Sports betting tip: complete guide to maximize your winnings

To earn money through sports betting, a sharp knowledge of the world of sports is obviously required. However, this is not the only requirement to be fulfilled to optimize your chances of winning. Indeed, the bettors knowing perfectly manage their budget also have a much higher chance of making profits in the long term.

In order to help you become perfect managers, this article from the guide will explain to you in detail how to perfectly control your capital. We will address in passing each sports betting tip which could prove useful for your bankroll!

Choosing the right bookmaker is already a sports betting tip

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First of all, you will have to choose your bookmaker. Every new bettor must go through this far from simple step. Indeed, hundreds of bookmakers now offer their services online! A little sports betting tip for find the best of them , you are entitled to expect that the following criteria are met :

• A completely secure and efficient site in terms of responsible gaming ;
• An ergonomic interface to allow you to save time ;
• A complete betting offer and some of the highest odds on the market ;
• Generous and regular bonuses, not only at the time of your registration ;
• Reliable services, especially in terms of customer support and payments ;
• Concrete help to better manage your bets, including statistics.

In order to put this sports betting tip into practice, we have compared the offers of the main bookmakers available in Canada. The results can be found in the table below :

Bookmaker	Securitý	Interface	Paris	Bonus	Service	Benefit
Betway	✅✅✅	✅	✅✅✅	✅✅	✅✅	✅✅
Power Play	✅✅✅	✅	✅✅✅	✅✅✅	✅✅	✅
Betiton	✅✅✅	✅✅	✅✅	✅✅	✅✅	✅✅
Spin Sports	✅✅✅	✅	✅✅	✅✅	✅✅	✅
Leo Vegas	✅✅✅	✅	✅✅✅	✅✅✅	✅✅	✅
Bet 99	✅✅✅	✅	✅✅	✅✅✅	✅✅	✅✅
888 Sport	✅✅✅	✅✅	✅✅✅	✅✅	✅✅	✅✅
Unibet	✅✅✅	✅✅✅	✅✅	✅✅	✅✅	✅✅✅
Sports Interaction	✅✅✅	✅✅	✅✅	✅✅	✅✅	✅✅

The calculation of the budget with the Kelly Criterion

Once you have deposited money on the bookmaker of your choice, you will be able to start thinking about your bets. To decide the amount to bet on each bet, a technique proves to be particularly effective: the Kelly Criterion.

Created in 1956 by the American researcher John Larry Kelly Jr , this technique is both a probability theory, an investment strategy and a trick to win at sports betting.

The Kelly Criterion is calculated as follows :

• Percentage of the budget = (rating - 1) x estimate - (1 - estimate) / rating - 1

Example: you want to bet on the football match between Paris Saint-Germain and FC Barcelona. You estimate that PSG has a 70% chance of winning. The odds for a Parisian victory amount to 1.65 on your bookmaker's website.

To find out how much money to invest in this bet, you therefore use the Kelly Criterion :

• Percentage of the budget = (1.65 - 1) x 0.7 - (1 - 0.7)) / (1.65 - 1)
• = (0.65 x 0.7 – 0.3) / 0.65
• = (0.455 - 0.3) / 0.65
• = 0.155 / 0.65
• = 0.2385

You get a result of 0.2385, which means that you can bet 23.85% of your budget on the victory of Paris Saint-Germain! If this method has long been proven, it is still reserved for bettors who are able to make a real estimate of their chances of success.

Compare the odds to prepare your sports betting tips

In the field of sports betting tips, the odds have of paramount importance insofar as they determine the amount of your potential winnings.

Let's imagine that the odds for a draw are 3.00 on a bookmaker and 3.50 on another site: if you bet 100 CAD and your prediction is correct, the difference will be 50 CAD depending on your operator (300 CAD against 350). It is therefore in your best interest to compare the available odds before placing a bet.

It is also preferable to compare the odds of the bookmakers even before registering on a platform. Subsequently, you will be able to engage in this exercise if you are registered on several betting sites.

Two techniques can allow you to take advantage of the available odds: value bet and surebet. The value bet consists of betting on a match whose odds have been overvalued while the surebet aims to limit the risks by betting on all the outcomes of an event via several bookmakers at once.

Following the news is a tip to win at sports betting

It may seem obvious, but it is always better to follow sports news to optimize your chances of winning. Bettors who are passionate about sports are usually the ones who most easily spot the opportunities to be seized online! Keeping up to date with the news also gives you other advantages.

To begin with, you will be more apt to do an estimate of the probabilities and therefore to use the Kelly Criterion method. Then, it will be easier for you to spot overvalued odds and therefore to notice that a last-minute item has escaped your bookmaker.

To follow sports news, we advise you, for example, to watch matches on television, to read the written press and to consult the best specialized sites. You will thus be aware of the latest information such as the form of the players, the context of the match, absences or transfers.

Take advantage of the sports betting welcome bonuses

As the name suggests, the welcome bonus is an offer valid during your registration . This bonus usually takes the form of a percentage on your first deposit or a first bet refunded in case of a losing prediction.

