5 Steps to Be More Successful With Sports Betting

Sports betting shouldn’t be seen as a get-rich-quick scheme. However, with the right strategies and patience, there is the chance to make a decent return on the initial investment. Here are five steps that can help to be more successful with sports betting:

Find value

The ability to be successful with sports betting involves several factors. A major component is the ability to find value in a potential bet. This means searching for the bets with odds that seem too high and capitalizing on those opportunities. Check the bets on every match day and look out for the undervalued teams.

Money management

The ability to manage the bankroll is a major issue for anyone looking to achieve long-term success in this area. A simple strategy to avoid going bankrupt is to limit the maximum stake per bet to 1-2% of the total bankroll. By using this limited stake plan and betting on the value bets, there is the possibility of growing the income for the future.

Have patience

Betting should be seen as another form of investment that is successful over the long-term, and not the short. While the bankroll may seem to be growing slowly initially, this will gradually change when able to comfortably increase the stake for each bet. Betting involves a lot of winning streaks, losing streaks and other swings, so it is important to be consistent with the betting approach and avoid the temptation to stake a large percentage of the bankroll on a single bet in the hope of making it big in a much shorter time-frame.

Use the right sportsbook

Signing up to the best sportsbooks is certain to help become successful. Not all sportsbooks are very accommodating to the more successful players, so it is important to find one that won’t limit or even close the account after a few winning runs. However, there are plenty of good sportsbooks to use and it is simply a case of researching the available options and using those with a solid reputation and offers the type of bets that interest you.

Follow the experts

Many people find it difficult to identify the best or most valuable bets by themselves, and will simply prefer to use the services of one of the many successful tipster services. They can be very useful to compliment the betting action. There are plenty of tipsters offering a wide range of services. It is practical to trial the services for a short period with low stakes to understand the success rate before investing any real money on the tips offered.

Maddux Sports Betting

If you are still a little confused about what a teaser and parlay is maybe this will help you to understand them a bit. A teaser is a type of wager used in sports betting most commonly in basketball and football. This wager is a multi-team wager, allowing the bettor to choose a minimum of two teams up to, in some cases, 15 teams. The bettor will get points on his favor to add or subtract to the teams chosen to improve the point spread chosen, but will get a lower return if they win.

This can be tremendously advantageous if you think you have a lock on one team, but aren’t so sure of another. When you bet a teaser you’re betting on two teams. You get a lower return if you bet those teams separately, but the chances of you winning goes up. That’s the bonus of betting a teaser.

A parlay is when you bet on more than one team at the same time, and if they all win you get a lot bigger pay out. For example, a bettor could include four different wagers in a four-team parlay, whereby he is wagering that all four bets will win. If any of the four bets fails to cover, the bettor loses the parlay, but if all four bets win, the bettor receives a substantially higher payout (usually 10-1 in the case of a four-teamer) than if he made the four wagers separately.

Betting a parlay adds a bit of zest to an average bet. If you can hit a parlay it’s huge; huge pay out, huge for the ego, and huge excitement. Betting alone can be exhilarating, but hitting a parlay brings it to a new level. It’s like taking a scoop of ice cream, and turning it into a sundae. The parlay bet is it’s own bonus.

Getting an Edge in Sports Betting: Contrarian Sports Investing

Many people enjoy sports, and sports fans often enjoy placing wagers on the outcomes of sporting events. Most casual sports bettors lose money over time, creating a bad name for the sports betting industry. But what if we could “even the playing field?”

If we transform sports betting into a more business-like and professional endeavor, there is a higher likelihood that we can make the case for sports betting as an investment.

The Sports Marketplace as an Asset Class

How can we make the jump from gambling to investing? Working with a team of analysts, economists, and Wall Street professionals – we often toss the phrase “sports investing” around. But what makes something an “asset class?”

An asset class is often described as an investment with a marketplace – that has an inherent return. The sports betting world clearly has a marketplace – but what about a source of returns?

For instance, investors earn interest on bonds in exchange for lending money. Stockholders earn long-term returns by owning a portion of a company. Some economists say that “sports investors” have a built-in inherent return in the form of “risk transfer.” That is, sports investors can earn returns by helping provide liquidity and transferring risk amongst other sports marketplace participants (such as the betting public and sportsbooks).

