Topic: Your go-to sports betting risk management strategies? (Read 267 times)

I don't think those strategies are very efficient to be honest. They could avoid severe losses but it will be very difficult to make profits in the long run with any of them, except with the last one maybe.
Usually cash out offer are very low, that is to say if your bet is very likely to lose you won't get much money. It's usually better to bet on the other outcomes at the live betting odds than to cash out if you really think your bet is going to lose.
Arbitrage betting is very difficult because you need to have accounts and money on many sportsbooks and they are very likely to close your account because this strategy implies to always bet on the best odds available.
Hedging will help to reduce your loss if you think you have made a mistake by betting on one outcome, but it won't help you very much to make profit. And you can just reduce your stake instead of betting on opposite outcomes, if you are using it for initial bets.

Often in ongoing bets I always cash out if the bookies have offered it even though it's not a big profit but it minimizes losses that continue before the match is over.
Sometimes when the instinct is not strong in parlay betting, it will cash out, if you want to keep it then be ready with all the wins / losses. But there is a little regret if you don't cash out even though it's a good opportunity.
Sometimes I also enjoy the free bets that the casino provides, this will increase the capital to continue betting as long as the free bets at the beginning must be won first.

This is a strategy that has made losers in the past before it introduction to have some winning. This is a strategy that I have heard many gamblers have been happy about since it was introduced. Although some have said it is not really fine for them because it is tempting for them as it makes them reduce their potential win after they cash out and they eventually win the game. However, it is a strategy that I use sometimes when I have to if I don't have the confidence of the remaining games coming through. So, it is a strategy that has helped bettors not to lose everything even though sometimes you can feel your have been shortchanged but you have to move on.


For me I think these two options are showing more of desperation and likely the strategy of those who are addicts and doesn't want to lose anything at all. If you are gambling as a source of income, then such person will be using this strategy but a regular gambler may not find them necessary.

It is very true, the truth is that in sports betting I believe that a person who does it has to have a lot of knowledge to do it, it is something logical that will always be associated with an apparent risk, the mere fact of betting is already a risk, it is the money is there ready for anything to happen, there are only two possibilities: winning or losing, and if it is losing what must be assumed is that loss as something normal, sometimes sports betting is compared to the activity of a casino , which includes roulette, slot machines, among other things, and for me it is clearly easier to win at sports betting than at casino games associated solely with luck.

Sports betting is a way to take our game to a new level, because it is already measured in monetary terms, if we think about it, it is our responsibility to win or lose, I see it as commerce, if we lose or win it is because of our decision, and that in itself has to do with many things, for example, if we bet with a lot of technical knowledge, having studied each player, each possible strategy, then this is something that seems more professional than betting simply on what we see on TV. or contribute because I like a particular team or because I think they are going to win, or what is seen in the bets on an internet site. In statistics, the majority of bets go towards a very biased side, it can also happen that There is always something extraordinary that can happen, and it is what many call “a little luck” and it should not be ruled out, but you also have to consider what scenario, but for me there are more chances of winning in sports betting than in games. normal casino.

Strategies worked for different gamblers. Don't compare but look forward to earn more from the system, as long as you're working harder than before. Our risks management should be the first thing to observed about the gambling system and ensure things falls according to plan. Sport betting is a risky activity to get indulged but the brilliant and lucky ones have a spot of milking the system. Gambling is not by force or persuasion, everyone have their legal rights of either rejecting Gambling or embracing them because there's more to secure than that.

My go-to strategy of risk management is not necessarily tied to betting or gambling per se, but it is directly tied to my win and losses ratio.

I'm a reckless gambler by nature, and so I really couldn't help that I had to either up the ante and actually bet more than I normally do, or in some cases incur a lot of losses over a single day. I noticed eventually how this affects me as a gambler and, fearful that I might actually fall into gambling addiction for good, improved upon my betting habits and introduced a system of wins and loss-dependent betting strat where it doesn't even matter how I win or if I win at all, it's just all about making sure I close out any win I claim for the day, or reduce the losses I incur as much as possible.

