As we draw closer to the next season of the EPL, or even if it’s already started, preparing well can make a significant difference in how well your bets do. Betting on the EPL isn’t rocket science. However, some terminologies, betting types, and strategies are helpful to know as you prepare for the season. Here are some things we do to prepare for the EPL season.
Review last season’s betting stats
As an experienced bettor, you might keep your betting records from the last EPL seasons on hand. Nowadays, some sports betting apps record this data for you to make it more accessible and accurate. With this data, compare all of your wins with your losses and the specific circumstances around those wins and losses. While this may take time, it offers a unique opportunity to isolate winning bets and avoid potential losses.
For example, say you place an over/under bet based on Man United being over a certain number of points on more than one occasion and losing. Depending on other variables, you might want to change this bet up a little this season, especially if Man United’s stats showed that their performance took quite a dive last season.
Once you’ve gone through all the stats from the last season, separate them into potential successful bets and bets you want to avoid making this season.
Use last year’s data to devise a new strategy
Now that last year’s data is separated and categorised, you can create a new betting strategy for this year’s EPL season. Remember, data from last year’s season will predominantly give you what bets you should and shouldn’t do and what you should bet on.
For the current season, you’ll still need to observe the odds, predictions, and the specific details surrounding every game, like player performance, injuries, player transfers, and any other details that may influence the outcome of the game. To get a headstart on your strategy, take a look at the EPL predictions here.
Some essential components of a betting strategy are:
- A bankroll or budget
- A diverse betting plan based on multiple betting types
- Research done on player and team performance, player form, injuries, and the impact of home and away games
- The ability to shop the odds
- Taking advantage of live betting
Consider different bookies
Experience bettors know that the best way to make a wise bet is to get a full picture of the odds. To do this, they subscribe to different bookies to see the odds they display for the upcoming games. Bookies all display different odds based on what the algorithms consider to be the most accurate outcome of the game. By using different bookies, you can get invaluable insight into what the outcome of a game will be and potentially make a winning bet based on the additional information provided.
Alternatively, you could also reduce your risk of making a significant loss by betting through multiple bookies at a time. For example, if you’re better on an over/under score for Man United to have over 5 points with one bookie and under 5 with another, regardless of the game’s outcome, you’ll either win one or both.
Test new theories
At the start of the semester, you get to try out some new theories that you come up with. For example, after analysing the trends from the previous season, you may notice that certain teams tend to score more goals after an international break. Thus, you could save some of your bankroll and focus on using it for these occasions.
Set a new budget
A key component of a good strategy is a budget. As you prepare for the next EPL season, setting a betting budget will help you practice diligence as you bet. Sometimes, the thrill of betting on the EPL can tempt you to place a riskier bet than you originally planned. This could result in you losing your bankroll sooner. Essentially, this might lead you to spend more or force you to wait for the next season to get involved again.
Some bettors set a monthly allowance for betting, while others set a yearly allowance. Either way, budgeting ensures that you have more control over your bankroll and helps you use it accordingly so that it lasts the season.
Final Thoughts
Betting on the EPL is a fantastic way to engage in the sport and simply observe it. If you place wise, successful bets on your favourite team, you win with them. Increase your chances of having a successful season betting on the EPL by preparing well. Set a decent budget and learn from your mistakes in previous seasons. This will increase your chances of turning over a profit on your bets.
