Betting is the activity of predicting the outcome of a game or contest, gambling on that outcome and either winning or losing money depending on the actual outcome. It is available online for American football, soccer (particularly cup finals), baseball, rugby, professional and amateur boxing and martial arts, horse and greyhound racing, etc.

So how do sites like UFABET pay out so much? And how can you tap into the winners positions?

Tips for winning more

Here are many useful tips that will help any bettor to win more while betting online.

1. Know the value of the odds

It is crucial to systematically judge probabilities more correctly than the whole market does, and tell whether the odds being given are too high. This provides a chance to capitalize on an opportunity and skip matches that have unfavorable odds.

2. Understand basic arithmetic

Betting is about numbers. While many gamblers rely on instinct and gut feel, the rest must understand what the odds being given mean in terms of probability.

3. Odds made by bookmakers

Bettors should understand that the odds are made by bookmakers based on what they assume the general public will play. It’s a way to get bets on either side of the odds in order to balance their liability and earn a commission. A good gambler looks for great value opportunities from those odds and finds a bookmaker who will not ban or limit winners.

4. Don’t aim for the big score

A bettor should know when to bet on multi-bets (aka parlays or teasers) and when not to. He only bets when he has done his analysis and located true value in each leg.

5. Start with a reasonable bankroll

Money management matters and the idea is to make a profit, no matter how small, and avoid bankruptcy. A bettor has to begin with a betting bankroll that can absorb losses. If he learns to locate value before betting and bets only when he sees value, he will win steadily though the amounts will be small. He will lose some bets. After a year he will have made a profit. After a few years the money would have grown substantially.

6. Treat betting as a marathon

Bettors should think long term, slowly build the betting bankroll and steadily increase the amount bet on each game and never worry about the ups and downs of winning and losing.With patience, a bettor can soon be making good money from betting.

7. Fall in love with underdogs

That team that used to be a favorite but has recently been losing consistently, and has been dropped from the favorite list, is the one whose value rises. Whenever such a team plays, look for value and bet if there is value.

8. Don’t let the past influence the present

A bettor should never be too attached to a recent lose or a recent winning streak and allow them to throw him off his game. He stays with his analysis,sticks to his plan and keeps looking for value in all the odds and bet accordingly.

9. Combine value and high bets

Value alone will not help a bettor to make it big. He needs to find value in sports and leagues where he can bet at reasonably high limits. High stakes are allowed in soccer, British horseracing, American Sports, Pinnacle Sports and Matchbook on the days close to the event.

Paul Petersen