Why Use Tried & Tested Strategies
We all know punting is an activity you can do for fun only while being responsible and reasonable at all times. Therefore, most punters wager on sports only to have fun, and as a way to hone their knowledge of sports. It is highly unlikely to take wagering as a full-time activity and we do not recommend it. Punt only occasionally and after much preparation.
The best way to be as responsible gambling as possible is to choose only online bookies or sports betting sites that are legit and trustworthy. The bottom line here is that no matter the site wagering remains a gamble. Remember, any kind of betting is a game of chance. You’re going to be successful sometimes, and you’re going to lose some bets, so prepare yourself for that.
Now that we’ve gotten that important bit of information out of the way, we can get to the good stuff!
If you’re a punter, you’re probably already a fan of a sport, to begin with. Most sports bets are usually placed by fans who want to try their hand at turning their knowledge of a game into a bit of strategy that is tried and tested by punters.
Your chances of playing on betting sites without risking too much depend on several different things. There are things that you can control, like math and statistics, information analysis, and bankroll management. Then there are the factors that you can’t control: player injuries, weather, cancelled games, and so on.
If you want to increase your chances of risk-less sports bet, then there are a few things that you can do. Read on to find out more about it.
Top Tips – Best Practices for Sports Betting
Whether you’re new to sports betting at online bookies or not, there are a few things that you can do to lower the risk when gambling. We call these ‘Best Practices’, and these techniques are about more than just picking the best betting options. Before you place your next sports bets online, see if you’ve followed these best practices.
Preparation is essential when it comes to sports betting. One of the first things that you’ll want to do is find trusted licensed bookmakers for you to open an account with. Thankfully, that step should be easy to get out of the way. If you’re not sure about sports betting on a specific sportsbook, then you can check out our reviews and comparisons.
Preparation should also include setting up a budget and doing research into your chosen sport. We cover these, and more, below.
2. Bankroll Limits and Management
Setting up your bankroll is arguably the most crucial step before you bet on any sports. Remember, these are only the best practice tips and aren’t required before you start wagering. With that said, let’s assume that you’ve already registered at your chosen bookie, and you’re ready to start your sports betting. Don’t start placing your bets just yet!
First, go to your account settings and set restrictions. On most betting sites, you can set deposit and withdrawal limits, as well as your sports betting limits. Consider your budget carefully when you set your limits. And don’t be tempted by welcome bonuses unless their wagering requirements will allow you to risk less of your own cash. Set the limits accordingly. Be responsible!
Be ruthless. You want to make it as hard as possible to squander your budget on impulsive wagers or chasing losses.
3. Sports Selection and Research
It’s a good idea to start betting on just one sport before you start spreading out to others. The best place to start would be betting on a sport that you’re intimately familiar with or have been a fan of for a long time. The better you know a sport, say you choose football bets, the higher the chances are that you’ll be able to use the information you know to determine an outcome accurately.
4. Sports Betting Strategy
We’re not telling you that there’s a sure-fire strategy out there. Many free tips and betting guides give punters advice about betting on particular sports. Online communities are filled with bettors who’ve been playing on sports betting sites for years, and they just love sharing advice and strategies. Find the best one at Efirbet as we are punters with lots of betting experience and know-how.
Things You Shouldn’t Do in Online Sports Betting
There are risks involved when trying to find a tried and tested strategy. Beware of the risk using strategies involve. And above all else, try never to do the warning signs of irresponsible betting outlined below.
DON’T Chase the Big Score
Every sports punter hopes to make it big, even if they only bet recreationally. In the back of our minds, we’re always hoping that maybe, just maybe, the next bet will change our lives. But that will hardly ever happen. Of course, there are risk-less strategies, but they are hard to come by. Plus, finding the perfect opportunity to use them is rare. There’s nothing wrong with hoping for a better experience when wagering, but when it starts to cloud your judgement, then you’ve got a problem.
Don’t get so caught up in chasing that elusive big score that you forget to bet logically. Don’t chase your losses, and don’t take unnecessary risks. Sometimes, slow and steady can still finish the race.
