There are increasing numbers of sports bettors across the world, as more and more markets open up and more sports become available to watch. Betting is, without a doubt, a concept that brings with it risk and reward, and the bettor is always going to be on the lookout for a way to increase the effectiveness of their bets. With online betting increasingly available and the wide range of betting sites opening likeLimitless casino, one way that bettors seek to gain an advantage is by using betting strategies.
Let’s be absolutely clear about one thing: Implementing betting strategies doesn’t mean you are any more sure of getting a win when you bet. The very reason that betting exists as a concept is that you can win, but you can also lose. But some smart bettors do prefer to have a system, whether the idea of that system is to minimise the impact of a loss, or to only bet when there is a better than even chance of a win. Below, we’ll look at a few betting strategies, and see what they can offer you.
Betting on the draw
The vast majority of “1×2” bets that are made at a bookmaker are on one team or another to win. There are plenty of reasons for this, not least the psychological impact of betting on a definitive outcome. A match can be heading for a draw right up until the last minute and then be decided by a single goal. But if you want to play the percentages, bear in mind that around 25% of matches end in a draw. You’re likely to get longer odds on a draw because so few people bet on them, but if you seek out games in low-scoring leagues (Serbia and Finland are two such leagues) and pick games between evenly-matched sides, this can work for you.
Betting on the underdog
A lot of people will assume that betting on the underdog is something you should do when they have ridiculously long odds and a tiny stake will deliver a decent return. In actuality, you should most often bet on the underdog when they’re only narrowly less likely to win than the favourite. The reason for this is that often the favourites will receive most of the coverage in advance of a game, to the point where people don’t imagine they can lose. A lot of people augment their chances in these bets by placing a “hedge” bet on the favourite if the underdog gets ahead in the game – the now longer odds on the favourite meaning that you can end up profiting whoever wins.
Hedging your bets
As mentioned above, you can use in-play betting to make a “hedged” bet, where you can make some profit, whoever wins. This can only really be done in sports where there has to be a winner at the natural end of the game – so football is ruled out, but tennis and darts are among the sports this will work with. To “hedge” a bet, you need to calculate what you will win if your initial bet comes off, and then place another bet for less than that amount on the other party.
So if you back Player A at 4/1, with a stake of £10, and they take the lead in the game, you watch for the odds on Player B and place a bet when the odds become better than Evens – say 6/4. If you bet £10 on them, then you’ll make a profit of £40 if player A wins, and make £15 if Player B does.