You don’t have to be a rocket scientist to bet on sports successfully. But you do need the right type of bet strategies for the right sports. With our comprehensive guide, you too can learn to master the betting strategies used by the pros. Let’s talk about the best sports betting strategy one by one.
- Handicapping Personnel Moves
This betting strategy covers preseason, offseason, and in-season moves, which are all equally important and must be followed closely, so you stay on top or ahead of the latest news.
Pay attention to headlines like- Did a team lose a star player to some free agency? How does a free agency affect a team’s old and new roster, for instance, when LeBron James went to the Lakers? Did a team hire a bad or good head coach?
Was there a key injury that impacted a team’s future, or can they overcome the loss because they were so deep in that position?
Is there any quarterback battle in training camp or pitchers killing it in spring training that can make the team weaker or stronger than a year ago?
- How to do sports betting with Bankroll Management
When you bet on sports, always set aside some amount of money, referred to as your “bankroll“, which you can afford to lose. This is clearly the easiest and best sports betting strategy one should implement.
With any type of gambling, be it moneyline betting, you never wish to bet on sports with money you cannot bear to lose. Set aside an amount of money you can use for your bankroll for the week, month, or season.
A general strategy for betting on sports for budget management is to make bets with only 1%-5% of your bankroll. For instance, if your bankroll is $1,000 for the NFL season, you should be making $10-$50 bets per NFL game you wanted to bet on.
It is also very significant to not chase your losses with bigger bets. It is very common for some sports bettors to be down on money and feel that they need to raise the size of their bets to win the game back.
This puts you in the wrong mindset and often leads to losing even more money. Some even do it for entertainment purposes, but it’s always good to work with the size of your bankroll and go for slowly increasing it over the length of the season.
- Bet sober and don’t go on Tilt
Betting while sober seems like common sense, but you’d be surprised to know how many people bet under the influence.
It is not a coincidence that the Las Vegas casinos provide free alcoholic drinks while gambling. People betting under the influence will do it with impaired judgment and should absolutely be avoided if you wish to be a winning sports bettor.
The next part of this tip is “Don’t Go on Tilt.” “Tilting” basically means letting your emotions take over, which most probably leads to bad decisions. If you are upset or angry at something, you shouldn’t be placing any more bets. Just take a break, get your clear head before you begin doing any more sports betting picks.
- Do Your Homework about betting strategies
This is probably the best sports betting strategy. You always want to do your research before betting. Although going with your hunch may work sometimes, it might not lead to success in the long run.
To profit from sports betting, you must research and do your homework for each pick you make.
Observe the stats, find trends, and create sports betting systems. Analyze past games – do everything you could to ensure you have a value in your pick before placing your wager.
- Avoid Buying Points- Safe betting strategy
Try not to fall into “square” tendencies like buying favorites down or underdogs up. For instance, some bettors always feel the urge to buy an NFL favorite of -3.5 down to -2.5. However, the sportsbooks are smart enough to charge enough juice, which mathematically makes it a bad strategy. The same goes with, let’s say, getting an NFL underdog from +2.5 to +3.5. In 99% of cases, I advise against it.
- Line Shopping
A very big step in becoming a winning sports bettor is to ensure that you are shopping for the best lines. What this means is that you should have an account at different online sportsbooks, and when you are all set to make a bet on a team or outcome, you can check the different sportsbooks and find the book that is offering the best line for you.
For instance, if you wish to bet on the New England Patriots for a 7 point spread, you should check a couple of different sportsbooks to check if any of them offer Patriots at 6.5 points, or at least find the best price you get at 7 points. Throughout sports betting season, you can win yourself a lot of money from shopping the lines. It is one of the best sports betting experts’ strategies implemented by winning sports bettors.
- Fading the Public- What does fading mean in betting?
The best sports betting strategy to wager is either fade or bet against the public. This strategy is very useful for totals and spread betting in football and basketball.
Generally, sportsbooks know the team which is bet heavily from week to week, and according to that, they adjust the totals and spreads so the bettor bite on their numbers. Sharp bettors get the opportunity here to go the other way to the least popular side.
- Betting Strategy A- Bet It All
The system means getting the entire balance on every bet. Here you can either win big or lose it all.
- Betting Strategy B: Martingale System
The famous martingale system gets you to double your bet after each loss. This is so that the first win could recover all previous losses, including the extra profit equal to the original bet. To know more about Martingale.
For instance, consider that your first bet was $100, and you end up losing. Now, if you double this bet and continue doubling until you finally win, it would be something like $100, $200, and so on. When you reach your fifth bet, you would be risking $1600. The strategy is a good thing for gamblers with unlimited bankroll as, at some point, they will eventually win.
However, it can be bad for others. The exponential rise in the bets to cover the losses will eventually bankrupt the gamblers if they don’t have an unlimited bankroll. That’s why every sportsbook or casino game has a betting limit on the amount they accept, which will most certainly be reached before someone gets to win.
- Betting Strategy C: Fixed Amount Betting- How to make money sports betting
This system needs you to bet a fixed amount on every bet. In our case, it is $100. There’s a 55% probability of winning, so this method means you won’t lose your entire balance, but it also means your chance of losing is slow but certain.
- Betting Strategy D: Proportional Betting- Betting systems for all major sports
Proportional betting involves betting a portion of your bankroll and increasing your bets by that very percentage after each win.
For instance, if you had a $1000 bankroll and you bet 10%, you’d bet $100 the first time. You’d add your winnings to that and find 10% of your new total for the next wager if you win. If you won $200, you would add this to the $1,000. Then calculate 10% of $1200, which turns out to be $120. This means winnings grow quicker than in the fixed-wager system, with losses slowing down.
- Betting Strategy E: Fibonacci Sequence- Online Malaysia & Singapore Casino
By this methodology, you increase your bets in a Fibonacci sequence. It is usually just numbered in the following sequence:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144,…
The first two numbers in the Fibonacci series are either 0 and 1 or 1 and 1. Depending on the chosen starting point, and each subsequent number, the next number is the sum of the previous two.
Let’s say your first bet is 1 unit or $100. You lose. Then you place your second bet, also $100 or 1 unit. And you lose again. Now place your third bet, $200 or 2 units. You win. So you move down 1 unit to 1 unit or $100.
This has similar drawbacks to the Martingale system. It reduces how quickly the bet rises if you’re on a losing streak, along with reducing the rate at which you win.
Now that you have an edge on best sports betting strategy, take these and make a wager at your sportsbook of choice. Who knows, you actually win big and come up with some hidden strategy of your own in the process.
What is the most profitable betting strategy?
Proportional betting is the only system you should use as a beginner. Keep in mind that this simulation is based on the assumptions when we know both the edge and the edge are in our favor – a 55% probability to win each bet. Without those, our betting strategy test results could have changed significantly.
Regardless, we feel that Proportional Betting is the best staking formula among all the systems. Not only for the results but because this system is easy to use and calculate.
Can I place a bet casually?
Yes, you can! Many sports bettors are casual players, and they only tune in to major sports events and matches to add excitement to the overall experience.
With the convenience and ease of betting apps, newcomers easily bet on any kind of betting mark.
How to make sports bets to make money?
Many people make a living off of sports gambling. Though it’s not always the case, a hike in several casual bettors makes money off modern sports betting Malaysia & Singapore Casino sites or betting apps.