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Sports Betting Tips for Beginners

'Sports Betting: A Guide for Beginners' title on blue background.

When you first start sports betting, it’s a good idea to place small bets. This is because there is a learning curve for even the best sport bettor. 

A bankroll is the amount of money you have set aside to bet on sports. Set yourself a limit of cash you want to use and don’t go above this figure. If you set yourself a total budget for instance €100, then place bets of no more than €10 at a time when you are starting out.

You will make mistakes, but they won’t cost you too much if you only use a small part of your cash budget. This plan also makes sure you have enough money to bet a lot before you run out. The more time you play, the more likely it is that you will find your winning strategy.

Focus

A lot of people who bet on sports start by betting on their favourite teams and big games like the Belgium Cup Final or the NBA basketball tournament. It’s a mistake for new sports bettors to bet on something they don’t know much about during big games. 

You have a better chance of picking wins if you only bet on one thing instead of a lot of different things, focus on just one event.

Focusing on a small area gives you the chance to learn things that will help you choose winners. If you want to win at sports betting, you should learn as much as you can about the teams and people you bet on. You can make a steady profit when you can collect and analyse more data.

Understanding Home Team Bias in Sports Betting

Every type of sports team wins more when they play at home instead of away. You can see it in all games, though the exact percentages change from season to season and sport to sport. You should know what “home team bias” is and how it can affect your sports bets.

A lot of people who bet on sports give the home team too much credit when they’re trying to figure out which team is the best bet. We call this “home team bias.” Of course, the home team has a better chance of winning when you’re trying to figure out which team is the best to bet on. But you can’t count that alone.

Don’t always bet on your Favourite Team 

There’s a good chance that the first sports bet you make is on your favourite team. A lot of people who bet on sports keep betting on their favourite team because they want to win money when their team wins.

There’s nothing wrong with this, but if you want to win at sports betting, don’t do it. You need to be able to look at games and teams without bias if you want to make money betting on sports.

When your favourite team is playing, it’s hard to be fair when you bet on those games. You want a team to win when you watch and follow them. 

Key Players and Positions by Sport

There are roles in sports that are more important than others. You can improve your chances of winning by spending more time evaluating players in the most important roles once you know what they are.

For goalscorer bets, usually the striker is the most important player in Football. Basketball on the other hand is one of the few games where bettors don’t care too much about position. 

In football, the best players usually control the games, no matter what position they play.

If you want betting success, you should still look at every position and person on each team, but you should start with looking at the key players and positions.

Bet on sports like a business

Whilst betting is for leisure and fun, to make a profit you should view it as a business. Companies set a budget, keep track of their progress, learn from their mistakes, and try to make choices that will make the whole company money in every way.

These are also traits of the best people who bet on sports. Set aside some money and start keeping track of all your wins. You can add more money to your bankroll if you need to, but it’s easier to keep track of if you keep it separate from your other money.

Visit Magic Betting for Sports Betting

Magic Betting offers many sports betting markets including Football, Tennis, Basketball, Darts, Table Tennis and Golf. Sometimes there are even Accumulator Boosts on the website where additional boosted odds are offered when placing multiple bets.

Visit Magic Betting for the latest odds and betting markets.

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