New sports players have a hard time earning cash because they make some fundamental mistakes which really hurts their win percentage. However, don’t be discouraged because these rookie mistakes can be easily avoided just by being aware of them. Check out the most common sports gambling errors below.
Zero Bankroll Management
If you want to succeed wagering on sports the first thing you need to do is create a bankroll. A bankroll is a portion of the money that you only use for gambling. You need to protect and care for this bankroll and be extremely disciplined. Gamblers who do not take care of their bankroll go broke very quickly! To practice safe bankroll management you should bet a maximum of 2% on each wager. For example, if your bankroll is $100 then you should only bet $2 each gamble. By only gambling 2% you significantly reduce your risk of going broke as you can get unlucky over multiple wagers and still have a healthy amount of money to gamble with!
Not Shopping Around Wagering Sites
Not all sportsbooks are created equal. Some offer amazing bonus deals worth hundreds or even thousands and amazing above market odds while others won’t even give you any promos and have limited betting markets. Before you sign up at a sportsbook ensure you compare multiple sites to find the very best deals. Also if you want to act like a pro you should set up multiple accounts at different platforms so you can claim their new players deposit bonus!
Ignoring The Live Gambling Markets
While you can certainly find value in traditional sports betting markets, more and more professional gamblers are focusing on live betting as they have found more value. With live wagering, the odds are constantly updating as a sports event progresses and develops. This dynamic odds system makes it very hard for platforms to consistently set correct lines. If you become an expert in live gambling you will be able to find lots of great value bets and raise your win percentage by a large margin!
Placing Bets Based On Emotions
Losing money never feels good! However, what separates amateur gamblers from professionals is the ability to stay cool, calm, and collected even when they are losing large sums of cash. No matter if you are losing or winning you need to continue to place logical bets based on your research. If you spot that you can’t control your emotions and are chasing losses then you should take a break and only return to betting once you are in a positive and calm state of mind.
Avoid These Mistakes Next Time You Wager on Sports!
Next time you make a wager, don’t make any of the mistakes we described above. If you are disciplined you will quickly notice a big boost in your performance!