Top Betting Strategies – There is no easy way to beat the bookies, no way to guarantee a win every time, but there are many ways you can increase your chances of success. In this guide, we’ll show you how to do just that, giving you some free betting tips regarding live betting, bankroll management and more, helping you get ahead and stay ahead.
These effective betting strategies won’t turn you into a professional, profitable gambler overnight, but if you stick to them, gamble carefully, and keep a respectable budget, they will improve your returns.
Top Betting Tips
First up, let’s get some of the basics out of the way. These essentials apply to all forms of gambling and are particularly effective for sports betting. These betting tips will prepare you for everything that follows, ensuring you have the foundations that a profitable gambler needs.
1. Bankroll Management
Any honest list of free sports tips should include bankroll management at the very top. It is paramount for any profitable wagering venture. Without it, you may gamble more than you can afford, lose more than you have, and find yourself on a very slippery slope.
Bankroll management is basically budgeting for online gambling. You create a budget based on your disposable income. It needs to be an amount that you won’t miss, and it should come out of your account every month or every few months.
Once it lands in your gambling account, then it needs to stay there, and you should refrain from increasing it with additional deposits. The only time it should increase is when you win. And if you burn through all the money in just a few days or weeks, then avoid depositing anymore until the following month, when your budget allows for a top-up.
The best gamblers create a budget that they never add to, a budget that just sits in their account, grows with every win, and then diminishes when they begin withdrawing their profits.
2. Welcome Bonuses and Reload Bonuses
Every major sportsbook offers all new players a Welcome Bonus, often released in the form of a matched deposit. As an example, if you deposit €100 with a 100% matched deposit bonus, then you’ll get €200 to play with.
These bonuses come with wagering requirements, which means you need to bet them a specific amount of times before you can withdraw. If you bet carefully and considerately, there’s no reason why that €200 can’t turn into €300 or more, at which point you’ll have a sizeable profit to increase your bankroll with.
Always look for Welcome Bonuses when you join a gambling site for the first time and always look for Reload Bonuses and Loyalty Bonuses when you make an additional deposit.
3. Avoid Impulse Bets
There is one major trait separating a successful gambler from a problem gambler: Chasing losses. When a problem gambler loses money on a bet, they will often increase their stake and take bigger risks as they try to win that money back. They’ll take the double-or-nothing option again and again, and before they know it, they’ve lost their bankroll balance several times over and are in above their heads.
When a professional gambler loses a close-run bet, they’ll take some time to calm down and then make several smaller, safer bets to get back to winning ways. They understand the risks of chasing losses and will do all they can to avoid those pitfalls.
4. Learn the Tools of the Trade
The average sports bettor takes advice from pundits, former players, and other experts who have immersed themselves in their chosen sport. They know what’s what—they have spent their adult lives devoting themselves to that sport and may even know some of the players and coaches personally.
If they were to place bets on every game, there’s a good chance they would become profitable gamblers. To become as successful as them you need to learn as much as them, as opposed to simply following their tips.
The problem with tips is that they tend to cover a wide range of games, whether it be every game being played over a weekend or every market in a particular game. This is not how actual profitable gamblers work—they focus on single markets in carefully selected games.
So, learn more about the sports you follow and bet on. Become immersed; learn about every injury, every update; follow players and coaches on social media, read team news.
The more you know, the better prepared you are and the most successful you will become.
