Beat the Odds – Bet Like a Pro

Sports bettingSports betting is a great way to make watching live sports even more exciting. As well as being generally enjoyable, betting can be profitable if you get lucky enough. For some players, luck has nothing to do with it and they have sports betting down to a science. While they’re not able to win every time, these professional gamblers are able to consistently turn a profit while betting on sports.

Of course, sports betting comes with a lot of risk, and while it is possible to make money, you could also end up losing every time you bet. For this reason, it’s important to always play responsibly, never betting more than you can afford to lose. Even if you’re on a winning streak, you’ll want to take care to avoid getting overconfident and losing it all. If you feel you need a break from sports betting, remember that most sportsbooks allow player to set limits on how much they spend.

Provided you’re betting responsibly, these following tips will help you to beat the odds and hopefully turn a consistent profit.

Choose the Right Sportsbook

If you want to get into sports betting in New Zealand, there are hundreds of great online sportsbooks for you to choose from. Picking the right site is crucial, as different sites have different odds, bonuses and provide a completely different user experience. You’ll want to choose a sportsbook that offers exceptional odds on the sports you like to bet on. You should also make sure that your preferred payment method and currency is accepted and that the site is safe and trustworthy. Lastly, consider the type of bonus you can claim when you sign up and whether it’s worth it. Make sure you check the full terms and conditions.

Research Your Sport

It goes without saying but you probably won’t have much luck betting on sports that you know nothing about. The best bettors carefully research the sports and events they bet on, making sure they just as much if not more than the bookies. You don’t have to watch every single game, but staying up to date with the latest team news and form can help you pick the right results more often. Follow your favourite teams and leagues on social media to make sure you never miss out on the latest injury update or player transfer rumours.

Manage Your Bankroll

The amount of cash you have to bet with is known as your bankroll and you’ll want to preserve this as much as possible. Ideally, your bets should always be a certain percentage of your bankroll. This way, when your bankroll increase you can risk betting a bit more, whereas when it decreases, you play it safe. If you’re surer of an outcome, you can use a slightly larger percentage, while you’ll want to use a smaller percentage if you’re less sure. If you want to keep track of your bets and how much profit (or losses) you’ve made, you can find a transaction log in your sportsbook account details.

Don’t Bet for the Sake of It

Betting can be a lot of fun but if you’re planning on making a profit, you’ll want to only bet on events where you think you have a good chance of winning. Always evaluate the odds before you bet, thinking clearly about your chances of winning. It’s easy to get carried away if you’ve made some good wins recently, but you should always be careful about your bets and avoid making them just for the sake of it.

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About Editor

Rich Nilsen is a 19-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 of the NHC twice. A former executive with and a member of the NHC Players’ Committee, Rich is a graduate of the University of Louisville Equine Business Program and is founder of, a site devoted to horse racing education and promotion.

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