Free Betting Guide
Free Betting Guide
CONTENT
Understanding
The Odds and Value Betting
Betting Strategies
and Bankroll Management
What is the Martingale betting system?
Summary
Live Betting
Common Mistakes about Live Betting
First of all before diving deep into betting world, you should understand
the odds are showing a probability. When you see almost equal odds with
just 2 outcomes, it means there is 50% chance for either of two outcomes.
It’s the easiest case for calculating the value. If you think there is more
than 50% probability for one of the outcomes, it means there is a value.
The odds should be lower according to you. When you are able to find
value odds and how to define it, you will make a profit from betting.
It’s the only thing you need to know if you want to beat the bookmakers.
If you can calculate the odds better than them, you will earn money in the
long term.
It’s easy to say but just a small percentage of punters can do it!
Value odds are not just higher odds, although generally the underdogs
offer more value. Bookmaker’s odds are changing based on how much
money the public put for each outcome. Public opinion usually supports
the favorite. If Barcelona plays an average team from La Liga most of
punters will want to back Barcelona, just because of they are Barcelona.
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Probably, they will win, still it means nothing! If you want to make a profit
on betting, you can’t bet before considering odds.
Earning money from sports betting is not about luck in the long term. Of
course, a team that you placed bet on miss a penalty in 89th minute or
they have 10 shots on target or they miss many scoring chances and you
will lose money. Trust me you will never count the ones which brought you
money with some luck. In the long term these are meaningless. You need
to stick with what you are trying to do. If you see the stats are supporting
what you thought about matches, it means you are on a good path.
You should separate yourself from the public opinion and you need to dig
deeper. In next chapter, we will come to what factors you should look for
defining value.
Math Class:
Converting Odds to Probability: (1 /Decimal Odds ) x100
We will give some examples from 2018 / 2019 season with bullet points
for you to understand better.
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Key info on teams: The information that makes everything different or at
least changes things greatly. For this one generally you should be faster
than others. We are in internet age, so the information will be eventually
found by everyone. Some examples from 2018/2019 season:
Example:
Example:
Expert info: Something your experience and prior knowledge allows you to
know better than the bookmakers and public opinion.
Example:
PSG - Red Star: Although the visitors managed to scrap a point off
Napoli, this game is going to be a completely different story. PSG
players will want to prove themselves after a crushing defeat to
Liverpool and show their own crowd the team is ready to take the
next step in the CL. It’s going to be a huge victory for the home
team, with handicap -2,5 @1.83 being a good value.
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Important trends: A striker in-form, a team lacking form or a team playing
very offensively or defensively. When you look closer to what happened
on matches, you will be able to analyze this statistics more easy as I said
at the above
Example:
Changing trends: Most of the teams have a playing style, but after a new
manager gets hired everything can be different. Especially we should
look closer at teams with bad streaks. Especially for minor leagues it’s
happening more and if you follow these news it will be worth it!
Example:
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Use stats but don’t focus on them too much: If you see something obvious
just with match stats, you can be sure that bookmakers already know that.
So if you find a match, odds at BTTS YES @1,80 and teams’ last 9 out of
10 matches ended with BTTS YES, you shouldn’t just jump on these odds.
Try to always always be sceptic! You should search more. Maybe there is
something you are missing. If the statistics would be enough for betting,
computers would be able to beat bookies.
“How can a striker like him miss that?” “It mustn’t be a penalty!” We can find
even more sentences which will bring back some of your memories. But,
why are you facing this problem? Are you unlucky or is there something
you’re missing? Luck is important for sports betting, but in the long term
it’s obvious that luck will not be enough to explain each and every situation.
Admit it, if you win once with an accumulator, you will lose more than that
in the long term. You will think that you are the unluckiest person on the
planet, but it’s not about luck!
We agree that combos are more exciting, but you need more than that
for earning money. Instead of creating new accumulators with previous
winnings, adding them to single bets bankroll will be the most logical
middle way for betting. You should be patient in order to earn more. You
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will see in the long term that you will be the winner, it’s just about time.
We are not talking about the single bets at fantastic odds. You should
stick to the odds around 2.00. This odds range is the basic of betting.
Bookmakers analyze the matches and determine the “lines” with the
closest two outcomes. All other markets and the odds are just deriving
from the basics. Earning money from betting depends on you to evaluate
which outcome has more chance than 50% to win.
Betting Strategies
and Bankroll Management
There are a lot of punters out there who talk about money management
strategies, but are they really that reliable? The Martingale betting system
is one of the most famous strategies. Never heard of it? Let us explain to
see if the reward outweighs the risk involved.
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Here’s an example of how to break the strategy down on a gambler betting
on a coin toss with a £100:
Just to expand on the final point, this is where your expertise in the field
comes into play. Use your statistical knowledge of the game to judge
whether the odds you come across online are worth taking a punt on. A
good example of markets to use the Martingale strategy on include the
Asian Handicap and over/under markets.
