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How to start your successful sports betting or professional gambling journey
From zero to sports betting profitability, what do you need to do to become a soccer betting professional with the aim of winning over the long-term?
Published on 17 May 2019
Updated on 17 May 2019
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How to be a successful sports bettor or professional gambler
Is it possible to become a professional sports bettor after being a recreational punter for years? Can people change from a life of betting on favourites with little or now skill to a smart money bettor, who can reduce their betting mistakes?
If you want to consistently earn sports betting profits from bookmakers or betting exchanges, you need a remarkable amount of discipline, while maintaining a self-restraint approach to statistics gathering and research (...strongly found in football betting).
Why should you listen to this advice?
We have many people using this site; some are at the beginning of their betting journey and others are more knowledgeable and understand how to place their bets with maximum efficiency and effectiveness.
This means I have seen a great number of punters and many disciplined bettors visit the site and use different techniques to grow their bankroll.
A substantial part of my daily activities come from providing bettor services, which can help them become more successful and therefore, I have seen specific traits, which seem to exist within the more successful and competent sports gamblers.
This post will provide more details on how you could become a sport betting authority by taking betting actions in much the same way as the more professional and the more successful sports bettors.
If you wish to earn a living (with the dream of banking the cash below) through betting activities, you need to focus on several key areas.
You need to practice because ‘Practice makes Perfect’
As a newbie in the gambling industry, when you start placing bets on football matches, you may have little to no knowledge of the available markets which is why practice is vital.
Look for a piece of paper, write out your chosen markets and keep a note of wins and losses. By doing this, you’re more able to gauge your knowledge and your understanding of the different betting markets.
If you find yourself continuously losing; that may be a sign you need to change your chosen or preferred betting market or perhaps you should seriously consider stopping betting altogether.
Rinse and repeat this process until you’re 100% positive.
Check how you have performed after placing 10 bets. Always track all of your bets, so youcan’t lie and convince yourself you’ve made a profit when it’s clear that you’re really significantly down.
Do the same exercise after 20 bets, 50 bets and 100 bets.
You need to have enough personal betting data to recognise your betting patterns of wins and losses. There may be some bets or odds ranges, teams or competitions where you have an above average success rate for your selections. Whereas, other bets may be far below the average.
This simple, but often overlooked exercise will be an essential indicator of your weaknesses and your abilities and should give you the self-confidence to bet or even dissuade you from being a proficient gambler completely. You might have a hunch but it’s best to let your personal betting statistics show you the answer.
Plan and control your bankroll
If you want to make a profit as a skilled gambler, this is one of the most important factors you will ever need to consider.
Initially, you need to simply stake within your means.
When punters learn how to be proficient gamblers, they often watch and listen to other more successful sports bettors, who have demonstrated how to manage their bankroll.
Initially newbie sports bettors disregard the significance of bankroll management, but the more newbies bet without a plan, the more they lose, and it becomes clearer and clearer, there is only one way to maintain a successful (and profitable betting career).
Bankroll management is a fundamental skill
You need self-restraint and discipline to be successful in the betting industry. You need to limit your bets to three vital stages which are 5%, 2% or 1% of your bank. The decisive factor in which stakes are selected from these three should depend on your confidence in landing the bet.
The major reason for regulating stakes to the above percentages is to weather any kind of storm that arrives sooner or later.
And it will surely arrive.
No matter your level of expertise, you’ll surely lose bets. By staking to these percentages, you’re often able to manage your losses and prevent any scenario that may wipe out your entire bankroll, if you have no bankroll management plans and you risk a large percentage of your bank on each of your bets.
This might seem exciting, but in most cases, you’ll find out that after losing money, you may select bets that you would not have selected if you were rational and had not lost large proportions of your bankroll.
Sometimes emotions take over and value and expected value considerations are not made. This means that you will often make choices in the heat of the moment, which would not have been made if you had not lost the previous bets.
In most cases, professional sports gamblers have gone through a similar meltdown at least once in their lifetime and we have numerous emails to prove this may happen several times for many punters.
Fundamentally, the previous percentage recommendations do not have to be identical to the above example, but everything should be managed with a plan according to your current bankroll, as unforeseen losses WILL occur.
Therefore, it is vital you always follow your wagering plan and bankroll management plan.
You need thorough research before successfully placing bets
It’s imperative you know what you’re placing bets on.
There are numerous websites out there, which provide in-depth betting stats and OPTA stats, which can be used to make sensible value-based betting decisions.
There are also several betting forums which can be more than helpful. A perfect example of research which aided one of my bets was the match between Benfica and Moreirense in the Portuguese League Cup.
At that time, Moreirense was camping at the bottom of the league and as they miraculously went 1-0 up against Benfica, my instinct immediately was to back Benfica even at 1-0 down.
Nevertheless, a quick glance on any reliable soccer data site reveals that their League Cup is divided into qualifying groups and the current match was not classed as a must-win for the Portuguese giants Benfica. Hence, the more sensible bettors did not back Benfica to win from a goal down and as luck would have it, the match ended in a 1-1 score draw.
A proficient gambler’s knowledge of football games is crucial as it may reveal things about a football match that others can’t see.
Shining illustrations of this would be the altitude in the South American leagues. Most South American teams who play in the intercontinental championships often suffer a great deal from playing at an altitude they’re not used to.
During the 2012 Copa Libertadores competition, it didn’t come as a surprise to see Bolivar defeat Santos 2-1 in La Paz or the fact that Deportivo Quito defeated Universidad de Chile 4-1 in Quito.
The more successful punters among us, saw it coming, because playing in terrains like La Paz or Quito; two of the highest capital cities globally, will be big trouble for teams like Santos and UDC who are not accustomed to such atmospheric conditions.
Some guidelines to improve your sports betting
To be a successful and professional gambler you need to adhere to the following guidelines and bet sensibly with restraint:
• Be strict with your betting and research
• Do not chase losses
• Do your RESEARCH properly and don’t depend on other people’s tips
• Find the perfect VALUE in odds, this may not necessarily be the winning team.
• Practice before making use of real money
• Compare odds from several bookies to get the perfect odds
• Keep a record of your winnings and loss ratio
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