Supatips Betting And Trading Course
"Supatips Betting Course" is free online educational course for betting on sports , often known as "sure bets". It has more than 85 units that will provide you with all the knowledge you need to become a profitable sports arbitrage bettor and transform gambling into smart investing!
If you have the commitment, drive, and desire to make a definite profit on your investments, you should...- Become more clever and defeat the bookmakers.
- Convert your bets into wise investments.
- Make money based on the amount of time you put in at work.
- Work for yourself with no bosses
- Don't risk your entire bankroll.
- Ensure your betting is professional and disciplined.
- Do your research and planning before placing a bet.
We are doing sports arbitrage betting since 2005 in the very beginning and our experience is amazing. We are more than delighted to share everything we know with you and get you prepared for the realm of arbitrage betting where after our tips no one will get out of it without profit. Now there is an easy way to get started with our free arbitrage guides course.
Each lesson in this training course covers the following parts:To make everything in this section easier to understand, it is all thoroughly explained with several real-world instances.
The video section is usually between one and five minutes and the subject is explained in extremely attractive fashion. If you don't understand something the whole script is given, and you can write to our help anytime if there is something confusing.
1: Introduction To Sport Betting
You have signed up in our site, have followed our tips and have started playing. If you have won some money, you are probably thinking that is enough to win a bunch of money at sports betting. I have bad news for you. You won’t earn money just by following our betting tips if you don’t know and practice other aspects based on mathematics and psychology. However, these aspects are not as hard to understand as you may thing at the beginning, but this article is made for you to understand them.
First of all, I have to say that anyone has the ability to be a good sports bettor. You don’t need a PhD in Mathematics or even to be a sports fan. All you need to be a good sports bettor in the long run is lots patience, discipline and self-control (easier said than one, ). After that, I will give you some general suggestions when betting:
Share your challenge: Tell the people you most care about that you are betting in sports. I know sports bettors are still condemned in most countries, but you don’t have any reasons to hide what you are doing. Tell them that sports betting is not based in luck. Relate our activity with statistics, maths, psychology, etc.
If they support you, you will be able to support better your downswings, and you will enjoy more your upswings. Also, if you hide when playing, your personal will be damaged. Imagine you have a bad run of lost picks. Do you think that won’t affect your fun and your personal relationships?
A good sports bettor is not affected by bad runs, however when being a newbie this costs a lot.
That’s why I focus in the importance of this feature.
Set a bankroll: Decide the amount of money that you will use for sports betting. With that I am not talking about the amount of money for every pick, I am talking about the money you will use for repeated bets along the time. To set your budget there are some rules you need to apply:
Use money you can afford to lose: This is a no-brainer. Forget about getting money from others, or taking money that would be used on other things (bills, house, food, etc.). You will avoid the urge to win money because you need it to pay something else.
Be cautious about your bankroll: If you are new to sports betting set a low amount of money. You will raise it once you are getting rewards.
Separate the money: It would be helpful to open a bank account just for sports betting.
With that you put a real barrier between the money you need for your normal life and the one you are using for gaming. Having all mixed will cause you problems, and also you will have more security and could watch better your payments and transfers. Finally, open an electronic wallet account for sports betting. The goal for this is the same as with your bank account, and also the e-wallet will help you to move your money faster and safer.
2: Betting odds and how they work
Bookmakers mostly utilise two sorts of betting format (I won't discuss Asian or American formats since they are less common).
1. Decimal or European format.As an example, consider Manchester United win versus Chelsea @2.30 odd
If we bet ₤10 that Manchester United will win the match, the bookie will keep the money until the bet is solved.
If we hit, we will be paid ₤10 x 2.30 = ₤23.
The bookie will repay us the amount we bet and our benefit will be ₤10 x (2.3-1) = ₤13. That indicates that we calculate using the formula:
Benefit = Stake x (Decimal betting odds – 1)
f we lose, obviously the bookie gets the money we have bet
2. Fractional or English format.The betting odds show directly what benefit that the user will receive after hitting their pick.
As an example, consider Manchester United win versus Chelsea @13/10.
we bet ₤10 that Manchester United will win the match. If we hit, we get our money back and get a benefit of ₤10 x (13/10) = ₤13.
