Choosing The Right Time
One should definitely take into account the tournament’s phase. Usually, the favorites in any championship start the season half-and-halfer, whereas the “inveterate” outsiders, on the contrary, can easily succeed in the beginning and even get to the top of the table. Teams whose lineups got noticeably renewed take time to show good team-work; hence, it is not surprising when teams stuffed with star level players suddenly stall at the start of the championship (or even longer). Continue reading »
Knowing The Players
News from the teams’ headquarters is by all means important information. However, if you are barely acquainted with the rivals in the match you are willing to bet on, names of disqualified, injured or players that lost their physical form will be of little help to you. It is essential to know in addition to everything else what position the unlucky player plays on, who can substitute him, and how it will affect the overall team state. More detailed news can be of assistance here; however, it is a lot easier to find information on European Cup players than on how things are going for an English 3rd division club. Continue reading »
Choosing Event Outcomes
Having chosen the betting events (matches), it is crucial to choose the outcomes of each one that you are going to bet on. Usually, the initial event outcome selection is based on intuition and the evaluation of coefficients on the “good/fair/low” principle (in the latter case, meaning if you consider the coefficient for a particular event outcome is far too low, it is better to search for a higher coefficient on other betting websites or even not to bet on this one at all), if only you have not chosen a match or an event outcome to bet on in advance, prior to looking at the line, based on statistical data or any other criteria for that matter. Continue reading »
KYE – Know Your Event
The main rule is to bet only on those events that you know – not only heard that, for instance, this team is the favorite and wins the absolute majority of its matches, and that one does not really have any chances, or you have the championship table in front of you and believe that it is enough; but you possess sufficient amount of information about the teams’ current form, tournament positions, tasks and condition of the leading players, etc. The more information you have, the more objective will your match analysis be, and the more chances you have to choose the right outcome for your bet. Continue reading »
Preventing Losses
In order to achieve this he has to artificially lower the coefficient for the favourite. The bookmaker does not know in advance how the bets will be spread, but the thing he knows for sure is that the players will put the ‘load’ on the favourite; therefore, he exaggerates the favourite’s chance to win to stay on the safe side. Here two kinds of options are possible: either raise the win probability, so that it would turn out to be a greater percentage than that of the bets on the favourite, or make the win probability smaller on the contrary. Let us assume that the bookmaker has decided to place the following coefficients: Continue reading »
The Revenue Generator
Bookmakers operate with a sole purpose – to generate revenue. Actually, in spite of the common opinion, a bookmaker’s gain does not depend on the number of lost bets, but on how well the coefficients are chosen. What is meant by “well”? It means that every, even the most unexpected outcome of an event has to leave the bookmaker better off. Continue reading »
…Your Chance to Win
When you are winning, do not imagine yourself as being unbreakable and raise your bets dramatically. Continue betting as much as before and remember that even though winning appears to be easy for you for the time being, losing everything you won is a lot easier. If you are on your game, it is reasonable to utilize that; however, do not forget that your chance to win remains only a chance, even if the course of action is thoroughly thought through, and that it is easy to lose control of the situation. Continue reading »
Be Careful Winning
Make it clear for yourself – why you are playing. Many people place bets just so that a football match or any other sports event would become more interesting to watch on TV, and that is alright. They do not care much about winning or losing. It is just a way of spending time and having fun, therefore, such people do not bet on sports on a regular basis. On the other side of the scales are professional gamblers who bet with a purpose, a goal to bet and win and win big. But what happens when a person playing just for fun starts to win? Continue reading »
Estimate the Risk
In sports gambling, as in life itself, it is very important to set a goal for yourself. If you have no goal in your gambling against bookmakers, it can end tragically for you. You can start betting every day, you can begin betting large amounts of money to cover previous losses, you can start betting thoughtlessly and all of that can lead to very unpleasant consequences. Hence, you have to think some things through first. Continue reading »
Choose the Right Strategy
Having gone trough the first stage and played it enough, you can try going to a new, more serious level. Evaluate your financial, intellectual and psychological capabilities, choose your financial and game strategy, select the right sports and
events and go play!
But remember that if you play not only for fun, but with an intention to gain some income, the criteria for your achievements has to be not the number of bets you won as opposed to the ones you lost, but your bank account balance, i.e. your income (winnings) exceeding your expenses (betting amounts). Continue reading »
