How To Bet On Sports Successfully
Top Tips For Successful Sports Betting Trust Us. Our first betting tip is extremely simple. Be confident that the advice we have to offer is truly valuable. Set Achievable Objectives. It’s not too difficult to win a few wagers when betting on sports. It is not at all necessary to be a fan of a particular sport to bet on it, but while regularly betting on a particular sport, people are likely to develop interest in that particular sport. Individuals can place a bet on sports by either visiting the casinos or can even participate in online sports betting right from the comfort of their own home.
Naturally as a betting customer, you would like to multiply your betting balance by wagering your stake more specifically, in order to gain larger earnings, after all, nobody wants to lose. However, most sports bettors are often in the red with their bookmakers and do not really ever come out of it. This is because the majority of players proceed without any real plan and do not follow any well-thought out strategy when betting, which is often the case with beginners or newcomers.
As a result, it is no wonder that without the corresponding experience and necessary background knowledge, no elaborate strategy can be created. For this reason, it is important for you to plan your approach before starting to bet. This is where we come into play. We assist you with tips and tricks all about the right betting strategy for your needs and help you to develop the right betting system for every sport. In turn, this helps you to improve upon your success rate over a sustained period.
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- Up to 1500+ betting markets p. match
- 25+ sports markets available
- 24/7 customer support
- Dedicated mobile app for iOS & Android users
What you must know about sports betting strategies
All players who successfully bet and want to benefit from their stakes, use their own betting strategy. This may not guarantee any winnings, but it can make sure that in the long run, the betting account at least balances out or, in the best-case scenario, that you are even able to multiply your betting credit. After all, betting strategies are designed to minimise losses and to increase the capital in the long term. For this reason, you should not let yourself be disturbed when a setback occurs in one way or another, as even professional gamblers also stick strictly to their betting system in such cases, and only adapt it in rare cases. Not until the betting strategies can hold their ground for a longer period of time and prove themselves to be lucrative, can we speak about successful sports betting strategies.
How To Bet On Sports Successfully
What you should pay attention to
When you are looking to come up with your first betting strategy, you must consider a few things. Thus, it is particularly important for instance, to adapt the betting system to your own needs. This is due to the fact that there are not only different ways of proceeding for every type of sports and events, but also diverse betting strategies, which should be adjusted to the player’s experience and therefore are better for beginners or rather more suitable for professionals. In addition, it is important to keep close track of your finances and to keep records of your transactions, similar to a bookkeeper. Factor in losses, as well record and note down winnings.
A financial plan, which includes the maximum amount that you would like to spend and place on bets, is an advantage as well. Furthermore, if needs be, it can be helpful to constantly adapt the strategy and not to follow numerous strategies at the same time, but rather to concentrate on one betting system. Failure to do so can lead to confusion very quickly, as well as losing track of your finances and course of action. Not to give up immediately after the first loss, you should always bear in mind that matches can be lost even with the best betting strategies. However, this does not mean that your betting strategy is not effective or that you must dedicate yourself to another betting system, on the contrary. Many professionals also expect to make losses with some tips, in order to balance those out with real winnings.
Basis for good betting systems
Naturally, the basis of every betting system for sports bets is formed by the financial margin, which you would like to have at your disposal. This margin should not be exceeded at any time, or deviate from the thought-out sports betting strategy due to emotional betting (for instance in case of anger or joy). Otherwise, the betting account is not only emptied very quickly, but you can also easily make losses which cannot be offset that simply again.
Your sports betting strategy should always be adapted to your own circumstances and only allot the stakes which you really can and want to spend. Before thinking through the actual betting strategy, you must therefore determine your bankroll, or in other words, your seed capital for betting. On no account should you calculate in money that is needed, otherwise in the household or which you do not possess, doing so you would only be walking into a debt trap. This process under no circumstance leads to winnings or maximisation of capital. If the financial part is calculated, you can start building up the sports betting strategy with respect to sport. As a rule, you calculate about three to five percent of the total betting capital for bet stakes.
How to find the right sports betting strategy for you
The best sports betting strategy, which only brings in winnings, does not exist. You can solely discover an online betting strategy for you, which will let you bet successfully. Hereby, you can bet on one of the many experiences of experienced bettors, which we offer to explain to you. Otherwise, you can build on your own experiences. We offer you a few betting strategies for different sports to choose from, which are easy to be copied and can ensure you a higher success ratio. You should not stiffen too much on high betting winnings though, because every system can also lead to losses.
A betting strategy for combined bets
As a rule, combined bets are very risky, with just one unsuccessful selection meaning that the entire bet gone. However, we will show you how you can still absolve successful combined bets:
- Only bet on “safe bets”
- Do not be seduced by betting bonuses, because in most cases there is a snag
- Take advantage of security offers from bookmakers
If you wish to tackle combined bets with the right approach, you should bet safely above all. Examine every individual bet of the combined offer carefully and combine freely among the sports, yet predominantly on “safe” outcomes. On no occasion should you let yourself be seduced by combined bet bonuses of bookmakers, which are partly quite high due to the fact that the chances of winning decrease significantly. Odds above 2,0 makes sense with combined bets, to keep the risk in an appropriate relation to the winnings.
