If you want to have a terrible time in sports betting, go into it with no strategy. This is one of the simplest ways that you can lose all your money when you place a bet. One of the things which separate successful bettors from the unsuccessful ones is the practices that are used in gambling. The successful gamblers realise that sports betting is diverse and they also tailor their approach to a particular game. What’s more, they clearly understand the strategies and don’t bet based on the first strategy which they come across.
The core difference between being a regular sports bettor and following a trading strategy is just the fact that the strategic approach tends to follow a steady set of rules. This approach won’t usually tee you up for a one off payday however, over an extended period, you should be winning on a steadier basis. That’s the logic at least.
Of course, you may just be reading this and thinking ‘I did follow the same set of rules’. Maybe you did, perhaps you had a strategy. Perhaps it just wasn’t a good one. Don’t be worried though, we’ve got a few of the trusted sports trading strategies for you to cast your eyes over.
Goliath Bets
Are Goliath bets assured of making you money? No but your chances of making a profit are significantly improved with these types of bets.
Traditionally, a Goliath bet will be based off eight selections – let’s call it eight teams to win. Often, in this scenario, you’d end up with an eight-fold accumulator however by utilising the Goliath option your bet is broken down into 247 various outcomes. These 247 selections cover every conceivable combination from doubles up to an eight-fold win.
Although that’s a remarkable ramp up of stake, merely two selections coming in will see you with some winnings (not inevitably profit) even though six of your eight choices were wrong. The more of your choices you get right, the more you will win and the returns could be huge. It’s this final point why your sports knowledge and research is still vital.
Arbitrage Betting
Arbitrage betting is maybe something that you’ve heard of but have probably never believed to be viable. However, it is completely viable and you’ll be turning a profit in no time at all. Arbitrage betting is all concentrated on exploiting the variation in odds across a number of different bookmakers. Each bookie uses their own statistical approach to setting odds for a particular event. As a result, you will often find games where both outcomes are priced in a manner which promises a profit – regardless of who wins.
Matched Betting
Matched betting guarantees you a profit. You’ll probably be well aware of all the free bet offers advertised by the many bookmakers. Well, matched https://australiansportsbetting.net/bitcoin/ betting only works when a free bet is available. First things first, it is necessary for you to find a free bet – most bookies offer these on sign-up. Then it’s a case of finding a suitable event to wager on; you’ll need something that doesn’t have a clear favourite. It’s then a case of using your free bet to back a winner whilst utilising a betting exchange website to ‘lay’ against the team you’ve backed.