Sports Betting Strategy – Improving Your Betting Skills
Have you ever felt like it’s impossible to make any money from betting on sports? Or that you’re ALWAYS going to end up losing, no matter what you do?
You’re not alone if you have. Profitable sports betting is difficult, and most bettors reach a point where they think it’s simply not possible. As a result, some of them give up betting completely while others decide to just bet for the fun of it.
Either approach is fine, but there’s another option too. That’s to face the challenge head-on, and do whatever it takes to beat the bookmakers. With the right knowledge and plenty of commitment, it IS possible to make money from sports betting.
If you’re willing to put in the commitment, then we can give you the knowledge. We’re a team of experienced sports bettors, and we know a thing or two about how to bet effectively. Although we don’t have any perfect systems that return guaranteed profits, there’s a lot we can teach you about sports betting strategy. And that’s exactly what we do right here.
This section of our sports betting guide is packed full of information and advice that will help you become a successful sports bettor. We’ve split it all into the following six categories, each of which is explained in detail below.
Preparation and Planning
You can start learning about the strategy involved in sports betting even if you’re a complete beginner. However, it pays to do some preparation and planning first. Being prepared will help you get more out of the learning process, and having a proper plan in place will make it easier to put what you learn into practice.
So, what sort of preparation should you do then? Well, the first step is to ensure that you understand all the basics of sports betting. If you don’t, even the simplest strategies won’t make much sense to you.
If your sports betting knowledge is minimal or even obsolete, then we recommend reading the article listed below. This covers the fundamental aspects of sports betting that you absolutely HAVE to know.
Here’s a list of some of the other things you should learn about too.
- The different types of sports wagers
- The different odds formats
- How to calculate potential payouts
- The different types of bookmakers
- The concept of value
- How to manage your money
- How to carry out research and analysis
- How to handle your emotions
Feeling a little overwhelmed? Don’t worry. Although this probably seems like a lot to take in, most of it is relatively straightforward. It won’t take you that long to learn it all, especially since you don’t have to go searching around for the relevant information. Everything you need to know is in the following section of our sports betting guide.
Although the above section is aimed primarily at beginners, we recommend taking a look through it even if you’re not new to sports betting. In addition to covering all the basics, it also includes plenty of tips and advice that EVERYONE can benefit from. Getting a refresher on the basics before focusing solely on strategy is always a good idea.
After you have all the basics down, it’s time to gain some experience. This obviously doesn’t apply if you’ve been betting for a while, but it’s vital for beginners. Actually going through the process of making selections and placing wagers makes everything about sports betting a lot easier to understand. A little practice goes a long way when it comes to learning about sports betting strategy.
With some real experience behind you and a solid understanding of the basics, you’ll be well on your way to becoming a successful bettor. The next step is to plan how to get there. Again, this is something we can help with.
In the following article, we explain why having some kind of formal plan is so important. We also detail what your plan should include, and offer some advice for putting it together.
Sports Betting Strategy for Beginners
What exactly IS sports betting strategy? What’s the difference between strategy and handicapping? How does learning about strategy and handicapping improve my chances of making money?
We get asked these questions a lot. They’re the most commonly asked questions among those who are either new to sports betting or just starting to learn about the strategy involved. They’re good questions, but they’re not easy to answer. Not in just a sentence or two anyway. The only way to answer them properly is to provide a complete overview of sports handicapping and betting strategy. So that’s what we’ve done here.
Reading this article will give you a solid understanding of exactly what sports betting strategy entails, and what handicapping is. It also explains how both these things can bring you success. It’s a great place to start, as it provides a good foundation for everything else we cover in this section.
To help you build on this foundation, we’ve also compiled a selection of useful tips. These tips are all fairly basic but don’t underestimate their value. Following them will ensure you approach sports betting strategy in the right way. You’ll form good habits, and avoid making too many costly mistakes.
Analyzing Data & Assessing Probability
No two sports betting strategies are exactly the same. However, most of them follow the same basic format. They typically involve looking at specific information or data and analyzing it to draw appropriate conclusions. The end goal is usually to assign probabilities to the various possible outcomes of an event, then use those probabilities to make your selections.
If you’re going to implement sports betting strategies effectively, you need to know how to properly analyze the relevant data. You must also be able to assess probability as accurately as possible. In this part of our strategy guide, we’ve provided some articles that will help make this easier.
The following articles feature advice on how to analyze certain information and data that is especially valuable.
Statistical analysis is the key to lots of betting strategies. This article teaches the basics of statistical analysis, with lots of useful advice. You’ll find out how to assess the value of stats, and how to use them to your advantage.
Trends and patterns can be very powerful indicators of what’s likely to happen in the future. In this article, we explain how to identify trends and analyze their value. We also look at some of the best ways to use them.
Form and momentum are important factors in most sports. Analyzing their impact is not as simple as just looking at recent results though. This article explains what you need to do in detail.
Situational factors are basically the circumstances surrounding a sports event. They include things like the venue, the weather and injuries. These factors are often overlooked by bettors, but they really shouldn’t be.
