We have worked hard and brought together a team of experienced bettors to give you a list of the most important rules to follow in sports betting.
1.Don’t consider sports betting being gambling
What is considered gambling in sports betting?
A great example is the following: The chance of an event happening (e.g. a draw) is 40%, but the bookie offers odds equivalent to 35%. In this case in a long term run, which means betting on many matches with the same handicap, you will in average lose 5% at the end.
What is NOT considered gambling in sports betting?
A whole different story might look like this: The chance of an event happening (e.g. a draw) is 40%, but the bookie offers odds equivalent to 45%. In this case in a long term run, which means betting on many matches with the same handicap, you will in average win 5% at the end.
We are not denying the factor of chance and luck being a part of the game. That is the reason we in both cases used words “in average”. Chance is a bitch and can go both ways. Your goal is to identify a value in sports betting. This can also be done by comparing the free football predictions with the odds of bookies.
2. Insider information has enormous value
Don’t just read the stuff on BBC, CNN… or news published by bookies. Indeed there is a huge value in the mainstream information, but you should aim for the insider information. Now the question is where to get it. If you are not from a certain distant city, how could you know the insider information? The answer is community and Rowdie is proud to be a part of the community of punters.
You can read analysis of each other and of course check the results of their authors in the personal virtual betting statistics. Let the results convince you, since talking without results is pointless.
3. Don’t let the public opinion influence your decision
Expectations put a heavy burden on players. Remember that when you are about to bet on e.g. the national team. No matter how strong the team seems to be, there is always an opponent that might surprise. The public madness, when 99% of all punters bet on one outcome forces the bookies to move the odds in a way that does NOT reflect the calculated chance of a football match.
Just remember as most of us (including bookies) expected an easy win of AJ over Ruiz. Instead of forgetting about the noise and focusing on facts, we fooled ourselves in a silly – unprofessional way. That was a great lesson and make sure not to repeat.
So the next time you see English football teams or any other team playing the game, try to reflect more than just the wish of the fans.
4. Don’t let your own emotions influence your decision
The psychology of football betting is crucial when it comes to good decisions. We have created a successful punters checklist to help you to follow the tasks. If you follow the list, you might notice how the mind plays some weird tricks on you. Listen to your reasoning and cold blooded rationality. Leave all the emotions out. The true nature or definition of emotions for me is the following: Emotions are only shortcuts to help us navigate through the tasks, where rational brain feels lazy or has no time to operate.
Take your time and focus to be successful. This can be applied to all fields of life. Not just sports betting.
5. Have a limit and strictly follow it
It can be a monthly limit of let’s say £10. With that money you chose a football betting strategy and if things go wrong you simply end up there. Be strict on you with this one! Sports betting can be fun, so don’t let the fun become a problem.