Sports Betting Strategy
One of the biggest mistakes sports bettors make when they start betting is to jump right into the fire with little knowledge. Not only will they likely lose money, but it may also sour their experience, and they may decide not to continue betting on sports.
However, almost everyone starts betting sports in the amateur stage. As an advanced bettor, it’s easy to look back and laugh at your first foray into sports betting, where most of us, were almost certainly one of the “bar stool pundits” that the sportsbooks profit off every single day.
It’s breaking that mold that allows bettors to prosper. In today’s age, the internet and the advancement of statistics has allowed us the ability to study sports betting like never before. Heck, with the advent of online sportsbooks, you can become a profitable bettor from anywhere in the world, and you don’t even need to leave your house!
Best Sports Betting Sites 2017
Our goal at Safest Sports Betting is to provide bettors with an extensive resource of sports betting knowledge for the beginner, intermediate and advanced sports gamblers. We aim to be the best portal on the web and will be continually updating our content with the most up-to-date information and strategies.
Our strategy content will be listed below, but before you start reading our strategy content, we’re going to start off with three important tips that everyone needs to follow if they want to become profitable bettors.
Sports Betting Strategy Articles
Essentials Before Betting on Sports
Betting on Popular Sports
Basic Sports Betting Strategies
Advanced Betting Strategies
Managing Your Money
Betting on Popular Sports
Don’t Get Your Advice from the Sports Media
There’s certainly a place for ESPN and other media outlets when it comes to sports news and opinion, but these guys should not be relied on for betting advice.
First and foremost, their goal is to drive ratings for television or views in the case of online sites or blogs. The more outlandish and over the top they are with their predictions or opinions – the more people will pay attention to them.
They’re also generally not making predictions based on the point spread or factoring in line movement. Even if they giving out their picks via the point spread, this doesn’t validate their analysis.
Some in the mainstream sports media are coming around to the fact that the oddsmakers know the game better than the pundits, (it’s about time) but realizing this fact doesn’t make them sports betting authorities.
Most of what these guys have to say is simply noise. It’s distracting and mostly useless. That isn’t to say you should use them for injury updates and player news, (local beat writers are particularly valuable) but don’t consider them a valuable source for anything betting related.
Getting the Best Odds Is the Most Important Thing
I can’t put it much simpler than that. If you can manage to beat the market price on most of your bets – you will be profitable.
Beating the bookmakers at its core is about finding inefficient markets. Whether that is a point spread in an NFL game, a proposition wager on in basketball or even wagering on a WNBA total – if you’re getting the best odds and beating the market, you’re ahead of the vast majority of sports bettors.
We go deeper into this subject, most notably our line shopping strategy article, but it’s so vital to winning at sports betting that it bears mentioning here. Make it a point to find the best price available when wagering. It can easily be the difference between a winning and losing year betting sports and save you money every time you place a bet.
Adopt a Bankroll Strategy
This is another huge pitfall that bites many sports bettors. Even the most talented handicappers and adamant line shoppers may forgo a bankroll management strategy.
If you’re a profitable bettor, the worst-case scenario is being out of action. As a sports bettor, money is your tool of the trade. Without funds to bet with, you’re like a carpenter going to work without his hammer and nails. Protecting your bankroll and ability to make money is of the utmost importance.
How do you do this? Adopt a bankroll strategy and stick to it. In our bankroll management article, we will cover several options for managing your bankroll. Some are more aggressive than others, but give bettors a positive expected value and minimize the risk of ruin.
Sports Betting Calculators
Sports betting calculators can help bettors in several ways. They allow them to verify wagers that are graded by online sportsbooks. They also let them dissect betting markets by gauging the vigorish and determining their value. Our betting calculator and odds converter allows bettors to convert odds types and assess bet payouts instantly.
Odds Converter – The odds converter allows you to compare odds types to be sure of what odds you’re placing your bet. Our converter is also a bet calculator and converts decimal, fractional, American, Hong Kong, Indonesian, and Malaysian odds types, along with implied probability.
No-Vig Calculator – Use this calculator to calculate no-vig odds and probabilities. Excellent for comparing prices between sportsbooks when line shopping.
Calculate the bookmaker’s vigorish on each bet and the true win probability.