Most punters would love to win every ticket, but that is not attainable even for pro players with decades of betting experience. The best anyone can do is closely follow a given sport to make their predictions as accurate as possible.
It also doesn’t matter where you come from – the logic is the same for players from England to Wales to Ireland. On the upside, many clever tactics are available if you wish to improve certain aspects of your wagering process. Some of the more important betting tips for Irish punters are quite useful for local players since they are easy to follow. Plus, there are many other practical suggestions regarding payment methods.
However, we aim to investigate the logic behind betting offers even further. Let’s have a closer look!
Rule number one in sports betting is to use all available resources before taking a more serious action. More specifically, we are talking about promo deals you can take advantage of without paying a dime.
From our experience, this is the finest offer you can get from a digital bookie. They are rightfully called free bets since you literally get free funds to play with. There is a catch, of course, but it doesn’t change the overall nature of this offer. The idea is that a bookie gives you free money to place bets so you can start playing without investing any of your own money. But that comes with a little twist.
| Let’s say you’ve been given £100 for free bets. If you bet all of it and win £150, it’s only possible to withdraw £50 – not the initial stake worth £100.
Almost all betting providers offer this one – a bonus corresponding to your deposit. It often comes in the form of 100% match deposits. In a nutshell, a bookie will reward you with the exact same amount of money that you’ve decided to deposit.
| If you pay £250, you’ll end up with £500 on your wagering account.
Occasional losses are inevitable. In such circumstances, it is highly beneficial if you can count on cashback offers – also known as partial refunds. It’s a great risk reduction model as it lets you recover from a loss by making it somewhat less impactful.
| For example, your sportsbook might offer a 10% cashback on all losses up to £100 for football match wagers over a weekend.
Betting bonuses are designed with a special purpose in mind, so you must figure out their logic before picking the desired option. It’s extremely important to understand that nearly 100% of betting offers are tied to certain restrictions. We also call these the terms and conditions because you ought to fulfil them actually to receive a bonus.
For example, a betting provider will force you to wager your free funds at least 20 times before cashing out. Details like this one can greatly influence your betting session, which is why we strongly encourage you to read the terms and conditions for any given offer carefully.
| Key betting features | Descriptions |
| Wagering Requirements | You can cash out a bonus only if you wager it a certain number of times. |
| Minimum Odds | The idea is to place a riskier bet to receive a bonus. |
| Payment Methods | This type of promotion is tied to a given payment method. |
| Time Limits | Using your bonus within a certain time frame is a must. |
We’re sure you want to see some highly practical betting tricks, so here they are. These are proven methods that we used during the last 15+ years of wagering.
A world-known Fibonacci sequence (1-1-2-3-5-8-13…) can be the foundation for placing wagers accordingly. The idea is that an eventual win will cover previous losses and yield a profit.
👌Example: You start with a £10 bet and lose. According to the Fibonacci sequence, you bet £10 again and lose. Your next bet is £20 (1+1), then £30, and so on. Eventually, winning at £50 covers the previous losses and gives you a small profit.
👍Pro: Helps recover losses progressively.
👎Con: Risk of high stakes after consecutive losses.
Sometimes, spreading your stake across multiple outcomes in an event is better. That way, getting a consistent profit is possible if any of your selections win.
👌Example: You’re betting on a horse race with three strong contenders. Instead of betting all on one horse, you spread your £100 bet across all three (£40 on Horse A, £30 on Horse B, and £30 on Horse C). If any of them win, you profit overall, but managing this balance can be tricky
👍Pro: Ensures profit if one of your selections wins.
👎Con: Complex calculations and potential losses if not managed well.
Are you good at maths? If so, the Kelly formula might be a good option – its purpose is to calculate the optimal stake size based on your perceived edge.
👌Example: You calculate a 60% chance of winning a sports bet. Using the Kelly formula suggests you bet 20% of your bankroll on this outcome. This stake size maximises your expected growth, but you must estimate your chance of winning accurately.
👍Pro: Maximises long-term profits.
👎Con: Requires accurate probability estimation (extremely difficult).
This strategy is similar to the first but much riskier because you should place even bigger wagers with each iteration.
👌Example: You start with a £10 bet and win, doubling your money. The next bet is £20, which also wins, bringing you to £40. You continue to increase your bet size exponentially, but if you lose one bet, you lose all previous winnings.
👍Pro: Allows compounding winnings quickly.
👎Con: High risk of losing profits with one bad bet.
This is a low-risk staking strategy. In a nutshell, it encourages you to bet progressively over four rounds by following a 1-3-2-6 sequence.
👌Example: You bet £10 in the first round and win, then place £30 in the second round and win again. In the third round, you bet £20 and win, followed by a final bet of £60. A loss at any stage doesn’t wipe out all your gains but requires consistent wins to see significant profits.
👍Pro: Limits losses while increasing small winning streaks.
👎Con: Requires a consistent winning streak to be effective.
Even the most successful punters lose occasionally, and we must add a word of caution here: Beware of significant losses. More often than not, this simply means not spending too much on sports betting – especially not spending more than you can afford.
A major loss can occur at any given point, even if you are on a huge winning streak. That is why we suggest dividing your gaming funds into smaller units to try and avoid bigger losses. Though it will sometimes shrink your winnings, at least you won’t have a headache after losing too much.
That said, it is clear that online sportsbooks give you more than one way to earn more while investing less. It sounds counterintuitive, but that’s the beauty of digital bookmaking – so do your best to capitalise on it! Of course, this requires a little bit of caution because you ought to be aware of your overall gambling budget. But if you do, rest assured you will become a more successful punter.
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