Here’s something that might break some of your spirits right off the bat: Most people who bet on sports end up losing money in the long run. It’s not a secret; successful and profitable sports betting enthusiasts aren’t the majority. Winning at sports betting is no easy task!
But it’s not impossible either.
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There are certain things you can work on to improve your chances of success. For example, there are certain skills that’ll put you above the average sports bettor. Let’s take a closer look!
Three Tips to Help You Win More Sports Bets
Not everyone has the same approach to sports betting. Most people are just casually in the niche, looking for entertainment more than anything else. Earning a bit of money on the side is simply a bonus for them.
However, some bettors are in it primarily for the money. They are in it to win it, and they won’t stop till they hit the jackpot.
No matter which group you belong to, these following facts ought to help you reach more wins at sports betting sites!
Start With the Right Sports Betting Site
Let’s address the most important things first—where should you bet on sports in 2021? Well, BetUS and MyBookie seem to be the best options nowadays. They’ve been at the top of the online sports betting market last year, too. Come to think of it, not much has changed in the upper echelons of online gambling in 2020.
Bonus Bet Now 1 100% up to $2,500 Go to Site 2 100% up to $1,000 Go to Site 3 50% up to $1,000 Go to Site 4 50% up to $1,000 Go to Site 5 50% up to $250 Go to Site
- Follow this link to learn more about what factors make these the best online sportsbooks
What is value when it comes to betting? It’s simple. A bet has value if the odds on an outcome pay more than they realistically should. A valuable bet doesn’t mean it’s a fool-proof, risk-free recipe for success. Finding (and understanding) valuable bets is only a part of the job, though!
There are other things you’ll have to keep tabs on, some of which we’ll explain further down the line. For now, we leave you with our in-depth guide on understanding value in sports betting. If you’re not up to speed on stuff like +EV sports bets, exploiting parlays, and teasers, that guide is a must-read!
Having a Proper Betting Strategy
Finally, let’s talk about strategy. You need a strategy—end of discussion! Even if you’re a casual bettor, having a strategy to guide you is a nice benefit. It’s not mandatory, though. But if you’re already knee-deep in sports betting and you’re looking to gain long-term profits, having a proper sports betting strategy is mandatory!
If you want more detailed advice on setting up your long-term sports betting setup, take a look at our sports betting strategy page!
Expected Value (EV) Explained
Expected value is a term professional gamblers use on a regular basis. To explain what it means in simple terms I’ll use an example. Let’s say me and you decided to have a coin flipping contest. We flip coins and you give me $1 for each outcome of heads; I give you $1 for each outcome of tails. We could flip coins for all eternity and neither of us will ever have an advantage because on average half the time we lose $1 half the time we win $1. While there will be swings back and forth, as long as we flip the coin enough times eventually we’ll both break even.
This particular bet has neutral expected value.
Now let’s say I’m tired of flipping coins, and want to quit, but while begging me to stay you offer me a better deal. This new deal pays me $1.10 for every heads, and I still pay you $1.00 for every tails. What happens now is half the time I win $1.10 and half the time I lose $1.00. If we flip 100 times I should average 50 wins of $1.10 ($55) and 50 losses of $1 ($50). Every flip of the coin I have a positive expectation (+EV) of 5 cents. As the one offering me this proposition you have the opposite, every flip of the coin is 5 cents -EV for you.
Every wager made in sports betting has either a positive expected value (+EV), negative expectation value (-EV) or in rare cases neutral expected value. Winning sports betting requires avoiding -EV and finding +EV bets.
Finding +EV Sports Bets
The reasons most sports bettors don’t spend time learning the tricks of advantage players is it’s slightly time consuming, most have no leads how to do it, are overwhelmed or when they do learn it’s not actually fun. If you’re looking for something fun we suggest paint balling, a trip to the amusement park, circus or what have you. If you’re looking to actually make money then you’ll need to know how to find +EV bets.
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