The sports market is becoming increasingly dynamic. Football has been around for over a century. However, this sport is becoming more attractive due to the numerous competitions. This is undoubtedly one reason why the sports betting market is becoming more dynamic as well. Over time, more and more football fans believe they can predict the outcomes of the Bundesliga and other leagues. However, there are also an increasing number of individuals who simply bet thoughtlessly on any football club that has little chance of winning.
On the other hand, it’s a different situation if one occasionally bets on their favorite team to create some excitement. It’s better to consider whether you are betting to fill your wallet or just for fun before placing a bet. If you really want to make a profit, you should develop a strategy that actually yields results. An important factor that should not be overlooked here is money management.
1) Money Management It is generally understood that one should be aware of their financial situation before starting in the betting field. Everyone must recognize that, in a bad streak, you could lose 100%. This means you should not bet with excessively high amounts to avoid existential risks. We recommend that the maximum bet amount should be equivalent to that of a leisure activity, such as attending a match, to avoid larger losses. In general, the stake should not exceed 5% of your total capital. Additionally, it is recommended to track the bets along with the stake amounts, as it is easy to lose track otherwise. It’s best to create a regular balance sheet of winnings and losses. More specifically, you should keep detailed records of everything. This can be used to develop and improve strategies.
2) Knowledge is Key It is foolish to bet on random games without gathering information about the teams, players, coaches, and other influencing factors. For example, knowing which players are injured and unavailable can give the opposing team an advantage. Furthermore, it’s important to understand the outcomes of recent matches or whether an important international match is approaching. Even weather conditions can become a decisive factor. Therefore, having more information increases your chances of making accurate bets. Knowledge is indeed one of the most crucial factors in the betting arena.
3) Avoid Betting on Favorites, Accumulator Bets, and Live Bets Many believe that simply betting on top teams will guarantee a profit by the end of the season. However, this is not the case. Even the best team can draw or lose matches. Consider this simple calculation: if you stake €20 at odds of 1.2 per match and the team wins all 34 Bundesliga matches, you’d make a profit of €136. However, your total decreases by €20 with every draw or loss. Looking at the Bundesliga table from the last 20 years, you would have only turned a profit three times using this method. This means that applying this method typically fills the pocket of the bookmaker instead.
4) Live Betting Live betting is similar in many ways. While it creates more excitement, it has no place in professional betting. The odds are often not high enough, and decisions are frequently made based solely on gut feelings. Therefore, no proper strategy is applied, making live betting an unsuitable option for regular betting. Often, intuition can mislead you, resulting in more losses than gains.
5) Accumulator Bets It is generally advisable to stick with single bets. On one hand, accumulator bets can yield higher winnings. On the other hand, they carry too high a risk, which might not be clear at first. The problem lies in the fact that even the slightest influence, like a red card, can change the game enough that the entire bet is lost, even if part of it was still correct. This can’t happen with single bets, as each bet is independent.
Using Multiple Bookmakers is Better
The odds in betting are what truly matters. Odds vary from one bookmaker to another. Therefore, it’s best to be registered with various sports betting providers to always choose the best odds available. Even a small increase in odds can lead to a few extra euros in winnings. Here, we’re not suggesting you sign up with countless bookmakers, but rather just a few. Sports betting is naturally becoming increasingly popular in times of modern media, rapid data processing, and attractive professional sports. It is no surprise that even the largest betting providers are firmly established in the sponsorship programs of important institutions, organizations, and events. For many people, the weekly accumulator bet on the Bundesliga is a delightful way to add some extra excitement to the match day.
This maximizes the thrill, but it can also impact the wallet, as a successful accumulator bet can yield a substantial profit even with a small stake. However, as a rule, it is the bookmakers who ultimately reap the profits.