Here you will find tips to bet successfully – because it takes more than your gut feeling and watching a game on Sky at the weekend?
Our guide to successful sports betting
Sports betting is not a special science, but betting fans should be familiar with the most important basics. Not only does this make it easier to get started, it also gives you much better results. Especially for beginners many questions arise. How do I find the best bookmaker? What is the right strategy? What do I have to pay special attention to when placing sports bets? The guide deals with the most important criteria and shows what is particularly important in successful sports betting.
Finding the right bookmaker
Anyone wishing to place sports bets must first register with one of the many online bookmakers. Since the requirements vary depending on the weather, this is always a subjective decision. The most important criteria for a good betting provider are the widest possible range of bets, good odds, an easy-to-use platform and easily accessible support. Those who like to play with high stakes should also take a look at the betting limits. With a detailed online comparison, you can quickly separate the wheat from the chaff and find the best sports betting provider for your requirements.
The issue of odds
The better the odds, the higher the potential win. There are considerable differences between the individual bookmakers. Good betting providers work with an average payout key of about 94 percent. For particularly important events, this can also rise to 96 to 97 percent. Who places his bets with a bookmaker with worse odds loses a longer period seen sometimes several hundred euros. It should also be noted that some bookies have noticeable tendencies towards outsiders or favourites, while others offer particularly good odds for a draw. A precise comparison of odds is therefore essential for successful sports weather.
Bet on favourites or outsiders?
Tips on favourites naturally have a higher chance of winning. However, this does not mean that sports weather will be more successful in the long run. Because the odds for a favourite victory are significantly lower. In addition, there is of course no guarantee that the top teams will always win. Even a defeat or a draw can cancel out the winnings of numerous favourite tips. The tendency is therefore that sports weather that relies on outsiders is more successful in the long run.
Smaller leagues often bring more
Bookmakers create their odds based on a variety of information. The more you know about each team and player, the easier it is to set odds. For this reason it can be advantageous for sports weather to concentrate on the lesser known leagues. If you know this well, you often have an information advantage over the bookmaker and can take advantage of high odds in this way. The chance that the betting provider will make a misquoting due to a lack of information is much higher in smaller leagues.
The risk with combined bets
Combination bets combine several tips into one bet. It is possible to place any number of single bets. Since the individual odds are multiplied, the odds are much higher. But beware: If only one game ends differently than the one you have typed, the entire combination bet is considered lost. Combined bets are usually used to increase the odds on favourite bets. The more tips combined on a betting slip, the higher the win and risk.
Protection with system bets
System betting is one way to minimize risk. Sports bettors can choose from different systems such as “3 out of 4”, “4 out of 5” or “4 out of 6”. In this way, it is possible to prevent the bet from being lost in the event of a wrong bet. For example, if you play a system “3 out of 4”, you only have to have three correct bets to win four tips. This naturally has an effect on the odds, which are lower compared to classic combination bets. With most bookmakers system bets can be supplemented still by so-called banks.
Special tension with live bets
Meanwhile live bets take up a large part of the betting offer with bookmakers. The special thing about it is that the odds are permanently adjusted to the course of the game. This ensures interesting changes in odds when, for example, the favourite falls behind. Depending on the bookmaker, it is possible to bet on a variety of events such as the next throw-in, corner kick, free kick, etc. during the game. However, this is more of a game of chance than real sports betting. It should also be noted that the odds on live bets are much lower. Here a payout key of more than 90 percent is rarely reached.
Sports betting with strategy
Contrary to what many people think, sports betting has little to do with gambling. If you want to be successful in the long run, you need the right strategy in addition to the right knowledge.
In recent decades, a wealth of betting strategies has been developed, all of which have their advantages and disadvantages. For example, it can make sense to consistently bet on a draw in football betting. Another variant is the so-called “Surebets”, i.e. safe bets that win in any case. Professional sports bettors also use mathematical formulas such as the “Kelly Formula”. Which strategy fits best always depends on the respective goal of the sports weather and its willingness to take risks.
Money management, the be-all and end-all for sports betting
To be successful with sports betting in the long run, good money management is essential. First of all it is important to define a certain budget, which is available for the bets. The individual stakes should then be aligned with this.
As a rule of thumb, you should bet a maximum of one to five percent on a certain event. Irrespective of the outcome of the bet, the stake should remain as constant as possible. Many betting fans make the mistake of wanting to quickly make up for lost bets with higher stakes. The result is often a total loss.