When browsing the web, you’ll surely find lots of the best sports betting strategies on how to achieve sports betting success and win money. However, you have to bear in mind that sports betting is not only about your luck. If you wish to be a winning bettor, you have to know how to make successful sports bets.
Remember that successful online sports betting requires time, skills, experience, and knowledge. However, we live in the 21st century, and there’s no need to think out and test your own betting systems. You can follow our pieces of advice and choose your favorite sports betting strategy.
In this post, we shortlisted the best, time-proven, and most popular betting strategies for beginning bettors and experienced professionals. They will surely save you money and make you feel the joy of winning!
Contents
1. Manage Your Budget
It’s the main rule that sports bettors need to follow to make their bets online. If you don’t control your budget, no one can. No matter whether you are an experienced sports bettor or a beginner bettor, in this niche, you have to determine how much money you may spend. By the way, Parimatch allows for deposits through various methods like Halo Pesa and Airtel, for instance.
Of course, a lot depends on your financial situation. You can’t bet more than you can afford to lose. When you determine your pre-ordained bankroll, you need to decide on unit size. There’s a recommendation for beginning bettors: you should stake no more than 1-5% of your bankroll on absolutely every bet.
Mind that you have to control your budget and shouldn’t only hope for the best. Experienced punters always make calculations before the events.
2. Never Bet Under the Influence of Alcohol
Some users don’t pay attention to this issue and lose money! If your overriding purpose is to win money, you should avoid betting under the influence of alcohol.
If you are betting drunk, your emotions take over, and your conscious mind is temporarily sleeping. Remember that you simply can’t let your emotions control the game. This may lead to making poor decisions and losing money.
Just have a look at all modern brick-and-mortar casinos; they all offer alcoholic beverages while gambling. When you are betting under the influence of alcohol, you don’t control the situation. However, Parimatch, as an online betting platform, never influences your decisions like that. With our website and app, you can bet any time of day and night when you’re in your best state of mind.
3. Research Before Placing Your Bets
When analyzing all the sports betting tips, we couldn’t pass this one. Before you risk your money, you have to do a little research to ensure your strategy is the best and the most effective one. It goes without saying that research takes time and effort. But in the end, you can rest assured that you will place a successful bet.
Firstly, you have to check head-to-head statistics. In all likelihood, these teams were playing against each other before. You only need to google this information, and you’ll understand which team plays better. For example, Manchester United has the best reputation, but we all know that they struggled against Swansea in the last few years. You have to consider this information while building your winning and long-term strategy.
Where do the teams play? This is another factor that makes sense to be considered. The stadium where the game takes place is an important research point. You have to explore the team’s stats for at least five past games just to find out how well they’ve been playing at home and abroad.
4. Understand Your Goals and Risks
We all are different. Some of us would rather risk, whereas others do a comprehensive research before money investment. However, if you want to learn how to wager on sports successfully, you must understand your goals.
You have to do your research and decide what types of bets you want to make. Some of us prefer betting on home underdogs or improbable events. In this case, long odds attract them most of all. But some people prefer smaller profits. It is clear that they don’t win whaling sums, but they win more often.
Some players prefer building their own right betting strategy based on their previous experience. They spend more time learning the history of players, their biography, state of health, etc. However, they actually invest time learning this information.
You may bet every day or once a month. If you are a newbie to this niche, you must understand your goals and what results you want to achieve.
5. Develop Realistic Expectations
Once you make a wager, you probably start dreaming of a luxurious life, yeah? But you shouldn’t run before the hounds. Mind that even professional bettors win only 60% of their bets. No wonder you want to achieve the same results as soon as possible. But even if you win your ten bets, you’ll probably come crashing back to the earth.
You have to remember that betting is not only about luck. Therefore, you need to set realistic expectations. Otherwise, you’ll make mistakes or even get discouraged. Remember that disappointed expectations are the fastest killers of bettors. When you set realistic goals, you’ll be more focused and never misinterpret your results.
Moreover, by developing realistic expectations, you’ll also prevent yourself from getting discouraged when you lose.
6. Bet on One Sport
You probably want to have your cake and eat it, but this rule doesn’t work when it comes to gambling. According to the best sports betting strategies, it would be better for you to invest in the games that you know well enough. If you are new to this niche but you eagerly want to try your hand at gambling, you have to spend some time learning the rules and betting peculiarities of one game.
The best strategy to place a successful bet is to make sure you know the rules of this sports game. When you know how the game is played, it is easier to predict the results. You know the members of a team, their hidden abilities, track their records, etc. Simply put, you know well enough how to evaluate all the players and where to get information about their achievements. A successful bettor knows everything about this or that player. That’s why you have to bet on only one sport (if you are a beginner). This is the main rule that will undoubtedly help you find the smartest and most profitable wagers.
