We wish we could tell you the answers to these questions, but the truth has been lost in the mists of time. There is evidence, however, proving that bookmakers existed in Ancient Rome and historians have confidently stated that wagering on the outcomes of Chariot Races was a common activity for the Ancient Greeks. Certain people, however, believe staking is even older than that!
Whatever the facts are, it’s relatively safe to assume that we’ve been betting on the results of sporting activities for about as long as they’ve been taking place. And, with the first recorded Olympic Games unfolding in 760 BC, it’s been a pretty long run.
Today it’s big business and a fun pastime for millions of people the world over. Some would be classified as casual bettors, wagering infrequently, while others do so more regularly, and still others make it their profession.
Whatever your approach may be, there are hints, tips, and strategies that will see you putting more money in the bank at the end of the day.
Do Your Research
The more information you have at your disposal, the more quickly you’ll be able to spot a high-value stake and take advantage of it. While there is a point where you have to go with your gut, you’ll find your hunches are more correct more often when you’ve done your homework.
It may surprise you just how many sports bettors start wagering after they’ve had a few drinks. Needless to say, this is far from ideal, and the majority of stakes made under the influence will lose and lose big.
Your state of mind is an important part of the betting process, so along with not being drunk, make sure you’re not angry or upset at the time, either.
Limit Wagers to Desirable Lines
You should only be staking on lines that you’ve got a good feeling about, that your research supports, and that you feel offer positive expected value. You certainly don’t have to bet on everything happening to become a solid sports predictor!
The best stakers choose a couple of games a day, and only those with desirable lines. Patience is a virtue and one that will help you build your bankroll more quickly than you might imagine.
Shop Around for the Best Odds
Shopping for odds is vital and could be the difference between your becoming a sports bettor to be reckoned with or one that just falls by the wayside. As much work as it entails, how much it adds to your potential winnings makes it well worth the time and effort.
As a Rule, Bet the Underdog
Joe and Jane Public love betting on the Favourite because they enjoy winning. How much they may end up taking home doesn’t seem to matter as much!
Consider paying the underdog more attention than it typically receives since betting sites are aware of general trends and will sometimes slightly sway the lines to account for them.