Online Sports Betting - 5 Books Can Change Your Life
Sports betting, as you may already know, is a skill that you can only learn by doing it. However, reading about sports and sports betting can also help you a lot in many areas, such as finding the new strategies, knowing about the team and players, and more. This is why there are many books written exclusively on this topic. If you are looking for a good sports betting book to refine your skills, here are some of the best ones along with the lessons I have learned from them.
Control your bankroll
Book: Fixed Odds Sports Betting by Joseph Buchdahl
One of the most basic rules you can learn about sports betting (and about life) is to stay in the game. Instead of busting out as soon as you start losing (or winning), you should maintain your pace in the game. Another thing you should learn to manage properly is your bankroll. Do not overtake your bets.
Keep on going with whatever you are betting on whichever game. If you are losing a bet or not feeling confident about it, you should be willing to lower your stakes. Also, you should know when it is time to leave the game. For example, if you have managed to win enough rounds, you should definitely leave with the cash instead of continuing to bet, otherwise, you will eventually lose everything you’ve won.
There is no fixed winning strategy
Books: Sports Trading on Betfair by Wayne Bailey and Betting to Win by Leighton Vaughan Williams
The strategy that helped you win today might not work again. There is no such thing as an evergreen sports betting technique. Even if you manage to come up with a new strategy, someone will eventually learn it and start using it.
So to win more of your bets, you should be able to learn new betting styles on regular basis. When you have more and different betting strategies which you keep changing, your competitors won’t be easily able to figure out your game and you’ll always have an edge.
This lesson is also important for the reason that you can never be sure that the sports betting tipster you are following today will also be beneficial for you tomorrow.
Enjoy the game
Books: Sports Trading on Betfair by Wayne Bailey and Enemy Number One by Patrick Veitch
The best sports betting lesson of all is that you should enjoy the sport on which you are betting, no matter what. It is believed that you cannot make a successful career out of sports betting if you are not fond of the games you are betting on. This is important for two reasons.
First, if you don’t like the sport now, you’ll eventually get bored of it. And you can’t keep betting on a sport that no longer interests you. The more you enjoy the game, the more you’ll be interested in learning more about it. Second, you cannot properly bet on a sport about which you know nothing.
In order to be able to learn about the sport, you should be genuinely interested in it. The more you know about the game, the more edge you’ll have in sports betting. For instance, if you like football and have been watching it for many years, there is a good chance that you know a good deal about the game and can do well in football betting.
Keep a track of your betting
Book: Sports Trading on Betfair by Wayne Bailey
The more data you have, the better decisions you’ll be able to make. In addition to doing proper research for each of your sports bet, you should keep a detailed track of all of your betting activities. This may include the important betting areas, such as the teams, players, odds, field, bets, betting markets, etc. You should also keep a record of things like how much you are betting on which team/sport for how long and how much you made from which bet.
All this data will help you make a calculated decision when you are ready to make your next bet. Also, it will help you find trends in your betting and figure out which strategies are working more than the others. It will also help you figure out what you’ve been doing wrong so far, which stakes you should increase and which ones you should decrease, and so on.
Think of your sports betting activity same as running a business which would become unhealthy if you do not keep a track of your money flow.
Never stop learning
Book: Mathletics by Wayne L. Winston
There is no such thing as too much knowledge. If you are genuinely interested in sports betting, you should never stop learning new things about it. The more you know about it, the better bets you’ll be able to make. Sports betting is a continuously evolving industry with the betting markets moving constantly. You’ll eventually run out of ideas for new bets if you do not keep yourself updated with the latest trends and techniques. The best way to learn more is to read more sports books, news, and blogs. Here are some other things you can try on a regular basis to enhance your betting skills.
- Learn and try out new strategies
- Read more about sports betting
- Track more of your bets
- Compare the odds offered by different online sportsbook sites before you bet.
- Be excited about sports in general
- Bet only with reliable online sports betting sites
To conclude, I’d just say that you can get better at sports betting by learning and practicing equally. Even if you are just starting in this field, you can still manage to make good bets if you know your game.