Sports Betting Guide – Rules and Conditions Every Punter Should Know
The hunt for the best betting tips never stops. Every now and again a jammy customer would claim to have gotten the license to print money and shake the sports betting world to its core. Every time history repeats itself because, to be frank, even the pundits want that magic dmoney-making formula as much as the next person. On the other hand, sports betting is divisive in the way punters tackle a losing streak, some up the antes and some turtle up even more. After the same fashion, many stratagems were devised and now serve the needs of the two polarized groups.
Having some change and spare time on your hand can be a spurious blessing. Maybe you wager just for fun, what is even more fun though is being in the black. Start off by asking yourself what is your end goal. Make a mental note to set forth a distinct motif why you chose to bet on sports for the time being. Do you wager sparingly or for a living? Do you want to prove a point and often get caught up in the notion, chasing your losses? What’s the mad dash for? Sports betting isn’t a sprint race but a marathon. Chasing your losses could have a rippling effect on everything and greatly compromise what you do thereafter.
Betting Markets & Strategies
- Betting Odds Explained
- Arbitrage Betting Explained
- How Hedging Bets Work
- Kelly Criterion Betting Strategy
- Moneyline Betting in Sports
- Parlay Betting Explained
- All about Point Spread Betting
- Meaning of Over Under Betting
- Understanding Outright Bets
- What Prop Bets are About
- Explaining a Bet Accumulator
- Making Betting Permutations
- Role of Basic Probability
Plunge or Pass? – Value Bets
The prerequisite of a value bet concludes in a very simple stipulation. That is when the odds represent the correct probability the respective outcome to occur. In the case of a coin flip, purely by the book, you should be able to afford to be right every other time and still be even money. That means a 50% chance translates into odds of 2.00 (decimal) – > 100/50 = 2. Those are the fair odds for this “game” and we expect that the top betting websites would offer somewhere near that margin.
Anything above will be considered as odds of high value. Not that we won’t take 2/1 but every little bit helps in the long term. Here is the beauty of messing around with sports – nothing is for certain. Unlike dices and coins, it’s not so simple to define with numbers beforehand something as fluid and vague as a sports meet. Everything boils down to asking yourself how often your prediction would turn out to be true percentage wise. Then divide 100 by the rough estimate and if the resulting odds are greater than what you’re offered the conservative play is to pass.
What is a Betting System?
First and foremost, scrupulous attention to detail when researching will never do you harm. After all, a system is meant to help you get where you’re heading but it still has to be put in the context of a basic idea. Trying to suss this out will put you on the right track. The quest for a killer system that automatically rakes in the cash ends here.
Just to clear the air, even the best tips for sports betting should be used prudently. Simply put, a betting system is a set of rules that normalizes the criteria by which a value bet is chosen. You must then strictly abide by the norm at all times for the result to take effect. No system is ineffable though, they simply exploit different facets of the betting fundamentals. It’s important to choose a system with a proof of concept and then dully follow it for quite some time in order to see a positive change. We comprehend that perseverance is not a virtue of the average punter, therefore we’ll try to break the mould and attempt to include tips and systems you can identify with.
Horse Racing Systems
What better way to start than with horse racing? This competitive endeavour encompasses markets of copious choices should you plan to explore them all. The betting types that are accepted are equally as good. The space is intensified by major annual events with various line-ups, number of participants and track specifics. Horse betting is just great, take us at our word. Be that as it may, to make it worth your while we’ll elucidate some more on the systems for horse racing. Hereby, we bring to your attention three versatile systems that are vastly considered worldwide.
Each way bets traditionally involve two individual lines- a win and a place bet. Essentially these are independent predictions each of which constitutes an individual bet. The win part pays if the selection finishes first or wins the race. The other half gives a return if the selection wins or takes one of the pre-decided places. The longer the line-up the more finishing positions that will count. This part of the bet is settled on a fraction of the win odds ½, ¼ etc. Unlike the precarious nature of the win clause, the place half will result in a beneficial outcome most of the time. That is reflected in the disproportionate odds for the two predictions. By reasons of rational thinking, Each-Way makes more sense when a punter wants to take less risk, that’s why we start our horse racing guide with it.
Back the Beaten Favourite
One of the best way to bet horses is to abide by the rule of the beaten favourite. When an overly trumped up horse fails to deliver often what happens next is it loses face for the next couple of races. Usually, in response the bookies will try to counter the decline of trust by juicing up the odds. This position exemplifies the term “value bet” since the chances of winning of a good horse will be seriously understated. By this token, backing the beaten favourite makes for a great long-term strategy because always taking the right value for a wager will ineluctably pay off in the long haul.
