After Cyprus became a member of the EU in 2004, many gambling providers and licensed bookmakers started their activities in this country. At that time, national legislation did not regulate this industry, which created ambiguous conditions for the development of the gambling and sports live betting online industry. But already in 2012, a special law on rates was adopted, which was supplemented in 2019. Now everyone will be able to bet on sports in Cyprus in accordance with the provisions of the law.
Tips for newbies for betting on sports in BC
What are the primary tasks facing a novice bettor was mentioned above. However, not only they are important for a productive game, but also compliance with a number of rules and advice from experienced users of bookmakers:
1. Exclusion of large bets on football matches
Football is one of the most unpredictable sports. Even if the bet seems to be 100% successful, you can’t spend half of your monthly income on it. Maybe the bet will actually pay off. However, what happens if the bet burns down, what situation is the bettor then left with? This is what you should think about when you want to bet tens of thousands of hryvnias on a football match.
2. Competent choice of match and bet on it
You should bet money only on matches that are subject to analysis and on which bookmakers offer profitable betting options. If you place bets on all events without exception, the bank will be spent in a few minutes of being in the bookmaker’s office. Analyzing the match and choosing the best bet is the only way to save the bank and come out on top.
3. Only weighted and considered decisions
Rush bets are risky, especially if the bettor bets live. Live quotes change literally every minute, which motivates players to make rash bets. Here it is important to overcome excitement and regularly monitor the painting until a truly profitable offer appears in it.
4. Acquaintance with professional forecasts and independent decision-making
There is an expert in any field. However, you cannot blindly follow the opinion of a professional capper or a former athlete. Such authors of predictions do not encourage players to do as they wrote. Prognosticators share their guesses on how the upcoming football match might end. The decision on which event and which bet to place is made solely by the player, based on the results of his own analytics.
5. Rejection of playback
In case of losses, there is a very strong temptation to return the money that was just debited from the account. However, you cannot give in to him. In an emotional rush, you can make dozens of mistakes that will lead to even greater losses and significant costs. It is better to wait until the bookmaker publishes a new schedule and find the most profitable bet in it. It is also not possible to bet the entire bank instantly. It is worth playing back gradually, accumulating small winnings.
6. Fixed matches and win-win strategies are a myth
Football betting strategies that promise 100% passability of a bet are as much a fiction as the operators having information about fixed matches. There is no win-win tactic in BC, otherwise it would have been found and used a long time ago, destroying the betting market.