Tips for goal-betting betting strategies
Football goal bets are particularly liked by gamblers, where successful gamblers often use an over/under betting strategy. Thus, you bet on a specific number of goals which will occur per match or you bet on whether there will be more or less goals than the number set. Hereby, you should consider the following things:
- How strong are the teams in the offensive?
- Has a team weaknesses in the defensive?
- Are important players missing in the defence?
- Is the goalkeeper weak?
- How badly do the teams need a win?
- Is one of the teams stronger in defence?
Among others, the success probability with over/under goal bets always depend on the league in which you place your bets on. As such, there is for instance a tendency to over 2.5 goals in the English Premier League, and this is also the case of the German football league. On the contrary, the French Ligue 1, as well as the Italian Serie A, scores less goals per match as a rule.
The exact score bet betting strategy
Naturally, the exact score of a football match cannot always be predicted precisely. Nevertheless, for a profitable betting strategy, it is still worth it to place bets, especially at high odds. This is because in the long term, even few winnings cover the losses due to the high winnings pay-outs. Below, you will discover our tips for more success with exact score bets:
- For higher risks, higher winnings are often possible
- Take care of covering typical scores
- If possible, also use cashback offers of bookmakers, where you can get your stake back in case of losing your bet
- Do not only place bets on strong teams
In the case of exact score betting, it is not about expert knowledge or experience, since the individual results can never be predicted exactly in advance. This is why you bet in the wisest way when you amply cover scores which often occur with your bets (for example 1:1, 1:0, 2:1, 0:1, etc.). According to analyses, 60 percent of all football matches turn out with such a result, which is why the betting odds lie very high at 7.0. Thus, if you cover all results which often occur with your bets, most of the time you can not only compensate for your losses, but also reap in winnings. Since sports bets of this type are so popular, some bookmakers have some offers available for you, which you can benefit from.
Betting on draws for football
Another strategy is to place bets on draws for football matches, because around 34 percent of all matches end in a tie according to statistics. Before placing your own bet though, you should analyse individual teams and players carefully and check probabilities. This is why we have listed a few tips and some food for thought:
- Bet on individual bets
- Examine the latest matches of the teams carefully
- Do certain teams play draws particularly often?
- Away matches of favoured teams are particularly suitable for this betting system
According to experience, teams that play away from home are well-suited for draw betting, because they are rather satisfied with this result and thus do not run every single risk. With this strategy, it is also suitable to follow a team during the whole season and to bet on draws.
The “double chance” strategy when betting
Another very popular betting strategy for football matches is to include two possible outcomes in the bet. With 66%, you get a higher probability, as double chance, to win. The only disadvantage hereby is that the odds and pay-outs of such bets, due to their high winning probability, are normally very low. Also, with small winnings, one’s own capital can be increased, if one follows the betting strategy consequently and patiently.
Our conclusion to betting systems
Betting strategies are very important for all customers who wish to multiply their winnings and who want to let the staked betting balance grow. Without a corresponding system tailored to you, you will not only quickly land in the red, but you also bet emotionally more quickly, which leads to thoughtless online bets. Therefore, before betting on sports outcomes, you should take enough time to think about your course of action and not bet on a gut feeling. This is especially important for beginners, as this can quickly lead to failure.
- We uncover the top 10 tips for a successful sports betting strategy.
- From removing your emotions to bankroll management these are essential pointers for those new to online gambling.
- Knowing basic sports betting terminology is the best place to start.
Online Sports betting is now part of the mainstream again. From Hollywood celebrities endorsing BetMGM, to sportsbooks sponsoring mainstay NBA & NFL teams. It’s not just for your dodgy uncle anymore, the youth of today are embracing it thanks to new regulations that make simple, legal and safe to bet on sports online.
In the beginning sports betting can seem like a daunting skill, which site do I bet with? Should I bet on my favorite team or not? We’ve all had to start somewhere and in this guide, we will cover the ten most important tips for those new to betting on sports.
1. Know The Basics of Sports Betting
Rule one – it really helps to know the basic terminology when starting off. It doesn’t necessarily translate to more profits but it will set you on the right track. Below are some of the most common sports betting lingo every beginner should know.
What Is A Moneyline Bet?
This is a fancy way of saying a straight-up win wager. It’s the most basic bet you can make on a team to win a game. The favorite is usually indicated with a minus (-), before the moneyline. While the underdog will typically have a plus (+) next to it.
Tampa Bay is a +165 underdog, while the Packers are a -195 favorite on the moneyline example below.
What Is A Point Spread?
Also known as “betting the spread” or “handicap betting“. This is the number of points or goals a team must win or lose by, set by the oddsmakers to make two unbalanced teams more balanced for sports betting.
