subject: Breaking Sports Betting News - The Most Fundamental Betting Tip [print this page] Breaking Sports Betting News Breaking Sports Betting News
So you think you can make money from sports betting? After all, what could be simpler than picking a winning football team and betting on them? Of course, it's not that easy, otherwise sports bookies would all be out of business. The world is full of people who thought they could buck the odds and have ended up losing their shirt. If you want to try your luck, heed the advice of the experts and follow this most important of betting tips: never bet more than you can afford to lose. While this seems like common sense, you might be surprised how many people ignore this simple truth, to their everlasting regret. Breaking Sports Betting News
Smart money management begins with deciding how much your bankroll will be. Let's say you decide you will allocate $1,000 as your bankroll; be sure to stick to it whether you win or lose. Keep in mind that making money from sports betting is not a matter of winning big on a single bet but consistently making money on a series of winning plays.
Then, when you're placing your bets, always bet the same amount. One way you can ensure this is to set a certain percentage of your bankroll - 1% to 2% is ideal - as your typical bet and stick to it. If you're on a winning streak, you can raise the bets slightly to 3% to 4% to take advantage of the streak.
Money management is the most fundamental of betting tips and one that you ignore at your own risk. Breaking Sports Betting News
Breaking Sports Betting News - The Most Fundamental Betting Tip
