1. Set your bet unit and stick to it
This is a good strategy if you’re starting out with a large bankroll. If you start your sports betting career with $5,000, you may want to stick with a unit. Then you begin to slowly build your bankroll by sticking to a unit bet.
We determine our unit bet based on our risk tolerance. The more tolerance for risk, the more we bet. If you’re risk averse, keep your bet unit to a minimum. Sports betting is possible 365 days out of the year. So there’s no reason to cause unwarranted stress.
2. Bet a percentage of your bankroll and decrease when you reach a goal
If you start with a smaller bankroll, consider betting a percentage up to a goal. For example, let’s say you start with $300. You bet 20% of your bankroll up until you reach around $1,000.
Then, you lower your bet percentage from 20% to 15%. Once you reach $2,000, a huge accomplishment if you started with $300, lower your percentage to 10%. If you’re not risk averse, keep it at 15%.
Think of the percentage as the dividends you are making on your sports betting stock portfolio. Doing so allows you to see sports betting in a different light, an investment point of view instead of a gambling point of view.
3. Go against the public
You won’t always win going against the public. You will make smarter bets in the long run if you always lean towards going against the public.
By lean, we mean handicapping public choices fully. The public is usually wrong. The public also loves to back chalk. So going against the public in many cases leads to better payouts and plays that have a much better chance of winning.
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https://n2g.io/6e46e60I agree with this to some extent but number three I’m not sure I agree with at all. Often times the public gambles a certain way because it is the most likely outcome. Of course when betting against the public when it comes to sports betting you can get better odds/payouts , but then your changes of winning aren’t as high so it’s much riskier.