Sports Betting

The Best Sports Betting Books 2024

Sports betting is a massive industry, but finding quality reading material can be challenging. Whether you’re a novice or an experienced bettor, these six books offer insights and strategies to help you navigate the complexities of sports betting.

Below are some of the best sports betting books that I have read.

Best Sports Betting Books

1. Squares And Sharps, Suckers And Sharks

best sports betting books

  • Author: Joseph Buchdahl
  • Overview: Written by the renowned sports betting writer Joseph Buchdahl, this book takes a stark and realistic look at the sports betting markets. It delves into the science and probability behind gambling, as well as the often irrational behavior of bettors.
  • Key Takeaways:
    • Understand the fundamental principles and psychology of betting markets.
    • Challenge and refine your betting processes.
  • Why Read It: If you’re aiming to make money long-term from sports betting, this book is essential reading. It helps you analyze and question your own betting methods, even if it doesn’t offer quick fixes for profitability.

Whilst this book might not provide the answers to becoming a profitable sports bettor. It will certainly make you analyze and question your own process in finding profitable sports bets.

Buy It Now

2. Gambling For Life – Harry Findlay

best sports betting books

  • Author: Harry Findlay
  • Overview: This easy read documents the life and adventures of the colorful professional sports bettor Harry Findlay. Known for his high-stakes gambling and risk-taking behavior, Findlay’s story is both thrilling and cautionary.
  • Key Takeaways:
    • Learn from the highs and lows of Findlay’s career.
    • Understand the importance of bankroll management.
  • Why Read It: While it may not teach you how to become a professional gambler, it offers valuable life lessons through the lens of an old-school gambler who often threw caution to the wind.

Putting your entire bankroll on one football match is not something you find Tony Bloom or Zeljko Ranogajec doing. But that is part of the charm of Harry Findlay. He isn’t a gambler that always stuck to staking sensibly and following the rules.

He was a big risk taker often to his own detriment however as a story it makes great reading.

Buy It Now

3. Enemy Number One – Patrick Veitch

best sports betting books

  • Author: Patrick Veitch
  • Overview: This autobiography details the life of Patrick Veitch, a professional sports bettor estimated to have made over £10 million from horse racing. From his beginnings as a math student at Cambridge to becoming a target for extortion, Veitch’s story is captivating.
  • Key Takeaways:
    • Insight into the operations of a successful betting career.
    • Understand the challenges and risks involved in high-stakes betting.
  • Why Read It: If you’re interested in sports betting, particularly horse racing, this book is a must-read for its deep dive into Veitch’s betting operation and experiences.

Whilst Veitch never reveals his exact betting methods or goes on to write about how he was able to consistently find value in the horse betting markets. The book does detail how he ran his betting operation and was able to get down large amounts of money at bookmakers all across the country.

For the aspiring horse racing bettor, it’s a great read!

Buy It Now

4. Trading In The Zone

best sports betting books

  • Author: Mark Douglas
  • Overview: Although not strictly about sports betting, this book on trading psychology offers valuable lessons for bettors. It addresses the importance of discipline and controlling emotions in trading (or betting).
  • Key Takeaways:
    • Understand the psychological traits behind successful trading.
    • Learn how to keep your emotions in check while betting.
  • Why Read It: If you want to improve your mental approach to betting, this book is an excellent resource for developing the discipline needed to succeed.

If you are looking for a book that can you help you understand the psychological traits behind being a successful sports bettor then Trading In The Zone is a good choice.

Buy It Now

5. Fixed Odds Sports Betting 

best sports betting books

  • Author: Joseph Buchdahl
  • Overview: Written in 2003, this book remains one of the best resources on sports betting. Buchdahl, a former bet runner, provides a thorough mathematical analysis of sports betting and various staking plans.
  • Key Takeaways:
    • Learn the fundamentals of bookmaking and staking plans.
    • Gain insights into profitable betting strategies.
  • Why Read It: Ideal for both novice and experienced bettors, this book offers a comprehensive introduction to the key principles of sports betting.

This book is an excellent introduction to sports betting for novice bettors. Whilst also appealing to experienced bettors looking to get a better grasp on some of the key fundamentals behind investing in sports betting.

Buy It Now

6. The Logic Of Sports Betting

Logic Of Sports Betting

  • Authors: Ed Miller and Matthew Davidow
  • Overview: Published in 2019, this book covers contemporary topics like live betting. Miller, a successful poker player, and Davidow, a sports modeller, bring their expertise to discuss the pros and cons of live betting.
  • Key Takeaways:
    • Understand the intricacies of live betting.
    • Learn about the latest trends and strategies in sports betting.
  • Why Read It: As live betting grows in popularity, this book provides timely advice for those looking to capitalize on this trend in 2024.

Being one of the newer books on this list. One subject that this book does cover is live betting. Live betting becomes bigger and bigger with each year. The logic of sports betting discusses the pros and cons of live betting, covering such issues as streaming delays.

Conclusion

These six books offer a wealth of knowledge for anyone interested in sports betting. From understanding the psychology behind betting to learning advanced strategies, each book provides unique insights that can help you become a more informed and successful bettor.

Do you have any other additional books to include in this list?

Let me know in the comment!

 

 

 

 

In-Play Football Betting Strategies 2024 – How To Profit

In-play betting is becoming more and more popular. Often the excitement of watching a game can be enhanced with a bet.

Bookmakers know this and they often offer a multitude of markets to bet on in-play.

However the majority of the time if you are betting in-play you will find the best value at the betting exchanges. With betting exchanges you also have the option of trading your positions.

If I am betting in-play then it is the exchanges that I will normally look to first.

Lets take a look at some in-play football betting and trading strategies that can be profitable with the right approach.

In-Play Football Betting Strategy – Laying The Draw

In-Play Football Betting Strategies
Laying the draw pre match

Laying the draw is a strategy that is used by most newcomers to football trading and is easy to follow.

