There are two kinds of gamblers... those who lie about their losses and those who don't. Very few people who gamble come out ahead.
However, you can sometimes win betting on college basketball if you a both smart and lucky.
Those who do win...that small minority...tend to do it by strictly adhering to six simple rules.
1. Draw up a contract for yourself, in writing, before you begin betting. Included in it should be the maximum amount of money you will bet on any individual game, a limit on the number of games you will bet each week, and a ceiling on the total number of games on which you will place wagers during the season. If you ever find yourself tempted to exceed the limits set in your contract, get help...you may have a gambling problem.
2. If you care about winning, be thoughtful and analytical. Choose a bit as you would choose any other investment.
3. It is far easier to pick a few winners than a lot of winners. Do not bet on a game unless you have done a careful analysis of it, and bet only on contests about which you feel most confident about the result.
4. Do not get too carried away with trends, particularly longterm historical trends. Are statistics from past seasons really important? Decide what data is really relevant.
5. Continue to question and analyze the method by which you select games and winners. Do you tend to select games which interest you instead of games in which choosing a winner might be easier? Too you place too much value on a team's ability to shoot three pointers? Do you tend to favor teams from tough conferences without deeper analysis? What kinds of games have you been more likely to win?
6. If you do not understand how big an advantage the home court is in basketball, do some research. Playing at home offers a bigger advantage in college basketball than it does in any major sport.
The reality is, you may very well be able to win bets against your friends if you follow the guidelines above. And, even if you lose a little every season, you can have a lot of fun. Just don't think you can win betting against the pros. Small wagers can make watching a great game even more fun, large wagers are for fools. - 16928
However, you can sometimes win betting on college basketball if you a both smart and lucky.
Those who do win...that small minority...tend to do it by strictly adhering to six simple rules.
1. Draw up a contract for yourself, in writing, before you begin betting. Included in it should be the maximum amount of money you will bet on any individual game, a limit on the number of games you will bet each week, and a ceiling on the total number of games on which you will place wagers during the season. If you ever find yourself tempted to exceed the limits set in your contract, get help...you may have a gambling problem.
2. If you care about winning, be thoughtful and analytical. Choose a bit as you would choose any other investment.
3. It is far easier to pick a few winners than a lot of winners. Do not bet on a game unless you have done a careful analysis of it, and bet only on contests about which you feel most confident about the result.
4. Do not get too carried away with trends, particularly longterm historical trends. Are statistics from past seasons really important? Decide what data is really relevant.
5. Continue to question and analyze the method by which you select games and winners. Do you tend to select games which interest you instead of games in which choosing a winner might be easier? Too you place too much value on a team's ability to shoot three pointers? Do you tend to favor teams from tough conferences without deeper analysis? What kinds of games have you been more likely to win?
6. If you do not understand how big an advantage the home court is in basketball, do some research. Playing at home offers a bigger advantage in college basketball than it does in any major sport.
The reality is, you may very well be able to win bets against your friends if you follow the guidelines above. And, even if you lose a little every season, you can have a lot of fun. Just don't think you can win betting against the pros. Small wagers can make watching a great game even more fun, large wagers are for fools. - 16928
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