DON’T Bet While Emotional or Drunk
If you think it’s hard to avoid chasing losses or placing risky bets when you’re sober, try doing it when you’re drunk or emotional. Placing an extremely risky bet and losing is probably more likely than the odds of you picking the right outcome.
AVOID Trusting in Systems
Are there betting systems out there? Of course, there are, and many punters would like to get to know more about them. That’s precisely why there are so many false systems out there, and the creators can take advantage of eager punters.
Don’t place your whole trust in a system. Even those bettors who use their own mathematical systems test don’t blindly bet on a predicted winner. There’s absolutely no reason to depend entirely on a sports betting system. You’re far better off joining betting communities and asking for advice.
DON’T Blame Bad Luck
Sports betting is a game of chance – we’ve said that a few times now. That doesn’t mean that you can automatically blame bad luck every time you lose. It’s an easy excuse, and it’s often the gateway to chasing your losses.
Anyone can hit a short-term losing streak, that’s certainly true. But doing it when on betting sites for professional gamblers seems way better than at some shady bookie. But if it turns into a long-term series of losses, then it might be time to re-evaluate your data and sports betting strategy. There might be some bad data that’s worked its way into your research, tainting your bets in the process.
Sports Betting Strategy – Value Betting
When you’re new to sports betting online, you might be wondering what strategy to use. There are many different strategies, and choosing the ‘best’ one comes down to your preferences and betting style. Most beginners, for example, stick to betting on their favourite sports or pick likely winners based on a bookie’s listed odds.
Can you risk less using those methods? Absolutely, yes. If you’re looking for a tried strategy, however, you might have to adjust your expectations. These are safe strategies, but they’ll rarely reward punters with sure success.
Experienced bettors often use something called the Value Betting strategy. When done right, a value betting strategy can deliver more consistent results. That said, it involves quite a bit of work, and, as with any type of sports betting strategy, luck still plays a big role.
It’s important to keep in mind that value betting is a long-term sports betting strategy. You’ll need to have a thorough understanding of why bookies have different odds, how they calculate them, and how to create your own for comparison. Confidence also plays a part, as does determination, and a lot of work and research.
Like any punter, an online bookie will also start by gathering a lot of information. The bookmaker’s internal or external team will analyse a massive amount of data about any given sporting event, and then use that information to set odds on different outcomes. It may also price the odds up slightly, thereby creating a safe profit margin.
Even with its expert teams and analytics, bookies can’t predict an outcome 100% accurately. An experienced bookmaker can make mistakes, misprice odds, or come in higher or lower than the actual probability of an outcome. Those discrepancies are where experienced punters can find value bets.
The coin toss analogy is used most often when explaining value bets. When you toss a coin, you’ve got a 50-50 chance of heads or tails. When you go to place a bet, though, you’ll find that the bookie has listed the odds as 50% for heads, but 45% for tails. You did the research, and you know that the odds are 50% each, but the bookie has lower odds. There’s your bet.
Basically, a value bet is a bet where the bookmaker’s odds are lower than the actual odds. Value bets exist, but finding them is the tricky part. To be able to spot a value bet, you’ll first need to be very well informed and capable of determining your odds. You can compare odds on sports betting sites to your own. Doing this will allow you to see if there are any notable differences.
Here is a simple fact. We love 1xbet for its great odds, but that might make it a bit harder for you to find a value bet. It’s always a good idea to compare your odds to those at different bookies, and this should give you an idea of what the average odds are.
No betting strategy is perfect. You’re going to be placing a lot of bets online. It’ll take time and practice, and a lot of trial-and-error. However, the more you work at it, the better you can become. As far as tried and tested sports betting strategies go, our favourite for betting online is a value bet strategy.
Sports betting is a rollercoaster ride of risky bets. Luck plays its role in sports betting, but so does research, analytics, statistics, and experience. The important thing to remember is that sports betting will always have an element of chance. There’s no way to determine a sure-fire winner and, at some point, you’re going to lose a few wagers.
Hopefully, you now know a few things to help you to get the most out of your betting experience. Remember, with preparation, the right information, time, patience and persistence, you can increase your chances of placing risk less wagers on any online betting sites. Always play responsibly!