This is not rocket science, you can make money by using these 5 simple betting strategies. PS - These methods are very basic, and you don’t need to have a great deal of betting knowledge!
Betting is all about getting the odds in your favour!
BET AGAINST THE PUBLIC
Lots of betting value is found by betting against the public. The ‘’herd’’ often follow pundits and tipsters blindly, and they love betting the obvious!
On that note, don’t follow TV pundits who give out betting tips. Ex footballers such has Charlie Nicholas might offer an opinion on how a game should play-out, but he’s not an expert on gambling.
While a top jockey can make some difference to a horses chance, their mounts are often over-bet and offer little in terms of value. The fact is, if a horse isn’t good enough to win a race on it’s own merit it won’t!
When thinking about odds try putting yourself in the bookmakers shoes. Wouldn’t you make a team/horse/player artificially short in the betting if you knew the public where coming to bet?
Anticipating ‘’supply and demand’’ is a method bookmakers use, and they price fixtures after taking this into consideration!
BETTING LESS SUPPORTED TEAMS
More betting value is found in lesser followed teams. Take it from me, bookmakers are aware Manchester United, Barcelona, PSG & Juventus are bet by the mass, and they price matches taking this into consideration. Teams with lesser public appeal are the place to search for higher value odds.
Take this seasons premier league, it’s fair to say both Crystal Palace & Sheffield United have over-performed. These teams have set-up to make life hard for bigger clubs, and more often than not they are winners of the handicap!
It isn’t just football, this applies to any sport. Bookmakers factor in reputation because they know punters do the same!
CHOICE BETWEEN TAKING YES & NO - TAKE NO!
The average punter wants to bet yes! Take football, betting over 2.5 goals is often favoured in preference to under 2.5 goals. Bookmakers know this, and they make odds around this.
Did you know professional punters bet the opposite, betting against the flow is lucrative.
It’s the same with point spreads. When a NFL game should have a totals line of 46 points, bookmakers will likely have a line +/-47. They rightly assume the betting public will want to bet overs, so factoring in bias offsets risk.
In the free tip section of our site, you will often (68%) see we pick the under line in US sports (total points). Furthermore, we often (62%) side with the ‘’dog’’ (outsider) to win with a handicap start.
MIDDLING (Betting the middle)
What is a middle?
Bookmaker A is offering Kansas City Chiefs (-6.5) and Tennessee Titans (+6.5). While bookmaker B is Kansas City Chiefs (-7.5) and Tennessee Titans (+7.5). In this situation the middle is 7 points!
Traditionally speaking, Vegas bookmakers offer odds -110 (US) 10/11 (Fraction) 1.91 on both sides of the bet. By betting Kansas City Chiefs -6.5 and Tennessee Titans with +7.5, you could win both bets. For that to happen the City Chiefs will need to win by exactly 7 points!
Example of bet:
1100 to win 1000 (10/11) Kansas City Chiefs -6.5
1100 to win 1000 (10/11) Tennessee Titans +7.5
Total stake 2200
Return min. 2100 (guaranteed one bet will win)
In this situation the total risk to the bettor is 100!
If landing in the middle (7 points), both bets win. In this case the maths look like this..
Return 4200 (2100*2)
Total bet 2200 (1100*2)
If the middle wins your risk was 100, and the profit 2000.
The odds created by making this bet are 21.0 (decimal) 20/1 (fraction) +2000 (US).
The chances of landing on a 7 point spread in such a situation are around 15.4%, in odds terms 6.5 (11/2 +550). Hopefully you can see the value in getting 20/1 on a 11/2 chance!
Betting a middle on the odds is nothing other than a glorified arbitrage. If you can find a bookmaker offering 2.05/1.85, and another doing the opposite 1.85/2.05 you can bet both teams at 2.05. This guarantees a profit of 5 from 200 bet!
BETTING OFF MARKET ODDS
This strategy is very simple to explain. If you see a bookmaker standing-out with any odds (notably better than the collective market price) take it.
For example, most bookmakers are offering 1.80 to 1.85 about Tennis play A, and the odds comparison average is 1.83. On the betting exchanges the best odds are 1.86, but you see a bookmaker offering 2.00 ———— It’s a no brainer, TAKE IT!
In fact, that bet becomes a consideration at anything above the ‘’lay odds’’ on the betting exchanges!
The odds being offered are real and not a misprint. If the bookmaker makes a typo, they are covered by the Palpable error rule. Just saying, if you see a 5.0 chance being offered at 50.0, chances are it’s a misprint and bets will be void!
We haven’t mentioned bonus abuse, it’s another viable option to get ahead. As you progress with betting knowledge, plenty of other strategies become available. Most important to understand, betting is all about getting the odds in your favour!
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