Sports betting can be challenging and yet rewarding once the techniques are mastered. As a result, many sports bettors consistently make huge capital and have earned a fortune.
Sports analysts take into consideration factors like what kind of venue supports which kind of player and the possible outcome that can occur in a match. Based on crucial data, they predict how the match will eventually shape up. For example, tennis players who play well on grass might fail in the matches played on clay. This is because, on grass, you must master the skill of touch, whereas, on clay, you must have power.
Such brilliant analytic techniques are necessary to be the best at sports betting. There are well-established strategies developed by experts from their vast experience which give very accurate results.
But as a beginner, you would need guidance on how you can become better at betting and make consistent wins over time. So, let’s go through some of the best tips on how to get better at prime sports betting.
Learn to manage your bankroll
Always set aside some amount of capital that you can afford to lose. This capital is often referred to as ‘bankroll’. As a general best practice in sports betting, always make bets with 1% to 5% of your bankroll. Also, never chase your losses with bigger bets. It is easy to fall into the trap of increasing the bet size to recover the loss. This will make you lose more. Always focus on your bankroll. Bet in smaller sizes to avoid exhaustion.
Don’t flow with the emotions
Don’t allow emotions to dominate you and impact your decisions. Bet sober and straight. Avoid anything that can impair your ability to think straight.
Prepare yourself first
Do your research and study before you bet. Take well-educated decisions to ensure sure-shot wins. Some of the best bettors use sports databases and statistical websites to analyze the trends and base their decisions on them. So, the best plan is to gain knowledge, make a plan and stick to it.
Buying points could be risky – Avoid it!
Buying favorites down or underdogs up is a “square tendency”, and you must stay away from it. For instance, few bettors may need to buy an NFL favorite of -3.5 down to -2.5 (or purchase an NFL underdog from +2.5 to +3.5 otherwise), and bookies are smart enough to charge more juice (sacrificing odds) to do this. So, this makes it mathematically a bad strategy for online gambling in India.
Also, be careful of scammers and myths.
Identify the hot and cold streaks.
Sometimes, players don’t miss a shot, and sometimes they play cold. If you can identify these hot-cold streaks quicker than the oddsmaker, this is a big opportunity to win. Also, ensure that you evaluate all the other vital factors and be clear if the odds are offering the correct value.
Focus on just one team
This idea is simple but more potent than you might think. It is incredibly valuable to be an expert on one team than to have a little knowledge on many teams. The more you understand a specific team, the better value you’ll be able to derive when you check the newest betting odds.
Analyze teams’ performance Against the Spread (ATS)
One must study how teams perform in the win or loss column, and the against-the-point spreads. You must know about the teams’ records in terms of performance when compared to the oddsmakers’ expectations and not just their opponents. So, your opportunity is when you identify a team beating the spread more than half the time. So, here you can have a high chance of winning online gambling.
Fading the public – To bet against the crowd.
The main concept here is that the public usually use free bets on the favorite or the team being hyped up by the media. So, the sportsbook must move the line in favor of the underdogs to make more people bet on them. Smart bettors identify this line push and bet against it to reap the benefit of the extra points in their favor on the point spread.
Betting requires deep research and knowledge. It’s your analysis and experience that can make you an oddsmaker. Even though luck does play an extremely important role in sports betting, there’s also a ton of skill and strategy involved in becoming a long-term winner. So, one should work on gaining quality information from the right resources and draft a plan. You must stick to your plan and move forward step by step. Focus on a single thing at a time and gain expertise. Study trends and oddsmakers’ case studies. Pick up a single sport and do deep research on it. You can also become the oddsmaker.