Sports betting Malaysia has been out there for a while now. And if you are a sports enthusiast who wants to win money by making sports bets then Maxim88 has you covered. Though you will find a variety of different online casinos, most of them don’t have the option to make bets relevant to sports.
Malaysia online casino which offer such types of betting options, don’t have many options to select from. If you are someone who always had a thing for sports betting but never had the chance to give it a shot then Maxim88 Malaysia can be an excellent place to start.
You will find a variety of different sports to bet on and it’s all safe and legit at the online casino. But the only problem with sports betting is that most people are unaware of the different strategies which can be used to win bets.
So if you are someone who’s struggling with sports bets then you are reading the right article. Here we will be discussing some of the best strategies you need to implement while betting on sports. However, do bear in mind that all of these strategies would be mastered when you have practiced enough. So without further ado, let’s get straight into the prime discussion!
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The Martingale Strategy
When talking about sports betting strategies, one of the riskiest betting strategies available for players out there has to be the Martingale Strategy. The Martingale has been out there for quite some time now but players, especially the ones who play for money, fear to use it as it is as risky as it gets.
The concept of this betting strategy is extremely simple, all you have to do is wager double every time you lose a bet. This way, whenever you win a bet, you win it all back in one go. For example, if you are betting MYR 30 on a game and you end up losing those MYR 30. According to the Martingale Strategy, you need to double your amount of betting and go for MYR 60 in your next bet to win it all back.
With this strategy, you will recover from all of your losses and come to a break-even point. However, this is one of those strategies that you shouldn’t be using unless you are super confident in the teams and players whom you are planning to bet on.
Another downside of this strategy is that every time you lose a bet, the amount lost increases exponentially and you end up losing all of your money more quickly than you would have planned. So ensure that you are well aware of the risk which you would be taking before you go with Martingale.
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Fixed Amount Betting
If you feel like Martingale is a little too risky for you to go all in then fixed amount betting can be a little better for you. Fixed-amount betting is more stable and can get the job done for players who want to have a consistent time at the online casino while making sports wagers.
The fixed amount betting is easier to comprehend in terms of the bankroll management system and it’s also easy to follow, compared to any other strategy you will find online. In this method, all you need to do is use set-up bets as a fixed percentage of the bankroll as a whole, and as the rule goes, the percentage would be around 1% to 5%.
With this strategy, you can be more consistent with your decisions as you don’t have to push yourself to bet higher. For example, if you are placing a bet of MYR 20, to ensure that you follow the fixed amount betting, you need to place the next bet of MYR 20 and it doesn’t matter if you win or lose, you have to bet the same amount every time.
Though with this strategy the chances of winning aren’t always 100% and you will end up losing some amount but if you use this strategy in the long run, chances are that you would be getting a specific loss in amount while a higher chance of overall net profit. But for this strategy to work you have to ensure that you use it in the long run and stay determined to the amount you are betting with.
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Fibonacci Sequence Strategy
If you are a math geek then chances are that you would probably have heard of the famous Fibonacci sequence. Betting on sports can be fun if you do it with some mathematics involved in it. However, if you are unaware of the Fibonacci sequence, the concept is fairly simple.
All you need to do is have a set of numbers and each next number equals the sum of the previous two. For instance, the numbers 1, 1, 2, 3, 5, 8… are in the Fibonacci sequence. So how does one use these sequences in gambling for sports?
Well, it’s simple, all you need to do is make bets which are in the Fibonacci sequence. You can make wagers of MYR 10 and MYR 10, and then make the next wager of MYR 20 and then MYR 30, and so on. So why would you use the Fibonacci sequence to make different types of wagers? Well, for starters, it’s a great way to win money and it’s similar to the Martingale strategy.
However, if we compare the Martingale with the Fibonacci sequence, the Martingale is all about all-ins while the Fibonacci sequence is comparatively less risky. With the Fibonacci sequence, the bets don’t rise as quickly and chances are that you are less likely to drain your whole bankroll with a short losing streak.
Conclusion
As a beginner, it can take some time for you to adjust to sports betting but that doesn’t mean that you shouldn’t be trying to play and win. When betting on sports, ensure that you have all the strategies that we have discussed in your mind. However, it all comes down to your playing style which tells which strategy would work best for you.