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Embarking on snooker betting as a beginner? Join us as we highlight five common mistakes to sidestep and enhance your betting experience at the top sportsbooks.
1 Support a Player – Don’t Bet Them Every Time
As you follow a sport and your knowledge increases, you would not be human if you didn’t have a favorite player or players. As bettors, we need to recognize this within ourselves, otherwise our subconscious becomes seduced over time into betting on them too much.
The guise “favorite player” is something we need to keep in mind, given those feelings might have grown within ourselves because we have been betting on said player and they have been winning for us in our recent history. The problem with doing so is that every time that player wins, their rating with the sportsbook goes down and this means their price automatically becomes shorter.
An example would be – a month previous Player A was +150 to beat Player B. He did indeed win, but now a month later when they play again his new price is +110 against the same player. You must then make a new assessment as to whether the new price wins enough to make a profit.
2 Don’t Let the Bigger Betting Odds Put You Off
Never be put off by the bigger odds.
There have been recent examples of odds for tournament winners being as big as (+75000) when Jordan Brown won the 2020 Welsh Open and Fan Zhengyi who won the 2021 European Masters at the same price.
Well played Jordan Brown!— Gerry Armstrong (@GArmstrong82) February 22, 2021
Welsh Open Snooker Champion 👏
What a performance 😮 pic.twitter.com/1iGWpOsDkG
There are match odds and on many occasions, underdogs between (+100 and +500) win matches while match winners of (+1000) are more common than you might think.
There can be huge profits to be made if your judgment means you rate a player better than a sportsbook.
3 Don’t Be Results Orientated – On Both Levels
Being results-orientated has two meanings when it comes to snooker betting.
Firstly, we must respect that the short-term form of a player is different from their long-term ranking and rating. If a player is in good form, it increases his chances of winning, but his price decreases match by match. Alternatively, a player in a seemingly poor run of results and form price starts to increase with each loss.
With a snooker match being a head-to-head contest, it is hugely psychological between the players, so peaks and troughs in confidence are inevitable for all players. As bettors, we need to accept losing players will make changes (new coach or equipment) to get better and they can soon be appreciated if we follow snooker closely.
Secondly, short-term results from your betting are exactly that, it is only the long-term P&L that matters. Indeed, I would consider a small sample size to be anything under 600 bets.
A decent sample size of bets would be anything above that initial 600. There is a requirement to appreciate; the bigger the sample size for the player, the more information learned, so with every bet it becomes closer to an accurate sample size to reflect on. Once you have made thousands of bets, you will see the winning and losing sequences that your betting naturally has, furnishing you with the optimum information to keep evolving and improving.
4 Have a Bankroll and A Method for Snooker Betting
We discussed sample size above and this leads nicely into the most important aspect of snooker betting and a common mistake beginners often make.
Personally, I have nearly 12,000 recorded bets for a ROI of 18%, but during those six years, there have been many occasions when the longest losing sequences reached between 50 and 60. That’s potentially a losing run of 60 bets that you will have to navigate. Now of course, if you have found some of those bigger priced winners as discussed in section 2, then the losing bets will become collateral damage and absorbed within your betting profit, but it’s important to respect this happens.
I conservatively suggest a bankroll of $2000 if you bet $10 on each occasion.
5 Remember Statistics and Ratings Rarely Lie
Statistics are used to create form and ratings, so remember to guard against over-confidence on winning runs because sportsbooks are often very close with their adjustments in price to where they need to be.
Equally, player stats can be very relevant in snooker betting, and they should be checked diligently before betting. The best source that I know of for snooker betting is CueTracker, where you can dig deep into the players’ recent form and trends, keeping you ahead of the sportsbooks.
Now that we have identified the five biggest beginner mistakes when betting on Snooker, be sure to enjoy the ride! If you have any further questions, feel free to message @EdwardsTips_ on X.