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How to Improve Your Sports Betting Strategy

Published

2 years ago

May 31, 2022

Millions of people bet on sports regularly, hoping to win big or at least make the next game more interesting to watch. There’s no way to guarantee positive returns in gambling, but there are some tweaks to your strategy that can improve the odds in your favor.

So what steps can you take to improve your sports betting strategy?

Use the Right App

First, it’s important to use the right app. There are many sports betting apps available, some of which are easier to learn and use than others. Choosing an app with transparent pricing, easily decipherable odds, and a convenient user interface can help you plan your bets better and execute them without any headaches.

We are also seeing the rise of unique sports betting apps that transform how people can bet on sports. Sporttrade, for example, allows users to trade in and out of sports bets the same way you might trade stocks. You can even place “limit orders,” setting your own price to minimize losses. This dynamic app gives you a much wider range of possibilities to use in your sports betting, thereby giving you more opportunities and more flexibility.

With the right app, you’ll have a much better understanding of the bets you’re making, more strategic options, and more information you can use to bet intelligently.

Hedge Your Bets

Investment advisors always caution people to diversify their portfolios, and there are many good reasons for this. In case you aren’t familiar with the term, portfolio diversification is all about investing in many different types of assets simultaneously, such as stocks, bonds, real estate, and precious metals.

This strategic maneuver reduces your susceptibility to volatility and practically eliminates the possibility of catastrophic losses. If one of your asset classes takes a dive, your portfolio remains intact and thriving because you have so many other asset classes to make up for it.

This principle should be applied to your sports betting strategy as well. Diversifying your bets, by betting on multiple different games and sometimes different outcomes, can reduce the likelihood of suffering major losses.

Study the Odds Carefully

Always take a deep look at the odds as they’re presented to you. Make sure you understand what these odds mean and how they translate to a potential payout. Do you believe the published odds accurately reflect the odds of one team winning over another? Look for discrepancies here to maximize your chances of placing a winning bet.

Back the Underdog (but Avoid True Longshots)

Underdogs have the odds stacked against them. That means they’re much more likely to lose, but it also means that if they win, your bet could come with a substantial payoff. Look for underdogs you truly believe in and bet on them; you’re probably going to lose many of these bets, but the ones that win can more than make up for the losses.

The only caveat here is that you should avoid true longshots. There’s a difference between an underdog and a team that has almost no chance of winning. Thousand to one payoff odds certainly sound attractive when you consider multiplying your bet by one thousand – but in 999 instances out of 1,000, you’re going to lose your money.

Focus on One Team at First

If you’re just starting out with sports betting, focus on only one team at first. This way, you’ll get to know the dynamics of the team, the individual players, and how they perform in different conditions. Once you become a de facto expert on this team, you’ll be much more likely to accurately assess their odds of victory and make more intelligent bets. As you get more experienced, you can expand to other teams.

Look for Details Missed by the General Public

Always keep an eye out for details that are missed by the general public. Does your team have a secret weapon that can lead them to victory?

Never Bet More Than You’re Willing to Lose

It’s a common piece of advice, but an important one. Never bet more than you’re willing to lose. No matter how sure you think the bet is or how confident you are in your decision, you always need to assume the worst-case scenario. If you lose this money, is it going to have lasting negative consequences for you and your life? Sports betting is still a form of gambling, so you need to be able to gamble responsibly.

There’s no surefire way to consistently make money with sports betting, but with the right strategic improvements, you can increase your odds of walking away with a positive return.

Keep in mind that this isn’t a transformation that happens overnight; it takes months and sometimes years for people to develop a sports betting strategy that works for them. Remain patient as you learn these lessons, and try to have fun in the meantime.

World

Creating Better Hiring Practices: How KENTECH Can Improve New Employees

Published

9 hours ago

September 15, 2024

Rosario Farell

Although some may think background checks are only necessary for high-security jobs like government positions or teaching roles, most employers could benefit from the additional insights that a background check provides. In addition to providing information about an applicant’s criminal history, employers can use background checks to understand their abbreviated credit history or confirm information like employment, educational, and licensure history.

Why background checks are important

Unfortunately, while one would like always to assume the best, the truth is that not everyone is telling the truth. A study by SHRM found that 31% of people admitted to lying on resumes, while 56% admitted to “stretching the truth.”

This statistic makes it abundantly clear that business leaders must not feel comfortable simply trusting prospective employees’ applications at face value. It’s better to be safe than sorry, so a background check is used to confirm important information about an applicant and help make a better, more informed hiring decision.

At KENTECH, a leading background check technology provider, the team likes to say that they help their clients hire “not just the best person, but the right person.” After all, the cost of hiring and onboarding a new employee is extensive. Indeed reports that these costs can range from $4,000 to $20,000 per new employee.

If a hiring decision is made, only for that person to not perform well in the role and have to be let go shortly after, that’s a lot of money wasted. It’s better to make sure that you are making the right decision from the beginning.

KENTECH’s revolutionary background check technology

Some of KENTECH’s cutting-edge background check technology solutions include:

● Employment Verification Program (EVP): KENTECH’s Employment Verification Program is a web-based service designed to help streamline the background check process for employers. It gives employers one location through which they can manage the entire process from start to finish. Users can order background checks and verifications and easily manage documents — all from a single, convenient dashboard.

● Report Investigative Scoring Count (RISC): KENTECH’s RISC system helps organizations quickly interpret screening results at a glance. An organization can set up the criteria that matter most to them for screenings, and each background check will be labeled with a color code corresponding to the criteria set by the business. This provides employers with a visual cue for what applications may require closer scrutiny and helps identify which candidates may be most qualified.

● Rapid Application Center (RAC): KENTECH’s Rapid Application Center technology allows applicants to input their information and order background checks themselves. This saves hiring teams time with minimal burden to the applicant. An applicant signs onto a custom-built website and enters their information so administrative staff don’t have to. Administrators then receive email notifications when a candidate posts their information and when results are returned, allowing them to sign on at their convenience to view them.

● Unified Bulk Screening (UBS): For businesses that screen a high volume of candidates, KENTECH also offers a solution called Unified Bulk Screening (UBS). Once business leaders sign into their EVP account and import a list of candidates and their required information, they can see up-to-the-minute results in their portal or opt to receive a consolidated report that displays all results at once.

However, although the primary audience of these developments is the business and its leaders, there are also some significant benefits to the candidate experience. If a background check feels obstructive and frustrating to an applicant, they may form a negative first impression of the business or even give up. The KENTECH team designed their technology to be easy to use, often able to be integrated into the application and HR management system to make the process as seamless and intuitive as possible.

Although background checks might seem like an extreme step for the average employer, with the help of technology like that offered by KENTECH, it doesn’t have to be. KENTECH’s advanced background check technology helps streamline the process, allowing employers to get better insight into their prospective employees without significantly burdening themselves or their applicants. With this, background checks can become a standard, beneficial step in virtually every job application.