When investing in sports betting, the primary objective is to make a profit, and to do so regularly. To do this, there are various betting techniques that, once learned, can either make big wins or long-term profits. We will focus on teaching you one in particular. It is called long term betting. What it is and how to benefit from it, we reveal all about this strategy.
You may have come across one at your usual bookmaker's without knowing its advantages. A long term bet is one where the outcome will only be known after several months or even years. In English, bookmakers call them "outrights".
Ordinarily, long-term bets offer very attractive odds.. This is to show you how much money you can make with this strategy. However, there is a lot of uncertainty in this type of betting. In a competition like the Premier League, 20 clubs are competing for the title. So your long term bet will have 20 possible outcomes.
You will have several chances to get a value bet because the quotation is done manually. This is the opposite of a single bet. A word of advice: betting on a favourite does not guarantee you a win. Long term betting is based on a bit of uncertainty and chance.
The advantage of long term betting is that you can bet little and expect to win big. Just like a simple bet where you expect to win pound300 (with a big bet amount), you can make the same profit with a smaller bet. For a simple bet, to win pound300 you would need to bet pound600 on odds of 1.5. Thus 600 × 1.5 = 900, you will have made your profit of 300. Similarly, you only need to bet pound30 on a long term bet of odds 110 to win your pound300.
To win at sports betting using the long shot method, all you need to do is follow the essential bettor's guide. For example, a competition has favourites (odds below 10), underdogs (odds 10-20), a category called the soft underbelly (20-30) and the remaining participants (30-plus).
Let's say you have pound300 as a starting fund. In order to win your long term bet, we advise you to bet pound20 on 5 teams in the soft underbelly. This could net you between 400 and 600 pound if the winning team is there. Then bet pound50 on 3 underdogs while hoping to win between 500 and 1000 pound. Then finish by putting pound5 on one of the favorites. When all is said and done, you can expect to get your money back at the end of the competition and why not make a profit.
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