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Home sport betting

Strategies for Earning Profits Through Football Betting

LiveBetPro by LiveBetPro
October 1, 2023
in sport betting
0
Strategies for Earning Profits Through Football Betting

Guide to Successful Football Betting

Introduction

In this post, we’ll go over the essential tactics and strategies that should be followed to become a successful sports gambler.

After reading this guide, you should have a clear idea of how to bet and win your football/soccer bets.

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1. Locate Overpriced Betting Markets

To understand how to locate overpriced markets, we first need to know how bookies make their money – the secret lies in the odds.

You can read a more extensive explanation in this article right here: How a Bookmaker Comes Up with Odds.

The odds for almost each betting market favor the bookie and not the punter.

However, an experienced punter can locate betting markets in which the odds favor the punter and not the bookie.

These types of bets are called value bets – bets that have been overvalued by the bookie. And you can read more about them right here: Value Betting – What Is It?

Many times users will send us an email asking how to bet on sports successfully. And the first thing we say to them is this:

Consistently, placing bets overvalued by a bookie is a proven strategy that guarantees a long-term profit.

It’s a strategy that is employed by successful professional punters across the world.

Check out overpriced bets from +50 leagues and +100 bookies on our VIP section.

2. Track Your Progress

If you want to bet on sports successfully, you need to be keeping a record of your bets.

You should know precisely how many bets you have won and how many you have lost in a specific time frame.

Doing so will allow you to:

  • See how much money you have won or lost.
  • Gather data, analyze it, and make conclusions.
  • Make educated decisions regarding future bets.

3. Have a Set Bankroll and Follow a Strict Staking Strategy

Figuring out how to bet on soccer involves more than just locating value and keeping track of your bets.

You would be surprised that most punters do not have a set amount of funds allocated for their football bets.

One month it’s $500, the next month it is $350, and the month after that it is $1000.

What is worse, is that even those punters that have a set bankroll usually do not have a stacking plan.

One time the stake is $10, the next time $50, the time after next $25, and so on.

Punters like these will usually go through the entire bankroll pretty fast.

And then they are looking to borrow some money just to stay in the game.

Asking these people to explain why they stake a particular amount on one bet and different amounts on the next is a pretty pointless exercise.

They usually answer this question with a typical “I just feel like it” or “I don’t know.”

First of all, a professional punter who wants to win money betting on football needs to have a set bankroll.

A set bankroll is the exact amount of money that you have put aside for your football betting.

At the end of each month, you can calculate the amount of money you have made betting on football.

You’d be surprised that most of the punters have no idea how much they lost or won.

Second, to bet on any sport successfully, you need to have a stacking plan, which will ensure that you will not lose your entire bankroll.

There are many stacking plans out there, and most of them are relatively complex.

So, since we like to keep things simple on Sporita, we recommend that you start with the 5% stacking plan.

With this plan, you always stake 5% of your entire bankroll on each bet.

This way, even if you end up losing a few bets in a row, you still have enough money to stay in the game.

4. Never Bet On Your Favorite Team

This type of bet serves as a steady income stream for most bookies.

Most people and punters tend to overestimate the strength of their favorite team and underestimate their opponents’.

Therefore, staying objective in these situations is practically impossible, and nothing is worse for a punter than a lack of objectivity.

5. Stay Disciplined

Most bettors tend to lay bets on practically all of the betting markets offered by the bookies.

Work on developing a disciplined approach to your football betting. Focus on individual leagues, teams, and bets which you can analyze and become an expert in.

Thoroughly learn all aspects of a chosen league and identify opportunities when picking favorites and underdogs.

6. Search for Exclusive Bonus Offer Opportunities

Bookie bonus offers are a great way to start your sports betting journey.

For example, this top online bookie is handing out a great sign-up bonus to all new players. Claim Your Bonus Right Now!

7. Never Bet on Decisive Games or Finals of Major Competitions

The above is simply a piece of advice, not a rule!

If one of the teams involved is heavily favored, you should refrain from placing a bet.

The same applies to decisive matches and finals.

These events are always, I repeat, always rigorously prepared for by the bookies, who manipulate the odds to leave you with no margins to profit.

8. Control Your Emotions

Never rush to place a bet. Always gather all of the available info and only then make your educated bet following your betting strategy.

As we mentioned earlier, you should also never stake more than 5% of your total bankroll. Once you’ve placed a bet, relinquish all emotional ties to it.

The bet is now on and running, and there’s nothing you can do to affect the outcome. Sit back and enjoy the process.

9. Regularly Check the Odds

The lower the odds, the higher is the probability of the bet winning.

If you’re starting in football betting and are hesitant to try out Value Betting, we recommend picking markets with small odds.

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Your profits won’t be high, but the probability of you winning will be.

Experienced bettors often compare bookie odds and place their bets with the bookie that offers the best odds.

Many pro bettors often pick this bookie because of their excellent odds.

How To Make Money on Football FAQs

What is the best way to make money betting on Football?

Value betting is the best and most reliable way to make money betting on football and soccer!

You can find value bets right here.

How do successful gamblers make money betting on Football?

They stick to these basic rules:

  • Locate betting markets that have value
  • Have a set Bankroll
  • Develop a stacking strategy
  • Control your emotions
  • Stay Disciplined

The information above will be most useful to inexperienced bettors, but pro bettors could also use it as a reminder to keep good betting habits.

Good luck with your betting!

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