If you have ever laid down a bet in the past, then you understand that your success rests on more than luck. Keeping an eye on your bankroll, researching the sport and knowing when to stop are some of the things that can help you enjoy making successful bets. Although some newcomers get lucky with their first wagers, all experienced players know that there are systematic strategies that can help them produce a good yield.
Why you need betting strategies
Betting strategies generally work to help you use odds from bookmakers and manage your money in such a way that will give you an advantage that you would otherwise not have. All betting professionals understand that even the slightest strategy can work wonders in the long run. Whether it’s being able to use your budget to make larger bets or using better odds on horse racing, it’s the element of fresh thinking and control that could really bring dividends in the long run.
Although many newcomers will carelessly bet an amount on an athlete or team due to their instincts, serious bettors will rely on a system that governs what they bet on and what they choose to wager. Overall, betting strategies are systems that can help manage your betting budget and also assist you in making bets that are based on statistical evidence. Here are the top 3 betting strategies to focus on
Only bet 1 to 2% of your bankroll
While most sports bettors put a large portion of their bankroll into each bet, this should not be the case. If you want to move your sports betting to the next level, you need to limit the amount of cash that you put on each contest. This is because sports betting is a streaky activity; hence even the best bettors usually go through long losing streaks. As a professional bettor, you need to put only 1 to 2% of your bankroll into each bet
Focus on one team
In any good day, you’ll find hundreds of betting lines across multiple sports. With all these variables, it’s easy to get sucked into making several bets on multiple teams. While this is fine, if you are casual bettor, it won’t give you an opportunity to learn everything that you need to make an informed bet. If you are new to betting, it’s highly recommended that you focus on one team as this will help you gain enough knowledge about the team and reduce the time that you use to research. It’s, therefore, imperative to follow this betting guide.
Use software to develop advanced strategies
You can always buy software from companies such as Sports Insights and Swish Analytics to build your betting strategies. These software programs have huge databases including money line range, opponent rank, and team versus team among others. By using a number of variables, you can see how teams fare and spot some trends that the public do not know about. You can also find free database calculators that will give you some options.
As a beginner, if you don’t have much time or are only casually betting then focusing on some of these strategies will significantly help you.