The ability to conduct smart and effective research is a trademark of all successful sports gamblers.

These people are also very discreet with whose advice they take on, if any at all.

When contemplating investing your money based on another person’s tips, it makes sense to be as informed about that person’s track record as possible.

This is particularly important if a betting tipster is charging you for their advice.

Just like paying for any service, you want to make sure you are smart with your money here.

There are a host of betting tipsters out there claiming they make large profits from their weekly bets, leading to people trusting them on the basis of little or no evidence.

Following the mantra of professional sports gamblers, by combining research with discretion, is a great way to ensuring you do not fall into this trap.

Sometimes you might be laying something off in the exchange and think it will save you time to place the lay bet before opening the bookmaker’s webpage. From experience, it’s not worth the hassle.

When you are placing lay bets you will want to check the liability. An exchange will only let you risk as much money as is deposited in your account at that time.