A lot of the time sports betting is more like a source of stress than a good income source. I was in a situation when I had no idea what I was doing wrong, but I lost almost every bet I placed. These moments make you ask yourself:
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How to bet without losing?
In my experience, the best ways of betting without losing any money are matched betting and arbitrage betting. With these techniques, you will win your bets every time, because they are the safest ways and strategies for betting on sports. For more details keep reading.
1.Follow a betting strategy based on mathematics
You can find a lot of techniques and strategies that are generating a guaranteed profit.
The most basic and common ones are the ones I already mentioned: arbitrage, matched, and value betting.
You can find several articles about these on this blog.
2.Follow a good staking strategy
Even the most basic strategy (flat stakes – the same stake on every bet) is better than not following a system.
In the following article, you can read about the profitability of different money management strategies in value betting.
3. Become experienced in one sport
I followed tennis and basketball matches for years. I started betting on them with arbitrage betting.
By watching the streams, I figured out some new ways and opportunities.
If you have enough experience and knowledge you will see wrong odds and overpriced markets before other bookmakers could.
This way you can find loopholes for almost guaranteed money. This betting is very similar to value betting.
4. Stop following tipsters without a long history
The biggest reason for losing in sports betting is following bad tipsters. It is hard to figure out how to find a good one.
In the following article, you can read my opinion about tipsters.
5. Stop betting after a big loss
Matched betting and arbitrage betting are guaranteed techniques for betting without losing.
But if you choose to take some risks and way higher profits (with value betting) sometimes you can face longer losing streaks.
Even for me (with 8+ years of experience) it is inevitable to lose 10 – 12 bets in a row.
In these moments taking a short (even one or two days) break is a good solution.
6. Forget placing parlay bets
After placing bets on bad odds, they are the biggest reason why most players are losing in the long run.
Accumulator bets were created to decrease your chance of becoming profitable in the long run.
Based on mathematics you will lose all of your money if you place enough bets.
How to beat the bookies?
Both of them are based on finding overpriced outcomes and covering the other outcome at another bookmaker.
This betting technique is called arbitrage betting.
The best way of beating the bookmakers is by finding wrong odds or wrong betting lines. We are lucky enough because bookmakers are in a big competition with each other.
This is forcing them to offer better odds, better bonuses and a better user interface for bettors.
A lot of the time bookmakers have different information about an outcome or a team.
These discrepancies are creating opportunities for smart bettors.
Taking advantage of a wrong odd and covering the other outcome anywhere else will generate you a guaranteed profit.
If you click on the following links, you can read my review about two cheap/accessible Arbitrage scanner services.
Arbitrage betting by itself only is very profitable, but paired with matched betting will boost your income.
Bookmakers are offering welcome bonuses and free bets to keep you active.
If you are placing a bet at the bookmaker with the bonus and you cover the other outcome, no matter who wins you will complete the requirements for the bonus.
For more information, you can check my guide.
In the following article I reviewed one of the best service on the market.
They are providing every essential information and support for succeeding in completing bonuses.
OddsMonkey is offering the blueprint for successful money-making even for those without experience.
You can read my review about their services by clicking on the following button.
What is the safest way to bet on sports without losing?
Generally speaking, the safest way of betting without losing is based on a mathematically proven strategy to be profitable at least in the long run.
A lot of the betting techniques are offering an edge over bookmakers. Some of these strategies are not offering a 100% guarantee that you won’t lose any of your bets.
For example, Value betting is one of the most profitable strategies, but it will generate profits most of the time only in the long run.
My following article is a detailed review of RebelBetting.
They are scanning bookmakers for overpriced markets.
Their sure betting and value betting service helped thousands of bettors to generate a lot of profits.
In the following link, you can read my Betburger vs Rebelbetting review with a detailed table. Both of them are leaders in arbitrage scanning.
For bettors from the US or Canada I suggest to take a look on my review about OddsJam.
Are you from Nigeria? Find out which is the best arbitrage betting software in Nigeria!
This could be your first step for making thousands a month from sports betting.
The safest betting strategy is matched betting. Taking advantage of bonuses will guarantee you a decent income from betting.
The biggest risk and drawback of arbitrage betting is that bookmakers are getting very smart in catching arbers.
If you are covering the bets with arbitrage opportunities under 0% (where the guaranteed return is under 0, so basically you will lose a very small portion of your stake) you are reducing the risk of getting your account limited.
Here you can find my review about the best free arbitrage scanner services and software. By using them, you can start your profitable betting journey.
After getting comfortable you can opt-in for a paying subscription, for way more profits.
