how to make money from cricket bettingA Simple Guide To Making Money From Sports Betting
Tax Free ?
Simple To Learn ?
Low Risk ?
Sports betting can be a great way to make money. The first strategies we will look at are the simplest, lowest risk methods.
Which make money long term!
Make Money From Sports Betting
What Methods Should I Use?
First off let’s take a look at matched betting!
Matched betting is great and personally it has made a huge difference in my life.
I used profits from matched betting to pay for the deposit on my first house. To pay for holidays, gifts for my family, It gave me a reliable source of income that I never expected.
Matched betting is the ideal starting point if your looking to make money from sports betting.
Matched betting involves using bookmaker free bet offers, combined with betting exchanges. This methods allows you to guarantee that a profit is made no matter the outcome of a sporting event.
We can do this by covering all outcomes of an event.
The easiest way to explain this is with an example.
Lets take an offer I received from Pokerstars as an example.
The sign up offer is bet ￡50 at odds over 1.5 and get ￡20 free.
I open my Pokerstars account and look to make a bet of ￡50.
For this initial bet I am looking to find a close odds match between Pokerstars and the betting exchange that I use Matchbook.
I find a close match in odds. In a game between Wolves and Norwich City.
The odds of Wolves to win with Pokerstars are 1.62, this is above 1.5 so it qualifies for this offer.
I place a bet of ￡50 to return ￡80.77 ,?which should Wolves win pays out winnings of ￡30.77.
Then I go over to Matchbook to place a lay bet.
A lay bet is when you effectively take on the role of a bookmaker.
With this lay bet I am saying that should Wolves win I will pay out ￡32.03 however should Wolves fail to win then a profit of ￡49 would be made.
Lay bets are options only available with a betting exchange.
If you don’t have a betting exchange account.
My recommendation is Matchbook.
Lets look at the three possible outcomes of the game.
1. Wolves win – ￡30.77 is won with Betstars, ￡32.03 is lost with Matchbook
A total loss of -￡1.26 is made.
2/3 Wolves draw or lose – ￡50.00 is lost with Betstars, ￡49.00 is won from Matchbook
A total loss of -￡1.00 is made
The ￡20 free bet will be credited from Betstars no matter the outcome of the game.
The Wolves vs Norwich match ended up being a draw.
￡49.00 was won in Matchbook and ￡50.00 was lost in Betstars.
The ￡20 free bet was credited straight after the game.
Now we go through the same process as before and look for a close odds match between Betstars and Matchbook.
However due to this being a free bet I look at higher odds in order to make as much profit as possible from the free bet.
I find a close odds match between Betstars and Matchbook at high odds.
Atletico Madrid were taking on FC Copenhagen in the Europa League that night.
FC Copenhagen were priced 16.00 with Betstars and 17.00 with Matchbook.
So I placed my free bet by backing FC Copenhagen for ￡20 to win ￡300.
I placed my lay bet on Matchbook risking ￡280 to win ￡17.50
Lets look at the three possible outcomes for this game.
FC Kopenhagen win – ￡300 is won with Betstars, ￡280 is lost on Matchbook.
A total of ￡20 profit is made.
Atletico Madrid win or the match is a draw – ￡17.50 is won on Matchbook, ￡0.00 is lost on Betstars as it was a free bet.
A total profit of ￡17.50 is made.
Taking into account the initial ￡1.00 lost on the qualifying bet with Wolves and Norwich.
You can see I am guaranteed to make either ￡16.50 or ￡19.00 from this process.
There are lots of these sign up offers where you can follow the same process.
New bookmakers appear quite frequently.
A quick google search for bookmaker sign up offers will bring up hundreds of results.
However my advice would be to join a matched betting service such as Oddsmonkey. They take out all the hard work and give you step by step instructions for each offer.
This will save you so much time in the long run and also should stop you making any errors which could cost you.
Oddsmonkey (read the review) is a company that has long been providing matched betting and arbitrage software for other companies.
They now however have their own dedicated service.
Offering an extremely in depth and content rich service that also offers arbitrage and value betting software.
It gives you all the tools that you need to succeed in matched betting.
It is possible to make a lot of money matched betting.
In my own personal experience I have been able to make over ￡10,000 a year.
If you utilize everything that is available to you then I believe this is achievable for most people.
There are other individuals I know that are making much more and are able to make this a full time income.
Even if you don’t want to invest much time you should still be able to clear ￡1000 total profit doing the easiest offers.
We have taken a good look at making money from sports betting through matched betting.
Now lets take a look at another method which will enable you to make more long term profits.
