Do you bet on sports? Then you need a well-thought-out betting strategy, a plan according to which you place your bets. It doesn’t matter whether you place your bets in a betting shop or online. If you do it online with an online bookmaker, the whole process goes faster. However, it makes no difference. What really counts is the betting strategy. And that’s what I’ll cover in this blog post. I’ll tell you how to develop your perfect betting strategy in three simple steps.

Step 1. Set a specific goal

The most important task of a bettor is to formulate their goal. If there is no clear, unambiguous financial goal, it is better not to bet on sports at all. However, the result will then be incomparable to anything. And under such conditions, it will usually be negative for a long time. You need a goal. But it cannot be some abstract sum of money. The goal in betting should be supported and linked to parameters such as the starting bank and the conditions for achieving the goal. And you should generally be clear about what and with what motivation you are playing. Are you just playing for fun or not?

Step 2. Determine What Plan You Will Use to Bet Money

Basically, there are two types of financial strategies for bettors. Some financial strategies are characterized by the fact that the amount of the next bet does not depend on the result of the previous bet. Regardless of whether the last bet was won or lost, the player continues to bet the same amount or according to the same rule. The most well-known betting strategy that works according to this principle is the flat betting strategy.

The bettor’s bankroll or capital is divided into equal parts and this fixed amount is bet. Another variant has to do with a percentage of the bankroll. . This is the same thing, only that the basis is not the absolute value, but the percentage. There is also a rule of recalculation. This can be done after the bank has been fully turned over or after a certain growth has been achieved. There are other variants of strategies that do not assume dependence on the outcome of previous bets, for example, Miller’s betting strategy.

Strategies with dynamic bets work differently, where you should recalculate the amount of the bet each time. Here the amount of the next bet depends on the outcome of the previous bet. An example of such a betting strategy is Martingale strategy. If the last bet was successful, you continue to bet the same amount on sports. But if the bet loses, you bet more on the next iteration to compensate for the losses of the previous steps.

Which strategies are better? Any financial strategy can be considered according to two criteria. How quickly the player builds up the bank when he wins and how quickly it “empties” when he loses. If we consider progressive strategies such as Martingale in this context, we can see that the growth rate is no different from the others. If the player wins a bet with a base amount, it grows in the same way as it would with simple flat bets. In addition, there are also betting strategies called progressive. Here, the dependence of the size of the next bets on the result of the previous bets is also provided, but everything is exactly the opposite. If the bet loses, the next bet is made in the same amount, as if playing “flat”. If it wins, the next one goes with an increase.

Step 3. Adjust your betting strategy to the bankroll

Since these starting conditions are different for each player, you must choose different financial strategies. The bettor with a higher bankroll does not need to take a high risk, while the one with a lower bankroll should risk more to get close to the same profit. Those who have a considerable initial deposit can set a moderate goal for their game. At the same time, it is safest to implement the plan using even strategies and using a small percentage of the bank.

Good luck with betting!