No other sport matches football’s popularity. For emphasis, billions of people worldwide watch football. There are always major football leagues and tournaments all year round. Therefore, the football trading system has high liquidity and can secure big profits for traders, bettors, and investors. Over the years, several people have enjoyed their major football leagues while making profits from betting.
If you are a newbie punter, football betting can become a sour experience if you don’t have a good strategy. You are in the right place if you need insightful guidelines and strategies for success in this sports betting niche.
Top tips for a Successful Football Trading System
Before learning the football trading strategies, you need to imbibe some habits. Let’s explore some of them.
Have a Risk Management Plan
Bankroll management is a crucial key to a successful football betting experience. It is essential to set aside a decent amount for football betting. Don’t gamble with the part of your income meant for rent or feeding. The goal of online betting is to have fun, make decent profits, and try again another day.
If you discover that you are on a losing streak despite a good trading strategy, don’t fret. Quit betting for that day. Divining your bankroll into about 100 fractions is also a good choice. Then, you can use each fraction for each game. Be ready to accept minimal profit at a consistent rate. It is better than losing a big bet.
Leverage Data and Statistics
Stay tuned to the latest football news. Check for updates on injuries and managerial decisions. If you are a diehard football fan, you will know that the game goes beyond the pitch. Injuries to key players can be key predictors for your betting strategy.
Furthermore,Check the head-to-head records for any teams playing against each other. If you notice any trend or pattern in the results, take advantage of it.
Specialise in One League
It is best to master a league and build your knowledge base before exploring other options. Some leagues have predictable match-ups and results. For example, we have seen cases where a club has dominated its league’s domestic title for three years or more consecutively. If you are proficient in a particular league, your predictions will be accurate.
Top Strategies for Football Betting
There are several football trading strategies, ranging from basic to advanced. However, we will have a look at:
- Correct score trading
- Pre match tradingÂ
- Lay low odds
Correct Score Trading
This football trading requires you to predict the exact scoreline of the game. Many traders love this market because of its high odds. For every goal scored, you need to study the market trend and make decisions as necessary.
In a correct score market, the odds are volatile. The principle of correct score trading is to lay when the odds fall and to back the scoreline when the odds are high.
Pre-match Trading
Pre-match trading involves setting up your trade and placing bets before the match commences. The goal of this technique is to take advantage of price movements, without relying on the game’s final outcome.
A professional punter will set up his pre-match bets once he knows the starting line-up and other relevant team news. This technique is a low-risk and often successful approach. Let’s use a weekend game between Chelsea and Arsenal as an example.
On Monday, you backed Arsenal at odds of 2.50 while betting $100 on betfair trading exchange. If Arsenal wins, you will potentially earn $150 ((2.50 x 100) – 100). Over the week, Arsenal’s best striker receives a knock in training and is out of the game.
This news causes the market to shift, and Arsenal’s odds fall to 2.20. Then, you lay Liverpools at 2.20 for a stake of $113.64. Regardless of the match outcome, you will gain a profit of $13.64
Lay Low Odds
Lay Low Odds technique is perfect for newbie sports bettors. You can add it to your betfair trading strategies. It involves laying a bet at very low odds in the early stages of the game. This means that you expect that the event will not come to pass. The lay low odds strategy is handy when you believe that a team will not hold onto their lead and will eventually lose.
Final Thoughts
Stick to the tips and strategies that you have learned in this guide. Practise them consistently, and watch your game improve. When you get sufficient football trading experience on platforms such as betfair football exchange, you can explore advanced techniques and win more profit. For the meantime, take things slow and have fun.
Also Read: The Path of a Football: From Production to Match Day