Every experienced sports betting player was once a beginner. This fact indicates that generating revenue consistently with sports betting is possible.
To start making money, you need three things:
1. Free time. Every day you will need to find at least a few hours to spend on sports betting and analyzing proposals from various bookmakers.
2. Desire. You must define a goal and constantly work to achieve it.
3. Patience. By relying on luck, you can win one or more sports bets. But to generate a steady and stable income, you have to work hard.
By following the rules and a few simple strategies, even a beginner with no particular experience and knowledge can make a profit from betting.
How much do beginners earn
Winning by playing sports betting is an investment with a high level of risk. If you misjudge the gambling situation, you will lose your bet. However, if you win, the income will be much greater than the interest on the deposit.
The first thing you should do as a beginner is to choose the right gambling bank and the right bet size. There are two nuances here:
1- you have to play by yourself. The bank is the amount you can lose without significantly affecting your own welfare. No strategy gives a hundred percent certainty that all your bets will come through.
2- the standard bet amount should be about two percent of the bank.
The next step is to choose the sport. Most often, beginners choose soccer or field hockey. Experienced players prefer tennis. The most important thing is to like the type of sport chosen in order to be able to effectively evaluate the athlete’s chances.
On average, a novice player earns about 10 percent of the amount in his or her bank account each month. When using risky strategies, this figure may increase at some point, but the possibility of losing the entire bank will also increase.
How to Bet: Instructions for Beginners
If you are betting with a bookmaker for the first time, you will need to do the following:
1- first of all, you have to learn the rules of some bookmakers. Remember the main terms and concepts and choose the best one. When choosing, it is necessary to study not only the proposals on betting and odds, but also to compare ways of depositing and withdrawing money: not all bookmakers work with popular payment systems. When choosing, you can refer to the bookmakers’ ratings.
2- the second step is the registration at the selected bookmaker. There is nothing complicated: fill in the registration form and if necessary a confirmation via the Internet. Pay particular attention to the choice of the game currency: you will not be able to change it yourself.
3- the deposit – which consists of putting money into a gambling account. Here there is a nuance: for the replenishment of the account and for the withdrawal of the won funds, some bookmakers use different payment systems.
4- the choice of the appropriate sporting event and bet. This can be done on the site of the betting office.