How to win a sports bet

How to Bet on Sports: The First 12 Things Beginners Need to Know

Which bet is easiest to win? What are the easiest bets to win?

• BTTS: BTTS bet demands the punters to predict if both teams will score a goal or not. ...
• Over/Under: This bet can work in your favor when you have chosen a smaller figure as reference. ...
• Double chance bet: In this bet, you win money when any two from the three outcomes are obtained.

How do professional sports bettors win? Money Management

What is the safest bet to make? Money line favorite They never bet more than they can afford to lose on any single wager. They make calculated bets based on their bankroll and edge, not emotion. Successful sports bettors aim for a 55–60% win rate to overcome the “vig” and bookmaker's edge — ElitePickz's no-vig fair odds calculator can help achieve this.

What is the biggest ever sports bet win? McIngvale had placed a number of bets adding up to around $10m on the Astros to take the World Series, which meant he netted $75m when Houston closed out the championship with victory over the Philadelphia Phillies at Minute Maid Park. The sum is believed to be the largest payout in the history of sports betting.

5 Tips To Be a More Profitable Sports Bettor

Some books may float a Moneyline on a spread while another has The margin is small but over the long run that difference adds up. For bets on props and team totals, there can be a bigger variation that can be leveraged in a variety of ways. Having access to multiple books is crucial for the success of a sports bettor.

This could be the most important point that I make in this article. Beating closing-line NFL spreads and totals in the long-run for meaningful profits is nearly impossible. It's one of the most efficient markets in all of sports. So what should you bet on. No matter what they do it will make up just a small portion of their overall handle total bets they take.

Some say that lower limits are a reason not to get into smaller markets. Circling back to tip No. Player props are usually released late Friday or Saturday morning and are ripe for the picking at their opening numbers and often-times are still worth betting as closing numbers.

I just gave the player prop market as an example, but fellow 4for4 writer Ryan Noonan goes a good job breaking down team totals each week. If you are looking to take sports-betting seriously, treat it as an investment. The fewer selections you make in dutching, the fewer losers you support and the more profit you make from them. However, by dutching fewer selections, you increase your risk.

Dutching is best used when you either have information or have a very strong feeling that an outcome is very unlikely. If those unlikely outcomes have huge odds, then dutching is not worthwhile, but if you think the desired outcome is unlikely, then the remaining selections in dutching pay good dividends.

The main characteristic of Dutching is that you win the same amount, but with all the different odds involved, it can sometimes be difficult to figure out the stakes required. You know that your stake on the 0. To calculate how much you should bet on the other selection:. How to win a sports bet The total stake would then be In dutching, it is important that the selections you are betting on have combined odds.

To pick the best bets, you still need to consider odds and choose events where your combined selections have the best chance of winning in relation to your odds, rather than simply supporting all of the selections you think might win. When placing your Dutch bet, you have already worked out your stakes and total returns so that you can place the bet, with the same return for each outcome.

To get the decimal odds for your bet, you simply divide your total stake by your returns. One of the greatest advantages of dutching is that it creates new opportunities for profit. With dutching, you can get paid off for both of these situations. If you think a low-rated favourite is very unlikely to win, then two or more high-rated selections in this event could offer great value.

If the added up returns from the combined bet are greater than the chance that those outcomes will win, you will generate value through dutching. By dutching you reduce your overall odds, but increase your chances of winning your bet. In theory, this should result in more winning bets and therefore more frequent betting returns. This helps to protect your betting account from dry spells and should also offer you some joy in betting.

The more selections you make in dutching, the more you reduce your overall odds in each betting event. Whenever you decide to add new selections, you have to take into account the fact that your betting rate needs to improve, so that a certain level of profit can be maintained. The same principles apply; the more choices you make, the more likely your bet will win, but the less money you will win.

And on the contrary, the fewer selections you make, the less likely it is to win and the more profitable any winning bet is. Have you ever regretted placing a particular bet and wished that you could somehow withdraw it. Or maybe you had doubts as to whether the team you supported could really hold the lead?

These properties give the speculator more control over the bets already placed and could ultimately make a big difference in the overall bankroll if you wager your cards correctly. The early payout is often referred to as the cashout by most sports betting sites.

The early withdrawal option allows sports bettors to withdraw their bets early, before they have been settled. So, you can either make a profit or get a part of your stake back, depending on your selection at that time. The feature is available as soon as you have placed your pre-match or in-play bet and the payout amount will fluctuate based on the events taking place in the game.

