Originally posted on 08/28/2013:
- Do not rely on anyone else's perspective in order to reach a decision involving your money.
- Make sure you do as much independent research as possible.
- Remember, just because you see something on an IBB doesn't make it factual.
- Be able to discern the difference between opinions and facts.
- Be cognizant of the fact that every gambler has a personal bias, whether or not they admit it.
- A successful gambler will do their best to minimize the impact their personal biases have on their gambling decisions.
- There is no such thing as a lock.
- Practice bankroll management/do your best to avoid impulse bets
- Don't bet a game just because it's on television
- Avoide major conference matchups if possible. the value can usually be found in the smaller/less glamorous conference games
- Look ahead to the coming week's schedule and either eliminate games that you have decided to avoid, or highlight the games you are interested in. Set your own line-paramaters in advance. If a game has the line you were looking for, bet it, don't wait to see if it'll become more favorable. More often than not, you'll end up missing the boat.
- Don't auto-fade the public/Don't auto-bet with the public
- Don't bet a game just because it indicates RLM. If you liked that side to begin with, just use that trend as an additional favorable reason to make a play
- If you have yet to bet a game that is showing strong RLM, don't bet into the teeth of it... leave it alone... better safe than sorry.
Newb or not, your chances of picking a winner are 50/50... same as anyone here.