Four Sports Betting Principles

Bankroll.

Bankroll is the amount of your hard earned cash you're willing to put on the line each week for the exhilarating sport, if you can call it that, like sports betting. You can't start withdrawing savings funds just for sports betting now right? The least you can do is set aside cash for your sport.

Oh yeah, it should also be cash that you have available before you make any moronic wagers because if you don't follow this simple rule, you'll be in a heap of trouble.

A classic example of which is a man I knew, let's call him Mr. Stew Pheed shall we? Mr. Stew Pheed has $13 left in his wallet from all the hamburgers he stuffed his stomach for most of the day. Yet he bets $100 a game, figuring a few wins will cover the bets he intends to make later on in the week.

Mr. Stew Pheed is stupid. Don't wager money you don't have, don't discount bankroll either.

Knowledge of the game.

Obviously, you need to have a considerable knowledge of the game before you can put your money where your mouth is. Having knowledge of the game doesn't necessarily mean that you have to know what each player in the Eastern Conference asked for in their 8th birthday.

Knowledge of the game just demands for match-ups and the current team trends in order for you to come up with a winning proposition and finally stop you from making more moronic props.

Money Management.

Now this is self-explanatory. Money management is what you bet after a win and what you bet after a loss. That's that.

Discipline.

Guts, brains, logic, an intelligent approach; you name something hard to do and discipline is what is lacking. You have to control yourself from putting wagers on all of the games scheduled on ESPN. Control what you can control. It will not only save you money but also turn you into one successful sports bettor.