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You could have 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! Quite simply, ask them how they did the rest of the year.<br><br>The very fact is that anyone 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 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 will start you and keep you on the right track.<br><br>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 must know the guidelines, strategies, players, coaches, trainers, venues and 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 often be open to learning something new and taking your understanding to another level. Become an expert and after that a guru.<br><br>If you really want to earn money on a weekly basis, in which case you have to treat sports betting like it's really a business. Why? Because it is a business. Sports betting is not about hunches, it's about weighing evidence, which includes stats, injuries, depth analysis and much more. Keep files on teams, your wagers, your successes and failures and analyze your performance. For anyone who is constantly losing, you should figure out why. If 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.<br><br>It is extremely crucial that you track each and every wager, including how much you bet, just how much you won or lost and your resulting balance. Be careful in deciding 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 if you win, then loosen up the bankroll a bit. But don't go overboard and don't start making desperation wagers in order to make up for losses.<br><br>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 steer clear of them. Focus on making single wagers on specific games in one sport. Moneyline, point spread and over/under wagers are all sensible and winnable. You won't make a killing on any one of these wagers, but when gambling on sports, they can be your best bet. If you make some solid cash then designate 5 to 10% of your winnings (not your bankroll) for long shot wagers.<br><br>Say this as if it were a prayer, it could save your [https://osisat.edu.ng/elearning/profile/ok9599com excellent online gambling] life. Never bet when you are desperate, drunk, high on drugs, depressed, tired, angry, stressed or under-informed. Never do that. Never.<br><br>If as a sports bettor you're looking to have a few laughs and drop some cash on a game or two, then do so. Have a ball. You could win several bucks and after that lose a few or lose much more. But don't expect to earn consistent cash through your efforts. In order to 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.