How to increase your chances of winning at betting guide, Horse racing gambling, Architecture design
How to Increase Your Chances of Winning at Betting
19 September 2022
In betting, you simply can never guarantee winning – there is always an element of unpredictability in regards to how the events will pan out. However, that doesn’t mean that you can’t do anything to increase your chances of winning or, at least, minimise your losses. Here are some top tips:
Use an independent bookmaker
First and foremost, using independent online bookmakers as opposed to the large organisations is recommended. This is because, as a user, you are more likely to get better value with smaller, private bookies. Since they need less money to survive, they will typically offer much more competitive odds, more and larger bonuses as well as smaller fees when it comes to payout methods.
In addition to this, you are more likely to have a better gaming experience with independent bookies all together. Such things as customer support, clear communication regarding the betting markets and odds may not impact your winning chances, but will determine how enjoyable your time with the online betting site is.
Stick to the things you know
Eliminating complete and blind guesses from your betting strategy is key in increasing your chances at winning more often. That is why it is always best to stick to the games or events that you know enough about to bet on. For instance, if you are trying to decide who to bet on in an international Poker tournament, knowing the rules of the game and the historic success of the players involved will give you a huge advantage.
Of course, this may not always be possible, as you sometimes find yourself betting on events that are unique and / or never happened before, so you don’t have much knowledge about them. However, in general, staying away from markets where your bets are based on nothing but random guesses will save you some unnecessary losses.
Your bankroll management refers to the amount of money you have decided to allocate for each bet, which you cannot exceed. This is a strategy that many players use in order to increase their chances at winning. Normally, you will decide on a percentage of your whole bank (e.g. no more than 5% of the total amount in a single bet).
Having those rules will then allow you to come up with the best strategies on how to use that money, without ever risking large losses. This is essentially about starting small, making more out of your money and building up your confidence over time.
Follow expert coverage
Placing bets that are highly informed will also increase your chances at winning them. Therefore, it’s always a good idea to listen to lots of expert coverage on the specific game or an event, discussing the most likely outcomes. Of course, you cannot blindly follow someone else’s opinion on the matter, as no one will know for sure, but the area experts will base their predictions on years of knowledge and experience. Ideally, you’d gather your information from multiple different sources to make the most informed decision.
Try to remain impartial
In betting, who you want to win and who is more likely to win are two different things. Staying as objective as possible is the best thing you can do to decrease your chances of losing. This is not always simple to do – placing a bet against your favourite football team may feel wrong and almost as a betrayal, but if you genuinely don’t believe they have a chance of winning then, well, betting for them is a waste of your money.
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