Ultimate Sports Betting Formulas For Proven Success

Ultimate Sports Betting Formulas For Proven Success

The success behind every long-term bettor is a crucial formula or a set of strategies. The proven effective sports betting formulas punters should follow it varies from the type of sport, the nature of the tournament, the location of the event, and other variables.

Proven Sports Betting Formula

Some of the proven and effective sports betting formulas include:

1. Making Wagers On Mispriced Wagers

Punters can make wagers on effectively mispriced chances or when too many fans bet on a particular outcome occurring. For example, fans may feel one team has an advantage over the other, while past performance shows three draws out of 4 meetings between the two teams. A punter must consider the possibility of a draw result in particular sporting events such as football, test cricket, and other sports with a low probability of a draw in events such as one-day cricket, tennis, and basketball.

2. Wagers On Inaccessible Games

Punters that make wagers on inaccessible games have more betting options and value betting situations versus punters who make wagers exclusively on big games or tournaments. Such punters have access to more value betting situations because a few wagers on just one outcome can tilt the odds in one direction. Secondly, since the games aren't followed globally (such as Leagues in Malaysia or Qatar), they are often mispriced by punters exclusively betting on assumed favorites. Even wagers on unpopular teams in popular leagues can be a profitable strategy for a punter when making sports wagers.

3. Operating In Multiple Betting Markets

Successful punters tend to operate in multiple betting markets across different sporting events. Using within a betting market or multiple betting markets allows punters to select which type of profitable wager to make besides wagers on the game's outcome. For example, a punter may notice a team tends to score goals late in a game because they bring on fresh substitutes and play the tempo to attack the most in the last 10 minutes. Punters can make wagers for that team to score a goal between the 80-89th minute or in the second half and make a profitable wager on a particular betting market.

4. Using Statistics And Metrics

The use of statistics and metrics separates consistent punters from inconsistent punters. Punters that use metrics and statistics to make wagers tend to perform better than other types of punters in the long term. Punters must consider using different metrics and statistical information to make wagers depending on the type of sporting event and the betting market. For example, punters can make wagers using statistics such as goals scored, goals conceded, runs scored, wickets taken, points scored, most goals scored, performance over the last five games, squads changes, and other helpful information. Punters can download the raw player and team data from official league websites like the Premier League or La Liga in Excel or tab-separated values format.

5. Making Predictions Using R Software

Punters can predict the expected results of soccer games, basketball games, hockey games, cricket games, tennis games, and more. Using past data that are mostly publicly available, punters can predict the probability of a future event or result occurring. Using R, Excel, Rstudio, Google Sheets, or Python can help punters make calculated wagers instead of punters making wagers on a hunch. Professors, traders, and analysts use this software to statistically predict different events or analyze past results. Punters can learn other sports modeling techniques on Youtube or the Sportstrade platform.

6. Understanding The Sporting Event

A particular sporting event's type, nature, and rules give a punter an edge over punters who may not know the rules thoroughly. For example, T20 cricket is very different from test cricket, with the same squad or country fielding completely other teams depending on the format and nature of competition. The objective of both games is entirely the opposite, with T20 requiring teams to score as many runs as possible in 120 balls, while a match of test cricket lasts over five days and is a contest of endurance. Understanding the nature and type of sporting event gives a punter an advantage when making sports wagers with different events within the same sport.