Budget Your Money

Participating in any sports betting forum without budgeting how much you really have to spend can be a risky and you may end up spending more than you have. To avoid such situations, you need to do some quick money management and figure out how much you can afford. Set that amount aside exclusively for sports betting and stick to it! Avoid going over that amount or you run the risk of betting more than you can afford to lose.

The Home Team

Some bets are obvious, especially when it comes to betting against underdogs; however, keep in mind that placing your bets on the underdog team when they are on their home turf can turn out to be a great bet. This is not only because they have the home turf advantage and the support of their true fans, but also because you stand to gain a lot more by betting on them. Remember, this may not be a wise bet if the underdogs are playing an undefeated team, or if they have a particularly bad record.

The Odds

Make sure you do your homework before placing your bets; research the sports books you usually bet at because some have better odds on parlays and teasers. When you are betting big money, the difference in odds can directly translate into a huge difference in your payout.

Betting Under the Influence

Is it any wonder why all the gambling casinos in Las Vegas serve drinks free? Stay away from the betting window when you’ve had too much to drink; otherwise your judgment is blurred and you will not be able to make rational decisions.

Free Picks

Many top gambling sites offer free basketball picks, or whatever major sport is in season. Some of these picks can give you a good starting point when it comes to selecting further picks.

Source by Mike Levitte