Why is everyone but you already making money on sports betting? Place bets on your favorite teams and share the victory with them! But remember – to make money on betting, knowledge of sports is not enough. You need to understand how bookmakers themselves work, how odds are formed and what betting options exist. We have collected a brief summary of everything a beginner in the world of betting needs to know, and we will also show you everything you need using the example of the MelBet betting portal interface.
Bookmaker Client Dictionary – How Not to Get Confused in “Accumulators” and “Handicaps”
As in every sphere, the world of betting has its own terminology that will be incomprehensible to an outsider. And many details are also confusing. Take, for example, the odds – the most important number when placing a sports bet. The odds can be written as decimal, fractional or “American” (this is the format for writing the odds in dollars – showing how much you could win if you bet 100 USD on a given outcome). There are other exotic ways of writing. On the online betting Melbet site, you can choose between modes to get odds in the usual format.
By type of bet, there are singles and accumulators – this is one big bet of several outcomes with a very high coefficient, which wins if all the events in it come true. Combinations of several accumulators are called “systems”. The outcomes themselves are divided into categories: for example, “totals” are an opportunity to bet on the total number of goals per game, and “handicaps” – on the difference in goals between teams. “Double chance” means betting on a team to win with insurance against a draw (thus reducing your risk slightly).
However, you shouldn’t try to remember all this right away – it’s better to just master it in practice. Choose any match you like, open the list of offered bets and make several for a small amount to understand how they will be calculated. It is convenient to do this on MelBet – a bookmaker platform with 30-second registration and no thresholds for a minimum replenishment, as well as deposit fees.
It is also important to understand the difference between Line (Prematch) and Live. These are two betting modes: in the first, bets are accepted only before the start of the event, and in the second – only directly during it.
Bankroll Management, or How Much You Can Bet Even on the Most Odds
The first thing any bettor should do is to clearly separate the funds allocated for betting from the rest of the money. Control how much money you put into your betting account per month, and how much you withdraw from it. Regardless of how big or small the amount in your account is, you should not use more than 1-5% of your bankroll in one bet (unless, of course, it is your test deposit to check the bookmaker) – even if it seems that there is no way to lose in a bet.
Always avoid impulsive decisions – especially after losses. If you have failed, this may be a signal that you should stop betting for today and return to it later, with fresh thoughts. It will be useful to determine a loss limit for yourself in advance. If you want to bet seriously, use bankroll management strategies such as flat or the Kelly criterion, and also read the strategies for bettors – and instructions on how to follow them.
Melbet website allows you to view statistics on your accounts, analyze dynamics, control transactions – and thus draw conclusions about the effectiveness of your game. If desired, the summary can be exported to a file.
The Main Thing Is the Plan: All About Strategic Planning in Betting
Fortunately, there are ready-made “secrets of success” in this world that can bring order to your bets and suggest the right actions. Analysts have long ago invented methods for making decisions to increase your bankroll. Here are some of them:
- Flat is the simplest strategy and is suitable for beginners. The main principle is that bets are always fixed in size, without regard to odds and risk.
- Martingale – A method for compensating losses. It works on the principle of increasing the bet after each loss – in order to win back losses. The main thing is to set your own limit on the increase, so as not to go broke in the event of a losing streak, although the risk will always remain. It has several modifications.
- Kelly criterion – the antagonist of flat. Here it is proposed to calculate the optimal bet size, taking into account the odds and your own forecast. Use requires solid analytical skills, but for everyone who loves mathematics, the criterion will allow you to win more often.
- Danish system (D’Alembert system) – another method of responding to losses. Here you need to choose the size of the difference and add it to the bet size when losing, or subtract it when winning. Less effective than Martingale, but not as risky
- Fibonacci system – also involves increasing the bet to compensate for losses. The Fibonacci sequence is used to calculate the addition – a series of numbers that are successive additions.
But do not think that you can choose a strategy at random – which one you like more. They were invented specifically for bettors of different activity levels and for different bankrolls. Therefore, before playing according to someone else’s scheme, be sure to read all the instructions from its developer – only in this way can it be useful. And check the effectiveness and performance of the method on small bets – fortunately, on the Melbet platform there is no threshold for the minimum bet and no commission at all.
Don’t Be Afraid to Ask: Where Can You Get Advice?
If you want to get advice from experienced bettors, look into the official bookmaker networks. For example, visit the official Telegram Melbet channel or go to their Facebook page to be able to discuss betting strategies with like-minded people, as well as be the first to learn about sports news and receive special bonus offers.
If your question concerns technical issues – for example, payment methods, features of various betting offers, terms of bonus programs, then you need to look for the answer directly from the administration of the betting portal. Melbet support works around the clock, every day and is available both on the hotline and in the online chat on the website, in the application and many other places. The service employees will be happy to answer all your questions.
Bet With a Poker Face: Don’t Let Emotions Take Control
Betting is loved for its combination of a material bonus and positive emotions from winning. But everything has its price – when losses happen, it can be difficult to maintain a cheerful attitude. Learn not to take everything to heart. Even if you bet regularly and according to a strategy, remember that betting always remains more entertainment, a game, and not serious work.
After losses, do not try to win back, unless this was previously (!) provided for by your strategy. And never change your strategy on the fly, under the influence of emotions, even if you are 99% sure – otherwise you will nullify all the bonuses from tactical planning. Sometimes you can get a series of losses that can lead to tilt, apathy towards your hobby and disappointment. To do this, take regular breaks, and learn to never hope that a bet will play until it is calculated. Sometimes this is difficult, but sometimes sports really should remain just sports, and you – an observer.
However, there is a solution for every case. Melbet platform allows you to always stay in the game thanks to its bonus program: accumulator bet insurance “100% refund” and single bet “Safe bet”. Even if you lose, you will always have a second chance.
Rules for Successful Betting – A General Overview
So, we have figured out what a bettor who wins more often than others should be like. First, always learn. Understand the intricacies of the platform you use, read the rules and conditions of bonuses, study the principles of complex bets. Don’t be lazy in making calculations. Use the experience of others and borrow their techniques, especially regarding long-term planning. Learn to limit yourself and not make exceptions – control the time in the game, the funds spent and won. And, of course, treat bets as leisure – after all, this is what they were created for.
