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betting for beginners
Becoming a professional gambler is a task that requires a lot of time, a lot of constant training and above all a lot of discipline, it is important to keep this in mind so you don’t think that you will become a millionaire overnight, because it doesn’t really work like that. I can assure you that:
Then you will soon be a professional gambler, you will earn a lot of money monthly and you will also have a lot of time available to spend with your family, travel or do your favorite activities.
Betting is really something very simple:.
Before you venture into professional betting, make sure you understand how betting markets and odds work.
This guide has been created by me and as I have already told you in other articles I am a person that right now lives from betting and I want to share secrets of the industry, that contrary to what you may think, the fact that other people have my strategies does not affect me at all, because now I bet other higher amounts of money, but to start I can recommend many strategies for you to make money. At this stage, we will not give much importance to your betting experience, whether you have a lot or little.
It also doesn’t matter if your goal is to have fun or to make money. This guide will be useful to you, there is information on how sports betting works and what it involves. There are also a lot of basic tips that are very easy to understand, plus there are some advanced topics, for the more experienced bettors, and a lot of strategy tips.
The fundamentals of sports betting are very simple. All you need is a device with an internet connection, an account with a sportsbook, and a knowledge of the rules of betting.
Money is necessary for every aspect of life, we study and work with the goal of making money, but sometimes «the traditional way» is too exhausting. That’s why sports betting is a fast, consistent, exciting and powerful way to generate income.
Many people bet to add a touch of excitement to the game they are watching, many times they don’t even need the money or can afford to risk it. Putting your sports knowledge to the test with bookmakers can be very exciting, and it also makes watching sports even more incredible.
Sports betting is different from most other forms of gambling in that you are NOT completely dependent on luck. You make an analysis, draw your conclusion based on your knowledge and what you have studied and hope that your reading of the game was correct.
Teams usually every season are new in a high percentage, some may even have a change of coach, so it is not easy to determine how the performance will be at the beginning of the season.
It doesn’t matter if you know the characteristics and style of play of the new coach or if you have statistics about the new hires, everything is very uncertain and remember that we only put money on our sports bets to win when we are very confident about an event that we consider will happen.
Teams, even if they have a good roster and a good coach, always need some time to improve their performance, get to know each other among the players and find the idea of what the coach wants. That is why it is better to refrain from putting money in the first games and only do it after the fifth game, where you already have good material to analyze and start drawing conclusions about the dynamics and trend of the teams’ behavior.
We have already mentioned that the psychological factor in betting is very, very important and that this is what will end up helping us to win or lose money.
It is much more exciting to watch a game and hope that in every approach to the penalty area we will have a goal, than to hope that in those same approaches the defenders and goalkeepers will be victorious. From my own experience, I always bet on the plus in the games and let myself be influenced by the formations and the fans with their chants and so on, I always put money there and always ended each month with losses.
This situation happens to all of us at the beginning, it is proven that the price that bookmakers put on the plus of the goals is a lower price than it should be according to the odds, this is because of what we have just mentioned and that is that everyone expects the matches to be of many emotions and therefore, bookmakers always have their risk there.
I am not telling you never to bet there, of course you can do it, as long as you have carefully done a good analysis and your conclusions are an open match and emotions in the areas. What I want to say is that you should not always get carried away by this and do not always put money on goals in all matches, you should be more cautious and if you manage to understand that it is easier to make money betting on the less than the more and you manage to make a good reading of the matches, then we are talking about winning many bets and you will be a professional bettor.
I know there are many tipsters on social networks who claim to be experts and who show big profits with their super parleys at low odds. I also know that it is a way to make money quickly, with little investment, earn a lot. But be careful, this is where the mistake is, we can not pretend to be millionaires overnight, I have already repeated in other articles, this business does not work like that. The best thing you can do is to create a system of singles or single bets that you can sustain over time, that is profitable and that is your winning strategy.
When you make a combination or a parley, what happens is that you multiply the selected odds with each other, therefore, the probability of winning becomes smaller and smaller as you include more matches.
Sports bookmakers enjoy it when people create big pools, as people are more likely to lose in the long run. You can make a 50 USD bet to win 300 USD and I know you will make it, maybe you can win 2 or 3 bets in the same way, but believe me, when you do the math, you will have lost more money than you actually won. Statistically it is proven that parleys are not good for the bettor.
