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How to improve your success rate when betting online

From Craig Martin: November 2017

Why is sports betting so universally popular? Well, it is simple to do, enjoyable, and it gives punters a chance to make a little bit of extra money! Beginners should not dive into making real money wagers immediately, however. As simple as sports betting is, getting everything done correctly is a little more complicated than people may think.

If you have the correct approach however, you can be sure that you will have a good time, every time.

Placing solid bets comes with practice, and the more research you do, the more attention you pay to the odds, and the more knowledge you have about your chosen market, the better. Use these tips to maximise your winning potential when wagering at any of the NZ betting sites available online, or at any sportsbooks across the globe.

Set Achievable Objectives for Yourself

Winning wagers when it comes to sports betting is not an overly difficult task; especially if you get good odds at the best betting sites. Anyone who is even slightly knowledgeable about a sport is can be expected to make accurate predictions every so often. However, winning a few wagers and winning frequently enough to see a profit are two different matters, and we are here to see you through the latter!

Set yourself an achievable objective right from the get-go -you are not going to become an instant millionaire, but you may well see a little boost to your bankroll.

Learn the Basics of Sports Betting

Learning the fundamentals of sports betting before you put any money down will see you in a far better position to enjoy the whole process. Understanding how odds work, what the theory of probability means, and how injuries and other team changes affect a bet are an essential. The basics alone will not be enough to see you make an overall profit right away, but having a grasp of these will ensure that you are on the right track.

Set Up a Betting Budget and Use a Staking Plan

This is probably the most important piece of advice we have: regardless of how much money you have available for sports betting, or what the short- or long-term goals you have set are, you must set a budget. Bear in mind that losing money is a far more likely outcome than winning it is, and you need to have a clear idea of how much you are able to risk. You can set up a daily budget, one for a weekly cap on your spending, a monthly limit on your betting, or even an annual one. Some people simply put a lump-sum aide with no timescale attached at all! The details of your budget are entirely up to you; just ensure that it is set at an amount you can afford, and that it is possible for you to stay within its limits.

Take Breaks from Your Betting

Sports betting needs to remain fun, even if you are looking to, ultimately, make some money off it. Don't let it become a stress, or a chore, by taking regular breaks. This will ensure it stays enjoyable, and will see returning refreshed and with a fresh perspective that will go a long way towards making better betting decisions!



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  Disclaimer: This site covers various aspects of horseracing in Australia. We provide betting tips, online gambling strategy and links to many thoroughbred sites. OZmium Pty Ltd is not responsible for the content of the links and also accepts no liability for financial loss or misadventure caused by the information provided here. We strongly recommend you bet within your budget and only with money you are prepared to risk.