Speculators can take advantage of the exciting option when placing their bets in soccer, tennis, basketball, cricket, baseball and even horse racing — on both desktop and mobile. If the team or player you are supporting is in a winning position but is being led out by the opponent, then you should definitely make a cashout and secure the appropriate profit instead of watching your potential profit and stake vanish into thin air.

Your forecast proves correct and your choices lose the lead. Alternatively, the option of paying out can also be used to limit losses, which can be a very good strategy in the long term. This may not seem like a popular strategy, but it can definitely help speculators stay afloat for longer periods of time. This bet has an interesting advantage due to the development of the odds.

Find a game where you expect an over 2. Only use this betting strategy for bets where you expect this. Before the game, the odds of an over 1. In some cases, it is no higher than 1. But while the game is running and the goals are missing, this rate increases almost every minute and becomes more and more lucrative. Now you have to be patient.

Ideally — as with any bet — you should watch the game live at the same time in order to have the greatest possible advantage. Now wait until the bet has odds between 1. The higher the better, but of course the timing is important. If a goal is scored, the bet is over before it has even started and you have to find a new game. This strategy only works if it is long enough.

Usually, you will have to wait until the 35th to 55th minute so that the odds on the over 1. However, we recommend that you still bet in the first half — it is important that the odds are 1. You analyzed the game before kick-off and expected an over 2. And we are eagerly awaiting the first goal as soon as the bet is played. If a goal is scored quite early after your bet, then you have — at least with most bookmakers who allow this — a profitable exit strategy: The odds for the over 1.

You will definitely get out with a plus. The riskier option is to wait for the second goal and win the bet anyway. Here it is of course advisable to watch the game live. If there is a goal in the air, you can still wait and let the bet stand. If the game is a tense affair, then it may be better to sell the bet. In any case, for such a strategy it is advisable to bet with a betting company that allows a live cashout option.

For more information on the subject of live betting, see also the live betting section of our page. How to succeed at sports betting As mentioned in other posts, being informed about the games you want to bet on is absolutely essential. It is therefore advisable to specialize in a single country, ideally even in a single league.

In the best scenario, you should choose a league in which there are numerous live TV games, the players are largely known and the media coverage is extensive. If you decide to only bet on games in the Estonian league, then in the long run it becomes more of a lottery than if you specialize in the English Premier League or the German Bundesliga. You will always bet best when you know everything about a league, its teams and protagonists and follow them week after week.

This is the only way to ensure that you know everything about developments within the teams, injuries or suspensions and their consequences. Of course, you can also specialize in several countries or leagues and follow them all with the same level of care, but the more specific and focused you are in your analysis, the better.

Specialize and you will succeed. A money race is a betting strategy in which the profit amount from a winning bet is invested directly in the next bet. This is usually continued through numerous bets until a desired amount of money is reached. The Money Race can be run with all possible types of bets. In this case, the Money Race is particularly interesting for sports bettors with a high bankroll.

If the Money Race is started with a rather high initial stake, you will save yourself numerous necessary profits on the way to the self-imposed goal. At the same time, however, the risk of loss is also greater. This is shown in this calculation example:. With the help of higher odds, a Money Race can of course also be accelerated, but the risk of losing all winnings is significantly higher.

Usually you vary your bet a bit; after all, it is also very important with the Money Race to avoid going wild, but to research well instead despite the low odds. As with all bets, it is important to bet when you are certain that the outcome is highly probable.

Even if you are strongly focused on an average odd, in our example the rate 1. Here, too, research and conviction is of outmost importance. A tie is not the most popular bet out there. But: draws pay well. Sometimes it makes sense to go for a draw instead of traditional win or loss. In gambling, a good Return on Investment ROI can vary greatly depending on the type of gambling and individual betting strategies.

However, as a general guideline, a positive ROI is always a good sign as it indicates profitability. There have been instances where individuals turned into millionaires through betting. A well-known example is Billy Walters , a professional gambler who has made millions from sports betting. How to win a sports bet However, remember that these are extraordinary cases. Gambling should be considered a form of entertainment, not a reliable way to build sustainable wealth.

Always bet responsibly and never risk more than you can comfortably lose. However, this level of earning may not be sustainable in the long term. Yes, but like any endeavor, it takes hard work, skill, and a bit of luck. However, if you do your research, find your niche, manage your money wisely, and stay disciplined, sports betting is definitely profitable.

Consider joining our Discord channel for profitable sports betting picks to get started. Elite Pickz. Elitepickz Demo. What Are Analyst Picks. What Is Arbitrage. What Is Positive EV. Shop Plans. Can Sports Betting Be Profitable in . Myth vs. Reality March 10, Written by. A common question among gamblers is: Can sports betting be profitable. The short answer is yes; it is possible to be a profitable sports bettor.

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