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Once you have a bankroll set aside, one that you can afford to lose if everything goes wrong, you have to set up a system. Most sports bettors have their bankrolls torpedoed by the fact that they bet too much on a single game, in the hopes of raking in a big sum of money at once. Greed is the biggest enemy of healthy bankroll management, so if you’re having trouble exercising self-control, you know what you need to work on.
Never bet more than 5% of your entire bankroll on any one match-up. 5% is what you should bet on games about which you feel very strongly. If some trusted handicapper tells you something is a lock, keep in mind that it’s never enough of one to trust more than 5% of your bankroll to. On regular games, bet 1-3% only.
Sports betting consists of gambling on different kinds of sports. But football, basketball and horse races outclass all other sports. The principle of NFL or NBA betting is the same with the only difference of strategies applied. When putting bets on football remember to count an average of recently scored points, and for basketball betting superstar players presence is of the most importance.
Horse betting differs significantly from other gambling. Unique bets as well as strategies are employed for horse races. Betting terms teem with useful definitions and helpful explanations. Online video is a great resource for horse race betting.
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