Betting on sports can be extremely exciting, but it can also be disastrous. It’s very important that you take the right steps in order to ensure that you will remain in the game. Very few people who enter the world of sports betting end up making a profit, but those people are out there. Therefore, there is hope. The number one word to remember is discipline. Let’s look into some of the details on how to remain disciplined when betting on sports. We will focus mostly on football betting since that’s by far the most popular form of wagering.
When most people bet on football, they place straight bets. This might be the obvious route to take since it’s so simple and you only need to make one correct pick. However, it’s not the best option. Actually, it’s not even close. The only time you want to place a straight bet is when you’re hedging it against another bet. Otherwise, you’re much better off betting a 2-team parlay.
Let’s use really small numbers. This will guarantee that this kind of bet is possible for anyone. Let’s say you like the Patriots – 7 and the Broncos – 3. Instead of placing these two bets as individual straight bets, you should place one 2-team parlay. A $25 bet will return $65 if you hit. When you factor in losses, splits and wins for straight bets versus 2-team parlays, over the long haul, there will be a $15 advantage in your favor by placing 2-team parlays.
With a straight bet, if you lose both, you’re down $55. With a 2-team parlay, you only lose $25. If you win both straight bets, you win $50. If you win a 2-team parlay, you win $65. The only situation where you lose by using a 2-team parlay is if your two teams split. With straight bets, you would only lose the vig. However, that’s playing not to lose. If you really want to be a profitable player with football betting, then you need to play to win. UFABET
As stated above, you also need discipline. Therefore, if you’re ever down, then you must place a rule that you’re not allowed to chase. Chasing means betting more money than usual in order to recoup your losses. This is exactly what destroys people’s bankrolls. If you really want to frustrate your bookie when sports betting, then decrease your bets the weeks your down. Increase your bets in the weeks when you’re ahead. This is an effective, business-like approach.
The good news, and what most people don’t realize, is that there is still a way to have a chance at getting your money back at the end of the week without chasing. Instead of placing large bets on the side and total, place a small bet on a parlay. So if it comes down to Sunday Night Football and you’re down $250 for the week, don’t bet $200 on the side and $200 on the total. If you lose both, you will be looking at a hefty loss of $650 for the week. Instead, place a $100 2-team parlay on the side and total. If you lose, you will be down $350 for the week instead of $650. If you win, then you will be ahead $10 for the week. That said, it’s highly recommend that you stick to very small bets when down, such as a $25 2-team parlay. If you lose, it’s no big deal. If you win, you minimize your losses. Wait until the following week to attack.