There is a lot of skill and strategy that goes into being a long-term winner in sports betting. We discuss them in this guide on proven strategies for consistent winning: tips for betting success.
So many bettors love to wager on their favourite team or players or accumulate odds to find a huge earning. There is nothing wrong with doing this if you’re just betting for fun and not for profits, but it usually ends in losing more cash than you earn.
Our article will show you how to follow those proven strategies, by sharing some 100 percent winning tips and systems you can apply to increase your profits and make your predictions better.
We’ll talk about concepts like hedging, betting the middle, betting against the public, and the zig-zag theory. You’ll also get some tips for general tips for betting success when wagering on any sports.
Keep reading to discover ideas beyond anything you’ve tried before as a sports bettor. Furthermore, if you need a Winning Prediction Site to practice what you learned in this article, you can use MatchPlug.
Read: The Art of Sports Predictions: Tips to Increase Your Chances of Success
20 Proven Strategies For Consistent Winning: Tips For Betting Success
- Hedging
- Dutching
- Arbitrage betting
- Kelly criterion
- Zig Zag Theory
- Fibonacci betting system
- Poisson distribution
- Outliers
- Fading the public
- Betting the middle
- Chasing steam
- Supporting heavy favourites
- Use winning streaks
- Accumulators and system bets
- Money race
- Wagering on a draw
- Betting on late goals
- Backing live games
- All-in-one odds at 1.20 strategy
- 1X on home outsiders
Read also: Top Tips For Making Accurate Sports Predictions
Proven Strategies For Consistent Winning: Tips For Betting Success
What is the most successful betting strategy? In this section, we answer this question by sampling some of the Must win tips that have been proven and confirmed to work for betting success.
1. Hedging
Hedge betting involves exploiting movement in odds for wagers you already placed. Here you bet against yourself. This means if you have just one leg left and won the previous legs, you can place a lay bet for the last outcome to ensure a profit.
Hedging is often used for future bets where the odds on your bet change significantly in your favour as the season goes on, or in large parlays where you won most of your bets and have one or multiple wagers left to play.
2. Dutching
Dutching can sometimes describe a set of bets that are sure to get you a profit if you win just one of them. This refers to hedge and arbitrage betting.
This concept mostly applies to horse racing, where you can back multiple horses in a race or tournament. Provided that one of the horses wins or places, you’ll get a payout.
You can also use dutching to adjust the size of your bet so that you earn the same amount, no matter the result.
3. Arbitrage Betting
Arbitrage betting or arbing requires you to wager on two outcomes of an event, to ensure a profit. What you should do is identify bookmakers providing opposite odds on an event. By backing both sides, you’ll win no matter the result.
Most bookmakers update their odds regularly, which makes finding arbing opportunities difficult. You must be fast when you see one.
4. Kelly Criterion
Kelly Criterion is a formula that helps you calculate how much to stake when the odds favour you. Below is the equation for Kelly’s formula:
- (BP – Q)/B
- B = the decimal odds – 1
- P= the probability of success
- Q= The probability of failure – which equates to (1-P)
After getting the probability of the success or failure of an event, you can use Kelly to know what percentage of your bankroll to wager.
For instance, if you say the chances of Player A defeating Player B are 65:35, and the sportsbooks’ decimal odds are 1.70 for Player A.
Use the formula to calculate those numbers to get the percentage to bet.
Plug those numbers into the formula to determine what percentage of your bankroll to wager.
- (BP – Q)/B
- Example: (0.7 x 0.65 – 0.35) / 0.7 = 0.15.
- The formula advises that you stake 15% on Player A.
5. Zig-Zag Theory
The Zig Zag Theory applies to NHL and NBA playoff series betting. This is because both leagues practice a 2-2-1-1-1 playoff format for home and away games.
The higher-seeded team will play the first two games at home, including the 5th and 7th matches too if needed.
This theory runs on two major concepts. First, home teams have a better advantage. Second, when coming off a defeat they typically play harder and stand a statistically better chance of winning. It works well if the team is playing at home and is coming off a loss too.