In the past many people used this strategy pre-match. They would lay the draw before the start of a game, wait for a goal to be scored and then hedge all outcomes hopefully for a profit.

However as time has gone on this has become a less profitable and less popular strategy.

In-Play Football Betting Strategies
Laying the draw in-play

Another option with this strategy is to delay your entry into the trade.

Look for games that are level in the second half and then look to lay the draw with the game in-play.

Using this strategy you would lower the potential risk level as the draw odds are lower and take a higher profit if a goal is scored.

You don’t have to trade out of this position either.

Some people are happy to lay the draw in the second half and move on to the next bet. Using this strategy as a straight betting method.

Laying The Draw In-Play – Optimal Conditions

  1. Favourite needs to win – I want the favourite to be really pushing for a goal. Perhaps they are second place in the league and a win would put them top. Or maybe its a cup game and they really don’t want to go to a replay.

  2. The underdog should show they can counter – If the underdog is just sitting back and soaking up the pressure without countering. Then we may as well just back the favourite if they are the only team that look like scoring.

Laying The Correct Score Strategy

Another strategy that can used exclusively with the betting exchanges is laying the correct score.

With this strategy we are looking to bet that there will be at least one more goal in the game.

Now if you were to use this strategy pre match you would be laying at pretty high odds. In-play however you can often find good opportunities at much lower odds.

In-Play Football Betting Strategies

In the example above the score was 0-0 after around 60 minutes. Liverpool were the favourites playing at home. They found themselves trailing 0-1 on aggregate in a cup semi final.

This meant that Liverpool needed a goal to have any hope of qualification. Liverpool pushed hard for the goal however it was Southampton who scored an injury time winner on the counter attack.

What type of conditions are ideal for these types of strategies?

Laying The Correct Score In-play – Optimal Conditions

  • Home team favourites are trailing by a goal – When a home team favourite is trailing and time is ticking down you will often see a great sense of urgency. Also the home crowd will often add extra pressure for them to push forward. 
  • There is only a one goal difference – When there is only a one goal difference it can make a big psychological difference to a players mentality. One goal seems within achievable even if there is only a few minutes remaining in the game.
  • Game tempo is also a key factor – Is the referee letting the game flow or continually stopping it? Are the leading team looking to counter or happy to sit back? Are tactical changes being made and substitutions?

Other In-Play Betting Strategies

There are a lot approaches you can take when looking to find value in the in-play betting markets. Niche markets can provide great value as they are often overlooked.

The corner markets are a favourite for quite a few profitable tipsters that I have seen.

Then there are the over/under goals markets, the first half goal markets, total goals, next goal, Asian handicap markets. With so many markets and options available there are countless in-play betting strategies that you can try.

In-Play Football Betting Strategies
You might want to focus on the first half markets?

With in-play betting and trading the odds in these markets have to consistently change with the dynamics of the game. This often means there are is a lot of potential value bets to be found with the right research.

Where Can I Find Stats For In-Play Betting?

If you planning to bet in-play you might want to look at the statistics of previous games.There are a number of really good sites for football statistics. Here some recommendations which are all free to use.

  1. Soccerstats
  2. Whoscored
  3. Soccerway

In-Play Football Betting Strategies

My personal favourite is soccerstats. It has a great layout, is easy to use and gives you really great statistical breakdowns.

Which you can see from the above screenshot.

 

Where can I get stats for games that have already started?

Most bookmakers will provide you a statistical breakdown of a game that they are offering in-play. What you should be aware of is that they might not always be 100% accurate.

I would always prefer to have live video for a game that I was intending to bet or trade. As not all shots on target are of the same relevance and possession stats don’t always indicate a teams dominance.

In-Play Football Betting Strategies

However if you can’t get live video. Here are some of my recommendations free sites that give live data on ongoing football matches.

  1. Total Corner
  2. Bet365 (Need funded account but free to view live stats)
  3. Flashscore (Have statistics for most major games)

In-Play Football Betting Strategies – General Advice

When you are looking at in-play football betting strategies you might sometimes be in a rush to place your bet. However if you really want to make money from any avenue of betting its important to get the best odds possible.

On most occasions you will find this with a betting exchange such as Betfair. But sometimes you may find it with a bookmaker you have access too.

Oddsportal have a live feed for in-play odds which you can use for a quick comparison when betting in-play.

Don’t force a bet or trade just because your watching a game. Often you will see bookmakers advertising “Milner to score the next goal at 9.0” during half time.

These are exactly the types of bets you don’t want to make. There is a reason a bookmaker is promoting this bet because its terrible value.

If you want to find good value in the in-play markets then you will need to do your research. Wait like a sniper and then when everything aligns enter the market.

 

Using Sports Statistics To Win At Sports Betting

Football Stats

Statistics have always been a key component for successful sports betting. Those that know how to use them effectively have been able to generate a lucrative income from the world of sports betting.

Many of the pioneers of sports betting such as Tony Bloom and Matthew Benham used expected goals long before everyone else. You can find XG figures on plenty of statistical websites today however previously this was only used by football bettors at the top of their game.

Billy Walters one of the most sports bettors of all time was recently on the Joe Rogan podcast and spoke about how they would a similar method to XG for NFL games. Having members of his team break down individual plays in American football and removing points when these situations occurred via luck.

Why Should I Use Sports Statistics For Betting?

Statistics may reveal a lot about a team or individual player, including their strengths, limitations, and performance in various circumstances. They may assist you in comprehending the reasons behind team historical victories and defeats. How they perform against different levels of opposition for example.

Football Stats

While some may consider statistics uninteresting or unimportant, others may feel they are crucial to the game. If you are looking make profitable betting decision with bookmakers. Then using a statistical approach is always wise. Statistics can offer you a distinct viewpoint on the game and can aid in your understanding of the nuances of sports. 

Taking this approach enable the tracking and measuring of the performance of individuals and teams, evaluating the effectiveness of plans and tactics, and much more. In the absence of statistics, analysis of sports is difficult. 

