Online betting has grown popular over the past couple of years, and it is undoubtedly the world’s most engaging pastimes. As such, there are dozens of online bookmakers where players can bet on different sports like football, hockey, volleyball, basketball, horserace, and many more. Also, you will find numerous reputable online casino sites where you can bet on favorite games like blackjack, roulette, baccarat, poker, online slots, and a live dealer.

Do quick research, and you will be surprised by hundreds of websites offering gamblers and bettors with betting strategies that will guarantee you 100% wins. You will also come across self-proclaimed marketers, strategy experts, betting consultants, statisticians, and mathematicians promising you with tips and tricks to help you beat the odds and rake in regular winnings. Are they worth your time?

Regardless, you are a rookie or an experienced online gambler; it is essential to practice or research and craft your strategies before you follow what other people believe in. Nonetheless, you’ll require some guidance from experienced bettors in the industry to be able to develop your own. Here are some betting strategies that will help you to not only boost your winnings but to help you to stay safe and secure in your betting journey.

Do your Research

Although most bettors depend on luck to help them win, sometimes it is not the case. Most online bettors, as well as gamblers,  don’t take time to research on what they want to bet on. This explains why most of them end up losing all their bankroll. Putting enough time in background research and analysis will help you to increase your chances of beating the odds in any sports. Below are some of the things to keep in mind when doing your research:

    Subscribe to at least two sports newsletters

    Learn the basics of statistics to help you make the right decisions

    Practice good record keeping of your betting options, their outcomes, and more. It will help you to evaluate and correct your betting style.

    Always bookmark good sports betting websites for future research

Learn Bankroll Management Skills

Bankroll management is one of the oldest online and offline betting strategy. The primary role of the strategy is to help punters to avoid betting with money they can’t afford to lose. Also, it is crucial at assisting players not to chase their losses and bankruptcy. For instance, if you have set aside $500 for betting through football, it is wise to limit each bet to between 1% and 5% of your bankroll.

Always Keep an Edge in your Betting

Most people tend confusing betting and gambling. Unlike online gaming, betting allows punters to have an edge — the most essential thing to not follow what the crowd is doing. It is normal for beginners to align their objectives with the public. However, if you intend to make betting your primary source of income, you need to have an open mind, think full and wild, designing your betting style, and above all else, staying away from public opinions by all costs.

Take Advantage of Bonuses and Special Promotion

The essential thing about online betting is that bookmakers will use different bonuses and promotional offers to attract punters. In as much as these offers are helpful in building the bankroll, you need to be cautious especially with unrealistic bonus offers. Most (if not all) of these special offers come with strict terms and conditions to be followed before the winnings can be cashed out. The thumb rule, in this case, is to always read all the requirements in the terms and conditions before accepting any bonuses.

Choose the Right Betting Website

There are tons of online bookmakers available in the market today, which makes it hard to choose between a legit and rogue site. If you are new to this field, there are factors you must consider when looking for a good betting platform. Some of these factors include security and licensing, number of available sports or games to bet on, the supported payment options, and the convenience of customer support team.

Avoid Chasing Your Loses

Before you start betting, you need to understand that there is loosing and winning. Most online bettors have a habit of increasing their stakes especially when they are losing. Even though this strategy is recommendable in some cases, you need to keep in mind your budget. Raising your stakes when losing with the hope of redeeming lost money can lead to bankruptcy. The best advice is such situations is to take a break and resume your betting later.

Practice

There are numerous ways you can bet online. The best way to come up with the best strategy is to practice using different styles with free games. This will also help you to learn to stick to one strategy.

Don’t Hope for Big Wins

One thing that makes bettors hope for big wins is over-confidence. Games like soccer offer a wide range of bets like multi-bets, teasers, parlays, and more promising bettors with possible huge gains. Unless you have done in-depth research and analysis, you need not to have hopes for significant returns in your betting career.

Stick to Your Strategy

Crafting betting strategies is not a hard task, sticking to your strategy is. Most both novices and experienced have a weakness of not being faithful to their strategy. This happens when one experiences regular loses than wins. If it has reached a moment your strategy is failing you, you need to break. This will help you to refresh your mind to boost your thinking power.

Bottom Line

Online sports betting is fun and exciting. However, there are no shortcuts. To achieve your set objectives, you need to sacrifice your time and develop a strategy that will always back you up. It is also essential to learn from your betting adventures to stay safe at all time. Remember, successful online betting is reached through the willingness to invest in time and financial discipline.

About The Author

Freelance writer and passionate Liverpool supporter from Northern Ireland. Married to the beautiful Christine. Feel free to get in touch on Twitter - YNWA.

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