Sports Gambling - How To Know How Much To Bet Per Event
sponsor aoncash and amateur sports bettors make is betting too much on individual occasions. A simple hard and fast rule is to never bet more than 2.5% of your sports betting equilibrium on any sporting event. However, before we reach the details of how much to wager there are a few basic rules any sports gambler needs to remember:
Rule 1: NEVER bet more than you can afford to lose. This is the one rule that too many people ignore before it is too late. Ignoring this the principle creates all of the horror stories. In sports gambling you have to remember that there will be hot streaks and cold streaks and you do not want to subject your rent money or mortgage payment for any danger what-so-ever. If the money that you’re employing to gamble is earmarked for a requirement then you should not be gambling with it.
Rule 2: NEVER bet with your heart. This, again, is one simple rule that lots of gamblers seem to ignore. When the Dallas Cowboys are your favourite group, you must recognize (despite what you may think) which you’ll be biased in trying to determine the winner of some of the matches. The common (mistaken) logic is that because they’re the favourite team you learn more about that team and thus, you should be able to generate a decision concerning the winner of their matches. Nothing is further from the truth. The problem with this logic is that you just listen to biased Sports Radio about your team, you read biased Newspaper articles regarding your team and above all, you are biased about your team. The best guideline to follow is to refrain from betting on any game that involves a team which you have ANY allegiance toward.
Rule 3: NEVER bet on a match since it is on Television. It’s okay to bet on a game that’s on Video, but don’t bet on a game SOLELY since it’s on television.
Rule 4: ALWAYS bet the exact same amount on each event you bet. To state it differently, don’t play $250 on Pittsburgh versus Dallas, $150 on New England versus Indianapolis and $500 on Oakland versus Chicago. The only reason Sports Gamblers do so is because they feel more confident about Oakland versus Chicago, less convinced regarding Pittsburgh versus Dallas and marginally optimistic about New England versus Indianapolis. All too often, that the”best” pick of the day, ends up wrong, a rear door cover creates a loss or a late interception causes an alteration in the end result of the game. Further say Tom makes the EXACT three same picks, but stakes $300 on each match. Both gamblers have wager $900.00. Assume Oakland does not cover but Pittsburgh and New England do cover. Tom on the other hand has won 2 games and lost 1, but has won $300.00 ($300+$300-$300). There’s nothing more frustrating than having a winning percentage, but losing money.
Measure 5: NEVER wager over 2.5% of your bankroll on any single occasion. If your balance on your sports betting account is $1000.00 then you should bet $25.00 per game. The reason is very easy. If you bet $25.00 per game you may have to lose 40 straight games ahead of your account busted. Should you bet $100.00 per match (10% of your balance) you would only have to lose 10 straight before your account busted. In other words, by betting 2.5% of your account balance on any given game, you INSURE yourself that you will have the ability to withstand even the worst losing streak. Make certain that you follow Rule #4 as well…Do Not bet more money on one game and less on another.