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Betprepare is a unique betting tool that can help you earn more money if used properly. We should emphasize that you will not profit just by purchasing the subscription, as you will need additional effort. It is also naive to expect that 100€ will turn into 10,000€ overnight. Simply put, smart betting is not easy or quick money. But if you follow our advice, smart betting can be a very profitable long-term investment.

Profitable and successful betting is any type of betting that earns you at least 7-8 euros for every 100 euros invested. It doesn't seem too appealing at first glance? Imagine you bet 1,000€ today and you bet those 1,000€ tomorrow as well! After 30 days, you would have invested a total of 30,000€ and the total profit of 7-8% would mean a monthly earning of 2,000-2,500€.

Below, we will give you some advice on how to get that kind of winnings through smart betting.

Invest only the amount of money you can afford to lose

Determine the amount of money you have at your disposal, that is, the amount you are ready to invest into your betting. Based on that, determine the amount of money you are prepared to invest in Betprepare tips.  For instance, if this amount is 1,000€, your average stake (5/10 tip) should be 25€. If your amount is 2,000€ the average stake should be 50€.

Do no bet with money you need for other things. This way, you reduce the element of stress, which in turn allows you to be more rational with your bets.

You can earn money overnight, but don't count on it

Betting with Betprepare has been shown to be profitable, but you should accept the fact that not every day will be a good day for betting and that you may not end every day on the winning end. You should not get too euphoric or too depressed and radically raise or lower your stakes after only a few days. Look at the results at the end of the month. Successful punters are those who bet systematically and end up on the winning end, despite the occasional losses. Huge earnings overnight are possible but don't make the mega-winnings the foundation of your betting. This is a marathon, not a 100-yard dash.

Immediately bet on tips

The tip was posted at 11:00 but you are working at the moment or you are having a coffee with your friends? Unfortunately, the bookmakers will not wait for you to finish with what you're doing so that you can make your bets later on. They will react very quickly to bets made by other players and the odds will drop from 1.90 to 1.70 or the margin will be changed from 57.5 to 55.5 goals. And if you bet on dropped odds or changed margins, you will not achieve maximum profit possible. In fact, this could actually cause you to lose money. If you don't have the time to bet seriously, don't bet at all.

Open an account with all bookmakers

If you can buy the same shoes in 10 different stores, there is a high chance that the price will vary and if you check the price in each store, you are almost guaranteed to save some money. The same applies to betting. To make your profit as higher as possible, you need to bet using the as similar odds and margins as possible to those suggested by the tipsters. To do that, you need to have an account with as many bookmakers as possible. The difference for a certain game may be significant and you may not see that on one bet, but you will definitely see that at the end of the month. If you bet 100€ on a winning bet with 2.00 odds instead of 2.10, you will get 200€ instead of 210€. If you have 30 tips like that during one month, you get 6,000€ instead of 6,300€ and 300€ is not a small difference by anyone's standards.

Advices for smart betting

Bet on tips as soon as they are posted

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After the bookmakers get a large number of payments for a certain bet, they adjust the odds/margins. It is important to make the bet immediately (or as soon as possible) to avoid any potential damage caused by dropping odds. For instance, if the odds drop from 2.15 to 1.80, that's a difference of 16%. That may not seem crucial for one bet, but betting is a long-term investment. If you only had partial success after 100 bets because of this kind of betting, the difference in odds would turn you into an unsuccessful punter. If you place 100€ on every bet, you would invest 10,000€ in total. Fifty winning bets at 2.15 odds would mean a winning of 10,750€, i.e. a profit of 750€. Fifty wining bets at 1.80 would mean a winning of 9,000€, i.e. a deficit of 1,000€.

As the picture shows, the odds are prone to changes. Based on new information and the bets made, the bookmakers adjust the odds they have in their offer. The reaction time is even more emphasized for sports with lower initial limits (water polo, volleyball, handball, basketball…).

As the example shows, the odds have started to drop after this picture was posted and went down for the bookmaker in question by 16%. At the same time, this bet could have been made with some other bookmakers with slightly higher odds. However, the box with the time of change clearly shows that the people who got the most out of this tip were those who placed their bets as soon as the tip was posted.

In order to achieve as higher profit as possible, it is necessary to bet on tips as soon as they are posted. Most tips on Betprepare are posted at 11:00 (football, tennis and hockey) and at 11:45 (basketball, handball, volleyball, water polo). You can activate the option in your settings to receive an e-mail notification for all tips posted outside the standard timeframe.

