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Betting Articles

The advantages of betting with Intertops
Lazy Sports Betting Tactics
How to beat the bookies in the over-under markets
How to convert between decimal and American odds
How to get an edge in betting
How to test the credibility of a tipster`s record
Kelly criterion method
How to use Kelly Criterion for betting
How Weather Affects Sports Betting
Increase Your Chances of Winning Long Term Betting on Sports
Intermediate and Advanced Sports Betting
Common sportsbetting myths
Advices on Betting Fundamentals
Betting do's and don'ts
Choosing a staking method based on your betting profile
Betting staking plans
Value betting explained
Sports-betting- a game of numbers
Market movement in betting
Types of odds explained
European types of bets explained
American types of bets explained
Martingale Considerations in Sports Betting
In-play betting
Accumulator betting
Mobile betting
A Crash Course in Horse Racing
A Crash Course In Sports Betting
American odds versus decimal odds
Bankroll management
Money management in sportsbetting- odds, edge and variance
Basic bet types explained
Paying for Picks
Betting on winning streaks
Betting psychology- a crash course about aspiring professional bettors
Popular Sports Betting Beliefs
Do you make these 9 sportsbetting mistakes?
Does intuition have a place in sportsbetting?
Exchange betting
Randomness in sportsbetting
Fractional versus decimal odds
Home team advantage analised
How bad at sportsbetting are you?
Reasons to Keep Betting Records
How bookmakers make money
How bookmakers work
How do betting exchanges work
Should You Bet on Multiple Sports or Specialize?
How do free bets work
How does luck influence short term betting
How good are betting tipsters
Sports Betting for Beginners
How loss aversion impacts performance
How many sports to bet on
How Much Should You Bet On a Sporting Event?
Staking-one method to improve your betting
How much you should risk per bet?
How Sports Betting Has Changed Over the Last 20 Years
How To Avoid A Big Sports Betting Loss
The art of multiple betting
The history of lotteries
The value of information in soccer betting
Three careers ideally suited to betting
Tips for Better Sports Betting Results
Types of Online Sports Betting Bonuses
Understanding and managing your risk of ruin
Understanding Horse Racing Bet Types
Understanding Live Betting
Value betting is an essential skill for bettors
Ways to Increase the Percentage of Sports Bets You Win
What are drawdowns and how to manage them
What are the most common mistakes the bettors make
What are the real chances of winning the lottery?
What distinguishes winning from losing betors
What is a handicap soccer betting?
What is the Fibonacci betting system?
What is the Labouchere betting system
What is the Martingale staking system
Why do we gamble? Irrationality and overconfidence
Why patience is an essential trait for any serious bettor
Poisson Distribution: Predict the score in soccer betting
Fixed Staking vs. Variable Staking
Basketball betting: Bet types explained
7 Sure-Fire Baseball Betting Strategies
How Does In-Play Betting Work?
To Parlay, or Not to Parlay?
Wisdom of the Crowds applied to betting
CASINO ARTICLES
A Novice’s Tutorial on Casino Gambling Games
How to Gamble with Dice – Popular Dice Games and Their Variations
How Online Casinos Helped Me Love Roulette Even More
My Top Three Tips for Getting Comps in Casinos
5 blackjack stereotypes
5 Gambling Tricks You Can Only Use Online
5 LITTLE-KNOWN FACTS THAT AFFECT YOUR AVERAGE HOURLY LOSS IN A CASINO
5 REASONS CASINO GAMES ARE SO ENTERTAINING
5 Things All Casino Gambling Fans Are Sick of Hearing
5 Tips to Managing Your Casino Bankroll Effectively
The Five Most Important Tips I Ever Learned on Bankroll Management
5 Rookie Mistakes in Blackjack and How to Avoid Them
7 roulette variations probably you have never heard of
7 THINGS YOU NEVER KNEW ABOUT CASINOS
7 Ways Casino Players Sabotage Their Chances of Success
How to Tell If You’re About to Make a Mistake with Your Next Casino Bet
The 12 Types of People I Meet in Casinos – Analyzing My Fellow Gamblers
10 SURE-FIRE CASINO GAMBLING STRATEGIES THAT WORK
What I Love Most About My Three Favorite Video Poker Games
The Last Guide to Video Poker Tournament Strategies You’ll Ever Need
Baccarat and the Martingale System – Can It Work?
Is There a Gambling System That Never Loses?
Combining the Martingale System with Odds Bets in Craps
Which Bets on Which Casino Games Offer the Best Odds of Doubling Your Money?
What’s Next for Online Gambling?
Using Self-Discipline in the Casino
20 ONLINE GAMBLING TIPS
Going All-In – When to Bet It All in Poker
10 Things I Wish I’d Known About Roulette Before I Started
Who’s the Best Video Poker Player in the World
Are No-Deposit Bonuses at Online Casinos a Waste of Your Time or Worth Going For?
Are Online Casino Bonuses Worth Taking?
BEATING BACCARAT – WINNING SYSTEMS & STRATEGIES
CHOOSING THE RIGHT SLOT MACHINE
EUROPEAN VS. AMERICAN ROULETTE
EVEN MONEY CASINO BETS
Feel Confident When Gambling Online – 8 Tips to Help You Choose a Secure Site
Finding the Best Slots Online
Gambling and Poker Playing: 10 Things to Know
GAMBLING GAMES THAT ARE REALLY WORTH TRYING
HOW TO AVOID GOING BROKE AT THE ROULETTE WHEEL
HOW TO GET YOUR FIRST ONLINE CASINO SIGNUP BONUS
How to make a million playing video poker
How to Spend Your Gambling Winnings
HOW TO SURVIVE A BLIZZARD AT THE CRAPS TABLE
HOW TO WIN AT ROULETTE
How to Win Consistently at Casino Gambling
How to Win Consistently at Craps
How to Win Consistently at Roulette
HOW VOLATILITY WORKS IN CASINO GAMBLING
Is It Possible to Play Roulette as a Career (Or Even as a Part Time Gig)?
Is One Blackjack Game Better Than Another?
MONEY MANAGEMENT STRATEGY FOR YOUR NEXT CASINO TRIP
ONLINE CASINO DISPUTES
SKILL BASED CASINO GAMES: PROS AND CONS
The 5 secret joys of casino gambling
The Benefits of an Online Gambling Environment
The Best Long-Term Strategies for Playing Progressive Jackpot Slots
THE BIGGEST JACKPOTS IN ONLINE GAMBLING
THE EASIEST WAY TO LEARN BLACKJACK STRATEGY
THE HOUSE EDGE
The only roulette strategy you will ever need
The Surprising Secret to Winning at Casino Gambling
Who Takes Care of Your Safety at Online Casinos?
Why Don’t Craps Players Just Use the Right Strategy?
Why I love American roulette
WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
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How bad at sportsbetting are you?

