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Best Sports Betting Strategies: Sports Betting Strategies that Work in 2024

One of the most interesting parts of online sports betting is looking at sports betting strategies for betting, specifically. Many punters assume that betting strategies are only for experienced or professional sports bettors, but this need not be the case.

In fact, as a newcomer in the world of sports betting, the best sports betting strategies can help you to acquire a multifaceted perspective of what sports betting is about faster while making fewer beginner mistakes. TheGruelingTruth.com sports betting strategies section gives you the lowdown on profitable betting strategies and what to look out for, so join us!

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Why are the sports betting strategies so important? Learn more in our expert guide

Better chances of short-term and long-term success

With the right profitable betting strategies, which is both a strategy that works in specific circumstances and one that works for you personally, you should be able to beat the sports betting systems in the long run.

There are several forms of gambling that can lead to long-term profits, and sports betting is one of them. However, if you don’t use strategic betting, it can be hard to make a good amount of money from sports betting.

Additionally, because strategic sports betting is far from being an exact science, you need a lot of self-discipline and the ability to focus to become a professional sports bettor or one that can make a living off sports betting alone. There is light at the end of the tunnel, though. If you’re an observant, patient, fast learner, success is not out of your reach, especially when you’ve found the best betting sites online.

It’s an easy way to learn without throwing yourself into the deep end

Start off your wagering journey using sports betting strategies for betting to provide a structured platform you can use as a basis for learning. Jumping into the world of sports betting without looking at some structured methods is going to leave you overwhelmed with different betting options. It’s the same with other gambling types and this may lead to either you getting frustrated because you seem to be making the wrong choices or just feeling a bit overwhelmed because you don’t know where to begin.

The great thing about the best sports betting strategies is that they give you insight not only on betting methods but also on what favorable and unfavorable betting circumstances are. This means you start off with a big picture idea of what sports betting is by using, for example, horse betting strategies or football betting strategies instead of trying out different bets and having to wait for the outcome and learn from your mistakes.

We’re not saying you’re going to make no mistakes if you start off using strategies, but in all likelihood, you’re going to make less and learn more in a short amount of time.

Using profitable betting strategies is a great strategy to get the most out of a bonus deal (and your brain)

Ever wondered why some bonus deals have such specific wagering requirements and exclude certain betting types or sports? It’s to make sports betting experts work a little harder to get their pound of flesh from the promotion.

As you become more and more experienced at sports betting, bonus and promo deals become fun activities that have the ability to make you think a little by giving you lucrative rewards but taking away some of your usual options.

A creative sports betting strategist enjoys this as looking at sports betting strategies from a different perspective is required to help you to learn new and valuable wagering skills.

Key Beginner Concepts

We’re always here to help, and we’ll start by telling you where to start your strategic journey. You’ll have to learn a few concepts, but don’t worry; they’re easy to grasp. Once you get these under the belt, you should be fine. Picking a team and zooming in on them is your first step. The next concept you’ll learn is to study the team’s record against the points spread of the casino or sportsbook. Another vital idea is bankroll management, which we’ll get into in just a second. Lastly, shopping around for the best lines and odds is crucial in sports betting.

Focus on one team

Firstly, pick a team your like. You don’t have to be an expert on the team, just sort of familiar or vaguely familiar with them. The idea is that you learn everything there is to know about this one team instead of trying to learn a little bit about many teams. Think about the figure of speech, “Jack of all trades, master of none,” as it best describes this concept. Become a master of this one team and learn all there is to know about the history and the players, including management and coaching staff.

Study teams’ records against the spread

Maybe you’ve heard the term “ATS” being hurled around when the game is on. ATS means “against the spread.” It’s a statistic used to see how the team’s win/loss ratio is regarding the spread, and not just their overall win/loss average. Here, you should not only outright bet on a team winning or losing, but the margin with which they potentially win or lose. When you bet ATS, you’re essentially betting on the underdog. If you win your ATS bet, you’ll get your to bet back plus your winnings.

Respect Bankroll management

Money, money, money! Yes, it doesn’t just grow on trees, and it doesn’t just grow in your betting account. You should learn to manage your bankroll. It basically means that you should look at how much you betting and the frequency of your bets. You need to create a separate bankroll or budget for your betting activities. If you have $250 available per month, stick to it. If you’re looking at

 

Who should make use of our sports betting strategies for betting? Please, join us!

Technology has made sports betting even more popular and accessible and also caused the sports betting business to rocket into outer space. It’s fantastic to have so many options at your fingertips, with expansion happening almost daily.

Betting strategies are used all over, even on the best bingo sites. Thus, sports betting as a form of gambling is not perfect, and unless you have the right strategy, skills, and tools, it will be just as much of a gamble as it would have been had you gone into the bet blindfolded.

Our betting strategies are for absolutely everyone who wants to sharpen their knowledge, test themselves, or start at the very beginning of sports betting. It’s a fantastic journey, and betting strategies make you think about how broad the field of sports betting actually is.

