Betting Tip # 1: Always have a budgeted bankroll. Before you decide to wager on anything, it is important that you apply good money management to your sports betting activities. Sit down, get a piece of paper and pen plus a calculator and compute the amount of money you can put aside for sports betting. The same concept applies in budgeting your dinners at restaurants or the money you spend on clothes. The amount of money you should be willing to spend for sports betting online is an amount you can afford to lose. When you have a number, stick with that figure. Apply discipline to your bankroll management and it will make you more money rather than spill money.
Betting Tip # 2: Look around for the best sportsbook. It is important you checkout all the bookmakers and sportsbooks available. Most of the popular bookmakers have online versions so you will not have a hard time looking for them on the web. Sometimes, especially in sports like college basketball, these oddmakers will have different numbers. Choose the bookie with the best odds and numbers. Be careful with the numbers because it can go as low as just three points and that three points can make the difference between a win and a loss.
Betting Tip # 3: Avoid making sports bets when you’re drunk. Your judgment will be impaired and you will regret it in the end. You not only lose money, you also end up with a bad and expensive hangover.
Betting Tip # 4: Research, research and do more research. Know everything there is to know about the particular sport you are betting on. Research about the teams, the issues they face and detailed information such as injuries of key players.