Sportsbook Tips

Sportsbook Tips: Be Smart About Online Sports Betting

Sportsbook Tips: Be Smart About Online Sports Betting

One of the most popular forms of gambling is sports betting, which is when the bettor can gain an advantage over the sportsbook. This is not an easy thing to do because it requires a lot of careful planning and excellent analytical skills. If you want to get an edge over a sports bookie, you need to be smart about it.

 

The Booming Online Sports Betting Industry

 

Online Gambling MarketCourtesy of Live Casino Kings

As stated in the figure above, the global online gambling market is projected to reach $94 billion by 2025. This comes as to no surprise because of the immense changes that the internet has done over the industry in the past decade. Online gambling, particularly sports betting continues to be a rising trend.

Betting Age GroupCourtesy of L.E.K. Consulting

Sports betting is considered to play a crucial role in increasing sports engagement, mainly towards a younger audience. According to L.E.K., many of the gambling consumers who are in the 18 to 34 age group take in more weekly sports content than those who are non-gamblers. Moreover, these millennial sports gamblers have a +46% higher uplift in content consumption than the other age groups.  

Keeping all of those things in mind, you need the following sportsbook tips so you can make the most out of sports betting:

 

How To Be a Smart Bettor

 

#1 Find a Credible Site

When you look for sportsbooks odds, you need to choose a credible or trusted site where you can place your bets. You can look for reviews and do your research before you start betting so that you can avoid getting scammed. Learn more about it by reading this article: “How to Pick the Right Betting Online Sites.”

 

#2 Select Payment Options

The deposits and withdrawals that you’ll have to make will rely on the sportsbook that you will use. There are a variety of options available, from Bitcoin to Mastercard. All of these are secure and reliable. You just need to remember that there are required minimums and maximums for each payment method, and they are also subject to change any time.

 

#3 Get Promotional Offers

Almost all sportsbooks provide promotional offers or bonuses. You can find a site that has enticing promotions and bonuses such as when you are given a welcome bonus when you set up an account. 

 

#4 Bet Smartly

Never be impulsive when it comes to sports betting. Start small when you place your first bet and only wager the amount that you can afford. Do not become an addictive gambler who’ll splurge all of his expenses when betting. Be smart and objective and always analyze first.

 

#5 Understand the Sportsbooks Odds

Betting online is convenient but it will not be a success for you if you do not understand the different types of odds that will be listed on the chosen site. So, find the time to research and learn more about the odds before you can start your sports betting to increase your chances of winning.

 

After understanding all of those tips, you will be on the right track when it comes to sports betting. If you are looking for a reliable site, VOdds is an Asian sportsbook aggregator that offers the best services and bets for the smart punter. You can check us out by registering today! 

Live Streaming

The Benefits of Live Streaming in Football Sports Betting

Benefits of Live Streaming in Football Betting

According to the Industry Research, the Global Live Streaming Market is expected to reach $ 60 billion by 2026. The said industry is on the rise, especially with the help of technology and the internet. Because of this, various sports betting websites have seen its potential and have added live streaming as one of their features.   

Live streaming can be in various forms. It may be through television or online. This medium has opened a lot of opportunities for punters. Live football betting is a great example of one of the most sought after types of sports live betting.

 

Why Live Streaming

 

Courtesy of Neil Patel

When it comes to a bet on sports, football is at the top of the list. With millions of avid fans, many have turned to live football betting because of its various benefits. It gives them the freedom to place their bets during the actual sporting event, which is in contrast to the traditional betting where you have to place it beforehand.   

When streaming the match live, punters have real-time access to information and data that can influence their bets. They can make use of technology to be up-to-date about what is happening to the game. This is considered an advantage because they would be able to keep up and decide whether the odds are in their favor. A key thing to also take note of is that in live sports betting, bookmakers often also change the odds based on the events that take place on the game. That’s why live football betting also requires the punter to have a comprehensive knowledge of the sport and the overall tendencies of the games.

