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If you’re looking to earn money from sports betting online, the explosion in excellent online casino soccer bookmakers available in the UK, as well as the popularity of betting exchanges, in particular Betfair, has meant that there has never been a greater time to make regular, sustainable profits. If you’re well prepared and disciplined, the following tips will assist you make your sports betting pay:
1. Always obtain the best value
In exactly the same as you would look for the best deal when purchasing goods, make certain you always look for the very best available odds on any event you are betting on. Even a small overall percentage rise in a normal odds you are able to bet at may be sufficient to make the real difference between long term losses or profits. Wherever possible, always take advantage of the “best odds guaranteed” offers that are now commonplace on horse racing betting at many UK online sports books. To put it simply, if the odds on the horse you have chosen increase before the race is run, the bookmaker will pay out any winning bets at the bigger price.
2. Less is more
Among the most frequent mistakes which will cause you to lose money when you are betting on sport, is placing too many bets. The serious sports gambler understands that there are lots of bets that are more favourable to the bookmaker, and avoids these, betting only once they feel the opportunity represents value. A classic example will be the “each way steal”, a bet that puts the odds firmly in your favour, only occurs very on a regular basis, and is a bet that the bookmakers despise. There are numerous successful gamblers who base their betting portfolio around this one method which can statistically always produce a profit over the long-term.
3. Take a long-term View
Within the same way that a days fluctuation in stock exchange prices is irrelevant in determining the overall profitability of a financial investment, a losing bet, day or week should always be kept in perspective. If you have done your homework, can prove the long-term profitability of a system, and stick to the rules, any losses should be viewed simply as being an essential expense incurred in producing the eventual profits. This is especially vital that you avoid the mistake of chasing losses throughout the inevitable losing runs that occur in even the most successful systems.
The successful professional gambler will invariably approach their betting as a business, keep meticulous records and always take a long-term view of the accumulation of profits. The key will be in identifying the methods that may provide the profits, being disciplined in your approach, always obtaining the most effective value and sticking to the guidelines that are statistically proven to produce betting profits.
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