Thanks to major advances in mobile technology over the last few years, it’s now even easier to earn some extra cash by taking a punt on your favourite sports. Through a betting exchange, such as Betfair, willing participants can speculate on fixtures from across the world.
However, without the right equipment or the right approach, it can be a costly business to get into. So, with this in mind, let’s take a look at the iOS technology on offer and how you can use it to your advantage.
Before you rush off and download a mobile gateway into the sports betting world, you first need to think about how much you’ve got to spend. Setting up a bankroll is an essential part of being a successful sports bettor. The best in the business will often allocate themselves an overall bankroll that equates to no more than 2% of each bet they make.
To stay on top of the market and give yourself the best chance of success you need to download an expert betting app such as BetTrader, Bet Assistant or TheBetEngine. These products will collect, collate and analyse massive amounts of data so you can capitalise on favourable market conditions much easier.
Using the App
There’s no use downloading a betting app and then ignoring it. Once you’ve chosen the most appropriate piece of software for your needs, make sure you pour over all the information it collects for you so that you can place bets based on something more than gut instinct.
The temptation for novice punters is to ante-up on anything and everything when they first download a betting app. Because these products offer a huge amount of data it can often be tempting to speculate on too many fixtures. Use the technology sparingly at first and only as you build up some experience should you increase your activity.
Modern mobile technology is a fantastic aid in many areas of life, but it isn’t a substitute for knowledge and experience. To make money in sports betting takes time, experience and a little bit of help from technology and if one piece is missing from that equation it can create a financial disaster.