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Our top 5 betting tips for sports betting strategists everywhere

Manage that bankroll

Even at the best poker site online, you don’t ever want to be betting on sports with money that you cannot afford to lose. So, in order to ensure that this doesn’t happen, set aside the money you want to use for sports betting and first see if you have enough left. This will be your bankroll. Depending on how often you place wagers, you can do a weekly or a monthly bankroll.

Believe it or not, there are even bankroll strategies to strategically guide you for successful strategic betting, if you know what we mean. This strategy is to only make bets with 1-5% of your bankroll. In other words, you can make bets until your bankroll is depleted, but keep the percentage you spend on each wager within this parameter.

It is a complete myth that, in order to win back the money you lost, you need to increase the amount you wager in one go. Slow and steady does the trick. When you are betting on sports, which is ultimately a form of gambling, you always need to set aside a certain amount of money or bankroll that you know is going to be used exclusively for this purpose. In other words, it won’t hurt you to lose this cash if your wager doesn’t work out.  

Control your emotions and stay sober

It seems like everyone knows that betting while being inebriated or emotional is not a good idea. However, it can happen so quickly that the next thing you know, you’ve gotten yourself into a difficult situation.

This is because one beer leads to two, and two leads to three, especially if you’re enjoying yourself. More people wager while they’re under the influence of alcohol than we think, and we’re pretty sure they do know it’s not a good idea.

This is because having more than you should is something that usually happens in the moment. If you’re about to do some serious betting, we suggest not drinking at all. We don’t want to sound like party poopers, but we don’t want you to experience that disappointment of overspending, chasing losses, or doing anything else you wouldn’t normally do if you were sober.

Think about it. You still have to be sober and poised to effectively use profitable betting strategies. We’d love to see you win, so keep the drinks for the celebrations after. 

Know the wagering types

Totals: This is one of the most popular sports bets apart from money lines and spreads. Point totals or totals are also known as over/under bets because you are betting on a total to go over or under.

Points Spread: Another popular type of bet is a point spread bet. When betting on a spread, you are betting on a team’s margin of success instead of the final outcome.

Moneylines: Moneylines are a favorite because it’s a very simple betting concept. When betting on a specific team’s money line, you are betting on that team to win.

Parlay: A parlay bet is a bet set on multiple bets to win, and the multiple bets are usually referred to as “legs.” For a parlay to win and you to get your winnings, every leg in the parlay needs to win. So, if you have a four-leg parlay but you only have three winning legs, then your parlay bet loses overall.

Teasers: A teaser is similar to a parlay in the sense that it is also tied to multiple bets. However, the difference here is that teaser bets are only meant for point spreads and the payout should be the same as a normal single bet.

Props: A proposition or a prop bet is a bet that is different than other bets as it is not directly linked to a game’s final score or the overall result. The two most popular prop bet types are game props and player props. A game prop is when the bet is about something specific happening in the game. For example, team 1 will score before team 2. Player prop bets are linked to the players’ performance. For example, how many passing yards a quarterback made. There are lots of other and more inventive props, and even prop bets that are not related to the game or player at all, which are popular at big tournaments like the Super Bowl. 

Some games are easier to wager on than others

Something else to think about when it comes to profitable sports betting and the best sports betting strategies is that some sports are easier to bet on than others because the game itself has a simpler structure that can accommodate more basic bets. For example, instead of choosing to bet on a soccer match, that involves 22 players, a one-on-one game like tennis may feel easier to tackle with a strategy. Additionally, if you are clued-up on a certain sport and you know a lot about what’s going on both behind the scenes and on the field, you’ll find it easier to bet on this sport than another you’re not so familiar with. This is why there are also sports-specific strategies like golf betting strategies and soccer betting strategies, to name only two. It gives you an edge that can make a sports betting strategy a deadly weapon.  

Familiarize yourself with some common profitable betting strategies

When it comes to sports betting strategies, there are scores of strategies you can familiarize yourself with. Here are a few introductory ones, and be on the lookout for some in-depth sports betting strategy discussions in our strategies content section:

  • Fading: The opposite of fading is called “chasing steam,” where the basic principle is to follow your fellow bettors’ decisions. Fading means you are betting against your betting peers. In other words, when you see noticeable changes in odds and lines, instead of betting for the trend, you’re betting against it.
  • Looking for outliers: Looking for outliers is considered to be a betting strategy based on good old common sense.  Outliers are basically odds that go against the trend. So, for you to find the best value for your bet, you need to look for the best odds. However, in order to make this a successful strategy, you need more than one sportsbook account because you’re going to need to compare odds from different operators and ultimately choose the best betting sites online you want to go with.
  • Backing heavy favorites is another basic sports betting strategy that anyone can take advantage of. Beginner punters can easily use this strategy because it doesn’t require extensive experience or skill. Favorites usually have high odds to be successful and are favorites for a reason, and that’s why sports bettors choose to back them.
  • Winning streaks: If a team has won six or seven games in a row, it will have high odds of winning the next one. However, as every team loses at some point, considering to back the underdog when investigating winning streaks is also a great approach, especially if the odds seem too good to be true.