Tip not available? Improvise

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After the bookmakers get a large number of payments for a certain bet, they adjust the odds/margins. It is important to make the bet immediately (or as soon as possible) to avoid any potential damage caused by dropping odds. For instance, if the odds drop from 2.15 to 1.80, that's a difference of 16%. That may not seem crucial for one bet, but betting is a long-term investment. If you only had partial success after 100 bets because of this kind of betting, the difference in odds would turn you into an unsuccessful punter. If you place 100€ on every bet, you would invest 10,000€ in total. Fifty winning bets at 2.15 odds would mean a winning of 10,750€, i.e. a profit of 750€. Fifty wining bets at 1.80 would mean a winning of 9,000€, i.e. a deficit of 1,000€.

Just like you are trying to find a mistake made by the bookmakers, the bookmakers are also trying to correct their errors. The changes of odds and margins are a constant that every punter has to deal with. After those changes, the tip often has a lower value, but it's still worth taking for the same or a smaller stake. In some cases, it loses its value and is no longer worth betting on. Our tipsters often specify the lowest odds or margins worth taking. If the bet in question is not available with the selected parameters, let it go. It's only worth betting on information that have a value.

The information offered can sometimes serve as a basis for choosing a different version of the bet. For instance, in the tip mentioned below, the tipster suggested to go for an over on the home team. It is possible that the bookmaker that you are registered with doesn't have that type of bet, that margin or those odds. What to do if:

a) The margin and/or the odds have changed

The tipster has stated which margin he thinks is worth taking and the lowest odds at which this margin is good for. In case the odds or margins have been changed, we advise you to lower your stake. The bet is worth an 8/10 stake according to the parameters available. If the bookies react and change the odds/margins, the bet loses its value. If the new margin is on the edge of being worth the risk (over 83.5 points), then it requires a lower stake (for instance, 5/10).

b) The type of bet is not available:

Team totals are based on earlier point totals and handicaps for a certain team. Based on this and the tipster's explanation, you can often find another option for a certain bet (if the tipster himself hasn't suggested it in the tip). Under the assumption that the total number of points for the example above was 163.5, going for total over would be a logical bet. If the tipster has changed the usability of team over to 83.5 points and predicts a tight game with no clear favourite, this means the visitors should also end the game along those margins. The sum of two team totals is higher than the set margin of overall total.

Simply put, if a bet is still worth taking after the odds/margins have change, lower your stakes. If the bet is no longer worth taking or is not available, try finding a new option in the triangle: team total-overall total-handicap.

If there is no adequate alternative , do not bet on that match!

Find the best odds

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Just like you can find the difference prices for the same product in various stores, you can find different odds/margins for the same bets with different bookmakers. The difference may not be big at first glance, but it can have a major effect on your income in the end. That is why our recommendation is to check which bookmakers offerthe best odds or margins when making every bet, be it for one of our tips or for a bet you found on your own.

a) Comparing odds

The image shows that the bookmakers have a different estimate for the home team's win. The best odds on the market are 3.89 while the lowest odds are 3.20. Just by betting with a different bookmaker (in case of a winning bet, that is), you earn much more. For a stake of 100€ your winnings can be higher by 69€ (389€ or 320€). A small effort for a high gain.

b) Comparing margins

Like with odds comparison, comparing margins is also very useful. It allows you to find the safest place to make your bet. A difference in one or two points/goals can be crucial in the end. Our website gives you access to unique comparison of margins for players (basketball/handball/water polo), which can be very helpful when choosing best your bets.

c) Moving odds

The section 'Odds movement' allows you to keep track of the market. A change of odds or margins indicates new information related to that event or an increased number of bets for a certain outcome. It's a very useful tool to divert your attention to focus more on that particular event. Naturally, this is not a recommendation to automatically put your money on an outcome with dropping odds. It's important to understand why the odds or margins are changing and if the odds have a value with the new parameters.

Use Betprepare and for live betting

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In addition to 'pre match' bets, the content of our website can be used for live betting. An increasing number of bookmakers have this option in their offer. Live betting can be used to bet on the events that you didn't have a chance to bet on before the start, for events that have a different opening or to 'protect' yourself.

a) You couldn't bet on the suggested tip before the game

Whether you didn't find the suggested bet in the offer or you didn't have a chance to take the bet, there is a possibility that this bet will be available at the start of live betting with the same or similar odds/margins. If the parameters available are usable, you can take the bet.

b) The preview and/or the tip differ from the situation at the start of the match