Whenever I ask someone if they're bad at sports betting, I usually get one of two reactions. The first involves some defiant chest puffing, usually followed by a list of the person's biggest gambling wins. The second often results in the person hanging their head slightly before admitting that they have no idea what they're doing.

The person in both examples is probably a bad sports bettor, but one is more willing to admit it than the other. I tend to have more hope for the latter, because at least they're not trying to cover up their lack of experience with macho bluster.

If you're uncertain of whether or not you stink at sports betting, ask yourself the following questions. The more times you answer "yes," the longer the road towards improvement.

Don't give up hope, though. Even the lowliest gambler can get better with patience and practice.

Do you ever take the first line that you come across?

If you answered "yes" to this question, then you've taken a major step towards being a bad bettor. Not all lines are created equal, and it's absolute insanity to jump on the first one you come across. In the world of sports betting, convenience does not equal success.

The smart bettor should have a number of accounts with different sportsbooks. I suggest getting one each (at least) at a sharp book, a square book, and a book offered reduced juice.

This combination should give you a decent sampling to choose from, and you can often get up to a 0.5 advantage over those who take the first line available to them. This might not sound like much to a novice, but it can increase your overall margin of success by a couple of percentage points over the long haul.

Do you wager on lots of parlays?

A parlay is a single wager that links together two or more bets. The payout increases with each successful pick, although all selections must be correct in order to receive any money. A standard two-pick Vegas parlay pays at 13/5 odds, while an eight-team pick offers 150/1.

While these odds sound tempting, keep in mind that the volatility of professional sports makes it difficult to string together multiple winners. A patient bettor can make parlays work for them on occasion, but anyone who expects to strike it rich on a 15-team parlay is likely throwing money away.

Have you ever opened an account with a sportsbook without doing research?

There are certain times in life when it's best to jump in with both feet and not ask too many questions. Selecting a sportsbook isn't one of those times.

Before you open an online betting account and deposit money, it's imperative that you do your research. Otherwise, you could be setting yourself up for a lot of grief.

The most important factor to consider is the reliability of the book. Do they have a reputation for paying out in a reasonable amount of time? Are customer concerns and complaints resolved in an efficient and satisfactory manner?

