports betting is research you can do yourself. Study the standings, statistics, matchups, injury reports, twitter feeds, and anything else you can get your hands on that might give you a pulse on what’s going on within a sport.

4 Tips For Making Successful Bets

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