Value is one of the most common terms in the betting world and it is also one of the best techniques for gaining profit.
A value bet is the one where you believe the chances of one team winning are better than the odds suggest and all you need to do is to take advantage of the situation.
There is rarely a value in backing the favourites since, knowing that most punters are willing to back the favourites at any prices.Real value is often found on the underdogs.
The common mistake most bookies make is that they create the odds mainly according to teams’ position in the standings.
If team’s performances are much better than the results, there is a good chance they will turn it around and start winning, and this is when I need to act since the odds on that team will be very high after several poor results.
Another way of finding good value bets is by checking the odds early on, as well as all the information about the match in question. This is why I'm staying updated with the latest football betting news and checking all forums for necessary informations.
The discipline is so important in betting. Betting discipline is perhaps the reason why many punters don't go on to make long term profits.
One of the biggest mistakes is to chase your losses.Chasing losses can turn into irrational actions (dramaticly increasingthe stakes, changing your strategy, bet on more games, etc). If your strategy hasworked before, it will work again, it's all about dicipline and patience. Sometimes you will hit a bad run, and this is the time to show dicipline.
I bet on my picks with real money,so I guarantee the discipline betting at all times.
Flat staking ! simple ! As you can deduce from looking at my stats,I'm using flat staking plan 10/10.The maximum size of your bet should NOT be bigger than 2.5%-3% of your overall betting bank, while the size of bets/units should be altered according to the changes in bank size(increasing/decreasing the stake after the bank increases/decreases by 20-25%).
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