If the offer is necessarily satisfactory for a new bettor, a few sports betting tips will allow you to take advantage of it even more.

When choosing your bookmaker, you should compare the bonuses offered by the different betting sites. For example, we advise you to focus on the following conditions: the amount of the offer, the possible wagering requirement, the minimum deposit required, the eligible payment methods, the sports available or the validity period.

Moreover, it is better to bet on an operator who is generous over time. Do not hesitate to consult the page dedicated to promotion to make sure that the bookmaker does not only offer you a welcome bonus!

For our part, we have a soft spot for free sports betting , an offer that turns out to be advantageous in many ways...

Check the ranking and statistics of each team

The best bookmakers available in Canada put at your disposal many statistics on each match. We advise you to pay attention to this when preparing your predictions because some information will necessarily be useful to you to place the right bet.

The history of the confrontations, the general classification, the number of goals scored and conceded, the dynamics at home and away or the recent results of the two teams represent essential statistics.

As a rule, this data is accessible via the graphic icon that is located right next to the targeted match.

Favor small regular winnings rather than occasional big winnings

When starting their adventure in the world of sports betting, many bettors are looking to quickly get a very big win. This is a gross mistake because being too greedy is the best way to get into debt and flirt with gambling addiction.

Thus, it is better to earn small sums punctually, than big winnings occasionally. This way, you will be certain to make all your bets profitable.

In parallel, it is very important to betting according to your budget . Indeed, we advise you to bet only amounts that you are willing to lose.

So there is no need to bet large amounts in order to win more because in case of bad predictions, the repercussions could be disastrous for your budget. So always be serious in your bets.

Betting on the confidence index

Many savvy bettors use a sports betting tip to place their bets. Indeed, thanks to a very simple calculation, it is possible to grant a confidence index to your predictions to know the exact amount to bet.

This index is usually presented in the form of a percentage. The latter will be higher or lower depending on your estimate of the probability of the result.

You will therefore have to assign a percentage to your gaming capital. In other words, you need to define the amount of the maximum bet that you want to invest during your bet. In order not to squander your bankroll, we strongly advise you to ensure that this bet never exceeds 5% of your total budget.

The mathematical formula that is used to calculate a confidence index is: bet x confidence index / 100. Now let's apply this formula with a concrete example. You decide to bet on the tennis match between Roger Federer and Milos Raonic. You think that the Swiss has an 80% chance of beating the Canadian and you have a total playing capital of 100 CAD.

As we said above, it is always preferable to bet only 5% of your capital, or 5 CAD in this case. Here, the operation to be performed is therefore the following: 5 x 80 / 100 = 4.

The amount that it will be prudent to bet for this bet is therefore 4 CAD. The confidence index is a useful method and can be combined with the Kelly Criterion to have two reliable estimates of your bet.

Test the different types of bets

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Online bookmakers put many types of bets at your disposal, which allows you to bet on most of the game facts. Depending on the sports, you will usually find the most suitable tip sports bets. To seize all the opportunities present online, you must therefore learn to master these prediction tools and avoid relying solely on one of them.

Some bets prove to be particularly advantageous over the long term :

• They bets on the draw always guarantee you high odds insofar as this is the least likely outcome according to the bookmakers.
• They bets exact score they turn out to be complicated since they ask you to find the final result of the match with the correct number of goals scored by both teams, but still present very generous odds.
• They asian handicap betting are reserved for experienced players and allow you to add a bonus or a bonus to one of the two teams.
• They half-time bets / end of the match consist of guessing the result at half-time and the result at the final whistle on the same coupon.
• They single bets remain essential, especially for new players, and consist of betting on the final result of the match.
• They combined bets are also in great demand and consist of betting on the final result of several matches at once, with an overall rating always interesting to the key.

Keep your cool to apply the sports betting tips

The best bettors are usually the ones who manage to keep a cool head. If you are unable to control your emotions, you will find it difficult to apply the tips that we have just mentioned in this article.

First of all, it is better to avoid getting involved in sports betting if you have already suffered from a form of addiction related to gambling or another field. This risks harming you on all levels.

For the others, you will have to show discipline throughout your adventure. For example, you will have to avoid betting on your favorite team because it risks depriving you of the objectivity necessary to find the right prognosis. Likewise, it is better to take a short break when you have just linked several losing bets.

Follow the advice of an expert tipster for your debut

As a bettor, you can both trust your instincts and use your sports knowledge, but that's not all. If necessary, you can also use the advice of a seasoned prognosticator.

With the democratization of sports betting sites, many tipsters now offer their services on the Internet. You must obviously make sure of their reliability before granting your trust.

To do this, you can consult the opinions of other players and the results highlighted by each of these tipsters. Usually, the reliable tipsters transparently indicate their latest results.

However, we would like to warn you that these services are rarely free of charge... If you don't want to put your hand in your pocket, you can always consult the predictions written by our experts!