Sports betting is the art of predicting the outcome of sports events. Like other gambling games, sports betting might seem like a test of luck but in reality, you need to know the ins and outs to Win! In short, here are sports betting guide to help you on your way to fortune and glory.
1.Set a Gambling Budget and a Right Mindset!
This is a lesson in common sense that is often ignored when it comes to wagering: never bet more than you can lose. In fact, I personally enjoy betting/gambling as a pass-time activity and I never overextend myself. I recommended that you set a budget of your money for betting and treat it as a hobby.
Try changing from the feeling and pressure of ‘I must win every game’ to ‘I am enjoying the game’, as strange as it sounds you will become more chill and make better decisions and of course win more. Personally, I suggest gambling only when you are in a good mood and stop whenever you can’t make good/sound judgement.
2. Don’t put all your eggs in the same basket!
Now that we have a positive mindset, let’s start gambling! However, please remember to NEVER all in on one single game. Try to spread your budget among a few smaller bets rather than risk it all on one. Sports are unpredictable, any team can win against another in sports.
Every day, there are thousands of sports games and I suggest picking out a few and keep track of them. If you bet on 10 games, realistically you only need to win 6/10 to make a profit compare to 1/2 chance when you all in. This method lowers the probability of you getting one end of each extreme and in the long run, will win more.
3.Do Your Homework Before the Game
The best way to win sports betting is to research the game. Such examples are :
( i ) Football teams often underperform when they have a manager change (source).
( ii ) Some teams often have high scoring games against each other. Examples are Tottenham vs Man City, averages 3.2 goals on their past 10 games at the time this article is written.
For the examples here, I would recommend betting against the team that just sacked their Manager. And a high Over/Underscore on Tottenham vs City.
Therefore, if you keep track of news about the game, you can make better predictions and win big money.
4.Make Arbitrage Bets
You can make money on sure bets regardless of the outcome of a game with arbitrage bets. The advantage of these bets is that it doesn’t matter what the outcome of a game is since the only bet you made was on a specific happening.
5.Place Bets on the Right Sports Book
The different sportsbook has different profit margins, often the difference is around 3~10%. This makes betting on different sportsbook having a significant impact on your winnings.
I suggest using websites that keep tracks of many different sportsbooks, one such example is inplay tips prediction. To maximize your profit, just bet on the sportsbook that offers the best return rates.
6.Bet Against the Public
Betting against public opinion is also another effective strategy employed by professionals.
I personally suggest going for this strategy only when the return is extremely high or the profit margin on the public favourite is simply too low.
The beauty of this strategy is you can bet much lower than your average bet, like 10~20% of your normal bet. And since you didn’t invest much, the results might turn out as a surprise.
7.Bet at Just the Right Time
Amateur betters often bet early, before the game starts. I personally think that sports are ever-changing, hence I suggest betting during the games if possible.
Moreover, you get to watch the live performance of the team you are betting on. If you keep track of specific teams like suggested on Tip 2, you will know how they usually perform and your final decision will be based on more solid evidence.
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