Topic: Your go-to sports betting risk management strategies? (Read 258 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

hedging can be good since you have already the strategy to make wins. what i always do is a single parlay with just a few matches and then bet on single matches that i think i can sure win. with just a few USD on parlay and then give at least wage a little bigger on single bets.

arbitrage is for the very experts, very technical to me. and cashing out looks tempting but i would rather finish the game.

Arbitrage betting would cost the bettor more money since one will have to stake on more than one outcome. This strategy will also require good planning to execute it correctly. I am not comfortable with this strategy because I bet with a small amount of my income and I rely mostly on luck. I can adopt matched betting since it costs nothing. But most online betting platforms don't allow it because gamblers can take advantage of it. It is important to check the terms of service of casinos to see if matched betting is allowed. Cash out is on of my best strategy.  For me, it is better to win or lose little than to win nothing or lose more. I am always willing to cash out because I don't have the guts to take high risks.

Low odds, high amount. It is likewise with low risk and just increasing the amount a little bit in order to have better rewards. I do this often whenever I do feel like betting but not having enough time to analyze the match, which is why this is my 'go to' betting strategy. Of course downside is not knowing or having guarantee of a winning outcome but at least, risk won't be that much, in accordance with the majority of bettors as displayed by odds. There are also instances wherein I just enjoy watching the game without any bet involved just to be safe from regrets; I do believe that analysis would still be handful in betting industry.
Well, that is because of majority's expectation however, as I've said, nothing is certain. You ca go against higher odds in order to recieve higher rewards but expect nothing less than higher risk of losing. Managing the risk when it comes on team or fighter selection, won't be missing with sports betting if you don't have that much time to look for advantages and disadvantages of your bet.

With a fine risk management strategy it doesn't only puts you in an edge for a possible win but also prevents the gambler from losing so much than he could have lost to gambling if he's to gambling without risk management strategy. Having a strategy also guide against getting into addiction or going compulsive as the strategy based on its risk management guides the gambler against unwholesome gambling habits.

I don't have a definite strategy but when making my bets I stay away from big odds and I mostly cash out when I felt it's necessary.

Arbitrage is a go-to for me, sure that I'm spending more money to cover the possible outcomes, it's still gives the profit at the end of the day because when I get a big win, it's going to be either break even or a profit to me, I don't do this much though as it's really tiring to do but it's a good strategy if you want a dumb win in your betting. My second risk mitigating strategy is for me to just follow the lowest odds and do accumulated bets, it doesn't work all the time though but the risks are definitely lower. Take note though that when you do arbitrage, you risk getting your accounts being blocked so take care not to be caught, it's not illegal, a lot of casino just don't like it.

Every gambler, especially sports betting fans, will have their own strategy in dealing with every risk that arises and of course every gambler will have some kind of belief that the steps or decisions they take are the best for them.
There are lots of betting strategies that are often used by gamblers, and you mentioned 4 good strategies that are probably often used by most gamblers in general.

There is one strategy here that I often use to minimize losses from every risk that is present, namely doing cashout.
This is the single best strategy in my opinion for managing the risks that are present in every bet, but you have to really follow and watch the game in order to make good cashout.
I will make cashout if the chance of winning the bet I made has started to disappear or there is the potential for defeat, but I still fail quite often because I miss matches so I can't take steps to make cashout.
But I will say again that this is the best risk management strategy.

2. Most casino is prohibited these, you can ended your account getting blocked (especially on online casino)
4. Always have limited amount, most the time small amount.

Always, take a look on your strategy especially on (sportsbook) remember casino hatting losing. They most the time limited any player from (BJ with Card Counter or Sportbook user).

This is the most effective strategy but I think this option shouldn’t be in the choices since casino deem this strategy as taking advantage with their odds error. You will violate their ToS if you will caught using this so even if this strategy is working effectively I doubt that you can still use this without encountering problem long term.


This is my favorite strategy too but just like arbitrage betting, casino will not allow user that is just betting with promotion. They will just exclude you on participating the promotion just like what happened to me before.

In reality, there will be no working strategy that will give you almost sure win because casino will just ban that strategy. Sports analysis is still the best method so that you can just place a straight bet.

Most times, I prefer to cash out my games rather than wait till the end of it especially if the games are in my favour and I learnt this the very hard way as I’ve hard several games with just one ending games leading to my loss and that’s why the moment I get a satisfactory cash out option, I walkways go for it without hesitation.

I’ve also thought about arbitrage betting and personally I see this as even more risky because at the long run you might still end up losing both bets especially if the game booked are more than one.
I also think arbitrage betting works more efficiently when we play high amounts on one or two games and do the reverse on the next slip.

My simple risk management strategy in sports betting is to not bet of the teams with odds higher than 1.05 because I have lost even when I placed bets on teams with just 1.10 odds so that's why after learning from my experience I built my strategy which is to never place any bets if odds are more than 1.05 even if odds are 1.07 I still avoid placing any bets.

Only gamble with the amount of money that you can afford to lose, so that you don't get worried over lost bet. I think that is the most important, because it will allow you to be able to control your emotions, and prevent more loss.

You should have a time limit on your gambling activities, so that once the time elapse, you quit gambling, winning or losing. Have a gamble budget for the week and once it has been exhausted, you should not gamble again, until it has been refilled.

Gambling is a game of luck, and what you listed out in the OP, will only mislead people that are gambling for profit, because if you are not lucky, you will run at loss. The cash out option is what I see cool for gamblers that feel they are okay with the little win on the bet. Freebet is good and you can use it to have fun for sometime, and if you are lucky, you win.

I only use Hedging and Cash-Out. Arbitrage is too much work and the profits ain't really that high.

Cashout is a great feature in betting but we must also be aware that the button won't open if there's an ongoing game or if does it must mean your next bet is winning so we must keep on monitoring our bet.
Those who make long parlays with a 1 hour to 1 day timeframe difference on each game can take advantage of this great feature which we don't see on physical bookies. I've used it before with other games that I have not much knowledge about but on my recent bets, I'd rather finish the parlay I made and claim all the profits because I trust my own analysis.

It's different with hedging though which I do in my "Same Game Multis".
If I am doubting one player to achieve the props that I set for him, I will take him out on my next set and try to achieve the best possible result to win a bet. This happens a lot of times for me when my instincts are telling me to change the parlay especially if I made a mistake and already made the bet.

I have wanted to try hedging and arbitrage betting but I did not know how it can result to winning from my calculations. The outcome of the game can be in a way that no matter what, you will lose.

I have tried cash out before and I noticed I should not use it anymore because it can result to losses also. I do not think anyone that is gambling with small amount of money will want to cash out.

I enjoy free bets.

If you are using risk management strategies in gambling, you are both gambling for fun and you are gambling to win. What I opine about risk management in gambling, it is not to prevent you from losing but to present you the best possible strategies to make you win a bet. It turns you from an emotional loss chasing gambler to a logical event winning and profit making gambler.

Which of these is your go-to sports betting risk management strategies?

1. Hedging - Basically it is placing another bet to reduce the potential losses or risks associated with your first bet.

2 Arbitrage Betting - Here you bets on all possible outcomes of an event with different bookmakers to secure a profit no matter of the outcome.

3. Cash Out: When you cash out in betting, you take a portion payout from the bet before the game is over
 It is do to guarantee a profit or minimize losses, especially when the original bet is winning or losing.

4. Matched Betting:  It is involves the use of free bets and promotions from bookmakers to cover all possible outcomes of a game and guarantee a profit.

*The list is inexhaustible. You can add your favorite if it is missing.