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How to use 3 realistic soccer betting tactics to make money online?
Is making money from home using soccer betting realistic? If so, what do we need to do to make long term bankroll growth a realistic possibility?
Published on 16 March 2019
Updated on 16 March 2019
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How to make money from home?
Yeah. I bet you’ve asked that question a lot of times, but sports betting is not a risk-free approach for you to make money online. It’s a very high risk and potentially high reward activity, which should not be relied upon by most amateur sports bettors.
You should not believe that you can earn money at home only betting on football without some serious and intense learning.
However, if you’re committed to learning how to develop your soccer betting (and sports betting potential), you must understand the 3 key betting methods, which can deliver profitable bankroll growth.
The only profitable betting strategy
There are only three realistic approaches to make your betting dreams real and all require a single betting strategy.
This strategy is a personalised and unique betting system, which helps you create a soccer and sports betting approach, which is different to normal punters. Therefore, allowing you to place better selections, which will help you to find more betting value.
The 3 realistic methods to make money from soccer betting
There are only 3 options for football betting, which can realistically provide you with a chance to make money. The options are:
1. Value betting and using expected value to find selections and betting options
2. Matched betting, which helps use the bookmaker promotions to improve bankroll
3. Arbitrage to secure and lock in profits based on the bookmaker odds and betting exchange odds
Let’s review the different options:
Value betting and using expected value to find selections and betting options (h2)
Using value and expected value is the only way to make realistic money and making sure the way to finalise profits and potential bankroll growth over the long term.
When you review the different betting options, the first thing you must review is the likelihood of a successful betting result based on historical and statistical information provided within your betting statistics.
This means you can make a value judgement on the selections, which are based in part on the odds from the bookmaker and calculation of your edge over those odds.
If you can consistently place bets using a value approach and your edge calculations are accurate, it is almost inevitable for you to profit over the long term when expected value is on your side.
However, this is really based on your ability to understand the probability of your selections over the long term. You need to truly understand your ability to make accurate assessments of the true probability of an event occurring and therefore, the real expected value based on that event.
Matched betting, which helps use the bookmaker promotions to improve bankroll
Matched betting is the classic betting tactic favoured by millions and has become extremely popular in recent times. The approach to use bookmaker promotions and odds variability within betting exchanges to pursue profits is a realistic option for many bettors.
However, using bookmaker promotions sometimes contains many risk and underlying issues. Much of the issues are based around the rules and terms provided by bookmakers, which means you may have to turn over your winnings a significant amount of times before you can withdraw any money from the bookmaker.
‘Turning over’ your winnings may require you to keep betting your profits a certain number of times before the bookmaker will permit you to withdraw any of your betting proceeds gained form the bookmaker promotions.
This is a serious risk, as you must maintain your betting discipline over an extended period where bookmakers and sportsbooks are always on the lookout for bettors making smart money betting decisions, as it demonstrates where they should be taking a deeper look at sensible bettors.
Arbitrage to secure and lock in profits based on the bookmaker odds and betting exchange odds
Using arbitrage is the final option to secure betting profits. Arbitrage is based on finding selections which can guarantee profits when a wager is placed on a specific event. The only way to accomplish profitable arbitrage (and profitable exchange trading) is to track odds across bookmakers and betting exchanges. Either using a uniquely created modelling program or using an off-the-shelf product, which can help you to identify profitable arbitrage and trading opportunities.
There are potentially hundreds of arbitrage options over a given week, which means it’s possible to identify and secure profitable betting transactions on a regular basis.
You need to understand the reason behind a selection based on probability and the overall likelihood of a correct selection rather than simply finding someone that can give you that selection without any effort by you.
By the time someone has identified a possible selection this usually means any profitable arbitrage option has been reduced by everyone placing bets on the same betting opportunities.
How to choose the best selections for value betting, arbitrage betting and matched betting?
Choosing the best selection for each of the different methods is very similar across the board, Some of the betting options require you to know more about the fundamentals of the selections and teams within each match.
Whereas the other selections are often based on how the different bookmakers and betting exchanges price matches and odds aggregation services can provide this level of information.
The fundamentals of profitable betting
Odds are related to the probability of an outcome within a football match (alongside a bunch of other factors, which are often ignored by the betting public). However, odds should not be the primary reason for your bet.
For you to secure any long-term profit, the odds cannot dictate whether you should bet but determine the likelihood of an event occurring. This likelihood is then compared to the odds, which should indicate a defined reason for you to wager your funds. Otherwise, it’s not advisable for you to place bets around different selections if this is not the best reason for placing the bets.
Profitable betting is based on the methodical analysis of an event and concerning yourself with value and calculated risk across several different selections.
Using a calculated risk approach means your betting portfolio is varied and often unique, which is more likely to provide an open invitation for you to place more bets across a range of different selections than the majority. This can provide more areas to secure more value and help you become more knowledgeable about unpopular betting markets. Therefore, providing greater profit potential over the long term.
Individuality is a good thing in sports betting, as value based on miscalculated odds or a lack of attention can cause profitable betting situations for bettors who want to put the hard work in to test and eventually find their football betting niche.
In summary, never use bookmaker odds as the only reason for your bets. Instead, use the soccer betting statistics and soccer prediction models, so you can identify realistic odds for the selections based on the probability of the outcome and historical examples of repeating situations.
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