For people that are interested, and if you're following my account's blabbering all these years you'd probably figure out the strategy I talk about but it's just that effective for me that I can't stress how great it is. It's 3 wins /3 losses=quit strat. And as the name implies, it just means I quit for the day or for the session soon as I incur a total of either 3 wins or 3 losses over the session. Cause at the end of the day I get myself 5 bets/5 instances of gambling which is more than enough for a baller like me, and at the same time I make sure that I either end the day with a net positive, or I don't incur any more losses on days that I end up with a net negative. All of my winnings go towards my dedicated gambling wallet separate from my regular crypto wallet to make sure I don't mix up currencies and money, and so far, in the few years that I have used it my bankroll has never gone dry.

This is one strategy that I do not fancy. It could be my ego speaking but I rather let my game play out to the end than cash out a quarter of what I could have made if my bet won just because I was afraid of what the results might be. This is a strategy I would not advise any gambler to get used to, it will reduce your self confidence in your ability to predict games and will cause you to second guess your decisions.

I already used number 1 only if I thinks I am sure with the matched. But sometimes, I only place 1 bet because I don't see a chance to win on the other match.

I never try number 2 just because I don't knows how and what I should do. The number 3 is the most thing that I used, especially if I see that I can make some money, more than the amount that I placed to bet. I don't have to wait until the match finish because I often experienced losing the money. So cash out is a good solution for me to take the money out with the profit. The number 4 is rarely I gets because I don't place a bet in sports betting too often.

Yeah hedging it is. Hedging is cool because it's like playing it safe without killing all the fun. You throw in another bet to cushion potential losses, keeping things exciting while having a backup plan if your first bet goes south. It's like a balance between risk and not totally freaking out about losing

I'm not really into sports betting but I have tried hedging and cashing out. Hedging allows me to reduce potential losses by placing additional bets, while cashing out helps me secure a profit or minimize losses before the game is over. It helped me stay in control and make more informed decisions.

Yes, I agree, sometimes we have to watch a match and not place any bets because when we place bets we hope to see wins however if we aren't sure about a match's result or even if odds aren't helping us then in that case we should avoid betting at any cost. Sports betting can be very valuable but we have to find out how it works properly and we must have to follow some good strategies or make our own strategies to have more wins as compared to losses.

I think one thing you should add is the parlay. I think its honestly incredible when you can place a three fold bet and get paid so much more on the winnings. Of course you have to be much more accurate and know what you're doing, unless its just sheer luck of course. The second method I am most interested in is the Arbitrage betting. That scenario you can hedge your bets and ensure a profit margin mostly if you have a good method.

As a sports bettors, this is one of the method that I frequent used, single bet 4 games the most. At least if you win 3 out 4, then you could still make profits. Or even 2 out 4 will do much specially if the higher odds bet won the majority.


I haven't try to go to this one, but I've seen scam accusations here and there and that some casinos says that individuals do this arbitrage betting and it's against their ToS or something.


Yeah, to reduce your lost, but who knows, maybe you will regret your decision here as there was only a thread about a member cashing it out early and later the last leg of his bet in the parlay hit and so he was mad for not listening to his instinct.

Or maybe going on a multi-parlay? Of course the risk is too high, but seen members doing this strategy and winning big.

