Yeah go easy early. No need to bet big at all. At least not for a long time.
Quick tip, determine the percentage chance you think of a win.
E.g. if you think India are a 55% chance to beat Pakistan, calculate the odds and see if there is value.
India are paying $1.64 right now on Betfair to beat Pakistan. 1/1.64 x 100 = 60.975%.
That figure is higher than 60%. Therefore if we believe India are a 55% chance of victory, there is no value in India for that bet. There is value in Pakistan however, because their odds will obviously indicate that Pakistan is a 40% chance to win, whereas you believe they are 45%.
In that situation, even though you think India will win (55% chance), you should bet on Pakistan.
In the long-term this strategy always wins. Bet on value, not on what you think will happen.
Quick tip, determine the percentage chance you think of a win.
E.g. if you think India are a 55% chance to beat Pakistan, calculate the odds and see if there is value.
India are paying $1.64 right now on Betfair to beat Pakistan. 1/1.64 x 100 = 60.975%.
That figure is higher than 60%. Therefore if we believe India are a 55% chance of victory, there is no value in India for that bet. There is value in Pakistan however, because their odds will obviously indicate that Pakistan is a 40% chance to win, whereas you believe they are 45%.
In that situation, even though you think India will win (55% chance), you should bet on Pakistan.
In the long-term this strategy always wins. Bet on value, not on what you think will happen.