There are only two outcomes in betting: a win or loss. But whether you do it for fun or to make money, always do your best to win. If you’ve never done it before, don’t rush into betting. Learn the ins and outs of the industry before you place your first bet.

One of the best ways to increase your odds of winning is to utilize betting tips. Sure, not every betting tip you find online is worth following. But when done correctly, you can easily become a millionaire by following predictions made by other professionals. Follow these ideas to find betting tips and use them to win consistently.

Understand your Sport

Following betting tips blindly will lead you to losses, not wins. Before you Google football predictions, know how the beautiful game works. Differentiate between possessive and defensive styles of playing. Learn how teams are able to defend and attack the same time.

Dig deep to understand which players are in great form and which ones are having a bad season. Things like experience in the game, past experiences at the same ground and rivalries are all factors that determine winners.

It’s easier to find valuable betting tips when you have some knowledge about the teams playing and the game in general. You can scroll through SportyTrader’s championship betting tips and find market predictions you had not thought about. You are also able to filter out teams with unpredictable games and bet without being influenced by emotions.

Hunt for Great Odds

The betting industry is highly competitive. Companies are always trying to encourage brand loyalty and they will lure you with all sorts of bonuses. Don’t fall for sideshows. The goal of betting is to win big. And that mean hunting for the best odds no matter who is giving them.

Betting companies may be smart and always set odds to favor the house, but each company is different. Sometimes a company views things differently, granting you odds that could double or triple your stake.

A good example of how this works is when a historically successful player meets his rival when in great form. Think of Rafael Nadal’s loss to Fabio Fognini at the US Open in 2015. The Spanish was coming to the tournament after eight successful wins on clay.

Fognini had just beaten the Spanish player in Brazil but every bookmaker had odds in favor of Nadal. Had you researched and known the Italian was likely to win, shopping around would have exposed you to ludicrously high odds. Some firms had odds of Fognini winning up to 10 versus Nadal’s 1.5.

Find Tips that Offer Value

The Internet is full of tipsters. Many of them make predictions with little odds. Some of the tips you get online offer too little value to even make you any profits. The best way to maximize your profits in betting is to find value odds.

A tip for Barcelona to beat last placed team La Liga team with odds 1.12 may look like a sure win, but it offers low value for your money. Betting €100 on Barcelona will only earn you €12.

At the same time, a tip of Barcelona to win the match with over 2.5 goals has odds of 1.5. The giant club has some of the best players in the world and regularly scores more than three goals against small teams. A bet on the over 2.5 tips will earn you €50, which is better value than the first tip.

In the game of betting, never allow your emotions to make the decisions for you. Barcelona may be bound to win, but it’s about the money. Place your bet rationally where a win will earn you the most money. Of course, you must have researched on the wager to know the odds of your bet going through are high.

Don’t Get Greedy

Many tipster sites offer ten or more odds every day. As long as there are teams playing, betting experts will always give their opinions about the games. The truth—no one tipster is right every time. The favorite team loses. Your favorite player could be benched before he scores.

If you want to be successful in betting, don’t always think big. A small win on a reasonable wager is better than a multi-bet of three or more teams. If every time you see betting tips you want to take advantage of all of them, you will never win.

The best way to beat the bookies is to wager on single bets. The likelihood of winning a single bet is higher than winning a multi-bet. You can also make a lot of money from singles. Never write them off. Think of the Nadal versus Fognini game we mentioned earlier. The Italian had odds of 1/10, meaning for every €100 you backed Fognini, you would win €1000 in return.

Check for Last Minute Changes

Betting moments to the game comes at the expense of finding short odds. But it can also make the difference between winning and losing the bet. Tipsters change their mind all the time. Two days to the game, table leaders Leeds FC may have odds of 1.4 to beat fifth placed Norwich in the Championship. But once the lineup is out; the odds change in favor of Norwich. The omission of star players in Leeds players could disadvantage them. Sometimes even the omission of one star player can change the likelihood of a game.

Unless you already know about a team’s form and the expected lineup long ahead of the game, don’t use tips you saw a week early. The best time to check for odds is a few hours to the game. A lot of information is usually already out. Tipsters have enough information to make great tips and you can bet before the odds change for worse.

To Conclude

Every week there are sports games, tipsters make all sorts of predictions. Don’t get greedy. Research about the game and know which tips offer the best value. Hunt for odds to maximize your profits. Don’t overlook live-game tips as they tend to be high-value and have a regular betting schedule with a well-managed bankroll.