You can bet on the CFL

Betting makes up 30%-40% of the worlds gambling industry. The Industry that includes the lottery, casinos, poker etc, showing the sheer size of sports betting.

Football is not only the biggest sport in the world, but it is the most bet on, whether it’s the World Cup, NFL Super Bowl or The Grey Cup. But what are best tips and tricks to secure the big wins?

Set a Budget

The main idea of betting is to win money, but that’s an arbitrary concept if you have put down more than you are picking up, so it is very important to set yourself a realistic budget and stick to it.

You are responsible for your money and so know how much you are willing to risk before it damages your finances and causes trouble. Only set out the amount you are okay with losing, no more. This budgeting allows you to keep track of your spending and also gives you a stopping point that tells you to walk away before having to seriously worry.

Don’t Be Impulsive

Impulsive behaviour is the biggest cause of betting regret. Impulsive betting generally happens after big wins or a series of losses, or more commonly, after a few too many drinks.

The best bets are made when they are researched, logical and sometimes betting on a game you have no vested interested in, can lead to more reasonable thinking and bigger wins.

But if you want to bet on a big game you’ve been looking forward to all season, this doesn’t mean you will lose, you just need to ensure that you are in a good mind set.

Know the Jargon

All sports have different rules and different jargons, but due to footballs differences depending on where you are in the world, the lingo is different. But in the case of Canadian football, here are a few common terms used in the game to get you started…

Halfback – this refers to the defensive back rather than the running back as in American football and this difference in the two terms is one of the only differences between the two games but stems from the fact that Canadian football places a bigger emphasis on forward passing.

Back judge – they are responsible for players of both teams who do not have the ball and are behind the scrimmage line.

Dead line – one of the fields outer lines and once the ball goes over it, it is deemed out of play.

Online Sites are Your Best Friends

There is a sea of online betting sites available to you at the touch of a button, so use them. These sites are not just for placing bets, they provide odds, tip and information on old and new games to make sure you are well informed when pacing a bet.

Not only will the sites make you well research if you browse through a few different sites you can make sure you are getting the best odds. For more, you can visit the blog at Infogol.

Take a Moment to Cool Down

Betting is a game of chance and there is always an aspect of risk involved, but that’s what makes it so exciting. However, when you do face a big loss, take a moment to process it and refer to your budget to ensure you can afford to make another best and possibly lose more money.

This cool-down period can allow you to process the loss and assess whether making a bet in retaliation is the logical idea. As said previously, impulsive bets are often the biggest regrets for bettors and most of the time will be bad bets due to little thought put into them and the focus on the anger of losing as opposed to the odds of the bet paying off.