How Much To Bet On A Sports Bet

How Much To Bet?

I’m sure there are a lot of people out there who want to know how much to bet on any given sport. For me betting on sports is more for fun than anything else. If I win it’s all good but if I lose I’m not too fussed as win or lose, it added to the thrill of the game. Whether you bet for fun or profit you should always remember to gamble responsibly! Therefore you should never gamble more than you can afford.

I know that I’m never going to become rich with the amount that I wager on sports but then I also know I’m not going to go broke and how much to betthat it won’t hamper my lifestyle or threaten the way my family lives. If you’re thinking of getting into serious betting you should remember that the odds always favour the bookie. It’s not often that the bookies have a bad day which is probably why the day bookies lost £25 million. This is a rarity.

If you’re a regular reader of this blog you know that I allow myself $40 for the month. You may want to set a bigger budget for yourself. As long as you don’t exceed that budget you will never get into trouble financially. Remember my betting strategy is all about the entertainment value of the bet. If I wanted to take a more serious betting stance I would have to raise my betting pool. So how do I do that without blowing my gambling budget?

After thinking about this I thought the best way to do it would be to multiply my $40 monthly budget by 12. This gives me a yearly budget of $480. I reckon I would add another twenty bucks to that to make it an even $500. This will give me more money for my online sports betting. I would deposit $500 into one of my favourite online betting agencies, either bet365 or Sportingbet, taking note of the time of the deposit so as to give myself a year before the next deposit.

So now I have more betting money for my bets meaning I can place larger bets but how do I manage this to make it last as long as possible. Again, how much to bet on any one game? What if I only allow myself a percentage for each bet? Lets say 5%. That means I can place $25 on my first bet. If I lose I’m left with $475 so for my next bet I’m allowed to bet $23.75 (475×5%). However, let’s say that my first bet paid off and it paid 2.6 (my England vs Italy World Cup Wager) winning me $65! That lifts my betting pool to $540 ($475 + $65) This means I have now have $27 available for my next bet.

Of course, you may be interested in a way to increase your betting bankroll by becoming a new member of one of the following.

  • Sportingbet $500 Free Bet: If you meet the right criteria Sportingbet will match your deposit up to $500 giving you a $1000 bankroll doubling the size of your wagers.
  • bet365: Already a member of Sportingbet? The why not join bet365 who will match your deposit up to the value of $200!
  • Tomwaterhouse: Not as good a deal as the other two but they will match your first bet up to the value of $250.

Keep in mind that being a member of more than one online betting agency has certain advantages. Like taking advantage of any special deals they’re offering or checking who is offering the better odds and placing a wager with them. Also if one is down for whatever reason you can fall back on the other one to place a bet.

As long as I don’t lose consistently I should be able to make my budget last the year and with some luck I may even have some left over which will add to next years gambling budget. What do you think of that idea? This could well be your next sports betting strategy,

 

Golf Joke Of The Week

Well, I think enough time has gone by since the last Sports Joke to allow me to post another one. Strangely enough, like the last joke this one is all about the sport of golf. What is more interesting is it’s about women who play golf who decide not to wear panties. ;)

Golf Joke About Female Golfers Who Don’t Wear Panties

No PantiesThe Swede’s wife steps up to the tee and, as she bends over to place her ball, a gust of wind blows her skirt up and reveals her lack of underwear.

‘Good God, woman! Why aren’t you wearing any skivvies?’, her husband demanded.

‘Well’ she said, ‘you don’t give me enough housekeeping money to afford any.’

The Swede immediately reaches into his pocket and says, ‘For the sake of decency, here’s a 50. Go and buy yourself some underwear..’

Next, the Irishman’s wife bends over to set her ball on the tee..Her skirt also blows up to show that she, too, is wearing no undies. ‘Blessed Virgin Mary, woman! You’ve no knickers. Why not?’

She replies, ‘I can’t afford any on the money you give me.’

Patrick reaches into his pocket and says, ‘For the sake of decency, here’s a 20. Go and buy yourself some underwear”!

Lastly, the Scotsman’s wife bends over. The wind also takes her skirt over her head to reveal that she, too, is naked under it.

‘Sweet mudder of Jaysus, Aggie! Where ta friggin hell are yer drawers?’

She too explains, ‘You dinna give me enough money ta be able ta affarrd any.’

The Scotsman reaches into his pocket and says, ‘Well, fer the love ‘o decency woman, here’s a comb…. Tidy yerself up a bit.

Sexy Golf Video Of Women Learning To Play Golf

Keeping with the golf joke them I found a video that I’m sure you’ll enjoy.

Finally, a not so well known fact about golfers and their sexual exploits with women ;)

golf joke sports joke
If you would like to have some fun with your golfing buddies you’ll probably be interested in these Trick Golf Balls Exploding, Mist, Wobble, Streamer.

England vs Italy World Cup Bet Of The Week

In last weeks Bet Of The Week I placed a wager on the Adelaide Crows vs Fremantle games. Those of you who read the post know that I placed my bet on the Adelaide Crows to win. The post gave all my reasons for doing so. I knew it was a long shot, seeing as how it paid so well, but I was sure that the Crows had a good chance of winning. Looks like I was wrong and Fremantle was too good for them. If it wasn’t for their inaccuracy they would have absolutely slaughtered the Crows.

That was last week. This week we have a new Bet Of The Week. I thought because the World Cup was upon us I’d choose one of the World Cup matches as this weeks Bet Of The Week. The problem was which one to choose. As it turns out I was asked if I wanted to join a group watching the England vs Italy World Cup game. Sounded like a good idea. As you know it’s a lot more exciting watching any sport when you’re around a group of people. More so than watching it all alone.

England vs Italy World Cup – Who Will Win?

OK guys, you’ve probably worked out by now that a lot of the time I vote with my heart when placing a bet. Being of Italian decent England vs Italy oddscause me to want to back Italy. That is of course unless Italy plays Australia in which case national pride overrules any blood ties. ;)

The question now is who will I use to place my bet. In the Crows Fremantle game I used bet365 so I figured this time around I’d give Sportingbet a go. Too bad I can’t take advantage of their Sportingbet $700 Free Bet Promotion for new members. Unfortunately this offer is not available for certain states in Australia. Remind me to do a post on that later.

Of the two sports betting apps I’m currently using I find the Sportingbet app a lot easier to use. If I can find an app to record my actual movements on the iPhone I’ll do a video to show you just how easy it is to place a bet using the Sportingbet app.

OK, let’s examine the screenshot of my wages that I did manage to take. As you can see I’m sticking to my gambling budget, just like I outlined in my post about the World Cup and responsible gambling. I also placed a Double Chance sports bet. If you’re not sure what a double chance sports bet is you can read about it in my Double Chance explained post.

Sticking to my sports betting budget I split my $10 wage by placing $5 on a double chance on England or Italy to win. So I lose if the game turns out to be a draw. And a straight bet on Italy to win. So if Italy loses I’ll still manage to win something.

Are you going to place a bet on the England vs Italy World Cup game? If so which way are you going?

Close Menu
0 Shares
Copy link