Crossfit is a new sport that started becoming popular around 2010 and 11. Since then this sport has spread around the world and now there are millions of competitors and nearly 20,000 gyms. This explosion in popularity has led to many betting sites now offering Crossfit gambling markets. In this article, we are going to show you how to earn money!
Lay A Crossfit Prediction
Did you know you can play the role of the sportsbook and offer gamblers odds? For example, let’s say you think Sara Sigmundsdottir has no chance of succeeding because she has recently picked up an injury. You then can lay $500 at 10:1 that Sigmundsdottir won’t win and if she doesn’t you collect the full amount. The only downside is that you need extra reserves of capital in case your prediction goes against you (laying $500 at 10:1 could result in a loss of $5000) and typically you will have to pay the gambling exchange a fee.
Use Hedging
With a hedging Crossfit gambling strategy you reduce your risk by betting on multiple competitors to emerge victorious. For example, you may bet on Laura Horvath, Annie Thorisdottir, and Sammantha Briggs all to win the Crossfit Games. This strategy reduces your risk as you have multiple opportunities to win but still provides you with substantial profit as the odds for picking an individual winner are high. Before you use this strategy make sure you calculate the different scenarios and make sure that if any of your athletes do win you still generate a profit.
Practice Bankroll Management
While practicing bankroll management won’t ensure you win it will absolutely prevent you from going broke and losing all of your precious earnings. Many great gamblers have gone broke because they wager too big and too quickly. To ensure you always have a healthy bankroll you should only gamble with 1% to 2% of your bankroll on each wager. For example, if you have $1000 your average bet size should be $10 to $20. Don’t worry you can always increase your stake size as you start earning more cash. Before you know it you will be gambling thousands of dollars!
Try Out Different Crossfit Wagers
By testing out more exotic Crossfit wagering markets you have a better chance of identifying great odds as sportsbooks spend less time analyzing these markets and don’t have specialists spending hours crunching the numbers. Some great markets that are worth checking out include podium wagers and predicting which sportsman will master individual events.
Use Our Strategies And Bet Now!
To start winning it is time to test out our Crossfit betting strategies. Sign up to a sportsbook, deposit, and place your bets today!