Originally posted on 09/04/2011:

My own important rules for gambling:

#1. Money management is extremely important. Use a money management system and stick with it religiously. Give yourself a limit per week and know when to quit. You should be using 1% of your bankroll for each bet.

#2 Bet because you can win. Never bet for the action or just because it's your favorite team. Be selective. Pick your spots and wait for the right opportunity.

#3. Pay attention to the lines all the way to the end of the week, try to make profit off the line. Always shop for the best line, Always! You should have an account in multiple books.

#4. Know that you are making profits off of other gamblers, you are not making profit off of the casinos and line makers. That's why they adjust the lines accordingly.

#5. Stay emotionless all the time. Bet like a robot. There's no place for emotions in this profession.

#6. Patience & Discipline is the key. Develop these skills.

#7. Know when to fade the public.

#8. I personally would avoid playing pre season, due to imbalanced teams and teams who are just experimenting. The first few weeks of the NFL regular season is a guessing game.

#9. Pay attention to injuries to important players, it can effect the outcome of a game.


Here are rules I took from someone on the internet:

1. Establish a base line for the game to determine value when a line is more or less than your number. You can do this by using power ratings and weekly adjustment charts to update each team's power rating weekly.

2. Situational handicapping- look for things like revenge, maybe a player is shooting his mouth off, key injuries. Note; linemakers are sharp and generally build the line to compensate for the injury, it's when the public overbets the injury to look at playing the otherside.

3.Statistical handicapping- does a team have a top ranked rushing or passing game going against a low ranked defense. Turnovers?

4. Fundemental handicapping- are their any strong trends or coaching advantages. How well do they play on the road? What is their red zone %, are they able to run the clock out with a lead, etc...