Top 10 Strategy Tips for Sports Betting

Top 10 Strategy Tips for Sports Betting

Sports betting is meant to be fun. However, you can’t have fun if you’re losing all the time. The good news is that there are some simple ways to boost your chances of success.

These things might not turn you into a millionaire, but they can help you make decent betting profits in the long run. If you’d like to learn about those strategies, you’re at the right place. Below are our top 10 strategy tips for sports betting.

1. Stay Away from Shady Sportsbooks

Online sportsbook scams can happen if you aren’t vigilant. If you’re not careful, you can end up losing money and/or having your personal data exposed. This can happen if you put your trust in a shady betting site. Luckily, it’s easy to distinguish good sportsbooks from bad ones.

Check the license information listed on their website. If a sportsbook operator is licensed, it means they are obliged to respect the rules of fair play. With a legit license, a sportsbook will not withhold your winnings nor give your private details to any third parties.

2. Making Use of Sportsbook Bonuses

There are literally thousands of online sportsbooks in the world today. Each doing all they can to attract new customers. To give them an incentive to sign up, many operators offer lucrative bonuses. These deals give you an opportunity to bet more without having to spend more money.

3. Pay Attention to Betting Odds

Odds can sometimes differ drastically from one sportsbook to another. It’s of utmost importance that you bet at the sportsbook that’s giving the best possible prices. In fact, even if the odds don’t differ too much, it can have a great impact on your profits in the long run.

This is why our recommendation is to create accounts at as many sportsbooks as possible so that you’d be able to wager at the one that’s giving the best odds for the event you’re interested in.

4. Odds are Not Everything

Odds change depending on how much money the bettors are wagering. If they’re putting a lot of money on one team, its odds are likely to shorten. This way, the sportsbook ensures that they don’t lose too much money.

That said, the fact that odds are short doesn’t necessarily mean that the team in question is certain to win. This is why you shouldn’t base your betting decision solely on odds. Instead, you need to do a proper analysis of the matchup before placing any bets.

5. Stick to Your Favorite Teams/Sports/Competitions

Sports betting experts from Dr Apuestas claim that the most important question you need to ask yourself before backing a team is “how much do I know about them?”

It’s way more likely that you’ll pick the winning bet in a matchup in which you’re familiar with the teams involved than in a game that you know nothing about. So, if you’re already a sports fan, it’s time to utilize your knowledge. Rather than betting on any game, stick to those sports/competitions that you’re passionate about.

Top 10 Strategy Tips for Sports Betting

6. Stats are Everything in Sports Betting

Checking the stats before placing bets is of utmost experience. They can tell you a lot about the teams involved, as well as help you choose the right bet. These are just some of the stats you need to take into account:

  • Current record
  • Home/away record
  • Head-to-head record
  • Total goals/points scored
  • Total goals/points allowed

On top of everything, it’s always a good idea to check how a team performs against teams similar to their next opponent. For example, if Manchester City is playing against a defensive-minded team like Leicester City, it’s best to check the Citizens’ record against other teams that tend not to concede too many goals.

7. Reading the News

Quarterback is the most important position in American football. That’s the player who can make or break his team. So, if he gets injured, his teammates are in trouble. The same goes for most other team sports, which is why it’s of crucial importance to check injury news before placing any wagers. Google is your friend in this case, while you can also use Twitter and other social media platforms for additional info.

8. Learning the “Fun Facts”

Did you know that UFC Heavyweight champion Francis Ngannou holds the world record for the hardest punch? His punch is stronger than a 12-pound sledge hammer swung full force. That explains why the Cameroon-born fighter has won most of his professional fights by knockout/technical knockout. Knowing this, it’s always smart to bet on Ngannou winning by KO/TKO.

Another good example of a knowledge you can use to your advantage in sports betting is that Russell Wilson is one of the worst quarterbacks when playing in cold weather. So, if it’s going to snow the next time the Denver Broncos play, maybe betting against Wilson’s team would be the right thing to do.

9. Bankroll Management

One of the key rules of betting is to never wager more than you can afford. Carefully managing your betting funds is essential to ensure your adventure doesn’t end too soon. So, the big question is how much should you bet?

Our advice is to test your betting prowess by making a couple of picks without wagering any money. This way, you’ll be able to figure out how often you win/lose. If, for instance, you win one in three bets, it’s a sign that your maximum bet shouldn’t be bigger than one-third of your overall betting budget.

10. Enjoy the Ride!

Always keep in mind that sports betting is all about fun. So, if there’s a time when you’re feeling lucky, just go with your hunch even if it goes against the aforementioned rules for successful betting. This way, if you win, awesome. If you lose, who cares – at least you’ve had a nice time.