You probably don't know many people...maybe nobody at all...who wins more football bets than they lose. But, everybody knows folks who, if they are honest, admit to losing well over half their wagers.
A few recreational bettors, however, do make money wagering on football. And, it is not superior intelligence that gives them the winning edge.
They are, however, folks likely to have a few guiding rules and the discipline to stick to them. These are the rules I learned from the most successful football bettor I've ever known, a man who paid for five family vacations in a row with his football winnings.
1. Begin each season with a budget. Decide the maximum you will bet on an individual game and the maximum number of games you will bet on each week. If you can't stick to your budget, you shouldn't be gambling. At best, it means you are not a good gambler; at worst it may mean you have a gambling problem.
2. If you really want to win, bet on football as you would invest in stocks. Analyze, consider, and select with care.
3. Don't fall in love with the action and bet a half dozen games or more. Each week, choose a single game or two in which you are confident and stop.
4. Consider trends, but remember that they may not help you much, if at all. Does it really mean a lot that a team has covered the spread for three weeks in a row? Decide which factors are really important and which are largely irrelevant.
5. As you review your results periodically, you may want to change the factors you use to evaluate teams and/or the weight you give them. But, do not increase the limits set in step #1 because you feel "hot" or because you want to make up for prior losses. Either way, it's a bad play.
There are, of course, no guarantees. But, these simple rules, adhered to with intelligence and discipline can give you a big edge as a recreational bettor. Good luck.
About the Author:
Mark Canon is a small stakes bettor who contributes to websites on scholarships, financial aid, online college and online degree programs, online schools, and adult education.
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