 

Live Stream Benefits

Courtesy of Go-Globe

Live betting is known for the excitement that it brings to the punters, but they must not let their emotions get the best of them. Experiencing the game for themselves requires them to strategize and have a set of plans to maximize their chances of winning the highest rates. Bettors need the right data and know the stats of the teams involved and the matches that they have played before making their bets. 

For more tips on becoming a smart punter, check out the following articles: 

A crucial factor when it comes to sports live betting is picking the right bookmaker. VOdds can help in that regard. Just register with us today and be a step closer to becoming a successful punter.    

sports betting rules

Three Sports Betting Rules To Follow

Effective Sports Betting Rules

If you want to make a career out of sports betting, you need to learn how to win your sports bets.

Although it may sound simple, the reality is it’s not that easy to accomplish.

So to help you finally get that win, here are some important sports betting rules to follow:

1. Learn and Understand The Concept of Value

This is the greatest and most significant factor that you always need to take into account. As a sports bettor, if you don’t have any knowledge about the concept of value, then it’s better to leave betting to other people.

For instance, you might be confident that a 1.33 favorite is not going to lose but are the odds being offered have any value? Before you jump into the boat with the other amateur bettors, you need to consider if the probability of winning is better than the odds in place.

sports betting odds

Courtesy of Gambling Sites

2. Don’t Lose Your Focus

Never allow losing streaks to throw you off track. If you want to succeed in sports betting, you need to develop immunity against misfortunes. Staying in the game with a clear mind can help you analyze your decisions more effectively.

Similarly, you should also avoid celebrating too much when getting a winning streak. Too much excitement may lead you to become overconfident with your sports bets, resulting in poor gambling decisions.

3. Know Your Sport

When engaging in sports betting, you have to know the sport you’re placing your bets on. For example, you can’t just bet on football without knowing its trends.

sports betting chart

Courtesy of Statista

As a rule of thumb, you need to capitalize on sports that you’re familiar with. While there are a lot of bettors that take advantage of the sports that they love to watch, it’s not too late to explore other games.

The fact that sports betting is popular globally implies that there are unlimited chances of making a living or even a career out of it.

betting round chart

Courtesy of Australian Research Gambling Centre

Log into your account to place your sports bets online and start applying these rules to your game today. Don’t have an account yet? Create one quickly!

 

betting winning streak

Analyzing Winning Streaks in Sports Betting

Winning Streak in Sports Betting

Winning and losing streaks are very common in the sports betting industry. Every sports bettor was able to experience hot and cold betting streaks somewhere down the road.

A winning streak is defined by the ability of a bettor to avoid losing over a given period of time. If you are an avid sports bettor, then you must be familiar with Billy Walters — a man perceived as the most successful bettor to have ever graced the world of sports betting.

Willliam T. Walters is famous for his tremendous winning streaks which reportedly extended for 30 years. For that reason, he was able to mint millions of dollars annually.

While many may have suffered from losing streaks, there are also a good number of sports bettors who have managed to taste the beauty of winning streaks.

winning probability chartCourtesy of Pinnacle

Researchers from University College London (UCL) discovered that winning streaks really do happen. According to the study, the more you win, the more you are likely to develop a good premise on how to place your bets strategically.

However, it was then further revealed that winning streaks are determined by more than just being skilled in sports gambling. Whether you believe it or not, one of the unjustifiable elements that can trigger a winning streak is luck.

You’ve read that right. Luck is like rolling a dice and getting the exact number you want. Of course, sports bettors need to be skilled when it comes to analyzing their bets, but luck is an effective sports betting solution if you want to secure good profits at the end of the day.

The growth of sports betting services in the online gambling market is evident in 2020. Not to mention, its compound annual growth rate is anticipated to rise by 11.4% until 2026.

online gambling forecast

Courtesy of Statista

While getting a winning streak does not solely rely on data, there are ways you can do to limit the chances of suffering a losing streak.