Sports Investing Indicators

We can take this investing analogy a step further by studying the sports betting “marketplace.” Just like more traditional assets such as stocks and bonds are based on price, dividend yield, and interest rates – the sports marketplace “price” is based on point spreads or money line odds. These lines and odds change over time, just like stock prices rise and fall.

To further our goal of making sports gambling a more business-like endeavor, and to study the sports marketplace further, we collect several additional indicators. In particular, we collect public “betting percentages” to study “money flows” and sports marketplace activity. In addition, just as the financial headlines shout, “Stocks rally on heavy volume,” we also track the volume of betting activity in the sports gambling market.

Sports Marketplace Participants

Earlier, we discussed “risk transfer” and the sports marketplace participants. In the sports betting world, the sportsbooks serve a similar purpose as the investing world’s brokers and market-makers. They also sometimes act in manner similar to institutional investors.

In the investing world, the general public is known as the “small investor.” Similarly, the general public often makes small bets in the sports marketplace. The small bettor often bets with their heart, roots for their favorite teams, and has certain tendencies that can be exploited by other market participants.

“Sports investors” are participants who take on a similar role as a market-maker or institutional investor. Sports investors use a business-like approach to profit from sports betting. In effect, they take on a risk transfer role and are able to capture the inherent returns of the sports betting industry.

Contrarian Methods

How can we capture the inherent returns of the sports market? One method is to use a contrarian approach and bet against the public to capture value. This is one reason why we collect and study “betting percentages” from several major online sports books. Studying this data allows us to feel the pulse of the market action – and carve out the performance of the “general public.”

This, combined with point spread movement, and the “volume” of betting activity can give us an idea of what various participants are doing. Our research shows that the public, or “small bettors” – typically underperform in the sports betting industry. This, in turn, allows us to systematically capture value by using sports investing methods. Our goal is to apply a systematic and academic approach to the sports betting industry.

Choosing a Free Bet From an Online Betting Company

Online betting has been an enormous growth industry over the last few years, and today there are more companies than ever trying to attract customers to bet with them. In such a competitive industry, the online betting companies have to offer significant incentives to be able to attract these potential new customers, and the standard way in which this is done is through a free bet.

Although the basic concept is the same, the free bets on offer to vary from one company to the next. Due to this it is important that when signing up for a new account, the customer takes some time to weigh up the options and ensure the best deal is obtained.

How should you go about choosing a free bet?

The sheer number of these online betting firms can be quite overwhelming at first, so in this article I hope to provide some sensible advice on how you should go about choosing one.

Firstly, ensure that you choose a reputable online betting firm. There are a huge number of companies out there and the absolute vast majority are fully regulated and safe to use. However, this is not to say there are not some out there that would be better avoided. A simple general rule of thumb is that the online equivalent of your local high street bookmaker will be fine. Equally if you see adverts on prime time TV, then this will also be the case. But if you stumble across an unknown Internet bookmaker you have to ask yourself if you fully trust them with your money? In which case, a quick way to check is to ensure that the appropriate gaming license has been obtained via the relevant authority. In the case of the UK, online betting is regulated by the Gambling Commission, and they would grant this license. Note though that there are other authorities regulating offshore bookmakers, examples being the gaming commissions of Gibraltar and the Isle of Man. You will be able to find this information at the online bookmakers website.

Once you have decided upon a reputable online betting company, the next step is to choose a free bet offer. As mentioned above, due to the competitive nature of this industry the free bet offers are changed on a regular basis. Therefore you should ensure you shop around before settling on one.

The offers tend to vary quite significantly, and it is not always the case that the biggest is best. It is important to check out the terms and conditions that apply to the free bet you choose. While one free bet may be significantly larger than another, you might find there are very specific requirements for the events you can use it on, or the period of time in which it can be claimed.

You may find that a lot of identical value free bets appeal, in which case take some time to have a look around the online betting website. Some sites are better laid out than others and some are easier to use. This is often a matter of personal preference, so take a bit of time to use the site first. Remember that you will be able to do this before you sign up, but that you will still qualify for the free bet offer when you do go ahead.