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7 Steps You Should Take To Be Successful At Sports Betting

Aug 17, 2007
Have you ever wondered how the Sports Betting "smart money" became the smart money? Do you wonder what the smart money does differently than the amateurs? The biggest difference between professional gamblers and the amateurs is that the pros always take the following 7 steps. If you do these things, you'll be well on your way to making money like the pros.

1. Do Your Homework

If you want to be successful, you have to do your homework on each game. Don't try guessing or playing hunches. You'll lose in the long run.

2. Stick to What You Know

Only bet on teams you know. Try starting off with just betting on your hometown teams if you're having trouble making money.

3. Get Expert Advice

There are countless experts who will do your homework for you. Even if you don't agree with their picks, you can use their research and make up your own mind about a game.

4. Don't Fall for Sucker Bets

If something feels like a sucker bet, it usually is. You need to learn to stay away from these types of bets. An example of a sucker bet? A home dog getting 3 1/2. The odds makers will put a line up like this just to make sure people take the points.

5. Allocate Your Money Properly

In order to make money long-term you need to spread your bets around instead of risking a high percentage on each bet. It's better to bet $50 on 10 games than to bet $250 on two games. Don't be greedy.

6. Keep Good Records

There's nothing worse than a gambler who kids himself into thinking he really didn't lose that much. Losing gamblers are known for kidding themselves by saying they "broke even" when in reality they lost money. Keep accurate records.

7. Remember, It's Just a Game

Even professional gamblers keep their wins and losses in perspective. If you don't control your emotions and stay on an even keel, you will make stupid bets trying to make up your previous losses. Pros stay calm emotionally. Amateurs blow up, throw things, and swear at their television. Decide which you are going to be!

So there you have it, the 7 steps you must do to make money betting on sports. How many of these things do you do now? Just like the teams you're betting on, the gambler that masters the fundamentals will win more often than not.
About the Author
David James is one of the world's foremost sports handicappers. Not only does James have an uncanny knack for knowing who to bet on, but he also is one of the best at providing in depth explanations and statistics showing exactly why each pick meets his criteria. Click on this link if you would like to learn how to be successful at Sports Betting
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