LEARN TO BET
For those of you who have been following us for a long time, surely this article will not tell you anything you do not know. Otherwise, if you are just starting out in the world of betting site Kenya and want to try it out, it will be a very useful guide to start betting from scratch!
We are going to quickly explain the points to take into account to get started in the world of sports betting.
WHAT KIND OF PLAYER AM I
The first essential step is to determine what we aspire to bet on, or what is the same, what type of bettor we are going to be. That is to say, if we are going to be an Occasional Bettor, placing a bet very punctually in outstanding events; if, on the contrary, our intention is to bet more frequently but always for mere entertainment, as is the case of Gambler as a Hobby; or finally, if we intend to dedicate ourselves to it as part of our day today, we would be talking about Professional Gamblers (where we would place the tipsters).
Therefore, being clear about our goal with betting will help us choose the next steps appropriately.
HOW MUCH MONEY TO INVEST?
Probably the one that seems the most complicated decision. But basically, we have to be clear about the previous point and from there determine our objective. We must consider leaving a sufficient bankroll to withstand bad streaks and an affordable stake value according to our personal finances.
UNDERSTAND THE BASICS
The most normal thing is that if we are thinking of going a little deeper into the world of betting, it is because our profile would fit that of the Gambler as a Hobby. So, what is really needed to begin to become familiar with this sector is to have a good knowledge of the vocabulary used and a clear understanding of its basic concepts. Sports betting, like any discipline linked to gambling and statistics, has many technicalities and somewhat confusing terms that it is good to explain so as not to get lost along the way.
We leave you here a glossary of terms that we elaborated to make this learning process easier.
ESTABLISH A METHODOLOGY. FOLLOW TIPSTERS
In order to have long-term benefits, it is very important to follow a strategy when placing bets. Although sometimes it costs a lot, it is highly inadvisable to get carried away by emotion and make bets emotionally and impulsively. Until we manage to build a good methodology, the most advisable thing is to follow tipsters who bet on a sport that we like and let ourselves be guided by their forecasts while learning from their way of working. Although it is important to be well informed before following and/or hiring any tipster.
As a final point, we will choose the bookmaker where to deposit the money.
In addition, it is always advisable to take advantage of bookies that have good welcome bonuses, such as this one from the Bonus Code.
We hope that this article has helped those of you who want to enter the world of betting.
Drawdown: the data to find the best tipster
Despite the obstacles that bookmakers insist on putting to avoid it, the rise of new tipsters within the world of sports betting is more than evident. Given the vast offer of tipsters, bettors who are looking for the best option to make their bets profitable are helped by indicators that make it easier for them to compare different tipsters and thus have more information before choosing to follow one or the other.
In today’s article, we are going to try to explain the importance of the drawdown as an indicator of the risk involved in following a certain forecaster. Let’s see what it consists of and learn about the different uses that can be given to it.
WHAT IS DRAWDOWN?
Also known as a retracement of the return curve, it is a concept used very often in the trading and financial markets sector, in order to analyze an investment strategy.
To be more exact, it gives us the difference between the highest and the lowest value of accumulated earnings (or units). That is why we can say that it is a great tool to measure the risk of following a tipster since it measures the drop in the value of your account in negative moments.
This is a general concept, so let’s look at the commonly used drawdown varieties to help us better understand how to interpret their result.