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Money Management - This is with no doubt the most critical facet of betting sports and possibly the most neglected. The very first key to proper money management is to be sure not to bet more than you may afford to lose.
Shopping for Numbers - The second most significant facet of betting on sports is shopping for the top number. There will be more discrepancy in the numbers on different sports at different sports books.
Never Gamble While under the Influence - There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling. Because alcohol clouds your judgment and usually helps you to make rash decisions you usually would not otherwise make. To be a successful sports bettor you will need to operate with a clear mind.
Research your options - As a bettor, you've got the benefit from streamlining your research, which is one area the sports books are not at liberty to do. They must keep on top of EVERY sport and EVERY game. The most effective way to win money betting sports is to develop a niche and follow it closely.
Look into the Odds - Some sports books have better odds on parlays and teasers. When you are betting big bucks the difference in odds translate into a huge difference in your payout. All it takes is just a little research of the sports books you usually bet at.
Play Home Dogs - There is probably no better bet in sports than playing an underdog at home. Teams play inspired ball at home. Slim underdogs regularly win outright.
Bet at the correct Time - The sharp bettors have a tendency to bet underdogs, and they tend to bet them early. Squares usually bet later within the made my day (or week, for football) and they tend to pick the favorites. If you like an underdog, it really is best to get your bet in as late as possible, where there is heavy action from squares on favorites.