How to Make Money in Sports Betting

sports betting

The first thing you need to understand about sports betting is that it is not a sprint. You will have days where you do well, and days where you lose money. The key is to not overreact or bet too much at any one time. Instead, use the flat-betting approach, which means that you bet the same amount on each game, risking anywhere from 1% to 5% of your bankroll on each play.

Daily doubles

The idea behind daily doubles in sports betting is to increase your pool size by betting on two races in a single day. It can be very useful if you are uncertain about which horse to back, as you will be able to choose among several horses and reduce your risk of losing one of them. It is also good for betting on races that are unsure about the outcome.

Daily triples

If you’re a big fan of horse racing, you’ve probably heard of the “Daily Double.” This type of bet involves choosing the winners of two consecutive races. You can also try out a “Daily Triple,” which involves selecting the winners of three consecutive races. And if you’re looking for some more exotic bets, there are “Pick Six” bets, which involve choosing the winners of six consecutive races.

Football teasers

Football teasers can be a great way to make money in sports betting. The idea behind a teaser is to bet on a key number in a game. Usually, this will be three, six, or seven points. By understanding how those numbers affect the outcome of a game, you can find a teaser that suits your betting strategy. You should avoid betting on a key number of zero, however, because that will give you too much edge and end up paying for points that don’t matter.

Despite the potential for volatility, football teasers can still be profitable, especially when the odds are right. Underdogs of around -6 points are common for upsets, and a teaser of just one of them can provide a good amount of expected value. In addition, teasers on 1-point underdogs, 7.5-point underdogs, or 8.5-point underdogs can be worthwhile if you apply the basic betting strategy.


If you’re looking to place an over/under bet, there are a few tips to consider. While you’ll need to understand the game’s stats, trends, and analytics to place a winning wager, you can also find value betting on an underdog team. While most bettors will cheer for the over, many games end in a push, and the over/under odds are not based on the regular score.

The oddsmakers use many factors to calculate the over/under value. This includes the offensive and defensive histories of each team, their previous matches, the probable lineups, and the performances of individual players. They also take into account weather conditions if the game is played outdoors.


Sports betting futures are a great way to make money betting on multiple events. Whereas regular betting is based on a single game, futures bets are made on multiple games over the course of an entire season. The closer your future bet is to the actual game’s outcome, the more likely it is to win.

When placed right, futures bets can give you a lot of money without placing a large wager. If you’re a basketball fan, you might want to place a futures bet on who you think will win the NBA finals. Alternatively, you can bet on specific players or teams.