To conclude our guide to getting started in sports betting, we now turn to a very important subject: winnings! Once you have understood how the odds work and reviewed the different types of bets, your main goal is to win your bets.
But before finding out how to make the right predictions, you need to be aware of your real expectation of winning.
Can you get rich playing sports betting?
If you are still asking yourself this question, you may be disappointed because online betting is certainly not the best way to accumulate sports cars and dream villas. Unlike other gambling games such as the traditional Euro-millions, betting does not produce new millionaires.
Most bookmakers highlight the latest exploits of their customers on their homepage. And in general, the amounts displayed are far from being dizzying. Indeed, the amounts at stake are already basically framed by the amount of your bets and the height of the odds, but that’s not all…
Which techniques to adopt to win?
Your dream of opulence being now a little bit cooled, let’s see how to optimize your chances of winning.
First of all, you can forget about the miraculous methods that are rampant on the net such as the famous 66% half-time and end-of-match technique. This kind of scam defies the laws of probability and has the sole purpose of making you squander all your money.
Of course, no technique exists to win for sure since the luck factor has its say in all sports.
Nevertheless, it is possible to make long-term profits by following a few basic rules:
- Bet only a small fraction of your balance for each bet: Commit between 5 and 10% of your maximum bankroll each time, depending on the risk of your prognosis. This behaviour is to be followed on a permanent basis, except when you benefit from certain sign-up bonuses.
- Let your passion for supporting in the locker room: Your infatuation for a player or a team of heart can mishandle your objectivity. A bet must be carefully thought out and analyzed at a minimum by consulting, for example, the latest statistics of the two protagonists who are playing against each other.
- Limit combined bets: Bookmakers rub their hands together when you regularly place combination bets because they know that your chances of making a profit over the long run are low with this type of stake. By the way, have you noticed that many promotional offers only work with this type of bet? If you’re a fan of handsets, commit only a small fraction of your budget to this.
- Avoid live betting: As a matter of principle, placing a bet on a match in progress involves too little analysis time, which can make you make a bad decision. In addition, as we pointed out in our odds study, operators always offer lower odds live than in pre-match. In the long term, live betting is therefore not profitable.
- Sign up on multiple betting sites: This way, in addition to accumulating the welcome offers, you can compare the odds for a given match and thus bet with the most generous one. Consult our comparison table to select the best operators.
- Don’t play only on 1N2: Betting on the winning team in a soccer match is not always relevant, especially when the opposing teams have inconsistent results. Other types of bets with only 2 possible outcomes (versus 3 for 1N2) may be more sensible. Examples include the number of goals scored or double luck.
While respecting these strict guidelines, nothing prevents you from bringing a little extra madness into your strategy. Sporadically and with a symbolic bet, you can try a slightly crazy combination over a dozen games or blacken a big grid of predictions.
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