"Thanks for that Football tip! I won US$8,360. Dinner's on me." -- David S., Carson, CA, USA
Straight from the pros:
Sports Betting Advice

Skill. That's all you need to win at sports betting. As a bettor, you have to gather and analyze as much information as you can about a game. You must weigh the probabilities of each team winning, and subsequently compare your opinion to that of the odds maker's.

Though luck may be a deciding factor in the outcome of any single game, and may inevitably go against you on occasion, it will balance out in the long run.

However, being a consistent sports betting winner is not about luck. It's about how prepared you are to invest time and effort to become knowledgeable about the sports you bet on. Winning is about weighing all the factors in a cool, objective manner, and adopting a consistent, disciplined, long-term approach to sports betting.

Bookmakers are mere middle-men who operate on a small profit margin. Ideally, they like to see half the money wagered on one team and half on the other, assuring a profit. If too much of the money goes on one team, the bookmakers will move the line or point spread to encourage bets on the other team in an effort to balance their book.

The person you are attempting to beat is the odds maker, and his views on each team's winning chances.

Just by flipping a coin, you will be right 50% of the time. At odds of 10/11, only 52.4% of your bets have to win for you to overcome the bookmaker's profit and break even. This means you only need a very small edge to become a winner.

So you must do your homework and bet selectively. Winning 55% of your sports bets is definitely achievable and 60-65% is a realistic target. At those levels, you can have an extremely profitable and enjoyable hobby.

Hockey Adviserby Dwane Lynch

Making hockey bets online may seem a bit confusing at first due to different terms used for betting on the sport. Some of the terms frequently used are "Canadian Lines", "Puck Lines" "Money Lines" and the like. However, as bettors become well-versed with the sport, it becomes much easier.
Auto Racing Adviserby Dan Roberts

Betting on auto racing is similar to betting on golf. The most basic wager involves picking the winner of a race. Typically a sportsbook will list 20 or more individual drivers along with a field (all others) option, at various odds.

Football Adviserby James Aldridge

Making football bets online is so easy. There are countless folks just like you who have discovered how easy it is to bet on football games from home. To start making serious money on football bets, just join a reputable sportsbook, read the news or consult your favorite handicappers, pick the football games you like, and wager away. Simple, isn't it?
Basketball Adviserby Allen O'neal

A Basketball bet is similar to a football bet - point spreads are used to handicap the favorites and underdogs for each game. Over and under totals are popular in basketball betting as well. Sportsbooks usually require 43 minutes of play for action in the NBA while for college basketball, 35 minutes is needed.
Baseball Adviserby Roger Addu

Baseball Bets are made by laying or taking money odds. They are based primarily on moneylines, and with its relative simplicity, betting on baseball offers the bettor some of the easiest money to be made. The minus (-) indicates the favorite; the plus (+) indicates the underdog. On money odds whenever there is a minus (-), you lay that amount to win a dollar; where there is a plus (+) you get that amount for every dollar wagered.