Online betting is no doubt one of the best ways to make some extra cash. And football season is one of the best times to bet on sports. Why? You can find plenty of opportunities for winning.
In this article, we’re going to give you some tips and tricks that will help you make the most of online betting.
So without further ado, let’s take a look at some seriously helpful NFL online betting tips and tricks!
1. Start small (betting $5 per game)
When you start betting on sports, it’s easy to get carried away and go broke. It feels like every bet and every win is going to be the one that makes you rich.
But guess what? You’re not going to become a millionaire overnight just by betting $5 per game! If anything, it’s actually the other way around… if you bet $5 per game, it means that you can afford to lose 20 games without losing any money (and even if you lose 100 games, your bankroll is still safe).
So what does this mean? It means that instead of betting on big games and big bets, start small. Bet $5 per game and only bet on games that you’re sure about. It’s a lot harder to lose your bankroll (and patience) this way, and after some time you’ll be able to increase the size of your bets without losing your shirt.
2. Do research, but don’t bet based on hype alone
Every season there are teams that are all the rage, and the casual bettors lap these up without thinking twice. And why not? If half of America is betting on a team, they must be good! Right?
Wrong. Unfortunately, this kind of thinking leads to losing bets more often than it leads to winning ones. Remember – what’s popular isn’t always what’s good, and this especially applies to NFL online betting.
Don’t get us wrong, you should absolutely do your research when it comes to betting on sports. There are plenty of resources where you can learn about the different teams in the league, their strengths, and weaknesses, etc. But don’t bet solely based on hype alone.
3. Never put all your eggs in one basket
While we’re on the subject of not betting based solely on hype, let’s take a look at another mistake that many bettors make: putting all their eggs in one basket.
This means that instead of making several bets and spreading out your risk, you’re putting everything on one bet and crossing your fingers. It’s the popular strategy of “going all in” on one bet.
And while this may work sometimes (and you might get lucky), it’s not a good long-term strategy for making money from bet365 football betting. You need to create a balanced portfolio if you want to make some serious cash, and this goes for NFL online betting as well.
4. Don’t always bet the same amount
Another popular betting strategy is betting the same amount for every bet. And while it might work in the short term, there’s a reason why so many people lose money when they use this strategy – over time, you’re going to have losing bets more often than winnings ones.
And even if you do win, your earnings are going to be small, after all – you’re betting the same amount every time!
So what’s the solution? Instead of betting a flat amount for each bet, change your bets based on a number of factors. For example:
Bet more money when you have free bets to spare
Bet less when you need to make a small profit from your bets
At the end of the day, it’s not about how much money you win or lose from one bet – it’s about whether or not you’re making money overall. And if you’re only betting the same amount every time, then chances are that you’re losing money overall.
5. Avoid betting on the NFL playoffs and Super Bowl only (well, mostly) if you’re a novice bettor
What’s worse than people who bet on sports without doing their research? People who only bet on the NFL playoffs and the Super bowl because they think it will get them rich! And while this might work for some people, it’s a losing strategy… usually.
It seems simple enough: just bet on the Super Bowl and win $50! You don’t even have to do your research or anything – just pick any team that’s playing in the big game and bet on them!
While betting on the Super Bowl might seem like a fool-proof plan, it’s not. In fact, this is one of the worst ways to bet in the NFL online gambling industry.
The truth is that if you’re a novice bettor and you’ve never placed a bet in your life before, then betting on games during the season or football online betting more generally is a much better way to go. This won’t get you rich, of course – but it’s great practice for the sports gambling industry!