Become more successful with these sports betting tips
Successful sports betting does not happen by chance. If you only make decisions based on your gut, you might as well be flipping coins.
There are indeed tips, tricks, and strategies that can be used to generate long-term success in sports betting. Knowledge and discipline are two important factors that can increase your chances at https://22bet.co.zm/ .
1. It’s all about value
Sports betting is all about value. In other words, what added value a sports bet has for the customer. Every stake should be seen as an investment that pays off with a certain probability.
However, this does not happen arbitrarily with any odds, but where there is value. This is the case when your own calculated odds are lower than those of the betting provider.
So the question is: Is the betting provider’s offer good enough to invest?
Anyone betting at odds of 1.95 on a coin toss should urgently talk to their investment advisor. In this case, the odds are below the actual probability of 50%, so it’s not a good deal. This principle also applies to sports betting.
2. Numbers take precedence over gut feeling
It is understandable why some people do this, especially fun bettors, but anyone who is betting on long-term success should first give their gut feeling the boot, or put it on the back burner. Success requires objective figures so that the probabilities can be calculated as accurately as possible.
However, this does not require advanced mathematics, just basic arithmetic. If you are also a bit handy with spreadsheet programs, you have the tools to be more professional in the betting business.
The aim is to draw conclusions about future events on the basis of measurable figures or to expose statistics that are visually correct but distorted. The probabilities are then used to determine whether you are dealing with value bets that will ultimately lead to a positive return. Gut feeling, for example, about how teams will cope with a previous defeat, is not worthless, but it is only one component of the overall analysis.
3. Have an understanding of the odds
Betting odds can be found everywhere with betting providers for many sports and competitions. But what exactly do betting odds mean, and how are they calculated? Two main aspects are important when assessing the odds of a betting provider: The first is the odds themselves, which contain a probability.
This probability indicates how high the bookmaker believes the chance of the event occurring is. It is important to compare this value with your probabilities or odds in order to discover investment opportunities.
But other aspects are included in the odds. This is primarily the bookmaker’s margin, which is calculated by adding up the probabilities of all possible events. For a 3-way bet, this is the probability of 1, X, and 2.
The value that lies above 100% is the bookmaker’s margin and ensures that the bookmaker will not usually come away empty-handed as long as the stakes are distributed approximately appropriately.
4. Sometimes make unpopular decisions
Emotions don’t have much place in sports betting, at least not when placing bets or analyzing them. However, many people are emotional and may be reluctant to bet on certain teams.
This could be the case, for example, with teams that have been able to achieve great success within a few years thanks to sponsorship money or investors.
Such teams can be an advantage, as there may be some value to be found here, as the masses are more likely to refrain from betting.
5. See sports betting as a long-term affair
A lost bet can be annoying, especially if it results from a late goal. Anger is understandable! However, one important thing is true: defeats and losses are part of the game.
Looking at a large number of bets, it doesn’t matter. There is no positive betting balance over a long period in which losses at individual points do not occur.
In the end, the decisive factor is whether a positive return is achieved over time. Apart from that, every new bet starts from zero and represents a new opportunity. So wipe your mouth and move on!
6. Combination bets rarely deliver what they promise
Some people think they are on the right track with combination bets. There are entire strategies based on them. The idea behind it is obvious: combining individual bets results in higher odds and, therefore, higher winnings. Betting providers often even advertise betting slips that turn a few euros into many thousands.
Sports betting is all about value, and combination bets are not excluded from this. For example, some people use a value bet and other favorite odds to get a little more out of it. Ultimately, however, each such encounter also increases the risk.