How to Win a Bet – Don’t Always Rely On the Favourite
Every sports betting event will have a favourite and an underdog. If you aren’t familiar with sports betting jargon yet, here’s what each of these terms means.
A favourite is the expected winner of the game. Conversely, an underdog is the team that is expected to lose. As per experienced bettors, punters shouldn’t always bet on the favourite. When you wager money on a specific team, you are taking a chance on them. Your prediction could either be right or wrong. This is why it isn’t set in stone that the favourite will always win.
A great example is when Rafael Nadal was up against Fabio Fognini during the Barcelona Open. Nadal being the favourite, the majority of the bettors wagered on him. However, it was Fognini, the underdog, who won the match.
Don’t Get Tempted
We get that the temptation to preserve your bankroll can be irresistible. But stacking accumulators with low odds is not the way to go. Here’s why.
Yes, you might win if you have multiple low odds selections on your bet slip. However, sportsbooks do not offer good prices for these bets. Hence, even if you end up winning your accumulators bet, be prepared to collect low to almost negligible profits from it.
If you want to know how to win a bet being a rookie, gather as much knowledge as you can about the sports. Familiarize yourself with all the rules of the game and do your research on individual players.
Learning everything there is to know about individual betting markets and strategies can open doors to more advanced betting systems for you. However, it isn’t necessary to pick out the most complicated strategies and markets if you are a beginner. Start slow and go for easy markets like the outright winner.
Researching can take you a long way to win online bets. Yes, it might take you days to go through hours of video clips to know more about the players. But you will be thanking yourself on match day as you will be making more skilful bets than the rest of the punters.
Find the Higher Odds
Want to know how to win a bet online? Then learn how to calculate the odds. Perhaps the thing that might seem the most difficult in sports betting is the odds. Especially if you are a beginner.
Essentially, there are three different types of odds that are commonly found in most sportsbooks. These are decimal odds, fractional odds and American odds. One good way of making huge profits online is to look for the best odds. You can even take the help of paid third party websites to provide you with a list of the best odds every week.
Never Bet With Your Heart
It is only natural for us to have a favourite team for every sport we watch. But it’s best to not get carried away if your favourite team is up against the home team. Who knows, you can even end up bagging in huge wins if you do not let your heart influence the bets you make.
Try Out Different Sportsbooks
Nowadays, there are hundreds of sportsbooks available to bettors in India. If you have begun your betting journey with one sportsbook, shake things up a bit by signing up for a new one.
Different sportsbooks offer different betting markets, sports, odds, bonus offers and promotions.
Consider External Factors
Bets cannot be won by knowing the odds and the strategies alone. There’s still a lot that you can control to influence the outcome.
For example, weather conditions can play a huge role in sports betting. The performance of the star player may deteriorate with a sudden change in the weather.
How to Win a Bet – Frequently Asked Questions
These are the answers to some of the frequently asked questions for how to win a bet online.
Yes! There is no federal law that explicitly specifies the prohibition of online betting anywhere. So you can, by all means, indulge in your favourite sports events for as long as you want to.
These are the most crucial features you should look for in a sportsbook as a beginner, a valid license, standard security tools, a good user interface, great odds, multiple payment options, list of sports available, etc.
A license is only offered to bookmakers who are absolutely reliable. So, if the sportsbook does not have a license, you should opt for another one.
Bank transfers, e-wallets and cryptos are all great options for paying deposits and withdrawals. However, e-wallets and cryptos make the best payment method as they are fast and reliable. Cryptos, for example, provide anonymity.
No. Sports betting is all about taking a chance on the player/team you think will win. Therefore, if the odds aren’t on the side of the favourite, they might end up losing.
Summary: Safe Methods on How to Win a Bet
Sports betting is easy once you get the hang of the lingo. Additional research on the sports, betting markets, odds and betting strategies can help to increase your chances of winning. Do not forget to take it slow as sticking to smaller bets can teach you a lot before you jump onto more complicated ones.