Sportsbooks may seem a lucrative source of passive income. However, it can also be a complex journey for newbies just stepping into the online betting market. You can’t simply bet based on your hunch. Besides, punting is more than just about planning for how I win a bet all the time.
Sports gambling is a combination of good and bad days. So, make sure to plan every move smartly. To kickstart your journey smoothly, follow these expert-recommended crucial sports betting tips and tricks for beginners.
Focus on one sport
Nowadays, you’ll find many sports betting markets live on online sportsbooks. But it doesn’t mean you can start wagering on any event that catches your eye. Only target the sports you are passionate about to reduce the risk of losing the bet.
Follow markets trends
Real money sports betting is beyond picking your favorite sports. One of the most vital betting tricks to win is thoroughly reading the latest market trends in that sports sector. This strategy will give you an advantage over other bettors playing randomly.
You should know the sports in and out to place a potentially winning wager. For this, ensure to go through the game’s data, such as previous match statistics, players’ performances, and the latest news. Furthermore, find out the popular bets amongst gamblers for a specific sport.
Eventually, you can plan your move smartly by knowing the teams’ weaknesses and strengths.
Look for the ideal lines.
Usually, oddsmakers offer different sports betting lines for the same sports event. For instance, one bookie may provide +300 for Germany in FIFA World Cup while it can be +315 on another sportsbook site.
So, go through various e-sportsbooks to pick the best line and boost your winning odds. You can also create an account on more than one sports gambling site to assess the latest odds before placing a bet.
Learn about various bet types
You can’t simply choose any betting option and expect to win. Sportsbooks provide different types of bets to suffice every kind of bettor. However, every bet type has its set of wagering rules. So pay extra attention to wagering rules to win payouts often.
Here are the major bet types that you should know before punting.
Moneyline: The most common betting option in which you’ll simply place a stake on the match winner.
Points Spread: Bookie will set the lines for an event. Based on those odds, you’ll bet on the match’s expected margin of victory.
Over/Under: You’ll bet on the over or under the total points (combined score by both teams) prediction set by the oddsmaker.
Proposition: A fun and suitable bet type for newbies, which doesn’t require hard-core gaming knowledge. You can wager on various in-game events, such as the toss winner, the number of yellow cards, the color of the Gatorade, and many more.
Future: As the name suggests, you’ll wager on upcoming events or series in specific sports, like the next Super Bowl qualifier.
Apply the flat betting method
An excellent trick for novice players to avoid going broke while punting. In a flat betting method, you will wager only 1-5% of your total deposit in your betting account. Apply this same strategy with every bet you place.
For beginner bettors, the ideal rule is never to try to recoup your losses unless you gain expertise in gambling strategies. Thus, setting a betting limit will protect you from going bankrupt.
Play on offshore e-sportsbooks
If identity exposure concerns you as a novice player, you can opt for betting with no SSN for an extra security layer. Reliable offshore sportsbook sites don’t ask for full nine-digit or the last four digits of the SSN (Social Security Number). Hence, you can gamble without fretting about identity theft, online scams, or data breach.
Besides, these bookmakers offer competitive odds and generous bonuses that can improve your winning chances.
Ignore your heart when playing for real money. Undoubtedly, your favorite team will only sometimes win the matchup. Sports betting is a game of chance that demands responsible planning. Since there is no zero-risk betting strategy, a flexible course of action will help you in the long run.
Following the sports rigorously while learning the right betting tactics will do the trick. So keep your A-game ready before you try your beginner’s luck.
To find the best offshore betting sites, visit SBS.