There are plenty of ways to maximise your earnings when playing online. For starters, by using the best online betting sites and they can be found here. But if sports betting is your jam, you’re going to need to step up your game to have your bets coming in.
Sports betting is a huge industry and the reason it makes so much coin is simple; most people lose. So you need to be better than most people. By following our useful tips below, you can evolve from part-time hero to professional punter in no time.
1. Start off Slow
If you’re just beginning, you need to understand that most people who bet lose. If it wasn’t the case, book makers would be charities rather than a business. So the likelihood that you will be one of those that lose more than win is inevitable at the start. Take it on the chin and focus on the long game. Every time you lose, just learn a little from it and you’ll be one step closer to your goal.
2. Set a Budget and Stick to it
It’s imperative that the money you wager is affordable and sustainable compared to your income. Betting above your pay grade is a fool’s errand and it won’t last. By only betting what you can afford to lose, you will stay around long enough to learn something and turn your luck around.
3. Bet with your Head, not Your Heart
Many professionals will make it a rule to never bet on their team. It’s a conflict of interest. How can you be expected to remain unbiased when you are going against your instincts. If you are serious about making it as a pro, separate business from pleasure. It’s hard enough sometimes to bet on an archrival, let alone to write your boys off.
4. Don’t Spread Yourself too Thin
Choosing one sport that your knowledge is strongest in is a great idea. But when that sport has so many different leagues, teams and games, you need to keep it simple. Focus on what you know and forget about what you don’t. You may think you know about the ins and outs of Barcelona because you visited Camp Nou in 2004, but if it’s not your major, it’s not your bet.
5. Don’t Stick to one Betting Site
Creating sports odds is not an easy task and with so many different games going on, it’s hard for companies to cover it all. So, they look at their competitors and match their odds. Not to the cent but enough to make it not matter. So you need to hunt around, find the random smaller sites that people aren’t keeping a close eye on. That extra edge, that tiny deviation, can easily be the difference between a profit or a loss at the end of the week.
6. Do Your Research
If you want this to work you have to put in the hard yards. Nothing comes without hard work. Put in the effort at the start of the week to find out who’s injured, who’s having a rest week and even personal issues. All of this can have an effect on not just the team but individual players, because you’re not just betting on a win/loss. At the end of the day, knowledge is power and power is money.
7. Learn to Love the Ugly Duckling
It’s a fickle world we live in and for most weekend warriors, they wash their hands of a team on the ropes. It’s crazy how fast the hero can become the villain and it’s just that hatred and shallowness that we will pounce on. As the public stop throwing their money on a solid team going through a small drought, that’s the very moment the odds get better and you can swoop in.
Remember, the whole industry is built on the back of losers. Mostly from the fans. But you are not a fan, you’re a pro and you don’t think with your heart. So use your head, bet with sense and follow the facts. Because you can make it, you just need to be patient.