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Ten Golden Rules Of Successful Sports Betting

Ten golden rules of successful gambling

AS SOMEBODY ONCE said, "Rules are for the guidance of wise men and the obeying of fools".

True enough, but when it comes to sports betting (or gambling) there are ten golden rules every punter /gambler /gamer /bookmaker should strictly obey - and in doing so they certainly won't turn out to be fools.

If you want to profit from your bets, be sure to observe these ten golden rules for Streetwise punters at all times.

If you want to profit from your bets, be sure to observe these ten golden rules for a sports betting.com punters at all times. So, here are the ASportsBETTING.cOM Ten Golden Rules for Successful Punting.

  • Never Bet More Than You Can Afford To Lose
    No matter how good a judge you are and no matter how many winners you find, if you start betting more money than you can afford to lose eventually the bookies will get you.

    Once you start staking amounts you can't afford to lose your judgement will inevitably be affected.

    Also, there's no thrill in putting your financial future - or even your family's financial future - on the line.

    So analyse your betting and decide on the level of maximum wager you feel comfortable with.

    Whatever this amount might be, you don't have to feel happy about losing it. Just make sure you can afford to lose it, otherwise your betting will go nowhere.

  • Remember There Are No Certainties
    As in life, there are absolutely no certainties in betting. No matter how big a cert something looks, don't bet your last penny on it.

    Time and time again over the years seemingly certain bets have been turned over.

    For example, in March the racing press highlighted an evening when a number of strong footballing nations looked nailed on to win their Euro championship matches.

    Their suggestion was to back the nine teams in one accumulator which, unbelievably, would have still only added up to as! 2 reward at the best prices.

    Needless to say, the bet went down thanks to a few fancied teams doing badly, including Italy, who drew one-all at home to Belarus.

    There will often be situations where you feel you're onto a good thing, but not enough for you to believe that betting on them is the key to success.

    Any dictionary of failed punters will contain many entries of those who earned their place through lumping on proverbial "good things".

  • Be Flexible In Your Approach
    In betting there is more than one way to win. An approach that works well for one punter might not work for another.

    So, the rule here is to find the approaches that work for you and make them the basis for your betting.

    Even then you should never close your mind to other new ways of betting that might come along - perhaps a system or tip featured right here in this article.

  • Keep A Record Of Your Bets
    We've said it before and we're going to say it again: keeping a record of all your bets is essential.

    Not only do you need a record of how much you are winning and losing, you also need a record of the types of bet you are making.

    Through keeping records you'll start to build up a picture of the bets that work for you and those that don't.

    Of course, it's tough to have to write down those painful losing bets when you'd prefer to forget them, but if you want to make a long-term success of betting you need a record of your failures as well as your successes if only to ensure you never make the same mistake twice.

  • Don't Bet On Emotion
    Betting on situations when you have an emotional involvement is to be avoided at all costs.

    Examples abound.

    Supposing you are a staunch supporter of a particular football team. They reach the semi-finals of the FA Cup and you're desperate to see them get through to Wembley.

    No matter how much you fancy them you should avoid betting on the semi-final.

    Always go for the bets which present the best profit opportunities, not those which include your sporting favourites.

    No matter how sure you are your side will win, for instance, you can't be sure your judgement isn't being affected by the emotion of wanting them to make it to the final.

    Another benefit of not betting in these situations is that you won't suffer the further disappointment of also losing money if your team does let you down!

  • Bet Only In Situations Where YOU Think You Have An Edge
    Not so easy this one. Basically, it me, only betting in situations where you believe you know something that one bookie doesn't.

    Put another way, if you think the odds on offer are more than they should be because a relevant aspect being bet upon has been overlooked, get shuck in.

    Of course, betting in this fashion is difficult because it might mean cutting back, on the number of your bets. But who said successful punting was going to be easy!

  • Don't Let Strange Results Throw You
    As we said earlier, there are no certainties. This shows itself through strange results occurring. What you need to however, is make sure you aren't thrown by any turn-ups.

    Suppose you're following a really good racehorse. It has won you money on number of occasions but then meets with an unexpected defeat.

    What you must do is let the reversal put you off back the horse in the future - providing, of course, the defeat hasn't shown that something is badly wrong with the animal.

    Week after week, favourites that has been beaten last time out come home their next outing. It's something that often infuriates punters but they frequently have only themselves to blame.

    Quite simply, if the punters who cry foul when a well backed favourite scoots up or next run had taken the time to carefully analyse the initial defeat, they might have realised a better opportunity was on short wait away.

  • Look For Situations Where Other Punters Are Being Emotional
    An earlier rule concerned not letting your emotions become tied up with your bets. On the other side of the coin, why not look for situations when you feel other punters are guilty of the same thing?

    You'll be surprised. Today the opportunities are greater than ever.

    In a society where instant reward or gratification craved there are plenty of times when punters are too easily taken in by one good performance.

    This is often the fault of press who, as a classic example (excuse the pun), will begin writing up the chances of two-year-old racehorses for the following year's Guineas or Derby after just a couple of good performances.

    As a result, many punters start backing the horse ante-post on emotion only. Come the day of the race, better value can frequently be found with other runners.

    Another example is where London football teams sometimes end up at shorter prices for big matches than they should be.

    Many of the country's biggest punters tend to live in the capital and follow London teams.

    Thus, their money - money often bet through emotional feelings rather than judgement - forces the prices of their teams down to unrealistic levels.

  • Plot A Strategy
    Don't bet on whims - follow a strategy and stick to it. That doesn't mean you must be inflexible, but does mean you need to approach your betting in a structured way.

    As a good example, you might be working in a nine-to-five job and occasionally visit the betting shop in your lunch hour to place small bets for fun.

    At weekends, however, you might take your betting seriously and place heavier wagers.

    The thing to do here is to cut out the "fun" bets. Chances are you'll be placing them on a whim and not after proper consideration.

    Far better to make your strategy one of betting seriously, only at weekends. By all means follow the results throughout the week, but don't place any bets.

  • Enjoy Your Betting
    This final rule could also be entitled Know When To Stop. Putting it simply, don't carryon if your betting has lost its enjoyment for you.

    This will almost certainly happen when long losing runs are encountered.

    If you have a good system you shouldn't lose heart, but if you do, the best thing is to stop, shut up shop and forget all about betting for a while.

    Through doing so your confidence will return and so will your enjoyment of what you are doing.

So, that's it then. Ten golden rules to successful sports betting. Stick with them and you'll be pleasantly surprised at the edge you'll gain over other punters.

Not to mention, of course, the bookies! the bookmakers!

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