Realistically, if you’re not good enough to beat the odds, then this strategy
offers a decent route to financial ruin, so be careful! If you are good enough
to beat the odds, however, then you don’t need Martingale. The Martingale
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betting strategy may look like it can turn losses into profits, but it’s a huge
risk and one method you should probably avoid.
The criterion is a way of working out what percentage of your bankroll you
should use on any given bet. The higher the expected probability of a bet
winning, the more money you should stake on your bet.
(bp – q) / b = f
Where:
• B is the decimal odds -1
• P is the probability of the bet winning
• Q is the probability of the bet losing (1 – p)
• And F is how much of your bank roll you should bet.
That means:
• B = 4.00 -1 = 3.00
• P = 0.35
• Q =0.65
and when put into the Kelly Criterion formula, this gives us:
• ((3*0.35)-0.65)/3 = f
• (1.05 – 0.65)/3 = f
• 0.4/3 = f
• 0.4/3 = 0.1333
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Therefore, according to the Kelly Criterion we should bet 13% of our
bankroll on this bet.
The Kelly Criterion is a good way to identify profit as it will only tell you to
stake money on a bet if the bet is value; any bet yielding negative figure
using the Kelly Criterion should be left well alone.
The example above shows how this has worked. If a bet is priced at 4.00
then it should have a probability of happening of 25%; however as the
actual probability of Arsenal winning is given as 35% the bet on Arsenal is
value even if it is unlikely to happen.
Similarly, even if these figures are true there are other complications. If the
difference between odds and probability are sufficiently large, the Kelly
Criterion aggressively favours putting money on – which might not sit
comfortably with the more cautious punter.
Summary
As with most betting systems, when you understand fully how to use the
Kelly Criterion for betting you will know that it’s not perfect and does not
offer guaranteed returns. However, what it does do is offer a guideline to
work out which bets offer value and thus what bets should be backed over
others.
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How to Win Money
from Goalscorer Bets?
If you are bored to bet on 1X2 and Over/Under markets, there are plenty
more options to choose from. Goalscorer bets are one of the best ones.
Sometimes it’s easier to find who has a high chance to score at any game
than who will win the match. So we want to analyze how you can find the
value in goalscorer bets straightforward. We listed some bullet points for
you to check.
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4. Wait for Line-ups
Some teams have more consistent line-ups and others not. If you are not
sure will your man make the starting lineup or not, it’s better to wait for
the official squads to appear. When the teams have more intensive periods
managers can rotate their squads. Checking line-ups are one of the most
important parts of finding valuable goalscorer bets. Sometimes managers
can use different players in striker position while they are rotating their
squad. It can give you a huge value just before the match starts. You should
be faster than odds movement. So check the team lineup some hour before
the kick-off.
Live Betting
Live betting, also known as in-play betting, is getting more and more
popular every day. It’s always exciting to make some money from the
match that you already started to watch, but there are also many things
you should be careful about in order to make a profit.
We defined some bullet points for you to achieve that in your live betting
experience.
2. Don’t judge the match after just few minutes. The game will be played
for 90 more minutes. If you tend to bet on a team, try not to make sudden
decisions after seeing a little part of the game.
3. Don’t chase what you have missed. For example, when you wanted to bet on
next goal and unfortunately, goal is scored before you bet on, the most common
mistake is to believe one more goal will be scored just based on your feelings.
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4. Decide when you need to stop. Especially for goal bets, if the match is
played with a high-tempo you can continue to bet on for next goals will be
scored. If you can’t find where you need to stop, you’ll eventually lose.
2. You can win a lot by comebacks from favorites. If the favorites scoring
record is remarkable, but also they are conceding a lot, the betting
opportunity can be there. For example, Arsenal conceded the first goal 5
times in the first ten matches of the 2018/2019 season, but they just lost
2 of these matches.
3. Favorites can’t win always. Yes, it’s a bit strange to state just the opposite
than above, but we should also need to mention that. You should analyze
the teams and watch the match if you can. The most common behavior
is, especially for the last minutes of the match, betting on favorite if they
are not leading already, but maybe doing just the opposite will be more
logical. Every match is different from the other so your behaviors shouldn’t
be based on they are just the favorite of the match.
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How to choose
the best bookmaker for you
Betting hasn’t always been legal. In some countries it still isn’t, while in
others it is a tightly regulated activity. Some countries require bookmakers
to have licenses to operate while others only allow state-run bookies to
operate. In some places it’s fine to bet on a single outcome in a single
match, while in other places players are forced into making multiple
selections. Before placing a single bet it’s worth checking out what the
legalities regarding betting and bookmakers are in your jurisdiction.
The next thing for players to consider is what they want from their bookie.
For casual players good offers and bonuses are important, because they
can help boost winnings. Some bookies offer welcome bonuses so when a
player makes their first deposit they get extra money to play with. Others
offer promotions where odds are boosted in specific games or free bets
are given if a certain outcome is met. It’s always important to check the
terms and conditions before using one of these offers as some come with
onerous turnover and/or odds conditions.
