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.
Choose Betting Events Wisely
First of all you have to choose your betting events from the line. Some “frequent bet makers” often bet on a lot of things they have at least some knowledge about (sometimes even worse – simply a lot of things). It is wrong. It is essential to choose betting events very carefully – usually, by your level of confidence in the outcome of one or another betting event (it is better not to use only your intuition, but to have a logical base for your decision, even though eliminating intuition completely is also wrong, especially if it really works for you). Coefficients do not have to play a significant role here; in fact, if there are no outcomes with coefficients that you agree to, you can (and should) leave these bets out. On the other hand, some betting events can attract you only with a coefficient for one or another outcome, and that is also fine: the ‘Value Betting’ strategy is based on this in particular. Anyhow, deciding whether you should or should not bet on one match or another is advised to look at from these very perspectives, not on a principle like ‘this game is interesting to watch; therefore, it needs to be bet on (to make it even more interesting)’.
To be continued in Part 2.