When to betNow that we know how we win money betting, you would be questioning what the best time to bet is. That is a tough topic, since things in sports betting are not white or black, because arguments for picking one or another time to bet may be discovered
- Before the match: The biggest benefit of betting before the match is that the bookie Overround is smaller than when betting in-play. However, if you bet to close to the match time, more information is accessible, and the bookmakers will modify the betting odds and make it exceedingly tough for you to locate value. That’s why I suggest you to not bet 30 minutes or less before a match.
- In-play betting: Finding value while betting in-play is trickier, since bookmakers will post far lower betting odds than they would deem fair for safety reasons. However, if you are adept at analysing what’s going to happen in a match, you may earn a lot of profit while betting.
All in all, my recommendation is that you may examine both of the betting styles, and with time and experience you will determine which one fits you better.
3: Bankroll management
Here it comes one of the most important aspects in sports betting, and also one of the most neglected ones. Before starting describing anything, I want you to remember one important thing, and because I want you to remember it for the rest of your life, I am going to write it big:
Even with the best betting plan, if you don’t have a good money management, you will CRASH in the long run
Bankroll management won’t make you a winner by itself, but it will reduce your chances of losing all your betting money.
Sports betting is one of the most volatile gambling practices, even more so than the casino. The reason for this is the human element involved, which brings unpredictability.
To succeed at sports betting, you must invest a lot of time. Bets should be thoroughly researched, and you should be able to find trends within different games and markets that will allow you to find value.
If you’re new to sports betting, you must be much more conservative to start. Once you get more experience, you can open the shackles on your bankroll, but only by a little.
4: Betting analysis
After you've been betting for a while, it's a good idea to look back at your picks, both the ones that won and the ones that lost. You need to include as much information as possible, because leaving out information could lead you to the wrong conclusions. You should have the following information:
- Date
- Sport (if you just bet in soccer you can omit this)
- Event
- Market (league, competition)
- Selection (winner, over/under, winner with handicap, etc.)
- Stake (percentage, units, money)
- Bookie (bet365, 1xbet, etc.)
- Result (won, lost or cancelled)
- Benefit or loss (percentage, units, money)
- Other relevant information (red cards, injuries, etc.)
After you've saved this information, you need to look it over. It's important to look at the odds for every type of bet you make, even if it's just football. Like, if you bet on both "game winner" and "over/under goals," you need to separate them so you can look at them. I know it's hard and takes a lot of time, but you won't be able to examine them properly if you mix them all together.
Let's use an example to make this clear. Let's say you've been betting for three months and your cash is the same as it was at the beginning. You may think that you are a bad bettor, as you are not making any money. Maybe that’s true, or maybe you are using a winning strategy for a pick and a lost one for another. If you have won €100 when selecting over/under goals and lost €100 when choosing match winner, your total plan is breakeven. So, if you examine all your results at the same time, you will get to the conclusion that you are breaking-even. But if you do a study for each type of bet, you will learn that you are good at guessing how many goals will be scored but not as good as picking the winning team. With this information, you will take action and keep betting for over/under goals and stop betting on winning teams (or doing it on paper).
Now that we know what to do after studying our results you could be asking: “What do I have to do to analyse my results?” What you have to do is do some numbers, and from them get your opinions. “Oh, no! More numbers?” Don’t worry, as these numbers are not so complicated, and also, Microsoft Excel can help you a lot. You will able to keep record of your betting past, and take conclusions from that. Your new friends are:
Return On investment (ROI): This is an economic term that is used to know how much benefit you get compared to your spending. The ROI tracks how much money you are winning per €, ₤, $ bet. Its formula is:
ROI (%) = 100 x (Total Benefit (or loss)/Total stake bet)A high ROI means you make more money per unity bet, however it’s not the only number you have to look at in order to know if you are doing good or not.
Return On Capital (ROC): The ROC measures the profits gained in comparison with your playing capital. The formula:
ROC (%) = 100 x (Total Benefit (or loss)/Betting bankroll)
You can a high ROC with a low ROI (and vice versa), so this is a better indicative of your betting performance; however it is not enough to analyse completely your results.
Trending and sample size: If you figure both ROI and ROC and see that both of them are positive, you will most likely thing that you are doing great and will keep your betting strategy.
