Bet of the day

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More about Bet of the day

• What is the Bet of the Day
• How We Pick our Bet of the Day
• How sure is the Bet of the Day?
• Where to Place Bets of the Day

What is the Bet of the Day?

If you give our website even a short look, you’ll notice that we do a lot of things besides betting tips and predictions. Essentially, we have a team of dedicated sports betting experts with decades of experience between them, and we enjoy sharing our betting strategies with our readers. And if you’ve been paying attention, you might have noticed that we often point out that the most reliable way of making profits with sports betting is consistency.

What does this mean, exactly? Well, the most common myth with the betting community is one of the “big score” bets. The one big bet that is going to rake in thousands in winnings against impossible odds. While this does sound exciting, our methods are more grounded: we rely on statistics and cold, hard data. And according to statistics, the best way of winning some cash is through a lot of small wins over an extended period.

With that in mind, you need to make a lot of bets. Now, this presents a problem for a lot of people. Firstly, you can’t make good betting predictions without the proper research and understanding of the sport you’re betting on. You need to be good with a lot of different markets, leagues, teams, etc. Essentially, a lot of work goes into sports betting if you’re serious about it. This doesn’t work well with making a lot of bets – nobody has time to spend hours every day just to figure out what to put down £5 on.

That’s where our Bet of the Day feature comes in. Our experts do the work so you don’t have to. With that in mind, the featured tip can come from a variety of different sports, leagues, and events.

Short-term, it allows you to always have something to bet on every day and be confident that you’re not running into it blindly. In the long term, though, it can also serve to help you improve your own betting skills. If you’re paying attention, our bets of the day can lead you to a better understanding of what goes into making reliable betting predictions. Furthermore, they can help you broaden your horizons and introduce you to sports, markets, and leagues you otherwise never would have wagered on.

How We Pick our Bet of the Day

As we just mentioned, making today's betting tips isn’t easy. But to get one thing out of the way: no, there is no exact formula that we follow in every case. Considering the bet of the day can be from any market, sport, and league imaginable, trying to apply the same logic to all of them could only lead to disaster.

You may have noticed that Betting Fellow offers tips on a wide variety of betting offers. When deciding on our bet of the day, we first have to make all the predictions we’ve made that day and take an honest look at them. Not all betting tips are made with absolute certainty, and any tipster that claims otherwise is clearly being dishonest.

Besides, our primary concern as long-time punters is betting value – not merely the probability of success. We’ll touch on that later, but for now, you have to understand that the strength of our tips is ultimately dependant on the betting odds bookies offer.

As such, we compare the certainty of all our tips, combine it with their value, the possible returns one might get from making this bet, and several other factors – and whichever prediction comes out on top is our bet of the day.

To be frank, there is another, less tangible factor at work as well: our hunch. Now, usually, we would never recommend betting on a gut feeling or instinct. However, this is not a matter of deciding whether to make a bet or not. This is a matter of deciding which wager is better out of dozens of them. And sometimes, after you’ve exhausted all the statistics, calculations, and value considerations out there, and you still need to make a call and single out one possible wager – a hunch is all you have left.

Besides, we should also point out that every member of our team is an avid punter. As you might expect, pretty much every bet we make ourselves is one that appears as one of our betting tips. However, we make way too many of them each day to reasonably use them all. As such, sometimes the Bet of the Day is simply the bet we chose for ourselves.

How sure is the Bet of the Day?

In short, it’s as sure as we can make it. After all, betting is a matter of guessing more often than not. Don’t get us wrong – our guesses are as educated as they can be – but no-one can predict the future. However, there is a lot more to be considered here.

First of all, any experienced bettor will tell you that success in betting is not merely about getting it right as often as you can. In fact, good bets are not so much concerned with winning percentages as they are with value in betting. If you’re serious about getting better at sports wagers, betting value is a concept that has to become like second nature to you.

The gist is this: the difference between a good bet and a bad bet is not how likely they are to win. The difference is in the ratio of risk to potential profits. For clarification, imagine a bet that has a roughly 20% chance of success, but the payout is 10 times the stake. Now, you’re not likely to find odds this good anywhere, but we’re just making a point - even if you were to lose, it’s still a good bet to take.

On the flip side, if a bet has an 80% chance of success but barely wins you any money – it’s not a good bet. 80% is still a risk, and you need to know what you’re risking your money for. If the payout is too low, it’s simply not a good investment, even if it has great chances of success.

Now, the payout is decided by the bookmakers based on betting odds, and the relationship of betting odds and the probability of an outcome is a very complex issue – much too complex to be fully tackled here. Our point is simple: even if today’s betting tips and predictions on Betting Fellow do not always win, we can guarantee that they always offer excellent value.

So, how are you to win money? What if the bet of the day you chose happens to be unsuccessful? Well, let’s go back to something we mentioned earlier: the fact that profiting with online betting is a matter of making a lot of small wins rather than one big score. By that, we didn’t mean that you should make 100 bets and expect to win all of them. Instead, this is a matter of returns outweighing the losses.

Losses are an unavoidable part of betting. One way or another, you’re going to have to lose some money if you expect to win, and there’s no going around that. In fact, it is quite possible to lose more bets than you win and still come up positive at the end of the month – just think of the value we just mentioned. Overall, if your bankroll ends up 5% bigger at the end of the month than it was at the beginning, you can consider the month a success as far as betting goes.

Of course, the whole idea of Betting Fellow is to help you win much more than that, but you get the picture. If you keep following our betting predictions, you can rest easy knowing that your bankroll is safe in the long run – even if not all of the bets we make win.

Where to Place Bets of the Day

If you’ve been paying attention, you might have noticed that we keep coming back to odds as one of the determining factors of whether we consider bets good betting predictions for today.The issue with that is that odds depend on betting sites, not us. As such, the mileage you can get from our expert bet predictions depends a lot on which sportsbook you choose.

You’ll need a top betting site with low bookmaker margins if you want our tips to work as expected. Luckily, this is one of the other major things we’re concerned with here at Betting Fellow: finding the best online bookmakers and reviewing them. If you haven’t picked a bookie yet, we recommend starting with our best betting sites page.

Keep in mind, though, that different bookies are focused on different things, just like players are. For instance, if you want to make use of football betting tips for today, you’ll need to search for a football betting site.

The problem here is that Bet of the Day is not always restricted to football betting predictions – sometimes, other sports have much better offers that day. As such, the odds you see here may not be the same ones you find with your bookie of choice. One way of maximizing profits is to have open accounts with multiple bookmakers, and then opt for the one with the best odds for the selection we made in our bet of the day.

However, we also understand that this may be too big of a hassle for the majority of users. And that’s fine too – usually, the differences are minimal if you’re using one of our recommended betting sites, rarely more than 0.05 in decimal odds.

Alternatively, the bet of the day is not all we offer. You can always stick to today’s football betting tips, for example, if you feel like football betting is all you want to do (or if your sportsbook’s odds are considerably worse.)

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