If you want to make money in sports betting, you are probably already aware that the odds of making money from sports betting are better than they are in casino-style gambling. While these are games of chance, sports betting is different – when you bet on sports you can make an educated guess on an outcome which is possible to foresee. For some tips on doing well in sports betting, keep reading.

9.Place Bets on the Right Sports Book
When you place your bets on the right sports book, you get an edge of 3% over some other books.

8.Bet Against the Public
There are those who will tell you that betting against the conventional wisdom and “fading the public” can be a winning strategy. Many bettors do so.

7.Do Your Homework Before the Game
If you really want to win in sports betting, educate yourself. You need to think about everything, especially the factors that others might ignore. Not even bookies know everything about every game. Become a specialist and you could find yourself a winner.

6.Choose the Underdog at Home
The underdog is statistically a good bet when they are playing a home game. Teams tend to put forth their best effort for the home crowd, so don’t count on the favorite on the underdog’s turf.

5.Bet at Just the Right Time
Bettors who opt for the underdog usually do so early; be different. Bet early on the favorite and late on the underdog. Going against the conventional wisdom can work well for you in sports betting.

4.Make Arbitrage Bets
When you make arbitrage bets, you are betting on a specific occurrence within the game and can make money regardless of the outcome.

3.Square or Sucker Lines
Most bettors will try to avoid square lines (lines which are made to lure people into betting one way or the other). You can even make money off of these by keeping an eye on the odds.

2.Never Gamble While Drinking
This may be common knowledge to some, a great shock to others. However, when you drink an alcoholic beverage, your judgment will be significantly clouded. A drink may also give you that extra “courage” to make a rash and expensive decision.

1.Manage your Gambling Money
Another common sense rule is this – never bet more than you can easily afford to lose. You should actually set aside a sort of “betting fund” and stay within this limit, no matter how much you win or lose. Try to spread your fund among several small bets rather than taking the risk of losing everything on one bet.