10 Golden Rules

Sports Betting – 10 Golden Rules for Success

top10rulesThe betting world is not one that guides itself after the “veni, vidi, vici” (I came, I saw, I won) formula; to be successful you need to understand what are you getting yourself into.

There is no book that will tell you, word by word, how to become successful in betting, but there are some tips that could help you along the way.

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Rule #1: Understand the sport – start treating sports betting as a job.

Granted it will be one that will bring you joy, but you still need to work for it. Research everything you can find about the team you’re going to bet on, about the players, the injuries in the squad etc.

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Rule #2: Set yourself a limit – of course you already have a budget set aside for betting, as well as the amount of money you’re willing to lose in a month.

If you reach the limit before the month is over, that’s when you know you have to stop betting. Keeping up with this rule will only ensure that you have fun while betting and you can eliminate the stress.

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Rule #3: Bet on what you know – if you take football betting, be sure to set your eyes on a team or a league you have at least some knowledge about.

Even if you do your research properly, you have to make sure there’s enough information to make an accurate prediction. It’s never wise to try out sports and events you have zero knowledge about, it WILL hurt you in the long run.

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Rule #4: Take advantage of bonuses – bookmakers offer huge bonuses upon opening an account.

Be sure to shop around for the best offers, because some sites can even double the amount of money you put in your bankroll when you open an account. Imagine all the amazing bets you could place with that amount of money.

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Rule #5: Have patience – you might find yourself in the situation where you don’t find an event that you want to bet on.

If this happens, step away and enjoy your day out, because it’s always better to wait a little for a better offer; bookmakers have bad days too, you know?

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Rule #6: Write down everything

Write down everything while you’re doing your research, it will help you spot future trends, but also make an analysis on your performance as a bettor. In the beginning it might look like a useless task and a waste of time, but remember we’re doing this for a long-term profit.

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Rule #7: Understand the language – while doing the research, before placing a bet, it’s highly important to know the terminology.

It will make you understand how the betting system works and save you the time you might lose before placing any important bets. Bookmakers tend to use specific language and we don’t want any confusion.

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Rule #8: Check on your bets – always keep track of the bets you’ve placed, especially if you’ve placed them a few days before the events take place.

Everyone knows bookmakers like to change their odds once new information becomes available and you might find yourself in the situation of finding a new element of the bet that you don’t particularly like and that it makes you feel uncomfortable.

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Rule #9: Keep it simple – always bet the same amount of money if you bet on several events, even if you’re sure about the outcome of one of the games.

Some may argue, but sometimes even your favorite team can make a mistake that will make them lose the game and if you bet different amounts of money, you might find yourself with big loses right from the start.

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Rule #10: Take back profits – like we mentioned in the beginning, if you make a schedule for yourself, stick to it no matter what.

Some players withdraw their money at the end of each week, some twice a month, others at the beginning of each month. You have to do only what’s best for you, if you set yourself a weekly schedule, pay out your winnings every Sunday or whatever day of the week you want.

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