Sports betting is a marathon, not a sprint. Unfortunately, many bettors forget that point, which really hurts you if you don’t see the bigger picture.

Gamblers typically don’t like small wins and they would much rather home runs. Unfortunately, in the world of investing, which in a sense is what all professional bettors are doing (unless you are just in the game for entertainment), you have to be patient and appreciate moderate growth.

When it comes to sports betting, there is no such thing as a lock, which means you shouldn’t be betting your whole account on any event.

A good strategy is to limit your bet amounts to just 10% of your total bankroll. When you take all of your eggs out of the basket and split them up into separate portions, you’ll never be in a position where you lose everything in one shot.

If you like certain games more than others, then you bet two or three units on the game (20% or 30% of your account) but even in those situations, you are taking calculated risks opposed to just swinging for the fences.

Whatever your strategy is, make sure you have a system in place where you manage your money and manage your bet amounts. One of the easiest ways to lose in betting is to bet different amounts on different games and stay very disorganized. If you can stay organized and manage your money, you will have one edge that most bettors don’t bother with.