Best Sites For Sports Betting Statistics?

There are a huge number of statistics sites for sports betting. Obviously it depends on which sport you are looking to focus your betting on. In 2024 you can pretty much bet on every sport imaginable for popular sports such as football, tennis and horse racing. To more niche sports like badminton, greyhound racing and table tennis.

Let’s take a look at some of the best statistics sites for some of the major sports!

Football/Soccer

Horse Racing

  • Time Form
  • Racing Post

Tennis

American Football

There are thousands of statistical sites if you want to find data for the specific sport you are looking to bet on.

Will Using Sports Statistic Make Me A Profitable Bettor?

Using statistical analysis can help you become a profitable sports bettor. It isn’t however a guarantee that you will be profitable. Bettors that using statistics in order to find value from the markets usually do so due the betting not factoring in a statistic effectively. There may be a bias for example in the market meaning that something is underestimated in the market.

This could be many factors including;

  • Player Injuries
  • Home Field Advantage
  • Weather Conditions
  • Time Between Games
  • Coaching Styles
  • Form
  • Tactical Match Ups

It is the job of the sharp sports bettor to find angles that the general public may be missing. If you can do this successfully then there is the ability to make a profit from sports betting.

In general the easiest sports betting markets to beat are the one that most of the general public are betting in. If we take for example football, the general public like to beta in the bigger markets such as;

  • Match Odds
  • Over/Under Goals
  • Draw No Bet Market

The markets that are generally the easiest to beat with the bookmakers and the exchange when it comes to the football markets, are secondary markets;

  • Corners
  • First Goal Scorer
  • Card Points
  • Player Passes
  • Players Tackles.

If you are looking for the low hanging fruit and the easiest sports betting markets to profit from using basic statistics. Looking at these lesser known is often a great starting point. The bookmakers are often lazy with these markets and are much more prone to making an error with the odds. This can offer great value to us as sports bettors if we are able to sports bettors if we can spot this opportunities.

One simple approach to making money from sports betting that is proven to work is using the best value betting software available.

Overall if you are looking to profit from sports betting, using statistics is definitely something you should consider looking at.

Value Betting Guide 2024 – How To Win At Sports Betting

Value betting or finding value in the sports betting markets, is the only way to make money long term from sports betting.

In this article we are going to look at one of the best methods for finding value in the sports betting markets. Whether your betting football, tennis, horse racing, NFL, boxing.

You name the sport, value betting works!

One of the big benefits of this method is that it allows you, to get a large amount of volume through the markets. Whilst having a consistent edge. 

This method is also very easy to understand.

Guide To Value Betting - How To Win At Sports Betting

Value Betting Explained

First off what is value in the sports betting markets?

Quite simply getting value in the sports betting markets is backing something that is estimated to have a greater chance of happening then the odds indicate.

Lets look at a simple example.

Man United are priced at 2.0 (indicates a 50% win chance) against Everton at home.

The best betting syndicate in the world estimate that Manchester United are actually a 55% win chance. 

Meaning they believes that Manchester United’s true odds should be 1.82.

This means odds above 1.82 are deemed to be value, with odds of 2.0 being extremely good value.

If you are consistently betting odds that are priced higher then there true probability, you will make money long term.

However the hard part of finding value in the sports betting markets is coming up with a true estimation of what the odds should actually be.

Some of the biggest betting syndicates in the world have hundreds of people working for them. Analyzing every bit of data available to them in order to make profitable bets.

In this article we are going to look at a proven method for finding value in the sports betting markets. This method allows us to mimic the bets made by these successful betting syndicates.

Sharp Bookmakers And Exchange Method

One proven way to find value in sports betting is by using sharp bookmakers and betting exchanges as an indicator for value.

Professional bettors separate bookmakers into two categories.

Sharp and Soft.

A soft bookmaker is one that does not want professional bettors, they only want losing recreational players that they know in the long term will make them money.

This is why some bookmakers close players accounts or limit their betting stakes to very small amounts.

Sharp bookmakers allow winning sports bettors to bet with them. They let sharp bettors influence their odds movement and rely more on profiting from the turnover they get from the betting markets they provide.

Betting exchanges follow a similar model charging on a commission basis and allowing professional punters to bet with them.

This means that professional sports bettors bet at sharp bookmakers.

Soft bookmakers often imitate the movement of sharp bookmakers and betting exchanges. However they are slower to adjust their betting odds.

This method of value betting takes advantage of this.

Value Betting Strategy 

If you follow the money from the sharpest sports bettors in the world then you are going to make money from sports betting.

That is the essence of this strategy.

Consistently beat the closing odds of sharp bookmakers or betting exchanges and you have yourself a winning betting strategy.

This is known as “value betting” but is also sometimes referred to as “steam chasing”

Now you probably have heard of several betting systems or strategies that sound good in theory but don’t actually work.

This isn’t just a gamblers fallacy, there is a lot of data to back up this strategy.

Here are the statistics from a company called Trademate which provides software for value betting.

The software constantly scans the sharp bookmakers and highlights when a soft bookmaker is offering higher odds then them.

It calculates if there is value after the betting margin is taken into account and if it is value then it highlights these bets.

You can see that after 2,361,157 bets.

The total profit made by Trademate customers is £4,174,180.

Rebelbetting Value Betting

Another company called Rebelbetting uses a similar strategy.

Again using the odds movement from sharp bookmakers to highlight value bets at the soft books in order to beat the sharp bookmakers closing odds.

Their data showed that the average user was able to double there initial investment with value betting strategy after 3 months, placing 30 bets a day on average.

Lastly I will include some data from a website called bookie bashing.

This site also looks at the odds of betting exchanges and sharp bookmakers to highlight value bets at soft bookmakers.

Bookie Bashing focus on price boosts and accumulator boosts to find value in the sports betting markets. Which you also find if you have access to Oddsmonkey.

