Many professional bettors, when asked what is the reason for their success, answer this way – their own strategy of playing in bookmakers brings them stable profit. Yes, developing an effective strategy is difficult and slow, there are a lot of pitfalls and monotonous work ahead.
We’ll have to remember mathematics from school and work with statistics, results, numbers. We’ll have to go over several strategies and, frankly, not all of them will be profitable. It is very difficult to beat a bookmaker’s office, because recognized professionals in this industry work in it, and you are just learning how to place a bet correctly. Actually, it is not uncommon for strategies to be developed over the years. But where do you start?
Realizing Your Goals
Why do you come to the bookmaker and place a bet? It may seem that this is a rhetorical question, but it is necessary to find an answer to it from the very beginning. Decide on your goals. The player’s task is to be able to determine the probability of a particular event and compare the results with what the bookmaker offers. If it was possible to find a value rate, its size must be calculated using the Kelly criterion. It is not so difficult to do this – you need to evaluate the strength of your opponents and calculate their chances of success in certain confrontations.
About Probability Theory
For your betting career to be successful, the correct assessment of the odds of a particular team is fundamentally important. Accordingly, the faster you can develop effective algorithms that allow you to determine the strength of the team, the more strategies and models you can master in the future.
Developing your strategy is definitely a creative process that will require you to have knowledge of statistics and mathematics. Be prepared for the fact that in your activity you will have to process a huge amount of data. In order not to spend hours on calculations, entrust this business to a computer, which, in turn, will allow you to quickly get the results you want.
Statistics Are Our Everything
As mentioned before, professional bettors do not rely only on intuition or the results of recent matches – they study narrower data and dig as deep as possible. Make it a rule to work with archives – study the odds offered by bookmakers for previous matches.
The Internet is just a storehouse of necessary information, here you will be able to find the necessary statistics without any problems. You just need to figure it out, separate the wheat from the chaff and put it successfully.