I love sports. I have been a sports fan since I was little kid. I been betting on sports since my late teenage years. I didn't take betting on sports seriously until a few years ago. I treated sports betting like entertainment in the past. Now I treat sports betting like a business and since I took that approach I have been consistently successful. I know you can generated a income betting on sports, but you got to be smart. You have to be willing to grind out the books. You have to be very disciplined in your approach.
#1 Limit your bets
This is the most important tip. You have to limit the amount bets you make per day. I recommend no more than 3 bets per day. I recommend risking 6-8 units per day. I personally bet 18 – 20 bets per week. I usually don't place any bets on Friday. If you have a bad day and go 0-3, it's better than going 0-7 or 2-10. I can bounce back from a 0-3 day. Limit your bets and you will grind out the books.
#2 Manage your bankroll correctly
You have to be very disciplined in managing your bankroll. I recommend betting 1-2 percent of your bankroll on each bet. Even on events like the Superbowl, NBA Championship, or World Series. Only bet 1-2 percent of your bankroll. If you want to make a income betting on sports you will be very disciplined with your bankroll.
#3 Know the sport you are betting on
You have to have a knowledge of the sport you are betting on. You have to understand the line that is on the game. You have to put in some time to research the game you are betting. Don't just bet on your favorite team. You have to find the best value out there and place the bet.
Hope these tips help you in your journey to generate income betting on sports. Follow these tips and you will grind out the books. Just remember a win rate of 55% makes you money. Win rate of 58% makes you a lot of money. A win rate of 60% can make you rich.
