Betting on sports is very entertaining and addictive and can transform boring fixtures into fascinating ones. It is important for gamblers to acknowledge that they are likely to lose over the long term, but this does not mean that every gambler does.
If putting in sufficient research, effort and with a little bit of luck, then you can make money from gambling, as professional gamblers are testament to this. This is a list of ways that you can get the best return from your betting.
Avoid impulsive bets
This tip seems the most obvious but is the most common way that gamblers will ruin their bankroll, and it happens before they get the chance to realise what is happening. Make sure to always put sufficient thoughts into your bets and never bet for the sake of betting.
You might win an impulsive bet here and there but over the long term, you will lose and if you are looking to maximise your returns from sports betting, compulsive betting with little thought must be avoided.
Use odds checkers
Odds checkers are very easily available, completely free and a fantastic way to increase your winnings. This tip is very simple: once you have a bet that you are happy with, go on to an odds checker and place that bet with the bookies that has the best odds. If you win, you will win more than you would have otherwise, and it costs nothing besides a couple of minutes of your time.
Make sure to put in time into researching your bets. If you are betting on horses, look up the horses’ recent performances as well as its past performances on the track, look up the jockey’s and the trainer’s recent results.
Bookies like Betfair set up their odds to try and get people to bet in similar proportions on each result. For example, in football, the odds of each team win, and draw are fixed there to encourage punters to bet on any of the three. Put in research and you will be doing more than a majority of gamblers, giving you an instant competitive advantage and making you more likely to win money.
Set up different accounts
This tip ties into the odds checker tips but it is not the only reason you should set up different accounts. The first reason is to profit from the welcome offers. These offers are designed to be profitable to entice you into betting with the bookie, but it is completely legal to just profit from the welcome offer and not bet with the bookie again.
If you do this with the most bookies as you can, you are minimising the risk involved with your betting and maximising possible returns, so it really is a no brainer.
As well as this clear advantage, different betting companies offer different promotions. Ladbrokes offer a boost every day for example, where you can choose your bet and boost it a little bit, and Skybet chooses a bet for big events and doubles the odds.
If you are making sure you stay aware of the best offers across these platforms, then you will be able to use the most lucrative ones and as such, you will be giving yourself the best chance of making money. The house always win as they say, but if you use this tip, you are skewing the odds back into your favour.
Remember, the house wins because of gamblers that do not put in the effort and do not bet smart. Avoid those mistakes and you will massively increase your chances of making money.