It is not easy to make money betting on sports, but that doesn’t mean it’s entirely impossible. With the help of sites like ThePuntersPage, many gamblers out there have recorded consistent wins, and some individuals even make a living as professional bettors. If you would like to increase your winning streak, it will help to go through this comprehensive guide. Here are some of the betting strategies to increase the chances of making more money.
1. 1X On Home
Double chance is one of the best strategies out there that’ll increase your winning streak. Suppose an outsider plays against a favourite team, you should place the “1X” bet. This betting strategy still has fairly high odds, so you’ll still make considerable profits in the long run.
You can also refer to it as the home win or draw strategy. With this strategy, you don’t have to spend a lot of time analyzing the match. The bookmakers have done the most challenging part for you, so you only need to check the odds. Be sure to go for odds between 1.60 and 2.50 to enhance the chances of winning.
2. Goliath Bets
Note that Goliath bets don’t guarantee wins, but they can earn you huge profits if you win. A Goliath bet comprises of at least eight selections, which means you predict eight teams to win. Under normal circumstances, you’ll have an eight-fold accumulator.
However, with Goliath bets, your original bet will have 247 different possible outcomes. It contains things like doubles and also eight potential direct wins. As such, once you place your bet, it’ll be multiplied in a way that £10 will earn you £24. It might not look like a lot of money, but even if two of the selections win, you’ll make a significant profit.
3. The 1.20 Strategy
Remember, we’re talking about strategies that would win you good cash in the long run. 1.20 odds might seem less profitable, but try to see the bigger picture. For instance, bettors that use the 1.20 strategies make a lot of profit when they win 30 bets consecutively.
With that, you can see that even if you start with £10, you’ll make crazy sums of money after a given duration. This strategy works best when you bet on live matches. For instance, a game in its 30th minute without any recorded goal is likely to end in under 2.5, and most of the time, the odds are 1.20 or higher.
4. The Fibonacci Sequence
You’ve probably heard some bettors using this strategy before. In Fibonacci sequence, the numbers are 1,1,2,3,5,8,13,21,34,55,…To help you understand, you might start by placing £100 as your first bet, but you end up losing, you place a similar bet and end up losing again.
During your third bet, you place £200, but you end up winning this time around. That’ll take you back to the first unit (1). This is the best betting strategy, especially if you find yourself on a losing streak. You’ll decrease and increase your bets based on your luck. If you can win more, your profits will be colossal after a very short period.
5. The 1-3-2-6 System
This method looks similar to the Fibonacci sequence, with only a few differences. It can be best described as progression betting. In this case, you’ll increase and decrease your bets as you win or lose. However, there’s a certain point that you must never go beyond. You’re free to set your own maximum point.
This system is quite prevalent in the roulette tables, where bets mainly pay even sums. It comes in handy when playing blackjack, baccarat, and dice games. It’s a strategy that’s very easy to understand. All you have to do is come up with certain rules and adjust your bets based on that.
6. Proportional Betting
With this type of betting, you need to stake a certain proportion of your bankroll. It’s imperative to always stake an amount you can afford to lose. From there, you’ll regulate the amounts of your bets based on your winning streak. This strategy is a no-brainer and is used by some of the most successful gamblers.
For example, if you had a £1,000 bankroll and you place 5%, your first bet will be £50. Suppose you win, you’ll then add another 5% to your previous stake and keep the sequence going. It’s important to know when to take things slow. This method can earn you a lot of money if you manage to maintain a winning streak.
7. The Kelly Formula
Currently, there’re many formulas that one can use to calculate the right stake on a given bet. One of them is known as the Kelly formula. It’s crucial to understand that you’ll not win 100% of your bets with the Kelly formula. However, many people feel it’s one of the best strategies to use.
In this case, you can determine the probability of a certain team beating its opponents. You’ll then use the same probability to determine the amount of money to stake. The Kelly formula suggests that you should only stake 2.22% of your bankroll. Note that the decision you make will also depend on how well you’ve evaluated the upcoming match.
8. Dutching
The truth is, even with some of the best strategies, you’ll lose some time. Thankfully, you can dutch in sports betting to greatly reduce the chances of losing a given match. This means making more than one selection in a given match to make profits regardless of the outcome.
All you have to do is break down your bet into possible outcomes. You should always work with two or three possible outcomes. However, feel free to bet on as many selections as you want. To enhance the chances of making profits, when using the dutching strategy, you should never add too many selections.
9. Always Do Your Homework
To increase the chances of winning, you should always be ready to do your research. For instance, before betting on a given match, you want to know the formation of each player. Even a great team is likely to lose if most of its players have injuries or are transferred.
Since some sources might be misleading, it’s important to research some of the most trusted tipsters on the web. That way, you can always make informed decisions. If you can’t get reliable information on a given match, you don’t have to put your money on it. Suppose you, the chances are that you’ll end up losing.
Closing Thoughts
Now you have some of the betting strategies that have proven to be valuable in the past. While this guide might not contain everything you were looking for, the details we’ve shared are just enough to give you positive results.
Suppose you choose to dutch, you should be careful not to pick too many options. Just pick two or three options, and you’ll be good to go. Do you have any questions on the subject? Do let us know in the comments, and we’ll get back to you.
