Can you make money in the long term with sports betting?

One of the most frequently asked questions concerns is whether you actually can make money sports betting or if in the end the always the bookmaker wins. First the bad news: the majority of sports bettors lose in the long term! This is logical and must also be so – otherwise might not exist sports books and raise money for the technical infrastructure, staff, marketing, taxes, etc.. Only a small part of the bettors wins.

Although in some countries sports betting apply by definition gaming – everyone knows dealt in detail with the fact that the long-term success is a lot more good information and an appropriate strategy depends on sports betting than by pure luck. At Soccer Betting is similar to the game itself – good and bad luck may indeed choose a single game, the long-term gains but usually wins the best team in the championship season. Therefore, it is also in sports betting. Often a hot streak can last even longer but you should not rely solely on luck. Rather, one should try to obtain the best information and to develop a good strategy.

Why the bookmakers have an advantage

The mathematical advantage for the bookmaker is derived from the design of the betting odds. These are usually calculated so that at the end of the year, between 90% and 95% of the bets are paid out as winnings. The increasingly fierce competition among the major online sports books provide ever higher and more attractive odds and thus diminishing profit margins for bookmakers. How you can convert the advantage of bookmakers in their own advantage you can learn in the strategy sections.

Avoid the common mistakes

It comes to betting with no plan and no strategy. The huge bet offers the sports betting companies are tempted to bet on all kinds of events. Your chances increase dramatically but if you set yourself a personal specialty and only bet on sports and leagues, where you feel comfortable and that you regularly seek information. Do not bet only on one online betting shop but insert your way a portfolio of some good and reliable bookmakers.