While the obvious choice for starting out on sports betting would be to bet on a sport or sports that you know about, some people may decide that a sport that they know nothing about actually piques their interest. However, the problem is that betting on a sport where you know nothing about can be extremely dangerous and a sure-fire way to lose money. You’re probably wondering – how can I bet on sports that I know nothing about? In this article, we’ll provide you with some strategies on how to do this, and do it well.
#1 – Do Your Research
If you’re prepared to conduct research, even on a sport that you currently know nothing about, you’ll eventually become more educated and make better betting decisions. This is a cycle – the more you know, the more likely you’ll be to make good predictions, and the better your predictions, the more money you’re likely to make. In order to do this, you should dedicate some time each day to watch and follow the sport, whether it’d be reading about analysis or watching games and listening to the commentators.
#2 – Be Patient And Don’t Jump Right In
Now that you’ve done your research, be wary of jumping straight in and placing numerous bets. The more knowledgeable you are about a sport, the larger your advantage against a sportsbook. It’s important to be patient and follow ongoing developments within the sports betting industry and the sport(s) that you’re looking to bet on. If you’re patient, you’ll be able to take in information and learn new things without having to place money on the table for these valuable lessons.
#3 – Use Play Money To Start Off
While using play money to start off may seem like a strategy for the extremely weak and conservative, the truth is that there’s a lot to take in, not just with analyzing information on which teams to bet on but also the process of placing bets. You must familiarize yourself with the sportsbook that you’re using. If you accidentally place the wrong bet with real money and are not able to cash out, you’d better hope that the event that you’ve bet on ends up being a winner. Start off easy by using play money to learn the ropes of how to place bets and once you’re comfortable with the betting environment, starting using real money to do so.
#4 – Take Advantage Of Sign-Up Bonuses
At this stage, you’ve already done your research and have been patient with playing with real money. Nowadays, most online sportsbooks offer generous sign-up bonuses, often up to 100% of your initial deposit amount (up to $200 or even more on other sportsbooks). This is a great way for you to essentially get some free money that you can bet with. While bonus rules will apply, having some extra money to start won’t hurt you in any way. You just need to stay disciplined and have the mindset that although you’ve just received free money to bet with, you should still take advantage of this and look at it as if this is money that you’ve deposited rather than having received it for free. In this way, you’ll be much less prone to making reckless bets and not caring whether you’ve won or lost when betting with this money.