  • Evaluate Your Betting History
  • Focus on Targeting Your Favored Market
  • Create a Short-term Betting Goal
  • Avoid Emotional Sports Betting
  • Find a Reliable Sports Betting Provider

You can also check out these related articles about sports betting:

Log into your account and start winning today! Don’t have one yet? Register now.

emotional sports betting

Overcoming Emotions in Online Sports Betting

Emotional Betting in Sports Trading

Psychology reveals that we all have the capability to manipulate our minds when we consciously engage in certain habits. This is why many participants in online sports betting deliberately undertake habitual practices that can prevent their emotions to get the best of them.

The best sports bettors in the world are composed of individuals who are capable of setting their emotions aside when making betting decisions. So, if you want to become successful in online sports betting, maintaining a good balance is the key.

Sports Betting

Courtesy of eLearners

Online betting on sports requires one to be wise in money management. This is in relation to the fact that most people spend money without thinking about the financial implications of losing any bets.

To successfully attain an emotional balance, you might want to consider these things:

  • How much money can you afford to spend on betting?
  • How much do you plan to spend on a weekly or monthly basis?
  • What is the “regular” amount of money you will place on a standard bet?

How Much Are We Spending on Gambling?

gambling spending graph

Courtesy of Finder

The online betting industry has constantly been on a hot trend every year, leading the UK  sports bettors more engaged than ever. It is a clear indication that you have to change your bad betting habits if you don’t want to end up facing a financial dilemma.

gambling employee graph

Courtesy of Statista

Letting your emotions take over your sound judgment when participating in online sports betting will eventually result in failure or even potential bankruptcy.

If that happens, you may refer to these following articles:

Many people unconsciously resort to emotional sports betting. For instance, if your team successfully made it to the Super Bowl for the first time in history, it is almost impossible to not become driven by the desire to see them win the championship.

If you believe you can handle the emotion-evoking effects of sports betting, start trading the right way by logging into your sports betting account. You can also create an account if you still don’t have one yet.

Cashing Out in Sports Betting

Cashing Out in Sports Betting

When To Cash Out A Bet

An often hotly debated topic in the world of sports betting, cashing out in live betting certainly divides opinion and sparks discussion.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

A development that’s come into focus in recent years, cash out betting gives you the chance to take home some winnings early or minimise your losses before an event is completed. Essentially, it’s a safety first option for a punter. A feature that’s available on almost all markets and sports, it’s definitely an aspect that’s on the rise and being marketed heavily in recent times.

Cashing Out in Sports BettingCourtesy of BetShoot

With so many operators out there with different ways of implementing their cash out process, you should do your research and gain all the information you need to make informed decisions, plus so you know the guidelines associated with cashing out depending on the bookmaker you’re using.

Cashing Out in Sports BettingCourtesy of Betfair

When deciding if cashing out is the right call, many punters will use statistics to see which teams perform better or worse in the second half of matches, which will go along way in determining your selections.

Cashing Out in Sports Betting

Courtesy of Tab

For some bettors, cashing out isn’t seen as a good option, for they want to see out their bets that they have put so much time and research into.

All things considered, there’s certainly situations when cashing out comes in handy and times when it’s best to be avoided. It all ultimately comes down to your ability to pick when the right time is to make your decision and whether you like using it.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful punter.

register on vodds

Home Field Advantage Benefits

Does Home Field Advantage Make a Difference

With home field advantage being a crucial thing to take into consideration when betting on any sport, there’s certainly many reasons why this can give you some great profits.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

Obviously playing in familiar surrounds gives the home side a huge advantage, for they know the ins and outs of the surface and feel extremely comfortable in front of their home crowd. In addition, the home crowd’s noise level and size can really spur their team on and help their performance reach an extra level. An intriguing thing that bettors need to research is that when a team moves into a new stadium how it usually takes them a while to hit their stride.

Courtesy-of-PinnacleCourtesy of Pinnacle

The fact the home side doesn’t need to travel is a big positive too, for the impact of traveling can have a detrimental effect on performance when parlayed with playing in an unfamiliar environment.

Courtesy of LineupsCourtesy of Lineups

Weather conditions can also give home teams the edge, especially in situations when the visiting team have to travel to a team that’s home ground is at a high altitude.