Again the data shows how successful this strategy is with a profit of £11,445 being made after the first 1000 value bets.

My own betting also incorporates the strategy of following sharp betting money very heavily alongside using other methods.

Although this is not the only method I use, value betting has proved to be a very successful part of it.

Monthly Profit And Loss

 

Alright so we have looked at data from multiple different sources to show that this strategy really works.

Now lets take a look at an actual example.

Value Betting Strategy Example

Borussia Dortmund are taking on Bayern Munich tomorrow.

By using the odds comparison site Oddsmath.com.

I had a look at the current odds available and found a bet which is showing value according to current market prices.

Marathonbet are pricing Borussia Dortmund at 3.88 which is a stand out price compared to the rest of the market.

Value Betting Example

I took a look at what the current price was on Betfair Exchange which is a sharp market for football betting.

Betting exchanges will often mirror the prices of the sharp Asian bookmakers.

Value Betting Example 2

Betfair Exchange showed a back price of 3.8 and a lay price of 3.85. 

This is an strong indicator that currently the price of 3.88 that is currently offered by Marathonbet is indeed value.

Now obviously odds can change. They can drift in price and the bet is no longer seen as value. However they can also shorten in price becoming better value. 

If you are able to constantly find odds that are consistently better then the Betfair lay price on markets with a high volume of money matched (such as Bundesliga.)

Then it is very likely you will make money in the long term.

Value Betting Results

Below are some of my results from value betting.

Running from 2021 to September 2022.

Value betting with soft bookmakers using the Trademate Sports software.

3801 bets – £5568 profit

Value betting strategies on Smarkets betting exchange (Also includes some trading)

£20,011 Profit

(Video proof in the video below.)

Value Betting Tips

So you can see from the above that this is a strategy that really works.

Here are a few tips to get the most from this method of value betting.

Value Betting Tips

Stick to popular sports with high liquidity

The first tip would be to stick to popular sports that have a lot of turnover.

For example the major European football leagues and big American sports. 

The reason for this is that these markets are seen as more efficient due to the large amount of money that is placed on these events.

There is also less likely to be manipulation of these markets as it takes much more money to change the odds of say a Premier League game, compared to the Romanian second division.

Another factor is that a soft bookmaker will likely allow you to bet for longer if you are placing value bets on popular sports. This makes you look like much more of a recreational bettor, rather then somebody that wants to make money long term.

Understand you might have losing runs

Although you are betting with an edge and will make money in the long term. It’s really important to know that at times you will go through a losing period.

If you want to avoid losing runs altogether then you can look at arbitrage betting where you lock in a guaranteed profit from every bet. However the flip side to this is that you sacrifice some value long term by placing a bet with a margin on the other side of the bet.

In theory you will make more money long term from value betting but arbitrage is a good option for the risk averse.

(You can read the ultimate guide to arbitrage betting below for more information.)

Stake appropriately

One of the most important aspects of successful sports betting is to make sure you stake appropriately.

There a lot of different approaches to staking, some prefer to bet with flat stakes whilst others use a proportional staking strategy.

Most of the value betting software providers advise a staking using the kelly criterion. This staking strategy adjusts the amount of your bankroll you bet dependent on the perceived edge of the bet.

Use Value Betting Software

The last tip would be to use value betting software.

Although you can look for bets manually it can be very time consuming and you will miss a lot of value betting opportunities. There are several different value betting providers.

Best Value Betting Software

Oddsmonkey

Over the years I have used a number of value betting services.

The first one that we will take a look at is Oddsmonkey.

Oddsmonkey is primarily a matched betting service however it also provides tools that can be used for value betting.

Oddsmonkey Value Betting

The oddsmatcher software highlights bets with bookmakers that are higher then the lay on a betting exchange. This is a good indicator that these odds are value at the time they are highlighted.

Oddsmatcher comes with a filter option which means you can select which bookmakers you want see value bets for. You can also select how close to the start time of an event a selection should be. So for example if you want it to only show selections that are starting within 3 hours you can do.

Another positive for Oddsmonkey is they also provide extra place matcher and each way matcher. Which are both software tools you can use for value betting on the horse racing markets.

Compared with other value betting software Oddsmonkey scans bookmaker odds at a much slower rate meaning that sometimes the value bet will no longer exists.

However it is also the cheapest value betting service at £29.99. This is my recommendation for beginners and people fairly new to the world of sports betting.

(You Can Trial Oddsmonkey For Free Below)

 

OddsMonkey

Rebel Betting Value Betting Software

Next up is Rebelbetting.

Rebelbetting are a company that have been offering sports arbitrage software since 2008 and in the last few years started to offer a value betting service.

The software that Rebelbetting offer is a step up compared to Oddsmonkey. It scans bookmakers at a much faster rate and as such it provides a much higher volume of value bets.

Rebelbetting Value Bets

Rebelbetting offer mobile, web and desktop versions of their value betting software. Which enables you to make value bets pretty much wherever you are.

The software is very professional, when a bet is flagged there is a link that takes you directly to it. Which saves valuable time and means odds are less likely to change before you can bet them.

Rebelbetting Graph

Bets are then saved in a log which automatically updates whether your bet won or lost. 

The value betting software offered by Rebelbetting is aimed at the individual that is willing to put in time and volume. As mentioned earlier it is a step up from Oddsmonkey and is suitable for someone that is serious about investing in value bets.

Value betting software offered by Rebelbetting costs £89 a month.

We managed to negotiate a really good deal for readers of Smart Sports Trader.

You can get a no strings attached 14 day subscription to Rebelbetting’s value betting software using the link below!

 

Trademate Sports Betting Software

Next up is Trademate Sports who are a company that offer the best value betting software in the industry.

Trademate Sports have created a lot of excellent content on how to effectively make money from bookmakers through their excellent youtube channel and website. One of the most impressive aspects of the software is that it is constantly being improved.

