Betting Strategies for Major Sports Events – How to Make Safe Bets
We’ve prepared you Betting Strategies for Major Sports Events! First of all, a few forms of gambling give you the likelihood to make long-term profits. That’s what makes sports betting remarkable because you can earn money in the long run.
An additional benefit is that supporters can watch the games with their money on the line. Of course, it’s a great deal of fun viewing the games when your bets win. And to boost your chances of winning, you need some practical tactics.
Table of content:
- Betting Strategies for Major Sports Events – How to Make Safe Bets
- 1. Concentrate on One team
- 2. Fade the Public
- 3. Only bet 1 to 2% of Your Bankroll
- 4. Use Tools To Develop Advanced Strategies
- 5. Know Statistics Behind the Weather
- Conclusion – Betting Strategies for Major Sports Events
1. Concentrate on One team
You’ll find tons of betting lines across different sports on any given day. With so much diverse array, it’s easy to get sunk into placing multiple bets on various teams.
This is all right if you’re a light-hearted bettor with a big bankroll. But it doesn’t give you a real way to discover all you need to make an intelligent bet.
If you are a new or an intermediate punter, I strongly recommend that you concentrate on one team and one sport. This allows you to gain in-depth knowledge of the team and lessens the time you have to invest in analyzing each match.
Effective ways of implementing this strategic plan include DVR games from your favorite team, observing them closely for players, and coaching trends. All you have to do is pick up some discreet propensities to gain an advantage over the average bettor.
If you enjoy sports betting, then chose a new team in a new sport whenever the season is over. But once you pick a team and a sport, stick with them all through the season.
Advantages of Concentrating on a Team
If you already learned a bunch about one team, you could devote considerable time researching the other half of the match.
Another added value is that you’ll gain a better understanding that most bettors won’t have into the match. Yes, of course, this insight isn’t always going to result in a win, but it will offer you an additional long-term benefit.
Disadvantages of Concentrating on One Team
While winning profits are satisfying, sticking with one team throughout the season is not. If you’re into sports betting, the desire to waver is going to be great.
Another drawback is that you’ll miss juicy lines involving other sports/teams if you concentrate on a single team.
The long-term benefit outweighs this drawback, but it’s still difficult to keep you from overthinking about missed lines.
2. Fade the Public
This strategy is simple because you only need to play against the public.
The idea behind this is that sportsbooks shade lines to represent what they assume the crowd will do. After all, a sportsbook’s primary aim is to set lines that draw 50/50 action – not forecast game outcomes.
This results in some soft lines, where you’re going to get an edge if you’re going against the public. But how do you figure out which team the public is supporting?
Since sportsbooks don’t report on betting trends, this needs some guesswork.
Good ways to work out how to bet the public means asking yourself:
- 1st-Is there a perpetual champion, like New England Patriots, New York Yankees, San Antonio Spurs, Pittsburgh Steelers, or Golden State Warriors? Lone-time successful franchises are drawing more betting activity.
- 2nd-Is a loyal fan base team involved? Philadelphia Eagles, Green Bay Packers, New York Knicks, and Boston Red Sox are more inclined to bet on their favorite players.
- 3rd-Does a team has a star player who attracts a lot of attention? To Love or hate it, players like Russell Westbrook of the Oklahoma City Thunder, Aaron Rodgers of the Packers, Clayton Kershaw of the L.A. Dodgers, LeBron James of the Cleveland Cavaliers, and Alex Ovechkin of the Washington Capitals draw attention and punters.
- 4th-Does the team has disproportionate sports coverage? If you’re looking at ESPN, you can easily spot these clubs.
- 5th-The trick is to search for matchups where you believe the public prejudice is influencing the betting action and then taking a bet in the opposite direction.
Advantages of Fading the Public
If you don’t want to waste hours studying games and reviewing numbers, it’s a perfect tactic to fade the audience.
All you need to do is look for big-market teams, perennial champions, clubs with tough fans, and major superstars to get started. And you can make some money if you’re good at spotting teams overvalued on the lines for the sake of the public.
Disadvantages of Fading the Public
The benefit of fading the public is also the main disadvantage: it’s too easy. Anyone may use this technique, which gives rise to the idea that everybody will do it if it works.
This is not to suggest that there is no expertise involved in fading the public because, with this technique, sharp or professional bettors have made a fortune.
But if you feel you’re going to retire early only because you’re betting against the Yankees every time, then you’re going to be seriously disappointed.
Another downside is that online sportsbooks have tools in place to identify bettors who fade to the public. If a sportsbook thinks that you are a sharp individual who fades to the public, they can either refuse to represent you or even withdraw your winnings if they are subject to terms and conditions.
