Sports Gambling - How to Know How Much to Bet Per Event

25 Aug 2018 16:16
Tags

Back to list of posts

The most common mistake amateur and professional sports bettors make is gambling too much on individual events. A simple hard and fast rule is to never bet more than 2.5% of your sports betting balance on any given sporting event. However, before we get to the specifics of how much to bet there are a few fundamental rules any sports gambler needs to recall:

This is the one rule that too many men and women dismiss before it is too late. Ignoring this the principle generates all of the horror stories. In sports gambling you must remember that there'll be hot streaks and cold streaks and you don't want to subject your rent money or mortgage payment to any risk what-so-ever. If the money that you're employing to gamble is allowed for a necessity then you shouldn't be gambling with it. Only gamble with discretionary income.

Rule two: NEVER bet with your heart. This, again, is one simple rule that many gamblers appear to discount. When the Dallas Cowboys are your favourite team, you have to recognize (despite what you may think) that you'll be biased in attempting to determine the winner of any of the matches. The common (mistaken) logic is that because they are the favorite team you learn more about that group and therefore, you should have the ability to make a decision about the winner of the matches. Nothing is further from the truth. The trouble with this logic is that you hear biased Sports Radio about your team, you read biased Newspaper articles regarding your staff and above all, you are biased about your own team. The best rule to follow is to avoid betting on any sport that involves a team which you have ANY allegiance toward.

Measure 3: NEVER bet on a match since it is on Television. It's fine to bet on a game that is on Television, but do not bet on a game SOLELY since it's on tv.

Rule 4: ALWAYS bet the exact same amount on each event you gamble. To state it differently, don't play $250 on Pittsburgh versus Dallas, $150 on New England versus Indianapolis and $500 on Oakland versus Chicago. The only reason Sports Gamblers do this is because they feel more confident regarding Oakland versus Chicago, less convinced about Pittsburgh versus Dallas and marginally optimistic about New England versus Indianapolis. All too frequently, the"best" pick of the day, ends up incorrect, a rear door cover produces a reduction or even a late interception causes a change in the end result of the match. This is why: Say Steve bets $500 on Oakland +7 versus Chicago; $250 on Pittsburgh +4 vs Dallas and $150 on New England -3 versus Indianapolis. Further state Tom makes the EXACT three same picks, but stakes $300 on each match. Both gamblers have wager $900.00. Assume Oakland doesn't cover but Pittsburgh and New England do cover. Tom on the other hand has won two games and lost 1, however, has won $300.00 ($300+$300-$300). There is nothing more frustrating than with a winning percent, but losing cash.

Measure 5: NEVER bet over 2.5percent of your bankroll on any single occasion. If judi online in your sports betting account is $1000.00 then you need to wager $25.00 each game. The reason is quite easy. If you bet $25.00 per game you would have to shed 40 straight games before your accounts busted. Should you wager $100.00 per game (10% of your balance) you'd simply lose 10 straight prior to your accounts busted. In other words, by gambling 2.5% of your account balance on any particular match, you INSURE yourself that you will be able to withstand even the worst losing streak. Be certain that you follow Rule #4 as well…Do Not gamble more money on a single game and less on another.

Comments: 0

Add a New Comment

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License