The events of the World Cup in Qatar may have brought many fans of sports betting great winnings - especially if they bet on events that one would not have expected from the outset, because there were of course some surprises here with regard to the tournament's outsiders. Even if it sounds tempting to always bet on the favorite team or the favorite, gambling on tournament and match victories is really just a matter of luck. Anyone who wants to supplement their household budget permanently with winnings from sports betting should leave their emotions outside and rely on smart strategies, the most important of which can fortunately be learned.
First of all, one should act realistically and responsibly, because it is highly unlikely that one will become rich overnight. A statistician at the University of Bochum is intensively concerned with the topic and strongly advises a conservative bankroll management: Only two to five percent of the total credit should be wagered per bet, in addition one can only count on a return of five percent - which can be worthwhile in the long run, however. Those who play with low risk, always study the bookmaker's quote exactly and spread single bets widely can make sports betting a "robust way to make money", Michael Monka explained in an interview with "Welt". Investing in this area is even more promising than on the stock exchange, because in sports there is far more information available about the performance level, personnel situation and success statistics than about companies, the expert continued.
Does this mean that it only makes sense to bet on the major sports that are in the center of media coverage? Football bets are the most popular and widespread in Germany, accounting for more than half of sports bets at 55 percent, followed by tennis at 17 percent, handball at seven percent and basketball and ice hockey each at six percent. This makes it clear: this is where the most is wagered and the prize pool is the largest, at the same time there are numerous theories and strategies as well as tips for betting on football. This may be a smart decision for beginners, especially if you are already a fan and have good knowledge of the teams. But even niche sports are increasingly
