Continuing from the previous article, this is the second part of the short guide “Betting Tips”.

How to Maximise Your Returns

It would be foolish to sign up with a single bookmaker and place all your bets through him, because then, you would be leaving a lot of money on the table. What you need to do is to sign up to a number of bookmakers, preferably 3-4, as this will allow you to spread your money. The odds you are getting from one bookmaker may be better or worse than another bookmaker. Since every bookmaker is free to set his own odds, you need to find the bookmaker who is offering the best ones. This will require you reaching out to multiple bookmakers. You can get different odds on the same sporting event and the same outcome.

Understanding and Decoding Betting Trends

Every time a bet is placed, the odds change. In the beginning, a line is set by the bookmaker as the game proceeds, and the betting begins. As more and more bets are placed on a particular team or outcome, the odds are changed to reflect the trend. This is exactly why you need to follow the trend, so you know what odds you can get, and which direction to move in.

Blindly following your gut instinct, or your favourite team, can make you lose a lot of money. You need to be smart about it. If you still want to bet on your favourite team or player, then it is recommended that you place your bet early on, before other people placing their bets kill your profit margin.

These are some of the most important and basic rules of sports betting. Now, the only thing that remains is getting your feet wet and placing some bets to get a first-hand experience of sports betting.