Common Football Betting Strategies
Despite what some will tell you, making money through sports betting is not easy. The reality is that most casual bettors lose, which is why you see the same betting shops and online sportsbooks operating for decades. Continuously coming out ahead is not easy, as many factors come into play when predicting sporting events.
Thus, probability-wise, often, this activity is no different than playing a chanced-based game at an online casino. In both cases, you should seek out promotions that give you an edge over your chosen operator. Many Finnish casino players look for non-sticky bonus offers, which are best in the eyes of bonus terms. With these bonuses, players can withdraw their own money at any time. Conversely, sports enthusiasts desire free bets that let them wager on a match without putting any money on the line.
Consider this your first strategy, looking for promotions that will help you maximize your chances of profiting. Once you have that settled, you can move on to the three tips we list below.
Use a Betting Exchange
In traditional betting, you wager against the operator. Meaning, you are putting down money that a specific event will transpire. That is what the industry calls a back bet. A lay one is when you wager against an outcome happening. In that position, you become the bookmaker, as you are wagering against other bettors. To do this, you must utilize a betting exchange which acts as a middle-person between the backer and the layer.
Laying bets allows you to minimize the risk associated with sports gambling. Naturally, if you wager on both results on the same event, you will not profit as you would by claiming a regular back win, but there is less danger involved. You can also look into matched betting, which guarantees profits by taking advantage of free bets.
Look for Value Bets
What is a value bet? It is when an operator sets odds that do not correctly reflect an outcome’s probability. Why does this happen? Well, it could be due to a myriad of reasons. Gambling sites change their odds depending on the incoming action. Some offer soft ones to be competitive. An operator did not act fast enough to a recent player withdrawal, and so on.
If you are super-knowledgeable about football, you can spot value from a mile away. However, that would entail that you traverse the sports betting landscape in search of such wagers. The manual method requires that you go through multiple websites and compare odds. Value betting software does this job for you by comparing the odds for thousands of matches across hundreds of bookmakers. It also keeps a spreadsheet of your betting history.
Live Bets on Losing Favorites
Another type of value betting is wagering on losing favorites. An in-play option lets you place money on an event in progress. The idea here is simple, look for heavy favorites that are trailing against underdogs. Most bookmakers tend to overcompensate when adjusting the odds in such events. For a quality team, a single goal deficit is not hard to overturn. Often, top-end clubs go into matches against low-ranked opponents relaxed, but when their backs are up against the wall, they turn up the heat and can usually come from behind to win