Sport: How to Bet on Sports



Betting on sports is done for the thrill of the game and to make money. Here is a comprehensive how to with some helpful tips for sports betting.

1. Have a basic knowledge of sports and decide what kind of wager you wold like to place. You can do what is called a proposition bet that allows you to make an exotic bet on coin tosses, yards passed, who will win the academy award, etc...

2. Get some money together. Depending on the time frame of your betting, allocate money for your betting. If you are going to bet three weekends a year vs. every weekend during football season, make a plan of dividing your money. All money management advices are similar and they basically advise you to bet two to five percent of your total bankroll for spreads, moneylines, and totals. For longshot bets, your bankroll should be bigger and you will have bigger fluctuations.

3. Find a sportsbook either in Las Vegas, Nevada or Delaware. If these are out of reach, there are some great and easy to use online sportsbooks.

4. Get betting advice from a sports handicapper. They will advise you on what the smartest wagers would be to make so that you can increase your probability of turning a profit.

5. Go for the bet. Once you know what you want to do, place the wager.

6. Win - hopefully!

7. Collect you money, rinse, and repeat. Just know when enough is enough, to avoid losing your winnings, getting into debt, or damaging your credit history.


Source:

 http://www.wikihow.com/Bet-on-Sports

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