Topic: How to be profitable in sports betting? - page 2. (Read 1761 times)

In my limited experience with the few professional sports bettors I have met they can only make profits in the sports in which they are experts, stats are fine and can be a great way to absorb a lot of information about your favourite sport, but if you do not watch it then you cannot give context to those stats and while the advantage that you may get out of this process may seem to be minimal you really need any edge you can get against the casinos to beat them at their own game.

It depends on your favorite sport. Firstly, have a favorite sport, don't try to analyse on sport you don't know about. Secondly, don't always bet in favor of your favorite team, analyse the other team and know their ability. Thirdly, do not accumulate too much odds and if you do, make sure the amount you want to stake is not much.  Fourthly, you can buy tips from tipsters with a good record of winnings if you know you are not good at analysing matches.

You need time and patience reviewing past games and  statistics for you to have some basis if what can be the possible turned out of each games that
you'll be going to play / bet with. It's better to have good knowledge and enough information to whatever games you'll going to bet, it's more than luck sometimes when you have enough understanding with types of games you are betting with. Chance of success is much better.

We use to experiment when we feel boredom and that's normal I think. Many are expecting to become profitable in it once we started to make and win a lot of bets. And we use to think that we will never be beaten by our own picks which makes us comfortable.
Sports betting is an easy type of gambling and you can bet without any idea what team you picked and what's happening to the game but that isn't the strategy to become profitable.

sport betting still is and will always also be gambling. Gambling means there is some luck involved. The only way of becoming profitable with sports betting is by decreasing the variance as much as possible. There are several ways to decrease the variance.

· arbitrage betting

This is a way of betting that guarantees you a profit no matter the outcome of the game. This way of gambling is hard do practise manually but there are some good softwares that track arb bets for you. Only negative is that you need to have 20+ betting accounts with different operators to get enough arb opportunities to make it worthwhile. And you always have the risk after a time bookies limiting your accounts.

· value betting

This also can be done with software and personally I find it more worthwhile. Only negative it is some time consuming. I receive notification 24/7 to place bets. You can loose with value betting but like for example the software I use they more or less guarantee if minimum 30 bets placed daily you should be able to double your bankroll within 90 days.

· pool betting

This final one I like most and I am practising that frequently lately. I very often organise pool bets or join pool bets on Betfair. In pool bets you simply add money in 1 pool and bet on certain games. Its the same like friends putting money together and buy lottery tickets as a group and share winnings with everyone. Pool betting is the same but then for sport betting. I really enjoy the pool betting. For a pretty small amount you can have a chance up to 1,000,000€ guaranteed prize pools

The are a few main things what you need in order to become profitable in sports betting.

1) Understanding and calculating probabilities
2) Knowing the market psychology
3) Patience

I think these 3 things are VITAL in order to become profitable. First thing is that you need to be able to give a probability for an outcome. If you can't make a suggested probability, you don't know if there is value in the odds or not. Every bet you make needs to have a positive expected value. If you can make probabilities and bet with positive EV, in the long term you will win. It's the same with stocks, options or whatever financial instrument. This is the reason why for example online casinos are not profitable for the players in the long run. It can be short term if you get lucky, but long term not.

You also need to understand how the market can swing and how the masses act. Majority of people will just bet for the fun of it and always bet on their favourite team. Big favourites and big brand teams like FC Barcelona or Manchester United are almost always minus EV. People like these teams and overrate them. More often it is more profitable to bet agains these teams. It is the same phenomenon with over/under betting. Everyone likes to see a lot of goals and it is not fun to see boring games with no goals. People will be for more goals and this will raise the odds for unders. Value increases, because the probability hasn't changed.

Patience is key. If you can't handle your bankroll and be patiet with your bets, you will go bust in no time. Be patient with your stakes, don't ever overstake or go outside your initial plan.

Not totally watching the replays because the right thing is we must know the team and sports deeply because every sports expertise is advantage and same as the sports betting

But of course with luck?replays may be enough to make as ways to find where and whim to bet

It is easy to come up with accurate predictions if someone had good knowledge about the opponents involved in a game. Sports betting is not random. It is not only about luck here but the skills too. Due to this, the factor of randomness gets eliminated. There are very rare cases when a weak opponent gets victory. Otherwise, it belongs to those who put efforts and work hard.

Analysis about the team, its performance, the players on the particular match all need to be learned. Only through that it is possible to predict the outcome of the game in a better way than just going for random picks. With soccer we get to place different bets, good is to go with the straight bets on the match win rather than predicting about the gaol within the half of the game and other options.

If you want to bet scores in football you have to do an analysis beforehand or find information about the two teams that will play, and pay attention to the number of times the two teams meet and see the scores of the two teams that are obtained because it will help you choose the right score to stake.
it's about betting even though winning is just luck but it will help you guess the score accurately.

  Watching sports is fun in itself. There is no need to risk money on them. It lays pressure because your money is at stake and this way, it is not possible to enjoy the real game itself. If you have no account on any gambling site then you should be happy. So far, your money is safe and secure. Even sports betting, which depends on knowledge, can produce unexpected outcomes. So best is to stay away.

ya if we like soccer, it will help a little to analyze each team. if I bet on soccer, I always bet on my favorite team when they play at home, I think it's an easy bet to get profit in sports betting.

In addition It would be better if you watched the tape every game or review some of the game made by a specific pair of opposing team. You will somehow learn where to put your bet after you watch a replay of their games. Also you need to be updated with latest news and rumors from that specific sport to have a better idea which team you will place a bet.

Being familiar with the teams is the most important thing to learn in sports betting because the players are the one who will make the outcome possible.
Though many says that here in sports betting is the simplest and easy way to earn(compared to gambling games that computer manipulated)
But the truth is?Many fails here and they don’t even made a win for how long they’ve tried because of not knowing deep about the teams and players

probably what you need are LUCK and a few RESEARCH. You will need to have a background on the playing teams so you can know about their strengths and weaknesses specially agains't each other. You will also need to know if there are any players that will not play a certain game because of injury

You will be able to be confident if you love and know the sports you are betting, it does not only vary from sport to sport, because not all the league in the basketball for example is a good bet for you since you don't follow them all, in my case, I only follow NBA and my local basketball as I feel I have more confident betting on them and I can see I had some progress.

Different gamblers are having different types of approach and honestly like your way of betting. I read some gamblers are sharing like they are able to predict the winner of final easily whereas some others like you experts in predicting everyday match events. Anyway, where we are the master is more important and also making use of our knowledge like you, will definitely land us into profits zone. Yes, this is the way, we can make sports betting profitable.

The hardness of predicting the final winner differs sport to sport. This may be the reason you are easily predicting the in-between events in your favorite sport.

Yes that becomes complicated in games like that but in such type of games, I don't bet on the final result of the game rather bet in between, like for soccer, who will score the first goal, how many goals will be there before half time etc. It just makes it a bit easier.

yes, maybe by learning about the characteristics of the team, you have a higher chance of winning the bet. it's just that, sometimes it's very difficult to determine the chance of winning when a strong team meets a strong enough team. this often happens in ball sports when I watching.

so far, I'm also not good at gambling, but sometimes when I don't make a bet, my predictions come true about a team's victory.

Success in sports betting can be achieve if you continue to learn.

We are doing sports betting because in the first place we love what we are doing and we think we know the game and we can make good judgement.
However, we need to understand that with odds the bookmakers are showing to us, its hard to pick which will win as you will have to find an odds with good value, which means an odds with a high chance of winning.