What are some of the best tips and strategies you use for Todays Prediction when placing a bet, are they working for you? Prediction today when used right can be a valuable tool that helps you make the right selections and maximize your wins. However, most bettors don’t quite have the right method for it. That is why, in this article, we’ll be sharing Tips And Strategies For Today’s Betting Predictions.
To consistently make money in sports betting, you need a bit of luck and a solid strategy. Having a strong betting strategy presents you with the best opportunities to make profits from online betting and significantly reduces your risks of loss.
Developing an ironclad betting strategy and finding the right advice to go along with your today’s betting predictions is an area most bettors struggle with. In this piece, we discuss a series of sports betting strategies you can easily apply to your wagers. We also include basic tips that you should engrain.
With these advanced betting strategies and tips, you’ll master how to apply logic to your wagers, retain your winnings over a long period, create value from bets, and have control over the outcome of a game to a good extent.
With that in mind, let’s dive into what these tips and strategies are, and how they work.
Read – Proven Strategies For Consistent Winning: Tips For Betting Success
6 Tips For Today’s Betting Predictions
Before we delve into more advanced strategies for Todays Prediction, there are a few basic tips that we would like to share. These tips are just as important as strategies and are necessary if you want to keep winning in today’s betting predictions.
1. Master The Concept Of Value
Value is an easy concept, but the majority of the betting public doesn’t understand it. And maybe this is a good thing because it is this ‘square’ money that can topple the market, leaving open fantastic opportunities for the few bettors who know how to identify value.
Knowing how to identify value means you can spot odds that are extremely high, consistently and strategically, and leverage those opportunities.
To do this means you’ll learn how to judge probabilities more accurately than the market can do. The big advantage you have over the bookmaker is your ability to ignore matches with unfavourable odds.
Discovering value is the hardest part of sports prediction and you’ll need lots of practice to pull it off every time. Once you can do this, you’ll have a systematic advantage.
2. Know Basic Mathematics
Many bettors make a profit out of betting on instinct and ‘gut feeling’ but to gain long-term success in sports prediction you need a sustainable plan and to understand what odds reflect in terms of probability.
Betting might be for sports, but it is a numbers game and you need a good enough relationship with division and multiplication to engage in it.
3. Understand How Bookies Create Odds
Bookmakers’ odds are majorly a reflection of what they expect the general public to play, rather than on the actual probabilities of either outcome.
They will often set their odds to attract wagers on both sides of the odds in order to balance their liability and take their commission.
This allows smart bettors to discover excellent value opportunities where the public’s opinion is just wrong. It also means that value can be found in events where there is expected to be higher interest than usual by occasional or casual bettors, who know little or nothing about betting strategies.
Sporting events like Super Bowl, Cup finals and prominent horse racing contests are hot spots for chances like this.
4. Support The Hated Team
The more time you spend betting, the more you realize that the team nobody likes has the most potential in a league. Matter of fact, the better a potential bet feels, the uglier it looks on paper and in theory.
The less a team is liked by the general public, the more you’ll prefer them in terms of value. Especially if this team have played well over a long period but just lost 4 or 5 times. The second the public abandons them, you’ll see their value rise.
Read also – Top Tips For Making Accurate Sports Predictions
5. Don’t Chase Big Scores
Know when to bet on multi-bets, parlays, accumulators, and teasers, and when not to. These bets may sell you the promise of a big score and payout, but if you haven’t done your analysis and located true value in them, they are a bad way to wager.
One example would be, if you back a multi-bet of 4 legs and got full price even money odds of 2.00 for each leg, the odds for it would be 16.00. If in reality, you were offered 1.90 for ‘even money’ with the bookie collecting 5%: the odds for that same multi would be just 13.00. That is taking out almost 19% of the full price of that wager.
However, if you found true value, then multis can offer you the same as you multiply the value into each leg. But the challenge here is finding said true value. If you can’t do this, then you’re reducing your chances of success with every undervalued leg you add.