Over Under Betting
Also known as the total. This is a bet on a particular statistic within a game or fight. For example in NFL the over under (o/u), is usually on total points scored, you can bet on it to be less than or more than the o/u figure.
In MMA a common over under bet will be on how many rounds the fight will last, for example over under 2.5 rounds. Learn more on how to bet on UFC fights online, with our comprehensive guide.
Types of Bonuses and Rollover Amounts
Sports betting bonuses come in all shapes and sizes. From risk-free bets, refer a friend offers, 100% match deposit bonuses. The most important aspect to keep in mind is the required rollover amount attached to any given bonus. The rollover is the total money that a player must bet in order to meet the requirement to withdraw the winnings of a bonus granted.
2. Expectations
Having realistic goals helps with expectations for any situation in life. Especially for those new to sports betting. There will be wins and oh boy there will be plenty of losses too! So just remember that.
According to JV Miller and J.R. Miller “Professional sports bettors rarely sustain a long-term winning percentage higher than 55%, and it’s often as low as 53 or 54 percent. If someone tells you they win 70%…or even 65% of their picks (at 11-to- win-10), you are talking to either a liar or a bad record-keeper.“
Like any major goal in life you’ll have moments where you feel like giving up. Once you keep at it and set realistic expectations, there is nothing stopping you making sports betting a fantastic hobby or even becoming a sharp bettor.
3. Bankroll Management
Don’t spend what you don’t have, the same applies to sports betting. Realistically any money you fund your account with you should consider it spent. So anything you win is really 100% profit, but just don’t forget how you won it!
Think about all the subscriptions you have every month, for example, Netflix, Spotify, ESPN+. They all add up right? The same would apply to every $20 you load your account with, ten times a month! So keep your monthly betting to a reasonable amount. By only loading your account once a month, it gives you clearer boundaries and will make game-time more fun – win or lose.
Advantages of setting a budget for sports betting
- Knowing when to stop after losing money.
- Helps with the thought process for more calculated bets.
- knowing when to stop after winning money, so you keep it!
4. Favorites vs Underdogs
This one you have to know. It the most simplistic way, minus is favorite, and positive is an underdog. Sometimes you will see both teams or fighters displayed as a minus, which indicates the betting line is closer – so this would essentially be called a pick ’em.
My advice here would be to place small wagers on underdogs that you have done your research on or received a tip for. Betting on huge favorites doesn’t pay off unless you have large figures to put down with minimal return. Combining a favorite and an underdog in a parlay bet can be an awesome way of achieving big payouts.
5. Bet With Head Not Heart
We’ve all been there our favorite team are a big underdog going up against the rivals who are heavy favorites. Our ego is to say go for it! Meanwhile, at the back of our mind, we know they’re carrying too many injuries and have had a poor season so far. It’s best to remove any emotional attachment you might have to the team or fighter you are considering betting on.
The same applies to combat sports, fans get passionate about a fighter from their home country and go buck wild with their bets – for example, fans who bet on Conor McGregor defeating Floyd Mayweather. Not only was the moneyline boasted from the influx of bets going on the Irishman but it was never a true reflection of the real implied probably of this mismatch exhibition fight.
6. Bet On A Familiar Sport
This one I love and can’t recommend more. It’s really quite simple, as many fans have a locked-in potential that can be applied to sports betting. I for one have tried my luck as particular sports I don’t fully follow or have been out of the loop, and it didn’t bode well.
The reason being you might have an edge on the oddsmaker especially if it’s college sports or an upcoming athlete you’ve been keeping tabs on who suddenly turned pro and the bookies are overlooking.
7. Line shopping
While your partner is out clothes shopping you can be line shopping. No not for fishing gear – I’m talking about comparing odds across various sportsbooks for the best value.
That’s what it’s important to sign-up with more than one betting site. Having access to at least two sites you can wager one, will usually give you the edge and provide bigger payouts for those winning bets.
How To Bet On Sports Successfully Make
8. Hedging Your bets
This is one of many betting strategies that I recommend you know for leveling up your sports betting knowledge. It simply involves placing wagers on multiple different outcomes of the same bet, in a hope that it will generate a profit regardless of the result.
This can be achieved by comparing odds aka line shopping as we covered in the section above. It can be hard to achieve due to sportsbooks having different vig standards, but it’s more of a slowly wins the race kind of money maker than a huge windfall.
9. Research and Be Part Of The Community
If you can join a betting forum then go for it! This is where you will find all the newest pieces of information from seasoned bettors on breaking odds, best bonuses, and sports betting tips for upcoming games.
10. Use an Online Recommended Sportsbook
At Betting Insider Journal we pride ourselves in only listing the best online sportsbooks to our readers.
As the sports betting industry grows, so does the noise. Which makes it difficult for new players who want to get involved, to find a site that they can trust with their money, offers great bonuses and promotions, and offer a wide range of deposit options.
I hope this guide helps you make more informed choices when it comes to sports betting. Be sure to check out our other list of sports betting guides to become more knowledgeable and successful at online gambling.