Now, I am not going to say I’m the best sports betting enthusiast that’s ever walked the face of the planet, but I have a decade’s worth of experience in this field. I will admit to having got shellacked a few times over the last 10 years, but I think it’s fair to say that I have amassed a decent six-figure return from my betting escapades over that time. There is really a certain method to the madness of sports betting, and for what it’s worth, here is me trying to help you out;
1. Seek basic knowledge of how odds come to be
Sure, betting revolves around teams, people and events involved (and how good/popular they are). But what people don’t know is that the odds you see are merely a smokescreen of what the bookmaker expects the general public to stake. Bookmakers exist to make commissions and will want a low success rate for their customers. When you understand odds and public perceptions, then you will know when the public is wrong, the bookmakers are wrong, and you are right.
2. Multibets are not exactly your ticket to opulence
Multibets are the proverbial carrot. So near yet so far. They tantalize you with the allure of a big score, but their success hinges on so many factors that you are better off placing several single bets. However, if you have done your research and are sure of the value of the bet you are placing, then, by all means, go for it.
3. Keep your bank roll low
You will need to understand that there is an inherent risk of loss in sports betting, so don’t go all out. Be prepared to absorb losses, and this means only staking what you can afford to lose. Whether that amount is $100 or $1000 depends entirely on you. Start low and move to bigger things over time.
4. Follow good sports betting people and resources in your area
The good thing about local betting sites is that they are not swamped and have a good feel of the local league.