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How to Become a Sports Betting Pro

November 13, 2022

How to Become a Sports Betting Pro


Sports betting has become a pastime for millions of people around the world. This became relevant due to the legalization and spread activity of predicting sports results. Now you can bet on a particular outcome in most bookmakers and a casino online. The advantage of this hobby is that it can become profitable with the right approach. At the same time, many novice players face the difficulties of correct forecasting. They are sure that it is impossible to beat the bookmaker's office.

Several habits and tools will help you increase your odds of winning. You should study them before you pay by phone casino and playing for real money.

Find Out The Break-Even Rate

The Break-even rate is the amount you need to bet to win back the current stake. It provides a game without losses in the long run.

To understand, think about the odds of tossing a coin. In this case, the bet made can win in 50% of cases. The moneyline, in this case, is +100. If the client bets $100 on the outcome, in the long run, he will take his $100. A money line above +100 indicates long-term profit. Money line ratios less than +100 indicate unprofitability. With a good chance, betting on these events will decrease the bankroll.

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Let's say, after your analysis, you found that team A has a 70% chance of winning a football match. To make your team bet profitable in the long run, you need to choose a money line of -233 or higher. The +233 money line can also be considered a winning one in case of a bet on the second team to win.

The break-even rate is calculated separately for positive and negative money lines:

  1. Negative. It is calculated as the absolute value of the money line divided by itself + 100. If the absolute value of the money line is -100, then the break-even rate is calculated by the formula: 110/(110+100) = 52.4%.

  2. Positive. It is necessary to divide 100 by the amount of the money line + 100. The break-even rate for line 110 will look like—100/(110+100) = 47.6

Look for the Best Prices

Online betting has several advantages—you can compare bets in several offices. An important rule is not to bet on the first site that comes across. Be sure to visit numerous bookmakers and find the best conditions and prices for interaction.

Sometimes, you can bet on both sides of the market. So, you guarantee a small profit, regardless of the event's outcome. This approach works in the case of using various bookmakers.

Take Advantage of Bonuses on the Bookmaker's Website

Many bettors ignore the bonuses offered by bookmakers. But it becomes an excellent option to increase the available bankroll. Take advantage of the bonuses if you want to bet on the Premier League but have a limited budget.

 Most often, bookmakers offer numerous options for promotions:

  1. Additional amount to the deposit. After depositing money, the client receives a certain percentage of the amount in the bonus account. The number of rewards is individual for each bookmaker. It varies from 30% to 100%.

  2. Free bet. The peculiarity of the bonus is wagering with one bet. In the case of victory, a player takes the number of winnings; in the case of loss, a gambler does not lose anything.

Do Your Research

With 100% probability, it is impossible to predict the outcome of an event. Even if all factors are considered, no one canceled the accident. But a multi-faceted study of the upcoming sporting event will help you increase your chances of winning. 

We advise you to pay attention to the following nuances:

  • How the team performed in previous matches.

  • What is the physical condition of the key players.

  • What kind of weather is predicted at the time of the meeting (relevant for outdoor sports).

  • Have key players been injured recently, and so on.

Don't Bet on Express Bets

According to statistics, bookmakers earn 32.1 cents on parlays per dollar. For comparison, direct bets bring bookmakers an average of 5 cents per dollar. Parlay bets can be compared to taking out a credit card with a high-interest rate.

If you want to try how accumulator bets work, use bookmaker promotions. In this case, risk-free rates are suitable.

Place Your Bets in Advance, not at the Last Minute

The earlier a bet on an event is made, the better odds the bookmaker is ready to offer. Moreover, for such bets, there is often a lower wagering coefficient. This is because the bet on the initial line is only the first guess about a particular sporting event outcome. Odds change after additional information about the upcoming match appears—the announced squad, injury reports, etc.


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Focus on Closing Line Value in Sports Betting

The closing line is one of the best indicators of the true probability of an outcome. The amount by which it will be possible to beat the closing line consistently can give a good profit for the better. The closing line is the most important point in the game for bettors.

Don't forget that events and tournaments usually have a random outcome. If you apply winning strategies and consider all the factors, it is possible to predict a result. At the same time, our tips will help you improve your chances of winning.

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