The most common mistake amateur and professional sports gamblers make is betting excessive on individual events. A simple cast in stone rule is always to never bet more than 2.5% of your sports betting balance on a sporting event. However, before we obtain to the information the amount to bet there are several basic rules that any sports gambler must remember:

Rule 1: NEVER bet over within your budget to reduce. This is the one rule that as well a lot of people ignore prior to it being too late. Ignoring this the rule creates every one of the problem reports. In sports gambling you must remember that there will probably be hot streaks and cold streaks and you also don't want to subject your rent money or payment to the risk what-so-ever. If the money you might be using to gamble is earmarked for a necessity then you should not be gambling with it. Only gamble with discretionary income.

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Rule 4: ALWAYS bet exactly the same amount on every event that you bet. To state it differently, usually do not play $250 on Pittsburgh versus Dallas, $150 on New England versus Indianapolis and $500 on Oakland versus Chicago. The only reason Sports Gamblers do that is because feel more confident about Oakland versus Chicago, less confident about Pittsburgh versus Dallas and slightly confident about New England versus Indianapolis. All too often, the "best" pick for the day, ends up wrong, a back door cover creates a loss or a late interception leads to a alternation in caused by the game. DO NOT FALL FOR THE 5 STAR LOCK OF THE DAY. This is why: Say Steve bets $500 on Oakland +7 versus Chicago; $250 on Pittsburgh +4 versus Dallas and $150 on New England -3 versus Indianapolis. Further say Tom helps to make the EXACT three same picks, but bets $300 on each game. Both gamblers have bet $900.00. Assume Oakland doesn't cover but Pittsburgh and New England do cover. Steve won 2 games and lost 1, but has lost $100.00 ($250+$150-$500). Tom alternatively has won 2 games and lost 1, but has won $300.00 ($300+$300-$300). There is nothing more frustrating than creating a winning percentage, but taking a loss.