Every football fan enjoys putting a few pounds on his or her favourite team from time to time, and in the modern age of online betting, there are all manner of other wagers to be had, too. For example, the bookmakers went crazy over who was going where during the transfer window, and perennial classics such as which Premiership manager will win the sack race are as popular as ever.
Some of us are pretty good at it, and win more than we lose, while a select few even manage to make a lucrative living from gambling. Could you do the same? Let’s see what’s involved.
Get to know the bookmakers
The first thing to keep in mind is there are more online casino and sports betting sites around these days than you can imagine. If you click here you can get a taste of just what is out there. Get to know them all, and always check the odds, as you can sometimes find some outliers and special deals on a particular wager.
It is also worth watching out for new sites as and when they go online, as they are likely to be hungry for your business and will be offering some tempting freebies to new members.
Leverage the flexibility of online betting
If you bet on winners and losers, your strike rate is never going to be anything to write home about. But as we mentioned earlier, there are so many other options. For example, you might wait till a game is underway, and if play is open and one team’s taken the lead, bet on a goal being scored in the second half.
Keep good records
If you are running a business, you closely monitor your expenses, revenue and profits. You will also have a business strategy that includes performance metrics and targets. A professional gambler needs to take the same approach.
Keep track of every wager, along with the type, the odds, the amount and, of course, whether it won. Then, perform a weekly analysis. You need to identify what is working and what is not, and amend your strategy appropriately. It is a classic example of a continuous improvement process.
Know your business
It sounds obvious, but you need to understand what you are betting on, and that means research, research, research. Follow form, injuries, history and the million and one other factors that can influence a result, such as any problems or media controversies taking place off the pitch.
It’s business, not pleasure
If you are going to make serious money out of football gambling, you need to keep the emotion out of it. For example, if you are a lifelong Tottenham fan, it would have been tempting to put your money where your heart is in last weekend’s match up against Manchester United. That would have led to a bad day at the office and a slump in revenue.