Setting Wagering Goals Is Good Step Toward Achieving Success

Wednesday, February 20, 2019 7:27 PM UTC

Wednesday, Feb. 20, 2019 7:27 PM UTC

You already got the hang of sports gambling and you're starting to win. That's great. The next question is, do you have an end goal in mind?

<p>It's another standard Monday (or Wednesday, or Saturday, or ...) and you and I are about to go through the same ritual that we went through yesterday, and the day before, and the day before that.</p><p>Wake up, drink some coffee, take care of morning responsibilities, and then start looking at today's sports matchups. We go over the teams, <a href="https://www.sportsbookreview.com/betting-odds/" title="Live Sports Odds Board">we look at the spreads, the totals, the moneylines</a>, and we decide which bets we're on and which ones we're off. Maybe we talk to a few friends: "What do you think of the Raptors tonight?" or "I'm leaning Blackhawks, how about you?" Eventually we have our card completed for the day.</p><p>Then we get the money down with our <a href="http://www.sportsbookreview.com/best-sportsbooks/" title="SBR's Best Books">sportsbook(s)</a> and start the process of waiting for the day's games to begin. When they do, maybe we tune in and watch, maybe we don't (I don't). But we're checking the live-update box scores here and there. We're staying on top of which games have finished, which are in progress, and what kind of money we're making (or losing) on the day.</p><p>And finally, the last game is over, we have our totals, and that concludes the business of the day. Tomorrow, we'll start all over again.</p><p>It can all get to be very monotonous, very repetitious. Some bettors will react to this growing boredom by looking for ways to inject big shots of adrenaline from time to time, which is how you end up with spontaneous ideas like, "SCREW IT, I'M PUTTING HALF THE BANKROLL ON DUKE TONIGHT!" Or you start playing around with partial-game bets, because you no longer have the patience to just wager your games and let them play out. You've burned out on the endless cycle!</p><p>[/]{"component": "embedHTML", "code": "&lt;iframe src=\"https://gifer.com/embed/1dBK\" width=\"480\" height=\"271.096\" frameborder=\"0\" allowfullscreen&gt;&lt;/iframe&gt;&lt;p&gt;&lt;a href=\"https://gifer.com\"&gt;via GIFER&lt;/a&gt;&lt;/p&gt;"}[/]</p><p>I have a much healthier way to deal with the inevitable grind, and this is just as much a part of betting strategy as is calculating fair payouts against the spread. It's really quite simple: Have a goal. In fact, have several goals, and check them off as you reach them.</p><p>For instance, a long-term goal might be, "By the end of this year I want to have accumulated $2,000 in winnings." A somewhat shorter-term goal might be, "Within six months, I want to have increased my bankroll by 50 percent so I can start betting bigger amounts." Or set a series of immediate goals: "This month's goal is to make enough extra profit to knock out two car payments;" "this month's goal is to have at least $150 in winnings;" and "this month's goal is to treat myself to a nice dinner out."</p><p>Having goals like these -- real and concrete goals that can be measured -- will keep you focused as you go through the day-to-day grind of researching wagers, placing wagers, sweating the games, and <a href="https://www.sportsbookreview.com/picks/" title="Free Sports Picks">tallying up the results</a>. Actually hitting a few goals is even more beneficial, because you get to realize some kind of tangible result. Sitting down to a nice steak dinner at a decent restaurant, and paying for it purely out of winnings you've collected because you're so damned smart and so amazingly good at wagering? There's nothing quite like it.</p><p>This is part of betting strategy because it helps to keep your eye on the ball, keeps you focused, keeps you from deviating from the smart betting strategy you've been following. Any life strategy that keeps you tied to smart betting strategy is, itself, a smart betting strategy!</p><p>So ask yourself, "What are my goals this month? This quarter? This year?" And once you've figured it out, write them down and start tracking your progress. You'll be a much happier sports investor if you do!</p><p><em>Stay tuned for future betting strategy posts, and be sure to check out my other sports analysis on Twitter at @HooksPicks and on Patreon at patreon.com/hookspicks!</em></p>
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