Here is a quick overview of what bettors should know and be doing to not only increase one's chances of winning but to also help them gamble responsibly and have fun doing it. The sports betting industry, like Wall Street, is volatile. Bookmakers alter the betting odds throughout the day based on the activity they're taking and other news, such as injuries and weather.
Understanding Betting Odds and Lines
Sasa, when you're diving into online sports betting, it's important to understand how betting odds work. Bookies, like those at Betika, change the odds depending on how people are betting and any news that might affect the game, like injuries.
For example, if Gor Mahia is a favourite with a -1 goal advantage, and everyone is betting on them, the line might shift to -1.5. It might even go to -2, or they might "buy it back" to -1.
Speaking of lines, it's a good idea to compare lines from multiple betting sites. The betting odds tips can vary because different bookmakers focus on different types of punters.
Managing Your Betting Money (Bankroll)
A good idea is to only risk what you can afford to lose, mambo? Remember, sports betting is a marathon, not a sprint. There will be good days and bad days. That's why flat-betting is a poa strategy.
Flat-betting means betting the same amount on each game and only risking 1% to 5% of your bankroll (the total amount you have for betting). If you have a KSh 12,987 bankroll, for example, you should risk no more than KSh 130 to KSh 650 per game.