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    Sports betting strategies

    yourbettingworldBy yourbettingworldMay 22, 20218 Mins Read
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    Sports betting strategies
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    The more experience a player has in betting, the better results he will get. Online betting strategies are specific steps that a player follows because they have worked for him, and they are only achieved in practice. In short, strategies are plans that are organized and executed. In gamblers, it’s all about trial and error, until you get a betting strategy to generate good results.

    Each bettor manages his own strategies, but there are always some that work for everyone. That is why it is interesting and recommended that players follow good strategies to bet online.

    Table of Contents

    • Why use strategies in sports betting?
    • Basic strategies for bettors
      • Plan your capital
      • Register of bets
      • Carefully analyze each movement and do not get excited
      • Register with different bookmakers
    • Bet safely using strategies
      • Kelly’s criterion
      • Fibonacci system
      • What is this strategy about?
      • Basic rules for using the method

    Why use strategies in sports betting?

    Online betting strategies are very important. Players should not bet any of their capital without first having a plan in place. Gambling is not just a game to have fun and have a good time. They are a way to multiply money, but if it is done without organization, it can only bring losses.

    The bets in the best bookmakers , the strategies allow the bettor to know well what he is facing and how he will face. In order to hit the bet. The goal is always to win.

    Basic strategies for bettors

    Expert bettors usually have good strategies. Beginners should observe how they do it and imitate the positive results. In that sense, there are some strategies that can be useful when starting with the bets. Also for professionals. Many times professionals, no matter how practiced they are, emotion plays a role that makes them make mistakes.

    Some basic strategies that you should take into account to bet are:

    Plan your capital

    It is necessary for the player to manage his money correctly. To do this, you must decide well how much you will invest in a bet. This is valid for beginners and experts. It is not wise to put all your money in one area, and it is important to secure and leave a reservation.

    Read More:   Non-sports betting

    It is important to start small. You shouldn’t gamble a lot to avoid big risks. Only have an amount that you can lose. You need to get mental for that. Remember that inexperienced gamblers are learning and that could happen. As long as you see positive results, your strategy may change depending on how you see the movements you have made and their effectiveness. This way you will build your own plan little by little, but protecting your money from the beginning.

    Register of bets

    To be effective with the strategy of managing capital correctly, it is important to keep track. You must know on which date that amount of money entered the bookmaker. Also, how much did you invest or bet and how long did the capital last?

    In the same way, you must observe the benefits obtained and how long it took to multiply the money. Also, find out how he did it. If what you’ve done has resulted in only losses, you must quickly change your strategy. Instead, if you’ve seen gains, try to hone your moves and keep winning.

    Don’t rush, knowing what your strategies will be can take a long time. Thus, you will be able to identify what your strengths or weaknesses are. Over time, you will have a complete record to help you be a better bettor.

    Carefully analyze each movement and do not get excited

    Bettors enjoy and get excited about sporting events. Especially in those where they have bet their money hoping for victory. However, emotion is a great enemy when placing a bet on a certain sport.

    It is important that you do not get carried away by any hunch, or by what a fellow gambler tells you. It is necessary to take charge and analyze the situation with your head. In this way, the bettor can decide without emotions, but with strategies.

    Bettors should focus on looking for the advantages. They must seek those benefits that they can obtain from their strategies, in whatever bookmaker they decide to play. Remember that gambling sites are biased in their own favor, not the players. But it is up to each one to achieve success.

    Therefore, making bad decisions guided by emotions is not recommended at all. Always maintain focus and discipline. Once you place your bet, enjoy the game or sporting event.

    Read More:   Where To Bet on Sports Online in Arizona

    Register with different bookmakers

    This is one of the most successful strategies. Because by registering with different sites, you can get better chances to win. Every online betting platform is different and they offer certain benefits and odds to players. Therefore, you must analyze which are the best bookmakers and register. Ideally, you don’t miss a good chance to win, and if you have multiple options, your chances will increase.

    Bet safely using strategies

    The safety of a bet depends a lot on the quality of strategies that bettors use to play. Previously we showed some tips that will help you organize and succeed in the world of gambling. However, there are more specific strategies that many bettors have used for many years that are important.

    We are going to know two of them. These are the “Kelly Criterion” and “Fibonacci System” strategies.

    Kelly’s criterion

    Bettors must rely on mathematics to make safer bets, away from their own impulses. A very good way to do this is with “Kelly’s Criterion”, in order to calculate how much money they should bet on a sporting event.

    It is a method used mostly by sports betting professionals to determine when a bet can have value. It is interesting to mention that “The Kelly Criterion” was created by a scientist named JL Kelly, in the 1950s.

    To understand a little better what “Kelly’s criterion” is about, it is that the amount you want to bet must be proportional to the advantage or benefit. This method calculates the proportion of each player’s capital.

    “Kelly’s criterion” works with a simple and practical formula: (BP – Q) / B.

    This formula is defined as follows:

    The letter B refers to decimal odds. The letter P is the probabilities of achieving success and the Q the opposite, that is, the probability of not being successful.

    For those gamblers who are not good at math, the Internet will be their salvation. Because there are several sites that offer the “Kelly Criterion Calculator” totally online and free. They just have to enter their preferred search engine, locate the “Kelly Criterion Calculator”, fill in the data and that’s it.

    Read More:   Online Versus Real Game

    Of course always using the results with caution and comparing it with other methods. This method does not guarantee success, but it is an interesting guide to follow. Without a doubt, this strategy can be used in any sporting event.

    Advantages of the Kelly criterion

    • Balance between safety and risk.
    • Help the budget grow.
    • Maximize the benefits of betting correctly.
    • It is an easy method to use.
    • When the result is a negative value, it is an indicator not to bet.

    Fibonacci system

    This system is more practical and simple. It is a different way of placing your bets to minimize the high risk of loss. To explain it better, it is exactly a progressive betting system.

    What is this strategy about?

    When a player loses, they must make another bet that adds the value of the last two bets. The last two that the player has made.

    To visualize the best method is: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55….

    As shown above: the (0) plus the first (1), the third (1) of the sequence gives the result. Then, the third (1) results in the number 3. This is by adding the (1) with the (2) that is in the fourth position of the sequence, and so on.

    This is how the Fibonacci method works. But the big question is how does it apply to sports betting? It is very simple. The goal is to minimize risk. And if you win the bet, you can bet again with the same amount from the beginning.

    The key is to place bets on a tie in a match. In case of losing, the bets are continued until winning. This system is based on the fact that bookmakers cannot easily predict draws. That is why this method is exploited to obtain benefits.

    Let’s see a clear example of how the Fibonacci system works in sports betting

    If a player bets € 1 and does not win, they must re-bet the same initial amount, that is € 1. If he loses again, this time he bets double, which would be € 2.

    In the event that he loses again, the next bet must be € 5. If you lose again, now bet € 8 and now you win. In that case, the total investment was € 15 and the profit at the end would be a little more than € 5.

    Basic rules for using the method

    • The tie odds must be greater than 2.61.
    • Increase the quantity following the steps in the sequence.
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