As the name implies, Flexi Betting gives a good portion of flexibility when on a budget. Imagine that you fancy a Trifecta, First 4 or a Quaddie. What you’d normally want is to maximize your chances of winning and pick some additional selections to go with your main prediction. Let’s illustrate the point with a Trifecta. Say we have four favourites for the top three spots but we are clueless as to how they’ll place. Combining more than three selections here, when only so much are required, gives us some room for mistake. However, there are 24 combinations we need to cover and £24 is an awful lot for some.
The best betting sites address this issue by means of Flexi Bet. The system permits punters to outlay less than £1 per combo and still get dues. Here is how it works. First, your stake is divided by the sum your bet would normally cost and then multiplied by 100 to get the percentage value. So, if we want to wager just £12 instead of £24 – 12/24 = 0.5, 0.5X100 =50%. Meaning that we will take 50% of what we would normally take had we opted for a £24 total and the bet won. After the same fashion, we can increase the number of selections without having to worry about the stake total. As a trade-off we’d win a lesser percentage of the final amount.
Betting Tips for Team Sports
Albeit unpredictable in nature, football takes a central place in the sports betting industry. Just as that’s true so too any punter can use certain guidelines to improve their chances of success. Here are several things you can’t discriminate, that is Team Form, Head-to-Head, Home/Away Win Ratio, Team News and Motivation. Looking at it beyond football’s perspective you’ll quickly realize those play a major role in deciphering the outcome of every team sports meet. Let’s look at those important factors one by one.
You should not allow the flow of public opinion to incapacitate you. Read strict match reports and unbiased reviews before jumping to conclusions – you can analyze only so much looking at the final result. While last 5 scores paints with a broad brush the team form, this information is utterly insufficient for a well-informed decision. Truth be told, the top online bookies provide much more than that, and for a good reason. Maybe the team has decent firepower but can’t materialize their frontline superiority.
In this case, as a matter of course the positive results will come sooner or later but would you want to play the guessing game? A case in point is goalie’s magical abilities to deflect every single shot on target. That’s why the lack of goals can’t be indicative of a team’s performance. By the same token, not all goals carry the same weight – a last-minute screamer would do, but we’re looking here for a potent offense that’s showing consistency. Be aware of these things, and instead of relying heavily on the numerical side watch highlights and read good sports betting overviews.
Leverage the Potential of Live Betting
Not one punter especially likes when things get out of hand. For that reason alone it’s worth getting busy with Live Betting. This is a beginner-friendly strategy all by itself considering the fact you can wager through the course of a game and change gears correspondingly. The idea is best executed through mobile, one can even wager while in the stadium – in the midst of the action.
Why is the head-to-head record of value for a correct football prediction? If neither team underwent major changes since when the record was started it’s highly likely it will contain the answers we want. Yes, for the most part, siding with the head-to-head statistic will do you justice because in football recurrent states of play are not a rare sight. Not to mention, some teams have an affinity for getting the better of particular opponents. That being the case, a good betting strategy is to investigate who’s got whose number before committing.
Home/Away Win Ratio
There are those teams that are a tough nut to crack on home ground. Some smaller clubs indeed prove to be exceedingly resilient in front of the home crowd. Often times, teams based in the second half of the ranking will bank on their home performance to keep them afloat. Additionally, some teams’ bench is just too short to keep delivering. Consequently, a home/away can give us more insight as to how a team plans on distributing their strength throughout the campaign. With this in mind, our top betting tip would be to also take ranking and upcoming matches into consideration.
Team News & Motivation
We decided on conflating Team news and motivation because we for one think the two are interconnected. Should a high-rank shift or transfer occur in the club, it will inevitably affect team’s morale or more specifically their motivation. Our words of wisdom here would be if a club is going through the changes too fast, flat out give it a swerve.
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To Wrap Things Up
Hopefully, we brought you round to how profound sports betting done right can be. No matter the event you ought to distinguish which bet is worth taking. Turn down the offers which are of no value to you. In order to advance your football predictions to the next level don’t belittle the importance of research. When plotting out your strategy assess carefully things like motivation recent news and head-to-head history. Last but not least steer clear of teams that are undergoing cardinal changes. There you have it.