When a punter joins an online bookmaker, they will sometimes relax their betting strategy having got the free bet reward. This means they bet on something they wouldn’t normally or they don’t give much thought to the plan of their new punt. This is a shame and it is very common. The point here is not to get to excited because you have the free money, you may think “well, it’s not really my money so I’ll just give it a whirl on something with good odds.

This doesn’t really work as it’s not part of an overall plan. Use the free bets given to you by your bookmaker to either spread on a few markets or add to your deposit to plan a bigger punt on an event that you may be familiar with. To make money in the betting field, you need a plan. This is how the big boys succeed and become professional. They familiarise themselves with markets and then gradually grow their budgets as they become more successful. They don’t blow it on one “Dead cert.”

So plan and bet in a measured and monitored fashion and get to know all the markets that you think you’ll be involved with in the future. Learn about the different types of bets in online betting and who knows ….