How to beat the bookies. Bankroll management, bookmakers selection
We’ve already written a number of articles on how to take advantage of bookmakers. Now it’s time we gave you a step-by-step guide summarizing the basic and crucial rules you shouldn’t neglect if you want to get an edge in betting. Of course, even the strict compliance with these rules doesn’t guarantee endless cash flow from bookies. But, without doubt, if you break these rules, you’ll lose. So, let’s start. Three cornerstones, three pillars any punter should lean on.
I think every bettor has heard about these rules hundreds and hundreds of times. And having again lost our entire bankroll we would search the internet trying to find out how these lucky dogs manage to stay the course? Are we right? And what would you find? Certainly, it is a common list of simple instructions; two of them are a must: manage your betting bank and choose a bookmaker with the lowest margin. The third one is optional: be fast to place your bet as soon as the match line is visible. (The latter rule may sometimes be interpreted differently, while the former two are obligatory!)
Onу would think that it’s too easy! If so, why don’t you stick to these rules? Do you want to build a good house? Start with pouring good concrete for a foundation! It’s rather questionable whether your future house will live long without it. Don’t repeat The Three Little Pigs’ mistakes. Make your house of bricks, otherwise a big bad wolf (a bookmaker) will eat you (your bank)!!! I hope I’ve caught your eye and you are ready to accept these three simple rules, which are managing your gambling bank, selection of a bookmaker and time of betting.
Let us start with the first fundamental rule – bankroll management (account).
We’ve already talked about the basic rules of bankroll management. Let us recall: never, under no circumstances wager more than 10% of your gambling bank. Even if you are 100% sure of the match outcome, even if someone has convinced you that this is a fixed match or even if the God himself appeared in your dreams and predicated a match result. Never, never and never bet more than 10% of your bankroll. The following table summarizes the recommended betting amounts depending on the number of bets you place monthly.
Number of bets a month
Each bet size
50 – 100 bets
20 – 50 bets
10 – 20 bets
Less than 10 bets
We highly recommend keeping to these data.
Select a bookmaker with the lowest margin.
I would never believe that any punter may have troubles here... But the latest experience has shown that the majority of bettors play with “bad” bookies! I don’t understand it! The topic is not new and so many articles and arguments have already been devoted to it. But still…
How often do you come across people scattering their cash on the streets? Personally I, never. So why do you do this by choosing a “bad” bookmaker with low coefficients? Friends, be wise enough to open your account by a reliable bookmaker with high coefficients and low margin. Above we’ll provide you with the list of bookmakers we recommend. Recommend, not advertise or promote! Our goal is to provide you with the information for you to gain an advantage!
So, bookmakers operating low-margin models:
Pinnacle Sports is not the best variant for tennis bettors, as it would take long to withdraw money from them. So we suggest that you open your account here and withdraw money with Skrill. It will pay off in spades. Among its main drawbacks is a fast moving tennis line attributable to the concentration of best bettors who manage to catch the best odds. The positive side is the highest pre-match odds.
Further goes Betfair. It’s rather complicated to learn how to deal with it but if you search the net you’ll find plenty of useful data on how this platform works. Take your time and you’ll be rewarded. And keep in mind that you’ll have to pay commission for the withdrawal of money. Its size depends on your bankroll. All bookmakers dissemble this fact, so be attentive. Nevertheless, if using Betfair correctly, it tend to be very efficient betting platform.
The last in the list is Marathon. In my view, it’s the best of the kind: excellent odds, a variety of lines and attractive assortment of live bets. The only problem is that it will block your account if you tend to be a super winning player. Of course, this fact is a disadvantage, but still to date this platform has no better analogues on the market.
Follow my simple advice. Open three accounts by these bookies and try to catch the best coefficients and, as a result, become a more efficient player. Other bookies have pretty high margins. And believe me you would pay big money for bonuses and comfortable gambling.
And the last cornerstone of successful betting is time of placing bets.
We highly recommend wagering your money as soon as the line is assigned. The coefficients then will be the highest possible. And that’s exactly what we need. If you risk, you may get extra 0,1 and more. And it's good money. If you bet 200 bucks, you’ll get 20 dollars for free. And if you place 20 bets a month (12 won and 8 lost) it will be 12*20 = 240 bucks for free. Or, to be more precise, you don’t lose this money. And that’s awesome!
So let’s repeat once again the three fundamental rules which would help you to take advantage over bookies:
Manage your bankroll
Consider the bookmaker’s margin
Choose the best betting time
Congratulations! You’ve just achieved the beginners’ level in betting)
Relevant articles:Bookmakers review. Bankroll
Long odds betting strategies
How to win at betting: odds fluctuations.
How to consistently win at sports betting
Answers to some questions: fixed matches, bets on totals, betting strategies
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