Sports betting is risky as bettors lose money many times. Still, the industry is booming with several platforms emerging every day, and online bookies don’t deal in a single sport only anymore; they offer different disciplines to bet upon. Such a wide variety of sports bets to try leads to a question naturally, ‘which is the most profitable sport to bet upon?’ Well, one can get an idea of earnings from payouts that made history. But these happy incidents occur once in a blue moon. The most profitable sports to bet upon will be the one where a regular source of income can be generated. One such sport is football. Let’s find more about football betting and other sports betting options that yield maximum profits.
Which is the most profitable sport to bet on?
There are various sports to bet on and some of them outdo others in terms of ROI or profitability. One such sport is football. It is one of the most profitable sports to bet on as there are numerous betting opportunities available every day. Football is one of the most loved sports across the world and several countries are known as football-loving nations. In these countries, a systematic structure is followed for picking young talents from local clubs and promoting them to higher levels based on their ability and performance. Sports bookies cover all the games played at different levels. Thus, a punter is always busy betting on football games and book profits whenever luck and research favor him.
It is estimated that a successful football bettor makes about $25000 and above per year. Though the figure is hard to confirm, it gives a vague idea of the earning possibilities that football betting offers.
Online bookies receive numerous stakes on a bet where the game is expected to be exciting, or there is a lot of buzz around the match. This deepened interest also points at the popularity of football betting as a lucrative source of income. Also, several countries have made football betting legal. Thus, the punters can enjoy betting on their favorite games without worrying about legal hassles.
Football betting involves various strategies that make it possible to earn profits. For instance, punters can bet on all outcomes using different accounts, a strategy known as arbitrage betting or sure betting. The punters put on stake different amounts on multiple outcomes, and end up making profits for sure. It is a lucrative practice till the punter is not caught in the act, as he can get banned by the bookies if found.
It becomes possible to bet on football games because there is a lot of data available for researching. All football clubs and competitions have their official websites where different records are provided in tabular formats. Punters can derive various possibilities and match the patterns with odds offered by bookies. When there are distinct discrepancies in the odds available across sites, it offers value in a bet, and helps punters make money from it.
Football betting is profitable because there are several bet types available. Some of these bets are quite easy and guarantee wins. For instance, Over/Under, Draw No bet, BTTS, Double Chance are some of the bets where a punter is not required to pick a particular number. It reduces the risk to a large extent and presents punters with earning opportunities. They can also maintain a record of bets made and find the betting strategies that work in their favor.
Another reason that makes football betting profitable is availability of various bonuses and discounts offered by online bookies. At the online betting platforms, the punters are kept pulled through the doors using promotional schemes like welcome bonus, free bets, discounted bets, cashbacks and so on. Punters can register with multiple sites and avail all promotional schemes which help them keep betting without touching their bankroll. Thus, the ROI percentage improves appreciably and ensures good income, making it possible for punters to stay invested in betting and generate regular profits.
Investing in football betting is made easier by tipster services too. The tipster services provide research-backed predictions for chosen betting services. For example, soccertipsters.net can be approached for tips on bets such as Correct Score, Asian handicap, Mix Parlay, Over/Under and others. These tips prove their utility owing to their high accuracy. Thus, the punters maximize their chances of winning bets and take to their homes money regularly when they avail professional tipster services. They can select proven tipsters based on parameters like hit rate, ROI, and profits generated and make informed betting decisions.
Which is the safest bet?
Betting is risky but one can certainly reduce the risk by following some strategies. Also, there are some bets that are safer than others. Among various bets available, Double Chance is considered the safest bet.
Double Chance means that the punters can pick two instead of one outcome at a time. Thus, this bet increases the chance of winning bet to more than 60% as two possibilities taken together have about 66% probability of occurrence. Also, it is the only bet where a punter can pick both contending teams at a time.
Double Chance bet works when both the teams are comparable in capability and performance record. If the teams belong to middle order ranks, it is tough to pick one side as both have the potential of winning the match. Thus, making selection 12 (home and away team) can be a safe choice. Similarly, when the past records show 2 or less than 2 goals posted in head-to-head meetings, picking the strong team and having a draw as a possibility covers the risk more adequately.
Double chance requires study of past head-to-head records only. Thus, the punters need not source information from various tables and they can put their whole energy in dissecting the facts from head-to-head tables only. It reduces the efforts and ensures that all crucial facts are covered while predicting the bet’s outcome. Thus, the comfort of assessing information from a limited resource results in better-quality research that reflects in correct prediction.
Which sport is most predictable?
The sports in which the favorites are clear are easier to predict. When a tournament schedule is designed, the groups are formed. In every group, one can find a team stronger than others. Hence, group stage matches are easier to predict. It is a usual scenario in Football, Cricket and NBA.
Various competitions in Football are dominated largely by a select few teams. EPL had a group of Big Four teams for many years, which later modified to Big Six too. So, the results were mostly skewed in favor of those limited teams. It eases the process of prediction and helps punters pick winning bets often.
Horse Racing is another sport where the news about the debutants and veteran contestants is released well in advance. The reputation of the jockeys and horses is well-known to everyone. So, predicting the winning horse becomes easier. However, this space may be adulterated with bookies’ interference and jockeys may apply some tactics to benefit certain bookies from unexpected upsets. This risk is always present in horse racing bets and it has to be factored while making predictions.
Tennis predictions are next to talk about because the research requires assessing performance of only two players. The contending players appear in different tournaments which take place in various parts of the world across the calendar months. So, assessing their current form alone can help in making correct predictions. Tennis has clear favorites and those players tend to dominate the scene for many years. For instance, Djokovic has been having an edge over other players for years now and the motivation to maintain that reputation fuels his fire further. It reflects in skewed predictions, making it easy to know the probable outcome of any bet.
The study of odds can be helpful in understanding the betting market sentiment. Shorter odds assigned to any team indicates its strength and of high possibility of a match going in the favorite team’s favor. So, study of historical records of odds helps in easier prediction. This strategy is applicable to all disciplines where the favorites are clear.
In-play bets leave both the punters and bookies with limited time in hand. These bets are liked a lot because of quicker settlement of results, and easy prediction. Football in-play bets are easier to predict due to low competition, so these can be included in the list of sports bets that create winning opportunities.
Conclusion
Predictability of events in any sport makes it a better choice for betting. Availability of data, history of clear favorites and odds movements work in favor of punters and help them make predictions correctly and easily. Football is the most profitable and easier to predict as the expert tips on tipster sites like soccertipsters.net are always available. The rich history of this game and availability of multiple bookies provide ample information that helps improve the quality of predictions. With practice, one can achieve a better win percentage and have regular income from betting.