However, ROI and ROC are just two numbers, and they are just a small part of the movie. Let’s bring two hypothetic graphs of two bettors with ROIs and ROCs greater than zero
As you can see, both bettors are making money (ROI and ROC > 0). However, it’s also true that bettor A, even starting with a bad run, has a trend to increase their wins in the next bets. Bettor B, otherwise, started with a set of winnings picks, but started to lose some bets and it’s believed he/she will keep losing money if doesn’t take action.
It is also true that neither of the two graphs is really accurate. Why? Because of the group size.
To draw some solid results you need an adequate sample size. The sample size depends mainly in the average chance you are playing. Higher the chances, higher the group size.
There is not a general rule; however, you can use the following method to know the minimum amount of picks you need to have a more or less right analysis:
Minimum sample size = Average odds x 100
As your bets are far more from the minimum sample size, your results will be more strong, and your ROI and ROC will be more accurate.
5.Patience
Even if you are the most dedicated person, if you don’t have any patience you will keep struggling on being a good bettor. Patience is the state of endurance under difficult circumstances.
This is easier said than done. Imagine you fail 10, 20 or 30 bets in a row. Would you be able to maintain calm? I hardly think so, however, you have to try to avoid that is affects your betting judgement. How? Well, it depends, as everyone is different, and things that may work to me probably won’t work for you. But I will try to give you some help.
First of all, I have to say that our brain is not prepared for failure (don’t worry; I won’t talk now about neurology). We get more negatively affected when we lose money that positively affected when we win it. If you don’t believe me, think about this. You have found a good bet on a match, and so you bet. If you win the bet, you will probably: “Good, I have won the bet. I did my work and it’s fair that I won”. If you lose, it’s more than likely that you think: “Oh, no!! I have lost the bet. Come on! How they could play that bad?” And that would be just for a bet. Imagine you add a bad run of lost picks, you will be really angry.
Now that we have got to the point, let’s talk a little bit what you can do. As I told you in the first suggestions part, if you share your challenge with the most important people in your life, they will help you forget the bad streaks. You can do non-betting related activities with them, or talk with them about other themes. Also, and that’s one of the goals of The Supatips Tipster, post a message if things are going bad for you. Write your picks (give all information you think it’s important). Someone will answer you, and you and the other person, as well as the other people will learn something.The other thing to do is to think long term. If you think short term, you will be really stressed out. Compare sports betting as a run, instead of a 100 m race. Or think about it as a soccer league, you can lose a game or a run of them, but what’s important is to win the league. Also, study your picks (even the won ones), and see what happened. Let’s say you have bet before a game that the home team will win.
The game goes well as the home team is winning 1-0, and in the last minute there is a penalty in favour of the road team and they draw. Your pick was failed; however, do you really think you did a bad pick? On the other hand, let’s say the same game goes 0-0 and in the first minute of the second half one away player gets a red card, then in the 88th minute there is a penalty in favour of the home side, and they score, thus winning 1-0. Do you think you did a good pick?
Money you don’t lose is as good as money you win.
6: Avoid Progressive Betting Models
Progressive betting models don’t work, and they are cash killers. Most of them work on the idea that you increase your bet if you lose to recoup the initial stake, and this would be fine, except for one small issue – table limits.
Casino games have table limits of max. bets for a reason. They stop you from betting big to win your money back. This is why anything that needs you to double your bet to chase does not work.
For example, let’s say you’re playing on black on a roulette table with a $500 bankroll and $10 per spin. The list below shows how many times in a row you would have to lose, doubling your bet each time before your $500 was gone.
- Bet 1 – $10 ($490 left)
- Bet 2 – $20 ($470 left)
- Bet 3 – $40 ($430 left)
- Bet 4 – $80 ($350 left)
- Bet 5 – $160 ($190 left)
- Bet 6 – Broke!
In just five losing spins on the roulette wheel with a progressive betting roll, you’ve started with a $10 bet (1% bankroll) and lost the lot.
Please stay clear of these; they do not work.
7: Only Bet What You Can Afford to Lose
If you’re not a professional bettor, make sure that your bankroll is an amount you’re comfortable losing in the worst-case situation. The money should not be the last few dollars you have in the world and should be distinct from the money required to survive.
Having a strong bankroll management plan in place will substantially lower the probability that you will go bankrupt.