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Protect your bankroll like a pro with these 7 easy betting tips
Discover 7 quick tips to help any football betting guide for beginners. Easy betting tips and tricks to save time, protect bankroll and increase returns.
Published on 05 January 2017
Updated on 13 January 2018
Betting Tips for Today's Football
Find more value in your next football bet. You could gain a betting edge by checking out the tips and stats for today's and tomorrow's fixtures...
As a newbie or beginner it’s sometimes difficult to know what you need to know before you can start to make sensible betting decisions.If you need more help; check out our betting fundamentals for beginners section within the Expert Betting module.
It’s much more difficult when you do not have a clue about the things that you do not know. Ignorance is more often than not the major problem, which affects many betting beginners before they can even start to fill their first online betting slip.
This short football betting guide for beginners will provide information on the following:
* Bankroll for sports betting
* Casinos and online games
* Learn how to bet on football online
* Chasing losses
* Soccer betting tricks
* Finding the best odds
* Football analysis and predictions
1. Decide on a starting bankroll for sports betting
This is all about using your available funds in the most sensible manner. You should allocate an amount of money that you can comfortably survive without and use that spare money as the foundation of your sports betting funds.
Once you have chosen an amount of money; it is important that you consider bankroll management and you do not change the amount of betting money allocated. In my opinion, you should keep your chosen bankroll constant. Do not increase your bankroll or change your betting pattern under any circumstances.
Betting is an uncertain activity and there is a real risk of losing some or all of your funds due to variance, unforeseen circumstances or just good old fashioned bad luck. You should always keep your day-to-day living expenses independent from your football betting and your sports investing. Keep your betting funds separate.
2. Stay away from the bright online Casino lights. Randomness will reduce your bankroll
If you do not understand betting or the true nature of randomness; stay away from the instant winning and losing games, such as all lotteries, online casinos and all random games on sportsbooks or bookmaker websites.
Do not become someone that says, ‘I lost all my money at the casino’. Gambling can be fun and waiting to see what happens with a bet can feel truly exhilarating. However, true games of randomness are unforgiving.
Anything that is truly random will result in you losing your money over the long-term. You may get lucky and return a profit over a short period, but over the long-term you will almost certainly lose your bankroll.
3. Follow the rules and learn how to bet on football online
Learning the nature of football soccer or any sport will allow you to understand the type of outcomes that are realistic and the kind of betting markets that can yield some real profits. It will take time to become knowledgeable and an expert, but the prize for truly learning your craft could be life changing.
4. Chasing losses will lead to the poor house
When you win, you win. When you lose you lose, but you should never try to win just because you have recently lost a bet. There is something about winning and losing money that affects some people more than it affects others. A loss always feels more negative than a win feels positive. This is irrespective of the money involved. For some reason, when we lose money, we feel it more than when we win the same amount of money.
Do not ever chase your losses. It is difficult to learn how to bet on football and always win. So, how do you recognise if you’re chasing your losses? Chasing your losses means than you’re trying to win money just because you have recently lost money.
To repeat. Do not ever chase your losses.
5. Soccer betting tricks; promotions and bonuses
Online sportsbooks and bookmakers provide a variety or promotions and bonuses for new signups and existing customers. Take the time to explore the more reputable online sports betting locations, so you can ensure your hard earned money is protected by a legal betting establishment.
You can take the time to use the free bonuses provided by online sportsbooks, as a means to increase and enhance your potential winnings. However, you must ensure that you read the terms of any online betting promotion or bonus to make sure that you’re meeting the minimum requirements, so there are no surprises with the winnings and returns that you believe you’re due.
6. Find the best odds when using a betting guide for beginners
Shop around and find the best odds before you place your bet. This will require to have a number of online accounts. It will also require you to be organised and understand where to make your selections and place your bets. Over the long-term it can make a tremendous difference to your returns if you’re able to find an online sportsbook or bookmaker that is offering higher odds on a bet that you want to place.
For example, if you’re able to find a bookmaker offering you 2.20 instead of 2.00. This would provide a 20% increase in your potential profits. This increase in potential profits is just multiplied further when you’re looking at lots of bets over a significant period or when making multiple bets at the same time for accas (accumulators) or other multi-part bets.
7. Football analysis and predictions
Using football analysis and predictions can allow you to find some of the best betting selections. VIP membership could help you to find a number of betting options. This would allow you to find different and unique selections that other people may not have found. Greater value can be gained from originality in your selections and also allow you to make different choices than the majority other bettors and punters. Providing more opportunities for increased returns. Originality and accuracy of your selections will provide higher value and earn you a larger return over the long-term.
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