How To Make More Money Betting On Sports



It is obvious you enjoy gambling if you have landed on this excellent gaming strategy website. You may be a fan of blackjack or a budding roulette player, but have you considered sports betting?

The sports betting industry is one of the biggest in the world in terms of revenue. The global sports betting market enjoyed $203 billion in revenue during 2020, and that is while the planet was in the grip of the COVID-19 pandemic. Sports betting revenue are more than double the music and film industries combined!

Sports betting is popular because it gives punters the chance to combine skill and luck to win money, just like most casino games. The odds are stacked in the sportsbook's favor -- it is how they make their money but you can take steps to increase your chances of profiting from sports betting, starting with choosing one of the bookies at onlinesportsbetting.net.

Take Advantages of Welcome Offers and Bonuses

There are hundreds of sports betting sites to choose from, each vying for your attention and, therefore, business. Offering bonuses is one tactic online sportsbooks employ to gain new customers. Having a first deposit bonus, or a handful of free bets, is a great way to ride out any results that do not go your way.

Always check the terms and conditions of any bonus or special offer you plan on taking advantage of; otherwise, it could be you who has been taken advantage of.

Do Your Research Because The Bookie Does

While it is possible to win at sports betting by simply choosing a potential winning horse or placing a wager on any sports team, you stand a better chance of making more money by doing some research.

The biggest gambling companies employ researchers who then relay their information to the team that compile the betting odds. Gone are the days where the bookies get their odds drastically wrong and give the punter a significant advantage.

In 1991, British gamblers Paul Simons and John Carter won sackfuls of money from small bookmakers who had incorrectly priced up the possibility of a hole-in-one at a major golf tournament. Some bookies offered odds of up to +10000 on this happening despite the true odds being closer to +125. The lack of research on these bookmakers' part cost them dearly.

It is extremely rare to discover such discrepancies in odds these days, but you can still find instances where the odds are better for you. This usually happens when lesser-known teams are involved.

For example, Portuguese second division soccer, or games such as handball, or the game of bandy that Russians love playing. Bookmakers tend to give more attention to the more prominent sports and leagues. Use this fact to your advantage.

Shop Around For The Best Odds

If you do not want to specialize in obscure sports or the lower leagues, you can still profit from shopping around and comparing the odds each site offers. There is no limit to the number of online betting accounts you can have, so let this work in your favor.

You will likely find the difference in odds is not huge, but you may find one sportsbook offering +200 odds while they are +225 on another site. The difference is not huge, but enjoying better odds over a prolonged period adds up and guarantees you more winnings.

Always Bet With Your Head, Not Your Heart

It is vitally important that you always bet with your head and not your heart. By this, we mean you should try to keep your emotions out of any bets you place. Punters love betting on their own team, which is excellent if you are a fan of the Tampa Bay Buccaneers, who win the majority of their games. But how much money have you lost over the years betting on your team when it had little chance of winning, but you were in love with the idea of them causing an upset? More than you care to admit.

Likewise, never bet when you are tired, upset, angry, or stressed. These negative emotions cloud your judgment when it comes to betting on sports, and you need to your wits about you to be a profitable gambler.