If you’re looking to improve your sports betting returns, you’ll need some solid strategy at your disposal. With a little careful planning, even a modest starting stake can be transformed into a stack of winnings. First off, you’ll need to set a bankroll. Once you’ve decided how much you’re willing to spend (and are prepared to lose) you can start exploring the markets. Need some pointers to set you on your way? Read on for an overview of the things you should be considering if you’re looking to drive up your winning percentage.
Pick a Sport and Stick With It
When it comes to successful sports betting, it’s best not to spread yourself too thin. Although there’s some overlap, different sports require vastly different betting strategies. Even if you’re committing to soccer betting, it’s important to concentrate on a few leagues. To know your odds and secure the best chance of a return, you need to be familiar with team lineups and player performance. The safest bets are often the simplest. Spend some time mastering betting basics with major leagues before exploring more lucrative odds elsewhere.
Use a Variety of Betting Sites and Online Bookmarkers
When it comes to securing the best online odds, it makes sense to explore a wide slate of betting sites and bookmakers. In the United States, the sports betting market is thriving. By the end of 2021, the market was estimated to be worth more than $52 billion.
This booming market is good news for those looking to stake a wager. Because bookmarkers are so competitive, you may notice considerable variety in available odds. If you’re fairly confident about the outcome of a sporting fixture, it makes sense to stake the same bet across multiple platforms.
Explore the Potential of Matched Betting
If you’ve created accounts with multiple betting platforms, you can start leveraging matched betting to your advantage. Matched betting involves you utilizing free bet promotions offered by online bookmakers. This strategy is often considered a risk-free way of winnings at sports betting. You’ll need to place at least one bet on each outcome to mitigate the chance of losing money. Provided you put the effort in, matched betting can be a profitable enterprise. In fact, many sports fans use matched betting as a lucrative side hustle.
Don’t Be Sentimental
If you’re serious about improving your odds of winning, there’s no room for sentiment in sports betting. The fact you’ve followed a team since childhood has no bearing on how well they’ll plan on any given day. When exploring odds and placing bets, remain as detached as possible. Successful betting strategy is a science, after all.
Avoid Touts and Novelty Bets
Touts and handicap bets can be tempting, but these should always be viewed with caution. Generally speaking, these types of bets should only be brought into play if you’re looking to mix things up. Even if a fixture plays out in your favor, you’ll likely end up paying commission on your winnings. That being said, you can certainly explore the likes of accumulator bets to turn marginal amounts of cash into significant lump sums. However, as a rule, it’s best to keep things simple if you’re looking to preserve your profit margin.
