Do not bet what you can't afford to lose - This really is generally known as the golden rule of sports betting and is something you absolutely don't want to do because you certainly will hit a cold streak at some point and lose all of your rent money.

Use proper bankroll management - It is crucial to use proper bankroll management because betting sports can be very streaky. Even professional bettors can lose 9 or 10 games in a row and if you are betting too much per game you go bust. Think of your bankroll like your child and do what ever it is important to protect it.

Don't bet too many games - You know when Sunday comes and there is 15 NFL games you should not have to bet them all, you only want to bet the games you've got an edge on and most successful bettors will only be able to find 2 or 3 games that they have an edge on.

Line Shopping - This is something that takes almost no effort and it makes an enormous difference. If you like the Packers and most sports books have them listed as a -7 favourite but one sports book has them listed at just -6.5 you could be crazy not to bet the -6.5. By the end of the season it shall probably make the difference from being a winner or loser. Every sports bettor should have at least 3-5 outs.

Bet with your head not your heart - Most of the people love betting their favourite teams given that they have an obvious bias towards them and want them to win. Wanting a team to win will be different then thinking a team will win. It's best for many bettors to just skip right over games involving their favourite teams given that they can not separate heart from using your head.

Don't bet big parlays - This goes for a whole lot of the exotic type bets like futures, teasers and parlays. 10 or 12 game parlays do not hit routinely, they're 100% gambling and we're not here to gamble if you want to gamble buy a lottery ticket because there is no difference.

Don't bet drunk - There are plenty of things you do not want to do drunk and betting is one of them if you're not 100% in control of your emotions you want to stay very far away from the sports book because just like banging a fat chick you will wake up disappointed.

Do not pay for picks from touts promoting a 70% win rate - If it sounds too good to be true it probably is so if you're going to use going to employ a tout and pay for picks use common sense. Nobody can pick 70% winners even the very best handicappers only hit 58% or 59%

Keep good records - This is an element that almost nobody does and I am even guilty of this sometimes. You want to keep very meticulous records. The greater you keep track of you can look back and find out where your losing or winning the most money and then have the prop data to make changes.

Play at reputable sports books - If you play online gambling site you want to be absolutely certain you get paid if you win. You will discover lots of reputable sports books online so do some study and avoid the scam books because there will be nothing worse than winning and after that being unable to get compensated.