Want To Start Making Money With Matched Betting Now!
An arbitrage bet is when you can cover all outcomes of an event and guarantee yourself a profit.
Personally I like to use arbitrage betting with bookmakers that either.
1. Don’t offer regular bonuses.
2.? Have banned me from bonus offers but will still allow me to bet.
To show an example, my Paddypower account is limited.
This means that I am not able to receive promotions.
Paddypower though are a good bookmaker for arbitrage and I am still able to place bets with my account.
In order to find arbitrage bets you really need to use software.
For this example I will use the Oddsmatcher software that comes with?Oddsmonkey.
I find a good arbitrage bet with Paddypower and the betting exchange Smarkets.
(Which allows lay bets and functions like Matchbook)
Hibernian vs Celtic is showing as a 7.82% arbitrage bet.
I log in to my Paddypower account and back Hibernian at odds of 9.0. Risking ￡40 to win ￡320.
The next step is to go over to my Smarkets account and place a lay bet with the aim to win back the ￡40 I risked on Paddypower.
This works out at a potential loss of ￡287.87.
Ultimately this means risking only ￡0.80 (Smarkets charge 2% commission on my lay bet).
In order to win ￡32.13 (￡320 – ￡287.87.)
Now this is my personal preference as I like to put my profits on to one outcome. Ultimately I find this method much quicker and often the value side of the bet is with the soft bookmaker.
However you could average the profit out across all outcomes. So that you would make money no matter the the final outcome.
Using the Oddsmonkey calculator you can see that the profit would be ￡3.13 across all outcomes with a ￡40 stake.
You might be thinking wow this is awesome. Free money for the rest of my life!
Unfortunately bookmakers will eventually limit your account to pennies if you are arbing. Even in some cases close your account.
However sometimes this can take years. Given that bookmakers only want losing players then it makes sense to hammer them for as much profit as possible. Before those limitations come.
Interested in learning more about arbitrage betting?
Read the ultimate guide to sports betting arbitrage.
If you want to make low risk profits from the world of sports betting. Matched betting is a great way to start and arbitrage is an excellent method to keep the profits coming.
These are two simple low risk methods that will allow you to potentially make tens of thousands of pounds profit from the sports betting markets.
Click Below To Get A Free Trial With Oddsmonkey.
how to make money from cricket bettingA Simple Guide To Making Money From Sports Betting
Church Of Betting arbitrage guide.
how to make money from cricket bettingHow To Make Money From Cricket Betting
You don’t always have to be able to predict who is going to win a Test match to win money from betting on cricket.
Betting on – or trading – Test cricket can be very profitable just from being able to predict what isn’t going to happen, as opposed to knowing what is going to happen, or who is going to win.
Sometimes it is obvious that a team isn’t going to be in a position to win a Test match, so in this instance (depending on the odds) I would/could place a lay bet against that team (I generally use this method when I’m?trading cricket on Betfair).
Depending on the odds involved, I might be looking to place my lay bet and just leave it to run until the Test match concludes, or the other option is to place my lay bet with a view to trading it during the Test match.
For example, if team A is 2/1 to lay and I can only see that teams odds drifting, I would lay them. If their odds drifted, I could then back them at 3/1 or 4/1 to cover my potential loss on team A (in case they turned the Test match around and produced a comeback).
That way if team A does come back and win the Test match, I won’t lose. If team A don’t win as I expect, I pick up my winnings.
Another way of making money from Test match betting is to trade small price movements. For example, in the recent 2nd Test between South Africa and Pakistan, the South Africa price was hovering around the 1.33 to 1.38 mark for a spell of time.
Pakistan were batting and the market was looking to push out the South Africa price, but every time the South African price slightly drifted, an unplayable delivery flashed past a Pakistani edge, and the South African price came in again as the market expected a wicket to fall.
As a result of this, I just kept backing and laying. All I did was to keep backing South Africa at 1.38 for ￡125.00, then once my bet got matched I would place a lay bet of SA up at 1.35 for the same amount (￡125.00), and after a couple of balls it would get matched. After a few trades I was about ￡15.00 green on South Africa (the Betfair term for winning money).
I then put some of that money on Pakistan and the Draw – just to be ultra safe – and ended up with a guaranteed win of over ￡12.00 on every outcome. An easy trade all done in about 15 minutes.
These are just a couple of examples of how money can be made from Test match betting. Like with all betting in general, if you are looking to try your hand at it, start off with ￡5.00 or ￡10.00 and just play around with it to try how to make money from cricket bettingA Simple Guide To Making Money From Sports Betting and get a feel for things first.
