America loves football. From the Superbowl to college football
games, a lot of people like to see their team win. They love it even more if
they manage to win a little on the side. Whether it’s through your local bookie
or a Bitcoin sports betting site, you probably
made a bet or two on your own. Sometimes the bet is a bust, but other times you
get a win. If you want to hit the jackpot more often or at least break even,
here are four tips to help you out.
Manage your money
The most important skill to learn when betting is managing your
money. This is the skill you’ll need to end up in the black. The basic rule of
thumb is to not bet more than you can afford to lose. This means if you’re
saving up for an essential car repair, don’t use that money to bet. You may end
up betting again to try and recoup your losses. Have a season budget and only
bet around 3 percent and 5 percent of it in every game. A $1,000 budget will
let you bet a maximum of $50 a game, which should be enough.
Look at the numbers
The odds are what determine your payout. Always betting on the
favorites will not get you good odds, since everyone knows they have a high
chance of winning. This means the bookies ensure that they don’t lose too much
on them by lowering your potential payout. Underdogs have better odds for you
since if they win, you’ll be looking at bigger earnings.
Furthermore, look around for other odds. Some bookies give
different odds than others. It’s best to bet where you can get the most advantage.
Favorites lose, too
NFL games can be close and there are a dozen factors that can
influence the win. Just remember that a bet on the favorite will not always pan
out as you like. Better be prepared for when this happens.
Don’t throw away good money
Some people want to win back their losses quick. They do this by
increasing their bets. Don’t do this. If you do lose, it would be best to step
back for some time and keep to your budget.