Read This To Minimise Your Losses In Sports Betting

September 24, 2019, by Jake Woodward

Minimise Your Losses In Sports Betting

Everyone loses a bet now and again, even professional bettors. But when you’re an avid punter, incurring a loss can be debilitating. A losing streak can set you back, but it happens to the best of us. But what if you're told that you don’t have to be one of those individuals anymore? That there are plenty of ways to minimize your losses in sports betting? Here are a few ways you can do just that.

How To Decrease Losses?

1. Bonuses

Almost every single sportsbook will over you some bonuses that will minimize your losses. Sign up bonuses and deposit bonuses are a popular one, and so are free bets. No deposit bonuses are also a great way to offset your losses. Bookies will give their customers some bonuses all year round, and these get even better during the holiday season – Christmas or Thanksgiving weekend, for instance. So betting around these times would be wise.

2. Sign up to multiple bookmakers

Multiple profiles with a bunch of different sportsbook will assist you in finding the best rates for a bet. In addition to that, having many profiles will also allow you to compare odds, increasing your chances of finding value. You can also make use of all the bonuses that each bookie is offering to lose as little money as possible.

3. Rebates

Rebates, or cashbacks, are a great bonus. But unfortunately, most bookies do not offer rebates. But thankfully, there are third-party services such as that give their punters rebates on all capital losses. This way, you can bet without the fear of forfeiting any money, as whatever you lose, they will pay it back to you.

4. Use strategies

Another way to minimize your losses is by using betting strategies. There are several that serve just this purpose. With arbitrage betting for instance, depending on how you go about it, you can either end up with a guaranteed profit, or in the very least, lose less money than you initially would have. You bet on all possible outcomes of a game with different bookmakers, making losing virtually impossible. The end of day betting effect is essential to consider, for example.

5. Record everything

You know how they say, “Let bygones be bygones”? If you were to live your life paying heed to this phrase, you wouldn’t be an excellent sports bettor. Bygones are very important to a game. Based on past performance, you can predict future behavior. For instance, if player A has 70% of all games against player B. It would be safe to assume that player A would be the winner in the next match. You wouldn’t have known this if it weren’t for your book of records. This is just one example. There are so many more patterns that will reveal themselves to you once you start keeping track of your record.

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