Last updated on December 29th, 2021
How to make money in sports betting? Newbie and professional punters are equally interested in this question. It’s really exciting to earn significant profit based on sound analysis and a great strategy.
To embark on this, the very first step is choosing the best online sportsbooks. Our VOdds sports betting platform will help you find all these quality Asian sports bookmakers to compare odds all in one wallet!
This article will focus on basic tips on how to bet on sports and make money. We will share tips for playing with bookmakers and reveal some pitfalls.
Different Types of Bets
The first thing that sports bettors need to decide on is which betting type to use. Online betting sites have a large number outcomes and here are the most basic ones:
- Single bets – This bet involves predicting just one outcome of a match. This is the best type of wager for beginners and it generates a lot of money too. For example, you bet that Chelsea would win against Man Utd in the Premier League, and if that outcome happens, your bet wins.
- Express bets – This type of bet appeals to more advanced punters as it’s a bit more complicated if you’re unfamiliar with it. The main point of this is that you choose several events in the check at once. If they all play, then you can receive profit. The coefficient of all events is calculated by the formula of multiplying the bet amount by the coefficient of all events. This could be in the form of Asian Handicap, Totals, 1×2 and other types of betting.
- System betting – The most difficult of all betting options. It is a system of several express trains at the same time. The number of events for each of them must be strictly the same. You can learn this with a lot of research and actual experience. Some systems that you can read about are Martingale System, Paroli Betting System, Oscar’s Grind Betting System, and a lot more.
Join VOdds today to explore many different betting types and markets that can surely bring you more wins!
How do professional punters work?
Every beginner wants to get football tips from professionals, especially on how to make money from it. And here’s how many professional punters talk about online gambling.
First is to choose the type of sports that you want to bet on and understand how it works. Study the teams, issues, and only then you can start taking action.
Secondly, you should not scatter your money betting in large amounts. This is one of the major pitfalls that ruin any betting experience. Instead, try to keep your bets low when you’re just trying out new online sports betting sites to know which one works best for you and gives you the best bonuses and promotions. When you understand the whole process using your favourite websites and mobile apps for your sports betting, then you can make more confident bets as you learn.
Lastly, be sure to consider all the statistical information before placing your bets. Consider the form of the teams and individual players. Study the betting odds given by your chosen bookmakers. After that, formulate your own strategy and conclusions and place your bets carefully.
On VOdds, you can do all of these in one platform so you are more secure and you can easily monitor your money in one wallet while utilizing higher odds and limits from the top Asian bookies out there.
Read our article “What are Math Bets? Learn the Basics” to gain more knowledge and make your bets more effective.