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How to Win (most of) Your Football Bets

Sep 9, 2008
I'll bet that you don't know anybody that makes a living as a gambler. But, you probably do know at least one person who loses money...hopefully not too much...year after year after year.

There are other recreational gamblers who make money year after year by betting on football. And, they are not necessarily folks you would easily confuse with rocket scientists.

The people able to make money wagering on football may have little else in common, but all believe it is essential to establish an unviolable set of rules. Below are the rules employed be a very successful recreational bettor, a man who has come away ahead during eight of the last ten seasons.

1. Begin each season with a budget. Decide the maximum you will bet on an individual game and the maximum number of games you will bet on each week. If you can't stick to your budget, you shouldn't be gambling. At best, it means you are not a good gambler; at worst it may mean you have a gambling problem.

2. Make your bets as you would make any investment. Consider your risk tolerance, analyze your opportunities (the individual games), and make well reasoned choices.

3. Don't fall in love with the action and bet a half dozen games or more. Each week, choose a single game or two in which you are confident and stop.

4. Research trumps emotion or "gut feelings", but remember that not all raw data or obtainable statistics are relevant. Your most important decisions are which factors are likely to be most important in an individual contest, and how strongly to weigh each.

5. Continual analysis of the methodology you use to select teams and games is generally a winning formula. Changing the limits establised in step #1 is just the opposite.

That's it. Just five simple steps to improve the chances of the recreational bettor to come out in the black this season.
About the Author
Mark Canon is a small stakes bettor who contributes to websites on scholarships, financial aid, online college and online degree programs, online schools, and adult education.
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