The rule for selecting an event for sports betting

How to choose an event before placing a bet

When searching for a particular sporting event that promises lucrative playing conditions and no risk of loss, a player may often find several such events. In this case, a player can choose from several events that offer the best possible profit.

In this respect let us highlight some general regularities, which determine the player’s decision in favour of one or another tactic (choice of betting on events):

1) Action taken by the player: a decision to quickly implement a trade on one of the profitable positions, without performing a comparative analysis of the expected profit on several events.

Characteristics of the player: The player is psychologically weak and takes every opportunity to make a profit without bothering to comparatively analyze the probable profit that can be extracted from the simultaneously studied lossless events. Most often such a player, having found one break-even event, stops further search and proceeds to the realization of the transaction. As a rule, the reason for such behavior is fear of competitors that tend to be ahead of the game, which would at best exclude the event from the category of profitable ones and at worst force the player to level up (optimize losses).  The player has enough money at his disposal to make several trades. Such a player has no shortage of funds, he tries to cover all financial holes on profitable positions he comes across.

How to bet on a sporting event

2) Action taken by the player: Before executing a trade, the player performs a comparative analysis of the probable profit on several break-even events, in the process of which he determines the priority event with the maximum possible profit for himself.

Player’s characteristic: A player has a limited amount of funds, sufficient to make only one or two profitable trades. Such player has greater psychological stability and consciously analyzes the profit of several lossless events (except for cases when a player’s subjective evaluation of actual profit of one of the events gives him an impulse to immediately realize profit on the event) to use his funds in the most efficient way. The player does not lack funds and is psychologically stable. As a rule, such a player determines a psychological level of actual profit for himself, and profit values below such psychological level do not interest the player, i.e. he simply ignores such events.

If a player finds several unrealised lossless events, a quick estimation of the comparative value of the possible profit is of great importance, after which one can proceed with the realisation of a profitable transaction on the event with the highest possible profit.