There are numerous watchdog sites on the web that can provide you with this information. Be careful about random gambling sites that offer reviews of sportsbooks, as many of these have affiliate relationships, which means they get money for sending you to a specific book. In these cases, there's often a definite conflict of interest.

Do you keep making wagers once your bankroll is depleted?

Building a bankroll has two purposes. Not only does it provide you with money to gamble with, but it also serves as a natural stopping point once you've lost your funds. The latter is especially important, as sticking to your bankroll prevents you from risking money that's needed for necessities such as rent and food.

The best strategy is to stop making wagers when your bankroll is gone. If this occurs, you can always start up again once you've rebuilt it. In the meantime, you can still follow the games, hone your strategy, and make hypothetical wagers to measure your progress as a bettor.

If you keep making bets once your bankroll is gone, you've broken one of the cardinal rules of gambling.

Do you routinely fall for trap lines?

Think of a trap line like a rabbit snare. It doesn't seem dangerous to the rabbit, and it may even seem downright inviting. But once he's stuck in the snare, he'd give anything to be able to reconsider.

A trap line seems to give the player an obvious advantage over the book, but in reality there's something more going on under the surface. Perhaps the weather has taken a nasty turn for the worse, or perhaps an athlete has just suffered the loss of a close family member.

Before you jump all over a promising line, do your research and make sure that it's not a trap. At the end of the day, you want to be gloating over how you beat the book instead of sulking about another avoidable loss.

Do you wager on as many sporting events as possible?

I've known gamblers who've placed as many as 20 bets in one day with a sportsbook. If you fall into this category, you're a madman who's setting himself up for disaster.

As I stated earlier, not all lines are created equal. As a bettor, your ultimate goal should be to locate the lines that give you an edge over the book. This is the most effective way of turning a profit, and I can guarantee you that successful long-term punters aren't throwing money at every betting opportunity.

You should also consider the burnout factor. I like cheesecake, but I couldn't eat it every day. If I did, I'd get tired of it in a hurry. The same applies to sports betting, as anyone placing a high volume of daily wagers is sure to hit a wall and likely give up on the hobby. The other option is to become a gambling addict, and that's something I wouldn't wish on my worst enemy.

Do you often deviate from your average unit size?

In sports betting, a unit indicates the size of the bettor's average wager. For one punter, betting a single unit might equal $100, while another bettor's unit might be $1000. This is an amount that you can afford to risk on a regular basis, and you should never wager more than 5% of your bankroll on any single bet (no matter how certain it seems).

Some gamblers, however, tend to overreact to hot and cold streaks. Not only can this play havoc with their bankroll, but it can also interfere with their concentration and further undermine their chances of winning.

If you experience a sudden rash of wins or losses, don't increase your unit size in an attempt to capitalize or catch up. Streaks come and go, and it's important to keep the big picture in mind.

Do you follow trends with a slavish devotion?

Trends should be studied and accounted for, but there's no reason to follow them blindly. Just because a team is on a hot streak doesn't mean that they're going to win until the end of time. Nothing is guaranteed in the world of professional sports, and assuming otherwise is setting you up for a rude awakening.

The same concept applies to a team's overall win/loss record. Just because a team is doing well statistically doesn't mean that they're consistently beating the line. Each wager should be considered on its own merit, and you'll often find the most value on squads coming off one or more losses.

Do you avoid betting on certain teams because you dislike them?

We all have sports teams that we hate, but you should never let these emotions get in the way of a potentially profitable wager. I know one gambler who never bets on the Yankees because he despises the franchise, while another avoids the Lakers because they once cost him a lot of money…back in 1987.

If you're going to have any chance of becoming a competent gambler, you have to keep your emotions in check. Think of sports gambling as a business and conduct your affairs accordingly. Would you turn down a profitable client just because you didn't like them personally? Assuming the answer is "no," you should apply the same logic when it comes time to place a bet.

Conclusion

Sports betting can be murder if you engage in the hobby on a consistent basis. From tricky lines to last-minute upsets, i's like walking through a minefield designed to decimate your wallet instead of your body. Fortunately, there's always room for improvement.

By taking the tips provided in this article and applying them to your sports betting regimen, you should begin to notice an overall advancement over time. As your momentum and confidence begin to grow, so should your bankroll.

Just keep in mind that everyone has bad days when going against the book. Even hardened professionals usually max out at around a 58% winning percentage, so don't get discouraged when the losses come in bunches. Eventually, the wins should do the same.