The following article focuses on how to use your research and analysis to assess probability. This is an absolutely vital skill that you should really try to master as soon as you can.
Basic Betting Strategies & Techniques
This part of our strategy guide explains several basic strategies for betting on sports. Most of these can be used when betting on any sport, and they’re all relatively straightforward. Some are more effective than others, but each one serves a purpose in the right situations.
The article featured below covers a selection of simple strategies that are ideal for beginners to experiment with.
The next three articles feature various strategies for some of the alternatives to traditional fixed odds betting.
We’ve also provided details on a strategy that’s become very popular in recent years. It requires no sports knowledge at all and can be very profitable if implemented correctly. In simple terms, it involves finding discrepancies in the odds offered by different bookmakers. In certain circumstances, these discrepancies can allow you to cover all possible outcomes of an event and still make a profit.
Sound too good to be true? It isn’t. This strategy really works. In fact, we know a few people who make very good money from it. It’s known as arbitrage betting, and you can find out all about it in the following article.
In addition to all the strategies covered above, there are also a couple of (fairly) basic techniques you should learn about. Hedging and dutching can be used for betting on most sports, and they’re “compatible” with most strategies. They can be very effective if used in the appropriate way and the appropriate time.
Hedging is essentially a technique for managing risk. It can be used to prevent or reduce losses from existing wagers, and in some circumstances, it can even be used to guarantee profits.
Dutching is a useful technique when you want to back multiple outcomes for the same event. The idea is to spread your stake across several different selections to increase your overall chances of winning. There’s more to it than that, but that’s the basic concept.
Advanced Betting Strategy Advice
Everything we’ve covered so far is reasonably easy to understand. None of the things you NEED to know are especially complicated, and the basic strategies and techniques we’ve explained are not too difficult to use. This part of our strategy guide, however, is far from straightforward.
Now, let’s be clear. It’s perfectly possible to make money from sports betting without learning anything further. Even the simplest of strategies can be profitable if used correctly, so it’s not like you HAVE to move on to the more advanced stuff to be successful.
With that being said, the simple strategies and techniques are a little limited. They can be profitable, yes, but only to a certain extent. If your goal is to make SIGNFICIANT profits or maybe even start betting full-time, you should try to take things to the next level. We can help you do that.
One of the best ways to improve your betting is to do more in-depth research and analysis. Looking at the same information as everyone else will only take you so far. Instead, you need to look past the obvious information and focus your attention on the finer details that the average person probably overlooked. Learning more about the diverse ways sports data and statistics can be interpreted will also be useful. Lucky for you, this is something we cover in the article listed below.
Just doing better research and analysis will inevitably lead to better results. You’ll still be limited by the strategies and techniques you use though. That’s why your ultimate goal should be to develop your own strategies and techniques.
This is NOT easy to do, but it’s how the most successful bettors typically make their money. They find unique ways to identify value in the betting markets and make constant adjustments to maximize their returns.
Developing your own strategies is not a five-minute job of course. You can’t expect to just sit down and come up with something right away. It’s a lengthy process and involves a lot of hard work. It can take weeks, or maybe even months, to create a working model. And there’ll still be plenty of fine-tuning to do after that.
Please don’t be discouraged though. Putting the time and effort into this can deliver genuinely amazing results. It’s undoubtedly the right approach to take if you’re serious about your long-term betting success. Reading the following article will help you get started.
There’s one other thing you need to understand if you’re going to be a truly successful sports bettor. Yourself. Or, more accurately, your mind. The ability to think objectively is arguably the most critical requirement when betting on sports, and objective thinking is usually more challenging than you realize. The human brain doesn’t always behave in the way we expect it to.
Although we’re not exactly experts in psychology, we’ve done a lot of research into the subject from the perspective of betting on sports. We also have our own experience to call on, so we think we’re qualified to write about the role of psychology in sports betting. That’s exactly what we’ve done in the following article. We strongly recommend reading it, as we’re sure it has a lot to offer.
Sports Specific Betting Strategy
The information and advice we’ve provided so far is related to sports betting in general. You’re going to find it useful no matter what you bet on, as it can be applied to pretty much any sport. And it’s more than enough to help you become a VERY competent bettor.
There’s also a lot of strategies that apply directly to specific sports, and learning it all can give you an even better chance of success. With this in mind, we’ve compiled comprehensive strategy guides for each of the most popular sports. The information and advice in these guides is tailored specifically for the relevant sport, which allows us to provide even more specific details.
In our football strategy guide, for example, there are over 40 pages. These pages cover topics such as betting on NFL season win totals, dealing with big spreads in college football, and using alternative betting lines. It’s these kinds of precise topics that make our strategy guides so valuable.
Not all our strategy guides have quite as many pages as our football one, but they’re all very comprehensive. Want to become a genuine expert when it comes to betting on a specific sport? Then these strategy guides are just what you’re looking for!
Don’t see your favorite sport? Don’t worry about it! We’re not finished yet! There are guides for each of the following sports too. There isn’t as much strategy involved for these, so they are single pages rather than complete sections. Each page goes into a lot of detail though and covers everything you need to know.