THE THREE CATEGORIES OF FOOTBALL TRADERS

The sports betting industry is becoming a vital sector of economy in countries where betting are legally approved. Many punters and non-punters are making good profits on daily, weekly and monthly basis from the trading. The bookies (betting companies) are also rejoicing as they bank in huge amount of money from losers as well. So betting is a  profitable business to both the bookies and the bettors.

There are three categories of Bettors in the betting world. Before I talk about them, let me quickly remind you that betting is a form of gambling. All gambling involves losing and winning. You must be willing to give before you can be worthy to take. So, all sports bettors must GIVE and TAKE.

Now, the question is “Is the amount that you are GIVING greater than the amount that you are TAKING?”. When the investment does not yield any profits or is lost in most cases, then you need to plan better and trade better.

The category of bettor that you belong can have a huge impact on your overall betting success. Read about the three categories of bettors below and chose which that suits you.

(1). The High Bettors: This group of bettors places their bets with big amounts of stakes. They mostly bet on favorite teams that win most of the time in their league matches. These set of bettors do not accumulate more than three matches on a single bet slip or ticket. So, they prefer to stake on small odds with big-stakes. They can bet on odds that can even give them between 5% to 50% returns on their money. Such odds could be between 1.05 and 1.50.

If a high bettor places a high stake of N100,000 (One hundred thousand naira) on 1.25 odds, his winnings will be 25% of his stake:

N100,000 x 1.25 = N125,000

Profits = N125,000 – N100,000

= N25,000

Although, the high bettors win most of the time, their loses is also high. In the long run, these set of bettors do not really make good profits, because they need to win a minimum of five out of every seven bets. I will explain the reason for that in another post.

(2). The Average Bettors: This category of sport traders does not stake high like the first categories above. Those belonging to this group places their stake on odds between 5.50 and 50.50 with average stakes from N500 (Five hundred naira) to N10,000 (Ten thousand naira). They accumulate between five and ten matches on their tickets. This category of bettors only needs to win a minimum of three or four matches out of every seven matches.

Average Bettors can be further divided in two classes:

(a). Long-term Average Bettors (Bettors that expect their profits after few months or annually)

(b). Short-term Average Bettors (Bettors that expects their profits on daily or weekly basis)

(3). The Low Bettors: This set of bettors uses a stake between N100 and N500 per ticket to bet on bigger odds. Most bettors in these categories are likely to bet on odds ranging between 500 to 50,000. Due to the small stake involve, they aim very high winnings. This group of bettors also accumulates between ten to forty matches on their bet slips.

Due to the higher number of matches on their tickets, these set of bettors do not win often. Let me clarify here that bigger odds can be generated from few matches as well. What gives bigger odds is the degree of risk involves. For example, if you combine only three matches of Half-time/full-time; or three matches with correct scores, you will generate bigger odds. Bettors at this group can bet throughout a year or two without winning a single ticket.

However, their one time winnings can cover their many previous years of betting.

In summary, it is the average bettors with proper planning that can actually generates good profits from sports betting.

TODAY'S FREE FOOTBALL BETTING PREDICTIONS

(1)    FC Chiasso + Neuchatel Xamax FC (20:00 PM)

League = Switzerland (Challenge)

Tip = Away win @ 1.60 Odds

(2). Jong Az Alkmaar + Jong Psv Eindhoven (20:00 PM)

League = Holland (Eerste Divisie)

Tip = Both teams to score @ 1.40 Odds

TOTAL ODDS = 2.24