To open a Betfair account and claim a ￡25.00 free bet, please click here….
how to make money from cricket bettingMake money with cricket betting – Fun88
Making money with cricket betting has become one of the most popular topics in recent years, especially at fun88 india. Being able to bet from home or with a cell phone is something that attracts the attention of many people.
The promise of quick money, easy money or safe money is gaining ground. Especially among young people. But how much money do you need to bet? How much money can you earn from betting at Fun88 India or any other bookie?
Making money from cricket betting is not easy. Nor is it fast. But who said it was impossible? The bank does not always win, and proof of this are several bettors worldwide. Many of these bettors call themselves sports investors.
For them, betting is not a casino. It is not an all-or-nothing game. For these investors, the bookmaker does not always play with an advantage at fun88. Many of them not only bet but also share their forecasts. Of course, they charge money for it. Just like a financial advisor, they charge for entering what are known as premium forecasts.
Such is the phenomenon of tipsters that there is a gigantic offer of services of this type. It seems that there are still a few who offer quality services. They promise fast and secure returns. Therefore, they manage to receive payments in advance to offer their strategy. Then, they lose the money and disappear from the map. Most likely, they will later appear under another pseudonym.
That is why, before hiring anyone's services, check that the results are verified. Everyone, without exception, whether they are better or worse, will tell you that they have the recipe on how to make money betting.
Of course, you can make money. Just as you can make money in the stock market by trading, you can make money by betting. Of course, the fact that anyone can bet from 10 dollars makes you believe that it is easy. To make money with cricket betting, it is necessary to master some aspects that we mention below:
? Analysis of a sport: It is advisable to know a lot about a sport. It is not enough to know that a soccer match lasts 90 minutes or that the winner of a league match scores three points in the standings. You need much more than that. Knowing the teams, the important players, the form, or the historical rivalry between two teams are some important topics. Of course, there are many more aspects. Whether it's being a connoisseur or conducting statistical research, it is essential to know a lot about a sporting discipline.
? Risk management: Just as risk management is necessary in finance, it is also necessary in cricket betting. Setting a maximum amount to bet, as well as risking a certain percentage for each bet is of utmost importance to be profitable. It is impossible to make money in cricket betting if we gamble a large part of our capital on each bet.
? Psychology of betting at Fun88: Everything that involves managing money involves managing emotions. In trading, one of the most studied aspects is the psychology of trading. However, in cricket betting it is not usually considered. Even though, most bettors lose their money because they do not know how to manage their emotions. They lose and automatically want to win it back. When they win money, they want to win more. In the end, they end up losing all their money.
? Betting system at Fun88: The three previous points come together to create what is called a betting system. A betting system is a set of rules that tells us what sport we bet on, when we bet on it, how much money we bet, and why we bet on some games and not on others.
The web of cricket betting is very complex. It takes years to master and profit from it. In the stock market, stock prices are set by the law of supply and demand. In betting, however, although this influences the betting prices (odds) are set by the bookmakers.
They are usually based on the statistics they have on the occurrence of an event. For example, if a tennis player is ranked first and another is ranked 56th, it is logical to think that the former will be paid at a lower odd.
Making clear that it is impossible to cover everything related to cricket betting, we will try to summarize the most important tips indicated by the best tipsters. It is not enough, far from it, to make money with cricket betting, but it will help to make it more difficult to lose our capital. Here are some of the tips to make money:
? Betting at low odds: You can bet on any sporting event. However, remember that the more the bookmaker pays per dollar bet, the less likely it is that an event will occur. To calculate the probability of an event we must divide one by the fixed odds. It is also possible to combine the occurrence of several events, however this reduces our probability. The best tipsters in the world say that betting above odds 2 (50% probability) is not recommended.
? Set a maximum amount per bet: World famous tipsters usually indicate that the ideal amount to bet on each event is 1% or 2% per bet. So, if we have 100 dollars to bet, we should bet a maximum of 2 dollars. This is the only way to withstand negative streaks.
? An acceptable amount of money is necessary: If we do it for fun, we can bet any amount. However, if our idea is to earn extra money every month, it is necessary to have an acceptable amount to bet. If we want to do things right, making bets of 1 or 2 dollars will hardly bring us any profit. It is also advisable that the money we use to bet is money that we do not need for our life.
In short, and as a summary, it is possible to earn money betting at Fun88 or any other bookie. Another very different thing is that it is easy or that it is possible with little money. In fact, most studies place the number of bettors who make money at the end of the year at no more than 10%. Some studies even put this figure at 3%. In other words, between 90 and 97% lose money betting.
