A key to winning money as a punter is to identify games that offer you as a punter a good value. Where the odds don’t reflect a teams true chances of winning. The difference between a teams or athletes true chance of winning and the odds is referred to as the value of the game (from a punter perspective). The value can be both positive and negative. If a team have a larger chance to win than the odds indicate then the bet offer a positive value. If a team have a smaller chance to win than the odds indicate than the bet has a negative value.
Finding games with a positive value is the key to winning money over time. If you correctly predict the value of a game you can choose to only bet your money where you have an edge to win money. It is important to know that random elements will play a large role in individuals games and the value of a game will not guarantee that you will win money betting on that game. The goal is instead to maximize your chances of winning money over time.
To be able to find games that offer good value you will need to be more knowledgeable than the people setting the odds. You need to be able to spot where they have misjudged a teams chance of winning. Maybe they have forgotten to factor in a key injury or a teams up going trend.
If you want to be a successful punter you will need to devote enough time and energy to your craft to become an expert. The more you know the more successful you will become. The same is true for betting on horses, Grey hounds and poker.
It is very hard to be an expert on all types of sports. It is often better to focus on a certain sport and only bet on that. It is too hard to be an expert on several sports. It is better to be very good at one sport and place fewer more successful bets than it is to place more bets with a lower success rate. It is not how much you bet that it is important. It is how much you win.
Which sport you should specialize is completely up to you. It is often easiest to specialize in a sport you really like and where you have a genuine interest to stay appraised of everything. If you choose to gamble on a popular sport such as soccer you might want to consider limit yourself even further. It is very hard to be an expert on global soccer and all the different leagues you can gamble on. It is easier and often better to focus exclusively on a single league like the premier league. Remember it is always better to be an expert on one thing than to be good at many.
There are some sports where it is easier to find good value than others. Generally it can be said that it is easier to find good value in less popular sporting events. This is due to the fact that the sport books will put much more energy and expertise towards getting the right odds for a popular sport events that will attract a lot of bets than they will towards a unpopular event that will attract only a few bets. The sports books will focus on where they have the most at stake. By focusing where others don’t and being an expert on less popular sports you can earn a lot of money. You might even end up being offered a job by one of the sport books.
One often neglected but very valuable area is women’s sports. They don’t attract much interest and only a few people bet on female events but the sport books still offer a selection of games to bet on. The media doesn’t really pay much attention to women’s sports either. This all means that most punters and odds setters are somewhat uninformed about the different teams. This makes it very easy to find good value in women’s sports and by becoming an expert on it you can tap into an untapped gambling bonanza.