How To Win Betting On Sports? An In-Depth Guide On How To Become Consistently Profitable In Sports Betting

Strategies To Help You Win When Sports Betting

Winning in sports betting can be difficult at the best of times. This is because sports can be so unpredictable, making it hard to bet and turn a profit.

One way bettors can become more successful at sports betting is by implementing strategies and following some essential blueprints to help.

Here are our seven top strategies to implement for more profitable sports betting.

1. Be Disciplined and Selective

One of the most essential strategies for making consistent wins when betting on sports is to be disciplined. This can be tough, but it pays off in the long run.

Being selective about the games and events that you want to bet on in different sports is vital. Base your choices on solid reasoning, research, and analysis. This way, you avoid betting on everything and anything. Focus on a sport or market that suits you best. Similarly, common wagers like betting on the underdog, straight moneyline bets, or spread betting can be more rewarding than complex, exotic bets.

Discipline also helps you avoid chasing losses. A loss doesn’t mean your strategy is wrong. Losses are part of the journey. What matters is how you react to them. Stay disciplined and stick to your sports betting plan.

2. Be Comfortable With Losing

Losing is inevitable in betting, whether it’s sports betting, casino games, or any other type of wagering. Accepting losses and not chasing them will help you become a more successful sports bettor.

Only bet what you can afford to lose. This means being prepared to lose that amount without getting reckless if the bet doesn’t work out.

If you lose a few bets, it doesn’t mean you need to make up for them immediately. A common mistake is chasing losses with bigger stakes or betting on events you’re not familiar with. Avoid this at all costs. Be comfortable with losing and stick to your strategy.

3. Set Your Bankroll & Stick to It

Setting your bankroll from the get-go is another wise strategy for becoming a profitable sports bettor. Conducting in-depth research about bankrolls and money management is key. This will help you control your stakes and limit losses during a bad run.

As a general rule of thumb, a good place to start would be betting between 1-5% of your starting bankroll. As your bankroll increases with wins, you can increase your stakes. Sticking to this magic 1-5% range will help you keep your bets manageable, whether you win or lose.

Another tip on how to win on sports betting, in conjunction with your bankroll, is using a ‘bet strength’ points system. Rate each bet on a scale of 1-5 based on how strongly you feel about it. The stronger you fancy a bet, the higher the number on this scale. This method helps you manage your bankroll more effectively.

4. Research Your Bets And Focus On Just a Few Sports

Research, research, research. It is absolutely paramount to do extensive analysis and thorough investigation before placing your bets. This is a vital component when it comes to winning at sports betting.

Focus your extensive research on just a few sports that you’re very familiar with. Why would you risk placing bets on sports and markets you know less about? Are you sure this Mongolian discus thrower is going to break the national record? – I doubt it, so stick to what you know and feel comfortable with.

Don’t try to be a jack of all trades. Blanket betting on all sports is tricky and will rarely result in overall profits. But focusing on a few sports and becoming more of an expert can help with winning at sports betting.

All of the best online sportsbooks provide hundreds of markets across various sports. To win at sports betting, focus on just a couple of these markets, narrowing your expertise down to just a few bet types.

If you do your research into the sport, team news, injury updates, head-to-head records, the weather, and any other factors, then you will give yourself the best chance of winning at sports betting. Doing key research can help find different angles to attack when incorporating a successful betting strategy.

5. Record Your Bets and Results

Keeping records of your bets and recording results can be very helpful when it comes to sports betting. Why? Well, it means you can quickly highlight any areas you are strong/weak at, helping identify any areas that need tweaking.

Not only that, but all of the best betting experts, tipsters, and pundits do the same. If you are looking out for their tips, you can guarantee that they are recording them in their own spreadsheet. You should do the same.

All of the best sports betting experts have their records and results listed. This backs up their reliability, so you should contemplate doing it yourself. For more information on building a successful sports betting model, see the link.

6. Hunt For Value Betting Lines and Shop Around

Just betting on the first price you see or the most popular markets isn’t always the best port of call when sports betting. Shopping around for the best price, comparing the value lines, and hunting for less popular markets can all help you win at sports betting.

The more sportsbooks you use, the better. This makes it far easier to place bets and quickly find better prices. For example, why take +400 on a bet when another sportsbook offers +450?

Seeking value and shopping around for the best price is a key strategy. The example shown in the image below illustrates how the same bet is priced differently at two different sportsbooks. Jamie Munguia’s odds to beat Saul ‘Canelo’ Alvarez are far better at BetUS (+425) than they are at BetOnline (+375).

Placing the same bet on Munguia to win at each of these two sportsbooks will return different winnings. A $100 bet on Munguia with BetUS would return $525 (including stake), whereas the same bet on Munguia to win with BetOnline would return just $475 (including stake).

This emphasizes our point on shopping around for the best price and hunting for value betting lines.

7. Don’t Be Afraid To Hedge, Dutch Or Cash-Out Sports Bets

If you are hedging your bets, you are placing additional wagers after your first bet to mitigate losses or secure guaranteed profits. It’s a way to reduce potential losses.