In economics there is a phrase that dictates that there is no profitability without risk. We must consider that almost always the bookmaker has more information than we do. The odds they set per game are not set at random. However, whatever our case may be, if we decide to bet on sporting events, it is preferable to do it with little money and with money that we do not need.
Since the arrival of new technologies, many things have changed in people's lives. One of them has to do with the forms of entertainment, and the different activities that can be carried out. With cell phones and Internet connections, the online format began to have more prominence, catching the attention of many new users at Fun88, one of the best Indian bookies.
The main feature of online activities is the convenience for users. The decision of how to carry them out -place and time- is in their hands, instead of being tied to comply with predetermined schedules plus mobility to a physical space. Therefore, convenience has a new value.
Some activities had to be updated to the new uses and customs, while others appeared as the number of users increased. The latter includes online sports betting, one of the most popular today at Fun88.
With the growth of the market, many sports betting sites have appeared. Players have a wide range of possibilities to choose from, but if they want the best quality and service, they should access Fun88. Fun88 is one of the most prestigious and complete platforms, both in terms of variety of sports and betting. At online bookies like Fun88 and others, you can make different kinds of bets such as:
? Single bets: These are the easiest and most common at Fun88 and other bookies.
? Combined bets: It is a more how to make money from cricket bettingA Simple Guide To Making Money From Sports Betting complex option, with different bets that form a single combo, and must be fulfilled in its entirety to be a winner.
? Handicap bets: This type of bet is used to level matches in which there is a big difference between the teams.
? Double chance bets: This option allows you to choose two of the three possible outcomes of a match.
? Live betting: This option allows bets to be placed in real time, while the match is being played live. The odds are modified in the same way. Fun88 has a nice live betting platform you will enjoy. So, visit Fun88 and start betting for the best.
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how to make money from cricket bettingMaking Money with IPL Betting – The Best Ways to Profit from Sports Betting
How can you earn money on the IPL? Are there any ways to make money other than betting on the IPL? Read on to find out how to profit from cricket betting and make money with the Affiliate Program PMaffiliates – the affiliate program from a direct betting operator Parimatch.
Making money on Indian Cricket League – features of IPL betting
Every year, sports betting fans and cricket aficionados alike look forward to the start of the new season of the Indian Cricket League, also known as the Twenty20 as it has 20 teams competing for the league title for 7 weeks from March till May. Though cricket is a game with strong English roots and is mostly enjoyed by the English-speaking populace of the world, there are plenty of cricket fans from various countries who want to watch the spectacular matches and even make money in the IPL.
Right now, the Indian Cricket League is in full swing and statistics show that interest in this league has even increased as compared to previous years. So, we are here to tell you about some of the features of IPL, betting on cricket matches, and also some other ways of making money from IPL that will excite everyone.
How does the IPL work?
Founded in 2008 and featuring strong teams from major Indian cities, IPL is a cricket league based on a group tournament and knockout format. Within just a few years of its existence, IPL has grown into the most popular and entertaining form of cricket in India. Since cricket attracts the most television viewers, most of the Twenty20 matches are played in the dark so that they can be seen by as many fans as possible. Initially, IPL used a ‘home and away’ match format. However, after the inclusion of 10 extra teams, the league was divided into groups of 5 teams so that now the matches between some teams are limited to one encounter only.
According to the present format, the 4 best teams make the playoffs. However, in order to maximize TV and betting revenue, one of the losing teams also gets a chance of making the playoffs, where teams play a series of elimination games. Notably, as the IPL evolved, major investments began to be attracted. This is how IPL got the best cricketers receiving huge salaries for their sporting achievements. Notably, the format used by Twenty20 caught on well and was later used in cricket leagues in New Zealand and Australia. As a result, there are plenty of betting options on all the matches played in the IPL, and the major bookies have not left the IPL unattended.
IPL betting markets
Though cricket may be inferior to some contact sports like American Football, European Soccer, or Ice Hockey, IPL draws crowds as every team of 20 includes international star cricketers. Just turn on any IPL match to see how thrilling and entertaining it is. However, cricket is impressive not only for its huge fan base but also for how well it is covered by the bookies. By betting on cricket, you will be even more immersed in the game and have an unforgettable experience. So, let’s find out what betting markets are available at the major sportsbooks:
Ultimate IPL Winner – This stake is available every day and is a bet on the winner of a particular match being played on a particular day. To predict the winner, you need to take a close look at the competing teams, review past performance statistics and find out the current form of the performers.
