Are you a first time online sports bettor? Are you looking to get some money on a few games each week? Are you worried a local bookmaker or bookie will run away with your money? Is it safe to bet on sports online? All these are valid questions when it comes to betting on sports online.
If you stick with the bigger sportsbooks you have nothing to worry about when it comes to placing wagers on NBA, NCAA, or NFL games.
You can rest easy knowing your money is safe and secure and that you will get paid on time each and every time. You cannot say the same thing about a bookie.
So now that we got that out of the way, let’s talk about how you could bet $100 on basketball or football games.
With proper bankroll management you can be sure you will never go broke and not have to reload your account unless you want to take advantage of reload deposit bonuses the online sportsbooks occasionally offer.
You only want to bet a small percentage of your total online bankroll on a game. It’s not smart to bet it all on the outcome or score of one game. The underdog could get extremely lucky and get a lucky bounce and you lose your entire bankroll.
You want to keep your risk to a minimum as much as possible. By only betting 1-10% of your bankroll on a game, total, or side, you can be sure to stay in action through the entire season.
So on a typical college football weekend, if all top 25 teams play, you could make bets on up to 10 games and you would have to be right on at least 6 of them to show a profit for the weekend.
Continuing on with this hypothetical example, the next weekend your bankroll would be around $120, depending on the juice or vig, and you could bet $12 on 10 games. This time you would need to be right 6 times again and if you are you would have a $144 bankroll.
This is only an example and your results will vary. Most sharp bettors do not bet on that many games in a weekend. There is too much data and teams to keep up with for that many bets. There may not be that much value on 10 games. You should start with 3-5 games that you really like sbobet and work your way up from there.
By placing smaller bets or gambles you are reducing your risk of going broke and having to deposit more money into your online sportsbook account.
You do not need to bet a lot of money to add a little more excitement in each game. By playing it smart, you take smart risks and increase your chances of winning money over the long term.