As mentioned above it is very easy to use.

You set up the bookmakers that you want to use along with other metrics such as odds, time before event starts, sports.

Also whether you want to only search for value bets at high liquidity events or across all markets.

Trademate Value Betting

The Trademate Sports software then flags up any value bets that match the metrics you chose to use in your filter. Trademate Sports allows you to have several feeds so you can create several different filters and use them at same time.

You can read our full review of Trademate Sports here.

The software currently costs around £108 making the most expensive software on the list.

It is aimed at someone that wants to take a professional approach to value betting.

I would recommend a starting investment of £2000 or more to use this software.

You can get a free 2 week trial of the Trademate Sports software below.

Quote “Smart Sports Trader” in the Trademate chat to get this deal once signed up

Conclusion

In conclusion value betting is an excellent strategy to use if you are looking to make money from the sports betting markets.

It has been proven to work by a number of reputable sources and allows you to make multiple bets on a daily basis with a positive expectation. The strategy works because you are following the bets of some of the sharpest minds in the sports betting world.

If value betting sounds like a strategy that you want to try out or even if you are still on the fence.

We recommend you take up Trademate’s free 14 day trial and take a look at the results for yourself.

Click Here To Trial Trademate’s Value Betting Software

 

What Separates A Professional From a Casual Bettor in The Sports Betting Culture?

Cambodia

Have you ever thought of making sports betting a professional endeavor?
The idea of leaving the daily 9 to 5 grind and making big stacks on the regular sounds appealing. Many have tried, some persisted and became big, but most fell short and failed. That said, what separates successful professionals from casual bettors?

In this article, we will briefly explain what makes a professional bettor professional. What practices they make that separate a profitable hobby from a long-term career endeavor. Read more below and see what it takes to be a professional.

Tracking Anything And Everything

One thing you need to understand about professional sports betting is that most gaming or gambling industry professionals understand the importance of data. Any information they can access gets tracked, recorded, and considered for their strategies.

For example, If you’re just betting for fun at the NBA, you might just check one line like Fanduel odds on NBA betting lines or trends on online forums. But for a professional, they go deeper than that. Specifically, professional bettors take all kinds of information, from favorable betting lines to forum insights and social media activities.

Betting Mindset For Losses

One critical thing that further separates a professional from casual bettors is how they interpret losses. For a casual player, losing a bet might be a big deal, and they often change their priorities from enjoying the event to getting back their losses. This strategy is flawed at best because it creates a flaw in your betting strategy. Which can further increasing your losses.

On the other hand, professionals are generally unbothered with losses. When you take sports betting to the next level, you are sure to leave a trail of losses throughout your journey. So, for them losing is just part of the process. Instead they take time to review and understand the mistakes, rarely concerning the losses accumulated.

 

Budgeting Mindset

If there’s anything that further separates the gap between professionals and casual players, it’s bankroll management.

For most casual bettors, bankroll management may be the last of their concerns. At some point, you might be focused on getting big wins using large stakes regardless of whether you can afford it. Regardless, most casuals have varying degrees of understanding and preparation when budgeting their finances. But for professionals, they are inclined to an analytical and prepared approach.

Professionals see sports betting as a complicated chess game where strategy matters, and those that come well-prepared can win big. In this case, they already set out their estimated budgets weeks before the game. They do this by checking all available lines and doing math on their betting and wager minimums. After that, they estimate their budget based on the type of bets they want to take and how much they will lose.

And for emphasis, professional bettors only bet on what they can afford to lose. Losing everything is more likely to happen whenever you’re gambling than earning a profit. Professionals understand this, so they make all the necessary preparations to maximize every dollar spent on the betting lines.

 

Performance Over Fun

Professionals don’t bet for fun; they take sports betting seriously and value performance over enjoyment. This is not to say that they dread sports betting and leave nothing to enjoy; it only means that they value winning bets and performance while betting.

We think this goes over to the idea of emotions influencing your decisions. In most sports betting guides, emotion is a significant influencer on your decisions, and most casual bettors lose bets due to the lack of control.

That’s why most professionals avoid alcohol and sports betting. Instead, they stick to their plans, regardless of whether they enjoy it or not. And besides, after winning some wagers on your betting session, most professionals have fun and enjoy their profits.

At the end of the day, what you prioritize affects your betting journey. And for professionals, having fun is the last part of their list.

Goal Setting And Future Planning

Full-time bettors set various goals in mind, and they create multiple strategies focused on achieving those goals. Whether they’re aiming for the big bucks or higher win rates, their goals are often realistic, and it takes years to achieve them,

This type of planning requires a strong mindset and determination to become a professional in the betting industry. Applying multiple strategies and financial disciplines puts them closer to their goal.

Takeaway

Sports betting is a lucrative entertainment available for most. It caters to both casual and aspiring professionals to gamble towards winning big, and this article covers the variables that need to be considered as a professional bettor.

In summary, professionals calculate, sometimes cold, and value performance over anything else. Nevertheless, these are people with dedication and wit who take a journey that should be admired by many aspirants in the field. If you want to take a shot at being great at sports betting, then the traits mentioned above can help you out.

DraftKings vs. FanDuel: Which Sportsbook is Better?

In recent years, online sports betting has become increasingly common. However, with the proliferation of sports betting platforms, it can be difficult to choose the best one. DraftKings and FanDuel are two of the most popular sportsbooks in the industry. Both companies offer a wide range of sports betting options, including daily fantasy sports, online casinos, and sports betting.

So, how do you choose between DraftKings and FanDuel? In this article, we’ll compare the two platforms to help you make an informed decision.

Draft Kings

User Interface

When it comes to user interface, both DraftKings and FanDuel offer a sleek and modern design. However, DraftKings has a more intuitive interface, making it easier for users to navigate the platform. DraftKings also has a better mobile app, which is available for both iOS and Android devices.

