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5 Tips to Help You Make Money With Sports Betting


New Bettor
Sep 20, 2011
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Online Sportabook is one interesting pastime that can indeed make your favorite sports more exciting to watch. Of course, having your money at stake with the results of the game, you can add more excitement as well as anticipation to the game. Moreover, it can also be a great way to make extra money while enjoying your favorite sports as well.

Of course, you can feel excitement if you win at sports betting, as it can also be frustrating if you keep on losing money. Sports betting is a risky undertaking, thus it is important that you know what you are doing and you know the risk that you are putting yourself into.

Although there is no single formula to win at sports betting, there are a few tips that can help you increase your chances of winning more and keeping your losses minimal. Here are a few tips that can help you on how to make money in sports betting.

1. Know the different types of bets and know what types of bets can give you good winnings. However, the trick in betting is the fact that the higher the winnings, the higher the risks that you have to face. Indeed, this can be a choice of getting smaller winnings with higher chances of winning or getting huge winnings in risky chances of winning.

2. Have a system in betting. One of the tips that can help increase your chances of making money in sports betting is to have a system in your betting. Have the discipline to stick to that system as well.

3. Only bet an amount that you are comfortable losing. Betting more than what you are willing to lose can lead to frustrations and regret and that can also distract you in making wise betting decisions. To avoid getting into trouble with your finances later, manage your betting and set aside a certain amount that you can put into your bets.

4. Do your research. It is indeed important that you have the knowledge on what you are doing. Do your research. Know the players or the teams. You cannot just put your money at risk on something that you know nothing about. Whether you are betting on horse racing or boxing, or college football, do your research on who are strong contenders and who are the crowd favorites. Of course, to be able to win at sports betting does not mean going for the crowd favorite at all times, so do your homework.

5. Have fun of course! Sports betting should be a fun past time and don't be a slave in trying to chase your losses. This is why you have to manage your money right from the start and be able to accept losses. If you dwell too much on your losses, you might not be able to make wiser betting decisions and of course, that would surely take the fun out of sports betting.

Keep these few tips in mind if you want to venture into betting and having fun out of it. It will also help to get some tools that can help you make betting easier and convenient as well.

Article Source :- http://www.onlinesportsbookchief.com/
Sports betting is fun. Whether it's done to make a particular game more exciting, to impress your friends or to make some extra money, our job at Cooper's Pick is to help you consistently accomplish these goals. Call us if you are having trouble with gambling and we will gladly help you out.

Some bettors like to bet on their favorite teams, no matter what the odds are, while others, bet on sports for one simple reason: to make money and we're here to help you do that. There are many who make money consistently and even a few who make a nice living by regularly beating the house and by sticking with Coopers Pick you'll join that elite class. Simply put we will help you make money.

At Cooper's Pick we will bring you articles and advice ranging from industry professionals all the way to the sports books Sports books are willing to give sports betting tips in order to increase interest in the industry. Unfortunately, most bettors ignore this advice. For every sharp bettor there are a handful of bettors who lose on a regular basis and this is why the sports books are in business. Below are some tips and guidelines to follow to help you win!

Research, Research, Research
That's what we have provided you with here a comprehensive sports website with all things sports to help you do additional research if you have a question ask us or talk to others in the sports forum. We will gladly give you the confirmation needed for a prediction in a game but if you choose to go it alone knowing that you must do your homework is essential. Think of it like this you wouldn't buy a new car without looking at it first and doing your research. Sports betting is no different. A key to remember is that the sports books must keep on top of every sport they take bets for and follow every game. So find a specialty and go for it. Here at Coopers Pick we have the specialists that know their respective sports and industries watch the lines move and are here to aid you in your research to ensure that you come out on top in the long run.

Control Your Wins and Losses
Like all forms of betting you MUST be sure not to bet more than you can afford to lose. If you are going to bet on sports, simply put know your bankroll status it is important to set aside a certain portion of your money for betting and to stick with that. Winning money on sports is not a sprint and we apologize if you think that we can offer you that but if we told you we could we would be lying and we are here with pride and integrity for the long run. If you go ahead and bet your all of your money on one game and lose, human nature tells you to go ahead and chase your losses. Much like the stock market you must diversify your portfolio. If you spread your wagers out, and follow our handicapping advice you will certainly make a profit in the long run. Remember, there are no 100% guarantees on who will win in this business and any team can lose on any given night remember on any given Sunday any team can win. So please don't chase your loses.

