In today’s blog post, let’s review together what are the important points and criteria, with strict adherence to which even you can achieve similar success, on Betting or in the world of online sports betting, as Pénzmagnes or members of the Blue Chip Premium group.
Betting tips – The defined goals
Before you start betting, you need to know why you are actually playing. Do you bet just for fun so you have something to cheer for while watching the evening game? Or would you like to bet every month to earn money for beer? Or do you want to become a professional sports bettor? Knowing what we want to achieve with sports betting determines how we approach the game itself. It’s good to have an idea, it’s good to have a plan.
Betting tips – Realistic expectations
If you have managed to determine the goals you want to achieve with sports betting, ask yourself whether they are really realistic. Betting is not easy. Don’t believe anyone who says otherwise. Everyone wants to earn a lot of money with it in the evenings and get rich from sports betting. A small group succeeds in this. Don’t expect every bet you make to win. No one can bet so that every bet is a winner. In general, a hit rate of 52.4 percent already leads to a return. Although this may vary depending on the sport and market environment. Even the most famous bettors in the world cannot produce higher percentages in the long term. That is why the high-stakes BLUE CHIP Premium group has produced an outstanding performance in the years we have left behind, with an average success rate of over 83%. Note that sports betting is not a big success, usually you can’t get rich with it right away. Successful sports betting consists of many small wins that add up over time.
Betting tips – Strong bankroll management
It’s a good idea if you have a certain amount of money that you can spend exclusively on sports betting. Never bet with the last money you have set aside, a loan or the kitchen money. In the worst case scenario, you can lose this frame, always approach things this way. Only bet if you can afford to lose. If you have a specific bankroll, you can make a plan and stay disciplined. If you run out of bankroll online, you can top it up whenever you want, but you certainly don’t want to wake up one day and find that your bank account is empty. It’s also worth tracking your gains and losses.
Don’t randomly put more money on a match just because you have a “gut feeling”. Nobody knows the outcome of the match. The super tuti or even the hyper tuti can go. Everything can go. However, you can bet more on the sports that you think you are better and more knowledgeable about and are more valuable to you. The bet amount may not be changed even in the case of such sports.
When determining the size of the bet, stick to simple things, say “I will put 0.5% of my bankroll on each bet”. The goals you want to achieve with sports betting can also come to the fore when it comes to the size of the stakes. If you are serious about sports betting and bankroll management, you should also look into the Kelly criteria. It helps to optimize your bet sizes, for sports with high variance such as football, tennis, table tennis, basketball (especially if you are just starting sports betting), you may want to use only ¼ Kelly or ½ Kelly.
Betting tips – Timing your bets
If you play Betting just for fun, then skip this point quickly, don’t even bother reading it, but if the goal is to maximize profit, then choosing the right time to bet is a huge task and challenge. After all, odds are constantly moving before and during matches. I recommend that you bet twice on a given option of a match, namely by halving the amount of your bankroll.
Betting tips – Don’t be afraid to bet on the underdog
It’s not how often you win, it’s how much you win when you win. By definition, you will win more often if you bet on favorites, but this does not necessarily mean that you will make more money with it. Everyone knows Barcelona is great. Everyone knows that Novak Djokovic is phenomenal. And everyone also knows that every time Rafa Nadal plays on clay, he is considered a serious favorite. Since everyone knows they are great, no one wants to bet against them, so the Betting odds for them are underpriced. Betting on the underdog, against significantly better-known big teams, often offers more value. Although we win less often, BUT if the paper form falls over, the stake is huge. We in the Pénzmagnes Prémium group regularly go against the bookies, of course we have to be extremely up-to-date. The smallest possible piece of information, even a scrap of news, can play an important role, it can decide life, death or, in our case, the fate of the winner/loser. I believe that over 6.3 Million winnings achieved with Money Magnet tips in 30 months shows that we are doing something extremely well! We boldly go against the favorites of the bookmakers, this is one of the cornerstones of the success of the Pénzmagnes Premium group.
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