The real difference between a losing and a winning sports bettor is not always having more winners instead of losers. In fact when you are dealing with sports betting you need to understand and apply solid money management.

I think you realized that every time you looked for sports betting tips, the first thing you noticed was money management. That proves how important this really is.
The first thing a beginner should do in money management is by setting a limit to the betting budget. The second thing is do a flat betting. Before that, it is important to note that betting all the money in one game is pretty much a suicide. By doing this, you are more likely to chase your losses.

Doing Flat betting is advised because this ensures your winning when you pick more winners than losers. Let's journey to an example to explain it more detail.

In the first game, you think Team A is going to win the game so you bet $300 to win $285. You decide to bet on two more games but you do not fell as confident on Team B and C, so you bet $150 to win $135 on both. You end up winning two out of three, but it is the two games where you placed smaller bets. You have risked $600 on those three games although you won two out of three, you ended up with only $570, so you have lost $30 overall.

What if you bet all three games with the same amount of money? You could have made a profit. Unless you stick to flat betting, you are not guaranteed a profit even if you pick more winners than losers.

Does that make sense? Gambling might not be as easy as you think, if you really bet in order to win not just for fun, money management is not to be left out. When you are doing it for fun, losing or winning does not seem to be so important.

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