5 WAYS TO WIN AT SPORTS BETTING
/ August 12, 2019 /
Sports betting is a great way to make watching sports more entertaining as well as it is a way to have exiting entertainment or even a chance to make money online. It does involve risk to lose, otherwise bookies would not make money, however there are ways to get around it and actually make profit from sports betting. In sports betting it is usually the ability to calculate and predict the probability of said event or outcome to happen and detect value of an outcome or a market and take advantage of it. Here are 5 ways to win at sports betting that you should consider before diving into this exiting hobby.
1. Be the Expert of Your Sport
It’s not only about which team is hot, which team has a loosing streak or which team was the best one last season. It is more about how the teams play, what is the style of the opponents, what injuries team player’s have or what kind of atmosphere is in the locker room. It is all about details. The more you know about the sport you are willing to bet on the better.
One of the biggest mistakes are those gamblers which blindly follow tipsters of a sport they know nothing about. Sure, you might hit the win couple of times but you will not make profit in long term by doing that. Especially in the beginning you should bet on sports and markets you know, on teams or leagues that you follow and have understanding of.
2. It’s not Always the Best Player on Paper that Wins
This should be pretty simple to understand; however, this usually is the thing that most gamblers make mistake on.
Those who follow ice hockey and NHL might recall the last season first round play-off series involving Tampa Bay Lightning and Columbus Blue Jackets. Despite the fact that Tampa Bay were the overwhelming leaders of the regular season with 128 points, got swept in the series 0:4 by Columbus which barely made the playoffs with 98 points. Although I was not expecting a 0:4 sweep I was expecting Tampa to lose and many experienced sports bettors knew that it is highly likely to happen since Tampa Bay had made too many unnecessary penalties in the season and it might cost them in the playoffs. And it did as Columbus snipers took advantage of the bad decisions made by Tampa. They had a stretch of 4 bad games and that ended their season. Odds were also really great for bettors who chose to bet against Tampa because most of the regular bettors placed bets heavy on Tampa just because they had far better points totals than Columbus in the regular season.
It’s not gambling if you always win! It is the easiest way to make money on sports. Learn all about Sports Arbitrage.
3. Place your Bets on Different Bookmakers
Since betting business is highly competitive importance of brand loyalty is high and bookmakers will do a lot to lure you to them and stick to betting with them. That is why you should do the opposite and place your bets always on the bookie that offers the best/highest odds for the outcome and event you want to bet on.
Simply put, be aware of what the competitors are offering before you place a bet. Great example would be having an account in Pinnacle which have vastly different odds and odd values than William Hill or Bethard. That way if you have accounts in all of these 3 bookmakers it is good chance that you will find great value sports bets. Since all of these bookies offer a lot of sports you may find value bets on almost all of the big sports like football, basketball, tennis and ice hockey.
4. The Fewer Selections, the Better
This should be obvious to most of bettors, but for some reason it is often the thing that gets them losing. If you’re betting to make money think small, not big. If your desired bet amount is in within the limits of what bookie is willing to accept, make a bet on singles.
Bookmakers get most of their loses from singles. Imagine a high roller placing a bet in amount of €10.000 on a single on odds of 1.6. When he wins bookmaker now has to think how to cover the €600 loss they made.
If you have done a proper research on the event and selection you should be comfortable to place at least a €10 bet on a single selection. I would not suggest you to go higher than a bet of treble as tempting as it may seem it greatly decreases your chance of actually winning the bet. Even combined bet of 5 heavy favorites still does not give you a great chance at winning it since a single mess up can have your bet lose.
5. Consider Underdogs
Often times it I simply smarter to choose an up-and-coming player in tennis rather than a top one, especially if the tournament is not that important or counts as exhibition match. Same thing would apply to ice hockey since mathematically speaking ice hockey out of all of the big sports like football, American football and basketball has the largest luck to skill ratio. Meaning that luck is a big factor in this sport and often the more skilled team can lose the game just because of some bad bounces or lucky puck redirections. That is why there are many upsets in ice hockey unlike basketball which is very skill dominant game and even with some lucky shots it’s hard to outplay a team that is more skilled.
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