Last Updated on 16 Feb 2022 8:29 pm (UK Time)
Pennsylvania was one of the first US states to legalize sports betting following the striking down of the 1992 PASPA Act by the Supreme Court in 2018, and since then, it has developed one of the strongest sports betting sectors in the nation. There are dozens of sports betting sites available in the state and to help you get the most out of your Pennsylvania sports betting, here are some handy tips.
Never bet more than you can afford to lose
I’m sure you’ve heard this one before but it bears repeating regularly. You should never – under any circumstances – wager more than you can afford to lose when you are betting on sport in Pennsylvania. Failure to follow this advice is a shortcut to financial ruin, addiction and in some cases, personal tragedy. Bet with money that you can afford to lose, and to make sure you stick to this rule, never drink alcohol when you are betting as it can lead to you making poor financial decisions.
Only bet with registered sites
There are hundreds of sports betting sites out there, many of them overseas or unregistered sites, but you should only ever bet with registered Pennsylvania sites. The rules on online sports betting in PA ensure that locally registered sites follow a range of rules and guidelines on everything from keeping players safe to protecting funds. Betting on any other type of site leaves you vulnerable.
We’ve all heard about the player who won millions of dollars on a tiny wager. That almost certainly won’t happen to you. The vast majority of sports bettors make a loss, not a profit, so keep your expectations realistic and you won’t suffer too much disappointment.
Do your work
You wouldn’t expect to make a profit on the stock markets without knowing anything about stocks and shares, and the same goes for sports betting. If you are serious about your sports betting then you need to do your homework, including staying up to date on everything there is to know about the teams, players and leagues that you will be betting on.
Objectivity is important
Are you prepared to bet against your favorite team? There is a difference between those who bet for fun and those who do it seriously, and the second group always aim to bet with their head, not their heart. If that isn’t for you, you should treat your betting as a fun activity.
Pennsylvania has one of the busiest and most competitive sports betting markets in the US. It makes sense to shop around when you’re looking for the best prices. Don’t just stick with one bookmaker, since the short-term convenience could mean long-term losses as you miss the best odds.
Work out your betting style
If you hate wagering on a short-priced favorite or feel anxious about risking a bet at huge odds, your betting should reflect this. Whether you are a small-stakes, long-shot backer or a high-stakes favorite seeker, choose the style that works for your bankroll and your personality and stick to it.
Yes, it’s not very sexy. It may seem like accountancy, but keeping a record of your bets, both the winners and the losers, will have many advantages. It will help you to keep track of how well you are doing and it will make it easy for you to spot areas where you can improve and markets that you should avoid. It can also be helpful, during a losing run, to look back at times when you have been successful.
Focus on your strategy
Sports betting can be an art or a science, depending on how you approach it, but it is a good idea when you are betting with Pennsylvania sportsbooks to step back from time to time and study the bigger picture. What type of a bettor are you? Where does your edge come from? What are you hoping to get out of sports betting? What works and what doesn’t work? Taking a longer perspective will often help you to clarify your approach and to refocus on the most effective way to bet.
For most people, sports betting is fun, not a job, so you should treat it as such. Wager what you can afford and enjoy the process, treating it the same as a trip to the movies or a meal at a fancy restaurant. This is often the best way to bet safely and to get the most out of Pennsylvania sports betting.