Betting strategies

In our previous instalment, Choosing a Healthy Attitude Toward Risk, we talked about why it is important to cultivate a smart mindset when you are putting your money on the line.  With sports betting, you cannot entirely avoid risk, so being totally risk-averse will not help you win.  But you do not want to be a risk-seeker either; you want to cultivate habits of moderation, and curb the risks you can eliminate.  Here are some simple ways to reduce your risk exposure when you bet

Whether you are betting on sports for fun or for serious profit, there is no denying that you are engaging in an activity of risk.  There are some people who may try to talk you out of sports betting on that basis, saying that you are doing nothing but gambling, even if you are actually quite serious about planning your bets.  In reality, however, all activities in life carry an element of risk, especially those which could potentially lead to profit.  Whether you ultimately succeed or fail has as much to do with your attitude toward risk a

Do you have a sports betting journal?  A journal is a common tool for investors of all sorts.  By participating in any sort of gambling you are more or less an investor.  You are playing a game of chance, searching for an edge, and looking for ways to bring order out of chaos.  Your goal is to be able to profit regularly and predictably.  You may even ultimately dream of making a living betting on sports.  As such, a journal is also a useful tool for you. 

How do you decide which player or team you are going to wager on when you place a sports bet online?  Every bettor has a different answer to this question.  Some common answers include:

• “I bet against the public.”
• “I shop the lines and make a decision based on that.”
• “I bet on my favorite team/player.”
• “I bet on the team/player that has been doing well lately.”
• “I bet based on my research into recent and historical performance.”

If you are new to the world of sports betting, or at least new to trying to pick a strategy for your betting, you will quickly hear about betting against the public.  This is also called “fading the public,” and is among the most common and simple betting strategies out there.  If you look at any basic site about betting techniques, it will be prominently listed as a reliable method almost every time.

Before you can start betting on sports online, you have to open at least one account with an online betting site.  That means browsing through various online betting sites to try and choose the best one.  While you are looking around, you might also start reading sports betting strategy articles.  More than one will likely advise you to open accounts at more than one betting site.  Why do this?  Why com

As a newcomer to the world of sports betting, how are you planning to place your bets?  Will you go with your gut feeling and choose the team or player you think will win?  Will you bet on your favorite team, letting sentiment guide your way?  A lot of new bettors start out that way, but intuition and sentiment are not real betting strategies, and they will result in you losing money over time.  Eventually, you will want to develop a comprehensive strategy that fits your personality and is ideal for the types of