Do you want to win money immediately and lose it as the days go by or do you want to create a winning system that allows you to win maybe little, but that can give you income for many years? It is up to you to decide.
It is very important to learn how to close a day’s work as a professional bettor, it is very important to know when to turn off the computer with big winnings and even more important, to know when to turn it off with losses. When facing the losses of a bad day due to unfair expulsions, last minute goals and missed penalties, it is very possible to enter a moment of desperation and want to bet more and put more money than you should in other games, just to recover the money already lost.
From my own experience I can tell you that if you do this, you are closer to lose all the money than to recover the money already lost, you have to know how to stop, if strange things happen and you lose several consecutive bets, take the opportunity to go for a walk down the street, read a good book or stand on the balcony to watch the people pass by, whatever you want, but do not continue betting. Every day there are many opportunities to win bets, that’s why don’t rush to recover money from a bad streak, win bets calmly the next day and believe me, that the bad streaks will only be a small drop in the graph of your betting diary and not the bankruptcy of your business.
This applies only according to your sports betting strategy, if you have a strategy based on live statistics, obviously you can bet on a league of little knowledge, but if you have a betting strategy before the game, where you make a previous study.
It is recommended that you focus on leagues where you find journalistic information in a language you know, where you find videos, if possible live images as well. Focus only on 3 or 4 links where you consider you can find good information and use it to your advantage. For example if you speak only Spanish, focus on leagues in South America, Central America and Spain, do not try to bet on a game in the second division of China, because it will be difficult for you to understand the information you find and it is not very likely to win many bets without previous information.
We all have days when things go from bad to worse, when someone argues with us for no reason, when we forget to run an errand, in short, annoying things that happen at any time. If you have a very complicated day and you are not 100% in your capacity of reasoning and neutral analysis, I recommend you not to go near your computer, the only thing you will do is make bad decisions, lose money and have more problems than the ones you already had.
If you drank liquor, feel anger, sadness or any emotion that does not let you be well. Better not work that day, to be successful in sports betting is always necessary to make good decisions, so our head must be completely clear of problems and negative feelings
This applies only according to your sports betting strategy, if you have a strategy based on live statistics, obviously you can bet on a league of little knowledge, but if you have a betting strategy before the game, where you make a previous study.
It is recommended that you focus on leagues where you find journalistic information in a language you know, where you find videos, if possible live images as well. Focus only on 3 or 4 links where you consider you can find good information and use it to your advantage. For example if you speak only Spanish, focus on leagues in South America, Central America and Spain, do not try to bet on a game in the second division of China, because it will be difficult for you to understand the information you find and it is not very likely to win many bets without previous information.
Betting on Champions League, Europa League, will always be exciting, especially for the scenery, the fans and those incredible classics between the big teams of the continent. That is exciting, but we did not come here to see exciting things, we came here to win money, those who win bets, see this as a business and that is the way it is, you enjoy it, obviously you enjoy it, but you win bets, you win money, that is the most important thing.
How do you measure the ability of a team that is 5th in the Spanish league against a team that is 5th in the English league, which team is better? It is quite difficult to know, each league has its own level and the 5th of the Italian league, maybe it could be the 1st of the Belgian league, or maybe not.
It is impossible to know, you can measure the strengths of the teams in the same league, because they face the same rivals and because they already have a history of confrontations between them, which makes you intuit what would be the possible outcome of the game, but for teams from different leagues it is almost impossible to measure their strengths in a confrontation of a continental competition.
Don’t think you are as good when you win and as bad when you lose.
The one who wins bets can believe that he is the most expert in his league and the best sports bettor in his city, but that would lead him to feel the worst when he loses money during a couple of weekends in a row.
Control your mind to make it see sports betting as a business, a business with ups and downs, like everyone else. Don’t think that because you are making money, it means you are better than other people, it just means you are doing well in your business, you are smart and you are good, but not the last samurai left standing. Manage your ego, so that it doesn’t make you play bad games. If you lose for several games, it means that something is going on, maybe luck was not with you that day or maybe there are things you need to adjust in your analysis. Do not think that you are a failure or a loser, because then you will have a lot of problems, both with other people for your actions and mood, and with yourself for reproaching yourself for your mistakes every second. Enjoy what you do, take it easy and if you win bets or lose bets, it does not mean that you are the best or the worst.