Interestingly, a study came to the conclusion that home teams can often benefit from favourable refereeing decisions such as getting more penalties and the away side getting more red cards too.

Courtesy of Advanced Football AnalyticsCourtesy of Advanced Football Analytics

A key thing to consider whenever you’re placing your bets, home team advantage can definitely give you the upper hand, as there can be so many factors that give the home team an edge.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful punter.

Three Betting mistakes to avoid

Three Betting Mistakes To Avoid

Whenever you begin your journey into the world of sports betting, there’s some mistakes you’ll want to avoid making if you’re to give yourself a shot of being a success. Here are three crucial errors you’ll want to avoid.

Trying to be a profitable bettor? Check out our guide to becoming a professional sports punter.

  • Not using a bank management plan

One of the easiest mistakes many people fall into is not using a bank management plan. If not implemented, punters can quickly fall into many bad habits such as going big on certain events and chasing your losses.

Having a sound bank management plan adds structure and discipline to your wagering, thus allowing you to make coherent choices so you don’t run down your bankroll rapidly and bet beyond your means. Using a bankroll management system from the beginning will also put you on the path of getting into good habits and realising why this is such an important thing to utilise.

Betting Mistakes To Avoid

Courtesy of Sports Insights

Ensuring you remain in control and exercise sound judgement, a staking plan is a must for any bettor.

  • Chasing your losses

An extremely common mistake that most bettors have committed is chasing your losses. Usually occurring immediately after a bet is lost, this is definitely something you’ll want to avoid as most of the time you’ll just bet on the next event in an attempt to regain the money you’ve lost. Inherently, this will lead to a poor decision and one that will ultimately end in another loss, which only compounds issues for you.

Betting Mistakes To Avoid

Courtesy of Sporting Charts

By using a bank management plan (as mentioned above), this is a much better way to go about your betting and is a simple solution to avoid falling into the trap of chasing your losses.

  • Not searching for the best odds 

Taking your time to thoroughly search around for the best odds is definitely a worthwhile thing to do. After all, with so many bookmakers fighting for your business, it makes perfect sense to see which outlets are offering you the best odds in order to maximise your profits.

This usually means opening up accounts with different bookies, which can be a tiresome process, but something that’s undoubtedly worth doing in the long run.

Betting Mistakes To Avoid

Courtesy of Sporting Charts

Another piece of information to take on board is to keep checking odds and don’t settle on bookies that have served you well in the past, for your aim should be to make the most possible when staking your hard earned money.

Make the most of your sports fancies with this bettng guide, switch with VOdds NOW!

Clean Sheet Betting Explained

Clean Sheet Betting Explained – What Does it Mean?

While clean sheet betting is not the first market that springs to mind when thinking about sports betting, it’s unquestionably an avenue worth exploring.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

Also applicable to sports like ice hockey, where it’s called a shutout, this method of wagering can be quite fruitful if you undertake your due diligence.

Clean Sheet BettingCourtesy of Reddit

How to Start Clean Sheet Betting

Before placing any bets, it’s important to support your potential selections with some research. A great place to begin with is by looking at any injuries or suspensions to key personnel that can impact the probability of a team keeping a clean sheet. Checking current form and recent historical data between two opponents is also worth investigating to see if any usable data can be found. Observing home and away form can also give you an edge.

Clean Sheet BettingCourtesy of Fantasy Bet

Taking a deeper dive into some detailed statistics can serve you well too, for this allows you to check on things like goals per game, shots per game, chances created and conceded per game, expected goals for and against per game and how many clean sheets the team you’re looking at has actually kept.

Clean Sheet BettingCourtesy of Average Opposition

Observing the styles certain teams deploy should be used to investigate how attacking or defensive they are, which can play a crucial role in seeing how well equipped they are to keep clean sheets and hold out their opposition.

Simple to use and very accessible, if you’re willing to spend the time to patiently and thoroughly explore all the factors that can influence your wager, this market is definitely worthwhile looking into.

Put your “clean sheet betting” knowledge to test! Register with VOdds if you don’t have one yet and be on your way to becoming a successful punter.

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