How to Become a Sharp Sports Bettor?
The main trend in the gambling business in recent years has been the extraordinary rise of the sports betting market on a worldwide scale. The market for international sports betting was estimated to be worth $67 billion in 2020 and is anticipated to soar to $140 billion in 2028 with a CAGR of 10.1%. Rapid technical development and digitalization, which have led to the widespread availability of mobile devices like phones, laptops, and tablets, are the main causes of this startling surge. With new gadgets and fast internet, including 5G, bettors can now easily access betting without ever leaving their homes. Online betting offers security, anonymity, and a wide range of alternatives, and the proliferation of different online bookmakers has led to a significant boost to the global wagering market in the last few years.
In India, where many different sports have long flourished, sports wagering has always been a fascinating issue. Cricket occupies a particular position in India being the most adored and watched sport in the nation. People sometimes claim that cricket in India is more than simply a sport; it has evolved into a religion, practiced by millions of fervent followers. According to research, cricket attracts more than 90% of sports lovers in India. Additionally, the Indian Premier Competition, the country’s top cricket league, is one of the most popular sports leagues worldwide and the most watched cricket league in the world.
India has the second-largest online presence in the world, and statistics indicate that 40% of its internet-enabled population bets on sports on websites, for example https://in.1xbet.com/line/cricket . Despite the ambiguity surrounding the legality of sports betting in the nation, individuals may simply bet on sports via offshore bookmakers from the comfort of their homes. For instance, there are already a number of cricket betting applications available in India where users can place bets on their preferred teams and players and profitably do so.
Given cricket’s enormous popularity in India, it is not surprising that its betting industry has grown far more than that of other Indian sports. Although there is a sizable betting industry for sports like football, kabaddi, and horse racing, cricket betting is completely different and accounts for around 80% of all sports bets in the nation. The development of technology is the main cause of this.
Sharp sports bettors, sometimes referred to as “smart people” or “sharps,” are avid sports bettors with a keen sense of strategy. Sharp sports bettors frequently live and breathe betting on sports as a full-time occupation and a significant source of income, unlike amateurs who may gamble on sports as a pastime or for pure amusement. According to research, the world’s best sports bettors win between 55–60% of their wagers. Given that gambling is a game of chance where many individuals lose their money, this is a significant percentage.
A prevalent myth regarding sharp sports bettors is that they have insider knowledge of games or infallible winning strategies since they consistently win. This is untrue since sharps do not possess any special resources beyond those of the typical bettor. However, they devote a great deal of time and effort to honing their wagering expertise, and as predicted, they achieve amazing success.
In this article, we’ll look at how you can advance from being a simple amateur sports bettor to a more knowledgeable bettor with a better chance of succeeding