Of course, you can hope that one day you will get rich with the lotto. But let’s be honest… how much did you win with all those times you bought a lottery ticket? Probably not that much. The chance that you have spent more money on lotteries in all those years than you have won is high. This type of gambling game is purely about luck. And that while it is much more interesting when you have an influence on the game yourself. With betting on football through online casino sites, you are in control. You determine the bet, and the stake and you look for the highest odds. Moreover, your football knowledge ensures that winning a bet is not a matter of luck. Don’t expect to suddenly become a millionaire with football betting overnight. Nevertheless, you can keep a nice amount of money. With these 9 tips, you might become rich.
Tip 1: Understand how bookmakers work
With every bet, there are two parties: you and the bookmaker. Only when you know how bookmakers work, you can beat them.
In the gambling world, so-called odds compilers are responsible for determining the odds. They base themselves purely on facts. And that is also the way you have to look at a match. Immerse yourself in the statistics, follow the current sports news, and make a thorough assessment of the match. Just like the odds compilers do. This is the only way to win the battle with any regularity.
Tip 2: Combine bets for extra high winnings
If you have little experience with gambling on football, it is best to start with a single bet. You then make one bet at a time and you win or lose it. Clear enough.
To get rich with football betting, high odds are crucial. A combi bet is a smart way to increase profits. You then bet on multiple matches at the same time and you have to win each bet. On the other hand, the odds of all matches are multiplied by each other. Suppose you combine three bets, with odds being 1.29, 1.72, and 2.50. Due to the multiplication, each euro wagered is worth an amount of € 5.54. Choose wisely. The risk that you lose one of the best (and therefore the total stake) is relatively high.
Tip 3: Probability is your best friend
Probability is an essential factor in football betting. The bookmaker makes an estimate of the match and adjusts the odds accordingly. You also make an estimate of the match and see if the chance that something happens corresponds to the odds that the bookmaker has been awarded. Probability calculation simply shows you what the value of a bet is.
The most successful gamblers swear by value betting. Suppose you’re standing at a T-junction and you don’t know if your friends in the other car have turned left or right. Then you still have a 50% chance that you are right. If we convert this percentage into odds, we arrive at (100/50 =) 2.00. When you estimate the probability at 50% while the odds are higher than 2.00, you have found value.
Value betting requires the necessary gambling experience and of course expertise in the field of football. Suppose you go for the match Heerenveen (odds 1.51) and Sparta (odds 6.35). Is it smart to bet your money on Sparta? According to the bookmaker, no. But after you have immersed yourself in the game, you might expect Heerenveen to have a 66% chance of winning and Sparta still has a 17% chance. According to these percentages, the odds should come to 1.51 and 5.88. For value betters, betting on Sparta is certainly interesting.
Tip 4: Follow a fixed strategy and focus on the long term
In lotteries, you can get rich in one fell swoop if you win the jackpot. Do you prefer to focus on football betting? Then accept that you are working for the long term. The € 100,- that you might bet on a match, does not immediately yield thousands of euros.
Because you’re going for the long term, it’s important to stick to a good strategy. That really doesn’t have to be an ingeniously worked-out plan. Rules such as ‘I bet 1/50 of my gambling budget per bet’ or ‘I only deal with the Draw No Bet betting type’ already give you enough guidance to work in a structured way. In the end, following a fixed strategy pays off. This is large because you do not listen to your emotions, but to your mind.
ALSO READ: Learn The Pros And Cons Of Betting On Sports
Tip 5: Keep your composure at all times
Speaking of emotions… gambling makes football matches so exciting that you tend to make crazy jumps. You had agreed with yourself that you would not bet more than € 200,- today. But you lose a few bets and you get frustrated. If you listen to your emotion, you still use more money to compensate for the loss. And in that, you distinguish a recreational gambler from a professional. The last group always knows how to keep calm, whatever the circumstances. If you react to emotion, you are guaranteed to lose money.
Tip 6: Every bet is a new bet
Imagine you bet on a match between Manchester City and Liverpool and the home team knows convincingly the win. Then you might be inclined to bet on winning for Manchester next time. But is it wise to build on previous successes? The answer to this is no. In the intervening period, a lot can happen, even if it’s only a few days. So look at each bet as a separate bet. That means delving back into the statistics and seeing what the current football news brings. Pay attention to the advantage of the home team, the injuries, the form in which the players are, and so on.
You have to let go of positive experiences from the past, just like negative experiences. It can happen that you lose two, three, or maybe even four bets in a row. Don’t lose heart and consider every bet as a new opportunity. This way you automatically get back into a positive flow.
Tip 7: Immerse yourself in the smaller teams and competitions
If you choose purely by feeling, you are probably going for an important match. The European Championship, World Cup, the Champions League, and blockbusters from the larger football leagues attract many gamblers. And of course, the bookmakers know that too. The value goes down so that this exciting match is suddenly no longer so attractive. We, therefore, advise you to delve into the smaller competitions and matches that are less highly regarded. Here you can just make a big impact.
Tip 8: Compare the odds at different bookmakers
You now know how the height of the odds is determined. But you should also know that there is not just one group of odds compilers who then pass on the odds to all bookmakers. Especially the larger bookmakers employ people themselves who take on this task. This means that different odds can automatically be found at different betting offices.
This difference is not only caused by the odds compilers making a different estimate of the match. Competition plays at least as important a role. For example, some bookmakers choose to sit above the average by default so that more and more players start gambling with them. It also differs per match and bet which bookmaker offers the highest odds. It is therefore worthwhile to create accounts at two or three betting offices and thus choose the best party for your bet.
Tip 9: Don’t be tempted by unreasonably high odds
The fact is: the higher the odds, the higher the profit. It is very tempting to pick a bet with 5.00 or preferably an even higher number behind it. You just have to always ask yourself whether it is really realistic that you win the bet.
In a Bundesliga match between Bayern Munich and TSG Hoffenheim (season 2017/2018), Betsson shows the following figures on a standard 1×2 bet: (1) 1.20, (x) 7.55, (2) 12.50. Normally, Bayern is already the big favorite, but the home advantage creates even more confidence in the club. Imagine what a big hit you can make when you bet on winning for TSG Hoffenheim. One problem: they have to be able to score more often than the Munichers. With such high odds, according to the bookmakers, the chance that that happens is very small. Combi betting can also be a pitfall. Always try to find a good balance between the possible amount of winnings and the risk you run to win the bet. The golden mean is often the best choice.