Best Online Sports Betting Strategies

by Rae Dover
| 21/10/2020

Sports betting can be a thrilling and enjoyable activity for millions of people all over the globe. However, it’s pretty rare that you will come across a sports bettor that has managed to defy the odds and make a consistent profit over time. These sports bettors do exist, but they are usually operating with large bankrolls and a mathematical mind that us ‘mere mortals’ can only wish for. With that being said, this doesn’t mean that there aren’t strategies that sports bettors can easily implement in an effort to increase their overall betting success.

We’ve put together this guide to sports betting to highlight some strategies that you can actually use when engaging in sports betting, and none of them are overly complicated! Simply check out the information below to potentially boost your sports betting success. 

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Hold out for in-play betting

In sports betting, you’ll typically see a whole bunch of pre-match markets that are open for you to bet on. However, a little known secret among your average sports bettor is that the real value isn’t found in the pre-match markets - it is found through the in-play markets. This is because of the way that odds can drastically fluctuate during the course of a professional sporting encounter. To show you the exact impact that in-play betting can have, let’s run through a brief example. 

Let’s say that Manchester City was playing against Chelsea in a regular Premier League game, and the game is being held at Manchester City’s home ground. This would naturally make Manchester City the heavy favorites to win the game. During the pre-match markets, you might find odds of 1.4 for Manchester City to win, 3.2 for the draw, and 2.5 for the Chelsea win (hypothetical). Once the game starts, if Chelsea sneaks an early goal to go 1-0 up, you might find that the odds for Manchester City to win the game will shoot above 2.0, even if there is still a very strong chance that they will turn the game around. 

So, if you waited to bet on a Manchester City win once they had gone a goal down, you would then be betting with a much higher potential return if they did turn the game around. This method can be applied to many sports too, not just football. 

Make full use of bonuses

When signing up for any online sportsbook site, you will usually be greeted with some form of welcome bonus. As you may already be aware, you can use this welcome bonus to essentially bet on sports without strictly using your own cash. In a nutshell, this is what sports betting bonuses have the ability to give you, and it’s also why they are so appealing for everyone who places bets online. You can find bonuses in various forms in 2021, just check the list below to see a few of the more popular ones:

  • Bet $10 get $10

  • Risk-free bet (receive a refund if it loses)

  • Profit boosts on winning bets

  • Free in-play bets

These are just a handful of some of the more prominent online sports betting bonuses, and as we’ve mentioned previously, you can usually find a selection of these at the top online sportsbooks

How to look for cash-out opportunities

Many people wonder how to bet on sports betting and win, and many bettors today make use of a clever tool that first came about a number of years ago. As you are no doubt aware, it can be difficult to place winning wagers on sports, and many people still claim that all sports betting is ‘luck’. Sports, by their very nature, are somewhat unpredictable, but by hunting down cash-out opportunities you can easily lock-in a profit before the game is even finished. 

If you’re wondering why sports betting sites would give such options - it’s because they want to try and limit their losses if things are looking like you have made a winning bet. For example, if you’ve made a bet where your potential return is $100 from a $20 wager, and things are going your way, your ‘cash-out’ offer will gradually increase as the end of the game approaches. To avoid biting your nails until the very end, you can simply hit the cash out button and take your profit home. 

Bet on sports with a reduced number of outcomes

When implementing different bits of advice to try and enjoy more betting success, it goes without saying that you want to use easy sports betting strategies as much as you can. With this in mind, it doesn’t get much simpler than this strategy! Therefore, the final bit of advice that we’d like to share with you is to basically bet on sports where there are only two outcomes, rather than three such as sports like soccer. This automatically gives you a much greater chance of betting correctly, and naturally, it makes answering the question of how to bet on sports betting to win much easier! 

Conclusion

There are plenty of online sports betting strategies out there today, but we have chosen to highlight the ones above because they are easy to implement and they really can be quite helpful. Of course, there is no single sports betting strategy that will be a ‘one size fits all’, which is why we recommend using a blend of the strategies we’ve shared with you today. 

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