Making sports bets is something that draws a lot of attention to most of us, and the truth is that it is possible to make money with them if you follow some essential tips, since there is a large part of luck and chance in the results, but there is also a lot you can control-get more info!
Set a budget
Before you start looking for which website to bet on and which sporting event, first think about how much you want to invest in it. Decide how much you are willing to invest, what your bankroll will be.
If you start with online gambling, your budget should be much lower to increase it with experience gradually. Of course, the bigger the bet, the more you win, but start on the safe side, and then you will become more emboldened.
Take into account the Volatility of Quotas.
Odds variability is a pretty crucial factor that most bettors ignore.
That is, how long it takes for bookmakers to react by raising or lowering the prices of specific bets before the entry of money.
Volatility is closely tied to the specific event or match and the type of proposition, and the role of the forecaster carries considerable weight.
This affects the events and also the types of bets. Special bets or bets with little demand from bettors (due to their low probability, conciseness, and risk), such as “yellow card,” have much higher limits and volatility.
The more fame and more followers a forecaster or Tipster has, the more significant the impact it will have at a national or international level, so the volatility of the prices will be much higher, regardless of the sport or event in question.
Some bookmakers take a long time to react to changes in market odds; however, they are few, and they are not as popular.
Follow various Experts / Tipsters / Forecasters
Sports betting gurus go by various names, but the most popular are Tipster (a person who gives tips or advice) or result forecasters.
They are experts in one or several game disciplines, such as tennis, football, basketball, golf, and even darts, dedicated to estimating seasons, matches, or events in their dissemination channels. You can follow them on their blog, youtube, Twitter, subscribe to their mailing lists, or any other social network where they share their recommendations.
Eye with the Safe Bets (sure bets)
When starting to make sports bets, the beginner player tends to look for safe bets that allow winning mathematically, that is, quite safely.
The ‘sure bets’ strategy is to take advantage of the fluctuations in the odds and the different forecasts of the experts. To bet on all the possible possibilities of the same event to cover all the success alternatives and get a sure profit.
The trick of this system to bet is to do it between two or more bookmakers, since each bookmaker applies a different profit margin and different odds, so the benefit is in playing with this.
Usually, the trick of making sure bets returns between 0% and 5% of the amount bet, although sometimes it exceeds 15% of the profit. However, as safe as they may seem, you must consider several factors since the strategy of sure bets can present quite a few unforeseen problems and problems.
The best sports to bet on
There are several factors to consider when deciding which are the best sports disciplines to bet on. One of them is the number of variables at stake or the difficulty of forecasting the results. And it is that sports bets also have a large part of mathematics and probabilistic calculation, so if you hesitate between several sports that interest you, this can help you decide.
The number of variables that come into play when defining who wins (if you are betting on win-lose) is decisive since, for example, in soccer, you can win, lose or tie; in tennis, win or lose. There are many options of who wins in cycling, ruling out even the most miniature leading cyclists.
Of course, this factor will also affect the odds since it is not much more challenging to win a bet when it has more variables; the prize is also higher.
But there are more factors when it comes to determining which are the best sports to bet on; such as the odds and their variability (especially in live matches)
Don’t bet everything on the same event, diversify
It is better that you bet a little on each event or match than that you bet everything on the same event since the risk is also shared, and so are the chances of winning.
It seems logical, right? Sometimes with the excitement of the moment or impatience, we see very clearly that we will win and forget how important it is not to gamble everything on a single card, as they would say in the casino world.
Plan the bets
It is essential to have a calendar with sporting events to be clear about how many there are when they are and how you will manage your money.
Especially for live betting, it is essential to analyze the factors at play to avoid losing significant amounts of money due to not carrying out an analysis and prior planning.
Avoid live betting
With a calm mind, it is much easier to act sane. Do not get carried away by the emotions of live because you are watching the final of the soccer world cup with your friends.
In addition to this “excitement of the moment” factor, there is another crucial factor: you will hardly ever find a good value (high odds) for this type of bet. But that’s not all; you also have to add the delay between the process of placing the chance and it being practical, which is usually 10 seconds or more.
It can also happen that the bet is rejected, as it can happen if you try to make a quick bet after a goal since bookmakers have automatic systems to close the markets after important events such as a goal, red card, or penalty.
This is not to say that betting live is always a bad option: if some odds are valuable before a sporting event starts, they are usually held for the first few minutes of the match. This usually occurs in betting markets where the chances are more significant once the game has started.
The world of sports betting is for playing long-term. If your idea is to start betting today following the advice of a guru and win quick and easy money, I must say that you get that idea out of your head as soon as possible because you can have a stroke of luck. Still, you can also be wrong or have bad luck and start losing money, and that honesty that you get discouraged and make a crazy bet to try to win it back, or that you leave him feeling frustrated.
You have to inform yourself, be constant, be clear about your strategy, and follow it even though you may not have such good results at the beginning since sports betting has long-term effects. Do not forget.
Following successful forecasters and practicing banking management with moderate stakes or without large excesses are good strategies to make a long-term profit.