Ultimately, it takes time and a specific set of skills to make consistent money from sports betting. However, if you’re disciplined and responsible with your bankroll (not betting more than you can afford to lose), experiment with your strategy, seek advice from respected and successful sports bettors, and take the right steps you should be able to improve your odds of making money in the long run.
Odds indicate the likelihood of a particular outcome occurring, and are used by oddsmakers to balance action across teams. They will move lines toward or away from popular bets to protect themselves against huge losses. When betting lines are moving, it’s a good idea to follow them as they change. This is especially true for over/under betting, as the odds will shift based on how the public is positioned to wager.
Sportsbet offers a great range of betting markets, including all the classics like singles and multis, as well as all the usual exotics. It was also the first Australian bookmaker to offer Same Game/Race multis, which are now a staple feature at many other betting sites.
Always research a sportsbook before placing your bets. This includes reading independent/nonpartisan reviews from reputable sources and checking whether the site treats customers fairly, has adequate security measures, and pays out winning bets promptly. It’s also a good idea to avoid betting on a team that you are an emotional fan of. Betting with your heart instead of your head will lead to bad decisions and lost money.