Regardless if you are placing your bets on sports or online live casinos , it is always at its best to bet following updated and factual statistics. Let’s take a look further on how to bet with statistics.
Common Mistakes When Placing Bets Online
Let us start with the mistakes. You are new to the sports betting industry and have hope for easy-earned money, a few favorites are put on the betting slip and money is put on it. In the beginning you can be very lucky and earn a few euros, but the long-term success will not happen. Favorites always have small odds. Take Naples vs Chievo Verona (Tip 1) has a 1.25 odds, Chealsea vs West Ham (Tip 1) has a 1.22 odds, in addition to 3 games with the same small odds each. Now you have a bet slip with a total odds of 2.9, bet 5 € on it – that is a win of 14.51 €. If you play the ticket with 50-100 € you have a profit of 145.06 up to 290.13 Euro. Sounds good, but even a favorite has a bad day and because of a game your bet slip is lost.
The second big mistake is to type for quotas, clearly the low rate is more often correct than a high quota, but in sport everything is possible, i.e. it does not always have to be that a low quota is correct and a high quota is wrong.
The worst mistake in sports betting is addiction! You’ve won some money and you’re trying to win even more, you’re betting money on games you don’t know and lose, now there’s been another win and the same game starts over. Solution: Addiction or develop a strategy and a profit target.
Don’t play directly with high stakes if you don’t know. Best tips for learning, but without money. Write it down to you and follow the leagues you care about every day. Results & statistics of the league (rather many goals, rather fewer goals) and over time you get a feeling of what could be right and what not, but that alone does not decide what you type, because it’s not just about your feeling, but of course it will also affect your bets, because even if you go for statistics you decide in the end what you type. That’s why it’s better if you’re familiar with it and don’t just bet on statistics.
The Profit Target
Set a profit target and your budget at the beginning of the week. For example, you have a budget of €50 and want to make a profit of €200 or come from €10 to €100. Improbable targets would be to make a profit of €1,000 with €25. I don’t want to say that it’s not possible, but it doesn’t lead to a long-term gain.
Bet on different odds, for example: 1-2-3 single bets with odds of 1.8 to 2.2 depending on the budget and how much you can cope with loss, in addition, there are 2-3 betting combos with total odds of 2 – 4, depending on the overall odds, that would be 2-4 games with odds from 1.2 to 1.6 which I play with a higher bet and lastly 1-2 risk tips which I rather lower allude to it is about odds of 5-6. Pre-conditions: you have a feeling for sports betting and analyze the statistics. Results between the two teams, number of goals, form, table position, injured regular players, it is a cup game, the tribal elf is sent to the turf – just everything you can and need.
An example of a risk tip was the cup match in Spain between UD Almeria and Racing Santander on 14 January. UD Almeria had lost the previous match against Athletic Bilbao 6-1 and is not in good shape either, as they are currently in 17th position with only 3 games won out of 20 and a total score of 19. Racing Santander, on the other hand, who play in the Spanish 2 League Group 1 and are in position 1 with 41 points. Santander had a odds of 6.5 and the stats suggested you could try it with the tip on Santander. Result: You won 2-0.
Betting offices are often crowded, especially on weekends and it’s very noisy in there, and you can easily be distracted if someone has won something and you want to replay it or listen to tips from others. Everyone will have a laptop at home these days and can look at the stats on the internet, create their tips, watch the games you want to bet on (live bet) or bet on.