On any ordinary day, you’ll see hundreds, if not thousands, of betting lines on multiple sports in many parts of the world. It’s so easy to get sucked into betting multiple times on different teams with so much variety to choose from. This totally fine if you’re a casual bettor with a huge budget, but you won’t learn how to make an educated bet with this kind of strategy.
Below are some useful sports betting tips and strategies that can help improve your chances of making a winning bet:
New to intermediate bettors are advised to focus on only a single team and sport. This not only helps them gain more information on the team they chose, but it also cuts down the time they spend on researching every matchup.
A few good ways of implementing this strategy includes DVR’ing games of your chosen teams, watching them closely for player and coaching tendencies. You only have to observe a few subtle tendencies to get the upper hand over the other bettor.
If you love and enjoy sports betting, pick up a new team in a new sport when the season is over with. However, the moment you choose a particular team and a sport, stick with them throughout the season.
This strategy is quite simple. You only need to bet against the public. The idea behind it is that sportsbook shade lines give an idea of what they think the public will do. A sports book’s primary objective, after all, is to set lines that draw 50-50 action. Sportsbooks do not predict game outcomes.
This brings us to the topic of soft lines. If you decide to go against the public, you’ll probably have a chance of gaining an edge. But how do you know which team the public is backing? This will involve a lot of guesswork since the sportsbook does not release reports based on betting patterns. The secret is in looking for matchups where you think the public bias influences the betting action, and then bet the opposite way.
The majority of low-stakes sports bettors place a large part of their bankroll or budget into each bet. This is because they don’t make very large bets, and so they aren’t as worried about losing money.
For example, you have a $200 dollar budget/bankroll and bet $25 on a single game. However, if you want to level up your sports betting, you’d have to limit the amount you spend on each game.
This is because sports betting is a very unpredictable activity, and even the best players go through long bouts of losing streaks.
Most professional bettors bet around 1 to 2% of their bankroll in each game, which eventually lowers their risk of loss dramatically.
But what if you only have $200 in your bankroll? In this case, it would be wise to bet only $5-$10 per game to meet the minimum bet. Yet, even in this situation, you only risk losing around 2.5% to 0.5% of your bankroll.
It’s possible to purchase software from companies such as Sports Insights and Swish Analytics to help you develop advanced strategies.
These software programs provide you information that includes categories such as opponent rank, conference team rank, team vs. team, money line range, what month/year they played in, and if a particular team is on top or an underdog.
By keying in a number of variables, we would be able to see how teams compete with certain opponents and observe trends that the public isn’t aware of.
On another note, there are also free database calculators that provide you with a fair amount of options.
One of the most highlighted pieces of information in sports betting is how different teams fare against the spread (ATS).
ATS records are quite easy to find because they are usually published on different sites for all major professional sports leagues.
For example, you look up a particular basketball team and see they have a 17-12 loss record. This looks good, but then you find out that their ATS record is only 11-18. Based on this information, this team is definitely a poor bet. The best part of this is that you can back up ATS records with trends too.
You’ll notice that most sports betting strategies includes advice about checking weather reports. Why?
The answer is pretty simple: you’d want to know if offenses will be deterred by inclement weather on that day. Weather stats are particularly helpful because extreme weather can significantly impact the final score.
We’ve only covered a small number of the many strategies sports bettors use. However, the ones covered in this article represent some of the tried and tested strategies for intermediate and expert bettors.
The kind of strategy you use will depend on how much time you have and how dedicated you are of winning. As a newbie to sports betting, if you don’t have much time or are only betting casually, you would find fading the public and focusing on ATS records the most useful for you. If you want to become really good, however, studying one team, checking weather trends, and using software will definitely take your sports betting skills to the next level.