7. Consider Parlay Bets
Let’s begin with the basics. A parlay (that sometimes calls an accumulator bet) is a combo bet where you need to group them into one wager. When using a parlay bet, the payout is usually greater, and your risk is less. However, all the chosen teams must win. If at least one team loses, the entire parlay loses. Parlay wagers are very attractive for gamblers because, in this case, they have a fair opportunity to win a decent sum of money. Remember that when you make a bet using a parlay betting system, you can easily increase your bet after every win.
We shortlisted the main advantages of parlay betting:
- Very easy to hedge. When you hedge your bet, you’ll easily add to your payout and stem risks. Remember that if you parlay three or four teams to win together, to hedge this bet, you also need to make bets on all these games individually (for a lower amount). In doing so, you’ll add more to the pot.
- You’ll have a chance to get big payouts.
- Very easy to add on.
8. Learn the Point Spread
If you want to achieve success in this niche, you have to learn how to deal with the point spread — a line that oddsmakers usually place on a game. In Europe, this betting type is called a handicap.
It is often used in football and basketball betting, as well as other sports. Let’s look at an example with an American football match:
- New York Giants: +4.5;
- Dallas Cowboys: -4.5;
In this case, if you want to place a wager, you need to analyze the abilities of both teams and decide whether the Cowboys are 4.5 points better than their opponents, and make predictions if they can win the game.
Before placing your bet, you have to learn everything about this team and learn the point spread.
9. Choose between Pre-match and Live Betting
With a wide array of sports betting options to be out there, it can be very hard to decide what type of bets to choose. If you are a newbie bettor, you feel undecided, especially when it comes to choosing between two options — pre-match and live betting. Let’s have a look at both terms in greater detail.
If you choose pre-match betting, you need to set your bets based on the results from the previous matches. Simply put, you have to analyze the outcomes from the earlier games.
If you choose live sports betting, you need to place your bets after a match has begun and until the game ends. When dealing with this strategy, you have to follow this game online and make your predictions based on the general performance of the players.
If you are currently looking for the best sports betting platform where you can try both betting options, Parimatch is your number one choice. We’ve got both live and prematch odds to cater to the needs of all types of players. No matter where you are, you can place your bets within a few clicks with the Parimatch website or a handy mobile betting app!
10. Know Your Bookie
The modern market is overloaded with sports betting options, but you have to remember that your success in this niche depends not only on your experience and knowledge. You need to choose your bookie wisely. A bookie or bookmaker is someone who sets the odds, accepts and places your bets, and makes payouts.
If you are going to give online sports betting a shot for some extra bucks, you have to be very attentive and choose only reliable and time-honored platforms. This is where Parimatch jumps in! By now, we’ve got decent experience in the sports betting and gambling area. Being on the market since 1994, we got an excellent rating among players worldwide!
Parimatch is a fully licensed platform with many sports and games to choose from, a variety of betting types, and fast payouts. Moreover, betting providers like Parimatch have a mobile application to make your betting in Tanzania more convenient. If you have some questions about odds, wagers, or betting types, you can contact our support team, we will be glad to help you!
As you understand, being a good sports bettor takes time and skills. You can’t win a million by placing the first bet at a rough guess (but who knows, maybe you’ll have a stroke of luck!). Still, for a more reliable outcome, you’ve got to learn the world of sports betting inside out.
Now that you’re familiar with the best strategies in sports betting, it’s time to practice. We wish you enjoyable and fruitful betting!
FAQ
What is the most successful betting strategy?
You have to employ various strategies to ensure you win the most success. The number one strategy to develop in all your battings is to have full knowledge of the game and teams involved. Next, during the actual betting, avoid chasing losses or over-betting – over-gambling can eventually eat into your pockets real quick!
Which bet is easiest to win?
Double-chance bets are the easiest to win. This is because no matter the game or results, you will also have two winning outcomes out of the possible three, increasing your winning chances.
What is the best strategy for sports betting?
You have to integrate different strategies to experience the most success. In addition to your knowledge of the game, you have to incorporate other skills such as money management, understanding the bookmaker, and the overall betting process.
What are the best betting strategies?
Some of the best strategies for sports betting recommended by Parimatch include;
- Budget management
- Avoid betting under alcohol or drug influence
- Research the game and team/players before betting
- Understand the goals and risks – be realistic!
- Stick to one sport
- Choose between a pre-match or live bet
- Know your bookmaker
How can I improve my betting skills?
The easiest way to improve your betting skills is by equipping yourself with the right knowledge of the game, teams, and/or players. When starting, stick to one type of sport so you can master it much easier. Next, familiarize yourself with different betting technicalities and strategies to improve your chances of success further.
How to win bet everyday?
Winning a bet every day is challenging as outcomes in sports and other events are unpredictable. However, some strategies may improve your chances. Conduct thorough research, analyze statistics, and stay updated on team news and form. Additionally, practice proper bankroll management, avoid impulsive betting, and consider focusing on specific markets or sports where you have expertise.