Online sports betting is definitely a great way to make money. However, they are not without risk. According to ARJEL (the online gaming regulator), 97% of gamers lose money. Therefore, it is extremely important to prepare well before entering the arena. This includes implementing the winning technique. Here are five tips on how to properly bet on sports online.
Place single bets
The combined bet is practiced by almost all players. However, this is the worst mistake. The reason is very simple: the more the number of matches increases, the more the probability of losing increases, and exponentially. A combo bet allows the player to bet small amounts of money, building up a series of "implied safe odds" in the hope of winning big.
Experience shows that 100% safe coasts do not exist. There may be surprises: there is always a risk that small ribs will not pass. The chance that the combined bet will win is very low. When this happens, the gain is usually used to cover previous losses (or those that are sure to follow).
With this technique, the player cannot be profitable in the long run. It is always better to make simple bets For those who, in spite of everything, want to resort to a combined bet, it is recommended to use bonuses and promotions of bookmakers. Curious about the highlights of the Liverpool vs. West Ham match? Our article, "Three Things Spotted v West Ham as Liverpool Go Four for 3-1," breaks down the crucial moments that led to Liverpool's 3-1 victory. Check out this link for a detailed analysis.
Do your tests
The player is strongly advised to select a single match and properly analyze it. There are several elements to consider: news of the sport the player wants to bet on, news and form status of each protagonist, possible absences, statistics, match history, weather, etc. There are sites that specialize in this. It is also important to look at each team's upcoming schedule in order to determine the stakes of the meeting. It can be very wise to follow sports betting experts (professional tipsters) to select those with the best return on investment (ROI). Which Las Vegas casinos have the highest payouts, see this link.
Finding value bets
The concept of value rate is subjective. It is about assessing the percentage of success of a previously made analysis. To do this, the player must make a simple calculation between the odds set by the bookmaker and the probability of success he gives to the event. This technique makes it possible to refine its analysis, to take advantage of the small mistakes of bookmakers. Value betting is rare. The player should definitely take advantage of this when he finds it.
Protect your bets
Protecting your forecasts allows you to avoid unnecessary risks. The best strategy is probably a draw without a bet, i.e. a refund in case of a draw. To do this, the player places two separate bets on the same match. Let's take as an example a match in which the main bet is a draw option (odds 3.5). The secondary bet is the victory of the favorite (odds 2). The player's total bet is 30 euros. To determine the stake required for the returned bet (whose odds is 2), simply divide €30 by 2, which is €15. The bet amount required for the main bet is €30 – €15 = €15. Three scenarios are possible:
- the match ends in a draw. The winnings will be €15 x 3.5 = €52.5;
- the match ends with the victory of the favorite team. The winnings will be €15 x 2 = €30. The player is reimbursed:
- the match ends with the underdog winning. The bet is lost.
- Manage your bankroll wisely
The concept of a bankroll is extremely important. Bankroll refers to the budget or capital earmarked for sports betting. Most players don't have it. She is content with the anarchic way of making combo bets. With each losing bet, she returns the money to her account. The interest of the bankroll for the player is to avoid gambling with the money needed to live.
That's the concept of money management. The player must be strict in managing his capital without fail. Without a good strategy, he risks going bankrupt. Each rate should be tailored to your budget. Professionals recommend never betting more than 5% of your bankroll. Another serious problem of the bettor is the small size of his bankroll. The latter can use bookmaker bonuses to increase it.