How to Win a Bet Every Day
Betting can be a thrilling pursuit, and the idea of winning a bet every day is enticing.
Achieving this goal requires a strategic approach and the use of specific techniques designed to maximize your chances of daily success.
Setting a goal of trying to win a bet every day is a solid one – however it is easier said than done.
If you try and chase wins then you can end up with big losses and very much regretting it.
It is important therefore to focus on key strategies that can help you succeed.
We have a look at these strategies below – some will ensure you can win a bet every day, whilst others won’t guarantee it, but will still improve your chances.
So strap in and let’s take a look at how you can take on the bookies equipped with the best techniques to try and win bets every day!
Techniques to Help Win a Bet Every Day
Okay let’s take a look at some techniques you can use to help win a bet every day.
These include some simple and some advanced techniques, but all are based in sound betting principles.
1. Matched Betting
Matched betting is a popular technique that exploits free bet promotions offered by bookmakers. It is often considered low-risk when executed correctly.
- How It Works: You place two opposite bets on the same event—one with a bookmaker and one on a betting exchange. This ensures that you cover all possible outcomes. A full guide to how matched betting works can be found here.
- Step-by-Step:
- Sign Up for Promotions: Register with multiple bookmakers to take advantage of free bet offers.
- Place a Qualifying Bet: Bet on an outcome with the bookmaker to qualify for the free bet.
- Lay the Bet: Place a lay bet (bet against the same outcome) on a betting exchange.
- Use the Free Bet: Once you receive the free bet, repeat the process to secure a profit.
- Tools Needed: Use matched betting calculators to determine the stakes for both the back and lay bets. A matched betting package like Profit Maximiser that brings together the many offers from bookies and shows how to utilize them is highly recommended if you want to do matched betting properly.
Matched betting is probably the most effective way to win a bet every day. If done correctly, it is low risk and with the right free bet offer, can ensure a profit whatever the outcome of the event you are betting on.
You are simply extracting the value from a free bet or bonus and using an exchange to cover your liability.
We ran a live three month trial using matched betting package Profit Maximiser and made a profit of £2,469, which is a nice bit of extra income.
The bookies are eager for our business these days and are in fierce competition with each other, so there are lots of offers and bonuses to take advantage of.
It is worth bearing in mind that matched betting doesn’t work in every country though as it depends if free bets and bonuses are allowed in your jurisdiction. It works well in the UK and Ireland where free bets are allowed.
2. Arbitrage Betting
Arbitrage betting, or “arb betting,” involves placing bets on all possible outcomes of an event to guarantee a profit regardless of the result.
- How It Works: By taking advantage of differing odds offered by various bookmakers, you can cover all outcomes and lock in a profit. Check out our full guide to how arbitrage betting works here.
- Step-by-Step:
- Find Arb Opportunities: Use arbitrage betting software or manually search for opportunities where the combined odds are less than 100%.
- Calculate Stakes: Use an arbitrage calculator to determine the correct stakes for each outcome.
- Place Bets Quickly: Bet on all outcomes before the odds change.
- Key Considerations: Fast execution is crucial as odds can change quickly, and bookmakers may limit or ban accounts engaged in arbitrage.
A simple example of an arbitrage bet would be as follows:-
Alcaraz v Sinner tennis match
- Back Alcaraz for £10 at odds of 2.1 with bookmaker 1 = £11 profit if he wins
- Back Sinner for £10 at odds of 2.1 with bookmaker 2 = £11 profit if he wins
- Net profit = £1 (£11 win on one minus £10 loss on the other)
So you would secure a profit of £1 either way as both players are priced above evens at 2.1 in decimal odds.
Arbing opportunities like these do happen fairly regularly, although it is advisable to have some arbitrage software to track the bookies’ prices and identify opportunities when they arise rather than trying to find them yourself as it can be a very time-consuming process to do manually.
That way you can give yourself a good chance of finding winning bets every day.
However, the major drawback with arbitrage betting is that bookies positively hate it and have strict measures in place to identify it.
So your bookie accounts are unlikely to last long if you arbing – the bookies are likely to restrict or close your accounts pretty quickly if they suspect you are arbing.
It is a question of whether you feel that is a price worth paying or you would prefer to keep your accounts open for regular betting and not do any arbing.
3. Trading Using Betting Exchanges
Trading on betting exchanges involves backing and laying bets to secure a profit before the event concludes. This technique capitalizes on fluctuating odds.
- How It Works: Back a selection at high odds and lay it at lower odds, or vice versa, to lock in a profit regardless of the outcome. You can view our guide on how to back, lay and trade on the exchanges here.
- Step-by-Step:
- Identify Opportunities: Look for events with volatile odds.
- Place Initial Bet: Back (bet for) or lay (bet against) a selection at current odds.
- Monitor Odds Movements: Track the odds for changes. If you backed the selection, wait for the odds to drop. If you laid the selection, wait for the odds to rise.
- Place Opposite Bet: Place the opposite bet (lay if you initially backed, back if you initially laid) to secure a profit.
