Common Sports Betting Mistakes Part 2

When you are trying to become a successful punter, you need to look not only at what you should be doing, but also at what you should not be doing.  There are so many mistakes rookies make which cost them money.  Even if you are having a hard time learning the ropes with sports analysis, just avoiding these mistakes will help you to excel.  Be sure to check out Common Sports Betting Mistakes Part 1 if you haven’t already.  Otherwise, read on to find out more common rookie errors you may be making.

• Thinking you can buy success.  All too often, rookie bettors think that they can purchase winning picks from sharps and simply piggyback their way to success.  Why would anyone not do this if it were that easy?  You can buy helpful picks, it is true, but you cannot rely on someone else to do the work for you every time.  Even the sharps screw up.  A lot of the “sharps” are blunter than they’d have you believe.  Not everyone selling a betting strategy or a set of picks really knows what they are doing.  Shortcuts won’t help you succeed over time; they will only drain your bank balance. 

• Siding with the public.  Betting with the public rarely gives you access to a good deal.  The public is quite often completely wrong about any given match as well.  So you may lose your wager, and even if you do not, you probably still won’t get a great value. 

• Believing every word the “sharps” say.  On the other hand, the public isn’t always wrong, and the sharps are not always right.  There are matches which the majority of sports pundits said would “definitely” go a certain way and which do the complete opposite.  They happen every year, so these situations are hardly uncommon.  All too often, though, sports betting rookies assume these events are rare—or just flukes.  But sometimes a player or a team turns things around in a way no one saw coming.  But if you do, and you have sound analysis backing it up, you should go with your gut and your reasoning, even when the pros don’t agree. 

• Getting involved with too many wagers at once.  Many sports punters get very excited about betting, and want to jump into as many opportunities as they can.  This is not necessarily the path to making more money, however—it is often the route to overextending yourself.  When you do that, it is hard to reason through each of your bets or keep track of your money management.  Don’t take on more wagers than you can handle.

So now you know some of the most common mistakes that new punters make, but they are not the only ones.  Even casual bettors who have been wagering for some time make these mistakes as well.  If you can avoid them, you will lose a lot less, which is the first step to winning a lot more.