Ask any sports bettor and he will tell you that the value of quality information and knowledgeable helpful advice can never be overstated. The wisdom shared by other experienced bettors can often result in the difference between winning and losing. However, on the Internet with such vast amount of information available, not all sources of information are equally reliable. Similarly, every advice you get is not worth listening or applying to your approach to sports betting.
As a sports bettor a skill you need to nurture is how to filter the sports betting facts and opinions in a way to find beneficial knowledge. Sharp bettors have typically acquainted themselves how to navigate through the misinformation, but for beginners, it’s not so easy. This is why it is important that novices learn to recognize a dependable voice of reason.
It is not their fault that they cannot recognize the reliable information sources from the others but there are ways to avoid the hiccups. As it is not easy to pinpoint the sources of these misinformation as sometimes even popular media personalities can make mistakes. With the reach of social media being so abundant even wrong advices and tips spread like wildfire. To help you avoid these mistakes, we have listed the most commonly shared worst pieces of advices that new sports bettors must be aware of.
- Your Bankroll Is Too Small
Sports betting is a transparent industry when it comes to providing opportunity to people from different financial situations to participate. This is why it should never matter how much or how little you are putting on a game, your approach is what matters.
Anyone who dismisses a gambler on his bankroll size is someone you must always ignore. Yet, for some reason you will find this type of people in plenty in the sports gambling community.
When you are starting out as a beginner then your primary focus must be on addressing your budget. You cannot keep spending money without a strategy as it is the recipe for getting bankrupt. Instead, focus on learning proper bankroll management that most sports bettors struggle with throughout their lives.
This is why when a novice starts smally, it is ideal way to avoid early, devastating losses. This is a responsible gambling habit that must be praised not criticized.
Also, keep in mind that it is no one’s business to know about your bet size. Keep the amount to yourself and don’t discuss with anyone how much money you place on wagers.
- “Believe me this bet can’t lose”
Confidence is a skill that a gambler must appreciate as it allows him to have the courage to bet on potentially high-risk wagers. However, the idea that any wager is a lock that cannot lose is inaccurate factually.
As a sports bettor, your confidence should come from all the leg work you are putting into deciding your bets. Preparation and research are essential, but sometimes it is not enough to win certain bets which is why you stay away from advices that suggest a definite win.
Every sports wager has a chance of losing, regardless of how positive the odds are. It is often seen that overconfidence leads gamblers to bet a substantial amount of money. But when the bet doesn’t come through it can take a severe toll on the bankroll.
- Phony “Experts” With Cost You Double Money
The so-called “professional handicappers” are the single most-common source of erroneous and terrible gambling advice. While it is not to say that there are no legitimate and well-respected professionals out there but there are too many deviants too.
By taking advantage of uninformed gamblers, such handicappers make money easily as they know beginners are much more gullible than experience professionals. These types of gamblers scam beginners in many ways but most common methodology is to sell picks for a price.
You will often find these handicappers bragging about their unbelievable winning percentages and unit increases. Usually, it’s a lie and the past results shared with you are doctored to improve the records.
This is why you will find that the idea of buying picks, even from professional handicappers is somewhat polarizing topic of conversation.
Not only you are susceptible to loosing money that you pay for such picks but you are most likely end up losing money on the wager as well. This is why properly vet a handicapper before you buy picks or take advice from them.
- More Wagers = More Profit
For whatever reason, the worst sports gamblers are often the most vocal. The only thing higher than the number of terrible pieces of advice they offer is the number of wagers they lose monthly.
One of the easiest ways to spot someone like this is by analyzing their betting volume. A mark of a genuinely horrid, degenerative gambler is the tendency to bet on every single sporting event.
While this method of gambling can be exhilarating, it’s rarely profitable. Wagers should only be placed after they are thoroughly researched and shopped around.
When gamblers engage in high-volume betting, they tend to stretch themselves too thin. Instead of putting enough thought into bets, they expose themselves to making careless mistakes.
Gamblers, especially inexperienced ones, should prioritize quality over quantity. Failing to do so is doing yourself a disservice.
The satisfaction gained from monitoring a single winning bet is superior to watching an overabundance of picks go down the drain.
Low volume betting might seem slightly boring at first. But once you establish a good routine, you can start steadily increasing your number of wagers.
- When All Else Fails, Go With Your Gut
Certain lines and potential wagers have a way of baffling sports bettors. Often, these particular bets come down to a missed free throw or a shanked extra point.
Sports gambling is an inexact science that forces bettors to consider several variables that go into matchups.
Still, it’s impossible to know what will unfold once your bet is placed.
Those precious moments spent contemplating which side of a bet inspires confidence are when gamblers win or lose money.
In these few seconds of uncertainty, smart bettors often defer to logic and reason. Other less successful gamblers opt to toss logic aside and go with their gut instinct instead.
Gambling can sometimes seem counterintuitive.
Whereas it’s advisable to trust your instincts when handling most situations, sports betting is not one of them.
Sports gamblers are often influenced by certain factors not conducive to profitable betting.
These factors include:
- Gambling Fallacies
- Rooting interests
By trusting your instincts instead of empirical evidence and data, you allow these influences to take control.
- Sports Betting Systems Don’t Work
There are a few misconceptions amongst members of the gambling public regarding the legitimacy of betting systems.
Contrary to popular belief, a betting system is nothing more than a gambler’s method or strategy.
These systems often take shape after a significant amount of time, energy, and research. Systems vary based on the gambler in question and are subject to constant adjustments. Sports betting systems often get a bad wrap due to a few bad apples. Unfortunately, there are several systems that have gained notoriety in the sports betting community.
This infamy is often due to user error or the system in question being completely ineffective. Either way, many gamblers have been burned by them in the past.
While I can’t argue that individual systems are useless, denying their place in the sports betting process is misguided. Simply stated, betting systems enable gamblers to both monitor results and improve over time.
- All Sports Betting Sites Are the Same
Arguing that every sports betting site is the same is like saying every casino is the same.
Casinos might feature the same types of games, but playing blackjack at the Venetian is slightly different than doing so at Circus Circus.
Despite the obvious flaw in this line of reasoning, certain gamblers still stand by it. But like traditional casinos, no two betting sites are the same.
Sports betting sites often vary in quality, dependability, and professionalism. For the most part, these websites are worthy of anyone’s business.
The surplus of quality websites can serve to benefit sports gamblers in several ways. Not only will it make for a better gambling experience, being active on multiple sites helps ensure you’ll find the best lines and odds.
As someone brand new to sports gambling, an obvious first step is to search for helpful advice around the internet and the gambling community. Even if your intentions for doing so are inherently good, they might not be rewarded.
In fact, that pursuit of information sometimes does more harm than good. Terrible gambling advice is just as prevalent as the terrible gamblers offering it. Those utterly oblivious to what constitutes sound gambling advice might even believe this misinformation.
A good rule of thumb is to not pay attention to someone who criticizes the amount you’re gambling per wager. Responsible gambling habits are somewhat of a rarity among new sports bettors and should be applauded. On a similar note, keep your betting volume low. More bets might add excitement to your week, but it’s more likely to drain your bankroll.
No matter how confident someone is in a wager, there is no such thing as a guaranteed lock. Always be wary of these picks, especially if they’re coming from certain “professional handicappers.”
If you find yourself questioning something you hear or read, always verify it with multiple sources.