For instance, the tipster could suggest betting on a low total of points. He bases his suggestion on the fact that both teams will use stronger teams and go for a slow game, or this outcome is implied in the preview itself. However, the teams open the first period with an unbelievably high shot percentage and the margin for the total number of points is increased by 10 points. Here, you can think about going for the lower tally under a more acceptable margin. Of course, this is not a suggestion to do this every time, but only as an additional option to have in mind.

c) Live betting for a 'sure win'

Live betting sometimes provides us with the possibility of a sure win. If we choose, either in prematch or in live betting, an outcome of a certain bet, it's possible that you get the option to bet a small portion of money on a different outcome to have a safe win. For instance, we decided to bet one the home team to win under 2.30 odds. After they take the lead, the odds on the doublechance for the draw and the away team to win can reach 2.40. At that point, betting on that second outcome gives you a sure win. In case the home team win, it is a lot smaller than it would have been had you not decided to 'hedge', but if someone wants a sure win before waiting for the end of the game, this is an option to consider.

Betting on handicaps

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Bookmakers often have different approaches for marking handicap bets. In order to avoid confusion, we have opted for a universal display of handicaps in relation to home team.

Goals/points/games/sets are always added or subtracted to/from the first team/player in the tip.

Simply put, if we have a tip Barcelona – Real Madrid, handicap: +6.5, tip: 2; this means that you should add 6.5 points to Barcelona's total points tally at the end of the game. This means that the bet goes through if Real Madrid win by over 6 points.

On the other hand, if our tip is Barcelona – Real Madrid, hendikep: +6,5, tip: 1; this means that the bet goes through if Real Madrid do not win by over 6 points.

On Betprepare.com website, the handicaps (mostly for football and hockey) are displayed with Asian handicaps. They allow you to eliminate tied scores, that is, your bet is void in case of a draw. A handicap can be positive or negative, but due to technical reasons, it is always shown in relation to the first team in the tip. If the first team/player is the favourite, the handicap will be negative, and if the first team/player is the outsider, the handicap will be positive.

Barcelona – Real Madrid
Handicap TIP: 1 Your result
 0 Barcelona to win win
Draw stake is void
Barcelona to lose loss
     
-0.25 Draw one half of the stake is lost
Barcelona to lose loss
Barcelona to win by one or more goals win
     
-0.5 Barcelona to win win
Draw loss
Barcelona to lose loss
     
-0.75 Barcelona to win by one goal one half of the stake is returned
Barcelona to win by two or more goals win
Barcelona to lose or draw loss
     
-1 Barcelona to win by two or more goals win
Barcelona to win by one goals stake is void
Barcelona to lose or draw loss
     
-1.25 Barcelona to win by two or more goals win
Barcelona to win by one goals one half of the stake is lost
Barcelona to lose or draw loss
     
-1.5 Barcelona to win by one goal, draw or lose loss
Barcelona to win by two or more goals win
     
Barcelona – Real Madrid
Handicap TIP: 1 Your result
 0 Barcelona to win win
Draw stake is void
Barcelona to lose loss
     
+0.25 Draw one half of the stake is returned
Barcelona to lose loss
Barcelona to win win
     
+0.5 Barcelona to win and draw win
Barcelona to lose loss
+0.75 Barcelona to win and draw win
Barcelona to lose by one goal one half of the stake is lost
Barcelona to lose by two or more goals loss
     
+1 Barcelona to win or draw win
Barcelona to lose by one goal stake is void
Barcelona to lose by two or more goals loss
     
+1.25 Barcelona to win or draw win
Barcelona to lose by one goal one half of the stake is returned
Barcelona to lose by two or more goals loss
     
+1.5 Barcelona to win by one goal, draw, or lose by one goal win
Barcelona to lose by two or more goals loss
Barcelona – Real Madrid
Handicap TIP: 2 Your result
0 Real to win win
Draw stake is void
Real lose loss
     
-0.25 Draw one half of the stake is returned
Real lose loss
Real to win win
     
-0.5 Real to win win
Draw win
Real lose loss
     
– 0.75 Real to win or draw win
Real to lose by one goal one half of the stake is returned
Real to lose by two or more goals loss
     
-1 Real to win or draw win
Real to lose by one goal stake is void
Real to lose by two or more goals loss
     
-1.25 Real to win or draw win
Real to lose by one goal one half of the stake is returned
Real to lose by two or more goals loss

 

     
-1.5 Real to win, draw or lose by one goal win
Real to lose by two or more goals loss
Barcelona – Real Madrid
Handicap TIP: 2 Your result
 0 Real to win win
Draw stake is void
Real lose loss
     
+0.25 Draw one half of the stake is lost
Real lose loss
Real to win win
     
+0.5 Real to win win
Real to lose or draw loss

What is value?

