There is good money to be made from football betting if you stick to some simple basic rules.

Rule 1— Do not bet on your favorite team. If you’re honestly going to try and make money, you have to remain unbiased in every way. When you bet on your team, a large percentage of the time your judgment is clouded.

Rule 2 — Work out a staking plan. Once you have identified a value bet the next question is “how much should I bet?” The answer to this question is determined by how confident you are about the bet, and by how much value you think you are getting.

Rule 3 — Never, EVER, chase. We’ve all been there, you’ve had a terrible day and lost a lot of money. “Time to get my money back” will only land you in trouble and spoil your day! To make money betting on football it is crucial that you have discipline.

Rule 4 — Stick to singles or doubles. It is hard enough predicting the outcome of one match let alone five. No matter how many teams you pick there will always be one result that lets you down.

Rule 5 — Do not bet on sports if it affects your health. If you are a hard loser, if you have high blood pressure, a bad ticker, or just can’t let those bad beats go, then this isn’t the game for you because losing is inevitable

Rule 6 — Pay close attention to team news. An injury to a key striker or a suspended captain can sometimes greatly swing the odds in your favour.

Rule 7 — Choose which markets you bet on carefully. The best markets to bet on are generally the match odds and some of the goals markets. Halftime/fulltime, correct score, first goal scorer and other similar markets have a higher profit margin.

Rule 8 — Keep records of all your bets. It is important to do this so that you know exactly how much money you are making or losing. It will help you decide on your staking plan and make it clear that you should stop if you aren’t making money in the long run.

Rule 9 — Stick to what you know and don’t bet on leagues you haven’t been following. You can only get an edge on bookmakers if you have better knowledge than they do on a certain league.

Rule 10 — Don’t get carried away by short term trends and always be mindful of the bigger picture. If a team has won four games on the bounce then ask yourself “are they winning these games because they are a good team or is it just a lucky run?”