The importance of having a game plan Tuesday, Jun 1 2010
Online Sports Betting and Online Sportsbooks 12:17 pm
Most people when signing up with a sports book in order to place a wager, do so after having drawn up a proper game plan. They simply sign up, make the required deposit and place the bet(s) of their choice. Through this way of betting the player sets themselves up for a whole range of problems they could encounter, not considering the fact that without proper research and strategy they are betting whilst giving away the advantage to the sports book.
Creating a game plan before actually signing up is vital in order to bet intelligently and without problems. Before signing up, set yourself a goal which is doable. After determining this goal, have a look at the sports book you plan on placing the wager(s) at. How easy is it to make a deposit, and more important, how easy is it to get money out again? This is a factor most players tend to forget, only to find themselves wasting time trying to get their wins out of the account and in to their bank account.
Research matters, like what is the maximum limit of an account at that particular sports book, is it suitable for the goal you have set for yourself? If the answer to this is yes, it is time to move on to the next part of our game plan.
While betting we do not want to keep depositing, only to be forced to place last minute bets, because it took so long for the money to be transferred into the account. For that reason, it is best to place one initial deposit covering the money we plan on wagering in total. Once winnings come in, do not take it all out again, but limit yourself to a percentage, like 25% on a weekly basis. This way there will always be sufficient money in your account, without the need for making deposits, while you still have money going to your bank account each week.
What works for me is to set a fixed day to withdraw my winnings every week. That way I don’t forget to withdraw my money, but it also forces me to look at my account and go over the bets once more.
Placing the bets is another matter, do your research first, pick the game apart, follow the money line, and when the time is right, place the bet. Thanks to our game plan we have this luxury as we do not have to wait for deposits to arrive, and thanks to the research we are not giving away our advantage to the sports book, which increases our chances of winning.
Finally, keep track of your past wagers and the results. Personally I keep a log of all my previous bets and from that I can observe patterns that assist me in planning my future bets, and more importantly, it keeps me from repeating mistakes.
All of the above combined make up a well crafted game plan, which is solid, realistic and will increase your chances at winning and ensures you will not encounter any problems while betting on your favorite sports.
M.A.H.