One of the best things about sports betting is the fact that you can actually beat the bookmakers. Though this is possible only if you know the odds in the game and how to implement advantage plays that are based on facts and thorough planning.
So for example, you have seen a 먹튀검증사이트 and was convinced that they’re a reliable one, you could bag home serious money if you are being smart in everything you do. However, if you are betting on sport simply because you have a strong “hunch” on something, then there is a small chance that you can beat the bookmakers.
Betting not Gambling
Remember that sports betting is called as such for one reason, you are making a “bet” and not “gambling” your money. Those are two different things. In betting, you are backed by strategies and analysis of the sport. With gambling, it means that you are basing your bets on chance or luck. Instead, try to figure out a way that you can have mathematical edge over these bookmakers.
One way you can do this is by identifying EVs or Expected Value. With a positive EV, this is what would bring profit to your bankroll in the long run.
The Essence of Beating Bookmakers
First and foremost, it is integral to know how bookies are making money. Keep in mind that under a Fixed Odd System, you are dealing with a zero-sum game. Meaning to say, whenever you win, the bookies lose and vice versa.
How Bookmakers are Driving their Profit?
Most of the bookmakers online are able to attract new clients and developing loyalty among their existing clients by using reload and sign-up bonuses. Obviously, it is going to cost them a lot. In general, their odds are not that competitive but it is slow to adjust to the fast-changing pace of the market. This is creating significant inefficiencies in the market.
So what bookies do is trying to mitigate issues by using restrictive and complicated T&Cs. Eventually, these activities help them in eliminating sharp punters by restricting their account which is otherwise referred to as “gubbing” in a matched betting category.
Reduced Margin Pricing Model
There are some bookies on the other hand that use a different approach. It might be the Sharp Bookmakers or also known as Reduced Margin Pricing model. They focus on driving money from the lower margins but a higher turnover.