Why is it so hard to win sports bets?
Let’s face it, sports betting isn’t always easy. If it was, then sportsbooks would go out of business as everyone would win their bets. However, there are numerous things that stop you from winning every bet that you put down.
First of all, sports betting relies on you making accurate predictions. No one knows the future and there are so many variables that could upset even the best prediction. From the actions of players, coaches and even the weather, it’s a wonder that anyone actually manages to win a bet.
Plus it’s worth noting that sportsbooks will keep things tilted in their favor. This is done through something known as a betting margin or a ‘vig’. Here it means that the odds will be set in a way to ensure that the sportsbook can stay in business regardless of how many bettors win or lose their bets.
While all of the above may make it look impossible for you to win your sports bets, here are a few tactics you can follow to get a better track record of winning when betting on sport.
Do lots of research
It may sound obvious, but there is truly no excuse for not doing plenty of research before putting down your bets. This is because you’ll need to know how a team has been doing in the past in order to make an accurate prediction for what could happen in the future.
As a result, you should analyze how each of the relevant teams have been performing over the past few games. Plus make a note of any significant histories between the competitors such as the head-to-head records.
We also like to examine whether there have been any significant injuries or suspensions to any key players, and obviously it never hurts to take a look at any rumors coming out of the locker room. Such research may not help you win every bet you put down, but it should get you most of the way there.
Betting on the favorites
There’s no shame in betting on the favorites. Sure, you might not get much in the way of a return from the short odds, but at least you’ll win your bets. After all, a small return from a winning bet is better than no return from a losing bet.
Obviously there is every chance that the favorite might lose which is why you should always wager with small stakes. Sports history is littered with examples of outright favorites suffering a massive upset and you should always be aware of this possibility. But on the whole, if you want to win your sports bets, you’ll have a much better chance by backing the favorites. Plus you can even load your parlay bet with favorites and still have a fair chance of winning.
We should note the fact that sportsbooks sometimes get their odds wrong. This is known as being a value bet and it gives you the chance to swoop in and take advantage of the better-than-average odds to get a little extra value from your bets. Such value bets often appear early on when a sportsbook has just put on its odds and hasn’t had a chance to adjust them to the market. A great way to get a little extra value when backing the favorite.
Finding the shortest odds
It’s also a good idea to examine all of the different betting lines that a sportsbook has for a sporting encounter. This is because it might be a game that has two equally-matched opponents that would make it much harder to predict who’s going to win.
So you could see what alternative betting lines give you shorter odds. It could be something as easy as whether there will be 20 or more points scored in an NFL game or whether LeBron James will score at least one point in his next NBA game. Again, your returns might not be too much, but at least you’ll be winning your bets!
The 1.01 betting strategy
If you’re desperate to win your sports bets, then you should definitely try the 1.01 betting strategy. This is where you only bet on the shortest betting odds which are 1.01 in decimal form or -10,000 in the American odds format.
These odds are such a sure thing that they are usually only found in the dying stages of a live betting event and you’ll have to put lots of these bets down to get anything back from this strategy. Still, it’s a good option if you can’t stand the thought of losing!
Finally we should note that the best way to bet on sport is to realize that losing your bets is bound to happen sooner or later and you should prepare for this accordingly. This is why most experienced bettors will set a sensible budget so that they don’t wager more than they’d mean to.
Setting a budget means that you can sustain that inevitable loss and then come back another day to try and get that win. After all, you’ll have little chance of getting that next win if you’ve just had your bankroll wiped out by putting down too large a bet!
Conclusion - Check back for more on how to win sports betting
We realize that no one is going to win every sports bet that they put down, but you can certainly make things easier if you follow the above tips. From selecting the lowest odds to using the available betting lines, there are plenty of things you can do to raise your chances of success.
Plus there are plenty of cool strategies like hunting down value bets that can help you get a little more critical in how you approach sports betting. As long as you remember to do your research, bet responsibly and follow these tips, then we don’t see why you can’t win plenty more sports bets!
How to win sports betting FAQ
Read our guide to see how to win sports betting with some seriously easy bets. This means that you can approach anything from a game in the NFL and NBA to the MLB and NHL and know you’ve got a great chance of winning. It’s never been easier to bet on your favorite sport and win!
Make sure that you read our guide that shows you how to win sports betting with no risk. Not only will we reveal which kinds of bets you should be putting down, but you’ll get some advice about what to do about getting something back from wagering on some pretty low odds. All you need to make the most of risk-free sports betting!
While it’s good to know how to win while sports betting, there are lots of people who will also want to make a profit. So we’ve prepared a handy guide that quickly explains the best ways in which you can profit from betting on all sports including football. This means that you can simply read our guide and look forward to getting more back from bets on anything from football and basketball to hockey and baseball.
Be sure to check out our guide that reveals how to win sports betting each and every time. We’ll show you what kinds of odds you should be betting on and reveal some of the most common rookie mistakes people make when they first bet on sport. Don’t forget that we can answer more of your important questions like, ‘Can you make money betting on sports?’ and much more!
Parlay betting is great fun but it can also be pretty risky. So we’ve made sure that we included parlay bets in our guide that shows you how to win sports betting. This means that you’ll get to see how to win parlays for anything from the NFL to the NBA and beyond. All of which should show you how parlay bets can become one of the most profitable football betting options.