Sports betting tools to help win on your bet

Sports betting tools

Unlike games of pure chance, sports betting benefits from access to data, statistics and form. Better informed decisions lead to better value bets. While you’re still ultimately at the mercy of a number of variables outside of your control, there are tools available that can help guide your bets towards more probable outcomes, and possibly help you win more than you lose when betting on sports.

The value of statistics

Before betting on sports, it’s recommended you review the statistics and raw numerical data around your event. You better believe the bookies are doing this - it’s part of the equation they use to calculate the starting odds for the events they quote. From the punter side, statistics give you insights that go beyond gut feeling, so you can understand why you’re betting on a particular outcome rather than relying on emotion.

Consider the example of betting on football. If a side has won 7 consecutive games prior to the match you’re betting on, or has been scoring a lot of goals, that might be worth factoring in to your decisions when you’re choosing how to bet.

Or it might be the case of a golfer who has missed the cut at the last 3 times of asking. Perhaps there’s a good chance he’ll miss it again in the next major. It’s ultimately still up to you to make the call, but looking at these kinds of statistics and data points before you bet is one of the easiest and most effective tools available for making better betting decisions.

The more information you have at your disposal to inform your bets, the more likely you’ll be to make good bets. That doesn’t mean your bets will always win - upsets happen, and the unexpected is part of the thrill of betting on sports. But if you’re playing a sensible strategy by betting on data and statistics, you’re more likely to spot opportunities for better value when choosing how and when to bet.

Comparing the odds

Odds comparison tools are another major advantage - but only if you use them for shopping around. At Sportytrader, we offer a comparison tool that allows you to scan a wide variety of bets for comparative odds between different bookmakers.

While virtually all bookies will reflect the same direction of the odds, the spreads between them can leave opportunities for maximising the value on your bets. Take the following example, of a bet on Arsenal vs Tottenham, with Arsenal favourites to win.

Bookie 1 has Arsenal at 1.45
Bookie 2 has Arsenal at 1.33
Bookie 3 has Arsenal at 1.35
Bookie 4 has Arsenal at 1.4

In the above case, shopping around makes a real difference. If you’re planning to bet on Arsenal for the win, comparing odds allows you to get potentially as much as 0.08x greater a return on your bet - the same bet, with the same risk as you’d face betting on any other platform.

Just by choosing Bookie 1 from the above, you’ve given yourself a better shot at an overall profit across your sports betting - simply by shopping around, thanks to our odds comparison tool. Don’t fall into the trap of just sticking with the same bookie come what may - comparing odds between providers is an excellent way of maximising your possible returns.

Tools like the Sportytrader odds comparison tool can be an essential aid to your betting performance, allowing you to maximise the wins when they do come, simply by choosing the bookmakers that offer the best odds for the bet you want to take.

Cashouts and Surebets

Cashouts allow you to settle bets early, for a guaranteed take-home now. Even before the results are known, bookies will make offers for cash settlement of their open positions, as a way to mitigate their own risks. If you stand to win £100, the bookie may well offer £75 for early settlement - that’s money you can take as a guaranteed win now, even if the result ultimately goes against you.

Cashouts as a tool can be used to good effect in allowing you to settle out risk, as well as being a cornerstone of a wider betting strategy. Accumulators are a particular favourite tool here to be used in conjunction with cash out - once a couple of results come in, the liabilities on a large accumulator can lead to decent cash out offers for early settlement, which can help you bank more money from your bet, even if you had no intention of going the distance.

Surebets are a function of varying odds between different bookies on the same event. While these opportunities don’t always present too often or for too long, they do exist - and effectively guarantee a profit regardless of the outcome of the bet.

Also known as arbitrage bets, these are bets that allow you to take both sides of a fixture across two separate bookies, and guarantee a win whichever of your bets ultimately loses. While this involves some degree of calculation, there are tools available that can help you determine whether a bet is a sure thing, or whether there is risk involved.

Note that for surebets, you may have to bet relatively large amounts to guarantee a small return. But when the strategy is executed well, it’s risk-free money returned on your bet from one side or the other, whatever the outcome.

Both sure bets and cashouts are useful tools to have in your arsenal - mechanisms you can use for giving yourself a better chance of winning on your sports bets.

At the end of the day, betting on sports is still a gamble, and always will be. However, there are tools there that can help you to increase your chances of winning on your bets. From statistics and data through to odds comparisons and even particular bet types, it’s worth using everything in your power to increase your edge when betting on sports.

Sports betting tools to help win on your bet

The value of statistics

Comparing the odds

Cashouts and Surebets

More about Online Betting