Beginners in betting that, after moving to Cyprus, decided to earn some extra money, are usually interested in ways to earn more, although they need to think first about how not to lose a lot of money. The main rule in betting is not to consider it as a source of constant income. To play, you need to allocate such an amount of money that does not hit the family budget, and bets should be taken solely as entertainment. On sports betting, you can both make money and go broke. And one of the main points on the start of the betting game is the choice of a reliable bookmaker. They offer players a large selection of bet on sport Cyprus, convenient and reliable payment systems, bonuses and promotions, as well as access to the site in native language. One example of a great bookmaker for bettors in Cyprus is Parimatch.
In most cases, in the end, the advantage remains with the bookmaker, but every tenth better manages to win more often and more than lose. In addition to capers, the bookmakers themselves make money on bets, prudently laying a margin in each coefficient to stay always in the black.
How to bet successfully and lose a little
Before making bets, you need to figure out how to minimize the risks of losses so you don’t have to regret that kind of hobby. For this you need:
- study the rules by which bookmakers work, their offers. For example, bonuses;
- play only with those bookmakers, that fairly gives winnings to customers;
- learn to keep yourself in check, stop when there is a series of unsuccessful or successful bets;
- form a game bank, divide it into parts, withdraw the amount of one bet – with frequent play it should be small, with rare play it can be increased;
- understand the discipline on which bets are made!
The main condition for everyone who wants to know how to start making money on bets is a clear systematization.
What strategies can you bet on?
One of the most popular low-risk strategies is a flat. Here bettor bets only for a certain amount. If you figure out how to make money on bets using the Kelly criterion, then the amount of each bet will be changed taking into account the amount of the last win. The fixed percentage tactic will suit conservatives.
Even the most effective strategy will not help someone who does not know how to operate with a bankroll and is not ready to spend time on pre-match analysis. It is not necessary to analyze the entire standings. But those who you want to bet on, you need to know thoroughly.
How to make money on bets in theory, you can figure out pretty quickly, but in practice, optimistic prospects are not at all cloudless. Professional betting is not the easiest way to make money. Therefore, it is better to start with single bets, choosing a specific sport, for example, football. And only gradually, having success in betting, begin to increase the number of events and sports. In betting, you can win a certain amount for a long time, but losing it can be as simple as possible.