Sports Betting for Beginners : Our Advice
Do you love sport and would like to earn money while following your favorite teams?
Sports betting can do just that.
But be careful, everything is not that easy...
If you are new to the field, it is essential to master the basics and adopt coherent and effective strategies to put all the chances on your side.
In this article, we will try to give you the keys to successfully taming this jungle of sports betting and starting to generate your first euros thanks to adapted sports betting strategies.
The Importance of Choosing a Sport You Love
Build on what you know
When getting started in sports betting, start with a sport you love.
Not because if you have followed a sport for 10 years, you are necessarily a genius who will win 90% of your bets, but above all because two reasons main:
- You will not start from zero in terms of knowledge and understanding of this sport
- It will be easier for you to spend time analyzing matches in a sport you love.
If you start betting on basketball when you don't even know what the NBA is, you're not making it easy for yourself.
Put all the chances on your side
If you regularly follow a sport, you have probably created playing habits, followed particular teams, started do analysis more and more regularly, etc… And that’s very good!
But if we add to that THE "factors keys” which can complement your work, then your competitive advantage will be even greater.
When we talk about key factors, we mean following the “insiders” of the clubs you plan to bet on, forwarding the latest sports news on Twitter (or X), or creating your own small spreadsheets which list several details linked to your target's betting market.
The Different Types of Bets
The Moneyline bets are a great option for beginners. Here you bet on the team or player you see winning.
This is a simple option, and perhaps one of the bet types the most effective in the world of betting.
It allows you not to scatter yourself with combined tickets of 8 matches which will take place once every 2 years.
To balance the chances between teams of different levels, sports betting sites have created the Handicap Bet.
These consist of starting the underdog team with one or more more goals to balance the chances of victory.
To put it simply, the favorite team will start with a negative handicap, while the underdog will receive a positive handicap.
It's now up to you to try to determine the goal difference on which the match will end!
Total Bets (Over/Under)
Total bets are on the total number of points or goals scored in a match.
You bet on whether the total will be greater (more) or less (less) than a certain number.
This is a type of bet that is quite popular because it looks a bit like “heads or tails”, and players like this kind of bet.
Either it ends above the cut or below, but there is no possibility of a draw.
Do your homework
Before placing a bet, take the time to examine the statistics teams and players.
This includes their recent performance, their home or away trends, head-to-head histories, but also advanced parameters that give you important keys for your analyses.
Stay up to date with Sports News
Stay constantly up to date with the latest sports news.
Injuries, suspensions and other unexpected events can have a major impact on match results but especially on match odds.
Being well informed allows you to adjust your bets accordingly and always be one step ahead of the competition.
Avoid Emotional Decisions
Keep a Cool Head
It is imperative to make rational decisions rather than emotional.
Avoid betting on your favorite team simply because of your attachment to it.
Sports betting should be based on facts, statistics and probability, not emotions.
Losses are an integral part of the game.
Remember this sentence carefully because it is valid for EVERYONE, even the best bettors on this planet.
Learn to accept them as reality and don't try to get them back by impulsively increasing your stakes.
Discipline is the key to avoiding heading straight into bankruptcy.
Use Bankroll Management Tools
It is crucial to set limits for your bets, whether they are loss or win limits.
This allows you to control your budget and avoid spending more than you can afford.
Be strict with yourself and respect these boundaries.
Use Tracking Applications
Several apps and online tools help you manage your bankroll, track your bets and evaluate your performance.
Use them to stay organized and get an overview of your results.
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What if we sum it up ?
Sports betting is an increasingly common way to follow your favorite sporting events while having the possibility of winning money.
But when you don't know anything about it, it's far from easy to understand. Between the dozens of different bookmakers, the hundreds of types of bets and the rules of each site, it can be a hell of a headache than trying to start betting.
And if we had anything in particular to take away from this article, it would be that for beginners, it is essential to understand the fundamentals and adopt effective strategies and be thoughtful.
By familiarizing yourself with the basics, staying informed, and making rational decisions, you will increase your chances of success in the world of sports betting.
Remember, perseverance and continuous learning are the keys to becoming a winning bettor in the long term.
See you in a few months after your Bankroll has climbed Alpe d’Huez?
Thursday, October 26, 2023
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