Team schedules are very important when planning your sports betting. It is possible that a team has had a moderately bad result in a series of matches, or vice versa. This does not mean that they are very good or very bad, you have to take into account who they faced, home or away status, injuries and the league position of their rivals, it may be that they have faced the best in the league in 3 consecutive rounds and the result was bad. In addition, it is important to know if the team may have some variations in its starting eleven, perhaps because of an international match during the week or a derby during the week, it is important to have all these details, especially for the possible lineup and the disposition that the players may have on the field.
Before you venture into professional betting, make sure you understand how betting markets and odds work.
Research and learn about the different types of betting and sports you are interested in betting on.
Familiarize yourself with key concepts such as bankroll management, expected value, betting lines and statistics relevant to your picks.
This step is essential for anyone aspiring to become a professional bettor. Education and solid knowledge about sports betting is the foundation for developing profitable strategies and making informed decisions. Below, I provide you with an extension with detailed information, guidelines, strategies and examples to further your learning:
Remember that education and knowledge are a long-term investment in your professional betting career. The more you learn about sports, markets and betting strategies, the better your chances of making consistent profits. Never stop learning and be willing to adapt to the changing dynamics of sports betting.
Step 2: Establish a bankroll
Establishing a solid bankroll and managing it properly is one of the most critical aspects of becoming a successful professional gambler. Here I provide you with an extension with detailed information, guidelines, strategies, examples and success stories to help you manage your bankroll effectively:
2.1 Information and Resources:
Clearly define what a bankroll is: It is the amount of money dedicated exclusively to sports betting. It should not include money earmarked for other purposes, such as personal expenses or savings.
Consider bankroll management as an essential part of your betting strategy. A well-managed bankroll will allow you to survive negative streaks and protect your capital.
1% to 2% rule: A common strategy is to bet between 1% and 2% of your bankroll on each event. This rule will help you control risk and avoid significant losses.
Fixed Unit: Consists of always betting the same amount, regardless of the circumstances. This strategy is simple, but may not be as effective in protecting the bankroll during negative streaks.
A good bankroll is the basis for maintaining a competitive edge in the world of sports betting. The discipline to maintain a well-managed bankroll is essential to surviving and thriving as a professional bettor. Remember that, ultimately, the key is to protect your capital while looking for value opportunities that will allow you to increase your winnings over the long term.
Bankroll management is one of the most important skills for a professional gambler. It allows you to protect your capital, manage risk and maintain a competitive edge over the long term. Below, you will find an extension with detailed information, guidelines, strategies, examples and success stories to improve your bankroll management
Set clear limits: define a maximum percentage of your bankroll that you are willing to bet on each event. As mentioned in the previous guide, the 1% to 5% rule is a good practice to keep risk under control.
Separate your bankroll: Divide your bankroll into different segments for each sport or market you bet on. This will help you have a clearer picture of how you are managing your bets in each area.
Don’t rely on hunches or random bets. Develop a well-founded strategy for your betting.
Clearly define your goals and betting style. Some popular strategies include betting on solid favorites, looking for value on underdogs, following trends, etc.
Research and develop your knowledge on specific teams or players, analyzing their past and present performance, injuries, tactics, historical matchups, among other factors.
Developing a solid strategy is fundamental to maximize your chances of success as a professional bettor. A well-founded strategy will allow you to make informed and consistent betting decisions. Here you will find an extension with detailed information, guidelines, strategies and examples to help you develop an effective strategy:
3.1 Information and Resources:
Know your strengths and weaknesses: Identify the sports or markets in which you have the most knowledge and experience. This will allow you to focus your efforts and specialize in areas where you can gain a competitive advantage.
Learn from experts: Research and study how professional bettors have developed their own strategies. Look for books, articles or interviews that share their approaches and reasoning behind their choices.
Set clear objectives: Define your financial objectives and short- and long-term goals. For example, you may set out to achieve a certain monthly or annual return, or to progressively increase your bankroll.
Define your betting style: Determine whether you will be a conservative bettor looking for safe opportunities with high odds or whether you will be a more aggressive bettor looking for value bets, even if they are riskier.
Statistics and historical data – Use relevant statistics and historical data to evaluate past performance of teams, players or events. Identifies trends and patterns that may influence future results.
Qualitative analysis: Considers factors such as injuries, tactics, fitness, environment, and any other information that may affect the performance of teams or players.
