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  • April 16, 2024

How to become a better bettor



Betting can be a fun and exciting way of adding some extra spice to a big game. But for those looking to take their betting to the next level, either as a hobby or as a way of attempting to make some extra money there are a couple of things to take into account.  

The allure of being a professional bettor can be very strong. However, the way that the professionals bet and how someone who just places a couple of dollars on their favourite team could not be bigger. These two bettors will look at the nfl week 13 odds in completely different ways and will most likely not bet in the same manner.  Before we get into some of the concrete tips it’s very important to stress that one needs to be careful to avoid unhealthy gambling practices to avoid putting unnecessary strain on one’s personal finances.

Start slow

If you’re trying to start betting in a serious manner while building up towards profitability, it's very important to start off small, for example, with free predictions. It will take time to develop your strategy and during this time, you will most likely lose a whole lot of bets. By not risking too much at a time you can make sure you build up towards a profitable strategy. 

Stats

Keeping stats on your performance is absolutely paramount to success. By putting up excel sheets and filling it up with information about every bet you can make sure that you get data that you’re able to analyze and then implement into your strategy. This might seem somewhat futile after a while, but by keeping it up for a long period of time will allow you get invaluable information that will no doubt make you a better 

Risk/reward

Learning to handle and analyze risk vs reward is an incredibly important thing to do. Being able to manage bets from this perspective is absolutely vital to success. This will also tie into how much you wager on an individual bet. This is something that every serious bettor has their own theory on, and developing your own views on risk vs reward will be incredibly important to your success. Remember, one of the key things to do while trying to remain profitable is to avoid losing money. Therefore it’s often better to wait until a good opportunity appears, instead of trying to force a bet to happen.