Dutching simply means backing more than one outcome in the same event, as opposed to just one. The main aim of Dutch betting and backing multiple outcomes in one event is to guarantee a profit by having one of your chosen outcomes win.

Cash-out betting lets you settle an open bet for a value determined at the time of cashing out, which can be higher or lower than your stake. This is a great way to secure a profit before the game or event finishes.

Using these three strategies can be very helpful in sports betting. If your initial bet looks strong, you can lock in profits. If it isn’t going as planned, you can cut losses and limit the damage.

Even if it means taking a slight loss, considering the cash-out, dutch, and hedge options can be important strategies for winning at sports betting.

How it works: Look for opportunities to bet on the home team, especially against teams with weaker away records or those traveling long distances. This doesn’t guarantee success, but it can be a helpful strategy.

How it works: Stay updated on injury reports for both teams leading up to the game. If a star player is injured or a key player can’t play, it might create value bets on the sportsbook. Oddsmakers may not fully account for the impact of injuries, providing an edge for bettors who do their research.

How it works: Pay close attention to divisional matchups, especially when one team has a solid recent record against the other. Historical trends in these games can provide insights into potential outcomes. These games often feature tighter point spreads and can be influenced by emotions and rivalry dynamics.

How it works: For example, if the Toronto Maple Leafs are getting a lot of support from the public, the odds on their opponent may become more favorable. By fading the public, you wager on the opponent, hoping to capitalize on the inflated odds on the less popular team.

How it works: If the New York Rangers are playing two nights in a row and are facing a well-rested Washington Capitals side, the Rangers players may be fatigued, potentially affecting their performance. Betting on the Capitals via the puck line or moneyline in this scenario could give you an edge.

How it works: Suppose the Edmonton Oilers have a top power-play unit, and they’re competing against a side with a poor penalty kill. In this case, betting on the Oilers may be a good wager, as their special teams could make a big impact on the game’s outcome.

How it works: For example, if the Los Angeles Lakers are favored by 5.5 points against the Miami Heat. Here, you can wager on whether the Lakers will win by 6 or more points, or if the Heat will manage to keep the game within 5 points or win outright.

How it works: Imagine the Golden State Warriors are slow off the blocks in a game, but they improve their performance in the second half. You can place a live bet on them to come back and cover the spread or win. This strategy lets you use real-time game action to inform betting decisions and take advantage of drifting odds, especially when a perceived favorite goes behind.

How it works: For instance, if you know LeBron James usually scores big against a particular team, you may back him to score over a certain number of points. By wagering on player props, you get a variety of betting options that are not available in regular game gambling.

How it works: For example, if a top pitcher like Max Scherzer is starting and boasts a good record against the opposing team, betting on his team to win will be a smart choice. Knowing how pitchers match up against hitters can help you make better betting decisions.

How it works: Imagine the New York Yankees have a strong pitcher and are competing against a weaker team. In such a situation, betting on the Yankees by more than one run can offer better odds and payout than a simple moneyline bet. In contrast, wagering on the underdog to keep the game close with a +1.5 wager on the run line can bring profits if you anticipate a tight game.

How it works: If a team like the Atlanta Braves is on a winning run and in strong momentum, betting on them to keep winning may be a good move. Similarly, if a team has been losing games but is due for a return to winning ways, betting on them to end their streak can be rewarding. Check team momentum and streaks to help you spot these opportunities.

How it works: For example, imagine Manchester United is facing Arsenal, and both sides are known to play attacking soccer, but they have shaky defenses. In this case, betting on BTTS could be a good option. The idea is to focus on games where both teams are likely to find the back of the net.

How it works: If two high-scoring teams with free-scoring attackers are playing, betting on “Over” 2.5 goals may be wise, as you expect more than three or more goals in the match. Meanwhile, if two defensive teams are competing, the “Under” 2.5 goals could be the better option.

How it works: For instance, if Novak Djokovic is competing against a lesser-known player in the first round, betting on him to win should be a good bet since upsets are less common early in tournaments.

How it works: For example, Rafael Nadal is known for being dominant on clay courts. Wagering on the Spaniard in a clay tournament like the French Open will be a smart move.

How it works: For example, if Rory McIlroy often secures a finish near the top but doesn’t always win because Scottie Scheffler exists. In this case, you can bet on McIllroy to finish in the top 10, as it’s a safer bet. This way, your bet will still pay if he doesn’t come in first place.

How it works: If you think Tiger Woods will have a better round than Phil Mickelson, you can bet on Tiger in a head-to-head matchup. This strategy makes golf betting simple since you’re focusing on just two players.

How it works: If a horse has a record of performing well on wet tracks, and the track is wet, betting on the horse can be a good choice.

How it works: If you think certain horses will place in the top sports, wagering an exacta or trifecta bet can be a great option. Although this strategy can be more lucrative, it’s often harder to predict.