Top Betting Strategies That Make You Become a Better Sports Bettor
Implementing betting strategies while placing wagers is key to success. There are various betting systems to try, and in this guide, we have broken down the best ones for you.
Betting strategies are a systematic way to gamble with the aim of generating profit. With a well thought out strategy, you can enhance the chances of achieving your financial goals and utilize bookmaker odds to your advantage. Let’s get cracking!
Top Betting Sites for Betting Strategies
Why Use Betting Strategies
There are many reasons why it is advantageous to use a betting strategy. At the very least, deploying even just a basic strategy can help you to limit your risks by managing your bankroll and making more calculated bets. At the end of the day, it’s better to build up your bankroll slowly over time with a low-risk strategy than to treat every bet as a “hit and hope”.
While luck will always be the ultimate deciding factor when it comes to sports betting, you can still increase your chances of winning. By taking simple steps such as planning in advance and picking the right sports, games, and betting lines, you should find that your bankroll has a better chance of increasing over time. Additionally, it always pays to shop around for the best odds and to use bonuses to your advantage.
How to Start Using a Betting Strategy
Don’t know where to start when it comes to planning your betting strategy and putting it into action? Not to worry, as we have provided you with five simple steps to get you started. Following these steps is essential before you place your first bet.
- Learn the basics – Those who are new to sports gambling must get a firm grasp on the concepts. This entails familiarity with several wagering options, such as the point spread and the Moneyline.
- Understand the Lingo – Do you know your “combos” from your “accas”? Can you tell the difference between a “banker” and a “longshot”? Understanding the language of sports betting is vital before you start.
- Do Your Research – Knowing all of the stats about the sports, athletes, and/or teams that you are betting on is vital. Additionally, you need to know the ins and outs of the betting world as well – that’s why research is crucial.
- Have a Betting Bankroll – This is a fundamental part of wagering on sports. You’ll soon be broke if you don’t learn to manage your money. Always gamble within your financial means, never double down on a losing bet, and play only for fun.
- Diversify your betting markets – You don’t want to be placing the same type of bet on the same sport all the time. By diversifying your range of sports and betting markets you can spread your bets better, thus giving you a better chance of winning.
Key Betting Strategies That Improve Your Betting Skills
Successful sports betting strategies begin with a thorough understanding of the basics. Each strategy is designed to help you accomplish a defined target. Some improve your odds of winning, while others help you keep your money in the game. To help you get started, we’ve compiled a list of the most important betting strategies that work.
Is Sports Betting Systems the same as Betting Strategies
Many gamblers misinterpret betting systems for sports betting strategies, leading to a variety of problems. In the context of gambling, a “betting strategy” refers to a predetermined strategy for making wagers. Its purpose is to provide the bettor an advantage over the betting site. While the best betting strategies are found in sports betting systems.
Sportsbooks have a high house edge, but these systems are designed to assist gamblers to reduce that edge and boost their odds of winning. Players have created a variety of betting strategies for football over the years, with the 1-3-2-6 system being among the most popular. If you follow the technique and make four consecutive right bets, you will experience a winning streak.
1-3-2-6 Betting System
One of the best ways to improve your gambling success rate is to use the 1-3-2-6 betting system. It’s an accessible strategy that suits punters with varying levels of expertise and knowledge. However, it is a betting strategy that can not apply to all sports.
The numbers 1-3-2-6 refer to the number of betting units from your total bankroll that you should use to bet each time. For example, if your total bankroll is €/$/£100, and you have units of 1%, then every unit is equal to €/$/£1. Your first bet should therefore be €/$/£1, and if it wins then your next bet should be €/$/£3. If you continue to win then you would bet €/$/£2 on your third bet and €/$/£6 on your fourth.
Sports Betting Systems to Avoid
Some betting systems claim to have figured out a definite way to win. Ordinarily, if they were effective, everyone would be rich and sportsbooks would go out of business overnight. Therefore, here at Betyep we also let you know which systems to avoid. Let’s take a look at some time-tested betting strategies that fall short of their hype.
What is the Pareto Principle in Sports Betting?
The 80/20 rule, or the Pareto Principle, states that 80% of your outcomes may be attributed to just 20% of causes. The Pareto Principle describes how most of an effect comes from a small percentage of the whole. It is not a strategy in and of itself, but rather a tool for determining which plan will yield the greatest profits.
If you apply it to horse racing, you’ll know that just the best 20% of horses and jockeys account for 80% of all race victories. Though this knowledge alone won’t guarantee you a steady income, it will help you narrow your options and get started in the right direction. This concept applies to a wide range of sports.
Multiple Betting Accounts
There is no limit to the number of betting accounts you can open, but each sportsbook can only accept a maximum of one. Having access to many betting accounts allows you to compare odds before placing your wagers.
By signing up for multiple online sportsbooks, you have access to a wider range of betting markets. More importantly, it gives you more scope to shop around for the best odds. All bookies will have slightly different odds for each market, and having multiple accounts allows you to choose the best every time. Additionally, you can also claim bonuses on multiple betting sites as opposed to just one.
Rely on a Betting Strategy
Most people who bet on sports don’t give much thought to developing a solid online betting strategy. Yet, sports betting strategies are essential to keeping a healthy bankroll and increasing your winnings from betting.
Each strategy is most effective when paired with a suitable market such as the favorite to win, underdog, accumulator bets, or the total points/goals. Matched betting is a betting technique that involves using all of the bookmakers’ bonuses and paying close attention to the odds.
Experienced punters boost their odds of winning by consistently making wagers by employing time-tested betting systems and strategies. We urge you to use a betting strategy the next time you’re placing a bet. While bets are based on luck, you’ll considerably boost your chances of winning with strategies.