Finding the best odds/Sports book
Different sport books can and will have different lines and payouts at any given time. With college sports and daily sporting events like MLB, you will be able to find different lines at different sports books. These books change their betting lines according to the betting patterns spread the risk out in counter party fashion. You will likely find two or three point differences in the lines for NBA and NCAA Basketball games. When betting your money, getting the best line is a top priority. And since the lines the bookmakers release are increasingly strong, the difference between a point or two is usually the difference between a win or a loss. Football and UFC fights, will usually have very similar numbers at most sports books because they are not daily sporting events. NFL and college football are one of the most popular betting sports and the sports books know that. That is an advantage to the sports bettor in many ways.

Make sure the sports book is reputable
Do your homework we have a list of all the verified sports books located here: sports books . Look into what payout methods each book has and how much they cost to do so (i.e. check, wire transfer, etc..) Also be sure to look into which book offers the best bonus's and rebates.

Don't Drive or Gamble while intoxicated
Alcohol affects your judgment and will more than likely help you to make irrational decisions you usually wouldn't otherwise have made. To make money sports betting and that's what we are here to do, you need to operate with a clear conscious. Being responsible whether your driving or gambling needs to be a priority.

Be Weary of big payout Parlays
While it sounds great to parlay 20 games for $5.00 with a $12,000 payout you must be logical and realize that the odds are greatly stacked against you and we are here to put the odds in your favor so please don't work against us. If your betting big bucks the difference in odds translate into a huge difference in your payout. Some books will have juicy odds on parlays and teasers but enter with caution.

Timing is everything
Timing is everything. For example with our horse races we are playing against the other bettors not the house and by doing so you increase your odds. The only thing is you can only do this by placing the wagers at the appropriate times often right before the gates open. If you are going to place a wager with a favorite, advised to place the wager earlier in the week when the pros are laying heavy money on the points. This doesn't always works but it's a point in the right direction

Does your favorite team always win?
Does your favorite team always win? Probably not unless we're talking about the Harlem Globetrotters. One of the biggest mistakes a sports bettor makes is taking their favorite team every game regardless of the odds. If the lines aren't in your favor proceed with caution.
I think the most important thing is determining whether you're doing this for fun or if you're treating sport betting as an investment. If for fun, then accept the fact you will most likely lose and never chase. Just like you may set aside $100 for a night out, do the same with betting. View it as entertainment and expect to lose. If you win, that's a bonus.

On the other hand, if you want to treat sport betting as an investment , take it very seriously. Learn all you can and that includes money management etc. Picking winners alone is not enough. Professional gambler is a great source of info and I've learnt a lot there.
This is great. Using a system for an investment is a great idea if you do it right. I have spent about 5 years perfecting mine.

I am now in the process of turning $24 into $24000 by Sports Betting.

It takes discipline and patience but it is going to be an awesome ride!!
Great and helpful tips to those people who want to betting on some sports. But I share here some my own sports betting strategy like money management on right sport betting, bet sober and don’t go on tilt, A very big step to becoming a winning sports bettor is to make sure you are shopping for the best lines.
I am always betting in NFL and college sports, and I mostly getting the right predictions but It never bet on it instead my friends are the one place the bets. We think we have the right team picks, but I admit that I have lack of knowledge when it comes to full sports betting. I really appreciate the tips and guides you have shared here.. Thanks.
Bankroll management should be your #1 priority. You can be the Brandon Lang of handicappers and keep busting out because of lousy betting systems, and for us mere mortals, keeping a good money management system should keep us betting a lot longer before busting eventually. So read up on bankroll management kids!
I feel like keeping your cool while gambling is one of the most important skills. Nice post thanks
You should try to place single bets. If you bet express - the probability of winning is small.