On the other hand, FanDuel’s interface can be a bit cluttered, making it challenging to find the information you need. While FanDuel also has a mobile app, it’s not as user-friendly as DraftKings’.

Sports Offered

DraftKings and FanDuel offer a wide range of sports betting options. However, DraftKings has a more extensive selection, including international sports leagues like the English Premier League, which isn’t available on FanDuel.

Furthermore, DraftKings offers a variety of sports betting options, including live betting, which is not available on FanDuel. Live betting allows you to place bets on games while they’re still in progress, adding an extra level of excitement to the experience.

Bonuses and Promotions

DraftKings and FanDuel offer generous bonuses and promotions to new and existing users. However, DraftKings’ bonuses are more lucrative. For example, the DraftKings promo code 2023 offers a $1,000 deposit bonus for new users, while FanDuel offers a $500 deposit bonus.

Furthermore, DraftKings offers ongoing promotions for existing users, such as daily odds boosts, which can increase your winnings on select bets. FanDuel also offers promotions, but they’re not as frequent or lucrative as DraftKings.

DK Bonus

Customer Service

DraftKings and FanDuel both have customer service options, but DraftKings offers a wider range of support options. Their 24/7 live chat feature is one example of this. Additionally, DraftKings has a detailed FAQ section to assist users in finding answers to frequently asked questions without contacting customer support.

Additionally, DraftKings has a better reputation for resolving customer issues quickly and efficiently. While FanDuel also provides excellent customer service, it’s not as prompt as DraftKings.

Payment Options

When it comes to payment options, both DraftKings and FanDuel offer similar methods. However, DraftKings has a slightly more comprehensive range of payment options, including PayPal, which is not available on FanDuel.

Both platforms offer fast and secure payment processing, and there are no fees associated with deposits or withdrawals. However, it’s worth noting that some banks may decline transactions with online sportsbooks due to their gambling nature.

Security

Both DraftKings and FanDuel take security seriously, implementing robust security measures to protect users’ personal and financial information. Both platforms use SSL encryption to protect sensitive data, and they require two-factor authentication to log in to your account.

Furthermore, both platforms are licensed and regulated, ensuring that they operate within legal boundaries. DraftKings is licensed by the Malta Gaming Authority and the New Jersey Division of Gaming Enforcement, while FanDuel is licensed by the UK Gambling Commission and the New Jersey Division of Gaming Enforcement.

Verdict

After comparing DraftKings and FanDuel across various aspects, it’s clear that both platforms offer excellent sports betting options. However, DraftKings emerges as the winner due to its better user interface, a wider range of sports betting options, more lucrative bonuses and promotions, and superior customer service options.

Furthermore, DraftKings offers a more comprehensive range of payment options, including PayPal, and has a better reputation for resolving customer issues promptly.

However, it’s worth noting that FanDuel is still an excellent choice for sports betting, and its cluttered interface and slightly fewer sports betting options are not significant drawbacks.

Ultimately, the choice between DraftKings and FanDuel comes down to personal preference. Both platforms offer a great user experience, and it’s worth trying both to see which one suits your betting style better.

Conclusion

In conclusion, DraftKings and FanDuel are two of the most popular sportsbooks in the industry. Both platforms offer a wide range of sports betting options, including daily fantasy sports, online casinos, and sports betting.

While both platforms have their advantages and disadvantages, DraftKings emerges as the winner due to its better user interface, wider range of sports betting options, more lucrative bonuses and promotions, and superior customer service options. However, FanDuel is still an excellent choice for sports betting, and it’s worth trying both to see which one suits your betting style better.

The Most Challenging Sports to Bet On

Trade horses pre race

 The Most Challenging Sports to Bet On

Sports betting is a great way to add excitement to your favorite sporting events. Making a long term profit from sports betting however is a different matter.

Knowing which sports are the most difficult to bet on can help you maximize your chances of success. Taking advantage of bonuses such as the FanDuel Sportsbook promo code or other bookmakers however is the easiest way to make a profit without needing to know much about the sports you are betting on.

Here is a guide which explains how to do this.

In this article, we will explore some of the most challenging sports for betting. We’ll look at factors such as the liquidity of the markets, how competitive the betting markets are. Rules and regulation changes, things you need to be aware of for live betting.

Armed with this information, you’ll have a better understanding of how best to approach these tricky sports when it comes time for you to place your bets.

Soccer

Soccer is one of the most challenging sports to bet on due to the sheer unpredictability of outcomes. With so many teams and leagues around the world, it can be difficult to keep track of each team’s individual form and performance. The biggest league in the world such as the Premier League, La Liga and Serie A attract some of the sharpest bettors in the world.

Tony Bloom and Matthew Benham are example of sports bettors that have made millions betting on the popular football league. They did so by using advanced mathematical models and hiring large teams to find value in the markets. This means that betting on these league is extremely competitive and you are up against some of the sharpest mind sin the sports betting world.

Looking at live betting, soccer odds are constantly changing throughout a game due to different factors. Such as weather conditions and injuries. This means that bettors need to stay alert and pay close attention to how a match is unfolding if they want to make successful wagers. A single red or yellow card can drastically change the outcome of a match.

Finally, it is important to note that soccer betting involves more than just predicting which team will win a particular match. There are also wagers that can be placed on total goals scored during a game. Also you bet on the correct scores at halftime or full-time, both teams to score. Team totals there so many different ways to approach soccer betting.

These lesser markets such as player shots on target, total corners, total free kicks etc are easier to beat over the long and should be looked if you have access to them.

Trade horses pre race

Horse Racing

Horse racing is one of the most challenging sports to bet on due to its numerous variables and unpredictable outcomes. The performance of a horse in a race is heavily influenced by factors such as the jockey, form, ground conditions, pace, and more.

As each horse has different strengths and weaknesses, it can be difficult to accurately assess which will perform best in any given race. This makes it hard for even experienced bettors to make successful wagers.