With matched betting, you will win and you will generate money with every one of your bets. The only possible case when you can lose a part of your balance is human error.
Placing bets on different markets or wrong outcomes can lead you to lose a part of your profits.
Matched betting offered the safest income for a lot of bettors. Not losing money on your bets can be the best solution to any gambling addiction.
You can continue sports betting, but without risking any money.
Want to make Big profits without risk? Betburger is the perfect premium service for your needs!
I’m an active user of their services for years. Read my review and try them for a day with at least 3-4 bookies they are covering.
Why do I keep losing my bet?
From time to time most sports bettors have the feeling that no matter what kind of bets they are placing on any kind of odds, they are still losing most of them.
Losing money on sports betting can have several reasons:
Bad staking plan
Even the best betting strategy can be ruined with bad money management. Following a good staking strategy will help you reduce losses during bad streaks.
On the other hand, you can experience more stable growth of your balance if you are respecting the staking strategy.
In my experience placing bets with 3%-5% of your actual balance will offer an acceptable profit. And besides that, your chance of losing your whole bank will be lower.
Following bad strategies or bad tipsters
Also based on my experience, almost every betting strategy not based on mathematics will make you lose a lot of money.
A lot of smart bettors have gained enough experience in a sport that is helping them to stay profitable.
This kind of knowledge can be based on instinct and experience, not necessarily mathematics but it requires a lot of learning and time.
The internet is full of people who are promising and offering bulletproof strategies and tips.
To be honest, if those strategies are not mentioning any kind of relation with mathematics, I become very skeptical.
On the other hand, the most favored betting strategy of people is following tipsters. If you want to place bets based on tipster advice you don’t need to be an expert in a sport, you just have to place their picks on the same odds.
Following tipsters could seem a comfortable solution and the easiest way of sports betting, but it has a lot of downsides too.
Not choosing the right guy to follow can destroy your balance.
Even a good strategy can be hit by a long losing streak. No matter how good your selections are most betting strategies can’t guarantee you to win every time.
Sometimes you can have really bad luck even with a good value betting strategy. A losing streak of 10-14 bets can be even “normal”.
In my experience, the best way of reducing the risk of big variances is choosing the right staking strategy.
Bookies are beating you with bad odds
Most bookmakers are working with a profit margin of 3%-8%. If the bettors are placing balanced stakes on every outcome, the bookie will get 3%-8% of total bets as a profit.
If you are betting on normal odds that are not wrong or overpriced, in the long run, you will lose money.
This happens because you are placing bets on odds that are lower than their true probability of winning to be won.
You are chasing losses
After running into a losing streak most bettors can get make bad decisions.
Most of us will think about trying to recover the losses by increasing the stakes or by placing bets without any value.
This betting behavior is very dangerous because it can lead to even bigger losses.
If we are increasing the stakes even a value bet will increase the risks of losing a bigger portion of your balance.
Placing bets when the odds are not right
Even if we are following a good betting strategy, we can make mistakes.
Sometimes intentionally and sometimes by bad luck, we are placing bets on odds that are not right.
For example, while value betting I often take odds or betting lines that I know it’s not necessarily a good choice, but I hope that I have enough experience and it will be a winning bet.
On the other hand, we all met the situation when the bookmaker is accepting our bets on lower odds than it was supposed to.
Both situations can easily lead to losing a part of our balance in the long run.
Placing parlay bets
Parlay bets contain multiple betting selections.
The main role of this betting technique is increasing the payout by multiplying the odds of the selection.
The biggest downside of this betting strategy is that not only the payout will be higher, but the risk of losing it too.
A single bet by itself too is holding a decent risk of losing it. But combining more selections will lower the chance of winning the bet substantially.
Parlay bets can be profitably combined with smart betting techniques.
But without a deep understanding and experience of how value bets work, they will keep you losing most of your bets.
What do you do when you lose a big bet?
Sometimes every bettor will take a higher risk with a bigger stake to recover some losses or to win a bigger amount.
Chasing these kinds of big bets can lead to losing a bigger part of your balance.
After this loss, your state of mind can easily change and might lead you to making bad decisions.
In my experience, the best thing you can do in this case is to take a break and calming down.
Even a short break of 20-30 minutes can get your mind clear.
Later you can continue betting without risking placing bets not corresponding to your smart betting strategy.
Bad staking plans and strategies that are not based on mathematics are the main reasons.
The best thing you can do in this case is to take a break and calming down.
The safest ways of betting and the best strategies to beat the bookies are matched betting and arbitrage betting.
The safest way of betting is based on a mathematically proven strategy to be profitable at least in the long run.