Does gambling allow you to win money in the long run? Sports betting does, but only so if you play smart and make use of specific strategies. So, what works and what doesn’t? Let’s take a look.
Focus on a single team
Got some two to three favourites? Focus on only one of these when you play a bet. Sports betting is popular around the globe, and there is too much variety to pick your favourites. Yes, you would be enticed to make multiple bets on a number of teams, but that is not going to work in your favour, not always anyway. Because rather than improving your chances, you are increasing uncertainty, and that is likely to back fire.
What if you bet casually? Maybe you can do it, but if you are new in the field, then put all your attention on just a single sport and bet on your favourite team.
Bet only 1% to 2% of your money
How much money do you want to spend on betting? Whatever amount you have, spend only a percentage of it, so that you don’t become broke. Even the best gamblers follow this simple rule so that they don’t put everything on the line.
Use betting systems
A betting system comprises of specific patterns that are followed in case of winning and losing streaks. One of the most famous examples is the Martingale, which allows to double bets after losing. Another example is the Labouchere system, which is more complex, but it involves you writing down a number series, and then adding the first and last of them to place a bet. If you win, you can cross off the two numbers, but in case you lose, you have to add the amount you lost to the series.
Assume the number sequence is given by 2, 3 and 4, which sums to 9, so you get a profit of 9 units once you have completed the sequence. Add the first and last numbers to get your first bet, which in this case, is six units. Should you win, you can cross of 2 and 4, and place 3 unit bet next. And if you lose, you put 6 at the end of the sequence, which gives, 2, 3, 4 and 6. Now, your next bet would be 8 units.
Betting systems spice up play, bring variety and let you put in more units. They are offered by many online websites and sport betting apps.
Fade the Public
As the name implies, you place a bet against the public’s opinion. Generally, brokers set lines by thinking of the most likely approach that the general public will take. They aim at a line that draws 50/50 action, not on predicting the actual outcome.
So, why should you go against everyone else? Because, this is how you get an edge. How do you know what the public is betting on? Do some homework. Does the game involve a past winning team? Is one of the players a hot chunk who makes his fans drool? Does the team get a lot of media coverage? Think from different aspects, and you will identify which team the public has side up with.