Remember that there is no single strategy that guarantees success in all situations. The most important thing is that your strategy is well-founded and backed by solid analysis. It is also crucial to keep in mind that no strategy can completely eliminate risk in sports betting, so it is always essential to practice proper bankroll management and maintain realistic expectations.
Use online tools and resources to access up-to-date data and statistics on the teams or players you plan to bet on.
Consider key variables such as home and away performance, performance against quality opponents, offensive and defensive statistics, recent injuries, etc.
Use statistical analysis and research to identify value opportunities, i.e., bets where odds appear to be higher than they should be.
Analyzing data and statistics is a fundamental skill for a professional bettor. It allows you to make informed and informed decisions based on objective data rather than intuition or hunches. Here you will find an extension with detailed information, guidelines, strategies and examples to improve your data and statistics analysis:
Data Sources: Identify reliable sources of data and statistics relevant to the sports or markets you specialize in. These sources may include sports websites, statistical databases, and online analysis tools.
Important metrics: Know the key metrics and statistics for each sport or market. For example, in soccer, you can consider goals scored, goals conceded, shots on goal, possession of the ball, among others. In basketball, you can analyze points scored, rebounds, assists, and offensive efficiency.
Collect data: Gather historical data and statistics relevant to the teams, players, or events you are interested in. Organize this information in a clear and accessible way for further analysis.
Filter and select: Don’t overload yourself with too much information. Select the most relevant and meaningful statistics and data for your bets, focusing on those that have a direct impact on the results.
Comparative analysis: Compare the performance and statistics of different teams or players to identify trends and patterns. Pay attention to how they perform at home and away, against different opponents, and in different conditions.
Long-term analysis: Instead of focusing on recent results, analyze long-term performance to get a more accurate picture of the quality of a team or player.
Trend analysis: Examines how a team or player has performed in certain specific situations or scenarios. For example, how they have performed in night matches, matches on artificial turf, or matches after an extended break.
Analysis of historical matchups: Consider previous results between teams or players that will face each other in the near future. Historical matchups can provide valuable information on how both teams or players have performed in the past.
Remember that analyzing data and statistics should be an objective, fact-based process. Avoid being swayed by personal biases or emotions. The goal is to identify patterns and trends that will allow you to make informed decisions and improve your odds of success. Continually improving your analytical skills will help you make more accurate and effective sports betting decisions.
Don’t limit yourself to a single sport or market. Diversifying your bets allows you to reduce risk and take advantage of different opportunities.
However, make sure you are well-versed in the markets you venture into to make informed decisions.
Study different sports and markets: Familiarize yourself with the betting offerings in different sports and markets. Research sports or markets that you find interesting and that suit your analytical skills and knowledge.
Diversification in sports betting involves spreading your bets across different sports or markets rather than concentrating on just one. It is a strategy that seeks to reduce risk and take advantage of different opportunities to make a profit. Below, you will find an extension with detailed information, guidelines, strategies and examples to understand and apply diversification in your betting:
Set limits: do not exceed the number of sports or markets in which you diversify. The goal is to have a significant, but manageable diversification, so as not to spread your efforts and knowledge too thinly.
Know your limits: Don’t venture into sports or markets you don’t fully understand. Diversification does not mean betting blindly; it is still essential to have good knowledge to make informed decisions.
Remember that diversification does not guarantee profits, but it can reduce risk and balance losses in difficult times. Don’t forget to continue to apply good bankroll management in each sport or market in which you diversify. Smart, well-managed diversification will allow you to take advantage of diverse opportunities and maintain a competitive edge in the world of sports betting.
Stay calm and avoid making impulsive decisions in moments of euphoria or frustration.
Emotional discipline is essential when you are on a losing streak to avoid betting irrationally and increasing the size of bets to recoup losses.
If you feel that your emotions are affecting your decisions, take a break and reanalyze your strategies before continuing.
Emotional discipline is a crucial skill for any professional gambler. Staying calm and making rational decisions, even in pressure situations or negative streaks, is critical to long-term success. Below, you’ll find an extension with detailed information, guidelines, strategies and examples for developing and maintaining strong emotional discipline:
Recognize the importance of emotional discipline: Emotions can drastically affect betting decisions, and lack of discipline can lead to impulsive and detrimental decisions.
Learn about cognitive biases: Become familiar with common cognitive biases that can influence your betting decisions, such as confirmation bias, loss bias, and overconfidence bias.
Establish rules and boundaries: Define clear rules for how you will make your betting decisions and set boundaries to avoid impulsive bets outside of your predefined strategies.
