The 3 Biggest Sports Betting Mistakes and How to Overcome Them
Sports betting has grown dramatically in the last few years and in may ways its changed the face of sport forever. Professional punters are making millions by simply betting on their favorite sports. For many its just a fun thing to do to add a bit more excitement to the game. Although betting is always a game of chance, there are those who see it in a more scientific light and these are the people who not only win more, but they lose less.
There are 3 big reasons why many most people lose big when they bet. Here are those 3 reasons and how you can sidestep it.
1. Betting On Your Favorite Team
Apart from doing fun bets, you should never bet on your favorite team. The reason for this is that you will be emotionally involved and if you want to make wise betting decisions then you need to bet solely based on cold card facts. Hoping that your team will win and betting money on that is a formula for failure.
2. Betting More Than You Can Afford To Lose
The golden rule of responsible betting is to never bet more than you can afford to lose. When you think you are going to hit it big with a "sure bet" you are far more likely to make bad decisions when you place your bets. Remember that this is always a game of chance and there is never a sure bet.
3. Betting On Tips
Horse racing is riddled with this and its prominent in virtually all sports. If you have a friend or family member that is an "expert" at sports betting, don't bet based on his tips. Tipping is a sure fire way to lose and even when the person who supplies you with the tips are an expert.
Sports betting has grown dramatically in the last few years and in may ways its changed the face of sport forever. Professional punters are making millions by simply betting on their favorite sports. For many its just a fun thing to do to add a bit more excitement to the game. Although betting is always a game of chance, there are those who see it in a more scientific light and these are the people who not only win more, but they lose less.
There are 3 big reasons why many most people lose big when they bet. Here are those 3 reasons and how you can sidestep it.
1. Betting On Your Favorite Team
Apart from doing fun bets, you should never bet on your favorite team. The reason for this is that you will be emotionally involved and if you want to make wise betting decisions then you need to bet solely based on cold card facts. Hoping that your team will win and betting money on that is a formula for failure.
2. Betting More Than You Can Afford To Lose
The golden rule of responsible betting is to never bet more than you can afford to lose. When you think you are going to hit it big with a "sure bet" you are far more likely to make bad decisions when you place your bets. Remember that this is always a game of chance and there is never a sure bet.
3. Betting On Tips
Horse racing is riddled with this and its prominent in virtually all sports. If you have a friend or family member that is an "expert" at sports betting, don't bet based on his tips. Tipping is a sure fire way to lose and even when the person who supplies you with the tips are an expert.
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