Sports betting is, and with good reason, increasingly popular through online sportsbooks. So popular that UltraGambler thinks you deserve to know the top tips for making the most of sports betting.
Bookmakers have started to try and make sports betting a game of skill, just as you would play poker. Now whether you choose football betting or any other sports, it doesn’t matter as long as you have the tips to point you in the right direction.
To Be Successful in Sports Betting
Please read the tips below before contemplating the fun game because with the right help you can make profits of tens or even hundreds of percentages in the short term. However, without discipline, you will not be able to profitably engage in sports betting.
Sports Betting Tip 1: Dedicated Email Address
Before you sign up for any online sportsbooks, consider setting up an email address so that it is disconnected from your normal email account. That way all sports betting related offers and tips will be in a central place.
Also, if you need to take a break from betting you won’t be tempted by deals being sent straight to your main email address. You can remove notifications for this one account until you are ready to start betting again.
Sports Betting Tip 2: Sports Betting is Not to Be Taken Lightly
If you want to consistently see a profit from sports betting, you need to look at it as a disciplined process and not something that you do on a whim like online slots. Spend time researching your game and weigh your odds on certain bets. Immerse yourself in the matter.
Sports Betting Tip 3: Always Keep Records of Your Activities
Just like you would if you were issuing invoices to a client and receiving payment in return, it is a good idea to keep a record of the bets you place and any returns you make. This can easily be done using a diary either digital or paper, alternatively, you could set up an outgoings Excel sheet. This will give a clear overview of what bets were placed on what date and the returns/profits from those bets.
For a free copy of a working tracker: Click her – Matched Sports Betting Spreadsheet
Keeping a record of your bets in this way will also help you discover if you are particularly good at certain bets, for example, combination bets, Accas or single bets.
Sports Betting Tip 4: Bet for Fun or Consistent Profit
Obviously, most people would like to make a consistent profit, however, to do this you need to show you have discipline and are realistic. If this is not the case then do not invest serious amounts of time and money in sports betting.
Sports Betting Tip 5: Info, Stats & Research
Nobody knows everything there is to know about possible betting markets, so it is always a good idea to use the enormous amount of information available on the internet before placing a bet.
You will find many websites that will be full of information about upcoming and ongoing sports competitions an example of this:
- www.xscores.com – see all current standings in competitions and follow future matches as well as in-play games.
Sports Betting Tip 6: Take Advantage of Online Bookmaker Deals
Online bookmakers are thriving at the moment, especially with the recent Corona crisis and all highstreet bookies being closed. As with anything some online bookies are more reliable and they all like to compete with odds and deals to lure you in.
Depending on where in the world depends on what types of sports you can bet on and where online you are legally allowed to place bets.
If you would like some more information on this please take a look at our online casinos by country pages to see what you are permitted to do in your country of residence.
When looking at bookmakers lookout for welcome offers like Free Bets, this way you can use multiple bookies and benefit from different odds. However, be aware that many sport betting sites require a minimum deposit when signing up and therefore you need to watch your funds.
Sports Betting Tip 7: Choose Your Best Bet
This is where recording your sports betting comes in handy. Take a good look at your own statistics of your bets and learn what works for you, administer your bets properly.
Single bets mean on average you lose around 6%, if you make combination bets this percentage will increase further, but on the other hand, so will your winnings if you get your bet right.
Sports Betting Tip 8: Stick to a Budget
As with any form of gambling, you need to set a realistic budget and stick to it. By setting a budget you need to make sure you don’t bet more than you can afford, for example, set a limit of no more than 5% of your winnings on one bet.
The most important thing to remember is don’t put all of your money on one bet, no matter how good the odds are. You can easily adjust your percentage allowance if you want to take a higher risk but remember no win is guaranteed.
When it comes to sports betting, discipline is key. How nice would it be to be able to earn something extra every month by turning your hobby into more of a profession. You could save for that special holiday or do nice things more often.
Take the above top tips and remember that it is all about discipline and self-control.