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Choosing the Most Profitable Betting Strategy in 2020

Published on: 18 May 2020

Success in sports betting online depends on much more than pure luck. A betting novice might get away with a couple of lucky wagers at the beginning of their sports betting journey but a seasoned punter and a veteran betting pro will be well-aware that creating a betting strategy is crucial to having long-term success.

In this article, we will be taking a look at some simple betting strategies and systems that aim to help football punters and people who like to bet on sports in general.

Online punters from Ghana and across the African continent often ask us a simple question.

What is the best betting strategy?

It’s a question as old as betting itself. There isn’t a universally true answer to it as well. And in 2020, when world football and global sports scene suffered a major hit due to the novel Coronavirus, finding an answer to this question has become even more difficult.

While there might not be a simple way to answer the big question, punters have managed to work out several systems to help manage their money and use odds from bookmakers to gain an advantage that otherwise might not work in their favour.

Knowledge is key.

Just like in real life, knowledge is of crucial importance in sports betting. We’ve seen a lot of novice punters wager carelessly on a football match based on a gut instinct or a feeling but an experienced bettor will know better.

One of the most important strategies in online betting is to always bet on what you know. Learn about the sport you want to bet on and narrow the path of knowledge. Choose a competition, choose the clubs and learn all about them. Dig up the stats, follow the team news, analyse their current forms. Only when you’ve got all the details right will it be safe to make a wager.

Knowing where to bet is as equally as knowing what to bet on. A self-respecting punter will analyse the market and find the best online bookmaker to place their bets on. And obviously, you will be smart to look for the best betting companies in Ghana and analyse their offering to the tiniest of details.

When it comes to bookmakers in Africa, punters are advised to look for available sports. The biggest online betting operators will offer a great number of football competitions but will also top up their offering with plenty of other sports.

Moreover, you will be well-advised to shop for odds. Take a virtual stroll through the betting market and find only the highest betting odds. If you allow us to give you an inside tip, take a look at Betway Ghana if you want to see what a respectable bookmaker online should look like.

Once all of these important boxes have been ticked, we come down to money management.

Most betting strategies focus on how you manage your bankroll and how much you spend per bet. Responsible gambling is the first thing you should think of when starting your online betting journey. Therefore, setting a clear limit on how much you will be spending daily, weekly and monthly on sports betting is imperative.

Once a betting budget has been determined, several betting systems can help you control the wagering procedure and maximise the returns. The three basic betting strategies are:

  • Martingale Strategy
  • Fibonacci Strategy
  • D’Alembert Strategy

 

All of these strategies require an article on their own. However, we will provide a slight glimpse of what is it that these three betting systems have to offer.

The Martingale betting system will have you double the bet after every loss so that the first win in a sequence will recover all previous losses and give you a profit equal to the original bet. The Fibonacci system follows a well-know sequence (1, 1, 2, 3, 5, 8, 13, 21, 34 etc.)

Similar to Martingale, the d’Alembert system involves a negative progression where you raise you bet by one unit when you lose instead of doubling it. It’s often considered to be one of the safest gambling systems around but it’s fair to say all three betting strategies require great knowledge and betting discipline.

Therefore, they are not for everyone.

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