What is a sports betting strategy?
Simply put, a sports betting strategy is a system of betting that is intended to reduce the chances of sustaining a loss. Within that definition, there are numerous different variations, ranging from extremely complex systems (some of which require specialist software) through to very simple ways of betting (for example, one straight-forward strategy to increase profit from betting is only to bet a small percentage of your bankroll (the total amount of money you have available for betting) (1-2%) on each bet.
A sports betting strategy can comprise of anything from a single strategy through to a number of different self-imposed “rules” in order to increase the chances of success.
What is the best sports betting strategy for me
Almost inevitably, the best betting strategy varies from person to person. The right sports betting strategy for you depends on a number of different factors, such as: how much betting you do; how much time you have to devote to the strategy; how much investment you are prepared to make (certain software, for example, may make it easier to implement and sustain a successful sports betting strategy); personal perception of risk; whether you are working alone or as part of a syndicate; the type(s) of sport(s) you bet on; and several other variables.
Although there are a variety of characteristics which define a successful sports betting strategy, the two most important are probably consistency and caution! In just the same way as any other system, a sports betting strategy will only work if you stick to it. Particularly when you are on a winning streak, it can be tempting to throw caution to the winds, up the amount you’re betting and ignore some of the rules of the system. This type of approach is likely to jeopardise the consistent profits which are the hallmark of a sports betting strategy that’s working.
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How to win at sports betting
When it comes to working out how to win at sports betting, our four golden rules may increase your chances of success:
As indicated earlier, it’s no use having a strategy in place if it’s not adhered to! Whatever strategy you’ve decided on, it’s important to consistently apply it for long enough to see if it works or not. If you feel that your strategy has show some initial promise, but is now failing to deliver, it’s possible to use software in order to simulate the results you would achieve by placing larger number of bets using your system. Even if you’re experiencing significant short-term success, it’s important to remain committed to the strategy you’ve embarked on.
There is enormous interest in how to win at sports betting. The reality is that, just like everything else in life, it’s important to put the time in to find out which systems show the most promise. There are hundreds of systems online, each of which promises to make you the most! If you see a system that shows promise, taking time to check the track-record and integrity of its author is always time well spent. With so much misinformation on the internet, making sure that you can verify the value of a sports betting strategy before adopting it is vital.
Get comfortable with figures
Successful betting frequently depends on being able to do your sums! Even if you use software to run your system, being able to interpret statistical information in order to get a clear picture of what’s going in your chosen market(s) is important. Although interpreting financial data, calculating averages and similar activities may be arduous and time-consuming at first, they will become easier as time goes on. If you are serious about working out how to win at sports betting, acquiring a good head for figures is a definite advantage.
From understanding the definitions of commonly used terms in betting (such as odds, bet, lay, play through) through to being familiar with the terms which relate to sports betting in your chosen market (arbitrage and hedging in horse racing, for example, or the martingale or card counting if casino games are your chosen entertainment), making sure you know what the “terms of the trade” are is crucial. Not only is it important to be aware of what everything means when you are considering how to win at sports betting, it also enables you to take advantage of tips and tricks shared by other gamblers in your sports betting strategy.
Sports betting tips and strategies
Take a look at some of the most well-known and potentially successful tips and tricks that are designed to increase your chances of getting the outcome you want.
The 1X2 betting strategy is a well-known strategy for minimising losses. By betting on a particular event to both happen and also not to happen (through the placement of a lay bet), it’s possible to keep losses to a minimum. Remember that when you adopt this sports betting strategy, your lay bet covers any eventuality where the event does not happen. For example, if you bet on Crystal Palace to win a game against Real Madrid, the lay bet on this event would deliver a return should the game end in a draw, or a win for Real Madrid.
This strategy depends on having access live betting and is particularly useful for sporting events where there are a limited number of outcomes (for example team sports). Take a look at our full explanation of the 1.01 betting strategy to find out more. Essentially, this strategy involves placing a lay bet at odds of around 1.01 (so betting on the event not to happen), then transferring the liability from the lay bet to a back bet of 1.02 or greater once the match is underway. This will transfer the liability to the back bet and potentially result in a significant profit should the back bet be realised. In terms of sports betting tips and strategies, this is one which requires considerable knowledge of the market to implement successfully. Many people feel that is is a professional sports betting strategy and not one to be attempted by amateurs.
One of the most fundamental sports betting strategies: matched betting
Possibly one of the most well-known sports betting tips and strategies out there, matched betting is one of the simplest, yet most effective techniques to realise a profit. A matched bet is one where an individual has placed back and lay bets on the same event: so bet on all outcomes. If the odds are evenly matched there is little value in this in terms of a return. By picking favourable odds (in a similar way to the 1.01 strategy, but with the bets being placed prior to the event taking place), or by utilising special offers and bookmakers’ promotions, it’s possible to realise a profit, irrespective of the outcome of the event. This sports betting strategy is relatively simple to implement and does not require the detailed knowledge of the market which more sophisticated strategies demand.
