There are two kinds of gamblers... those who lie about their losses and those who don't. Very few people who gamble come out ahead.
But, winning basketball bets is possible if you're smart and have a little good fortune.
These bettors have a few things in common. Most important are a set of rules and the determination and self-discipline to stick to them. The best basketball I know has made these rules for himself.
1. Start the season with a plan. Know how much you are going to bet on each game (or at least set a range). Determine the maximum number of games you will bet during the season. And, most important of all, remember that wagering is something that should be done for fun. Never risk more than you can afford, and never increase your maximums, regardless of the circumstances.
2. If your goal is winning, treat every wager as an individual investment decision. Research, analyze, and weigh the options.
3. Limit your selections to games on which you are the most confident. It is much easier to win if you try to select only a few winners.
4. Do not get too carried away with trends, particularly longterm historical trends. Are statistics from past seasons really important? Decide what data is really relevant.
5. Whether you win or you lose, continue to analyze the effectiveness of your selection process. Are you betting too much with your heart? Are your perceptions about the quality of play in a given league proving to be correct? Are you giving too much (or too little) weight to the quality of teams' coaches? Refine your selection criteria if warranted.
6. If you do not understand how big an advantage the home court is in basketball, do some research. Playing at home offers a bigger advantage in college basketball than it does in any major sport.
The reality is, you may very well be able to win bets against your friends if you follow the guidelines above. And, even if you lose a little every season, you can have a lot of fun. Just don't think you can win betting against the pros. Small wagers can make watching a great game even more fun, large wagers are for fools.
But, winning basketball bets is possible if you're smart and have a little good fortune.
These bettors have a few things in common. Most important are a set of rules and the determination and self-discipline to stick to them. The best basketball I know has made these rules for himself.
1. Start the season with a plan. Know how much you are going to bet on each game (or at least set a range). Determine the maximum number of games you will bet during the season. And, most important of all, remember that wagering is something that should be done for fun. Never risk more than you can afford, and never increase your maximums, regardless of the circumstances.
2. If your goal is winning, treat every wager as an individual investment decision. Research, analyze, and weigh the options.
3. Limit your selections to games on which you are the most confident. It is much easier to win if you try to select only a few winners.
4. Do not get too carried away with trends, particularly longterm historical trends. Are statistics from past seasons really important? Decide what data is really relevant.
5. Whether you win or you lose, continue to analyze the effectiveness of your selection process. Are you betting too much with your heart? Are your perceptions about the quality of play in a given league proving to be correct? Are you giving too much (or too little) weight to the quality of teams' coaches? Refine your selection criteria if warranted.
6. If you do not understand how big an advantage the home court is in basketball, do some research. Playing at home offers a bigger advantage in college basketball than it does in any major sport.
The reality is, you may very well be able to win bets against your friends if you follow the guidelines above. And, even if you lose a little every season, you can have a lot of fun. Just don't think you can win betting against the pros. Small wagers can make watching a great game even more fun, large wagers are for fools.
About the Author:
Rob Webster enjoys making small stakes wagers on college basketball. Aside from sports, his interests and areas of expertise include online
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