This makes every match exciting and gives you the chance to take a nice win. Many people bet on favorite teams, athletes or competitions, because they have the most knowledge and connection with them. A bet is then placed that seems to be a good choice purely on instinct. Although there is of course nothing wrong with this non-binding way of gambling, it is of course not the best method to achieve real results at non GamStop bookmakers.
Making a Living From Sports Betting Takes More Than a Few Betting Tips!
To help you on your way to participate in sports betting in a rational way, we have prepared the ultimate guide. We take you from beginner to expert in seven steps. Part of betting on sports is that you can win and lose. Even if you gamble as best you can, there is no guarantee that you will beat the non GamStop bookmakers. Even professional sports bettors only win between 53% and 60% of their bets. Furthermore, it is very important to gamble responsibly at all times.
7 Tips for Betting on Football and Other Sports
Follow the seven points step by step and read carefully to become more successful in sports betting!
1. Learn the Basics of Sports Betting Before Registering With a Non GamStop Bookmaker
The essence of sports betting is that you place a bet with a betting agency or an online bookmaker. Suppose Liverpool has to play against ManUnited. The betting agency will then determine, based on statistics, how likely it is that one of the clubs will win or that it will be a draw. They then adjust this estimate. They do this by including the bets of gamblers in the assessment.
Gamblers are given the opportunity to bet on one of the many options available. The possible multiplication of your bet is called the odds or the odds of the bet.
Betting example: Liverpool – ManUnited: ManUnited win 3.15 – draw 3.10 – Liverpool win 2.28
If you bet ten euros on ManUnited and they win, you get: 10 x 3.15 = 31.50 euros.
It is important to understand how the odds work globally. There is always a small advantage built in for the non GamStop bookmakers. It is never the case that you can bet on all outcomes and then always break even. If two boxers are completely equal according to the bookmaker, the odds for both will be around 1.95. At really 50/50 with no house edge you would of course expect 2.00 for both.
2. Choose Your Sport & Your Niche Wisely
It is important to choose a sport or a niche within a sport and mainly focus on that. It’s not that you can’t win if you focus on multiple sports/ athletes/ niches, but the chance is smaller. This is because knowledge that the bookmakers do not have can give you a lot of advantage. If you see value in something and the bookmaker does not, you can take a profit.
Realistically, you simply cannot know everything about all sports, athletes and teams. That is why it is advisable to specialize in a sport or niche and mainly limit yourself to that.
3. Follow All the News at Non GamStop Bookmakers
Directly related to Point 2. You should closely follow all the news surrounding your chosen favorite sport or niche. Do this, for example, by following social media accounts. Also check out all news websites. Do this every day of the week. A small piece of news, such as a minor injury or a cold in a top player, can make a difference.
If you have knowledge and others do not, you can use this to take profit.
Remember: bookmakers adjust the odds based on the bets. If a lot of people think a team is in shape, but you have knowledge that they don’t, you can take advantage of it. The odds for a win of the other team will be higher.
4. Self-knowledge & Objective Goals
Setting goals helps to stay steadfast. Set these goals for a specific period or budget. Be realistic about this. First, for example, choose a goal such as: break even this week with my budget. When this succeeds, you can set increasingly ambitious goals. Achieving goals provides overview and motivation, among other things.
5. Know Your Shortcomings
If you want to gamble purely for profit, you have to know your own shortcomings well. For example, important is:
- Realism;
- Analytical look;
- Gambling patiently;
- Stay disciplined.
If you know what your pitfalls are, you can avoid them. For example, make a list of your shortcomings or points where you are less strong. You can review this list regularly to make sure you don’t make the same mistakes over and over.
6. Cultivate Extreme Self-Discipline
The single most important quality you must have or teach yourself is discipline. Don’t gamble impulsively if you really want to win. There is no such thing as a bad or good series. Each bet is again a separate opportunity. If you win a lot, you should therefore not suddenly start betting much more. Overcompensating for losses also makes no sense.
Keeping notes can help with this. It keeps you awake. Write down what you bet on and why. Link this also to the management of your budget (see point 5.). As a result, you always have a good and objective overview. You may also be able to observe trends and, based on that, remove errors from your strategy and become better at betting.
As far as you can, turn off your emotions and look objectively. In addition, you must have the discipline to stick to your budget and trust the statistics and the long term.
7. Budget Your Bets
One of the most important points is sticking to your budget and using your play money wisely. Although it is possible to win money over a certain period of time, you will also lose. Therefore, never bet more than you can afford and determine before you bet on sports how much you can miss.
In addition, choose to bet a maximum bet per bet or per match, or event. This again has to do with discipline. Therefore, sometimes literally, don’t put all your money on one horse. With smart management of your budget you have more chances of winning and at least spreading your winning chances a bit is wise.
