Betting Strategies – How to Find the Most Successful Betting Strategy?
Betting fascinates many people globally as a leisure activity and also for the anticipated benefits to the participant. The ultimate motivation behind betting is simply winning that coveted extra cash. Betting can change your financial status in a moment either positively or negatively. ‘Betting strategy’ and ‘betting system’ are common words in the gambling business and at times they are used interchangeably. However, we can draw a slight difference between the two terms. The betting system is the established procedure of performing gambling as developed by the service provider while betting strategy is the application of self-discretion in manoeuvring through the betting process to make money rather than lose. While the betting system is predetermined, the betting strategy is subjective and flexible. Betting strategy depends on your intelligence as a player, and it is developed over time through experiences by consistent participation. Just like any other game, practice perfects skills, and the attained prowess is quite beneficial. There are various identified betting strategies but how you exercise the plan makes the difference. The plans act as guidelines on how to manipulate the betting system to get the victory. This article discusses the betting strategies that may help you if you are a newbie in the betting world or want to learn more.
What Are the Main Sports Betting Strategies?Is betting just about luck? We think not, there is surely an element of luck out there at times but most punters like to adhere to a strategy or strategies when placing their bets, here are the most of note.
- It is tax-free; you have the option to either go long or short; and then the market to bet on is round-the-clock
Pick a Strategy & Try It at Our Best Bookies!
What Is the Best Sports Betting Strategy and Why?The best sports betting strategy is hedge betting. Hedge betting gives you the either-way advantage of betting on the winning team. You place several wagers on varying outcomes of the sports event. The subsequent wagers are prompted by the changing status of the game that would otherwise lead to a significant loss if not countered. Why should you adopt hedge as an appealing alternative? First, it is an antidote to the impending danger of a massive loss on the initial wager.
- Martingale: This is one betting strategy that is a bit annoying and disgusting. The win is by a small margin, so you need to play more to earn a reasonable amount. The pattern of doubling up the bet continually is not encouraging to a punter, and a beginner may easily get enticed into putting the unacceptably huge amount on betting risking greater loss. The base determines the apex since the beginning of the losing streak is the start of enormous losses. Martingale works on a rather obvious principle of 50% probability which creates monotone making the game rigid rather than fun. As a punter, you not only want to place bets but also experience the entertainment part of gaming with your buddies. Therefore a gaming strategy with a powerful formula is preferable.
- Back-to-Lay Betting Strategy: This gaming strategy is less sensitive because it entails double betting on the same selection which might be a bit absurd at times. A wise punter will avoid a situation whereby they bet and re-bet to defend the same stake. Though helpful in extreme cases Back-to-Lay Betting is redundant, and the subsequent lay bet does not guarantee a win either. The scenario may go haywire even after signs of change that prompt for the lay bet, rendering it null and void. In such a worse case the punter gets a big blow that may impair his quest for gaming.
Strategies for Specific SportsEvery sports activity has a strategy that is best suited for it following the experience with the gamblers though this is debatable. Consider the hints below on various games.
Tips on What to Do Before BettingWe have laid out some tips and considerations below that may help you on your way.
- ATS (Against The Spread): refers to results in game accounts for point spread
- Bookmaker/Bookie: the person who takes wagers on betting games
- Chalk: the favourite participant in the sport such as a team, player, or horse
- Chalk Player: an individual who bets only for the favoured teams
- Circled Game: a game with restricted options or lowered limits as a result of injuries
- Cover: to get the required number of points to beat the point spread
- Dead heat: horses finishing in a tie
- Dog Player: a bettor who prefers the underdog
- Double bet: a wager two times the usual one
- Edge: the bettor’s advantage after betting
- Exposure: the maximum monetary value that a sportsbook ought to lose in a game
- Figure: money that the bookmaker owes you or you owe
- Hedging: to place wager on opposite sides to guarantee minimum wins or minimise loss
- Juice: commission that the bookie earns
- Limit: the largest amount a bookie will let you bet before he adjusts the odds or point
- Longshot: player or team that is mostly expected to lose
- Over/Under: a gamble in which the total points of both teams will be more or less than a specified number
- Point spread: The headstart or handicap that the favourite gives the underdog for the sake of betting
- Price: point spread or odds
- Underdog: the weaker team that is most likely to win the game
- Value: source the best odds/ wager offers in the market, and the highest edge