I’m pretty sure as punter you’ve asked this question before. Here at Alpha Sports Betting, we too have speculated which king of betting makes most money on average.
We all agreed that there are several factors that have to be taken into consideration, personal choice being one of the most important ones.
After much research and insider advice from pro punters, it seems that soccer/football is the most lucrative type of betting.
Placing calculated bets on the NFL season as well as the European football leagues has proven to give bettors the best chances to win big. (Although picking the sport alone will not guarantee that you’ll make money.)
There are a couple things you need in place to be a successful bettor. Here at Alpha Sports Betting we want to share some these betting fundamentals that will help you win big and win more often.
What Kind Of Betting Makes The Most Money ?
Find Value and Make Money
The first step in making money from betting is, being able to spot value. This is the key.
This simply means that you firstly; understand the sport you will be betting on. We cannot stress how important this is.
You will then be able to quickly spot the best odds and evaluate whether they are too high. The ability to consistently work out the odds within a match is how you will win. Successful punters capitalize on such opportunities, where an under experienced punter might miss.
Your job each day as a sports bettor is to find the match with undervalued teams and invest in that team.
Our tip for punters reading this article is to skip matches that have discouraging odds.
Bookmakers will make it seems that you will cash out on a large sum of money by betting on the over hyped match. This makes sense for bookmakers as they make more money this way. The popular matches will probably be the least place you will profit.
Spotting value in the betting market is hard, there's no denying it here. Although the good news is that, like anything else, the more practice you have the better you become.
Once you have better systematic approach to betting, you will profit and start making real money from your wagers.
In our opinion football is the kind of betting that makes most money on average. Punters who bet on football know that money management is important to your end goal; PROFIT.
The skill to correctly manage your money is essential when it comes to betting on sports online.
You can keep on top on your bankroll by applying this simple rule; spend 1-2% of your bankroll on a bet.
With more experience under your belt, you will be able to place more money on bets.
Find The Right League
Selecting the right league is another step in the right direction. Football is the sport with the highest limits. This means that winning is easier than you might have thought.
Seek out the leagues with reasonable odds and markets such as the,
- Premier league
- Champions League
Shop For Numbers
When betting on football, you need to shop for numbers.
Different sports books will have different numbers. For example in the NFL since it is very popular you will find similar numbers at the most visited sites. Bookies can change their numbers subject to the betting pattern of their customers.
Remember that numbers will fluctuate according to how the bettors are placing their wagers. It’s important you browse your options carefully; this will make all the difference in making a profit from your bets.
Don’t Forget About the Underdogs
Bettors should adopt a long-term plan, which makes it easier to win bets. Michael Konik an experienced poker player said, “Most people prefer to bet on the ‘better’ team, the one that will probably win the game. So underdogs tend to be slightly undervalued – except by the sharps.”
Pro Tip; bet on underdog teams that are playing at home.
Avoid Exotic Bets
The best bet you can make in football is betting the point spread or over/under bets on games.
This will give you more options and the odds work in your favour by saving you money.
Develop A Niche
Another way to increase the money you make when betting on football online is develop a niche and follow it religiously.
Become an expert in your chosen sport, in this case football. You will have a better chance of winning your wagers and knowing when you should increase your stake.
The good thing is that, thanks to the Internet there is a wealth of information you could read up on for free. All you need to do it read and understand what makes a team stand out from the rest and also which opponents they have the best odds against.
Knowing the team your betting on is like knowing the bank you place your money in. You need to have all the knowledge and correct information before placing your money.
Bet On A League That’s Accessible
There are countless leagues that you could potentially bet on online. You need to decide which is the best league for you and your kind of betting style. This is pretty much based on personal preference but we can still give you some advice to help you make that decision a little easier.
Whether you’re betting for the fun of it or as a professional your aim is to ultimately win. In order to consistently win you need to bet on what you know, the more you know the more betting options you’ll have.
Example; if you follow the Barclay’s Premier League you are more likely to win bets placed on it than a league you have little information about.
When selecting a league to bet on you need to check that it is accessible to you. You need to be able to either watch the games locally or live stream on your computer.
- Barclay’s Premier League
- La Liga (Spain)
- Serie A (Italy)
- Ligue 1 (France)
These some of the more well known leagues, but there are many more you could look into.
For those interested in American football, the NFL is a league you can tune into. There really are several options available to all punters.
Betting on sports online offers punters a world of possibilities.
There are a number of sports to choose from, each one providing the possibility of winning and making money. After analyzing several sports, we came to the conclusion that the kind of betting that makes most money on average is football.
Choosing a sport to bet on is all subject to your personal preferences. Although if making money is high on your to-do list than we think that football will give you a good run for your money.