Even the best sports betting tips and strategies are only likely to work if correctly understood and implemented. Particularly if you are considering trying some of the sports betting tips and strategies you’ve read about, giving them a “dummy run” which doesn’t involve your bankroll is often a good idea. Many people find it helpful to “bet on paper” using a new technique for a few bets (so only place the bets in theory, but then keep track of how the results would have panned out). This gives them the chance to make sure they understand how to implement the sports betting strategy before “going live”.
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Professional Sports Betting Strategy
Although simple sports betting tips and strategies can be used effectively as part of a professional sports betting strategy, there are a few techniques which are best used by punters who already have a good working knowledge of more basic strategies, as well as comprehensive understanding on their chosen market(s). Some of the best professional sports betting strategy options out there include: the Derby betting strategy; the “Pick 3” betting strategy; the over 1.5 strategy; and the 2-3 goals betting strategy.
Normally, a professional sports betting enthusiast will already be familiar with betting terminology and some of the simpler betting strategies (matched betting, for example). Usually with an in-depth knowledge of the market(s) in which they are interested, professional sports betters tend to have a cautious, highly analytical approach to their betting activities. They also usually have an ability to conduct meaningful statistical analysis of past events, as well as have a “feel” for which teams or individual competitors are at their strongest. Widely read on their favourite sports, a professional sports better will usually keep careful records of their profits and losses, as well as adopt a self-disciplined approach to their betting activities.
Characteristics of a professional sports betting strategy
Usually a professional sports betting strategy will involve techniques which are specific to a particular market, building on the more basic techniques (such as match-betting or 1.01 betting) that are the cornerstones of a sustainable gambling strategy. Horse racing, for example, has a number of professional sports betting strategy options, including techniques based around arbitrage and hedging. When it comes to tennis, the in-play tennis betting strategy is a sophisticated strategy that can give excellent results.
The main difference between a professional sports betting individual and an amateur often comes down to the degree of commitment displayed, rather than the type of sports betting techniques which are used. A professional is marked out by their organised, disciplined and consistent approach to their betting: a professional sports better may only use matched-betting or the 1X2 betting strategy. That said, they will apply it consistently in order to achieve their goals.
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Did you know?
- Younger gamblers are less eager to bet on the horses! Recent figures show they prefer to bet on team sports, such as football.
- At a global level, Australians bet the most per person! In second place are people from Singapore; US residents take third place.
- Globally, betting is the most popular form of gambling.
Sports gambling strategy: successful sports betting strategies
If utilised correctly, any of the strategies listed above will probably give a positive result over time. What is important when it comes to identifying successful sports betting strategies, is the calibre of the gambler implementing them. Take a look at some of our top tips for successful sports betting strategies.
Our top tips for a sports gambling strategy that works are:
- Start small and keep practicing: it will take time to build up the skills and knowledge needed to make your sports gambling strategy work. Be patient! View the goal as a long-term one and be prepared to take time to thoroughly understand what you’re doing.
- Don’t under-estimate the value of a dummy run! When it come to successful sports betting strategies, we recommend that you do plenty of “dry runs” before betting your hard-earned cash. Either use dummy software to model your theoretical success over a few weeks or months, or keep a paper trail of what you did and what the outcome was.
Use this tip for successful sports betting strategies
Particularly if you are considering a more advanced sports betting strategy, knowing your market is essential. We recommend that you subscribe to publications dedicated to your chosen market(s), as well as take advantage of any information you can find online.
That said, it’s important to check the bias of your sources! When it comes to successful sports betting strategies, good-quality information from reputable sources can really make a difference.
How to win at sports betting
Everyone wants to know how to win at sports betting! Obviously the ultimate aim of any sports gambling strategy is to product a profit. If you want to find successful sports betting strategies that work for you, our advice is to start small and do your homework before giving your chosen techniques a go.
Whilst it’s important to make sure you have researched your chosen successful sports betting strategies and have decided on a plan, there’s no substitute for actually giving them a go! Whether you start off with a dummy run (which we recommend) or start betting “live” with a modest stake, actually betting is crucial. The more experience you get, the easier it becomes to work out how to win at sports betting.
When people read articles on how to win at sports betting, the amount of stress on a disciplined, organised approach can be off-putting.
If you are considering implementing successful sports betting strategies, it’s important that you actually enjoy sport and find the markets that you’re working with interesting. Because of the amount of knowledge required, you will be spending a considerable amount of time researching and learning about the key sporting professionals, events and game play.
To get the most from the experience, try to view sports betting as an enjoyable addition to your love of a sport, rather than as an onerous occupation.
Did you know that records of sports betting date back over 2000 years! Sources suggest that betting was a popular form of entertainment back as far as the days of ancient Greece, when records show that bets were placed on a variety of athletic events!
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Online Sports Betting Strategies – Conclusion
Naturally, most people who are interested in sports betting want to know how to win at sports betting. In this piece, we have given you the benefit of our experience to suggest not only some of the most successful sports betting strategies, but also the qualities needed to optimise the chances of your sports betting strategy giving you the results that you want.
Whether you’re hoping to make a full-time living from sports betting, or simply want to try to turn a small profit, adopting one or more of our strategies could give you the skills you need to achieve your goals.
Get in touch with us to find out more about sports gambling strategy options that many people have found to be of value over the years.