SPORTS BETTING STRATEGY

Sports Betting

Rest assured that nothing with sports betting is an intellectual exercise, but was discovered, often painfully, by placing online bets over a long period time using real money and standing or falling by the results. Online gambling be it online poker, online NFL betting, or any online sports betting requires a particular type of discipline. Keeping to your online betting goals and tracking the results of your online betting strategy is an continuing process.
Many of you as experienced online sports bettors will already understand most of the principles involved, but we believe there will be much to be gained by another look at them and a little self-examination.
We equate sports betting to car driving skills. To pass a driving test we do everything by the instruction book, and after passing the test add to this knowledge with experience of real-life driving conditions to make us better drivers.
But, if we're honest with ourselves, we also pick up many bad sports betting routines that become part of our technique almost unknowingly. We say 'almost' because we're convinced that most of us are actually aware of our bad habits, but tolerate them in the absence of any major disasters.
Our punting techniques are also subject to the gradual intrusion of bad habits and practices, and once again in the absence of a major wipe-out we tend to generally ignore them, thereby lessening our overall effectiveness as punters.
Know Thine Enemy:
For anyone new to sports betting online who even considers starting without first knowing how a bookmaker operates, is in our opinion suicidal. To get involved without first knowing the rules is simply crazy, as all eventualities should be weighed up as part of the process of determining the likely success of any particular bet.
Know Thyself:
It's essential to know our own strong points and weaknesses, and brutal honesty is what's required here. The kind of tongue in cheek statement that follows the accusation "you're drunk" with "I only had a couple," when we are clearly rat-arsed, is of no use to us in our quest to plunder the bookmakers.
Most of us like to think we are a little better than we actually are in any field of endeavor, and sports betting online is the same. The big difference is that telling a little lie about the size of your dong won't empty your bank account in the same way that misleading ourselves about our tipping skills will.

The only sure and certain way to get an unbiased and truthful picture of the facts is to keep records. Not only the winners, but the losers too. Complete, extensive, and accurate record keeping is a must for anyone with ambitions of rising above pin-sticking status. Do not trust to memory, it's fallible.
If we're new to the arena, then the safest way to begin is by what's known as 'paper-trading.' This simply means that the bet selections are made, a stake is chosen, but no real money is used.
Phony money, fake-dollars, monopoly cash, imaginary loot, call it what you will, the point is how can you establish a pattern of strengths and weaknesses without first testing the water? And why risk real, hard-earned spondoolicks while we're finding out the big picture?
Yes of course the thought will spring to mind during this testing phase if we're lucky enough to show a profit that "if only I'd used real money....." but that's not the point. There will always be plenty of opportunities to profit for real once the basics are taken care of.
The number of sports being punted is also one worthy of careful consideration. We know of no successful online sports bettor who can devote enough time and energy in the study of their chosen profession to cover more than 2 or 3 sports with any long-term success.
Yes, that's right, two or three maximum. It is simply not possible to cover all the information angles necessary to maintain a winning career if any more sports are tackled simultaneously.
In Part Two we'll detail exactly how we recommend our records should be kept, and separate the 'records just for the sake of it' from the kind of accurate facts and statistics that will actually be of any benefit.
Make sure you check back, you've nothing to lose, and plenty to gain.

Most people with a general interest in sport have the ability to pick a winning team in any contest, but the belief that this alone is enough to secure a steady flow of profits is a certain recipe for disaster. Without an overall plan and accurate records of all bets placed it is impossible to rise above the level of intuition and lucky guessing over an extended period.
Make no mistake about it; there are countless punters all over the world who fail regularly to make a decent income from betting online simply because they rely totally on their ability to pick winners without regard for money management and a cohesive strategy that covers the "bigger picture."
We know of many gamblers who have ended their days with little to show for a lifetime's work despite having reasonable ability in researching and weighing-up the factors involved in determining a winning bet because they didn't formulate a long-term plan and strategy.
Are we making ourselves clear? Have we got your attention? Let's say it again. To have any real prospect of making long-term profits from the field of online sports betting - accurate records, money management, and a dedicated approach to research and fact-finding are crucial and compulsory, or a lifetime of disappointment is guaranteed.
So where do we start? That's easy, first of all we need a few items to help us along. Get yourself a pen and a notebook, some refreshments (tea, coffee, fizzy carbonated drinks and chocolate are good, alcohol is not) and get comfortable.
Today we establish the principles that will last a lifetime, and go a long way towards turning enthusiastic amateur punters into full time professional sports investors.
Let's be clear that there is no magic formula or secret ingredient that will turn a pin sticker into a bookie-plunderer overnight, and there are simply no shortcuts that we know of. Hard work and persistence are the qualities needed here, and if you aren't willing to invest some time and effort then it's time to stop reading.
If on the other hand you have a desire to move up a level from a hobby bettor, then get ready for many hours studying your new profession, and be ready to reap the rewards.
Starting today, not tomorrow, but today, establish a bankroll. How much are you prepared to lose? How much can you afford to invest in yourself? Set a figure that you can live comfortably with and be prepared to lose every single penny of it.

Hang on, isn't this supposed to be about winning money? Yes of course, but let's use the initial bankroll and set ourselves a "worst case scenario" where it all ends up in the bookies wallet.
It won't happen if the principles we outline are followed, but let's assume it all goes horribly wrong and if the bankroll is an amount we can afford to lose, then nothing will be lost except a little money. Our lives won't be dramatically altered by a mis-guided attempt to enter an arena for which we have no aptitude.
Starting today we will make a note of every single bet we make. The selection, the price, the stake in both monetary terms and as a percentage of the overall bankroll. No exceptions, no misses, no excuses.
Every single penny of the bankroll must now be accounted for every step of the way with no room for the "I'll do it later" attitude. Quite simply, without this record keeping there is absolutely no possible way of getting an accurate picture of a betting campaign, and if it's left to memory we cannot hope to progress beyond the level of amateur punting.
The next rule to ingrain on our thought process is how much to bet with on each bet, and the rule here is simple. Never bet more than 5% of the bankroll at any one time. Less would be better, and 5% is enough.
This means that if the bankroll is £100, on no occasion should any more than 5% of it be at risk at any one time.
It doesn't matter if a "sure thing" is offered (there will always be sure things), no more than 5% is a rule that we adhere to except under the most exceptional circumstances.
The reasons are easily explained. By never risking more than this percentage we are assured that a bad run of losing bets will not wipe out our entire bank, and all the while we'll be building up an exhaustive record of bets placed that will help us to pinpoint our strengths and weaknesses in the tipping area of our strategy.
We cannot emphasise strongly enough how vital this first-level money management principle is to long term success. Without the discipline required to stick to the strategy we might as well give up and go back to whatever methods we used before.
Source:bookiebusters.net