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Take advantage of bookmaker promotions: Many bookmakers offer promotions, including welcome bonuses, special promotions for major events, or partial refunds on losing bets. These promotions can give you extra capital to experiment with your bets without having to worry about losing money.

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Odds for this type of bet typically range from 5:1 to 10:1, depending on the nature of the match. Tight matches with lots of fouls can have high odds for red cards.

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Splitting your bets is also a way to reduce your risk. Instead of placing a large bet on a single event, you can split your money and bet on several different events. This not only helps you protect your capital but also creates more chances of winning. Spreading your bets wisely between events will help you limit your risk of loss and increase your ability to make a profit.