Anybody that bets in Nigeria will have their own sports betting method that they use to win money. They sometimes work, and sometimes they don’t.
But how do you know which sports betting method is the very best for you? There are many sports betting methods and this article will show you some of them.
According to your risk tolerance level, you can pick the method that works best for you.
The key to winning at sports betting in Nigeria is to employ one or more of the strategies outlined below.
These are some of the best sports betting strategies in Nigeria because you can use them whether you’re a beginner or a seasoned gambler.
You won’t win every bet you make, but if you follow these betting tips, you’ll be able to gain that coveted betting edge.
Try the following strategies if you’re just getting started:
1. Chasing steam
Chasing steam is a viable betting strategy in Nigeria that has been proven to be effective. The term “steam” refers to significant movements in the betting market.
If you notice significant movement in the odds, it is usually because serious punters, such as betting syndicates of professional gamblers in Nigeria, are betting on one side. Because their bets can amount to a large sum of money, their bets cause bookmakers in Nigeria to change their odds to pay out less.
The idea is that these high-stakes bettors in Nigeria have a good idea of what will happen. It is up to you to replicate them.
To use this strategy, you must keep track of all odds for your favorite sport or league on various websites.
When you see the odds changing dramatically on several sites in Nigeria, choose the one that has not yet changed its odds.
This allows you to follow the informed betting public while still getting a better value bet.
2. Looking for outliers
Finding outliers is a common-sense betting strategy in Nigeria.
Outliers are odds that deviate from the norm.
You simply look for the best odds for your bet to find the best value. It is best to have multiple accounts for this because it involves comparing different bookmakers in Nigeria.
Finding the best odds for your bet is a simple concept that can be expanded into a full betting strategy.
Some bettors in Nigeria have a consistent strategy of betting on outliers, regardless of the event or their knowledge of it.
The logic behind this is that the market is almost always correct.
The money tends to follow the odds.
The money is usually contributed by astute and experienced gamblers in Nigeria.
You can consistently find value bets by looking for outliers.
3. Backing heavy favorites
One of the most fundamental sports betting strategies in Nigeria is to back heavy favorites.
It essentially necessitates no real skill.
Favorites are favorites for a reason. Favorites have absurdly high odds of winning in some sports, such as tennis or boxing.
In this strategy, you will need a large bankroll to make any money from your bets, as you may only make a 5 or 10% profit on each bet.
This strategy may appear to be sound, but it is fraught with danger.
Even if the chances of losing are small, it can be difficult to recoup your losses. The margins can be so small that betting on favorites may not even be worthwhile.
Remember that bookmakers in Nigeria try to limit their losses, and because so many people bet on the favorite, the odds are frequently unrealistically low.
4. Betting based on winning streaks
Form and momentum are critical factors in determining odds.
If a team has won seven games in a row, the chances of them winning the eighth are high.
Still, every team has to lose at some point, so betting on the underdog can be a smarter bet, especially if the odds are excessively inflated.
5. Arbitrage betting
The goal of arbitrage betting (also known as sure bets or miracle bets) is to bet on both outcomes of an event to ensure a profit.
Finding bookmakers in Nigeria with opposing odds on an event is the best way to do this.
You can win regardless of the outcome if you bet on both sides.
This appears to be too good to be true, and it usually is. Because most bookmakers’ odds in Nigeria are updated regularly, it can be difficult to find arbitrage opportunities in Nigeria.
When you find one, you must act quickly.
6. Dutching
Dutching has several definitions and is sometimes used as an umbrella term for any set of bets that are guaranteed to make you money if you win at least one of them.
This includes both hedge and arbitrage betting.
The term is also used in horse racing, where you can bet on multiple horses in a race or tournament. You will make a profit if at least one of your horses wins or places.
Dutching also entails adjusting your bet size so that you win the same amount regardless of the outcome.
7. Following tipsters
Tipsters can be an excellent resource for locating profitable wagers in Nigeria.
True tipsters in Nigeria are often successful punters who are so good that they are no longer accepted by bookies or have their bets limited, allowing them to make only a small amount of money.
They usually charge a subscription fee for their tips.
Of course, be wary of phony tippers who sell bogus tips.
While they may display “proof” of large bets won, this may not be representative of their overall betting record.
8. Staking plans
A staking plan is a system that tells you how much of your bankroll you should put on each bet. There are three major staking plans, they are:
- Fibonacci
- The Labouchère
- The Martingale
The Fibonacci betting system
The Fibonacci betting system is a betting system in Nigeria with a negative progression.
The goal is to raise your stake after a loss and lower it after a win.
The idea is that if you bet more after a loss, you will be able to recoup the money you lost on previous bets.
The bet size is determined by the Fibonacci sequence (1, 1, 2, 3, 5, 8, 13, 21,…), with each bet equal to the sum of the previous two.
The Labouchère staking method
Another negative progression system is the Labouchère staking method. It is similar to the Fibonacci system but slightly more complicated.
You begin by writing down a series of numbers. The sum of the first and last numbers is always your bet.
You add a number to the sequence if you lose.
If you win, you get to take a number out of the sequence.
The Martingale staking method
The Martingale staking method is the most straightforward negative progression staking strategy.
After a loss, you simply double up.
Conclusion
There are many sports betting methods in Nigeria. You can use any of them to make a healthy profit. Go through the methods above and choose the one that best suits you.
There is no one best sports betting method. There are just some sports betting strategies that have greater odds of winning than others and those are the tips above.
Go through them and pick one that best suits your personality and risk tolerance. Then you will have a greater chance of winning.
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