Many people have doubts whether it is possible to earn money from football betting. In this market niche, we have different types of malicious people, deceiving people, and this doubt gets bigger and bigger from that. And this is a necessary precaution to be taken.
In today’s article, we’re going to introduce a bit of how to make money from football betting with some essential tips to get you profitable in the long run.
Also, for your convenience, you can install an online betting app & online casino app to immerse yourself in the world of betting and make your game better with our tips.
In this article
How to make money with football betting?
We will talk about something more common for trading, but you can also use it for betting. We need to have some foundations so that it is possible to earn money in the long run. Believe: despite being simple things, it is tough to get a good return in the long term without them.
We will then talk about four principles, which in my opinion, are of great importance for anyone wishing to reach a higher level.
What we recommend to people is to use as little value as possible in the beginning. If you can use 1%, do that. In the front, the tendency is to lose money. It turns out that we are competing with people with much more knowledge. Hardly a beginner who will manage to earn money from them in the long run.
In the short term, until you get some return, but we already know that this won’t get you anywhere. With this very delicate management, you will be able to learn a lot before your bankroll breaks, in case the worst happens.
Once we have consistency, we can use higher values (such as 5% or even 10%, depending on the variation and risk of the strategy used).
We recommend ending the day whenever you lose emotional control and are not operating well for the day. Don’t forget that the next day we will have more football games.
This loss of emotion can cause significant damage that takes us a week, a month, or even longer. So whenever something happens that affects you a lot, end the day, and this will be your best green.
To make money, we need to have a strategy that gives us a proven long-term positive return.
And how can we find a good strategy? Defining criteria and testing them several times, I recommend at least 30 games. The more, the better, as the variance will be less significant and we will be better prepared than we can face.
If the tested strategy is not favorable, we recommend changing the criteria and testing until you find one that is EV+ in the long run.
We always recommend writing down your entries. We can take excellent long-term lessons from each strategy and make adjustments accordingly based on this “feedback” that we manage to get.
Is making money easy?
If you came to this article under the illusion that sports betting allows for easy money, we are sorry to inform you: making money in this world is not easy. However, it is not impossible. Yes, you can earn a lot of money, but it takes time and a lot of dedication. Don’t think that with a year of experience you will achieve great things.
It’s a process like any other that takes time, and those skilled and dedicated people have a strong tendency to go too far.
What are the best bookmakers for football matches?
One of the best ways to earn money from football is by using good bookmakers. In addition to the apparent reason to put your money on a reliable betting site, allowing you to rest easy, this group of platforms also offers an essential factor: better odds.
And why is this so important? Because the quotes offered also represent our potential profit from the bets placed. Therefore, the higher the odds, the more money you can win with similar bets.
What football leagues can I bet on?
Don’t worry if you’re a football fan: the championships you follow are most likely available for betting. Here, we are talking about virtually all levels of competition.
In other words, practically all levels of championships are available for betting. The less competition, the less liquidity (volume of money) will be present. But it’s been increasingly difficult to find games without coverage from major bookmakers.
What types of bets are available?
As with competitions, the types of bets available are another point that draws attention to betting sites. Therefore, there is certainly a market that is attractive for investing in trying to earn money from football. See some examples:
- Odds (game result)
- Goal Market (Over/Under)
- Both Score
- Correct score
- Asian handicap
- Tie cancels bet
And these are just the best known. There are many opportunities you can explore in your football betting.
What can we conclude?
If you follow the four bases given here, you have a good chance of having a financial return in the long run. So, be dedicated and look for the right path (and not the one that seems easiest).
So that you can use all this in the best way, it is necessary to have an account in the sports bag. This way, if you don’t have a Betfair account yet, you can create one in the banner below and receive your exclusive bonus.