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How to compare football betting with financial betting for bankroll growth
Can you make money by performing financial betting alongside your football betting? Do you need to understand the markets before a financial betting wager?
Published on 05 April 2019
Updated on 05 April 2019
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What to do before you start looking at financial betting?
If you’re new to sports betting or football/soccer betting; I strongly suggest you do not even think about risking money financial betting.
If you have more experience than a novice and you’re looking for key betting strategies to use with different types of betting (US betting, European betting or Asian betting), then you’re in the right place to check out the iwinsoccerbets blog, soccer betting statistics and match tips.
Before considering any financial betting, you should understand the basics of betting using the US moneyline, so you can see how traditional event and outcome betting works.
If you don’t understand moneyline bets; you should cast your eyes over this post, which provides my take on the key things to understand about moneyline bets and how to decide on your next moneyline wager.
Within moneyline betting, a simple selection between two teams is made; one team will triumph over another team using the bookmaker’s or sportsbook’s implied probability of the outcome. This simple win or lose betting is the cornerstone of financial betting and the use of positive ‘+’ and negative ‘-‘ symbols further helps to demonstrate the similarities.
What is financial betting?
Coming from a football betting enthusiast, I can’t say that I’m an expert in financial betting, but this brief overview and comparison between football betting and financial betting.
This should give you a basic knowledge, which can help you to make an informed decision before you perform more in depth independent financial betting research.
You’ve probably seen the graphical representations of the worldwide stock markets going up, going down and repeating that cycle over time. The image above is a good illustration of this continuing financial market movement over seconds, minutes, days, months and years.
The market fluctuations are continuing corrections based on company information, news, reports, market data and therefore, the overall economical position of industries and countries. The graphical charts show the real-time view of the economic cycle of expansion and contraction, boom and bust throughout the decades.
Financial betting is for all intents and purposes, the simple wager on the market movement; will a specific financial index, such as the FTSE within the UK or the NYSE within the US, a specific company’s stock or a specific currency increase or decrease in value within a set measurement period.
If you compare this to soccer betting, particularly moneyline markets, we can see there is a similarity between the line values provided by bookmakers, which state how much the punter stands to win based on a $100 bet or how much the punter would lose based on the same wager. This provides a good way visualise the difference between the two positions and therefore, helps you to decide on probable outcomes.
Obviously, you should only base your decisions on soccer betting statistics, but the presentation of the selections with a positive position or a negative position is very similar to the market movement for specific companies, currencies or financial markets.
Some people may believe the main difference between financial betting and football betting, is that values of stocks, currency and the overall markets they operate within, continually fluctuate throughout a trading day.
I would argue that the fluctuation of sports betting odds and the moneyline, which change at various points based on team news, money wagered on events and public opinion.
How do you use betting platforms for financial betting?
You must approach this with extreme caution!
You can place bets based on the movement of the markets, exchanges rates and stocks over a specific period, a few minutes up to a days trading. This means that you have the possibility to win or lose significant amounts of betting funds over a short period.
If you’re betting on what happens in 5-minute increments, this means your bet will be closed and processed within 5 minutes. Combining this with the constant price movement means that you could experience greater bankroll fluctuations within 5-minute periods rather than longer betting periods experienced within match outcome sports betting.
If we look deeper into sports betting and think about real-time betting, it’s clear that the cash out facility for real-time betting brings the similarities even closer. The constant movement of the attack against defence, free kicks, referee decisions and other in-play events will all affect the flow of the match and ultimately the cash out offered by bookmakers.
Using the much shorter betting timeframe within soccer betting and financial betting both offer a potential risk and one that should be seriously considered before any real money is wagered!
Is there a valid financial betting strategy?
Possibly…I know this is not what you want to hear.
I’m sure you want me to give you the ‘keys to the betting kingdom’, so you can quickly and profitably place bets on the financial markets.
Unfortunately, all betting is very difficult and requires 100% dedication and a strong will to ensure you’re not any of the 20 common betting mistakes, but also that your betting foundation value rather than a guess (or prediction) about where a specific stock market, individual company stock or foreign currency will end the trading day.
The probability of an increase or decrease in stock, currency or market values should be greater than the implied probability based on the bookmaker odds.
This is 100% identical to soccer betting and is the only reason why I have included this post within the iwinsoccerbets blog. This post is a long way of saying the same thing, but everyone reading this blog and using the soccer betting data should understand…
Playing the financial markets using bookmakers is all about value betting and potentially covering your position using hedging techniques found within arbitrage betting. The same rules apply to the financial markets, you’re just betting against financial performance rather than goals scored and match results, which are translated to team performance.
Be careful when trying new betting markets but keep an open mind to discover how soccer and financial betting markets work. It’s not necessary to risk money before you understand how sports betting and financial betting principles can help you assess real-life probability.
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