3. Only bet 1 to 2% of Your Bankroll
Many low-stakes sports betting players place a significant portion of their bankrolls in each bet. The reason is that they don’t make very large wagers, so they’re not as worried about losing money.
But if you want to take your sports betting to the next stage, you can restrict the amount you spend on each competition. The explanation is that sports betting is a streaky operation, and even the best one is going through a long loss of streaks.
Skilled bettors bet just 1 to 2 percent of their bankroll in each game, which decreases their chance of disaster significantly.
However, what if you have a bankroll of $200?
In this case, you may need to bet $5 to $10 per contest to make the minimum bet. But even in this situation, you lose just 2.5 to 5.0 percent of your bankroll, which would also lower your risk of ruin.
Advantages of Betting 1 to 2% of Your Bankroll
If you have a bankroll of at least $1,000, then the rewards of wagering just 1-2 percent per game are enormous.
Given you have good wagering skills and get a job done, you’re more likely to make money with this conservative approach.
Another advantage is that you don’t have to worry about games when you stake 2% or less of your bank balance. By comparison, betting 25% or more creates a lot more tension when the game/line isn’t heading your way.
Disadvantages of Betting 1 to 2% of Your Bankroll
The biggest issue here is that the typical bettor does not have $1k lying around to bet on sports. This makes it hard to be conservative because 1 to 2 percent of your bankroll would either fall short of the lowest possible bet or result in an insignificant amount of profit when you win.
You would also find it incredibly difficult to stay disciplined and make some conservative bets. Top players can do this because their payouts pay bills, but what about when you don’t rely on your money?
4. Use Tools To Develop Advanced Strategies
You can buy apps from companies like Sports Insights and Swish Analytics to create your strategies.
These software applications are massive databases that contain categories such as opponent rank, what month/year they played in, conference team rank, team vs. team, money line range, and whether a particular team is a favorite/underdog.
By entering a range of parameters, you can see how teams compete against specific opponents and spot trends that the public doesn’t know about.
You will find free database calculators that offer you a reasonable number of choices on a simpler level. Here’s an example from football: you enter the Oakland Raiders vs. Denver Broncos, the last ten encounters, regular-season games, October games between these teams, the road games for the Broncos how Oakland played against Denver as a +3 to +7 favorite.
Once you have entered this detail, you can find out how much Denver has covered this spread range in the last ten encounters with the Raiders.
Advantages of Using Software
With all the sports betting resources available today, committed bettors to use databases and software programs to identify patterns and develop strategies.
Using these services is daunting at first because you have so much knowledge at your disposal. But if you play around with the tools and sort out the most important data, you can quickly get the stuff going.
With enough experience, you can see sophisticated trends that can give you a substantial advantage.
Disadvantages of Using Software
Although it’s helpful to have advanced statistics for sports, it doesn’t guarantee you a victory. Instead, you’re looking for a small stat that will increase your chances of winning.
Another disadvantage to using software is that it takes some fun out of sports betting.
Most punters get actively engaged because they plan to pick winners and watch the games from their sofa. Filtering through dozens of statistics available to garner a long term edge is the absolute opposite of this vision.
5. Know Statistics Behind the Weather
Look up sports betting tactics for five minutes, and you’re likely to get tips on testing weather forecasts.
The explanation is simple: you want to determine whether adverse weather conditions can slow down the offenses on the day of the game.
This is particularly helpful when you make total bets since severe weather has a definite effect on the score.
Advantages of Learning Weather Stats
Anyone can look at the weather forecast, which is why I also recommend that you look at deeper patterns.
Often weather patterns are hurled right in your face, such as when NFL.com published an article about how the completion percentages fell by 4 percent in the November and January games.
While this stat does not give you a guaranteed win, it’s useful to know if you’re placing bets on totals or a team that capitalizes on the passing game.
Disadvantages of Learning Weather Stats
Let me begin by saying that the weather is one of the most overhyped statistics of sports betting.
Sure, the attacks will be less productive when it’s raining, and the field is sloppy. The handicappers, however, take this knowledge into account when designing their lines.
This is not to suggest that you can’t gain a little advantage by looking at the weather beforehand, because some punters don’t do that. But don’t slip into the pit of thinking you’re smart because you look at the weather forecast.
Also, the advanced stats that we discussed above are not going to give you a massive advantage.
Conclusion – Betting Strategies for Major Sports Events
Now that you know all about the Betting Strategies for Major Sports Events, see Also: Things To Consider While Selecting Your Games In Sports Betting
