What to consider and how to find the best
betting sites online?
|Sports betting is one of the
most popular industries in the world. In actual fact it doesnt require a
lot to get started since you can place a bet pretty much anywhere. Most high
street brands such as coral, Ladbrokes and William Hill have all built online
betting portals for bettors.
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We tend to suggest that you go
for sports that youre genuinely interested in and you have prior
knowledge towards, since youll be able to make a better judgement call on
where to place your money. Its always good to stay ahead of the curve and
really get into the sports that you will be betting on and ultimately it could
give you the competitive edge you need to win.
It takes s a lot of
practice and unfortunately you will lose bets, but if you do it methodically
then there are the best chances that youll walk away with some extra cash
in your pocket. Accumulators are extremely popular, although the odds of
winning get smaller and smaller as you keep on adding more bets to it. Our
preference has always been to place one bet at a time and really give it some
thought as to which team or player would win based on previous performances.
Ultimately its up to you, but we certainly suggest you do your
due diligence before making a bet and make sure you know the risks, but most of
all, enjoy yourself!
Once you have got into a rhythm with a particular
sport you will hopefully start to see how the prices are reflecting on public
opinion and the type of information that opinion is based on. Now you can begin
to breakdown the sport or event into pieces and get you own take on how much
individual components affect the performance of the team or
Example : Team Sports
How much importance does an
individual team member have for the whole team and if they are not playing,
does that tend to improve or worsen the team. Is there home advantage and how
big is that in reality. Are they on a recent winning or losing streak which can
allow you to make a leap in their expected performance compared to their long
Example : Individual Sports like golf or tennis
there any life factors that might boost them. They may have just had an
addition to their family like a new baby. Does this give them a more self
assured look at the world and therefore nerves become less of a factor. Have
they played too many weeks in a row and therefore fatigued, are they back from
injury and are either rusty or re-invigorated.
Recent form tends to be
most important as top class sports people will carry a lot of public baggage
with them when prices are set, either by bookmakers or exchanges or other
Most important is
money. Always set aside an amount for betting. This is an absolute figure which
you can not go beyond in a certain time period. No matter what. Time period is
important because it allows you to look ahead should you lose your
If you are winning do not suddenly start betting bigger
amounts. This just increases volatility and gives you the chance to lose all.
So for example if you started with £1000 and have won £800 you
might sensibly adjust you bankroll (the amount set aside for betting) to
£1400 and put the other £400 in you not-for-betting
Bet when you are sober.
Don't chase. After a losing bet
just re-think why you thought those odds were the right ones to take and if you
still think it was a good bet but happened to lose (as will happen no matter
how good you are), then move on to thinking about the next bet.
checking and volatility. All sports can analysed for result prediction. You can
make it as complicated as you like but you must be comparing real results with
your expectations to check you are on the right path. If not you must adjust
and one of the possible adjustments is that your model is wrong and you have to
stop and maybe re-analyse and start over or simply give up.
is always a problem for a value bettor. Winning on any particular bet does not
justify the bet but winning over a large number of bets will tend to support
your method of analysis. Likewise losing a bet does not mean the bet was a poor
one, but losing over a number of bets needs to get your attention. If you are
right in your thinking but you are experiencing a negative fluctuation this is
the hardest thing to deal with. Thats why adherring to strict bankroll
management is crucial.