Betting business is a widely branched infrastructure. In order the fresher gets used and approaches to the opportunity of getting stable and solid profit, it is necessary to pass a difficult road. This article will tell you about the most important principles of betting market. These tips will help you not only to get acquainted with the sports betting but also to answer the question, whether this kind of business suits you. So, let us start. |
1. Betting exchange or simple bookmaker’s office? Despite the fact that the vast majority of the freshers start their activity as the clients of most common ‘standard” bookmakers, this question has to be solved. First of all, let us clear up the question of terms. Betting exchange is the resource, in frames of which the odds on sport events are formed by the players of a gaming platform (by the way, these odds are much higher at the betting exchange). The bookmaker establishes the odds on this or that sport event independently of players, according to the opinions of analytics. But this is an ideal variant. The reality shows that a lot of bookmakers because of financial issues are simply copying out the odds from other bookmakers with slight changes. But even despite the fact that the odds of simple bookmakers are lower that at betting exchange, this variant is more appropriate for a fresher because of small experience.
2. Choose “your” kind of sports.
So, we have chosen the gambling platform. But it is also very important to choose the sport on which you would like to bet. You are not good both at football, tennis, badminton, volleyball and chess, are you? So, you need to choose one kind of sports in order to gain success. More than that, each kind of sport is subdivided into various Leagues, associations, championships and so on. For example, it is practically impossible to gamble on ATP, WTA and ITF at the same time. In order to analyze statistics, keep a close eye on sportsmen’ health and to know the gaming manner of each sportsman without look at reference book, you have to specificate the aim. So, choose your direction and keep on it.
3. Odds are not the main things.
The most common and terrible mistake of all freshers is the desire to bet on the coefficient that is the lowest, that is to bet on favorite. This road leads to failure. The outcome of the event doesn’t depend on odds. These are only figures and are used for calculation the sum of the win. Who has to win, always wins but not the favorite.
4. Gaming bank: planning and distribution.
The main rule is that you shouldn’t bet all gaming bank on one event under no conditions. Even if you are 101% sure that the bet will win, never do this (of course, if your bank doesn’t have only few dollars). The sport betting is unpredictable. And this is great!
5. Your own intuition is the key to success.
Yes, this is true. You better trust it today in order not to regret tomorrow. You will understand this very quickly.
6. Don’t play because you want to become richer that you are
The wish to earn a lot of money without any efforts is very seductive. But to reach the level that will allow you to make gambling your main source of earning the living you need a lot of time, work and possible failures. Experience is essential here.
Detailed manual: How to beat the bookies
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