Successful sports betting – the secret of professionals

The dream of many sports fans is to earn a nice additional income from home or even to be able to live from it permanently. However, the fact that so many people fail is not due to the betting itself, but to the wrong approach and faulty strategic approaches. Read below how professionals approach the matter and how you too can have a better chance of success.

The bankroll as the basis of a professional sports bettor

Are you a big football fan and have you ever wondered what it would be like to bet on sports for a living or at least make a nice side income?

Then you are like many other sports fans in this country. What unites them is that very few have a concrete idea of what it is like to be a professional sports bettor and, secondly, what the path to this goal looks like and what hard, long-term work it involves.

Many a beginner does not even take advantage of a betting bonus, although there are now many practical comparison sites on the net. There, interested parties can find out in no time at all which bookmaker is currently paying out which bonus amount free of charge. In addition, the sometimes complicated sales conditions, which not only require different stakes, but also a minimum quota, are clearly presented.

The basis of successful sports betting is always bankroll management (BRM). This ensures that the stakes match the total balance and prevents the impending bankruptcy in the event of a losing streak. Therefore, never bet more than 3% of your total capital at the beginning.

Become an expert on the sport and absorb information

expert on the sport

The absolute basic rule of successful sports betting is that you should never bet on games that you cannot follow in parallel. This has to do with the fact that some important information is only available just before the game starts – apart from that, you have to monitor the course of the game in order to place further live bets or use cashout functions if necessary.

It is important that you not only know football well, but also the two teams playing against each other, the respective competition or league, the current level of performance, any lists of injuries, coach worries and internal quarrels. Professional sports bettors follow the principle that they include as much information as possible in their bets – there is no such thing as too much.

It is also important that you have accounts with several bookmakers, as they calculate their odds differently and this in turn has to be set in relation to any betting tax that may have to be paid.

Analysis of data sets and quota movements as leverage

Analysis of data sets

Most professional bettors are aware of the fact that the element of luck in betting can never be eliminated. Therefore, there are always so-called swings, i.e. phases in which the quality of the bet is good, but the financial result is not.

Successful betting is therefore always a long-term affair, which requires avoidance of tilt and analysis of numerous data sets and odds development. For example, professionals look at how the odds for both teams have developed in the past and consider numerous statistics based on probability evaluations.

This does not necessarily have to be done manually, which is time-consuming, but programs that carry out the scans automatically can also be used. Some professionals develop their own software for this purpose, which they work on for weeks or even months.

As you can see, professional betting has nothing in common with the usual beer bet and is primarily based on an effective analysis of variables. The question of whether you ultimately bet on a single, combination, handicap or system bet is just the tip of the iceberg.