Betway is a leading online bookmaker, founded in 2006, known for its wide variety of football events and markets. While navigating the website, you’ll find all the top leagues, including the English Premier League, the Spanish La Liga, and Serie A. There’s also the UEFA Champions League and Europa League if you’re looking to wager on the best of the best.
But how do you get started? We know how difficult getting into sports betting can be, especially if you’re a beginner. Luckily, we’re here to help. While you won’t be able to guarantee a win, you can rely on tried and tested strategies that may help you get an advantage.
We compiled the top how to bet on Betway and win tips to help you get the most out of this bookie. Have a look at our Betway winning tips below:
What Is The Winning Method In Betway?
Many ask us “What is the winning method in Betway?”, but unfortunately, there’s no foolproof way to win your sports wagers. However, that doesn’t mean it all comes down to luck, as sports betting involves a lot of skill and knowledge.
One of the best ways to improve your odds is by learning a few Betway winning tips:
- 1. Conduct your research
Nothing beats conducting your research before placing a sports bet. This requires looking into the team’s current standing, past matches, individual team member statistics, and season’s goals.
- 2. Obtain updated information
Following an event up to the last minute is often a great way to achieve positive results. Not only will you improve your knowledge, but you’ll also be aware of any potential mishaps that can change the odds, such as last-minute injuries.
- 3. Don’t bet on your favourites
Even though betting on your favourite team is fun, we don’t recommend it. This is especially true if your team is the underdog. Betting on your favourites can heavily influence your calls, which can cost money.
- 4. Try live betting
In addition to offering fast-paced enjoyment, live betting can offer better odds compared to traditional sports wagers. As you’re betting live, it’ll be easier to make informed decisions as you can evaluate the game’s state on the fly.
- 5. Don’t bet before the match starts
Unforeseen circumstances can quickly ruin a pre-match bet, especially if there isn’t a cash-out feature available. This is one of the reasons why we don’t recommend betting before the match starts. Live betting can be more beneficial because it avoids this issue.
- 6. Avoid long accumulator bets
Accumulator bets consist of betting slips with two or more selections. However, you’ll have to get all of them right to win. Since the total odds are higher, the probability of winning all selections is lower. As such, you should avoid placing long accumulator bets.
- 7. Use strict bankroll management
Bankroll management will help you to control your spending on wagers and make better decisions about which bets you should place. Avoid betting more than you can afford to lose, and don’t bet more than 5% of your bankroll per event.
- 8. Track your bets
Keep track of the bets you place. This allows you to understand your flaws and find ways to improve. You should keep track of the odds, bets, results, and payouts.
- 9. Master your timing
Timing is everything, especially when betting live. A few seconds can make a massive difference in terms of the odds. You must consider the match and determine the best time to place your bets.
- 10. Avoid being too confident
Confidence is a double-edged sword that can make or break your bankroll. Often, luck is responsible for your wins, not skill.
Even though following a Betway tip doesn’t guarantee a win, it’s still incredibly helpful. One of the ways to maximise your potential is by applying these tips to a strategy. Check out our list of Betway strategies below for more information.
Betway strategies come in all shapes and sizes, but with one thing in common: they can give you an advantage by maximising the odds, allowing you to control your bankroll, or letting you calculate your probabilities.
Betting strategies are all about adding value to your bets. It works by calculating if a wager’s odds are worth it. The value is the relation between the odds and the probability of an event happening.
Consider a match between Manchester City and Manchester United, where City’s odds to win are 1.80, and the Red Devils’ odds are 2.15.
By using a converter, we can calculate the probability of Manchester City winning is 55.6%. However, we believe the actual probability is closer to 65%. As such, our bet on City has better value.
This strategy requires betting on heavy favourites with very low odds. However, you should also pay attention to the bet’s value. You should only wager if you feel the odds match your assessed probability. Betting on favourites requires being extremely selective.
Off-market bets are a potentially Betway winning strategy if you know what to look for. Essentially, this strategy requires you to compare odds between several bookmakers in search of significant differences.
Let’s say Liverpool has odds of 1.34 on a specific bookmaker and 1.56 on Betway. It’s usually safe to assume that Betway’s odds offer more value. The strategy’s goal is to take advantage of these differences to maximise your stake’s value.
The Paroli system, also called the 1-3-2-6 strategy, is commonly used on casino games but can also be applied to sports betting. It requires you to increase your stake following a win and reset your bet if you lose. With this strategy, your overall wins and losses can vary according to the following table:
Fibonacci’s strategy is commonly applied to draws. It requires betting according to the following sequence:
This strategy is only viable for draw odds over 2.618. Let’s say you lost five bets in a row and won the sixth. At odds of 3, you’d place £20 in bets to win £24.
However, Fibonacci’s sequence has a significant drawback – losing streaks. For instance, if you lose 20 bets in a row, your total loss would be over £16,000.
The Kelly criterion method allows you to find the best possible bet for any sports event by calculating the probability and comparing it to the odds offered by the bookmaker.
Let’s say you believe the probability of Crystal Palace winning Everton is 15%, and the odds are 7.5. From here, you’ll have to calculate the value with the following formula:
- 👉 (Probability x Odd) – 1
- 👉 (0.15 x 7.5) – 1
- 👉 1.125 – 1
- 👉 0.125
Now you have to calculate how much you should bet:
- 👉 % Bankroll = Value / (Odds -1)
- 👉 0.125 / (7.5 -1)
- 👉 0.125 / 6.5
- 👉 0.019 – 1.9%
Based on your probability, you should bet 1.9% of your bankroll on this match.
The key takeaway is that there’s no such thing as a guaranteed Betway winning strategy. But that doesn’t mean you shouldn’t try to use one. Sports betting strategies have multiple benefits and can offer better results compared to betting blindly.
Now you know it’s possible to learn how to bet on Betway and win with a strategy (and luck!). Pair a strategy with the top Betway winning tips, and you’ll be better off than most sports betting enthusiasts.
Learn more about Betway winning tips and strategies with these FAQs:
What is the safest football bet I can place?
The safest football bet depends on the match itself. However, it’s generally agreed upon that double-chance bets are among the safest. This type of bet covers two out of three potential outcomes – win, loss, or draw.
How do you predict a football match result?
Accurately predicting a football match result requires paying attention to several variables. In general, you should consider the number of goals scored in past matches, the current team form and the position on the league table.
What bets have the biggest odds?
The highest odds are usually seen in future bets. This is because they’re backed by an entire season of matches, which can significantly affect the odds. For instance, Leicester’s odds of winning the 2016 Premier League were 5,000.