Popular Sports Betting Tips For Beginners

Popular Sports Betting Tips For Beginners

September 3, 2020 Off By Lonnie Shade

Sports betting is about so much more than just a wager on your favorite team or maybe the outcome of a big final. There are so many intricacies in the process and can turn into quite the exciting hobby. It can also be fairly rewarding financially if you do it well.

For the beginner, there are a few things you need to know before you launch into your first bet.

  1. Find Out What Your Local Regulations Are

Sports betting is not legal everywhere. There are a number of states in the US that don’t allow it and others have very clear regulations on what is allowed and what isn’t when it comes to placing wagers on sporting events and individual athletes. It’s essential to know what is allowable for where you live so you don’t end up unwittingly breaking the law.

  1. Pick The Sports You Know

Many beginners tend to pick their favorite team to win and that is that. There are also those who pick the opponents in a knock-out match so that if their team wins, it’s great, and if they lose, the person at least wins the bet. This is not a sound strategy for doing well at sports betting.

For one thing, it’s very difficult to be unbiased when betting on a team or player that you love. Being unbiased is exactly what you need to do though. However, it is good to start with picking sports that you actually follow and enjoy when you are looking to get into sports betting.

If you know the game, the players and the competition, it’ll be much easier to make smart choices for your bets. You just have to remember to take emotion for your favorites out of your betting decisions.

  1. Learn How To Read The Lines

Betting lines in a sportsbook are essentially the odds on the team, player, game, etc. These determine who is the favorite to win, who is the underdog, and what is likely to happen. The lines are generally based on stats from previous events and seasons. They can also be influenced by the operator making an educated assumption on where most people are likely to be placing their bets. For example, if it’s a local sports betting operator, they’ll assume that most bets will be placed on the home team to win.

  1. Start Small And Simple

As already mentioned, you should start with the sports and teams or players you already know. You should also start with smaller bets on some of the bigger tournaments. Once you’ve got some practice with reading the lines and making judgements on upcoming events based on those, you can start to expand how much you bet each time and what you bet on.

This will give you a firm understanding of the sports betting process and some time to make mistakes without losing a lot of money. Just remember to continue analyzing the data in front of you and don’t bet with your emotions.