Best Way To Make Money Sports Betting
- How To Make Money
- Best Way To Make Money Sports Betting Odds
- Best Sports Betting Sites
- Best Way To Make Money Sports Betting Apps
- But that doesn’t mean that you can’t use sports betting to supplement your income. By picking winners against the spread just 55 per cent of the time and following a few simple keys to sports betting, you should be able to make money betting sports. This video will identify 10 keys to sports betting success.
- The business opportunities available in the football industry is very large and one of the ways you can make money from the industry is to start your own football talk show on radio and TV.
- The best way to make money from sport betting is to learn as much info as possible about the bookmaker you have chosen to bet with. This is possible to happen if you.
- Gambling is, by its very nature, a risk-ridden way to fill your time or even to try and make money. But, when done sensibly, it can also be a fun and exciting addition to watching sport.
Listing the easiest sports bets to win wouldn’t be enough to help you change your fortunes, so we’ve put together a few essential things you need to know before we can move on:
Here, we have a look at 5 of the best strategies for making money on Betfair and how you can potentially join the elite 2% who make profit overall. In order to provide you with the best ways to make money on Betfair, we've navigated the waters and tested as many Betfair systems as possible.
Mug punters bet outside their limits, focusing mostly on accumulators; they often chase losses, wager on events they know little about, bite the bait set by social media tipsters, frequently throw out money betting randomly when they are tired, stressed or emotional and they fail to keep records of their bets, hence why they aren’t able to look back and improve their model.
In contrast, sharp bettors are highly organised: they’re strictly following a viable staking plan, they don’t ever place a bet without having value on their side, they only wager on singles, and they continuously go back to analyse their past results and tweak their model in their seek for perfection.
As long as you follow these sports betting tips & general bits of advice, you’ll find your way to success eventually, given that you’ve got what it takes to beat the bookies…
Now, it’s time to continue with the most exciting part: Best sports to bet on to make money.
Happy reading!
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Best Sport To Bet On To Make Money
Football is the most popular sport in the world, and obviously, football wagers have the highest overall betting volume. Surprisingly, most famous pro punters prefer to bet on other sports such as basketball, tennis, horse racing, cricket, eSports, handball, ice hockey, volleyball etc. The reason behind this trend is that football (or soccer as Americans call it) is a low scoring game, and even though less scoring isn’t necessarily dull, the occurrence of random results is higher, thus making the sport challenging to predict.
Tennis is another incredibly popular sport to bet on, but because it’s an individual sport, avoiding shocks requires a lot of constant research and attention. There isn’t a day without some huge favourite being eliminated from a tournament: odds of 1.10 and lower are often losing in tennis betting. This happens because there’s nobody else to cover for one athletes’ bad day at the office. As things stand, there’s little surprise in the fact that most pro punters that are specialised in tennis tend to prefer underdogs over firm favourites.
Many punters consider betting on horse racing as being the nucleus of gambling. Although it takes no more than a couple of minutes to understand how it works, it cannot be wholly mastered in a lifetime. Several details enable the top horse racing punters to predict unlikely winners with very long odds, like: stats, physics, animal breeding practices & behaviour, equestrian skills, weather, track condition, human psychology, the market behaviour etc. Are you willing to spend the time following races to spot all these clues? To back horses successfully, you have to be able to store a massive database of related information in your brain, because no horse racing stats website can tell you which position will be better for the next race unless you’re inspecting it yourself.
Bookmaker margins are usually higher for niche sports, but as they don’t benefit from so much attention from the media and the bookies, they tend to offer more value betting opportunities than mainstream sports, but less betting options.
There’s no right or wrong number of sports to bet on. If your father’s a cricket coach, your brother’s a young footballer, your grandfather was a water polo referee, your mother was a pro basketball player, and you’re a table tennis player yourself, it wouldn’t be wrong if you would regularly bet on those 5 sports. And let’s be frank, if you’ve got a passion for eSports, you might be entitled to wager on that as well. The easiest sports to bet on vary from one punter to another…
It’s all down to your ability of finding true value in the odds offered, following the chosen money management to the letter and making the right adjustments in the long run – of course, constantly seeking the best odds on the market (including betting exchange) and the best sports betting sites that are available in your region is definitely a part of that.
