Sports betting is a fun and exciting hobby. However, it can break the bank if newbie sports bettors are not following expert tips and strategies.
Since sports betting is contributing to the global betting market, it’s no surprise why more and more people are seeing this as a money-making pastime. As a matter of fact, there are sports betting professionals who are even living off this hobby.
However, you don’t become a professional sports bettor overnight. You have to undergo a lot of losses and frustrations before you master the game. And while it’s safe to say that a lot of sports bettors go on a winning streak, a lot of inexperienced ones also go down the opposite road. They lose and lose and become frustrated in the end, which is why we’re here to help you rake in more winnings.
Read on to find out foolproof tips and strategies that will help you win those bets. These five hacks are simple and easy, yet effective enough to go home with a fat pocket.
1. Always do your due diligence
Betting on a team or player without ample research beforehand is one way to lose the game. Without enough knowledge on the statistics and track records of the teams and players you’re betting for, you’re almost likely to lose.
That’s why this tip is first on our list of sports betting strategies to win. That’s because this holds the most weight compared to all the others. If you’re looking to succeed in sports betting, here are some tried and tested ways to do your research:
- Follow popular sports bettors and bookies
- Read a lot about sports betting basics, there are a lot of sources on the internet
- Subscribe to email newsletters that are all about sports betting. This way, you can get updates on the current trends, changes, and new techniques about sports betting.
- Jot down your bets and their outcomes, whether losing or winning. That way, you can gauge what you’re doing wrong about your losses.
- Always make sure to use only reliable sites that are verified by teams like 슈어맨 (Sureman)
Once you have ample knowledge on the statistics and sports betting basics, you’ll be more confident in betting. Plus, you’ll be smarter with your betting choices.
2. Don’t bet when intoxicated
This tip is a no-brainer but since many sports bettors are doing this, then this deserves a spot on this list. When you’re betting intoxicated, you forget all the research, statistics, and facts that you know because your judgment is clouded.
That said, make sure that you’re always sober when sports betting. This way, you won’t have any regrets if in case you lose everything on your bankroll.
3. Keep a keen eye on your bankroll
Speaking of bankroll, you want to watch it with hawk-like eyes. If you’re sports betting for fun and you know you have the extra money you’re willing to lose, then skip this advice. However, if you don’t have money to lose, then always manage your bankroll.
Entrepreneur says your bets should be around one to five percent of your bankroll. This is to ensure you don’t lose all of it in one go.
4. Plan a strategy
Another way to beat the others in their own game is to devise a strategy and never deviate from it no matter what. When you’ve recorded your losses and you know the things you’re doing wrong, this can help you whip up a winning strategy. Make minor changes if necessary but always use logic and less intuition to ensure you’re making sound decisions.
5. Don’t do what everyone else is doing
One way to try your luck in garnering more winnings is to not do what everyone else is doing. Although this should also be backed by research and statistics, betting for the underdogs is a possibility. It’s crucial that you have a betting edge as well.