If you think that betting is easy, you’re mistaken. You need to come a long way to become a successful bettor. Like everything in our life, betting need to be smart and rational. Smart betting – requires deep theoretical knowledge and practical skills. Furthermore, you need to love what you’re doing.
How to make profitable stakes
Any bookmaker website offers thousands of outcomes for bettors to choose from. Such a huge choice can be advantageous and confusing at the same time. When on a bookmaker website, an average bettor looks for matches with their favourite team or local competitions. What events are the best to wager on?
The golden rule is to wager on sporting events you’re familiar with. For instance, if you like hockey, the best option is to wager on NFL games. Don’t fall for overly complex, risky stakes consisting of several outcomes: you need to be a very skilled gambler to get them right. Ordinary NFL bets are safer and offer higher winning chances.
Avoid random stakes
Betting on random events a big mistake. Only pick sports and parameters you have information on. While relying on your gut feeling is sometimes a good thing, it’s accurate data and your analyzing skills that lead you to success.
Analyze bookmaker odds
Once you’ve picked an event to wager on, find out what odds bookmakers offer on your selected outcome. If you’re not satisfied with what you’re offered, try to find better options. On the other hand, odds are not the only factor you should focus on when choosing a sporting event. After all, high odds come with high risks. You need to learn to analyze bookmaker odds, i.e. figure out whether they’re consistent with reality and your own expectations.
Statistics matter
While statistical data are of great help in making predictions, you shouldn’t overestimate its importance. When it comes to analyzing the current physical and emotional condition of teams and athletes, statistics are useless.
There is one more important thing to understand: although the easiest option, betting on favorites is far from being profitable. Betting websites inflate the favorite’s winning chances which results in low odds. This is true for both NHL matches and other sporting competitions.
