How to Win Money Betting
Football is the biggest sport in
the world which naturally means that it's also one of the largest sports
betting markets. Be it live or online, football betting is a massive part ofthe sports betting world and that means one thing for you as a punter: choice.
Unlike smaller sports that have just a few betting options, football is able to
offer a plethora of options designed to suit prospectors of all persuasions.
Whether it's $50 straight-win bets on your favorite team, or $0.10
accumulators on a string of sides across Europe, the football betting market is
literally packed full of options. Obviously, this choice is fantastic, but only
if you know what you're doing. Stepping into the matrix without knowing what
you're looking for or how the system works is a recipe for disaster. The sheer
number of options available to the average punter is so vast that it's
important to understand the market before you dive into it.
To help get you started on the path to financial freedom, we've
put together a full football betting strategy breakdown so that you can ante-up
with confidence with next time you're online. From the types of football
available to the best ways to beat the system, we've outlined it all in this
handy guide.
Before you can run you always need to master the walk and in the
football betting world that means understanding the options that are available
to you. Before you ante-up and start implementing various wagering strategies,
the first thing you need to do is choose the right bet for you.
Outright Win Bets
The most common form of football bet in the online arena is the
wagers that allow punters to speculate on the outright winner of a match.
Pitting two teams against each other, these bets are usually defined using the
fractional system in Europe and, in the majority of situations, there will be a
favorite and an underdog. For example, the odds setters may believe Arsenal
will beat Manchester United and, therefore, price the former at 2/1 and the
latter at 4/1.
Using these odds, a customer choosing Arsenal would earn a 2X
profit on their stake and anyone wagering money on United would realize a 4X
profit. In these situations, the only thing a punter needs to accurately
predict when they place a win bet is which team will come out victorious (or
whether it will be a draw).
It is possible to take this system one step further by turning
it into a score cast (you predict the winner + the correct score); however, the
main premise is always the same: pick the right result.
One of the best ways to earn a huge return on your investment
without risking a lot is the accumulator bet. These bets require you to stake a
certain amount of money on a selection of results. For example, an accumulator
bet can consist of the punter picking the winner in a list of five matches,
such as:
• Arsenal vs. Manchester United
• Chelsea vs. Tottenham
• Manchester City vs. Liverpool
• West Ham United vs. Reading
• Wigan Athletic vs. Newcastle United
• Chelsea vs. Tottenham
• Manchester City vs. Liverpool
• West Ham United vs. Reading
• Wigan Athletic vs. Newcastle United
The bookie will offer you certain odds on the outcome of each match
and if you get all your picks correct you win the bet. However, if you get one
or more of your selections wrong, then your bet is decaled as a loser and the
bookie keeps your stake.
The reason these bets offer such lucrative payouts is that the
odds of each bet are combined to give one overall chance of your selections
being right. Thus, if you choose a string of favorites, the odds of an
accumulator bet will be lower than if you chose a host of outsiders. However,
as a rule, accumulator bets offer the greatest returns for the smallest stakes.
The Parlay Bet
Similar to accumulators, parlay bets system work on the
principle that a punter starts with an original stake and they then take the
profits from a win and parlay them across a range of subsequent bets.
For example, starting with a stake of $10, a punter will first
place a single win bet and, if this is successful, then they will take their
cash and wager it on another match. This process of parlaying profits then
continues until the punter decides to stop.
Essentially, the parlay system forces you to bet your stake and
profit on the next bet until you either lose or decide to stop. This is great
for football betting because it allows you to bet on big favorites and still
make a big profit from a relatively small stake.
In-Play Football Bets
In the online arena it's possible to speculate on a football
match while it is in progress. Known as in-play betting, these bets are
profitable because a bookmaker has less time to research and set their odds. Essentially
in-play betting is a reactive form of odds making and because of this gamblers
can find a lot of value.
The main thing you need to bear in mind when utilizing in-play
betting is speed. Being quick to not only spot a change in dynamics but to place
your bet in time also is essential, because online bookmakers will be quick to
reset the line if they realize they are out of sync.
Exotic Bets
Exotic Bets
When you look at certain matches specifically you'll find a
string of exotic bets that offer you the ability to ante-up on something
specific to that match. For example, this might be a certain player to score
first, the first player to get booked or the number of incidents (such as
corners, fouls or penalties) committed in a game.
The odds for these outcomes will be based on the teams and the
players in the match, so you'll always find something different in the exotic
betting market depending on each match and the dynamics involved.
Now you've got a handle on the main betting options in the
football world, it's now time to look at the ways you can utilize these options
to make the most money possible. Of course, because everyone is different, the
football betting strategy isn't a one size fits all proposition. However, the
techniques we've outlined in this article should give you enough of an insight
into the necessary techniques needed for success.
So, without further ado, here's a look at some simple football
betting strategies that should help you improve your EV in the online arena.
Check the News: To become a successful football bettor you need
to keep up-to-date with a team's news. Looking at everything from the latest
signings to injuries and suspensions, you should familiarize yourself with
everything that's happening at a football club you want to bet on.
Study the Form: All sports teams go through bad patches.
Conversely, the same team will also go through positive patches where they
can't stop winning. Knowing the form of every team you're looking to bet on is
essential if you want to make accurate predictions. For example, if you know
that a highly ranked team is currently suffering a bout of bad luck, then you
can often bet against them and get better odds than you might normally.
Dynamics: Football players are affected by mood swings just like
the rest of society. If a team has been a losing a lot then it's likely the
players will lack motivation and, therefore, be more likely to lose. Similarly,
if a team has just received some positive news, the players will be more likely
to perform well.
Bankroll Management: While it's possible to use advanced
techniques to determine the amount you should bet, such as the Kelly Criterion,
the basic premise is that you shouldn't wager more than you can afford.
Although everyone will have a different amount of money to wager, the
percentage of their bankroll at risk should always be the same. As a general
rule, you shouldn't stake more than 3%-5% of your overall bankroll on a single
wager.
Psychology: The final football betting strategy you need to be
aware of is psychology. Betting markets are designed to make you feel as if you
don't know what you're doing. However, if you've done your research, clearly
defined your bankroll and taken your time to choose the correct wagers, then
you should feel confident that you'll make a profit. Similarly, when things are
going against you, you shouldn't get despondent. Learning to stay positive when
you're losing is a key skill in football betting and one you need to master.
Essentially, if you know your overall strategy is correct, then the results
should determine how happy or sad you feel. Click here for the best betting company of all time.