Here are a couple of online betting tips that can help you make a winning in 2020. Track all of your bets. Even if you are using a spreadsheet or an app like the action-network or betsports, if you are tracking all of your bets you will be able to learn the games that brought you profit and where did it happen exactly. You will be amazed to see how much better you will get when you’ll learn where you were profitable and where you were not. You need to have multiple accounts at multiple sportsbooks. You can not keep playing at a sportsbook just because you like it.
You have to go over a couple of them in order to find the best line, if you are seriously into making profit. Try reducing risk when possible. Try betting on -1 if your sportsbook has a -1 so you can allow for the bet to push. If the team only wins by 1 goal you are still pushing instead of losing. Bankroll management. You need to watch you bankroll or else you might easily get broke if you bet 50%-60% of your bankroll on a bet. Don’t go with any more than 5%. Don’t go and throw your money in the casino. Often after winning some money on sports, people tend to go into the casino and throw some money on blackjack or poker and 80% the time people lose.
You will hate yourself for doing it after winning at sports. Trust the numbers. You will make a lot of money betting on underdogs if they win like 30%-40% of the time. It is imperative that you’re betting the numbers and not the teams. Don’t be afraid to pass on a bet. If the numbers might not seem right for you, if the spread changes and there is no value there you can make a pass on it. Don’t chase a bet that has no value just because you want to be part of the action because you will lose money in the long run. So never be afraid to pass on a bet if it doesn’t make sense.
Always learn from those with experience. Spend some time listening to podcasts or interacting on tweeter and really try to understand people that have been doing this for some time. Try and soak up that knowledge if they have been in the game for some time. Maximize value if you know you have an edge. It doesn’t make sense to bet the same value on a bet that has 2% edge comparing to one that has a bigger edge. Don’t blindly tell others. If someone comes telling you that you should bet on that or that always try to understand how they came to that conclusion.