1.
Get to know your NBA team.
Study
your teams, learn their strengths and weaknesses, know
their home and road records, and evaluate them objectively.
Pay attention to changes in the quality of a team from
one season to the next as players get older and changes
occur in personnel and coaching staffs. Salary caps and
free agency make it more difficult for teams to stay at
the top for long periods, so major improvement or decline
from season to season is commonplace in professional sports.
2.
Value betting - find low risk high reward action.
Successful basketball gambling requires getting value
on your bets ... basically this means getting better
than the "true" odds on your team. For instance,
if your objective prediction for a game suggests that
the Lakers should be receiving 5 points but are in fact
receiving 8, then this is a value betting proposition.
In this case, the risk to reward is very much in your
favor, making the Lakers a strong play.
3. Bet
against public opinion.
Certain teams always have a strong public following.
For years, the Chicago Bulls were onc such team, having
captured the public's admiration during the Jordan years.
High-value bets can often be found by betting against
these teams because the oddsmakers adjust the line to
reflect the expected amount of public money ... thus,
the underdog is often listed with better odds or a larger
pointspread than they realistically deserve.
4.
Stay abreast of injuries.
Watch the injuries, but don't overreact to them. Judge
the importance of an injured player and the quality
of his back up. Remember that second-string players
are often highly qualified and are especially motivated
when replacing a starter, so it often pays to bet on
a team missing its best player. The public normally
overreacts to injuries so you may find good value in
this situation. However, beware of situations where
there is more than one injured stud or there is an injury
to the team's captain or inspirational leader.
5.
Bet on motivated teams.
Sometimes a team doesn't play up to its potential and,
at other times, may play well above what is indicated
by their overall record - especially in critical games.
Determine how important a game is to a team. If the
team has already clinched a playoff spot, they may be
more focused on the post-season than the present game.
Conversely, a team facing a must-win situation to make
the playoffs may be highly motivated. A team out to
revenge a defeat earlier in the season may also be very
motivated.
6.
Bet with your head, not your heart.
Make an honest assessment of a team's chances, not one
based on emotions. Don't bet on a team simply because
it's your favorite without considering the real odds.
Be selective and remember that you will only find value
betting situations in a small number of games. Betting
the entire NBA schedule every week is a risky proposition
at best.
7.
Don't chase your losses.
When you do run into the inevitable losing streak, don't
panic and make the common mistake of betting larger
amounts in an attempt to recoup your losses. Instead,
examine your handicapping methods and reduce your betting
amounts until you start winning again. Remember - chasing
your losses is the single biggest mistake a gambler
can make. Once you start winning again, increase your
bets slightly, but don't go overboard - unfortunately,
like losing streaks, winning streaks also come to an
end.
8.
Don't bet just for the sake of betting.
There is no shame in passing up a bet. Remember that
there are sports betting opportunities almost every
day of the year. Don't bet simply for the sake of gambling
- be patient and wait for good value betting opportunites.
9.
Practice smart money management.
Good money management is just as important as picking
winners. Increase your betting amount only when showing
an overall profit and reduce your betting amount when
you are losing. Try to set a maximum percentage of your
betting capital that will be placed on any one bet in
order to minimize your exposure ... many professional
handicappers suggest that no more than five percent
of your wagering capital be at risk on any one bet,
no matter how strongly you feel about the game.
10.
Keep accurate records.
Accurate records of your wagering activity are essential
for increasing your winning percentage. For example,
do you tend to bet your home team or your favorite team
more than you should? What are the current trends -
are more underdogs winning early in the season? By maintaining
records of statistics as well as your betting history
will help you to avoid destructive wagering patterns
and, at the same time will enable you to spot trends
that may give you an edge.
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