Are you placing wagers and not getting the returns you expect? Maybe you have been at it for years and still don’t understand why you are not playing in the big leagues. Or you have been placing wagers for the last few weeks and are yet to score a single win. What could be wrong?
Sports betting is simpler than most punters believe. Often, punters think they must master the most intricate betting systems ever invented. But that’s not the case. Just like in business, the basics will always matter the most. It comes down to simple things like relying on bookies like Fezbet, who have the best odds—or knowing when to place wagers and walk away from a loss.
We cover some of the most effective ways to level up your sports betting career:
Start from Scratch
The urge to start by placing wagers amounting to thousands of dollars will always be there. After all, when placing a bet, you get to see how much you can win if you place a huge amount of money on the bet. But such a leap often results in huge losses.
What’s the alternative?
- Start by understanding how the game works: Whether you are betting on football, tennis, or basketball, you must know the ins and outs of the game. Watch at least five games before you even place a wager,
- Learn the basics of the bets you can place on the game: Start small with the easiest ones like match winner and avoid the riskier ones like total goals. The less complicated a bet is, the easier it is to make a correct prediction, and
- Figure out how odds work: Do you understand how bookies set odds after factoring in their commissions? It’s time you did!
Most importantly, specialize in a game. If you want to wager on football, stick to football. It’s easier to get better at something when you give it your all than having your eggs in numerous baskets.
Have a Budget
How much money can you afford to lose? The truth is that most beginners lose more than they win. So, even if you start with a bankroll of $1,000, you could end up making $0! That’s why you must only wager money you are ready to lose.
The easiest way to budget for wagering is to come up with a schedule. For example, you can decide you will wager $100 every week. If you make money and add it to this $100, you will have enough to keep placing wagers. But if you lose the $100, you will need to stop playing until the following week.
Such a limitation is integral to protecting your savings.
Place Specific Wagers
The number of betting markets alone is enough to prompt you to try almost every wager available. But doing so would only reduce your winning chances. Instead of spreading your bets so thin, find a sport you enjoy and are knowledgeable about and choose a specific market. For example, you can decide to bet on football and only on match winners. That way, you will get the hang of the patterns and can quickly tell when a bet is too close to call.
Study Your Trends
Each time you place a wager, write it down and include the rationale behind the bet. After numerous plays, you will notice a trend in how you wager and can tell what you need to avoid in the future. For example, you may tend to back your favorite teams because of emotional ties. Avoiding this can help you score more wins.
Take Breaks
It’s easy to lose your objectivity after placing wagers for a while. Occasionally, take a break from placing bets and spend that time watching matches and doing research. Approaching wagers with a clear mind is often more fruitful than doing so when you have barely had time to regroup.
Treat your wagers like an investment and take the time to question each move you make. If you were investing in stocks, would you use the same rationale to back that team?