Betting on only one sport and only a couple of leagues may allow you to better specialise in some areas, but there at the same time, you’ll have fewer opportunities to find value bets.
Which are more profitable, team or individual sports? There’s no right and wrong here either. Individual sports have fewer variables going on, in such a way that they should be easier to analyse and predict, but only a slight decrease in a player’s form can quickly turn a big favourite in a loser. Team sports will offer you a lot of homework as you’ll have to monitor chemistry, atmosphere, relationships (amongst the players, staff, board etc.) line-ups & injuries, tactical approaches and so on. If one footballer has a bad day or gets injured, he can be replaced, not condemning his team to defeat, whereas in tennis such situations will obviously result in a defeat.
Nobody can tell you what the best sport to bet on to make money is: You’ll have to figure it out yourself. Just don’t try to specialise in sports you absolutely despise. Otherwise, it will be complicated to maintain a highly competitive level of sports knowledge. Some broad advice would be for you to consider betting on the more obscure sports and leagues if you can collect enough info to be able to assess probabilities correctly. Remember, it doesn’t matter what sports you bet on as long as you have true value on your side. However, don’t ever neglect the money management!
Easiest Sports Bets To Win
Now that we’re done explaining what is the easiest sport to predict let’s move on to some of the easiest types of bets you should focus on to maximise your chances of winning.
If your objective is purely to win a bet, then you should pick short odds, so Asian Handicap should be the bet type you want to look for as it is applicable to every single sporting event and it allows you to dwell on the risk/reward ratio, i.e. if the main line (the spread) on a basketball match is standing at 7.0, reduce the handicap if you’re going to wager on the favourite, e.g. go for the -3.5 line, or buy some extra points if you’re planning to bet on the underdog, e.g. +10.5 points on the underdog. The same principles can be easily applied when wagering on ice hockey and handball, where double chance betting is also highly recommended on hot favourites.
In tennis, you can rely on the Total Games, Total Sets, Most Aces markets and even on the “To win a set” betting option to increase the probability of winning.
If you are good at anticipating close matchups in volleyball, then you should consider the Total Sets & Total Points markets, in the same way you would with Total Maps/Rounds/Points in eSports.
It will be easier to win your horse racing and greyhounds bets if you wager on the race favourite (in your opinion) to place (finish 1st or 2nd).
In a T20 cricket match you could be the over 36.5 runs when the hot favourite is going to bat first, but make sure you are well-aware of the pitch condition and weather forecast.
Laying is generally going to be easier to win than backing winners in golf betting. Otherwise, you can rely on the “Top 5 finish” market to be safe. Same goes for Formula 1 and motorsports in general: laying the winner has a high win rate if you know what you’re doing, whereas Top 3 or Top 6 bets can also be worthwhile if you’re highly confident in one driver’s chances to succeed.
Generally speaking, don’t consider these betting markets as being easy money – If you’re ever going to beat the bookies, you’ll have to stop betting with your heart and analyse betting picks very carefully.
Easiest Football Bets To Win
How to always win football bets? Well, it can’t be done, so don’t bother. Instead, you could take a look at our guide on how to bet and win football bets. As we’ve mentioned before, the main idea is to employ a fixed stake betting strategy and only wager on singles to maximise your chances of landing a profit at the end of the month. However, if you fancy the typical footy acca betting on the major leagues, such as the English Premier League, Europa League or the Champions League follow the advice from our acca betting guide.
These are the easiest football bets to win:
- Team Over 0.5 Goals – This bet is much more secure than a straight win; thus, it should allow you to maintain long winning streaks. Don’t take anything for granted, though…
- 2nd Half Over 0.5 Goals – It is well known that in football, most goals are scored in the second half – just about 10% more on average. This type of bet should enable a diligent punter to record a good enough hit rate to be able to profit in the long run even though the odds are low.
