Managing Your Euro 2016 Betting Budget: How to Get More for Less

Managing Your Euro 2016 Betting Budget: How to Get More for Less

UEFA Euro 2016 means crunching tackles, mazy runs, 40-yard screamers and some world-class betting to boot. If you're a football fan, Euro 2016 is the perfect time to ante-up. But like all periods of plenty in the betting world, you need a plan of action if you want to make the most of everything on offer.

Understanding the process of bankroll management, how to maximise your value and where to find the best bets is the key to enjoying a more profitable Euro 2016. Broken down into three digestible parts, this guide to Euro 2016 betting is your best way to stay on top of the game this summer.

Bankroll Management: The Basics

When it comes to bankroll management, you only really need to remember this: 2% to 5%. Regardless of how big or small your bankroll is, the maximum amount you should stake on a single wager is between 2% and 5% of all the money you have available to spend.

For example, let's say you have a Euro 2016 betting budget of £/€/$500. Sticking to the 2% to 5% rule, the most you can stake on a single match or betting option is £/€/$10 to £/€/$25.

Naturally, if you're a novice, then you will want to lean towards the lower end of the spectrum. If you're a more experienced punter then you should look towards the upper end in order to maximise your returns.

With more than 50 matches on offer, Euro 2016 will be a veritable footballing feast. As a viewer this is fantastic, but as a bettor it means you have to be careful not to overstretch yourself.

Sticking to the 2% to 5% rule is the best way to ensure you have enough cash to make it through the event without going broke before the final. These limits also allow you to make a healthy return on your investment each time you win.

How to Stretch Your Euro 2016 Budget

What can you do if you want a little more from your Euro 2016 bankroll? The answer is simple: bonuses. Online football betting is always awash with bonuses and promos and Euro 2016 will be no different.

As the world's leading bookmakers will be following the action, they will all be primed to give away more free cash in the form of free bets, no lose offers and enhanced odds.

Taking advantage of any and all offers is the best way to stretch your betting budget. If you break it down, the power of a bonus is this: each bet you make will unlock a free bet of an equivalent value that, in basic terms, doubles the value of your bankroll.

For example, imagine that William Hill is offering a free £10 bet when you wager £10 on England. This bet means you're essentially taking £10 and turning it into £20.

While you won't be able to claim a bonus on every bet you make, you may want to be prepared to ante-up on teams or outcomes you may not normally speculate on in order to claim a bonus. Doing this will stretch your bankroll even further and potentially take your bankroll to new heights.

Where to Find the Best Value

The best way to stick to step two on our three-step guide to Euro 2016 betting success is awareness, timing and a willingness to ante-up.

Fortunately, thanks to Gambling.com's network of bookmaking partners and regular stream of news articles, you're already in the best place to find the best Euro 2016 bets, including:

  • Welcome Bonuses
  • Free Bets
  • No Lose Bets
  • Enhanced Odds
  • Acca Insurance

The reason it's important to keep tabs on the action is because value can often pop up without much notice. To ensure you always get the best deal, stay alert at all times throughout the competition.

Before you head off into the Euro 2016 betting world with a head full of knowledge, here's a quick look at the top three offers out there right now:

  • NetBet Sports - Join NetBet today and you'll get a free bet worth up to £50 when you enter the code "WELCOME50" and make your first deposit. The bonus is based on a 50% deposit multiplier.
  • Coral Sports - To celebrate the European Championships, Coral is giving away £20 in free bets when any new customer wagers £5 on a Euro 2016 match.
  • Ladbrokes Sports - If you're looking for a better return on your investment, then Ladbrokes' enhanced odds for new customers is your best bet. Here you'll find boosted odds such as 8/1 on Germany to be the top scoring team in Euro 2016.

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