These common sports betting mistakes are limiting your bankroll from actually growing. I have seen many sports bettors making these key mistakes for years.
Did you know that a lot of these mistakes can actually be cleared up. It just takes a little bit of work. Once, you stop making this stupid mistakes your bankroll will grow much quicker.
00:00 Introduction
00:37 Bankroll Management
01:57 Betting Under The Influence
02:30 Chasing Your Losses
03:29 Research
04:13 Limit Your Daily Bets
05:28 No Emotional Bets
06:45 Loading Up On Teams
08:07 Sharp Money Isn't Research
08:42 Getting In To Late
09:24 Best Prices
10:16 Don't Listen To Your Friends
Bankroll Management
You have to start managing your bankroll like you do your personal finances. Only bet 1-3% of your bankroll when placing wagers. It’s a slow consistent approach that actually works.
Here is a video on bankroll management:
• Sports Betting Bankrol...
Betting Under The Influence.
So many sports bettors make this mistake. Being under the influence doesn’t help you in making smart decisions. Relax when you are out at the bars and don’t make bets when you’re under the influence.
Chasing Your Losses.
Honestly, as a sports bettor, you are going to lose a lot. The top sports bettors win 60% of the time. You have to be strong enough to accept a loss and not try to recover your losses. A lot of newbies lose their entire bankroll this way.
Research Is Vital
It’s vital you research every wager you are going to place. You are making financial decisions and you need to have actual numbers which support you’re betting decisions. I can’t stress the importance of researching prior to placing any wagers.
Limit Your Daily Bets.
A lot of sports bettors place way to many wagers each day. It might feel good when you are hot, but once you get cold you will lose a lot of money. Limit your bets to 3-5 a day.
No Emotional Bets
Girls make emotional decisions. Not that there is anything wrong with that. I got love for my ladies! Guess what they are not always the smartest decisions. Don’t make bets based on your emotions.
Loading Up On Teams
If you rely too much on one team and various bets all on that one team; that is a huge mistake. Every team, even the most dominant ones have cold streaks where they place poorly.
Going With The Sharp Money.
The sharp money isn’t always a smart idea. In fact, there are a lot of sports bettors who are actually pretty stupid. Don’t just go with a bet because everyone else is doing it.
Getting In Too Late
If you get in on a wager to late learn to pass on it. When the line moves and you didn’t get your wager in time you are losing income potential. Learn to say I missed the boat.
Best Prices.
You have to check different sports books for the best prices. This can be a huge impact on growing your bankroll. I use Odds Jam which scrapes different sports books. Then, I place the bet with the best odds and prices.
I have done a video on shopping for the best prices here:
• Line Shopping In Sport...
Also, check out this video on positive EV betting:
• What Is Positive Expec...
Don’t listen to your friends. Your friends don’t always have the best sports betting advice. As much as they think they do they probably don’t make a lot of money from it. So, stop listening to your friends advice about sports betting.
Scammers or Scamdicappers
This wasn't mentioned in the video. Nothing wrong with paying for picks. However, there are some real phonies out there! Make sure they are a creditable handicapper, though!
Did a complete video on it here:
• Sports Betting Scams -...
Start Slow
This wasn't covered in this video either. But, nothing wrong with starting slow when betting on sports.
Did a video on it here:
• How To Start Sports Be...
Links:
Oddsjam: fas.st/t/whze3tCX
FanDuel: fndl.co/19hnjf2
Негізгі бет Sports Betting MISTAKES THAT ARE KILLING Your Bankroll Quickly
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