Sports betting is the game of choice for many gamblers. With poker, there are some hands that you just can’t do anything with. The same goes for blackjack. But in sports betting, you’ll never put money down on a game that you’re not confident in, and there’s considerably less chance at play.
It will take you a very long time to get rich if you go for the safe bet on every single occasion given the odds you’ll get, but the fact is that a smart player can, in fact, learn the game well enough to seriously reduce the risk that comes with betting on a favourite team or athlete.
The question is: How do you do that?
Well, the first step is to…
Know Your Game
You want to be a fanatic about your chosen game if your aim is to win. If you’re betting just to make watching the game a little more fun, or because it’s your favourite team, then maybe you can get away with not being a scholar. But, if you’re looking to make a lot of money on sports betting, you need to know the game like a history professor knows Ancient Greece. You should look at the team’s past and think about how regular their wins and losses are. Know who the top scorers/winners are and who the unlikely underdogs are. If you really want to succeed at sports betting UK, you should know the game better than the odds makers do, because that’s who you must beat.
Set a Budget
When it’s betting season for you, start every week with a budget, what you can afford to lose on your bets, and stick to it. Don’t go a penny deeper than what you’ve set aside to spend. Put it in a separate account if that helps you to stay organised. You must go into each bet knowing you may not see that money again. Ultimately, you’re not paying for a chance at winning, you’re paying so you can play. Anything you get back is a reward. You can invest that back into your playing or you can put it aside in a retirement account, but don’t spend any more of your actual income than you’ve put into the budget.
Superstition is Another Word for Intuition
Gamblers have all kinds of superstitions. Some will tell you never to watch the games you have action on because it’s bad luck, while others say the opposite. The crazy thing is that sometimes superstitions wind up becoming true. There’s usually always a bit of truth behind them, so try not to go for something you’re not completely invested in or confident about.
Watching the game may be too exhausting an experience, making it more difficult to make the smart call on your next bet: because you have all these tense memories of the last game you bet on. It’s like a placebo. Sugar pills don’t have anything in them to make stress headaches go away, but they give the sufferer a feeling of control, and that can make the stress go away, curing the headache.
Maybe you’re the most rational person in the world and don’t believe in anything that seems completely fabricated or not plausible, but if you do start to develop your own superstitions when betting, that may just be your subconscious telling you things aren’t quite right.
Put Some Money Aside for Longshots
Although going for the obvious and small wins makes for more cautious betting, there’s nothing wrong with going for a longshot every once in a while. For example, the odds of Manchester United winning the premier league are 20 to 1. You’d be crazy to put ten grand on that. But, if you put £100 on it, you could potential get £2,000 back. If it’s in your budget, there’s nothing wrong with putting some money aside for the occasional longshot. You might live your whole life and never see it pay off, but if it does, a small investment can pay off big time.
Most of all, it’s important to have fun with sports betting and don’t let it take over your life too much. If you’re on a cold streak and having a bad time, take a break. Come back when you’re sharp and can have a good time, whether you win or lose.