Can I Truly Get Better Chances when Betting on Sports?
First and foremost we would like to remind everyone that there is no sure bet. Betting should be first and foremost fun. Be responsible when making your wagers. It is possible to become better at betting on sports with time, but there is no guarantee. Remember, though, that sports betting is a game of chance, and a lot will depend on luck. Punters will often place bets without considering that there’s a real risk of losing a lot when wagering. So bear that in mind at all times.
If you’re looking for a way to become successful fast, then sports betting tips and guides online may help you to a certain extent only. Nobody can promise you a sure result in the end of the day.
A good start for becoming more responsible with your wagers is knowing where to gamble on a safe and legitimate site. It all comes down to choosing the right bookmakers, preparation and knowledge, although experience, practice, and persistence.
There’s a lot of readily available information online that can help you with your tactic at sports betting. Ultimately, it’s up to you to decide whether to do in-depth research into the world of handicapping and statistics or to continue relying on chance alone. The choice is yours, but always follow the rules and try to bet responsibly.
Sports Betting as An Active or Passive Activity
We’ll say it again – sports betting isn’t a way to spend your leisure time all the time. There are only a few punters that use it as a hobby and we advise against it. Do treat it like an activity you must be mindful of. Study numbers and statistics, practice your analytical skills, and continuously search for usable information and updates.
Yes, some players regularly visit sports betting sites, but this isn’t advisable either. Remember to wager for fun and set yourself so limits. All experts in wagering spot value bets and evaluate important information and statistics most of the time. The time they spent betting is much less.
In general, most bettors will wager occasionally when they are well-informed of the match. Even then, they’d need to put in quite a bit of work to search for the best promo code offers, and thus improving your chances of making a correct prediction.
Sports Betting Millionaires – An exception, and not the rule
As we mentioned previously, there are many risks involved when it comes to sports betting. There’s a genuine possibility that you could lose everything if you’re not careful, and there are many sad testimonials that back this up. That said, there are a select few that have been fortunate in the sports betting world.
Here are two successful punters – Tony Bloom and Matthew Benham. And once again we want to point out that this is an exception, and not the rule.
Tony “Lizard” Bloom
When it comes to sports betting in the UK, Tony Bloom is probably the most well-known sports bettor out there. He’s the owner of Starlizard, a betting consultancy company, and he owns Brighton Football Club.
Matthew “Moneyball” Benham
With a nickname like “Moneyball,” the first thing that comes to mind is that he loves the movie, Moneyball. That’s not the case, but his life story is about as close as it gets.
Matthew also owns a football club, Brentford FC. Benham made his millions on sports betting through exploring and examining the KPIs, statistics, algorithms, and the philosophy around everything regarding the sporting world and betting. His research and tenacity are what made him such a successful bettor and not sports betting per se.
Important Tips for Sports Betting
Upping your chances at sports betting isn’t as easy as you might think. You’ll earn valuable experience and gain useful knowledge that can help you place more successful bets in the future.
Before you start your journey, though, you’ll need to prepare. Any professional bettor will tell you that preparation (finding good mobile betting sites, for instance) is important when placing a bet on any sport. Be responsible in your preparation. We’ve listed a few tips below to help you get started.
Trying to become a jack of all trades is one of the biggest mistakes that any beginner can make, and professional bettors will tell you the exact same thing. Stick to what you know and do your own research. Find out what your strengths are and ask yourself: “Where can I get the upper hand?”.
Set yourself strict rules and make sure that you stick to them, even if it affects you emotionally. The best advice that we can give you is to become a specialist in the sports you’re betting on. That’s the only way of getting some minimal advantage, however slight, over the teams that the bookmakers employ.
It’s always good to have a betting strategy. The problem that most punters have is deciding which sports betting strategy is best.
There’s a massive number of betting strategies available online for free that you can use. Once you found the right strategy that works for you and the sport you’ve chosen to bet on, you should carefully decide about how you’re going to use it.
Betting involves risks, and we can’t stress that enough. Many professional sports bettors will tell you to draw up a budget and set strict limits before you get started. Responsibility first! Only bet a minimum amount that you can afford to lose. Bet for fun and be responsible. Try to avoid professional bookmakers, where the limid are high and high rollers are welcome. A great way to do this is to put your wagering capital, and any withdrawn profits, into a separate bank account and forget about it.
