Now that we have summarized some tips to consider before you start betting, we can move on to the practical aspects of our guide by showing you some tricks on how to win bets. In this section, we will first look at how much you can earn from sports betting and then discuss the best methods to win bets.
How much money can you earn with sports betting?
Have you asked yourself several times how to make money betting? One of the reasons you are reading this guide is the idea that betting can generate significant income. Although sports betting is the only source of income for experienced bettors, we must emphasize the fact that there are few of them. First, let’s see how to read betting odds, since they can be written in three ways: English, European and American. We will use the European system, with the odds expressed in decimal form. This is how they are organized:
● European odds: decimal numbers (e.g. 1.50 or 2).
● English odds: fractions
● American odds: Preceded by a symbol that indicates how much you could win with a bet of 100.
This concerns the definitions. On a practical level, things go like this: if we argue with the European system, we will have:
(Stake amount x betting odds) – stake amount = possible net profit
For example: 10 x 2.5 = 25 – 10 = 15. If we bet 10 euros on an event with 2.5, we win 25 euros, 15 net of the amount wagered.
How to win at live betting?
Another type of bet that can be made is live streaming betting. In sports betting it is possible to predict the outcome of an event before it starts, as we have already analyzed previously, but we also have the option of doing so during the event itself, using live betting. Let’s try to understand how this works.
The biggest difference between classic betting and live betting is the time available to those who want to bet. In classic betting, you can spend hours learning, thinking about possible scenarios, reading statistics and so on. In live betting, on the other hand, decisions must be made within a very limited time period. In fact, the odds and the bets themselves change their rating very frequently, precisely because you are playing while the event is in progress. It follows that it is important to click and confirm the bet you want to place at the right time, otherwise the odds could drop or even disappear.
If you like the idea of enjoying your favorite team while betting, choose one of the best bookmakers that offer free live streaming, such as William Hill’s app and Sisal Matchpoint’s app
Always winning when betting: myth or reality?
Experiencing the thrill of winning a sports bet is a particularly nice feeling. However, to make a prediction, it is not enough just to be good, it is also important to resort to luck. Of course, experienced bettors know very well what we are talking about. By using a little common sense and showing your skills, with a lot of patience you can increase your winnings and try to maximize the bonuses offered by the various casinos.