There are a number of different ways in which customers can try to beat the bookmakers when it comes to sports betting, with minimising risk and maximising earnings the overall goal. Although unfortunately there is no sure-fire way of guaranteeing success, we are here to talk you through some of the most important factors to consider when betting on your favourite teams and players.
Such factors generally concern the value of bets and how to find them in the first place. Ultimately, the decision will lie with the customer and their objectives surrounding online betting, however our experts have laid out some points that will help everyone.
Back & Lay
This form of betting is all about minimising risk and finding the markets that offer the most value, with those utilising this strategy correctly virtually guaranteeing a profit. Perhaps the most important consideration surrounding this strategy is looking out for markets that you believe have been given a longer price than you think they should have been by the bookmaker. As well as this, customers can also select between either a sportsbook or betting exchange. As previously mentioned, this form of betting works best when a high value market is located.
Value betting is undoubtedly one of the most important forms of wagering for any type of customer. Despite the fact that any bet placed has the potential to lose, value bets require a large amount of knowledge on the particular market, enabling customers to assess the most likely outcomes, spot value and apply value in a detailed manner. Value betting is undoubtedly important to long-term profitability, with customers looking to take advantage of mistakes made by bookmakers. Whether you are a football fanatic or mad about tennis, be sure to look at as much information as you can before placing a bet. However, a value bet will differ from customer to customer. This is due to the fact that this form of wagering is ultimately a bet that punters believe has a higher chance of winning than their bookmaker does.
In-Play Betting Strategies
In-play betting has undoubtedly brought a whole new dimension to online sports betting, with sports such as football, tennis and basketball among the firm favourites with a number of bookmakers and customers. In-play betting, or live betting as it is sometimes known, has also offered a new type of betting strategy, as unlike pre-match markets, this form of wagering is based on good observations and quickly taking advantage of changes in sporting events. Successful in-play customers have a number of important approaches that generally surround attention to detail.
Taking Advantage of Bonuses & Promotions
Despite bookmakers nowadays setting strict wagering requirements and terms and conditions surrounding welcome bonuses and ongoing promotions, such offers are still worth baring in mind when coming up with a betting strategy. With virtually all online betting sites now offering some form of welcome offer, they are an excellent tool for gaining additional funds and adding to winnings. Those registering with a new bookmaker will usually receive a bonus, whether it be a matched deposit, free bet or price boost. As a result, those looking to kick-start a new betting strategy should certainly consider the welcome offer of their potential new betting platform.
Other Factors to Consider
As well as the factors discussed above, there are also a number of other areas to consider when forming a new betting strategy. Below are some of the most important criteria and areas of sports betting to consider, with each adding up to enhance your chances of placing successful bets on a consistent basis.
- Always Look for Value – Those who have something of a gift for consistently locating markets offering good value are likely to succeed in the long-term. Gaining value from bets is an important factor for any key strategy, meaning that betting customers should constantly be on the lookout for bets where you believe the bookmaker has made a mistake or priced inaccurately.
- Use In-Play to Your Advantage – In-play, or live betting, has quickly become one of the most popular forms of betting on sports, with many punters achieving great levels of success from such markets. The advantages surrounding in-play betting are clear, with customers able to watch the action as it unfolds, taking advantage of any changes in scoreline or incidents with speed. As well as this, in-play betting is undoubtedly one of the most exciting forms of betting available at present, with odds in such markets regularly tempting customers into wagering.
- Stick to Your Guns – No matter which sport it is that you follow, nothing is certain when it comes to betting. Surprises will always occur, meaning that it is not uncommon for customers to see their bank balance shrink. However, those who stick to markets that they are familiar with and fully research are far more likely to be in with a chance of consistently beating the bookmaker. So don’t get down when you see bets miss out, simply employ the same value betting strategies as before and have some patience.