Betting On Sport For Beginners – How to do it

Betting Sports

Betting on your favourite sporting events can be fun if you know what you are doing. I am going to give the beginner punters some advice that I have learned from betting for several years.

My sport of choice is football. Like many others I like watching the premiership or as it is called now the Barclays Premier League. My favoured Blackburn Rovers have been struggling to avoid the bottom of the table all year long. Of course they have to get out of the bottom 3 to avoid relegation at the end of the season. In a league dominated by the Manchester clubs, betting on the fixtures can give you something to cheer for.

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It’s going to be very difficult for the majority of the teams to chase down the top 4 in the table; but Chelsea has been struggling of late. There is a large group of teams in the middle of the pack between 30 and 25 points, but Arsenal, Newcastle United and Liverpool have the best chance of running them down.

Online Sports Betting

When it comes to betting on sport online, the first thing you need to know about and have is a bankroll. This is the money that you need to have in reserve in case your bets don’t pay off. Managing a bankroll is relatively easy. The trick is keeping your composure when you find yourself in a bit of a losing streak.

Here are the rules that I always following when I am betting:

Determine how much you are going to keep in your bankroll. Let’s say that this is £1000 to make the calculation simple. Keep your typical bet under 5% of your total bankroll. That means you should not be making bets larger than £50. If you are betting against long odds (like betting on Wigan to win against Tottenham Hotspur), don’t bet more than 1% of your total bankroll. If you lose more than 15% of you total bankroll over a day or two, don’t place anymore wagers for a week or so. Until you are very comfortable betting on sport, don’t wager on any unique bets like Total Corners or Total Yellow Cards for example. Stick with the common football bets.

These rules sound very easy, but sticking to them can be quite difficult.

You can kind of tell that I prefer Bet365 and William Hill for betting on sport if you look around this website. That is because I like the In-Play betting combined with the live video during the matches that I can watch from my computer.

Some of the In-Play bets that I like to make are the Fulltime Result and the Next Goal as well as the Over/Under match goals. The odds on these bets will change as time progresses in the match. I also like to place a bet on a particular Forward to score a goal in the match. I usually place a small wager on Yakubu to score for Blackburn, but I’m sure you have your favourite strikers as well.