Hello Bettors; its Profiting to Trade on Sports but its another to stay in the Business… here are the easy
steps to success in the Betting Business.
1. Set a Budget and keep to it.
Setting a budget for betting is extremely important, you must be disciplined and only gamble the amount you put aside. Whether it is a weekly or monthly amount, don’t feel like you have to bet all the time. Even if you win stick to your budget.
2. Avoid the Casino and Games sections.
When you are on sports betting website you will notice that the games and casino sections are very easily accessible. These sections are where the bookies make the biggest margins, hence people lose their money there. Stick to the sports section.
3. Join several bookmakers.
Shopping around whilst betting is an important part of getting value for your money. Different bookies will have different odds for various sports. Learn which bookies provide the best value and in turn your profits will increase. Have a look at our top 5 bookmakers article.
4. Check the rules.
Each bookmaker will have their own rules on each individual market, make sure you understand what will happen if there is a non-runner or own goal.
5. Understand the market you are betting on.
This is vital to understand, especially with there being so many different markets available. Some of these markets can sound similar for example HT/FT is different to win both half’s.
6. Don’t chase losses.
Knowing when to stop betting can be quite difficult at times, however it is extremely important. Some days you will lose and just have to walk away. Remember that you have a budget and you have to stick to it.