When browsing the web, you’ll surely find lots of recommendations on how to achieve sports betting success. 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 successfully bet on sports.
Remember that successful 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 system. You can follow our pieces of advice and choose your favorite sports betting strategy.
In this post, we shortlisted the best, time-proven betting strategies for beginning bettors and experienced professionals. They will surely save you money and make you feel the joy of winning!
Manage Your Budget
It’s the main rule that you need to follow, making your bets online. If you don’t control your budget, no one can. No matter whether you are an experienced sports bettor or a professional in this niche, you have to determine how much money you may spend.
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.
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, 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 while sober, 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.
Research Before Placing Your Bets
When analyzing all the sports betting tips, we couldn’t pass by 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 your selections are the winners.
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 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 must be taken into consideration. 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 home and abroad.
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 bet 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 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 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.
Develop Realistic Expectations
Once you make a bet, you probably start dreaming of a luxurious life, yeah? But you shouldn’t run before the hounds. Mind that even the greatest 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.
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. 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.
Moreover, you need 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.
Consider Parlay and System Bets
Let’s begin with the basics. A parlay is a combo bet where you need to group them into one wager. When using a parlay bet, the payout is usually greater, and you risk less. However, all the chosen teams must win. If at least one team loses, the entire parlay loses. Parlay wagers are very attractive for the 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.
System bets have also become extremely popular in the past five years. When choosing this option, you can also win even when you don’t get absolutely every event/leg correct. In this case, the risks are lower compared to parlays, but your potential profit is also lower. Experienced bettors prefer using this strategy when dealing with too risky games.
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 bet, 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.
Choose between Pre-match and Live Betting
With a wide array of 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 — prematch and live betting. Let’s have a look at both terms in greater detail.
If you choose prematch 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 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 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 Parimatch website or a handy mobile betting app!
Know Your Bookie
The modern market is overloaded with 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 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 a decent experience in the 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, there’s also 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 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!