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You might have often heard someone bragging that they picked 9 out of ten NFL games last week or managed to take a three-way parlay to the bank or engineered wins in both the daily double and trifecta at the track. Wow, what a great day that gambler had! Now, ask them how they did the rest of the year.

The truth is the fact that anybody can hit on a bet every once in a while, but in sports betting, where the very best pros are right 60 to 65% of the time, it takes more than one day of luck to turn a true profit. Sports betting might not be a science, but it really is a discipline and it does involve research, analysis and skill. If you want to be a successful sports bettor, here are five tips that can start you and keep you on the right track.

Successful handicappers are experts in 1 or 2 sports. To start with, don't bet soccer or even the horses if you don't follow soccer or perhaps the horses. You need to know the guidelines, strategies, players, coaches, trainers, venues plus much more associated with any sport on which you are going to wager. That suggests reading previews, keeping abreast of daily developments and engaging in detailed analysis. You should always be open to learning something new and taking your understanding to another level. Be an expert and after that a guru.

If you really want to make money on a weekly basis, then you have to treat sports betting like it is a business. Why? Because it is a business. Sports betting isn't about hunches, it's about weighing evidence, which includes stats, injuries, depth analysis and even more. Keep files on teams, your wagers, your successes and failures and analyze your performance. If you are constantly losing, it is important to figure out why. In the event that you don't, you run the risk of going broke, going nuts or going to jail. Sports betting is a business and should be treated as such.

It really is extremely important that you track just about every wager, including the amount you bet, how much you won or lost and also your resulting balance. Be mindful in deciding simply how much you are going bet. If you have a $500 bankroll and you're making $50 wagers, that grubstake will be eaten up quickly. Make small wagers and excellent football online if you win, then loosen up the bankroll a bit. But do not go overboard and do not start making desperation wagers to be able to make up for losses.

By crazy bets, I mean the following-exotics including parlays, futures, mixed parlays and various props. Should the odds are long, in which case you should avoid them. Concentrate on making single wagers on specific games in one sport. Moneyline, point spread and over/under wagers are sensible and winnable. You won't make a killing on any one of these wagers, but when gambling on sports, they can be your very best bet. If you make some solid cash then designate 5 to 10% of your winnings (not your bankroll) for long shot wagers.

Say this as if it were a prayer, it could save your gambling life. Never bet when you are desperate, drunk, high on drugs, depressed, tired, angry, stressed or under-informed. Never do that. Never.

If as a sports bettor you're looking to possess a few laughs and drop some cash on a game or two, then do so. Have a ball. You might win a number of bucks and after that lose a couple of or lose even more. But don't expect to earn consistent cash from your efforts. So that you can do that, it's important to be a true student of the game and an astute businessman, managing your money, making sensible decisions and keeping your emotions in check.