5 rules to follow when you’re betting on any sport
As the popularity of online sports betting continues to increase around the country, more and more new players are getting a taste of this age-old pastime for the first time.
With so many new players just getting started, there has never been a better time to pass down the time-honored tips and tricks that more seasoned sports betting fans live by.
With that said, in this short article, we will set out the most important rules you need to follow any time you are betting in the United States. And regardless of whether you are just getting started out or have a few years of experience, you should always keep these in mind!
Rule 1: do your homework
One of the most important things you need to do before placing a bet is to ensure you do your research!
Rather than blindly placing wagers that you intuitively think will pan out in your favor, make sure you have data to support your prediction.
Take the time to figure out who is playing, whether there have been any injuries or other team updates in the run-up to the game, and even what the weather will be like on the NFL game day. These are all important sources of information that will undoubtedly affect how the game plays out.
Rule 2: manage your money
Although it is one of the most important rules to follow when sports betting, it also tends to be the most frequently overlooked!
However, learning to properly manage your money will mean the difference between going bust on your first couple of bets and having a longer, potentially more fruitful playing session.
Always set a budget for yourself and try your best to stick to it. Don’t be afraid to step away from your sportsbook of choice once you have hit your threshold – this applies equally to your winnings as it does to your losses!
Rule 3: shop around
Another important rule to follow is to always shop around when you are choosing a sportsbook.
There can be a considerable amount of variation between the different sportsbooks in terms of the odds and lines on offer, so never be afraid to look around for a better deal!
Ideally, open up accounts with different providers and compare what odds you can get from each before choosing who to place your wager with. Even minor savings can add up over time!
Shopping around is easier than ever, thanks to the growing popularity of sports betting in the US!
Rule 4: bet with your head, not your heart
A difficult lesson to learn – particularly for newer players – is to bet with your head, not your heart.
This means you should always try and wager using logic, rationale and forethought, rather than pure emotions.
Emotional bets rarely come good, so try and ground your wagers in data rather than feelings!
Rule 5: don’t chase your losses
As an extension of Rule 5, you should never try and chase your losses.
Chasing your losses – i.e. trying to recover them – inevitably leads to emotional sports betting, which is not conducive to good strategy.
Losses are an inevitable part of the game, so try to accept them for what they are and move on!