Anyone looking for ways to place more successful bets and boost their chances of winning in sports betting in any country on almost any sport may be pleased to learn that several effective strategies can be applied.
Reading and understanding sports betting predictions, odds, and implied probability rates is a great place to start. Another way to place more strategic and informed bets is to gather as much data, statistics, and other relevant information as possible about events you wish to bet on.
Let’s dive straight in to discover more about reading sports betting predictions to help you lose fewer bets and improve your chances of placing more winning bets. However, remember that even when placing bets on the favourites, you are still never guaranteed a return on your initial stake.
Important things to remember before placing football bets
When you join a fully licensed and regulated iGaming site that has thousands of competitively priced, monthly sports betting markets for the world’s biggest professional sports leagues, competitions, and events, the best thing to do before placing a bet on that site is to understand what their predictions are trying to tell you.
You can better understand the most likely outcome for that event by reading and understanding the odds attached to the different bet types. When you know the odds, you can also find out the implied probability rate to better understand how that event might pan out.
Today’s most trusted sites tend to have pre-match and live (aka in-play) betting services, meaning you can place your bets long before an event starts or during a live event as the action unfolds.
Before placing a bet, it’s also important that you conduct your own research into an event by gathering as much information and statistics as possible.
Doing so can help you place more informed bets, and although it doesn’t guarantee you will win (even when betting on the favourites), you should notice that you will lose fewer bets and start to win more.
How to place strategic in-play bets on licensed and regulated iGaming sites
After arming yourself with as much statistical knowledge as possible to give your bets a greater chance of returning a profit, here’s how to perform 10CRIC live football betting if you check any mathematical predictions for 2024:
- Start by registering your free account. You cannot place sports bets as a guest – you need an active account, and to open an online sports betting account on this site, you must be at least age years old
- When depositing for the first time, you can accept or decline your guaranteed new player welcome bonus, which typically includes a free sports bet
- When you have topped up your account, head straight to the live sports betting section to see what sporting events are currently in-play
- Click or tap on a betting market/bet type that you like the look of, enter the amount you wish to stake on that bet and confirm this information to add to your bet slip
- Depending on the bet you place, your winnings will either be credited straight after that bet has been won or at the end of the event
What are the three different odds formats?
There are three different odds formats, including decimal, fractional, and American/moneyline, so depending on where you live will often determine which odds format you will be presented with when betting online.
The fractional odds format is used in the United Kingdom and a few other regions, whereas in some parts of Canada and the US, the American/moneyline odds format is used. Almost everywhere else uses the decimal odds format. Here are a few examples of what the odds look like:
- Decimal odds: 1.01 is the same as saying 1/100 in fractional odds and -10,000 in American/moneyline odds. These all come with a 99.00% implied probability rate (IPR)
- Decimal odds: 1.67 is the same as saying 4/6 in fractional odds and -150 in American/moneyline odds. These odds all come with a 60.00% IPR
- Decimal odds: 2.50 is the same as saying 6/4 in fractional odds and +150 in American/moneyline odds. These odds all come with a 40.00% IPR
- Decimal odds: 10.00 is the same as saying 9/1 in fractional odds and +900 in American/moneyline odds. These odds all come with a 10.00% IPR
- Decimal odds: 101.00 is the same as saying 100/1 in fractional odds and +10,000 in American/moneyline odds. These odds all come with a 1.00% IPR
Something with a high IPR is more likely to occur, and something with a low IPR is very unlikely to occur. However, anything can happen in sports to upset these odds, so always remember that the odds-on favourites aren’t always guaranteed to win.
What other statistical data and information can help me place more informed football bets?
To help you place even more informed bets, besides just looking at the odds, you can improve your chances of winning by gathering other important information about that upcoming football match.
Some of the important things to consider are the starting lineup, the latest injury news, recent form, historical results between the two teams, the importance of the match, current standing in the league, weather conditions, recent new signings, player stats and expected playing style/strategy.
Final thoughts
Wherever you live, you can use these same effective betting techniques to place more winners when betting on football matches. It’s important that you avoid betting on unlicensed and unregulated sites and stick to betting on websites fully licensed and regulated by one or more mid to top-tier licensing authorities, such as 10cric.
The most important thing you can remember to do when logging in to place football bets is to gamble responsibly at all times. In other words, try to take frequent session breaks and only gamble with money you can afford to lose.
Start by setting a reasonable spending budget, and never place bets out of sheer necessity. Stick to betting on teams, leagues, and players you are familiar with, and never place bets while tired or intoxicated because it could result in making costly errors and taking bigger risks that you wouldn’t normally take.
