Betting in its nature sure is a risky business, but you do not have to fear since you can use some strategies to maximize on your chances of winning. One of the ways to ensure you have maximum chances of winning is to know the sporting event in and out. While you do not have to be a fanatic, you can research on that event and find out as much as you can about the participants. When it comes to increasing you chances of winning, experience will matter a lot. When you are starting out, you can place little bets as you get familiar with the ins and out of gambling. You can then start betting big when you are confident of skills.