Odds and Probability in Sports Bets A very simple calculation allows you to establish the relationship between the rating and the probability. Let's use the example below. The proposed odds for the Carolina Hurricanes to win are -140 (1.71). The proposed win for the Toronto Maple Leafs is +110 (or 2.10). Knowing that: Rating = 1 / Probability and Probability = 1 / RatingThere is a 5...
Open Multiple Accounts
Thanks to the welcome bonuses offered by sports betting sites, you can build up a starting capital of several hundred dollars without spending a fortune. Knowing that not all bookmakers offer the same types of bets, odds and promotions, opening several accounts will also give you guaranteed access to all the best opportunities.
Avoid Cutting yourself off from the World
Whatever your personal situation and your results, never dissociate sports betting from the notion of leisure. Maintain a social activity and don’t hesitate to make small denominations when you feel the need to do so. There’s nothing like going back to basics to come back with fresh ideas. Not to mention the fact that there will be no more fun playing alone in your corner without someone to share your passion with.
Prove your point
Like gambling addiction, overconfidence is often devastating for online sports betting fans. Play in moderation and take the time to develop your strategy over time. Like sports careers, you’re likely to go through good times and bad times. The key is to keep a cool head at all times so you can make the right choices.
Avoiding Alcohol and Games
One of the worst enemies of analysis is alcohol. Never play under the influence of drink or anything else that might impair your judgement. Lack of discernment, foolish risk-taking, mistakes when taking bets… Avoid such a situation. If you are planning to drink on a match night. Play beforehand or simply refrain from logging in. After all, you will have many more opportunities!
As explained in our guide, your winnings depend not only on your ability to make the right predictions but also, and above all, on your ability to play the best odds. Since not all bookmakers offer the same offers for the same selection, it is in your best interest to always compare the odds from one site to another before placing a bet in order to make the most profit.
This advice encompasses several “risky behaviours”, the first of which is to bet on your heart club, as passion often wins out over reason. The second is to be wary of the proliferation of true-false predictors, on the Internet as well as on social networks, promising worlds and wonders with “100% reliable” bets and miracle methods that often pay off but never work.
Using Winning Techniques
A good knowledge of the types of bets available to you as well as the different winning techniques will allow you to deepen your betting skills. This is not a learning process that will take place in a snap of the fingers, but it’s worth considering, knowing that you can take advantage of detailed sheets and other tips to help you bet well online.
Avoid the Big Combines
The combination or multiple bet is one of the bets that should be taken with care. Multiplying selections on a single ticket will raise the odds very quickly, but don’t be under any illusions. More selections = more risks, knowing that a single losing prediction is enough to ruin all your analysis work. Instead, opt for combinations limited to a maximum of 2 to 3 selections.
Aim for Long-Term Profit
There’s nothing like setting reasonable objectives over time to ensure good bankroll management. The more you have a long-term vision, the less likely you are to be prone to excesses or possible errors linked to over-hasty judgement. In short, invest a fixed starting capital and make sure that it grows over time rather than gambling by squandering your money without even realizing it.
Avoid the Lure of Gain
Many of the players burned their wings as they chased after the prize money. Don’t play with the goal of getting rich overnight. Likewise, don’t let yourself be exhilarated by a series of winnings. The tide can turn very quickly in sports betting, due to a lack of concentration or simply bad luck. The same is true if you lose a bet. Always analyse the reasons for your failure before going back on the attack.