See: How To Develop A Winning Strategy For Football Predictions
6. Fibonacci Betting System
The Fibonacci Betting System is a negative progression betting system. The thought behind it is for you to up your stake after a loss and reduce it after a win.
Fibonacci believes that betting more after a loss can help you recuperate the money you lost on past wagers. The bet size emulates the Fibonacci sequence (1, 1,2,3,5,8,13,21,…), each wager is the sum of the last two.
7. Poisson Distribution
Poisson distribution is another method of predicting the possibility of a game score and outcome.
Using data gotten from the team’s previous performances and comparing these performances to the other team’s data and league averages, you can calculate the probability of any particular score, including the win or loss for each team.
8. Outliers
Outliers are odds that go against the trend. To find the best value, look for the best odds for your wager. You can do this by comparing different bookmakers, so you may want to create multiple betting accounts across sites.
Finding outliers take a lot of effort and homework. Doing research will pay you off more and you’ll be better of than punters who bet blindly, without any preparation.
9. Fading The Public
Rather than follow other bettors, in fading the public you bet against them. When you find any lines and odds sharply moving, you wager against the trend.
The thought behind this strategy is that the public is wrong. It works best in events that are highly publicised or major tournaments. Although the lines can be controlled by smart bettors, they may also be moved by regular punters who know nothing about betting.
Following the public is better for hyped events and hyped athletes. Punters will wager on a popular team or athlete than bet on unknown athletes or smaller teams. Famous athletes build a name based on previous achievements, but it doesn’t always show their present form.
10. Betting The Middle
Betting the middle or middling is when you make an early point spread bet only for the lines to move later.
You can find middling chances when line shopping and find out a different point spread for the same match.
Utilising this line change can let you place an opposing wager to your first bet and may win them both sometimes.
An example would be if make a point spread on a team listed with a spread of -7 in an NFL game in the midst of the week. After wagering, you discover that the point spread moves -10 on match day. To the middle, place a bet on the +10 underdog.
If the favourites win by 8 or 9 points, you win both wagers. You’re basically hoping to hit the middle of the two bets. Furthermore, you still get paid, if the final winning margin does not fall in the middle of your bets, one wager wins and the other losses, cancelling each other out.
See: Winning With Proven Football Prediction Strategies
11. Chasing Steam
Chasing steam is one of the proven strategies for consistent winning that works. Steam refers to significant movements in the betting market.
When the odds move like this, it is because expert bettors, like betting syndicates of professional gamblers, are betting on one side. Their wagers make for a huge amount of money, which is why bookmakers change the odds so that they can have lower payouts. You should emulate them.
You can do this by evaluating all odds on different sites to find your preferred sport or league.’
When odds change extraordinarily on various sites use the site that hasn’t changed its odds yet. This allows you to trail the educated betting public and still get a better value bet.
12. Supporting Heavy Favourites
Supporting heavy favourites is one of the best tips for betting success. It needs no special skills. Favourites are picked for a reason, and if you’re wagering on tennis or boxing, the favoured athlete here has unbelievably high odds of winning.
For this to work you’ll need a big bankroll to make money from your wagers, given that you get just 5%-10% profit from every bet.
Note, this strategy comes with too many risks. While the chances of losing are slim, winning your money back after a loss is difficult. And the margins are too small, the betting on the favourites may not be worth it.
13. Use Winning Streaks
Team and player performance are often streaky. Sometimes they play so well and don’t miss a shot, other times the shoot blanks. Exploit these hot and cold streaks when betting and identifying them faster than oddsmakers offers a huge opportunity.
Ensure that odds reflect the appropriate value and evaluate all the factors correctly. If the team defeat a group of lower-quality teams at home you might want to wait until their next road match against a top opponent.
Track the schedule and factors that fuel their streak. Additionally, before taking them on the spread rather than the moneyline, see how they’ve fared against the spread in recent matches.
Related: Using Team Statistics To Make Accurate Football Predictions
14. Accumulators And System Bets
Accumulator bets combine many selections on one bet slip. The odds of every wager are multiplied, providing great potential value.
