How to turn betting into a profitable investment? Below you’ll find the most important rules in order to become a profitable bettor. Stick to them and you will be successful in the long run.
Bet only with money you can afford to lose
As with the vast majority of things in life, money is the vital factor in betting.
The ultimate imperative of each bettor needs to be to bet only with money he can afford to lose.
It’s the most important principle at the stock market for investors to earn profit with money that isn’t needed for everyday expenses. Also, it’s the most important principle for customers following tipsters on the sports betting market as well.
Bankroll management
In order to optimally organize and distribute your money for betting, you will need to create and determine your own bankroll management strategy. This implies determining your stakes and the expected number of picks you will be taking during a period of time. This ensures that – from a statistical point of view – you will get the most profitable results.
Finding value in sports betting
Nowadays, you will find many sportsbooks offering a huge amount of betting options. However, the number of mistakes a bettor can make is huge as well. Therefore, a careful selection of sports and leagues is required.
We, at Transparent Bets, find matches in leagues that sociologically and mathematically give the best profit in relation to the lines and odds given by the bookmakers. These bookmakers have less knowledge and information about the leagues than our experts. Finding value in betting is all about creating a vital advantage over the bookmakers’ odds. And that’s what our service is all about; you only have to place our recommended bets and watch your bankroll growing.
No emotions when betting
Eliminating emotions is key to get a steady long term profit on your investment. One must never allow emotions to take control over your sense of reason and logic. Avoid betting on team you support, simply because there is no reasonable argument to place such a bet.
Also accept poor runs (variance in sports betting). Don’t compensate for earlier losses.
Quality goes over quantity
Quality goes over quantity and less is more. Never allow yourself to bet just because you need the thrill of betting. You have to develop patience in order to turn betting into a profitable investment. Only play the picks of our service; they are based on information of events and leagues that are analyzed thoroughly.