- Double Chance & Goal Totals – If grabbing the X2 double chance at 1.22 odds doesn’t seem rewarding enough, you could either grab “X2 & Under 4.5 goals” at a much better price like 1.42 or go for “X2 & Over 1.5 goals” at 1.53. That’s a pretty safe bet there are at decent odds.
- Draw No Bet – If you happen to be a huge footy acca fan, then this betting option can be the cornerstone for many of your football betting systems. However, this type of bet is useful for single bets as well. Draw No Bet is essentially the same bet as Asian Handicap 0.
- Asian Handicap +1 – This bet type is even better than the double chance bet as it prevents you from losing even if the selected team loses the football match by just one goal, in which case you will receive your stake back.
Remember that there aren’t any betting strategies that can guarantee a profit. Even if you plan to make money from sports betting, please bet responsibly: never wager more than you can afford to lose. Sports gambling is a form of entertainment, so don’t ever take the fun factor out of it!
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Horse racing is a hugely popular sport to bet on.
It’s also a time consuming exercise for those with the desire to successfully turn a profit.
How To Make Money
A wealth of knowledge is needed to pick out high quality horse racing betting tips, and with thousands of horse races taking part annually, it’s easy to accumulate statistics to work from.
This following horse racing betting guide will teach you how to pick out horses with the highest chance of winning the race, or the horse that will provide the best value.
Once you’ve digested the information in this post, you’ll be able to pick horse racing winners often enough to beat the bookies at their own game.
Table of Contents
The Basics
Make sure you have the basics down – basics that we won’t be covering in this guide.
These are simple things like understanding horse racing jargon and knowing how to read a race card.
It may also be a worthwhile investment to understanding how horse handicapping works.
Once you’ve got these things down, along with knowing how to place a bet, we’re ready to move on to analysing the field.
The most important tip of them all is that none of the tips below actually matter without this one simple rule:
If you don’t find the right bet at the right price then it will be -EV and won’t return a profit long-term.
Let’s move on with looking at some of the things you can consider.
Jockeys and Trainers
Particular trainers are very familiar with their stables and are therefore an exceptional source of information.
Learn which trainers or stables are performing well and look at their jockey selection to see how much they believe in their horse’s ability.
Jockeys can be a good source of information too.
They may offer a public opinion of their horse’s likely chances in a race, or they may have ridden the horse previously. If they’ve ridden it previously, it means they have experience and knowledge that they may be able to use to their advantage.
If a trainer or stable has several horses in the race, yet there is a star jockey racing one of them, you can be sure that the jockey has probably hand-picked the horse. This gives further indication of its likely chances.
Finally, jockeys often travel to more than one meet on a given day.
If they’ve raced multiple times in the afternoon, but then travel a long way to race just one horse in the early-evening, you know that horse must be worth consideration – with jockeys often having to cover their own transport costs.
Jockeying requires extreme skill and the best in the world are in-demand, with lucrative contracts up for grabs.
Jockey/trainer combinations are an excellent way to start basing your selections upon. However, in high-profile meets this can end up being most of the field, so you have to look deeper into your statistics.
One interesting market that is offered by bookmakers at a meet is the ‘leading jockey’ market, with 3 points behind awarded for a win, 2 for a runner-up finish, and 1 for third. If you have a favoured jockey that you think will perform well at a meet, this can be a way to pick up some value at higher odds.
Trial and Previous Form
Form refers to previous races that the horse has ran in, including barrier trials. Barrier trials are often used as warm-ups, and they can be a key factor when deciding which horse to bet on in smaller races.
You can also look back to the trainers for information on lesser-ridden horses, and ask yourself questions like:
- Has this horse come from a good stable?
- Has the horse been purchased for a significant fee?
- Does it have good relatives?
With regards to the final question, being the foal or blood relative of a previously successful horse can often lead to further success in the family.
For more experienced horses, you can look at their previous form – the majority of horses will race at least several times a year.
It’s not just wins that count, look for good finishes in races where they came up against extremely good opposition. If they’re against weaker opposition this time round, they may be able to claim victory.