Likewise, you may want to back bets that are a bit complicated which increases odds but not the total risk factor, you can do this as a system bet.
System bets allow you to make money even if you don’t get all the single selections correct. To get a sensible and strong system bet, you can use a bet calculator.
15. Money Race
A money race is a type of betting strategy where the profits from a winning bet are used to fund the next wager. This is done through many bets until you reach a preferred amount.
This strategy can be used for all types of wagers. But most times it focuses on low odds that are safe bets so that bettors can win as many wagers as they can consecutively.
Money Race is perfect for punters with a large bankroll. If the money race starts with a high initial stake, you save a lot of necessary earnings along the way. However, the risk of loss is greater.
16. Wagering On A Draw
A draw is not the most popular type of bet. And it’s mainly because celebrating a team’s absolute victory is more satisfying.
However, draws pay well and sometimes you should back a draw instead of the conventional win or loss. Plus all matches start with a draw.
A tip for you is to identify matches where both sides will find it hard to win over each other. This means looking for teams from better league averages competing against top teams at home. The guests are known not to lose but will face challenges breaking the favourites.
Both teams here are happy with a draw and that is often the outcome.
17. Bet On Late Goals
To bet on late goals, find matches with an obvious favourite that has 3-way winning odds of lower than 1.30. During betting rounds, spread the risk over as many matches as you can; There will be unexpected losses too. Next, wager on late goals for all of these matches.
Many bookmakers offer wagers like this under the title ”The last goal will be in 76-90 minutes”. Statistically, you will win only under 60% of these wagers.
18. Back Live Games
In live games, the odds change rapidly, which is why you should analyze a particular range of odds and calculate their value.
If the odds are within a fair range in the game, you can get in on the action. You can also watch the game as an added benefit, and notice when the characteristics of the game change.
19. All-In-One Odds At 1.20 Strategy
All-In-One Odds At 1.20 Strategy involves winning many bets simultaneously and constantly using maximum offers opportunities to earn good money.
However, all the money you accumulated will be lost if you get a bet wrong. But if you can win 30, 35, or 40 times consecutively, you’ll get a huge payout.
20. 1X On Home Outsiders
1X On Home Outsiders is one of the tips for betting success. The wager on the ”double chance” 1X if a visitor faces a favourite at home is one strategy that has worked in the past.
In that scenario, the ”1X” bet will bring in decent odds and thrilling earning opportunities.
Read also: Breaking Down Sports Stats To Make Better Predictions
Bonus: Quick Tips For Betting Success
As a sports bettor, it is important that you understand the basics of betting, whether you’re a beginner or an expert. Once you master good fundamentals, you can start courting more complex wagers.
To help you with this, we have listed some Sure Tips for betting success that can help you make more accurate predictions and place better bets.
1. Follow One Team
It pays you more to be an expert on one team than to have an inadequate amount of knowledge on many teams. The more you know about a team, the better you’ll be able to identify good value when checking betting odds.
Additionally, as an expert, you’ll always be updated about any news and if you can know of something before the bookies get wind of it and change lines, you can get value.
2. Practice Bankroll Management
Good bankroll management protects you from the occasional cold streaks associated with sports betting. The first step to building a bankroll is to separate the money from your regular daily funds.
If you have a bankroll of over $200, your average single bet size should be 2% of your total roll. If your bankroll is below $200, stick to a maximum $5 bet size.
3. Hunt For The Best Lines And Odds
When you become committed to shopping lines, that is when you can find a better value on your wagers.
Additionally, since you’ll be creating different accounts for different bookmakers, you’ll get to utilise promotional offers provided on sign-up and a first deposit.
4. Be Patient
Practising patience in sports betting is not just the safest betting strategy for you to follow, but it is also a good skill that’ll help you identify more betting value.
Most of what you will be doing here is waiting for the right odds or markets, which can be a good way to improve your chances of winning.
Additional Resources:
Learning How To Manage Risk For Football Prediction Success
Analyzing Injuries To Increase Football Prediction Success
Making Smart Choices: Strategies for Winning Football Predictions