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In every toss of a coin, the possibility of 'heads' or 'tails' is always the same (50% chance for both options). If the odds offered are 1.85-1.85 or 1.8-1.9, going for either option has no value. But, if a bookmaker offers you the odds of 1.75-2.15, it is definitely worth betting on 'heads' (2.15 odds) in the long run, as the probability is 50%.

So, the concept of value of a certain bet refers to some odds having more value in comparison to the probability of that outcome happening. Only the events that have a value are those worth betting on.

Calculating value:

When the bookmakers set the odds, they predict a certain profit margin. For instance, if a certain event with only two possible outcomes has odds at 1.85-1.85, the bookmakers pay out 92.5% and the profit margin is 7.5%. The payout can be calculated through the formula p = 1 / (1/o1 + 1/o2 + 1/o3… + 1/on), where the o1-on are the odds for outcomes that cancel each other out. For instance, the payout for odds 1.30 and 2.90 for a certain game is p = 1 / (1/1.30 + 1 / 2.90) = 1 / (0.76923 + 0.34482) = 1 / 1.11405 = 0.897 = 89.7%, which means that the profit margin is at about 10%. A payout for a certain football game with odds 1.65, 3.50, and 3.30 is p = 1 / (1/1.65 + 1/3.50 + 1/3.30) = 1 / (0.606 + 0.286 + 0.303) = 1 / 1.195 = 0.836 = 83.6%. In this case, the profit margin is over 15%.

Generally speaking, the profit margin for global bookmaker varies from 20% to (very rarely) 3-4%.

The odds the opinion of the bookmakers about the probability of some outcome happening. The lower the odds, the higher the probability. Specifically, the probability that the bookmakers predict for a certain outcome is easy to calculate: probability = payout for that event/odds. For instance, for examples mentioned above, if the odds are 1.30 and 2.90, the bookmakers predict a  0.897 / 1.3 = 69% chance for the first event with 1.30 odds and 0.897 / 2.90 = 31% chance for the second event with 2.90 odds.

When you bet on a certain event, you have some (at last abstract) opinion about the likelihood of it happening. For instance, you think that the event with 1.70 odds has a 70% chance of happening. If you bet 100€, your winnings are 170€. Your assumption that the chance of that happening is 70% gives you expected winnings of = 70% * 170€ = 119€ or 119% of your investment, i.e. 19% profit.

The notion of expected winning is extremely important. It can be calculated by multiplying your perceived likelihood of one outcome with the odds. So ew  = 1.70 * 0.7 (70%) = 1.19. For instance, if you think that there is an 85% chance of an outcome with 1.30 odds going through, it is ew = 1.30 * 0.85 (85%) = 1.105. If you think that there is a 45% chance for an event with 1.95 odds going through, then it's ew = 1.95 * 0.45  = 0.88. The notion of expected winning shows your hypothetical yield if you keep making that particular bet in a long period of time. Theoretically speaking, if you bet 1000 times on 1.70 odds, this outcome would occur 700 times. If you invest 1 euro every time, your total stake would be 1,000€ and the yield would be 1.7*700 = 1,190€. Yield/stake = 1.19 and your profit is 19%.

So, it's worth betting on an event for which the expected winnings would be above 1, that is, for which your estimated probability (in the latter case 70%) multiplied by the odds would give a value above 1. The value can be easily calculated – if you think that the likelihood of one outcome is 70% and the odds are 1.7, the bet in question has a value of 19%; when you think that an outcome at 1.30 odds has a 85% probability, the value is 10.5% and when an event with 1.95 odds has a 45% likelihood, it has no value, that is, that value is negative.

Theoretically speaking, if you constantly bet on events with a value between 10 and 20 percent, your overall long-term stats will have a value between 10 and 20 percent. Of course, even when you think that something has a 20% value, it's a human estimate and the long-term stats will be lower as it will contain the factor of your potential error. But if you bet on events that you think have a 5-10% value, then you will at best have this profit, and probably even less as the profit will be smaller or even non-existent when you factor in the human error.

The bookmakers limit successful punters

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After a while, you receive a message from your bookmaker that you can no longer use your account? You notice that you can no longer placed the amount you planned on certain bets? Unfortunately, the bookmakers recognize successful punters and, quite understandably, they try to minimize the potential damage. One way is limiting your account and the other, more radical, is completely blocking your account. Every punter has to be aware of this danger and has to be prepared to respond to this challenge.

