Best Sports Betting Strategies that work in 2021
The back and lay strategy is the most common betting strategy and is very risk-averse. This strategy can only be employed with the use of an exchange site. For those who don’t know, an exchange site is different from a traditional sportsbook as the odds available have been created by other customers. The two most popular exchange sites are currently available on Betfair and Smarkets.
To back something in the sports market means that you are betting on a sports outcome happening. For example, Manchester United to win. While laying means you are betting against that outcome. For example, Manchester United not to win. When you lay an outcome with odds less than you backed it for you are guaranteed profit! The difficult part is finding odds that are likely to be in the customer’s favor. Professional gamblers view the exchange sites like a day trader views the stock market. This strategy can be very profitable but will require a lot of patience and study. The best thing about this strategy is that it is only necessary to be right for a short period of time. If there is reason to believe that the odds of an outcome won’t go much higher than 3.15 for example. We can back this outcome and wait to lay against the same outcome. This is extremely risk-averse because the worst-case scenario is that the odds will go up slightly and we will have to cash out for a small loss.
Please note. When employing this strategy, it is good to look to make a profit between 2 and 7 %. If done correctly, there is little risk involved and discipline is the order of the day!
Handicap betting is one of the most popular betting strategies in the world. When done correctly it is possible to find situations that are in the ‘punters’ favor.
If a team is a heavy favorite in a game. Handicap betting will have more attractive odds. A bet placed on Liverpool at -1, will mean that they essentially start 1-0 down for the purposes of the bet. This will mean that they will need to win by 2 goals or more to win the bet.
Handicap betting is popular because it allows punters to be partially right and still make a profit. Here is one of the most potent strategies.
Maybe a team is a favorite in a game but the data suggests that they are not scoring many goals and there is reason to believe that a win is not as likely as the bookmakers will make us believe. If you place a bet of -1 you can allow for this team to win by a small margin for a small reduction in odds. If implemented correctly this can be a potentially successful strategy. There are many syndicate groups that only bet using the handicap markets. This goes to shows that many punters believe that these markets are the most exploitable
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When a team is an overwhelming favorite the odds on the outright win might not be appealing for the average punter. This is where an under/over market can become useful. If the conditions are right you can bet on the outcome of the match as well as the over/under market to make the odds slightly more appealing.
Example: Manchester United to win and there being over 2.5 goals in the match.
For statistic lovers. This strategy relies heavily upon the use of data and reading the form. Recent stats might suggest that the next game will be a low scoring affair. Using an exchange, it might be possible to find odds that are in our favor. An exchange site is crucial once again as a traditional sportsbook will have all of this available data factored into their odds.
It is possible to choose a niche area of this market and exploit it for value. The over/under, card markets, or the over/under, corners market are not as popular the goal scoring markets. Therefore, the overall knowledge of what odds represent good value is not as vast as it is on other markets. On an exchange site, you can constantly scan for odds that are at odds with other bookmakers.
bookmakers might offer 2.0 for there to be 3 cards or more for an example. If a punter were to go on an exchange and get a bet matched for something in the region of 3.5. This would represent tremendous value and gives the punter a big chance of becoming successful in the long run.
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The everyday punter loves accumulator bets. It gives customers the hope that they can become wealthy with just a small stake. The reality is though, the likelihood of these miracle bets coming off is very, very unlikely.
Most bookmakers offer Acca insurance. This means that it is possible to get your stake back if one selection lets you down. Even though we all love accumulators we have to be honest and say that there are no golden strategies as far as they are concerned.
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I will give a hypothetical scenario. Imagine you knew that the best two players for Manchester united were not fit and the rest of the market didn’t. Why would this information be useful for us? Well, I would suggest that you wouldn’t immediately place a bet on Manchester United to win with this information.
This sort of situation will be hard to come by when betting on major sporting events as bookmakers will be all over any potential news. However, in less obscure events there are many groups who look for small edges day in day out. For example, there might be a game with the under 21’s and you know a lot of the first-team squad will be playing. There is a chance that the odds do not reflect this information. In this case, it’s possible to bet on the outcome of the match and cash out for a profit when the team news is made official.
To fully appreciate what odds represent true value a deep knowledge of the sport is a major advantage. I am not just talking about betting on the outcomes of football matches, I am talking about betting on particular markets such as the draw only. This way you can take advantage of anomalies inside the market. Please note that this is far more likely to happen on an exchange site. Simply because everyday punters will make more mistakes than bookmakers.
Here is one example. In matches that are close to being 50/50 the draw is nearly always above 2/1. If you are able to lay a bet for this amount you should always take it and look to cash out before the game starts.
If I told you there was a guaranteed way of making money while gambling I am sure some of you will dismiss this out of hand. With matched betting, however, this indeed is a reality and with little explanation, it will be clear to see how many people take advantage of this.
For matched betting to work an account with an exchange site will be needed. Here is an example. With William Hill, you only need to bet 10 GBP to get 30 GBP’s worth of free bets. So to make guaranteed money you will need to do something like this. Bet 10 GBP on an outcome of an event and use an exchange site to bet against that outcome happening. The idea here is to break even!
if you bet for a horse to win at 3.0 with a stake of 10 GBP you will need to place a lay bet on an exchange site against this horse to win at the same odds. So whatever the outcome you are guaranteed to break even. After this, you will be rewarded with free bets without risking a single bit of money. It is that easy!
There are so many bookmakers out there and it is estimated that it’s possible to make at least 500 GBP by taking advantage of welcome bonuses alone. Sometimes bookmakers will offer free bets when punters bet on certain sports events. Whenever one of them occurs in your outbox we can now all think of guaranteed money!
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