Getting Rich with Football Betting: 5 Useful Tips
Getting rich with betting on football matches is only for very few. The betting world is all about money. In that respect, there are a lot of comparisons with investing in shares. It would help if you viewed every bit as an investment.
Some go wrong; for others, it works well. As long as you have positive bookmakers in the long run. In this article, we give you ten tips that can help you in your quest for wealth.
Understand what Value is
We immediately start with a crucial point. We can think that FC Barcelona will make Real Sociedad in their own Camp Nou, but do the odds offer value? In other words: does our probability calculation match the odds offered?
Value is a simple concept, but also difficult to understand. And that is perhaps a good thing because the naivete pennies influence the market to such an extent that opportunities often arise for the small group of bettors who do know where the value lies.
Basic Knowledge of Probability Calculation is Required.
Successful sports betting is all about numbers. It is about probability, to be able to estimate whether or not odds represent value.
Betting based on gut feelings can be successful in the short term, but to enjoy profit in the longer term, we will still have to calculate whether the available odds are playable or not. Bankroll management also involves some mental arithmetic.
Understand How Bookmakers Determine their Odds
In short, bookmakers determine their odds based on how they think we bet players will divide our stake, less on how they estimate the odds of both teams – although both aspects are of course inextricably linked.
Of course, there is a bit more to it, but the goal of the bookmakers is in principle to ensure themselves a guaranteed profit, regardless of the result. This allows smart bettors to spot value. Visit good betting sites like พนันฟุตบอล for more betting option
Resist the Temptation of ‘the Great Klapper’
The high odds for combis seem attractive but are almost always disastrous for a bankroll in the long term. In the end, it is always about value – which we will not easily find in combis. We look at it in the following way. Unibet offers an odd of 1.91 in the NBA for the even/uneven market; that equates to a margin of 4.71%.
If we now make a combination of four picks in this market, we get a total odd of 13.31, and the margin has increased to no less than 16.81%! The higher the combination, the higher the margin. So, we would play the bookmaker on the map.
Don’t Bet to Make a Match More Interesting
Betting purely to generate extra tension – or even worse: boredom – is disastrous for a bankroll. This will not be successful in the long run. For extra excitement, the tip competition here on the website is very suitable.