For the more serious player, margins are a big deal. Professional gamblers
will place bets that they see as “value” and bookies that have big margins
will have less value bets than a bookie who work to smaller ones. This is
why odds comparison websites work so well; they show which bookies
offer the best prices in specific betting markets allowing players to get the
most bang for their buck.
One more important thing you should consider is that some bookmakers
are specialized in different markets or different sports. For example, if you
choose a bookmaker for the best odds when you are betting on football,
but maybe it offers a very small amount of markets for live betting or it
just doesn’t offer goalscorer bets which you wanted to bet on. Also, some
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bookmakers are known as offering higher odds for favorites and some
others are just the opposite. It will be best for you to choose several
bookmakers but they should complete each other. So for all punters, it
would be good to use more than one bookie at the same time for your
different kind of bets.
Payment Methods
If you read our guide til here, you have noticed that betting is not just about
having more fun while you are watching football matches. So, you should
know how to deposit and withdraw money from betting sites regularly. At
first sight, payment methods seem to have no effect on losing or winning
from sports betting, but you prefer a bookmaker just for a bit higher odds
sometimes. It means your little decisions can have effect on your winnings,
so you should consider the deposit and withdrawal fees and durations.
Most of these methods depend on where you live and which bookmaker
you prefer. Still, we can talk about the basics and the most common ones.
Even if you are betting in a country where betting is totally legal, it’s better
for you to not show your bank account is linked to betting. Why? Because
it can affect your credit notes according to banks even if you are winning.
It may cause you to look “a risky customer” in their point of view. In these
circumstances, the most common suggestion can be e-wallets. It’s the
easiest, and one of the fastest way for funding your account. Most of the
bookmakers have agreements with more than one e-wallet.
Cryptocurrencies are getting popular every day but with their volatility
at the prices, and deposit durations can be too long sometimes. This
technology evolution needs time to get more common in the sports
betting industry.
The most popular e-wallets are ecoPayz, Neteller, and Skrill. These 3
brands have different active territories and the restricted ones. We can’t
be sure about which will be the best fit for you but, we can state all of
these 3 brands are trustable. They serve in the industry for many years and
work hard to get the most of the market. Our suggestion for you to check
their restricted countries first. Then you should check their fees for their
services, KYC procedures, user interface, and withdraw durations. If you
are using more than one bookmaker, you can give a chance more than one
e-wallet for choosing the best one for you.
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Finding Betting Tips on Internet
It’s easy to find many betting tips on the internet every day. The more
difficult part is finding the best tipsters and betting tips sites. Google is
the most popular tool for many punters to look for tips on the internet
but don’t forget Google is sorting these tips sites according to their own
algorithm and it has no relation with previous success of the betting tips.
Also, you can find many tipsters on social media sites like Twitter, Facebook
and Reddit. The common point of the all services which providing you tips,
any of them will not give them 100% sure tips! You need to give them
some time if it looks attractive for you to test their success rate.
Many punters heard stories about scamming betting tips sites or people.
Maybe it disinclined many punters from paid tips. If you see any betting
service, free or paid, stating their tips will win certainly, you just need to
run away from them. You always need to know if you are betting there will
be many risk involved. Nothing is certain, it doesn’t matter related services
are free or paid. Getting paid tips from trustable people or betting sites are
the same for paying a quality service which is saving your time. Nobody
has crystal ball! Instead of watching many matches and researching some
information from teams for hours you are paying a service fee.
You can find many free tips from our users on ProTipster. We have also an
international editorial team for premium betting tips with a service fee.
We are executing it with many local experts who have knowledge from
Premier League to Australian Football leagues. We are explaining our
tips with short explanations. So when you are getting tips, you also get
information about teams which will help you for future bets. You can try
ProTipster Premium free for 15 days. We trust our statistics and you should
check them for free!
Each month tipsters share a prize pool of 2500 US Dollars and there is a
grand yearly competition with 5000 US Dollars prize pool. Altogether
whopping 35 000 US Dollars to grabs in 2019 exclusively for ProTipster
users!
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We offer many free bets and bonuses based on your territory, so you can
exchange your ProTipster coins to them.
At betting sites it’s not always easy to follow your previous performances,
but at ProTipster you can easily check your stats for sports, tournaments
and teams. Also, when you are betting you can lose your hard earned cash,
but at ProTipster you don’t risk anything. Maybe you will be able to find the
best betting strategy and then earn while betting at some of bookmakers.
You just need to post your tips with us!
As we mentioned above, at ProTipster you will not lose or risk any money.
You will be more relaxed while you are competing against other tipsters.
Posting tips at ProTipster can be fun and exciting, and you’ll never feel
desperate, even if your tip doesn’t win!
5. Focus on Fun
We tried to create the best interface for posting tips straightforward. You
can post your tips with just one-click, easier than at any bookmaker site.
Therefore, you won’t be distracted by anything else than by your tip. If you
like to predict outcomes, you’re at the right place!
You can post your tips while you watch your favorite team’s match.
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