4 simple betting tips you need to know, according to Dan Lifshatz

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• Lifshatz: I put out some rules on Twitter yesterday for new beginning bettors, and maybe you guys should follow them. 

  Rich: Give me your best rule. One that you abide by. 

• Simple Betting Rules to Follow for New Bettors:
  1. Don't bet parlays - you're gonna lose, just don't do it
  2. Keep your bet size consistent. This one is huge
  3. Only bet what you can afford to lose
  4. Don't follow people on twitter who say they win. Do research

  — Dan Lifshatz (@DanLifshatz) March 8, 2023

• 1. DON’T BET PARLAYS. YOU’RE GOING TO LOSE. DON’T DO IT!

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  LAS VEGAS, NV – FEBRUARY 02: The betting line and some of the nearly 400 proposition bets for Super Bowl 50 between the Carolina Panthers and the Denver Broncos are displayed at the Race & Sports SuperBook at the Westgate Las Vegas Resort & Casino on February 2, 2016 in Las Vegas, Nevada. The newly renovated sports book has the world’s largest indoor LED video wall with 4,488 square feet of HD video screens measuring 240 feet wide and 20 feet tall. (Photo by Ethan Miller/Getty Images)

• 2. KEEP YOUR BET SIZE CONSISTENT. THIS RULE IS HUGE!

  Lifshatz: One that’s huge for me for new bettors is not for established bettors. Newer people includes should bet with consistency, this is in terms of how much you’re betting.
  

  Don’t bet $500 here, $100 here, and $200 there. Keep it consistent, especially early on when you don’t know what you’re doing. 

  If you like a bet more, add a little bit more, that’s fine. But for the most part, consistency is key, and it will help you down the line if you decide to do this more seriously.

  Bankroll management is the biggest thing that really hurts bettors. People will bet $100 and win a couple hundred dollars and then bet $500 next instead of just betting $100 again. So, consistency early on is key when you’re betting. 

• 3. ONLY BET WHAT YOU CAN AFFORD TO LOSE

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  People attend a soft opening of the Mohegan Sun Sportsbook Thursday where a 140-foot video wall has been built at the 11,000 square-foot betting area.
  3 Sports Betting

• 4. DON’T FOLLOW PEOPLE ON TWITTER WHO SAY THEY WIN. DO YOUR OWN RESEARCH!

  Lifshatz: Some rules for new bettors. Don’t follow anyone on Twitter who’s like, “Up 400 units in a week! Follow me!”. 

  Don’t do that. There are 4 billion accounts on Twitter that do this.

  Also, don’t buy picks. There are very few services that win. They all claim to win, but very few services actually beat the line and are profitable. This is extremely difficult to do.

  Those are a couple of things I would tell you to be careful about. 

• Mass Bonus Bets Thread: pic.twitter.com/wsFzmXYv7K

  — Dan Lifshatz (@DanLifshatz) March 9, 2023

• Rich: Okay, so mobile betting goes live at 10 a.m. tomorrow morning? 

  Lifshatz: Yes, 10 a.m. I don’t know if this is the truth, but just from a few things I’ve read, I would advise that you take advantage of these promos before mobile betting goes live. 

  Fred: Well, you have to do that before 10 a.m. tomorrow. The disclaimer, I believe, on all of them is that as soon as the first bet goes through in Massachusetts, the deal is over. 

  Lifshatz: If you want to get your bonuses and some expire tonight at midnight, you’ll want to sign up today. Today is the day. 

• Full Segment

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