Identify your emotions: Recognize and understand your emotions when you are in betting situations. Pay attention to how you feel and how that can influence your decisions.
Take a break and disconnect: If you feel emotions are affecting your decisions, take a break and disconnect for a while. Getting away from gambling can help you regain mental clarity.
Stay calm during negative streaks: Accept that losing streaks are inevitable in sports betting and avoid making impulsive decisions to recoup losses quickly.
Set loss limits: Define clear daily, weekly or monthly loss limits. If you reach those limits, stop your bets and re-evaluate your strategies before continuing.
Example 1: During a losing streak, a bettor remains calm and does not increase the size of his bets in an attempt to quickly recoup his losses.
Example 2: A bettor sets a daily loss limit and, upon reaching that limit, stops betting to avoid further damage to his bankroll.
Remember that emotions are a natural part of sports betting, but the key is to control them and prevent them from negatively affecting your decisions. Emotional discipline is a skill that improves with practice and self-awareness. Learning to manage emotions will allow you to maintain a rational and consistent approach to your betting, which will increase your chances of long-term success as a professional bettor.
Keep detailed records of all your bets, including information such as date, event, type of bet, odds, amount wagered and outcome.
Regularly analyze your records to identify patterns, recurring errors, and areas for improvement.
Records will allow you to evaluate the effectiveness of your strategy and help you make more informed decisions in the future.
Accurate record keeping and thorough analysis of your bets is essential to improving your skills as a professional bettor. Record keeping provides you with valuable information about your results, strengths and weaknesses, allowing you to make adjustments and more informed decisions in the future. Below, you will find an extension with detailed information, guidelines, strategies and examples for effective record keeping and analysis:
Record all bets: Record every bet you place, including details such as the sport, market, event, odds, amount bet and outcome.
Record your previous analysis: Write down the reasoning behind each bet before placing it. This will allow you to evaluate later what factors influenced your decision and whether your analysis was accurate.
Keep up-to-date records: Update your records regularly to ensure they are current and accurately represent your performance.
Example 1: A bettor analyzes his records and discovers that he has performed better in tennis than in soccer. He will decide to focus more time and effort on tennis to take advantage of his advantage in that sport.
Example 2: A bettor reviews his previous analysis and notices that he has had a tendency to rely on emotional bets. By identifying this, he will strive to make more objective decisions in the future.
Remember that keeping records and performing a proper analysis of your bets will allow you to make more informed decisions and improve your results in the long run. Self-reflection and self-evaluation are key elements in this process. Use your records as a tool to constantly learn and improve your skills as a professional bettor.
The betting world is dynamic, and strategies that work can change over time. Stay current and willing to adapt.
Constantly improve your analytical and decision-making skills.
Keep up to date with the latest news and trends in the sports and markets you bet on.
Learn from your successes and mistakes and constantly look for ways to improve your analysis and decision-making skills.
Don’t be afraid to adjust your strategy if you notice that specific approaches are not yielding positive results in the long run.
Adaptation and continuous improvement are critical to maintaining a competitive edge in the world of sports betting. Conditions and dynamics in the sports and betting arena can change over time, and it is crucial to be willing to adjust your strategies and approaches to remain profitable. Below, you will find an extension with detailed information, guidelines, strategies and examples to adapt and continuously improve as a professional bettor:
Evaluate your performance: Analyze your records and results regularly to identify areas that need improvement and opportunities to adapt your strategies.
Learn from your mistakes: Recognize that mistakes are opportunities to learn and improve. Identify mistakes made and make sure you do not repeat them in the future.
Flexibility in strategies: Don’t stick rigidly to a single strategy. Being willing to adjust your approaches and try new strategies can lead to more profitable opportunities.
Continuous learning: Keep learning and updating your knowledge in sports and betting. Participate in courses, read books, and stay informed about the latest trends in data analysis and statistics.
Remember that being a professional gambler implies a serious and methodical approach. Don’t make rash decisions and always prioritize responsible bankroll management. Patience, discipline and hard work are fundamental to succeed in this field. Good luck on your way to becoming a professional gambler!
While you can make consistent profits as a professional bettor, don’t expect every bet to be a success.
Accept that there will be losing streaks and don’t get discouraged; the goal is to maintain a long-term edge with an informed strategy.
Don’t look to get rich quickly, but to accumulate profits over time and consistency.
