Mistakes made when betting on sports – and how to avoid them

Sports betting is often considered to be the more legitimate cousin to casino gaming, and it’s understandable why it is seen in this way. While roulette betting can turn joy to despair at the spin of a wheel and the random fall of the ball, a successful sports bet can be the result of research, intuition and patience. It’s not hard to see why some people are attracted to this type of betting in a way that they are not to casino gaming.

However, with the greater degree of player involvement in sports betting comes a greater degree of responsibility for getting it right. When you’ve gone through the process of looking at the best sites on sitesnotongamstop.com, you then have to be responsible for picking bets that can deliver the right results. And where there are choices to be made, there is the scope for mistakes to be made also. We’ll look below for ways to make sure you don’t make those mistakes.

Expecting early success to be sustained

When you make a bet and it comes off, the delight that this generates can be quite potent. It can also make you think that this is what betting is like all the time, and drive you to try and regain that feeling. Not only that, but it can make you think of how things could be if you won all the time. But you won’t win all the time. Even if you make what you consider to be “sure” bets, they’ll miss every so often. Nobody realistically thought Greece would win Euro 2004, or that Leicester City would become English champions in 2016. You can’t predict everything right, and if betting becomes something that “has to” work for you, you shouldn’t be doing it.

Spreading things too wide and too thin

When you’re first betting on sports, your temptation will be to make more bets, giving you more chance of winning at least a few times – or so you think. But it is more important that you actually think about the bets you are making, research them before placing them and then track how they go for you. Making a lot of bets at once results in a “set it and forget it” mindset, and you have to be accounting for every penny that you put with a bookmaker. There is nothing more certain – if you make more bets than you should be making, you’ll start to make mistakes. Keep it calm, and ideally list every bet in a spreadsheet for easier tracking.

Thinking a parlay will make you a profit

The formula behind betting is simple enough. Your stake multiplied by the odds makes your winnings. So if you want to make more from a bet, you can either raise the stake or the odds – and we don’t want to risk too much money, so we look for longer odds. One way to achieve this is to bet on the outcome of multiple events at once – like, for example, half of the NFL fixtures in a single weekend – in a parlay or accumulator. You can look at the list of games and think that you could easily pick the winner in at least eight of them – but you’d be amazed how often this falls through. Stay away from accumulators – they promise more than they ever deliver. It’s better to bet a little more on outcomes you’re really sure of.

Categories: Earn Money Online

Leave a Reply

Your email address will not be published. Required fields are marked *

May 27, 2022 Mistakes made when betting on sports – and how to avoid them