In contrast to this, if a horse has won recently, be sure to look at who the horse has beaten. If it hasn’t beaten anyone good, then it could potentially be a one-off result.
Finding or creating a reliable, detailed form guide is tough – but that’s where you’ll make your money. If it was easy, everyone would be doing it and bookmakers would no longer be in business.
Finally when considering form, you’ll want to look at the class of the race and purses on offer. If it’s won a huge race for a big payday, these are rarely complete flukes.
Also look at the type of location its won at, did it win a rural event and is now competing in a metropolitan area? How about provincial areas?
Not all horses are able to make the adjustment to subtle changes in climate and atmosphere.
Conditions and Track Formation
Weather conditions play a crucial role in horse racing, perhaps more so than any other sport.
Some horses prefer to race on sticky, wet surfaces whereas others prefer hard, fast tracks. If the going gets tough (or soft), stick to horses that you know have had success on similar ground in the past. Heavier horses will also typically find it tougher on softer, wetter ground, because running on this type of surface consumes more energy.
It’s recommended that you know the going of a track before placing your bets.
Best Way To Make Money Sports Betting Odds
Whilst you can get better odds betting antepost or a couple of days in advance, it’s not worth taking the risk whilst you’re still starting out – you’re not a pro that’s going to be investing thousands in Betfair horse racing trading just yet!
To find the ground, or the ‘going’, of a track, you can simply Google the course name + the word going and you should find plenty of up-to-date results for the day’s races.
Remember: some tracks are ‘all-weather’. Ground conditions on all-weather tracks stay consistent regardless of what mother nature throws at it.
You also need to look at track formation: is there a sharp incline at the end of the race? Is there a sharp bend half way through? Do the turns bear right, or bear left?
These are all things you need to be considering, and weighing up against each potential horse you want to bet on – how will each particular horse be affected?
Finally, you will also need to consider whether you’re betting on flat races or jump races, and learn the intricacies that each discipline requires.
Best Sports Betting Sites
Types of Betting Markets
There are several types of betting markets that are popular amongst horse bettors.
The most popular market with professional horse bettors is the outright victory market. Backing horses to win – when they offer value – is the best way to secure long-term profits in this game.
Also popular is each-way betting, whereby you’re sacrificing your odds, usually by a quarter, but sometimes by a third or a fifth, to cover more than one place – usually the top four.
Each-way betting is only really effective when picking horses that are significantly higher odds, such as 16/1 and above.
This is because you end up risking too much money to essentially break even in the result of them placing.
Remember: you should always choose to back your horse at the odds on offer, don’t risk taking the ‘Starting Price (SP)’ odds. Long-term, this will lose you money, especially as many bookmakers offer Best Odds Guaranteed promotions, meaning you get paid out at higher odds if the odds do increase before the race starts anyway.
You also have the option to add some excitement to the mix, although these are significantly riskier and are more like challenge bets than they are solid horse racing tips style bets, with multi-bets such as trebles, Lucky 15s, Yankees and more.
Rather than typical accumulators, these style of bets don’t require you to win every single race for a return. However, if two or three horses do win, you should turn a profit.
If they all win, you could just hit the jackpot – although initial stakes can be quite costly, and the chances of hitting these are minimal. Still, if you’re confident in your selections…why not?
Analysis and Conclusion
Piecing together the critical statistics and traces of information is a formidable task. There’s no denying that.
However, it can be done, with commitment and the desire to learn and improve.
Horse racing is simply a case of the numbers game, and it’s on you to figure out what those numbers are at a given time. If you can work out a horse’s perceived chances of winning, and the odds on offer are significantly good value in comparison, then you’re onto a very profitable career in horse race betting.
When looking at how to bet on horse racing profitably, take all of the horses in a race and try to map out their recent successes and failures. Why did things go the way they did in their recent races?
Look at jockeys and stables for subtle hints at a horse’s chances of winning. If a top jockey is willing to invest his own time travelling for a single race hundreds of miles from home, the horse must be in with a shot.
You will need luck, but you will need a whole lot more skill to make a profit in this industry.
Best Way To Make Money Sports Betting Apps
Good luck to you!