#5 Dont pay for picks
If you’re a first-time sports bettor, you might be tempted to pay for picks to get an inside edge on the action. In fact, between advanced analytics and an ability to weigh the inside action, it almost seems wise to pay for picks. However, the problem with this idea is that even if you do manage to win, you owe a part of your earnings to a monthly or yearly subscription. This slashes your potential income.
Think about it this way, if you are a beginner, do you really want to spend time trying to look up a reputable tips service? They’re tough to find in most cases. Why would you want to put your hard-earned money in their hands when you can learn sports betting from the ground up yourself?
#4 Maintain a betting record
As crazy as this might sound, it’s really important to record all of your bets. This means make sure you know who you bet on, what odds you bet at, how much money you bet on it, and the result of the game. Not only will this help you know when you are up or not, which will be insanely helpful when under pressure, it also helps reflect what betting strategies are working and what aren’t. Be disciplined.
#2 Don’t bet on your favorite team
Believe it or not, you probably shouldn’t bet on your favorite team when you first start out in sports betting. In fact, some experts claim that you should NEVER bet on your favorite team. This is because fans are biased and blindly expect “their team” to win the game.
Also, if you spend too much time focusing on your favorite teams, you miss the chance to scout other teams to gamble on. This leaves sizable gaps in your knowledge of each sports’ landscape and keeps you blind to other betting trends that could end up being lucrative. The point is, don’t minimize your point of view to just one team or even just one league. Always be ready to learn a new sport that you can bet on, and you will have a much higher chance of success in the long run.
#2 Dont bet while in an emotional state
Let’s be honest here. Betting while emotional, drunk, or under the influence is basically the equivalent of throwing your money into a flaming garbage can. You will literally never see that money again. That’s why it is absolutely paramount that you do not bet while emotional. Do not bet while in a difficult time in your life, and for the love of whatever god you pray to, don’t gamble with your rent money. You will regret the decision- trust me.
Just try to make rational decisions you can back up with facts.
#1 Study the basics
Please do not place a single bet until you learn the basics of sports betting and a few strategies. Most people going into sports betting think their general sports knowledge will suffice, but it’s really not that simple. Think about it! Whether it’s the NBA, NFL, MLB, NASCAR, NHL PGA, or reports, there is a level of complexity to each sport that will take time to learn.