In my case, I prefer to focus more on bankroll management and place my multibet bets, for example when I define $12.50 as the weekly amount allocated to place sports bets, I start by analyzing all the games and then I make a selection of games and I place in many multibet bets with odds above @3.50 and in each of my multibet bets I place $2.50 and with that I can make 3, 4 or even 6 multibet bets with odds above 3.50 and this allows me to have a scenario in which case 3 bets If I lose and I get 3 bets right, if I have made 6 multibet bets, I make a profit, but if, for example, out of the 6 multibet bets I only manage to get one bet right, then at least I will have more than $7.50 and that reduces my loss because for me to bet on 6 multibet bets I had to spend 15$

now if I get two multibet bets right then I can get the 15$ that I spent plus some profit and as I always do I place bets this way so I can get a profit in the long term to the point where I can withdraw and use the profit, of course I'm making it clear that gambling should be seen as just fun, in the sense that people shouldn't quit their jobs, they shouldn't stop focusing on their real-life business because of gambling, because gambling isn't They can always generate a constant profit, there is a greater risk that the person will have an endless sequence of losses and reach the point where the person will give up gambling altogether, which is why I do not advise anyone to see gambling as a source of income.

Gambling is something everyone gamble because of money not just for gambling seek, the major reasons why they gamble is as result of making money not because fun or entertainment, and whosoever that is taking gambling as a trade is just wasting it time, because gambling is totally a game of luck and a game of interest indecence that you can not predict the future of gambling, so from the look of things gambling have its own way of luck and is not something you will say that you are sure of, that is why it doesn't enter as you may think that is best time to win

My strategy is to mostly bet on matches of only big leagues or leagues I know really well...

For one, I'm from Greece, so I like to mostly bet on the Greek Super League. For more options I place bets on premiere league and primera division. The good thing with these leagues is that results are more reliable. So a good team will win more often other than fluke out. This is quite a basic part of my strategy because other sports or leagues aren't reliable and often the odds also make no sense.

I like watching many different sports but sadly when it comes to betting on them, their results often make no sense. The best tennis players for instance can lose out from someone much lower in the rankings etc.

My favourite is hedging. It is just like me to paying for health insurance. A necessary measure to tackle potential losses. I do not do it all the time, but when I do. Although I bet for the fun of it, I still want to build my bankroll so I opt for it. For example, I placed a $50 wager equivalent in my local currency for Manchester United to win their match against Manchester City last weekend. I then hedged my bet by placing a smaller wager on Manchester City to win in the same game. I did this to ensure that my win is guaranteed regardless of the final outcome, thereby allowing me to secure a return on my investment while minimized any losses.

I never knew it was a strategy, it is just something we learnt to do in gambling as soon as betting platforms made them available.
Cash out is the choice for me that is efficient because it can and has saved me the original money I used in playing the bets, and reduce the losses for me. Because this is my strategy, I put myself at risk of missing out on some huge potential wining because of the temptation to cash out earlier than letting the bet play out completely.

1. In general, this strategy is equal to point 3 (it’s just implemented in a different way, because not every bookmaker provides a cashout function). But in my opinion, in itself it is meaningless, since if you have made a bet, then keep it until the end, all additional manipulations only bring you additional losses.

2. Arbitrage betting in modern realities is almost meaningless (you can earn a fraction of a percent, which will ultimately be eaten up by commissions when moving funds for further arbitrage). In my opinion, if you find an arbitrage bet, then you should try to understand where the value is and place a bet on this outcome - this way you will increase your profit and will not irritate the bookmaker with arbitrage.

3. As I already wrote, this is a bad option, usually you lose about 30% of your funds when you use it. Too expensive in my opinion. It's better to make a hedge bet.

4. This is equivalent to bonus hunting. Firstly, if this is all you do, you will simply be kicked out of the site. Secondly, you can earn a little money from this, but it is not a systematic profit, plus it cannot be scaled, so I would not waste my time on this.

Hedging usually also reduces your potential win because you effectively make a bet against yourself, or you make another bet with high odds, but low pay, just to win anything if the first bet fails, but then there's no assurance the second bet will not be a losing one, despite high odds.

Cashing out is the same. You reduce your potential win just to get anything out. Casinos allow you to do it because it works in their favor.

If you don't want high risk and sure win, just buy bonds or something. They'll pay you 5% a year and you'll be done with all that unnecessary risk