What's The Best Strategy For Betting On Sports?
The best sports punters in the world will tell you that betting is all about strategy. Sure, you can predict the future or determine the exact outcome each time, but you can employ several tried and tested tricks of the trade that would make things substantially more straightforward; reducing the risk involved and increase your profits.
There are several strategies you can implement, and it's just a matter of finding what suits you and the situation. Let's take a look at some of the best ones.
Best Sports Betting Strategies
Betting on less popular sports
Betting on sports that aren't as popular with the mainstream public gives you a chance to gain an edge over the bookie. Their main priority would be the more popular sporting events, because that what most of their customers will be betting on. Betting on more obscure sports would give you more opportunities to find value. The bookmaker might not possess the knowledge to provide accurate odds at a particular time, so there is a higher chance that you would find a bet that's worth more than it's priced.
Use bonuses and multiple accounts
As you know by now, most sportsbooks are continually giving their customers several bonuses all year round. Make use of this, especially free bets. Let's say Real Madrid is playing against Barcelona, and both have a high likelihood of winning. Sign up to one sportsbook, apply the free bet offer and take your pick. Sign up to a different sportsbook, and repeat.
Use a system
Every good bettor has a thorough system that they use to maximize their profits. The martingale system, for example, is a popular one, mostly because it is so simple to understand and apply. It's risky, but if done correctly, you'll be raking in the profits in no time. It's a popular one in casinos, but it's been adapted to sports betting as well. Essentially, whenever you lose, you double your stake, to cover your losses with the profit you make when you win the next bet. Similarly, there's the Fibonacci system, where you increase your stake in accordance to the Fibonacci sequence. (1,2,3,5,8 = $10,$20,$30,$50,$80)
These are negative progressive betting systems, and the idea behind these two systems is that you will make back all the money you lost by increasing your stake.