Understanding your personality, and how it influences the betting decisions that you make, can give you insight into yourself and help you manage your punts better. And who doesn’t want that? Check out the categories below and see which of them you fall into.
Entertainment is the Point
If you’re a punter who enjoys the process of researching teams, athletes and other data, and doing various mathematical calculations such as determining probability, you fall into the category of Entertainment Seeker.
You’re not really in it for the money; you’re in it for the appreciation of the sport and the enjoyment you get from analysing data and predicting results. This is a pretty healthy boat to be in, because you treat any money that you win as a pleasant side-effect, rather than the particular point of punting.
The most important pieces of advice for this type of bettor are not to stay faithful to a specific bookmaker just because they are familiar with them; this could mean missing out on the best odds for an event. Watch how long you spend on your wagers too; since it’s essentially a recreational activity for you, it can be easy to let it start taking up too much of your time.
Having the Right Idea, With Poor Execution
You might be someone who sees the point of doing research before placing any bets, but may then fail to do it properly. Right idea, poor execution. For example, you might use average scores for Soccer teams to punt on Totals results. You should be doing this, but don’t use that information to decide on your own Totals predictions.
Remember, bookies have invested plenty of time and resources into coming up with the best odds. You should look around for the most attractive deals and take into account the vigorish that they need to attach, but don’t try to reinvent the wheel. Do your homework, and apply what you know to the odds that are set by your favourite sportsbook.
Following the Market
A Market Follower is basically the opposite to the Poor Executer mentioned about. These savvy individuals understand that pacing bets at Aussie sports betting sites is just as much, if not more, about following markets as it is about understanding the physical discipline.
Betting operators invest considerably in determining how well competitors are going to do, factoring everything from basic fitness to recent injury reports. Market Followers start from the basic premise that bookmakers produce realistic lines, and then work back from there. Once you know the lines set by a bookie that you trust, you can use those numbers to shop around and find value bets at other establishments.
A Balanced Approach
As with so many things in life, balance is best when it comes to punting. Have fun like the Entertainment Seeker, and manage your behaviour. Do as much research as possible, but don’t forget to consider the odds that have been set rather than deciding on your own. This way you’ll gain valuable insights, as long as you take the time and patience needed to see them.