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Muscle Sport Magazine

Practical Sports and Casino Betting Strategies You Should Try

Bill Menzel

Betting on sports of gambling at an online casino can be challenging, but there are many punters who win consistently, and there are many professional gamblers who make a living off gambling. In this guide, we are going to discuss the best and most effective sports betting and casino strategies that will increase your chances of winning. Let’s start with basic strategies before moving to advanced strategies.

Bankroll management

When betting on sports or casino games, you need to set aside some money, which is known as your “bankroll.” This is the amount you can afford to lose. You should never bet or gamble with all your money. Set aside a small amount of money (not necessary small as it depends on you) that you can use to bet for a day, week, or month. The general rule of thumb for money management is to only bet with 1% to 5% of your bankroll. For instance, if your bankroll for the English Premier League season was $500, you should only make $5 to $25 bets on any EPL game you bet on.

It is also important that you avoid chasing your loses by placing bigger bets. This will only lead to further losses at the end of the day.

Bet while sober and avoid going on tilt

This might seem like common sense but you would be surprised at how many people bet under the influence of alcohol and drugs. Is it a coincidence that many casinos in Las Vegas offer free alcoholic drinks? Betting under the influence will definitely impair your judgment. You should avoid this completely if you want to increase your chances of winning.

Another point is you should avoid going on tilt. The term “tilting” is widely used among poker players and it means letting your emotions get the better of you. If you are upset or angry because of bad results, you shouldn’t resort to playing more bets. Instead, take a walk to clear your mind.

Do your research

You should always do your homework before placing any bet. It might be tempting to choose your favorite team, but this will only result in losses at the end of the day. If you want to make a profit from sports betting, you need to look at statistics and do your research for each pick. You need to analyze past games, find trends, and creating betting systems that will increase your chances of winning. You should do everything possible to make sure that your pick has value.

Shopping for lines

One of the key steps toward becoming a successful bettor is shopping for the best lines. This basically means having accounts at different sportsbooks. So, before you place a bet in a certain outcome or team, check out the different sportsbooks for the best lines. For instance, if you want to bet on New England Patriots on a 5 point spread, consider checking out a number of sportsbooks to see if you can find one offering the Patriots at 5.5 points. With this strategy, you can win a lot of money in the long run. Line shopping is one of the best strategies you can use to win more money.

Bet on the home underdogs

According to this theory, teams playing at home are usually more motivated and inspired to do better. But still, you need to do your research to see if the home underdog has a track record of winning at home. It is also important that you bet at the right time.

Don’t buy points

Avoid the temptation of buying underdogs up or favorites down. For instance, some bettors may buy an NFL of -2.5 down to -1.5. What you don’t know is that sportsbooks are clever enough to charge more for this, making it the worst strategy mathematically. The same applies when you buy an NFL underdog from +1.5 to +2.5, for example.

Take advantage of bonuses and rewards

You should always use bonus offers, rewards, and other offers. Free money usually lowers the house edge; therefore, never play without using that bonus offer. It increases your chances of winning.

Avoid progressive betting

You will find so much information online about progressive betting systems like Fibonacci, D’Alembert, and Martingale. It is recommended to avoid using a progressive betting system that requires larger wagers after losing rolls/spins/hands. Although such bets may win small amounts of money in the short term, you risk depleting your bankroll.

Folding in Poker

Learning how to fold in games like Three-Card Poker, Let it Ride, and Texas Hold’em is important. Poker players are smart. It’s normal to raise the bet or make a call; however, some of the best hands you will play are the ones you choose to fold. Bluffing is marginal in online poker; therefore, you need to learn when to call and when not to.

Only play Tournaments

This is a pretty common strategy. At some points, nearly all basic strategy pundits advice you to play only in tournaments, and that’s because if you pay an upfront flat fee and proceed to win the tournament, the prize could be more than the buy-in fee. Slot game tournaments can also be rewarding for players who take the first, second and third place.

Actually, what makes tournaments interesting is that it allows you to plan ahead for the buy-in. As a result, your gambling is reduced to a predictable wager. You may want to play more than what the tournament limits, but you should only play tournaments. By joining tournaments, you are able to gamble on two levels and the risk that comes with it may make the tournament a more satisfying experience.

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