How To Bet On Sports: 7 Tips For Beginners

As sports betting is rising in popularity, we are seeing a new generation of bettors. And while this is a great thing, these new sets of players still need some guidance. We say this because even if you bet on a top bookie like bet365, doing it wrong would not yield good results. To set you on the right path, here are seven tips to follow.

Tip 1: Sticks With the Basics

This is the first juncture that most beginners miss. We know that there are several betting options namely:

• Parlays
• Futures
• Point Spread
• Prop Bets

and many more.

However, as a starter, the best thing is to stick to the basic option which is moneyline. And then work your way up with other options like totals. That way, you reduce the risk of being overwhelmed by complex options.

Tip 2: Specialize

What do we mean by specializing? It implies that you should stick with very few sports. If possible, only one as a starter. If you are bent on staking on several games in different sports, it won’t always end well. Instead, stay with a few and become a master at them.

Tip 3: Take Breaks In-between Streaks

When you are on either a winning or losing streak, you are on an emotional rollercoaster. For a winning streak, it could be extreme excitement that could lead to irrational decisions. And for losing streaks, it could be sadness that results in trying to desperately win your money back. The solution is to take breaks when on these streaks. Take some time to cool off and attain emotional stability.

Tip 4: Have Realistic Winning Expectations

If your estimation is to win several million on a little stake, you may need a little rethink. Our advice is that you stay true to yourself and set only realistic expectations. As a rule, don’t make sports betting your main source of income because you will have occasional losses.

Tip 5: Develop Good Risk Management Plans

Wins are not 100% certain in betting and if you are not careful, one loss could overwrite a string of wins. But with proper risk management plans, one win would be enough to overwrite a losing streak. So take time to evaluate your budget and have a percentage risk per stake. For a beginner, it seems tedious but with consistency, you will get accustomed to it, and most importantly, you will understand the need for proper bankroll planning.

Tip 6: Don’t Bet Everyday

Many beginners find it hard to deal with the urge of betting every day. But take it from us, there is no need to place stakes all the time. Betting every day only leads to impulsive decision-making that forces you to stake on unfavorable odds. If you can’t find good stakes, close your bookie and come back another time.

Tip 7: Remain Disciplined

Without discipline, you will find it difficult to keep to your rules. Undisciplined bettors find it difficult to keep their emotions in check and that is the last thing you want as a beginner.

Final Words

If you want to enjoy sports betting, control your emotions adequately. So tame your emotions, follow our tips, and you are in for a good ride. Enjoy your profitable journey!