My strategy is pretty simple. I tend to stick to 1u-3u bets with the occasional 4u-5u when I find a great pick but those are probably < 1 per 2-3 weeks. I bet everyday, Mon-Sun and tend to bet no more than 6u a day. This typically means I place around 3 bets a day. Never more than 4. My strategy is 75% management and 25% research. I don't watch any the games, I don't have a favorite team or follow a team individually. I am not a "fan" if you will, but I appreciate the sport. This means I have no personal bias for or against any team. Helpful when trying to view the games objectively.
A few personal rules that is the framework of my betting strategy, the 75%:
Dynamic Bankroll Management: This is the most fundamental aspect of my game. The Dynamic aspect would be to assign units to percentage of your bankroll. For example, a 1u bet for you would be 2% of your roll, a 2u bet is 4% and a 3u bet is 6%. The value of each unit changes with the ebb and flow of the bankroll. EG: Bankroll is at $100, a 1u bet is 5% that unit is worth $5. Bankroll at $50, a 1u bet is now worth $2.50. So how much money you are wagering on a 3u bet today will be different than tomorrow, but proportionally to the bankroll the value will be the same. It is important to stick to this.
The Management sections is much simpler. Record your plays. I have a daily planner I use to record my plays, but most people use a spreadsheet. I keep a daily record of the following:
Wagers made.
Units bet per wager.
Current value of each unit.
Win/Loss of each bet.
Number of units accumulated.
Total value of bankroll.
I keep a monthly record of the following:
Number of bets and outcome of day. EG: 3W, meaning took 3 bets and at least with 2 or 3 of the plays hit.
Total W/L/P
No parlays or teasers. I may throw the occasional few buck bet on a wild parlay, but that is generally only a dollar or two. I see no long-term value with taking teaser or parlay plays.
Sticking to the daily cap for # of bets (for me 6u total) helps me weed out bad picks by focusing only the only very good ones. It is Vegas, they have been doing this for years, you think they are going to have 4+ value picks a day? Not likely. Stick to a few bets, but make sure they are the best ones. This also removes the unpredictable emotional aspect of gambling. Helps avoid +/- tilt as you are constricted to certain limits. This way you won't bet over-zealously on a winning streak or chase losses by doubling down. This is for the protection of your bankroll from yourself.
Other than that is the research which is very simple as well. I really only look at two sites for research and only look for a few qualifications.
I review match-ups before the lines. I look at total W/L for each team. If one team is objectively better, meaning 4-5 for W or above the other team, I will look at the line. If the line is low meaning under -5 to -1, I will put that match in a list. If the line is -7 or above, I will disregard it. I will do this for NBA/NCAA and usually will end up with 5-7 match-ups to review. Typically I will not take a team that is favored more than -5, with occasional -7 or less if need be and Vegas has the lines tight.
I take each of these match-ups and review if any of the teams are on a back-to-back. If the team that had my original eye is b2b, I generally disregard with spread bet, but I find value in betting unders on teams playing b2b. I will review the predicted totals for these games using the second website.
The rest is the actual review of the stats: I view previous match-ups between the teams as well as compare the other teams they have played. I take into account home/vs away and injuries. I will review the predicted score on the second website as well. Try to find value in the picks.
There are generally only 2-3 bets at this point. I place my bets and then watch a movie or play some Diablo 4.
And that’s it. ;)