Betting odds can change suddenly and without warning depending on various factors such as weather or track conditions. Betting on horses requires an intimate knowledge of the sport in order to make informed wagers.  This means following trends, researching recent results, and making sure you’re up-to-date with all the latest news from the world of horse racing.

Additionally, different tracks may offer different levels of difficulty, which require different strategies in order to make successful wagers. 

Finally, there are other variables that should be considered when placing bets on horse racing. Statistical analysis and formulating strategies for minimizing your risk over time. It often takes years of experience before bettors can confidently place wagers on horse races due to their ever-changing nature and unpredictability. Betting successfully on horses requires a great deal of skill, knowledge, and dedication in order to maximize your chances of success.

Which makes it one of the most challenging sports to master and bet on. If you are a beginner sports bettor that doesn’t have much knowledge of horse it is a sport that is best avoided.

Basketball

Basketball games are highly dependent on individual player skill, making it difficult to predict outcomes accurately. Betting on Basketball also involves a wide variety of options that require bettors to have extensive knowledge of the sport. 

For example, wagers can be placed on which team will win a particular game. Along with which players will score the most points or have the highest rebounds during a given game.

Additionally, basketball betting lines often fluctuate up until tip-off depending on things like injuries and line ups. This uncertainty can make it hard for even experienced bettors to make accurate bets early on.

In order to succeed when betting on basketball, it is important for individuals to understand not just the game itself but also how certain matchups play out between different teams. For instance, some teams may excel at offense while others may be more focused on defense. This should influence any bets placed as it could drastically alter the outcome of a match.

It is also important for bettors to pay close attention to in-game trends. These trends can indicate how the match might progress and potentially help them make more accurate predictions.

These are some of the most challenging sports to bet on. Due to the numerous variables that need to be taken into consideration when placing wagers.

When you bet on sports, it’s best to pick a sport you are already familiar with and do your research before placing any wagers.  Our advice is to find one sport you enjoy watching and specialize in it!

6 Strategies To Make Winning Football Bets 2023

Making winning football bets and consistently making money from sports betting, sounds like a great way to earn an extra income!

However is it really POSSIBLE?

Yes of course it is, there are people that make money long term betting on football.

In this article we are going to look at 6 strategies to make winning football bets in 2022.

6 Strategies To Make Winning Football Bets 2023

Follow A Proven Tipster

Number one – follow a proven football tipster that make winning football bets.

Sounds easier then it is!

There are thousands of football tipsters on the internet, the vast majority will tell you that they win. The truth however is that the vast majority will lose. Some of these tipsters will even work alongside bookmakers, making a profit on the percentage of losses from players they refer.

When looking for a tipster that provides winning football tips we look for the following.

Long Term Record ✔

Verified By Third Party ✔

Attainable Odds ✔

One tipster that check all these boxes is – Bookie Insiders Football (Neil Macdonald Tips.)

Bookie Insiders Long Term Results

Read Our Bookie Insiders Review Here

Another tipster that provides free winning football bets on Twitter is Bet On Value.

This Twitter account is one that we have been following and getting winning football bets from for a few years. the bets are very well thought out, expertly reached and overall profitable.

You can follow the account here.

If you are looking to find winning football tipsters with long term records, the two above are excellent.

Reacting To Team News And Events

Next up we have reacting to team news and events quickly, which can enable you to make winning football bets.

Especially in this era of covid. Reacting quickly to team news can be very profitable. This is because changes in team news, change the odds of a game.

For example a Liverpool team without Salah, Mane and Van Dijk is going to be lees likely to win. In comparison to a Liverpool team that has all 3 in the starting line up.

6 Strategies To Make Winning Football Bets 2022

Above is an example of the change in odds for Arsenal. When a starting line up without key players was released. The odds drifted as the betting market realized Arsenal would be less likely to win.

If you can get information earlier then the rest of the market, this is a great way make winning football bets long term.

Betting Live At The Game

Moving on to the third strategy, which is maybe one you hadn’t considered.

Within today’s betting industry there is a massive focus on live betting. There are markets for cards, corners, player passes, player shots, throw ins etc.

A lot of these in-play markets are present even in lower league football. Where are there are not as many eyes on the game and bookmakers data feeds will not be as quick.

Make Winning Football Bets Bet365
Your focus could be on corner markets.

This can create an opportunity for someone that is live at the game!

Whereas the data provider will be waiting for the referee to give a yellow/red card before it can be sent to Bet365. If your watching the game live and its obviously going to be a card. You can look to process your bet ahead of them.

Potential penalties, dangerous free kicks, obvious fouls with should result in a card. There are multiple angles to look at from a live perspective to create an edge.

This is also known as court siding and is popular in other sports

Click Here To Receive Free Betting Tips From Proven Winning Tipsters

Matched Betting – Lowest Risk

On to the fourth strategy, this strategy is a little bit more well known but extremely effective.

You want to make winning football bets that avoid any type of variance?

Matched betting is the answer!

This involves using bookmaker promotions and free bets that make money over the long term.

For example Bet365 like to hand out £5 free bets every weekend on the Premier League.

6 Strategies To Make Winning Football Bets

By backing a Premier League selection with the £5 free bet and laying it on an exchange. There is the ability to guarantee a profit no matter the outcome.

In the below example £3.93 is guaranteed from a £5 bet.

Image courtesy of Oddsmonkey Matched betting service

£5 free bets are also on the lower scale. There are also £50, £25 and £10 free bets handed out by bookmakers like Bet365.

Making matched betting an excellent strategy for making money from the football betting markets.

Click Here To Learn Matched Betting

Arbitrage Betting

Next on the list of winning football betting strategies is arbitrage betting!

Have you ever wondered how do I win a bet every time?

Is this even possible?

Arbitrage betting is a strategy that actually does allow you to win every bet you make.

This strategy allows you to cover all outcomes of an event to guarantee a small profit on your stake. Usually ranging from 1-5%. Which may not sound like a lot however used consistently these small profits quickly add up.