6. Practice Long Term Betting
Practising long-term betting is one way to take your betting seriously. This includes doing the work like building your bankroll by gradually increasing the amount you wager on each match.
Doing this, you’ll discover you’re making enough money to keep on the side, and if you stick with it for a longer duration, you might start making a living wage out of it.
A long commitment to betting means you’ll have to deal with more swings, losing and winning streaks, making the curve less smooth and needing a bigger number of bets.
See also – The Art of Sports Predictions: Tips to Increase Your Chances of Success
6 Strategies For Today’s Betting Predictions
Now that we have talked about the best tips to apply to today’s betting predictions for maximum results, it is time to delve into certain strategies which you can try out to see how they work for your bets.
There are situations where each sports betting strategy will be more effective than others. However, learn all of them, try and then find which ones work better for your prediction needs.
1. Hedge Your Bets
Hedging bets involves backing the original bet to lock in a profit or reduce a loss. It exists to help you cover all bases and lock in a profit on all results. Hedging is often overlooked as a loss-reducing practice but it’s a very valuable tool.
The good thing about using this strategy is that you can control the bets based on your stake to either favour one result or get the same returns on both results. By using a hedging calculator, you save lots of time when trying for an equal payout.
2. Create Your Betting Lines
When you create your betting lines, you’re essentially becoming your own bookmaker, where you use all the data available to you to create a line.
The idea driving this strategy is that you can compare your line to odds from your sportsbook and determine if they offer value or not. If the odds are higher, it will show value and if they are lower, then it won’t.
An easier way to do this is to work out the implied probability of a market based on a percentage. A 50/50 chance would be 50% implied probability, and as odds, this would be +100. It means you can create a round 100% market and not offset one when working with just odds.
3. Fade The Public
Fading the public is a common betting strategy that allows you to take advantage of inflated lines. One thing to note about this strategy is that lines aren’t based on the possible outcome of a result alone and instead also include the amount of money bet on one side of the market.
Bookmakers are consistently wanting to balance the books based on the amount wagered and exposure. They move the lines based on this and if one side is heavier than the other (higher exposure) they will make the opposing line more popular to encourage more bets.
But, this does not mean that the line is most likely to happen and will in turn create value for you.
For instance, if one team got lots of bets based on popularity. The initial spread was at 5.5 but moved to -7.5 then not because they had a higher chance of covering, but because more money has been based here.
The strategy would then need you to wager on the opposing team at +7.5. which provides greater value as the line moves based on the volume of bets and not the possibility of covering the initial spread.
4. Dutching
Dutching is used to place multiple wagers on the same match to create an equal profit or loss on every result. This strategy is best for claiming, clearing or triggering free bets or bonuses, but can be a great general today’s betting predictions strategy too.
You’re going to need multiple prediction sites to Dutch or for lines to move significantly to make a profit. It is the same as hedging but this can only work when you need to create the same profit/loss on every result.
If you’re starting, you’ll need a dutching calculator to ensure that you bet the right amount on every market.
5. Kelly Criterion
Kelly Criterion helps when it comes to deciding the amount to wager on a market. It is used with other betting strategies to decide the probability of an outcome occurring and how much exposure you have for that wager.
There are several online calculators you can use for Kelly, but these are some basic mathematics to know:
- B = Decimal Odds
- P = Probability of Winning.
- Q = Probability of Not Winning.
(BP-Q) / B.
6. Use Cash Out
Cash-out can be an effective tool when used appropriately in online betting. The idea is that it lets you end a bet before the market closes, allowing you to lock in a profit or stop a loss.
One of the best ways cash out can be used is to track games and then react to events within said game. If you backed a team to win and they take a narrow lead (within a single score) with not much time left, then it might be a good idea to lock in a profit without the risk of losing.
The upside is that you can cash out when your pick is losing. It may get to a point where the game is tied or too close, letting you cash out for a minimal loss or break even.
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