Top Bowler IPL – A bowler in cricket is an athlete who performs roughly the same functions as a pitcher in baseball. It is not difficult to guess that it is a bet on the player who will prove to be the best bowler.
Top Team Batsman – In fact, it is a bet on the top scorer, i.e. the athlete with the best striking skills. In the IPL, the top scorer is also awarded the Orange Cap. By immersing yourself in the IPL, you will be able to predict the top scorers with a fairly high degree of accuracy.
From player performance to the winner of total wickets, total runs, and total ducks, there are many other more specialized markets worthy of consideration by cricket enthusiasts who understand the sport well. Additionally, thanks to the advancements in internet technology, many bookmakers offer extensive live betting facilities. By choosing live betting, you can actually bet during the match. With a cricket match lasting 3 hours and 30 minutes, you’ll have enough time to find a bet that will get you the results you want.
IPL betting tips
The main difference between sports betting and gambling is that with proper training and with an understanding of the case, you can greatly reduce the element of the randomness of game results. So, by analyzing matches and teams as well as understanding the different types of bets and how they work, you can build your winning IPL betting strategy to make consistent profits. If you are new to IPL betting, it is a good idea to read the tips listed below:
– Know your betting odds. Keep in mind that the numbers representing the odds will affect your winning chances and profits. For instance, if you bet ￡100 on Team A to win at odds of 1.55, you could win ￡155. However, keep in mind that the higher the odds, the less likely it is that the prediction will turn out to be correct. Also, odds for the same events and matches may differ from bookie to bookie.
– Research the Twenty20 teams. Do your research, focusing on each team’s strengths and weaknesses, and also look at their performance statistics. There are many websites on the internet that publish detailed statistics for both teams and individual players.
– Learn about the players and their experience. Among the plethora of performers, there are a few who stand out from the crowd as they perform more impactful actions throughout the match. For instance, Sam Karran, Prabhsimran Singh, and Josh Butler are the most prominent players in the IPL. By betting on top players, you will increase your chances of winning. However, you should not underestimate young players as IPL is also a great place where young talents are nurtured.
– Diversify your betting portfolio. While outcome betting is the easiest and most straightforward, don’t neglect the more specific betting markets, especially if you have a thorough understanding of cricket and how the IPL works.
– Benefit from Live Betting. Also known as in-play betting, Live Betting allows you to place instant bets during a match and thereby provide yourself with a more exhilarating experience with higher potential profits. Since cricket matches can come with many unexpected twists and turns and the odds change as the game progresses, with the ability to make quick decisions, you can achieve meaningful results.
Prudent bankroll management is our bonus tip. Since the most important thing is not to lose more than you can afford, sensible bankroll management should be at the core of any betting strategy you have. So, limit your bankroll to avoid spending too much of your hard-earned money.
Making money on the IPL with the affiliate program
Although betting on the IPL can be a very exciting and quite lucrative pastime, there is an alternative option that you can choose to earn regardless of the outcome of any sporting event. Thus, any betting platform makes a profit in the form of a margin embedded in the way the odds for particular events are calculated. It follows that the larger the userbase the bookmaker has, the higher the profits. Affiliate marketing has proven to be the most effective way of increasing brand awareness and attracting interested users.
Among the many affiliate programs, PMaffiliates stands out because of the many benefits it offers. For instance, PMaffiliates has a lot of promising offers, provides affiliates with free marketing materials and apps, and makes timely payouts using various payment models. PMaffiliates is currently running a lucrative promotion with terms and conditions that you can check out below.
Promo Terms Revenue Share Affiliates:
Constant 50% RS for all new affiliates who join PMaffiliates and were active during the period of IPL March 26 – May 29.
50% RS will be fixed for top performers.
Promo Terms for CPA Affiliates:
Join PMaffiliates during IPL and get x2 commission from March 26 – May 29.
General T&C:
If there will be even 10% of fraud among all traffic, your participation will be automatically canceled.
Multiaccs – ban.
No schemes, incentives.
Promo terms for current affiliates can be discussed with your affiliate manager and will depend on your current volumes and performance.
Top performers will get improved commission after the end of IPL. Promo offer is relevant for new partners.
After registering, please contact the support team or affiliate manager.
You can find out all promo details here. Join PMaffiliates program right away.
Conclusion
So, if you are interested in sports betting, the IPL with its top teams, first-class performers, and exciting matches how to make money from cricket bettingA Simple Guide To Making Money From Sports Betting taking place every year from March to May, might be your best choice. However, apart from classic sports betting, you have the additional money-making option – an affiliate program where you’ll make a profit no matter what the result of any particular match is.