Betting can be a dangerous venture if you do it without a strategy. If you’ve lost loads of cash through betting, you’re familiar with what we are talking about. But, there are a couple of strategies, that if used appropriately, can deliver excellent results and consistency too.

Here are some of the strategies you can use, to increase your chances of success in betting.

Create Accounts with More Than One Sportsbook

Having more than one sportsbook can give you more advantage than you can imagine. To start with, you are able to compare odds being offered by each sportsbook, thus placing your bet on the highest odds; secondly, you can also capitalise on a sportsbook that is offering a bonus. So, the more sportsbooks you are registered to, the more rewards you are exposed to. With most sportsbooks available on the internet today, it is straightforward to capitalise on this strategy.

Study Techniques of How to Create Smart Bets

On smart betting, there are many rules that you can use. Some are odds you should avoid, while some are about teams you should shut off.

As much as we advocate that your bets should be at least one per cent of your bankroll, sometimes it’s best if you reduce your stake, depending on the confidence you have on the bet winning. On the other hand, you can slightly increase your wager, if you are confident that the team will win. However, stick to the plan, regardless of your confidence level; never stake more than your bankroll, in fact, sometimes it is best if you just gamble with what you can afford to lose.

We should also recommend to never wager on a bet you not confident with, there is no shame in walking away, and there is always a better bet next time.