In simple, bookmakers make their money in two ways; dumb luck (last minute goals, red cards, bad refereeing decisions) and mistakes in ones gambling. This article is here to remove that second reason from you betting attitude Rajabandot.
There are many mistakes one can make in their betting life, the one I am going to adress today is the myth ‘money cant be made betting on the favourite’, this is blattantly wrong. Think about it, the bookmakers put the lowest odds on them, because they will most likely win. Nevertheless, people still beleive that putting $10 on hull to beat chelsea each week will come off eventually, and give them a big payout, granted they will win once in a while, but you wont make money! By then you will have lost so much, the profit if any will be tiny if you had followed the favourite, not blindly, still with research and without bias.
Research and thought are the key to any successful sports gambler. For instance, Manchester United may be favourites, but if one is to not think and simple bet by the names of the teams, one might miss, injuries, upcoming games, past schedules and thus the odds may trick them into losing a bet. So still be careful, put the time and effort into research your bets just like you would anything else.
So in essense, making returns of 40% on your bets consistantly, is a much better way of beating the bookie, than random unresearched stab in the dark bets that have you drooling at the thought of making $1000 from $5.
In my experience I have found my own research on games can be aided and complimented by a comparison with a cometent betting previews site.You probably know that there are plenty of websites offering free sports tips, but many are flawed or scams. Some will soon ask for a payment, others will simply consistently tip wrong.
Therefore, finding the right website can be hard, luckily they do exist and if followed, will help you beat the bookie and fatten your wallet. The first thing you should check on a website is whether they show the results of all their past tips, and whether they are successful. To make money they should have a successful tipping rate of at least 55% but anything over 65% is a great asset to follow. For example check out one of Australia’s top free tipping websites betting history.
A When you have found your successful free tips website like this, follow its tips for a few weeks and see if it makes profits. Still maintain the pattern of researching yourself, but it just makes sense to compare and maybe find mistakes in your research that successful tipping websites have found out.
So go on, dont be afraid to make money on the favourite.