- Example:
- Back Bet: Place a back bet of $100 on a horse at odds of 5.0 (potential return of $500).
- Odds Drop: Odds drop to 3.0.
- Lay Bet: Place a lay bet of $166.67 at odds of 3.0. This means if the horse wins, you owe $500 but win $500 from the back bet, breaking even. If the horse loses, you win the lay bet of $166.67, securing a profit.
- Tools Needed: Trading software such as Bet Angel to automate the tracking and placing of bets can be useful, but is not essential.
If you are looking for some trading strategies you can use on the exchanges, check out our full guide here.
Trading can be a good way to win bets every day, but it is not without its own risks.
Trades can end up going against you and it is important to have a plan in place for what to do when that happens.
It is a good idea to have a “stop-loss” level at which you will exit a trade if it has gone against you, rather than suffering a full loss of your stake which can be very damaging to your bank.
Being disciplined and following a clear plan is essential for successful trading on the exchanges.
4. Value Betting
Value betting involves placing bets where the probability of an event occurring is higher than the implied probability suggested by the odds.
- How It Works: Identify bets where the bookmaker’s odds are higher than your calculated probability. A detailed guide on football value betting for example can be found here.
- Step-by-Step:
- Calculate True Odds: Assess the real probability of an event outcome.
- Compare with Bookmaker Odds: Look for discrepancies between your calculated odds and those offered by bookmakers.
- Place Value Bets: Bet when you find odds that are higher than your calculated probability.
- Tools Needed: Software to identify value bets, such as Trademate Sports is recommended for value betting. Only very skilled and seasoned professionals will regularly be able to spot value bets themselves without the aid of such software.
Value betting will not necessarily ensure that you win a bet every day, but it is one of the most powerful techniques out there and the one that most professional bettors use.
In essence it is all about identifying instances where the bookies have got the odds wrong and capitalising on such opportunities.
If you can do that more often than not then you will be well ahead of most bettors.
5. Dutching
Dutching involves spreading your stake across multiple outcomes of an event rather than just backing one selection.
- How It Works: By placing bets on multiple outcomes in the same event, you can balance your stakes to give a greater chance of finding the winner.
- Step-by-Step:
- Identify Suitable Events: Look for events with multiple possible outcomes.
- Calculate Stakes: Use a dutching calculator to determine the stakes for each outcome.
- Place Bets: Bet on all identified outcomes according to the calculated stakes.
- Example: You back three horses in a six-horse race. By covering three horses in the same race, you give yourself a greater chance of finding the winner than backing just one.
- Advantages: Dutching can be particularly effective in horse racing or other multi-outcome events.
Dutching is an approach that can be used in various ways. In some instances it can mean backing all outcomes in an event – for example by backing all horses in a race.
In that scenario you would be hoping one of the outsiders wins in order to secure a profit.
Either way though it would ensure you would have a winner.
In most cases though dutching does not involve backing all outcomes – rather a selection of outcomes that the bettor considers best covers their bases and allows for different scenarios to potentially work in their favour.
So that could be backing two or three horses in a seven horse race or 10-20 golfers in a golf tournament.
Or multiple players to win a tennis tournament, with the hope that at least two make the final, meaning a profit could be guaranteed whoever wins.
Overall dutching is a good way to “spread your bets” and give you a better chance of finding a winner than by just backing one selection in an event.
What NOT to do to win bets every day: The Martingale System
Okay we’ve had a look at some ways to try and win bets every day, but there are also some things you should NOT do.
One of those is use the Martingale system.
This is a popular betting strategy often associated with casino games like roulette.
It involves doubling your bet after each loss, with the idea that a win recovers all previous losses plus a profit equal to the original stake.
- How It Works: After a loss, you double your bet size. When you win, you return to the original bet size.
- Step-by-Step:
- Set a Base Bet: Choose an initial stake you are comfortable with.
- Double After Loss: Double your bet after every loss.
- Return to Base Bet After Win: Go back to your original stake once you win.
Whilst on the face of it the Martingale system might seem like a good way to win a bet every day, it is deeply flawed and is definitely not advised as a system to follow.
The problem with the system is that it requires a substantial bankroll and carries the risk of hitting the table or bookmaker bet limit or running out of funds during a losing streak.
Let’s say for example the maximum bet a casino allows is £10,000.
If you started off with a £10 bet and have a long run of losers on roulette, doubling your stake each time up to the £10,000 maximum, lose that bet but then can’t place a bet of £20,000 to recover your losses, all you would have done is lose a huge amount of money, just to win £10!
Or you might simply not have the funds available to place the next bet.
Either way it is a doomed strategy and one to be avoided at all costs.
Conclusion
Winning a bet every day is a challenging yet achievable goal with the right strategies and discipline.
Techniques such as matched betting, arbitrage betting, value betting, dutching, and utilizing betting exchanges can significantly enhance your chances of daily success.
It’s important to approach betting with a well-researched strategy, effective bankroll management, and a disciplined mindset to enjoy a sustainable and profitable betting experience.
Always remember to bet responsibly and within your means.
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