Sports Betting – Making Money VS Picking Winners

Sports betting is a multi…multi million dollar business. And there doesn’t seem to be any signs of it slowing down. And no reason really for it to do so.

While betting can be a problem for many people, those that do have a problem controlling their betting typically are people that have addiction issues. If it wasn’t gambling it would most likely be some other addiction. If you are reading this and realize this might be you, then you really need to seek some help with your problem.

Assuming that you are addiction free in relation to gambling, the goal behind your actions should be first and foremost, having fun and finding enjoyment. You should not attempt to take sports betting to a serious level, unless you are prepared to make the sacrifices that successful serious sports wagering requires. Both in time and money. It should be a leisure time activity. One you can share with your buds and in many cases with your girlfriend or wife.

Once you have looked inward and find yourself free and unencumbered with regards to control problems, you can move to the next step. That step would be deciding on how much money you have available for your betting enterprise. Do not take money from your monthly living expenses and risk it. Just extra money earmarked for entertainment should be used. And not all of that. Just a percentage of that fund should be right. The percentage you choose to risk of course is up to you.

Now comes the area where most gamblers make their biggest mistake. And it’s true for the serious and casual bettor alike. And in the world of gambling, ego is the 800 pound gorilla in the room that no one wants to acknowledge. Very few areas in life can give rise to an exploding ego like gambling. And if you didn’t realize it by now, sports betting is gambling. The rush behind picking a winner is truly amazing. I assume it’s akin to a rush one might get from different drugs.

The flip side of that rush is a spiraling fall into despair, anger, remorse and sometimes completely anti-social behavior. The more losses, the more that fall accelerates. Keep it up and rock bottom will come hurtling up toward you before you know it. And if you buy into picking winners, then you are going to experience the aforementioned emotions. There is nothing but heart ache attached to the desire to just pick winners. 메이저놀이터

So if you don’t pick winners, how the heck can you win at sports betting? The answer is you can’t. That may sound like a contradiction I know, but in fact it isn’t one. You have to pick winners to win money. But the goal should be to win money not races or games. That too may sound a bit crazy, but it’s again all about winning money.

You do that by making sure the odds are in your favor. You look for an edge. Something that will allow you to more likely show a profit than a loss at the end of a string of betting events. I like to do that by never betting on favorites. The reason is that in general sports betting, when betting the favorite you must risk more money than you can win.

Betting more money than you can win is known as laying the odds. That’s where you put up $15 to win $10 or you could have to put up $20 to win $10 in the case of an extreme favorite. The opposite, and my favorite way to bet, is to bet the team that is considered an underdog. By that you are risking $10 to win $15. Not every bet is $10 bucks, it’s just an example of betting less to win more. Do that and you can win half of your bets and still come out with a profit.

After all, isn’t that what you are striving for in the end? Making money. So betting sports and making money doesn’t have to be about picking winners, but about making the best bets that will result in the most money won. You can and really the only way that exists to come out on top is by getting an edge over your competition. Do that over the long run and you will turn out to be a winner.