Image courtesy of Oddsmonkey Matched betting service

It differs from matched betting as there is no free bet being used. The profit comes from the difference in odds.

In the example above over 2.5 goals with William Hill is 1.89, whilst the under 2.5 goal market is 2.2 with Bet365. By backing both these outcomes a profit of £3.32 can be locked in no matter the outcomes, using £200 in total stakes.

Arbitrage betting is a great low risk if your looking to make winning football bets.

Value Betting

Last but certainly not least is value betting!

Value betting involves using the betting markets as an indicator to highlight value with bookmakers that are lagging behind.

Rebelbetting Graph

Image Courtesy Of Rebel Betting

This strategy is based on the theory that sharper bookmaker (which take money from winning bettors), Are better at adjusting their odds then soft bookmakers (which ban winning bettors.)

By following the odds movement at the sharp bookmaker and betting exchanges (Pinnacle, Betfair). Value can be identified with the soft bookmaker (Bet365, William Hill etc.)

There is a large amount of data which shows this strategy is a winning one over the long term.

Click Here To Learn Value Betting

Conclusion

There you have it 6 strategies to make winning football bets in 2022.

These strategies can allow you to become a successful football gambler going forward.

Covering multiple different angles depending on your risk approach. Any winning football betting strategies that we have missed out or you want to share.

Comment below.

 

 

(This article features affiliate links. This means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you.

I use or have used any product I review. If I recommend them it is because I believe they are helpful, useful and offer value to their customers.

Please do not spend any money on these products unless you feel they will give you value or that they will help you achieve your goals.)

5 Profitable Online Sports Betting Strategies

The sports betting markets offer a lot of opportunity for those that know the right sports betting strategies.

Names such Billy Walters, Tony Bloom and Zeljko Ranogajec have made millions in profit from betting on sports.

What are the profitable sports betting strategies you can use to make money?

In today’s article we brought in a professional sports bettor to answer that question!

Bonus Offers

The first profitable online sports betting strategy will we look at is taking advantage of bonus offers. This is one of the best strategies to get you started as it is easy to learn, low risk and can bring in regular profits.

Lets take a look at an online sports betting bookmaker like Bovada. Which is a bookmaker that is renowned for some of its generous bonus offers.

Bovada Bonus

Bovada much like other bookmakers offer a sign up bonus and regular recurring bonuses. These bonuses can often be used to guarantee a profit from a strategy known as matched betting. They can also be used to boost your bankroll if you want to do straight forward value betting.

Sports Arbitrage Betting

The second sports betting strategy on the list is arbitrage betting.

Sports betting arbitrage is a great strategy that looks to cover all the outcomes of an event and guarantee a small profit regardless of the outcome.

Sounds almost too good to be true right!

Let’s take a look at an example of sports betting arbitrage in action.

Sports Betting Arbitrage

In the above picture you can see there is a horse running today called “Tommy Cullen.”

This horse is available to back at odds of 1.8 with a bookmaker called 32Red and a lay bet is also available on the Betfair exchange at 1.69. A lay bet is basically the opposite of a back bet, we are betting that something will not win.

Sports Arbitrage 2

Using the sports betting arbitrage calculator from Oddsmonkey, we can bring up the stakes that we would need to use in order to lock in a profit across all outcomes. 

Sports Arbitrage 3

Due to the fact we were able to back something (bet to win) at higher odds 1.8 then we layed it 1.69 (back to lose), a profit of £5.62 could be guaranteed from a £100 bet.

This is the beauty of arbitrage betting, it removes the risk from sports betting and enables you to make small consistent profits.

Value Betting

Third on the list of profitable online sports betting strategies is “Value Betting.”

Value betting is a strategy that uses the sharp bookmakers and betting exchanges as a marker for where value may exist at other softer bookmakers. The theory behind this is that bookmakers that limit and ban players, known as “soft bookmakers” are less efficient at correcting their odds.

Whilst sharp bookmaker that take winning bettors usually have odds that are closer to the true probabilities of an event happening.

Above is an example of what a value bet looks like. 

Venezia are 3.23 with the sharp bookmaker Pinnacle and are 3.5 with a soft bookmaker. The difference in odds between the two bookmaker indicates there is value in backing Venezia.

Click Here For Our Guide To Value Betting To Learn More

 Betting Tipsters

Next up on the list is using betting tipsters to make a profit. 

There are thousands of betting tipsters on the internet and unfortunately the majority of these tipsters will lose you money in the long term.

If you want to make money from betting tipsters then you are best of going through a website that proof’s tipsters to make sure that they are profitable first.

Betting Tipsters

Two websites that I like to use are the Smart Betting Club and Betting Gods network.

Both of these websites will run “proofing periods” to see whether or not a tipster is really profitable. Looking at whether the odds they tip up are really achievable or not.

Team Information

Last on the list of profitable online sports betting strategies is using team information to make value bets. 

Betting odds change due to new information entering the market however there are some times when you may have information before the majority of the market.

When this happens you can use it to either make a profitable value bet or even sometimes use it to lock in a guaranteed profit due to the odds movement. Similar to arbitrage betting.

Below is a video explaining the strategy and showing how a £400 profit was locked in before the game kicked off.


There are several factors you can look which can help you profit.

  • Player Injuries
  • Contract Issues
  • Player transfers
  • Managerial changes
  • Weather conditions
  • Team rotation

You don’t have to be the first person to get this information either. If you can react to this information quicker then the majority of the market you put yourself in a good position to make a profit.

Conclusion

There you have it 5 profitable online sports betting strategies that will help you to earn a profit. 

Whichever level you are at as a sports bettor their are strategies in this article that should help you make money. Beginners should probably focus on the first two. Making money from bonuses and arbitrage betting.

Those that are a little bit more advanced could bring in value betting, betting tipsters and profiting from team information. These 3 additional strategies can really increase your edge in sports betting!