Make Yourself a Football Betting Pro

Football and sports betting go hand in hand. Today, millions of bettors engage in wagers on the average game, making it one of the biggest industries in the world. Whether you are a veteran of sports betting or totally new to it, the key is to be as sharp as can be.

The goal of sport betting is to turn a profit long-term. If you feel like you aren’t getting the most out of your betting experience, then it is time for a chance. Following a few simple suggestions, you can put yourself in a better position to win more often than not.

Do Your Research

Information is the name of the game when it comes to wagering on sports. The more information you can glean about a match, the more of an edge there is to potentially create in online sports betting. It is far from a guarantee, but the sportsbooks have an edge because they have all the information and see things from every angle.

You can give yourself a leg up by having all the necessary information about online sports betting. How do these teams match up against one another? What is their recent history like? Are there any injuries to be concerned with? What about the weather? Having that information is crucial to making the most informed decision possible.

Shop the Odds

Though there is no scientific method to guarantee a win in sports betting, there are things to do that can give you an edge. One of the best things to do is shop the odds. When it comes to odds in Ireland, the key is to shop the odds and compare between sportsbooks.

Odds can vary slightly between bookmakers. While it might not seem like much, those differences can make a difference in the long run. By getting the best odds, you get the most value for your bet. By getting exceptional value, you can afford to get your picks right less often because the payouts are bigger than they would have been otherwise.

Focus on One Team

It can be all too easy to want to bet on everything under the sun in the sports world. When it comes to sports betting, the key is to focus on one area that you know better than others. That narrowed focus means going into each bet with as much information as possible, which means giving yourself a potential edge.

Begin by focusing on a single team that you are familiar with. Bettors who are intimately familiar with these teams can see things that the average bettor can’t. It provides a distinct advantage that can make you better. Sports betting is about finding an edge and following a team closely can be that edge.

Know When to Cut Your Losses

Because we are all looking to turn a profit, it can be difficult to know when to walk away. One of the worst things that most people do is to chase losses. Maybe you’re on a losing streak after the early slate of games but decide that you can get it all back by wagering on the later slate. It’s the “sunk cost fallacy” and it can wind up costing dearly.

It is never fun walking away on a loss, but doing so will allow you to come back and try again the next day. The best bettors know that some days just aren’t going to be winners and regroup to come back and give it another shot. If you keep chasing losses, you’ll find yourself down even worse than you were before.

FAQ

What is the biggest mistake new bettors make?

There are plenty of mistakes to be made, but improper bankroll management is at the top. Bettors wind up changing their bets up randomly and hit a cold streak. Before long, there’s no money left and another deposit is needed. Stay consistent and follow bet limits to mitigate those cold stretches.

What do the +/- in odds mean?

When you see odds, it tells you the likelihood of the outcome. The higher the number in either direction, the more likely (or unlikely) the outcome. Let’s say that a club has -500 odds, for instance. Those odds indicate a heavy favourite and a more likely outcome. If the odds were +500, it would mean a heavy underdog and a far less likely victor.

How much should you bet for proper bankroll management?

The concept of bankroll management is a relatively simple one. The rule of thumb is to wager no more than 1-2% of your total bankroll per bet. For a bankroll of $50, each wager should be no more than $0.50-$1.00. It’s a small wager amount but will insulate you from heavy losses.