Long Term Sports Betting Online

December 1, 2010 Sports Betting

Sports betting online will be a popular way for many people to get involved in gambling.

Football is without a doubt the king of sports betting, but the other sports oftentimes offer sports betting online players more opportunities for profit.  Let’s look at long term sports betting online.

Sports betting online for many people can be all about making a quick score.  You hear all the time about some player turning $100 into thousands as they got lucky hitting some big parlay. What you may not hear about is the person that lost money every single month during the year in sports betting. Sports betting online can be very similar to stock market investing.  You play it for the long run and never put your entire bankroll on the line for any one play or you can try and hit the big score. The goal is to produce winners every month and every year in sports betting online and that requires discipline.

The first problem that many people have in sports betting online is that they don’t bet the proper amount.  If you are a $100 bettor with a $500 bankroll then you are going to go broke sooner or later.  You are betting a much higher percentage of your sports betting bankroll than you should.  Eventually everyone runs into a losing streak and if you are betting 20% of your bankroll on every game you will go broker sooner or later whether that is in NFL betting or college football betting.  The proper percentage is between 1 and 5 percent of your overall sports book bankroll.

The only way to avoid making mistakes is to have a system in place that takes a long term approach to winning at the sports book.  You should keep your plays at a set percentage, between 1 and 5 percent.  You should keep all of your plays for the same amount. This means you need discipline everyday in sports betting online.  You must remember that it is very easy to win or lose 5 games in a row.  It happens all the time in sports betting online.  You need the discipline and the system necessary to withstand the ups and downs of sports betting.

If you’re looking at sports betting online to make a quick buck then you are looking at it for the wrong reason. If you want to make money at sports betting then take the long term approach and incorporate some of the things we talked about into your strategy.