Top 6 worst mistakes on sports betting
Sports betting is considered to be one of the most interesting entertainments associated simultaneously with excitement and sports competitions. Every day, bookmakers, such as http://pin-up.bet and other sites, make thousands of bets, some of which bring winnings to betters, but more than half of the bets end up losing. It is curious that many bets are lost, including because of the miscalculations of the players themselves. The mistakes that novice players tend to make by betting on sports will be discussed further.
Unshaken confidence
Unreasonable confidence in one’s own forecast is one of the most common mistakes. Very often, there is simply no clear prediction – the player is confident that the event will end with the outcome that seems most likely to him. In such situations, the better is inclined to make large bets, sometimes even allowing himself to go all-in. Needless to say, much of these bets end up losing. There can be only one advice here – do not risk a large amount of money, even if it seems to you that sports betting will be advantageous.
Love for high odds
The pursuit of high coefficients can be safely put in second place in the ranking of common mistakes. It seems to novice players that if you bet on sports on outcomes with large coefficients, then profits will override all expenses. In fact, it is not. If the bookmaker exposes a high coefficient (or raises it after the start of betting), this means that this outcome really has little chance of passing. Choose outcomes with average coefficients.
Watchful game
Curiously, overly cautious players also regularly receive losses on prisoners wagers. By making sports bets on outcomes with minimal odds, you, of course, reduce the likelihood of losing, but not so much that this strategy will pay back the bad bets. And they will still happen, as events with low coefficients do not win as often as required by statistics. Therefore, repeat, give preference to the average coefficients.
Betting for everything
Sports betting on the principle of “for everything” is another common mistake. The motives for which a player begins to risk money in events of which he knows little can be completely different, but the result of such an activity is the same – a loss on most bets. Select only those events for which you can make an analysis.
Gambling addiction
The most difficult problem, which can hardly be called a mistake, is unchecked excitement. Sports betting is a gambling entertainment, which in some cases leads to the development of gambling addiction. If you feel that the thirst for betting prevails over the mind, immediately seek help from specialists. At the very least, report your problems to relatives or close friends. Gambling addiction can lead to the complete loss of all money and significant debts.
Failure to keep track of all sports bets
Sports betting at bookmakers requires compulsory registration. Even if you play for fun, some elements of control over the bet will be completely superfluous. And even more so it is necessary to keep records of rates, if you aspire to become a professional forecaster. All sports betting should be considered as an investment with an individual level of risk and the amount of possible profit. Given that the player makes a large number of bets for a long period of time, it is impossible to remember the results of all bets. If, however, we consider a player’s activity for several months or a year, then without taking into account the bets it is difficult to understand, what bet on which events and outcomes were advantageous and which, on the contrary, ended in failure.