Betting sites aren’t 100% accurate when they analyse statistics to determine their odds. That’s why you’ll often find that odds differ from one betting site to the next. Once you start learning to assess the different odds at betting sites accurately, you’ll be able to spot discrepancies and find value bets. Being able to do that is just one part of your staking plan.
Having a staking plan in place is an excellent way to protect yourself from losing big and betting everything you have impulsively. Only bet 2–5% of your bank, depending on your confidence in a bet.
Sports betting is like any other gambling and investment method. There are risks involved, and there are times that you’re going to lose. The only way to mitigate the risks, is to know what you’re doing and to do it consistently.
5 Top Tips for Punters
There’s no guarantee that you will get better and become a successful punter by implementing these tips, and we can’t emphasise that enough. You can use the tips below to act as a guide to help you get better chances through sports betting, but there are never any guarantees when it comes to gambling.
1. Emotional Discipline
One of the hardest things to manage when betting on sports is your emotions. Many punters have made the mistake of placing an impulsive wager or betting while their judgement is impaired.
Sports betting can be an emotive process and requires discipline. There’s a reason why many associations and gambling sites are dedicated to responsible gambling. Some of the compelling motivators around it are the highs and lows, respectively.
Not being able to manage your emotions while betting on sports is one of the biggest reasons many punters struggle with gambling addiction. Also, by being too rash, you may come across blacklisted bookies you should avoid at all cost. In other words, they gamble to chase those emotions and don’t bet to have fun anymore.
Your top priority here is to practice self-discipline.
2. Knowledge About the Sports You Bet On
Becoming successful at sports betting doesn’t require you to have extensive knowledge about all sports. Being familiar with the specific sport that you’re going to be betting on, however, can count in your favour. If you have in-depth knowledge of a particular sport, then you might be able to spot excellent odds or pinpoint statistical discrepancies that make for sound bets.
3. The Maths
If you love numbers, then you already have an advantage over most other punters. A strong understanding of maths and statistics are probably the best skills that you can have.
Keep in mind that betting is a game of chances and probabilities. With a strong understanding of the numbers, you can compete with statistical methods developed by sports betting experts employed by bookies.
4. Realistic Expectations
Having unrealistic expectations can wreak havoc on your motivation. You can expect a steep learning curve, depending on your existing knowledge, and you should invest the time to fully understand how wagering on sports works.
After all, sports betting might not be the best hobby for you to pursue. Keep in mind that it’s still gambling, and it comes with risks. You need to be able to manage the risks along with your expectations and keep your goals realistic.
5. Create a Plan
In our opinion, betting on sports should be for pleasure only. So no planning is really needed. What we mean by make a plan is decide how to be as responsible as possible without risking too much.
Become Successful in Sports Betting
Apart from the tips above, we also want to focus on the skills and attributes a successful punter should possess. Here are the main characteristics of pro gamblers.
Being great at predicting individual events is one thing; doing it consistently is another. You’re going head to head with the bookmaker, and you’re trying to come out on top. This is war, so preparation is key.
Hundreds of brilliant people are employed by bookmakers to both manage and enhance their profits. Your losses are their profits, and they don’t want you to get one over on them.
Luckily, you can always consult our betting guide for more useful tips. Plus, there are many mathematicians, programmers, and sports experts that would happily give away free advice to help you become more successful.
The important thing is to work on improving your skills continually.
To become successful at sports betting, you’ll need to be willing to put in the work. Having said that, it all depends on your level of motivation. It’s important to remember that motivation dramatically affects how much work you’re willing to put into it. It’s also not just about watching the game with the boys or using your betting app to place a bet.
Keep in mind that you’re going to lose, and probably lose quite often when you’re just starting. If you’re motivated and persistent, you’ll be able to use those losses to refine your skills and strategies. Failing to plan is one of the main reasons people fail in sports betting.
You may become better at sports betting, but this will be the result of a combination of hard work, experience, persistence, and a generous sprinkling of luck.
However, if you go in with the wrong expectations, you’ll find yourself demotivated after hitting your first losing streak. Worse still, you might chase your losses and completely blow your budget. Be careful never to let that happen. The bottom line is that gambling is an activity you will need to be responsible with at all times.