Soccer Betting Advice & Outlined Strategies – Betting Tips
First of all, every single of your betting strategies must be created in line with a plan. Once you deposit into your account, you should never have to add more to it.
RULE #1: Consistent and profitable soccer bettors never invest more than 1-2% of their bankroll per wager.
Bankroll management is what separates the casual bettors from serious soccer sports investors. Often those that like to place a bet every now and again will disregard the idea of a bankroll, deposit $x there and then and use it all on a single wager.
If that bet loses, the process repeats until they can’t afford to make any more bets.
Ensure that you have money set aside specifically for soccer betting. Only invest between 1-2% of it per bet and you will never need to worry about depositing again.
Increasing Bet Sizes
Once your bankroll starts to grow, your bet sizes need to scale up with it. Here’s an example:
Assume that you deposit $10,000+ into your betting account. At the start, you would invest $100 per play.
After a month, your bankroll is now sitting at $11,000. The next step is to increase your bet size to $110. This is still 1% of your bankroll but allows you to make bigger bets, meaning bigger profits, but still managed correctly.
Into the next month and your bankroll sits at $12,100. Your bet size can now increase to $121 per bet. Again, this is still only 1% of your bankroll but notice how after only two months, you are able to stake $20 more per bet than when you first started.
The next step to building a soccer betting strategy is by looking to find value. You need to understand the relationship between the chance of a team winning and the betting odds available.
It doesn’t matter if the bet wins or loses. If the odds are way higher than they should be, there is great value in that bet.
Making value bets, no matter how uncomfortable you may feel about betting on improbabilities, is the key to long-term success in sports betting.
Profitable soccer betting systemsare based on statistics. More data is recorded in sports matches than ever before which leads to more accurate and reliable betting systems.
However, the key is knowing what statistics are important and which ones to ignore. Remember, while data is great for sports bettors, sportsbooks also have access to the same information.
The reason why most soccer bettors lose in the long run is that cannot use this information correctly. If you want to become a successful sports bettor, avoid the things that the rest are doing.
Collect as much data as possible, store it in a spreadsheet and analyse any trends you find to create unique theories. The more unique, the better as you will found an edge over the sportsbooks AND big bettors that influence the betting lines.
Think of trend analysis as an equation:
if x = this and y = that, then z happens.
Never worry about how much data you collect as there’s no such thing as too much information when it comes to sports betting.
Once you have developed a number of betting strategies, you should then backtest them to see if you are on to something.
Back-testing is developing a system and testing it against the results of past matches. If your system shows that it can beat results from previous seasons, it may have a good chance of working.
However, just because it looks like it would have worked in previous seasons doesn’t guarantee it’ll work now. Sportsbooks are always updating their own strategies to update their betting lines so something that may have profited in the past won’t make as much money now.
Another thing to be wary of when back-testing is how far back you go. You need to backtest against at least two or three seasons before a connection can be made.
But don’t go too far back either. The game itself has evolved from even the 2000s so it’s pointless testing a soccer strategy in this period.