To get started you really need to decide on a sport to bet on and a sports book to make your wager.

Choosing a wager outlet used to be a very secretive mission and your betting options were limited by what someone “bookie,” or “book maker,” was capable of covering. These limited choices resulted in odds stacked against the bettor and a lingering apprehension when it came time for payouts.

As sports betting became a larger and more accepted practice, sportsbooks rose above their disreputable “bookie,” counterparts to enter the digital age. Online sportsbooks now possess the security of being a sizable company ensuring the very best benefits for many bettors.

Sportsbooks will take your bets in exchange for a commission – usually 10% of the wager. This is better known as the “juice,” or “vig,” or “vigorish.” In theory, the sportsbooks don’t care who you bet on – they simply take half of their bets on each “side” and make their 10% commission.

You have the option to place bets on just about any sport you would like. From boxing to basketball, baseball to football for both college and professional games or events, these online giants can cover them all.

Keep in mind, make sure you follow the local laws where you reside as it relates to placing wagers.

Many novice sports bettors do not even think of money management. They simply pick an arbitrary bet size and fire away. This strategy (or lack thereof) is very risky. It’s always better to think of your bankroll and My Page pick the correct bet size according to your bankroll. Please read our article about bankroll management.

Expecting to win every bet? Of-course not. But simply how much are you expecting to win? You could be surprised to learn that the most effective professionals within the business rarely achieve 60%. Most hit 55%-59% on a long term basis. But do not be discouraged. Hitting anything above 52.38% is profitable and 55%-59% can be very profitable.

The key is to recognize that you shouldn’t come in and anticipate to break the bank right away. Successful sports bettors win by applying a disciplined approach over a long time. If you’re looking to double your money in one weekend, you are setting yourself up for disappointment.