The betting industry is vast and is worth a lot of money. Every year, people win and lose millions of dollars on wagers. Anything that has a potential stake, with different possible outcomes, and you’ll be sure to find a group of individuals putting large sums of money into what they think what might be the outcome. People place bets on anything from somewhat unusual events, like chicken fights, to more mainstream ones, like horse races.
Whatever the choice may be, apart from the sheer thrill of it all, there is a lot of prospective money to be made. Billy Walters, for example, is reported to have made millions of dollars by betting on sports. Tony Bloom and his syndicate allegedly make up to £1 million from one football match.
A good way to describe betting would be “strategic art.” If you have been involved in any wager before, you’ll know that winning involves a lot more than just chance. Sure, there might have been times where you’ve completely lucked out, when you’ve rolled the dice, and things just happened to work out in your favor. But if you want to get seriously involved in the betting industry, and make it big, you can’t just leave everything up to lady luck. You need to employ strategies, analyze the odds and make careful, calculated moves if you want your bet to be a lucrative endeavor.
Poker players, for example, have no control over the hand they’re dealt. What they can do is control the outcome based on what they’re given, they must gauge the strength of their hand and how much potential equity it possesses, how much to bet, or when to bluff or fold. There are some moves you can make such as the semi-bluff or the over bet, that could yield different results in a different situation.
Betting on football too, is widely popular, especially in European nations, and more recently, in Asian countries as well. Someone unfamiliar with football betting may think it’s pretty straightforward – with two teams, the only possible outcomes are either win, lose or draw, right? This, however, could not be further from the truth.
Betting involves more than just putting some money on your favorite team and hoping for the best.
To begin with, there are several types of bets in the world of soccer betting – under/over, Asian Handicap, double chance, etc. with each involving their own tricks and strategies that you need to familiarize yourself with, in order to beat the bookie, and these are just examples of in play bets. Whatever the type, they all involve careful and meticulous calculation of odds and probabilities, based on in-depth analysis of several factors, like current form of the payers, formation, past encounters, and so on. Bettors are also always on the lookout for value bets, where the punter believes that the odds offered by the bookie are in reality, less or more than the probability of that outcome occurring, giving them the upper hand.
Betting, as you can see, is constituted of more than just a series of random events and prayer.
To be a smart punter, you must develop a proper system based on experience, trial and error, and most of all, patience. Or we recommend you to consider some verified soccer tipsters services to get some professional betting tips.