Sports Betting Tips in 2022 – How to Make More Successful BetsSports Betting Tips in 2022 – How to Make More Successful Bets
Every sports bettor is in the game to make money; so, making successful sports bets is his topmost priority. But can you be sure of 100% success each time? Sports’ betting is entertaining and relatively simple, and you can hope to get decent returns through it. But, as a beginner, you must not dive into betting right away. You need to know how to go about the process and learn the tips and tricks to make profitable bets. Here are some easy sports betting tips in 2022 that will stand you in good stead:
- It is important to have realistic goals/ targets that can be achieved. A bettor with some knowledge about a specific sport will get his predictions right at least a few times. But, there is a difference between making consistent wins and winning only a handful of bets.
- You should not get into sports betting in the hope of beating bookies. You need to have some knowledge about the sports you bet on and learn betting fundamentals. While basics alone cannot guarantee profits, they can make sure you don’t lose focus.
- You need to fix a budget and stick to a plan. Losing money is more of a possibility than winning in betting. So, you have to decide how much money you are willing to risk. Invest only an amount that you can afford to lose. Budgets can be for a week, month, or year.
- If you start spending excessively on betting, you may encounter many problems. You will be required to handle your funds carefully; for instance, living costs are your top priority. Betting can be done with extra or disposable income, but not otherwise. Following a staking plan helps because it highlights the rules that helps you identify how much you should stake in every bet. It enables you to take better betting decisions and prevents unprecedented losses.
- You must be able to choose the right betting opportunities instead of betting on anything that appears appealing. Today, you can bet on almost any sport, event, game, or league. Being selective helps save money; placing unlimited wagers will lead to more losses. Similarly, you need to decide how many bets you will place within a single game. While every NFL game offers multiple betting opportunities, you cannot wager on everything.
- When you bet online you can enjoy many advantages; the most important being you get to choose from many websites. Make sure to choose sites that are reputed and trustworthy. Here at the bonus wettanbieter blog, you can find various reputable online bookmakers that offer the highest betting bonus for their players.
- Remember to use rewards and bonuses offered by sportsbooks to your advantage. When you sign up with many sites, you can compare the lines and odds, and place wagers accordingly. With more sites, the chances of enjoying bonuses are more. Almost all betting sites offer free bets and bonuses to new users.
- You need to understand what value means to make successful bets. It is a straightforward concept which assesses the relation between odds and probability of the event actually happening. If odds are higher it means the selection has an expected positive value.
- Beginners typically overlook the importance of knowing popular betting strategies. However, knowledge of these can go a long way in making good bets. Besides, keeping records of betting helps you to learn from your mistakes.
There is no one-size-fits-all approach in betting, research and experiment with strategies to know more.
Sports Betting Terms: A Glossary for New Sports Bettors
Are you a rookie in sports betting? If so, the terms used by bettors can be a tad confusing. The best way to be prepared is to know what the basic terms of sports betting are and what they mean. If you want to start betting right away, check out fairbettingsites.co.uk, which offers betting sites with the best odds, a huge range of sports markets, and significant bonuses. Here are some of the most commonly-used terms in sports betting that you should know:
- Action: refers to any kind of wager
- Against the spread: refers to paying points or spread as against taking games straight up
- Arbitrage: the simultaneous buy and sale of one game in different markets with an aim to make profits from the price differences.
- Alternate lines: some sportsbooks may offer different/alternate spreads which will offer odds for the same games.
- American odds: these are moneyline odds displayed as + or – signs against a number.
- Bankroll: the total amount a bettor has for placing bets.
- Beard: someone placing a wager on behalf of someone else that wants to stay unknown.
- Betting exchange: a platform where you can place wagers against each other instead of a sportsbook.
- Betting unit: amount of any wager.
- Bonus: offered by sportsbooks as financial incentives for customers.
- Chalk: the favored team
- Contrarian betting: when you bet against the people
- Cover: in basketball or football, a bettor will win his bet if he can cover point spread.
- Dead heat: suggest the finishing position has a tie; sportsbooks will have different rules regarding how payouts will be made if this happens.
- Decimal odds: called European odds and refers to another way of presenting odds in European sportsbooks.
- Dime: $1000 bet
- Dog: refers to the underdog, or the team which is expected to lose a game
- Edge: refers to the bettor’s advantage over the house.
- Exotic wager: non-traditional sports bets listed as prop bets
- Expected Value: calculations used by bettors for deciding whether a bet will win/lose over time.
- Favorites: the team which bookies are confident will win a match
- Field: bettors can bet the field in prop bets; refers to accumulation of players/teams not specifically listed.
- First half: derivative bet which can be placed on a game which has two halves, like football.
- Fixed odds: these are most common; once wagers are placed, the odds will not change.
- Flat betting: where all the wagers are identical and bettors do not change wagers according to wins or losses.
- Grand salami: hockey bet where wager is under/over on the number of goals made by teams on a day
- Handicapper: someone analyzing sports events for predicting the winner
- Handle: money which sportsbooks take from wagers
- Hedging: a strategy used by bettors for reducing risks or to guarantee profits from wagering
- Juice: tax which sportsbooks create to place wagers
- Layoff: when bookmakers reduce risks of losing bets by placing bets with other sportsbooks.
- Live betting: placing bets when a game is happening
- Margin: a wager in which bettors choose a team will win/lose by some points regardless of point spread
- Matched bet: when bettors use free bets from operators to heighten potential profits
- Novelty bet: placing bets on non-sporting events using a sportsbook
- Off the board: when sportbooks stop accepting wagers on an event and remove gaming odds
- Parlay: multiple bets made by bettors for higher payouts
- Prop bet: betting on anything outside the game’s outcome
- Reverse Line Movement: when a point spread moves differently from money wagered on that event
- Straight Up: when any team wins/loses a match
- Tout: someone who hands out sports betting picks
These are some of the many terms which a new bettor should learn to make informed decisions.