Betting industry is developing rapidly, and more and more people want to become successful bettors. However, it is a common misconception that it’s easy to win and all you need is luck and money. The key to making a profit is to choose the right approach and follow some tips that will help you maximize your winnings.
Here are some tips for you to consider. If you follow them, your betting experience will be more enjoyable and you will be able to win big.
- Have the right mindset
Winning isn’t about emotions, it is about tough work, connected with the analysis of statistics and trends. It is about being resilient, flexible, adaptable, disciplined, stubborn, and unemotional.
Patience is a virtue. Therefore, it is important to think long-term. Of course, you will win and lose, and this is absolutely normal. Be ready to lose some funds to balance out with several winning months right after. However, the thing you should bear in mind is that you should take personal responsibility for your betting performance and results.
- Have the necessary knowledge
You can decide on sports you should bet on, you can have a polished budget and the right mindset, but this may not be useful if you do not have key knowledge. If you want to learn how to win money betting on football or other sports, you should know how to identify value.
Actually, the ability to identify value ensures a good profit. The definition of a value bet is where the odds that you take are higher than the true likelihood of that outcome occurring. The easiest way to illustrate this is with the toss of a coin.
The probability of the coin toss landing on heads is 50%, which is an evens bet, or 2.0 in decimal terms. Were a bookmaker to offer you those odds then after an infinite number of bets placed on heads you will be right back where you started. No win, no loss.
If a bookmaker offered you odds above evens, this bet is a value bet, that is, whilst the true odds are 2.0, you are being offered 2.x. The greater the ‘x’, the greater value.
After you have identified the value, you should calculate how much value you have.
Besides, when identifying the value, you should take different aspects into consideration. These aspects can help you beat the numbers, offered by bookmakers. Such insignificant at first glance things like the weather, team spirit, motivation, the result of the previous match, the change of a coach, health issues (injuries) can affect the outcome of the match.
It is important to note that you should use reliable sources. Analyze and digest any information you can find. However, the best option is to find experts in different sports you want to bet on and ask for their professional help. It won’t be cheap, but if you want to win big and be successful, you should be ready to invest in solid information.
Besides, some people prefer using the services of successful tipsters. This will be especially useful for beginners, who want to learn a little before investing real money.
- Manage your bankroll
If you want to be a successful bettor, you should know when it’s high time to cut losses and walk away.
Create your personal plan and decide on the amount of money you can spend (it is recommended to stake 1-5% of the bankroll on every bet you make), this will help you stay more consistent and protect you from overextending yourself. If you take an unprofessional approach, you can lose all your funds, which will affect your financial and emotional condition.
The Best Betting Sites in Kenya
SportPesa is one of the most popular bookmakers in the Kenyan sports betting market. It features a user-friendly interface, attractive bonuses, competitive odds. This is a perfect betting site for novices, who only learn how to make money betting on sports.
You can bet on football, basketball, rugby, tennis, cricket. The bookie offers a good coverage not only of large leagues but also of minor leagues.
|It has the largest Megajackpot in the country
It offers a user-friendly interface
There are attractive bonuses
There are competitive odds
Accepts a large range of payment methods including debit and credit cards, as well as the major e-wallets
Offers great live betting
|It doesn’t offer deposit bonuses and free bets
Deposits are charged
With 1xBet, you receive unique and pleasant betting experience. This bookmaker was launched in Kenya in 2016, and the features of this booking site are constantly developed and supplemented.
The website offers different features: video broadcasts, live betting, different sports (football, basketball, volleyball, tennis, hockey, table tennis, racing, badminton, boxing, billiards, baseball).
Technical support is great and it is provided via live chat, e-mail or phone.
|It offers one of the best bonus offers
There are different promos and weekly contests
There are different events and types of sports
There is a wide range of deposit and withdrawal methods
There are free video broadcasts
The bookmaker has apps
|The website isn’t easy to navigate
The jackpot is small
This popular website with a user-friendly interface is suitable both for experienced bettors and novices. The site has an online betting section, where you can place live bets on football, volleyball, tennis, basketball.
Also, bet on soccer, tennis, motorsport, basketball, baseball, rugby, volleyball, ice hockey, cycling, golf, boxing, darts, MMA, snooker.
|The website is modern and highly functional
It has a mobile app
There are high odds
It features a deposit bonus
There are many deposit and withdrawal options
|The live betting section is poor
The jackpot could be bigger
Thus, adhere to these tips if you want to evolve, win big, and become a successful bettor!