If you don’t have a plan when starting out with sports betting then you’re going to end up being up the creek without a paddle. Going into sports betting blind will mean that you’re not going to get any of the outcomes you hope for. This is because you need to understand the odds, game, data and more, all to make calculated decisions. However, the odds are a great indicator with regard to specific sporting outcomes and should always be checked. So, if you’re planning on placing a bet on premier bet Malawi or other sportsbooks, make sure you understand the odds first.
Betting on the underdog
Now, one of the best strategies when considering the odds is finding value betting. This can be hard, as sportsbooks do their utmost to check and analyse the data to get their odds correct. However, if you can find an underrated, yet quality player who is likely to score a goal, even with long odds, you could be in for a winner. Using value betting effectively means that you will have to keep an eye on the details though, as well as have the time to sift through all the odds.
Hedging your bets
Another option when navigating the odds, is to hedge your bets. This means betting on different possible outcomes using multiple bookmakers. For instance, on one bookie you can bet that one team will win, and then on the other you bet that the opposing team wins. This means that no matter which team wins, you will also win. However, you do need to make sure that you’re getting the best odds for both outcomes so that you don’t end up breaking even. This is why you need to compare odds across different sites first.
Go against the grain
Another option when there are many people betting on the same outcome, is to do the opposite. Also known as fading the public, it can be quite beneficial to be different. This is because it’s often known that the public often place sentimental or biased bets. If you take the time to look at the odds and analyse them objectively, you may find that the inflated odds are skewed to favour the way the public is betting. So, you can go the opposite and potentially get a good payout from a win.
Playing in the moment
Finally, you can also consider live betting. Yes, the odds are always worse during in-play or live betting, but you have more flexibility. If you’re paying attention to the action and are able to be quick-thinking when it comes to your bets, you can read the game as it happens. You will need to be quick and decisive with some bets though, as the opportunities will pass.
While these are all strategies to navigate sports betting in a smarter way, none are guaranteed to give you a win.