Customer A bets $100 on heads at odds of 1.90, and Customer B bets $100 on tails at odds 1.90. If heads come up, Customer A wins $190, and Customer B wins nothing. If tails come up, the reverse occurs. In both instances, the bookmaker accepts $200 of bets, but only pays out $190 in winnings. Matched betting allows you to bypass these terms and conditions and extract that free bet. You can take that money straight from your bookmaker to your bank account with ease. Because of the huge number of bookmakers, there is literally thousands of pounds worth of free bets. For Complete subscription or Password Renewal, You will need to deposit funds. Please access the M-Pesa menu on your Safaricom mobile phone and deposit funds using M-Pesa number. Select 'Send Money' from your Safaricom MPesa Menu. Select 'Enter Phone Number'.

1. Money Betting Apps
2. How To Bet Money

If you want to make money sports betting, you must start with a betting bank that can take some hits. Many people fall into the trap and bet too big. If you do your homework and instead place around 2,500 bets a year with a lower return, let’s say 4%, you would quickly calculate a net profit of 40’000. The more money you put on the odds bet, the better off you are. Since it lowers the house edge dramatically, you should always maximize it. At some tables, the max might be 3 or 4 times your original bet. But you might find some casinos which allow you to place an odds bet of 100X your initial bet.

Betting has always been close to sports, and the emergence of the Internet brought it to a whole new level. Thanks to this, everyone can try to start making money on bets, but is it possible to win on this? Below the team of CentreForum will analyze popular betting approaches and give some tips for beginners.

How to start making money on sports betting

There is a small group of people who wager more for fun. But, in most cases, the player wants to win and earn.

It should be noted right away that there is a small percentage of professional players who consistently win at bookmakers.

Do you want to start making money on bets too and love sports? You cannot do without love for sports games, since you will have to watch games for several hours a day and analyze the results. To earn money on sports betting you will need:

• stable internet access, especially for those who prefer to bet on LIVE;
• free time – at least 3 hours a day;
• bankroll – free funds that you can afford to lose;
• good knowledge of one or more sports.

More often, beginners prefer popular sports like football, hockey, or basketball. Yet, it is worth noting that the easiest way to make money is tennis. But, this sport is not very popular in Russia.

A few words about bankroll. If you are new to this business, there is a high probability of a drawdown or a total loss of the initial deposit. That is why we strongly recommend not betting with bookmakers on your last funds. Play only if you can afford to lose your deposit.

Choosing a bookmaker

If you are going to live on earnings from sports betting, then you need to find a reliable and trusted partner among bookmakers. We recommend giving preference to companies that have a license for betting. Also, when choosing a bookmaker, you should pay attention to the following factors:

• supported payment systems and commissions for depositing and withdrawing funds;
• number of events;
• high odds – study the line of several offices to see which one provides more favorable conditions for betting in the desired sports discipline.

It should be noted that a fairly large number of illegal bookmakers work on the Internet. Cooperation with them threatens that in case of a large win they will refuse to pay you funds. It is almost impossible to make money from sports betting with such bookmakers, although sometimes they offer odds higher than those of competitors.

How to avoid mistakes and make money on sports betting

A professional gambler differs from a beginner in many factors. Below we offer a short list of rules that will significantly increase the chances of getting rich by placing bets:

• we do not bet on everything, but only on sports that we understand well;
• we always analyze the event before making a bet with a bookmaker;
• we do not bet more than 1-2% of the bankroll;
• we avoid parimutuel betting and big parlay bets, which include more than 5 events.

Most often, beginners make the same mistakes in sports betting, for example, they bet their entire deposit on 1 event. Such rash actions most often end in loss. To make money, you need a systematic approach, so below we will consider different strategies.

Value Betting

This approach is more suitable for those players who have been following a certain sport for a long time and are well versed in it. This will allow us to independently determine the favorite in the match.

Money Betting Apps

Value Betting’s job is to find undervalued events. Let’s take the Barcelona – Real Madrid or «El Clásico» as an example. The bookmaker believes that the Royal club is the favorite, so there are odds of 1.5 for its victory in the match, but the Catalans are outsiders, so their victory is estimated at 3.0.

Yet, if you conduct a detailed analysis, it turns out that Barcelona have much more chances of winning than the bookmaker thinks, which means that it is more profitable to bet on the Catalans club in this game.

Flat

Often along with this strategy, an approach called the Flat betting is used. For all events, we bet always the same size bet over a long period. If the bank has noticeably increased, for example, by 2 times, then the size of the bet can be increased. And if the bankroll decreases – the player begins to bet less, so the probability of completely draining the capital noticeably decreases.

Overtake

One of the most aggressive strategies, which involves constantly increasing the size of the initial bet in case of loss. For example, we bet 100 dollars and lost. Our task now is to win back the previous bet and make money.

How To Bet Money

For overtaking, the Martingale system is most often used. For the first time, this approach was used in a casino – if you lose, the size of the bet is doubled. For example, we bet 100 dollars on black, if the bet loses, we bet 200 dollars next time. In case of a victory, the amount of the winnings will be 400 dollars – a net profit of 100 dollars. If we are not lucky, then next time we make a bet for 400 dollars and so on.