Betting on sports games is a hobby for many, and most people just consider it to be a fun and friendly past time. But there are ways to consistently make money on sports betting, and the tricks are understanding betting strategy and the different types of bets you can make, understanding the odds, making smart bets, and walking away from bad bets. It’s also important to remember that making money on sports betting is something that requires time and dedication: it’s not about making a single huge bet and winning lots of money in one shot. Instead, it’s all about making a series of small, smart bets that add up over the season to an overall gain at https://extrabetting.net/.

Getting Started

Open a specific bank account

To really make money on sports betting, you have to be dedicated, so it’s a good idea to have a special account that’s only for placing bets.

When you open this account, be sure you invest enough money to cover your bankroll for an entire season or year, not just a single game.
To ensure you have enough money, multiply your base bet by at least 100, and that’s the minimum amount you should keep in this account at all times.
If you're new to |sports betting and don’t know your base bet, put in whatever money you have set aside for this venture and determine your base bet on the size of your bankroll (each bet should represent one to two percent).

In order to place bets, you have to have an account with at least one sportsbook, though it’s ideal to have at least three, because then you can compare offerings and place smarter bets. Some sportsbooks also offer signup bonuses, so be sure to shop around.[2]Most sportsbooks are available online these days, and some of the more popular sites include:

Bookmaker
Bovada
Betonline

There are a number of rules that apply to this, and while some are about the numbers, others are about which teams you should and shouldn’t bet on.

For instance, while each bet should represent about one to two percent of your bankroll, you can reduce this to 0.5 percent if you aren't confident about a bet. Similarly, you can increase the bet if you're very confident, but never place a bet that exceeds four percent of your bankroll.
There are also some experts who say never to place a bet if you aren't confident, because it’s better to walk away and find a better bet that you feel good about.
Many experts recommend not betting on your home team in any sport, because your bias can cloud your judgement, and this can lead to great losses.^XR

^{Create a betting schedule}

^{Don’t just bet on every game: every week, look at the upcoming games and pick the ones you want to bet on based on your confidence in the potential bet.}

Don’t be afraid to walk away from a bet right before the game. Odds change, lines change, and point spreads change, and if you're no longer confident about a bet, either don’t make it or reduce the bet.

This refers to the practice of trying to recoup losses from a previous bet with more betting. It’s dangerous to do this because many people will set aside good judgement and place more bad bets in an attempt to win back what was lost, and this results in further losses.

The opposite is also true: don’t chase a good bet (one where you won) with more bets in an attempt to win more or double your money. Have a betting schedule or routine and stick to it.

This refers to betting with a clear mind and focus. Many people will read this and think it is common sense but you would be surprised how many people break this rule. Emotions can get the best of all of us, and bad decisions can be made from those emotions.

"Going on Tilt" was a term developed when sports bettors let their emotions cloud their best resulting in losing their bankroll.

How to Win at Sport Betting

Getting Started

Open a specific bank account

Create accounts with a few sportsbooks

Learn to make smart bets

Create a betting schedule

Don’t chase bad bets

Bet sober

^{Create a betting schedule}