The bookmakers have the right to limit you or completely block your account. The easiest thing to say would be "don't make your betting profitable and you'll be safe", but we will try to help you the other way. First of all, don't let your first bets draw attention to yourself. If you want to bet hundreds or thousands euros on less renowned competitions right from the start, the bookmakers will identify you as a potentially dangerous punter. Try to 'cover' your tracks by betting on different sports/competitions.

Tips for avoiding limitations on your account:

  • combine bets from various sports
  • combine your bets with bets from more famous football leagues
  • after opening your account, avoid putting maximum stake for some time (go at least 10-15% below the limit)
  • combine several bets on your ticket (2 to 4) to cover the real reason for a bet
  • use 'live' betting for tips more often if the circumstances are similar to 'prematch' conditions

If you still get limited by the bookmakers, there's always the possibility of asking someone to open up an account in their name and bet in your stead. Of course, it would be desirable if the person in question cannot be traced to you.

If your account is limited or blocked, there is a chance that the bookmaker might cause some trouble with the payout. However, rest assured that you will get your money in the end, especially if you fully cooperate and send them the documentation they require. These are mostly standard safety verifications that the bookmakers use to make sure that they are sending the winnings to an existing person and the actual owner of the account. In the end, this is actually a good thing for you as you want your money to land in your pocket. Because of this, it is very important to open every following account with a real identity for which you can provide actual documentation. We recommend you to do all possible safety verifications with the bookmakers you want to use as soon as possible. This way, you will dispel any doubts and make a huge step towards extending the duration of your account.

Opening up an account with online bookmakers (how to transfer the money onto the account)

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Having more betting accounts means a bigger choice when making the bet. A bigger choice means better odds/margins and this implies higher winnings. If you want to approach betting seriously, you should have as many accounts as possible.

We want to dispel the illusion that opening up an account with on-line bookmakers is complicated. In fact, it is generally very simple and takes only a couple of minutes. You will mostly be asked to choose your username, password and to input some personal information (first and last name, date of birth, address, etc…). Some bookmakers may ask for a security question (necessary for verifying your account or when requesting the payout so make sure you remember both the question and the answer you choose. For depositing/withdrawing funds, we recommend using credit cards, foreign currency accounts or Skrill™ (moneybookers) system. It is important to note that depositing money through online banking is completely safe.

a) Credit card deposit

If the website in question is in English (and most of them are), this is done using the 'credit/debit card' option. After choosing this payment method, you input the necessary credit card information (credit card number, name of the credit card owner, validity date and security code).

Security code (CVV or CVC) is located on the card itself. In case of Visa™ or Mastercard™, these are the last three digits on the back of the credit card. In case of American Express™, it is the four-digit number on the front side of the card (on the right side, above the credit card number).

b) Via Skrill ™(Moneybookers™)

After choosing the option to make a deposit via Skrill, insert the amount you want to deposit and (in most cases) the password for your account with that bookmaker. After entering these data, you will be transferred to Skrill ™(Moneybookers™) secure website. There, you can log in by entering your e-mail, password and (maybe) the security captcha code that appears.

After logging into your Skrill account, you can confirm the payment (if you have enough funds on your Skrill account). Your money will be transferred onto the account within a couple of seconds.

c) Withdrawing

Withdrawals are usually done the same way as deposits. Bear in mind that once you use a Skrill account to deposit your money you can (in most cases) only use the same Skrill account to withdraw the funds.

Some bookmakers might also ask you to send them a photograph of your passport, ID card, bank statement or an ordinary utility bill before making the first payment to verify your identity.

Skrill™ (moneybookers™)

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Moneybookers™ is a modern way for sending and receiving money online and is used for safe internet shopping. It is also known as the Internet wallet, or e-wallet.

Apart from free registration, one of the great advantages of this popular website are the payments which don't require the user to leave their credit cards numbers. A feature important for the punters is that the transactions are very quick and don't require any waiting time as is often the case with bank transactions.

All it takes is for the user to register on www.skrill.com.

The most important thing is entering the right e-mail address as e-mail address is an equivalent of a bank account number for Moneybookers. It has to be verified (along with the chosen password) every time you want to send your money to someone or make a payment.

It's very important to set the currency of your account as the currency you want to use in your transactions. We advise you to use Euros or US Dollars so as not to lose any money when converting currencies.

When registering the account via credit/debit card, the user has to undergo a verification. Moneybookers charge a small fee to the user's account, generally between 1.01€  and 2.99€. This amount has to be input into the field for account verification. The best way to check the exact amount is in your local bank (ask for an exact amount in Euros so that you don't input a wrong number based on a bad calculation).