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Betting Strategies
- Decide on your maximum betting budget. A budget that is too high may result in personal bankruptcy. On the other hand, a small budget might limit you a bit. The rule of thumb for a beginner's maximum budget is $1000.
- Decide on your maximum bet. Placing all your money on one outcome you believe in will not do the trick. Only distributing the risk between multiple games will result in profits. The rule of thumb for a beginner's maximum bet is $50.
- The probabilities of match outcome are defined in the range between 0% (no chance) and 100% (a sure bet). The probability of any outcome expresses our belief in this outcome, scaled between 0% and 100%.
- Choose games with high betting potential. The potential, also known as "bet value", is a product between bookmaker odds and SciBet probabilities.
- For example, given a game with Away Win Probability = 35% and average Away Win Odds = 4.1, according to the formula above the value of away win is equal to:
- Extremelly high bet values are a rarity on the betting market, thus it is common to bet on outcomes with values ranging between 1.1 and 1.4.
- To calculate your optimal wager, use kelly, which is a function of the current budget, the outcome probability and the betting odds:
- With Away Win Probability = 35% and average Away Win Odds = 4.1, the stake will be the minimum between Kelly and the maximum bet of $50:
- Choose the sportsbooks with the highest odds and rating. It is better to choose a bookmaker whose odds are a bit lower but whose rating is high, than the other way around. The rating is influenced by several factors, such as, deposit options, customer support and the feedback that BetBubbles gets from its visitors.
- See the attack-defense graphs below to understand the mechanizm behind SciBet predictions. Don't bet if the predictions contradict your intuition concerning attack-deffense graphs.
Results/Fixtures Tables
Attack - Defense Rankings Graph
How to use the attack-defense graph?
If the difference between the ranks is significant and corresponds to SciBet's predictions, bet on the team with highest ranks. Otherwise compare between the ranks of the teams:
- If the ranks of the teams are equal and do not change over time, and SciBet prediction for draw is highest - bet on draw.
- If the ranks are similar, compare the last changes.
- Consider home ground advantage before betting.
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