Today we discuss the benefits sports bettors can find by initiating their sports bets in-play, as opposed to taking the starting price odds on their preferred competitor. Both styles of betting options have merit, and both play an integral role in the sports bettor’s journey towards success and profitability. At SportChalk we want to encourage the professional sports bettor to make use of all the various sports betting strategies and methodologies available to them.
Being patient and showing discipline involves using sports betting psychology to give bettors an edge when it comes to being profitable. The more stars which are aligned in your favour, the higher your probability of success, and the more satisfied you will become with your sports betting ventures. Knowing when to bet accurately in-play can make a huge difference to your betting.
Not happy. Show me more juice and give me more sports betting value!
In-play betting means that you were not satisfied with the market price of your favourite at starting odds. Take for example a game of Rugby League.
Great Britain were paying $2.90 at home against Australia who were priced at $1.35. You are keen to back Australia for the win as you have done your homework and believe the Australians to be too strong an outfit by the time the final siren blows. However the $1.35 starting price does not appeal, as the British are likely to put in a strong first half performance and at half-time you believe the game will be very close. Half-time comes around and the score is 12-12, and Australia are now $1.65 favourites.
It is important to realise what you have done here.
1. You did your analytical research and came to the conclusion that your winning selection did not represent value at starting odds.
2. You displayed incredible betting acumen by not rushing in and taking the pre-market odds which were on offer.
3. By sitting on your hands and waiting for the in-play betting market to unfold, you have been able to extract an additional 30 cents per $1 wagered or an additional 26% possible return on your money.
4. Therefore by being a smart sports bettor, you have increased your potential winning odds from $1.35 to $1.65.
I know a lot of you are saying but what if the odds market on Australia actually narrowed at half-time, maybe into $1.15 if Australia held a 12-0 lead? Well that is all part of the game. Betting in-play means you will not always necessarily get a betting fill at the higher price you were looking to take. But it will mean that you are using a particular edge in your betting, having done the hard research side of things, and showing discipline in understanding the concept of extracting additional value from your betting propositions.
Both starting odds and in-play odds have huge merit for sports bettors to understand.
Knowing when to use one and when to use the other is what defines the fine line between success and failure. Remember your goal of being a consistently profitable long-term sports bettor means using every weapon in your arsenal, and being one step ahead of everyone else. With practice and structured commitment you will be more accustomed to fine tune a sports betting strategy which is best suited to your style of personality.
At the end of the day you must prove to yourself that you are capable and committed to the task at hand.
The following are things to consider and ask when deciding whether to wait until a game goes in-play before placing your initial sports betting proposition.
• Most importantly, can you add more value to your sports bet and ultimately to your profitability by waiting for the game to start?
• How strong is the favourite likely to perform at the beginning of the game?
• Are there any known elements of uncertainty surrounding the match-up which may add a degree of nervousness into the odds market activity?
• How strong and competitive the opponent will be, and how this may relate to the odds market as the course of the game moves forward?
• Are there any other contributing factors through your research internally or externally as to why the odds market may behave a certain way once the game is in-play?
These are important questions and scenarios which must go through your way of thinking before each and every sports bet. The more you seek to understand and address your sports betting from a number of different angles, the more you benefit yourself and your behaviour towards profitable sports betting. The professional sports bettor is on a continual path of self-discovery and learning as they seek out to be the very best they can.
The difference between using a pre-play betting strategy as opposed to an in-play betting strategy ultimately comes down to the end user, YOU, the sports bettor. Do not worry as no one is able to 100% accurately pick which method is relevant prior to the start of a game. But be aware that it is those who are able to routinely and reliably accept these loses whilst still continuing to educate and learn from their mistakes who will ultimately succeed.
Understanding the application of the two betting strategies is not a matter of wrong or right.
What is most important is the analysis behind the scenes and the practice and structure involved in your decision making process. You will not always be able to place the exact or ideal betting price, but as long as your sports betting results are able to prove that your strategy and technique is actually working for you than that is all that matters.
If you are having problems and are failing to find that special edge you are looking for in your sports betting, why not further your knowledge and learn from the experts. Further your sports betting education by taking a look through the SportChalk – Sports Betting School to see the difference it can make to your betting. The Betting School is free for all readers and is a step-by-step guide as to what is required to become a professional sports bettor.
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