Sports betting is blowing up as some more websites and apps support it. This article will be reviewing a part of the bettor’s journey.
Read on till the end as I show you
- 7 best ways to get the greatest returns on your bets
- How you can wager less and still win more
- How making a betting schedule will save you money
- How to create realistic betting goals
Why does everyone love sports betting? It is fine, exciting, and adventurous and it gives you a chance to make some more money!
But just like in every field, there are beginners at betting too- not everyone wakes up and becomes a pro and starts cashing out on their stakes.
Beginners are not meant to go all out and start placing wagers. It doesn’t work that way…
You should know that there are two kinds of sports bets you can make. While there are regular physical sports, some others are played fully online. The latter are called Esports. They are electronic sports with gamers who play games such as CS:GO, and StarCraft. Betting on these games can win you money as long as you have your predictions spot on.
These good habits of betting have helped millions across the world and we hope you apply everything. We advise that you follow ALL the tips. The combination of them all gives you a premium sports betting experience.
- Open and Maintain a Specific Bank Account
To make enough money when you bet, you must be ready to go all out for it. So, you need a bank account dedicated to that separately. This account should contain enough money to bankroll your bets for a year or a season. Don’t deposit for one game only!
You can calculate the amount you need by simply multiplying your base bet by 100. That way, you would have enough in your account to invest all through that year.
To know your base bet as a newbie, simply look at the average amount you can spend on a single bet multiplied by 100.
- Be Smart With Your Bets
Consciously make smart bets. This is not some Greek affair- it’s pretty straightforward. While betting is mostly about numbers, there are still some smart ways to make things go the way you want them to.
For example, you should know what team you should or shouldn’t bet on. While your calculated average bet amount stands for 1 to 2% of your bankroll, you should cut it down to 0.5% where you are not sure of the outcome.
On the flip side, if you’re super confident about winning, then you can increase your odds. But don’t be too overconfident and place your odds over 4% of your bankroll.
Some experts even suggest that you should walk away from a bet if you aren’t confident enough about it. That is wise, isn’t it?
- Create a Betting Schedule and Follow it
It is not enough to build the desire to bet, it is necessary to follow it up with some real plans. Create a schedule of the matches you want to bet on.
Don’t place wagers on every other game. It would confuse you eventually. Only pick games that you’re most confident about. But if you notice a dip in your confidence level, pull out before the match starts.
Odds change and so should you! That doesn’t make you a loser- it makes you a tad wiser instead.
- Make Your Betting Goals Achievable
The truth is that it is very easy to win big on your predictions. Even someone who does not know so much about a sport can make correct predictions.
However, there is a wide gap between winning some wager and cashing out regularly to make huge money. The latter is difficult. So difficult.
Only a little chunk of sports bettors make money consistently. What most sports betting companies don’t say is that the majority of the people lose money. This is due to many reasons that we’d address in another release.
The point is to make your goals realistic. Don’t feel too full of the knowledge of a team to the point that you place too much wager on them and lose in the long run. You can make better goals when you’ve gained enough experience.
As a beginner, focus on having fun- you’d soon be a pro at what you do.
- Know and Understand the Basics
While sports betting seems like the easiest thing to do, it is also not something that you should jump into without proper information. Learn the relevant basics before you start placing wagers. The basics may not get you all the profit in the world but they would help you create a solid foundation for your betting journey.
- Make a Budget and Have a Staking Plan
If you have a betting schedule, then you should have a budget allocated to cover all your bets within the schedule.
Budgeting in this case is not just keeping money aside to wager later. It also involves giving yourself limits to how much you spend on every bet. Also, you should know when you have extra and you’re very confident enough to wager even much more cash.
Create a daily, weekly, monthly, and even an annual budget. Be specific with the matches you’re staking on. Keep the amount within your means and don’t exaggerate your probability to win.
Keeping a budget will help you maintain control over your finances without feeling that betting is taking too much from you.
- Choose Wisely
One of the biggest upsides to sports betting is that it comes with so many alternatives and amazing options. You can get on practically any sport ranging from soccer to dog racing. There is so much to wager on that you may get confused in the middle of everything.
This could get confusing especially as a newbie. Too many wagers mean staking too much money which could pay you when you win but could be counterproductive if you lose. You tend to make decisions that will not favor you when you make multiple wagers, so it’s best to fix your eyes on the best opportunities instead.
Be sure to look out for companies that offer cs:go betting promo codes & free coins. These allow you to play better and longer especially if you want to wager on a game that is not in your betting schedule.
Finding the right sports match can be a long and arduous process. But you can fast-track your capacity to win as long as you’ve learned the basics.
You should also logically select wagers after considering multiple options that lead up to that decision. All these will yield better results than spreading your thoughts all over the place.
We are saying you should focus on one sport only. You can do multiple. But be sure to understand the games before you play them.