Betting terminology – all you need to know

What are profitable betting strategies in sports betting without knowing some basic terminology? Here are some of the basic betting terminology that also includes some sports betting slang terms so you know what sports betting gurus are talking about. If you’re not a Sharp yet, don’t worry — we’ll make sure you get there very soon.

  • Sharp or a Wiseguy: A professional sports bettor.
  • Steam: A quick change on a line due to heavy wagering.
  • Taking the points: Betting an underdog against the spread.
  • Off the Board: A game that is off-limits for wagering.
  • No Action: A game that is no longer taking bets and where all wagers are refunded.
  • Juice: Commission bookies win on each bet.
  • Punter: A person who places a bet
  • Push: When neither team covers the spread, no one wins the bet and all wagers are subsequently refunded.
  • Bad Beat: A bet that looked like a winning bet, but the bettor ends up not winning.
  • Chalk: The favorite in a game.

Notes of caution: Keep the following at the back of your head

The best betting strategy for sports is as good as the circumstances it’s placed in

Sports betting strategies can look like magic, especially if some sports betting experts continuously end up winning using the same strategy. However, what is just as important as the strategy is the circumstances it is placed in, so you definitely can’t look at strategies in isolation. An experienced bettor will have their go-to strategies, but when the betting circumstances are not looking favorable for their usual plans, they’ll change it to get the most favorable outcome possible.

This is one of the tricks that make strategies appear so successful — they are used in the right time and circumstances. And, that’s what makes an expert an expert — being able to read the room.

Avoid basing your strategy on data that is not relevant or not up to date

Using historical data and state to sharpen profitable betting strategies and predictions is smart. In the realm of uncertainty, nothing is more refreshing than some cold, hard facts to create a sense of perspective. However, you need to make sure that your cold hard facts are, indeed, cold and hard. Meaning, the data should be relevant to what you want to bet on and it should be the most recent stats to help you use your betting strategy in the most accurate way possible. Here, we are referring to pre-game betting as opposed to in-game betting.

So, there are two things to remember. When choosing which information you want to use, deductive reasoning always comes in handy when you need to determine which stats are relevant and which are not. Secondly, use the most recent and up-to-date stats you can find to get the best results. Finding the best betting tipsters to help you with your information will allow profitable betting strategies to skyrocket.

Don’t chase your losses

That’s as clear as you can put it. However, the circumstances that lead up to a situation where you start chasing your losses is not always that simple, and that’s why you need to make sure to be cognizant of how you handle yourself during the whole wagering process. Chasing losses has a lot to do with your emotional and mental state while you’re wagering. Here are some things to keep in mind:

  • Avoid betting when you’re feeling down, tired, or when you’re in a bad mood. Betting is not necessarily going to cheer you up, especially if you’re not on the top of your game and losing a bet remains a possibility.
  • When you feel emotions rising when you see your bet tanking, take a step back and assess your emotional state. It’s hard because you’re in the heat of the moment, but walking away instead of chasing that loss is going to have a huge positive influence on your next betting endeavor.
  • Even if chasing your losses worked for you once, it is a counter-intuitive strategy that is not based on any logic whatsoever. The point of strategic betting is to bring some structure and logic into the world of chance.
  • You may feel that you’re doing the wrong thing by just walking away, but in retrospect, you’ll realize that it’s the best choice in a situation like that. You should emphatically pat yourself on the back if you were able to successfully walk away from a bet that’s sinking faster than the Titanic.

Conclusion: Meet your new best friend – the best sports betting strategies

TheGruelingTruth.com is all about a betting strategy that works, and if you want to get more from your sports betting adventures, you should too. We provide you with the five top betting strategy tips that’ll keep any punter on the right track.

Additionally, there is our “voice of reason” section that provides premium advice on what to avoid when using betting strategies and with sports betting in general. Finally, if you’ve ever heard someone talking about a Bad Beat and wondered what it meant when someone else said it, now you know!

Join us for regular updates on the best sports betting strategies and tips available right here at TheGruelingTruth.com.

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Best sports betting strategies FAQ 

🏈How many profitable betting strategies are there for sports betting?

There are many sports betting strategies for betting, and just because a strategy does not have a name and is used by many sports bettors doesn’t mean it’s not a strategy. Our sports betting strategies reviews help you to discover all the different ways you can set yourself up for success. All you need to do is follow our sports betting strategies content to continuously improve your game.

🏆What are the best sports betting strategies for betting?

That is not an easy question to answer, as it depends on several factors. If you want to learn more about the best sports betting strategies and find out which ones may work best for you, then the sports betting strategies from our experts at TheGruelingTruth.com will certainly help you ace your sports betting endeavors. Take a look and start improving your game!

⚖️Are profitable betting strategies legal?

That depends on what the betting strategy entails. If there is fraudulent activity involved, then the betting strategy will definitely not be legal and we will also never recommend it. You can find out more about the best betting strategies at TheGruelingTruth.com, where we explain all the best methods to use and how to use them in order to make your chances of winning more secure.

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