Money Management Strategies In The Soccer Betting
Experts and media provide betting tips, and publish latest news about the teams and their players. But when you put your huge bet on your beloved one, then this is the time to remember the god. If you want to cut your betting losses then there is only one strategy i.e. money management strategy. This article focusing the strategies of betting money management.
Nowadays, common betting money management strategies are: Row of numbers, Kelly criterion and Martingale. Martingale and Row of numbers doesnt require any prior information but Kelly criterion require punter to check the probability of win.
What are Martingale, Row of numbers and Kelly criterion?
Kelly criterion is proven one of the best strategy for the long run. However, it requires knowing the probability of win. The stacks are measured in ratio of the size of your money and according to the relation among the probability of win and the betting odds.
Nowadays, Martingale strategy is popular and promise positive profits, but it require rigorous money investment. Martingale strategy means doubling up the stack after a loss and returning back to the first stack after a win.
Row of numbers is a dangerous strategy. This strategy means setting up series of constant profits. According to the given betting odds, punter measure each stake in such a way that it can make a planned profit. In case the wager loses, he/she should raise stack in such a way that the profit will return both, the money
To evaluate each strategy performance, we undergone the betting odds preferably set by the bookmakers for the European Leagues. Bookmakers places stake on a team with minimal betting odds. With the help of it, one can easily calculate the probability of a win with following formula:
Probability of a win=Average number of (home, draw, away)/Total number of games in a season
Author is an executive in soccertips365. He has been giving predictions on soccer betting for the last 25 years. For more information, please visit the following given address: