How to Bet Properly: The Biggest Betting Mistakes to Avoid

Learning from your own betting mistakes is the cornerstone of the further success. If you are not conscious enough, your bookmaker will be laughing at you, and it will be the last one who warns you about your constantly made mistakes.

Therefore, we brought you the most popular betting errors, because betting is not only fun but also can increase your profit if you do it in a superb way. And we would like you to do it like that.

The Biggest Betting Mistakes to Avoid NR1: Lack of Money Management

May be our first point is not surprising, everything is based on your money management, and of course your luck. All the way through your betting activity, sticking to your original plans is a must. Otherwise you get easily carried away by the possibilities and the next step is the total failure; you lost everything. So you should set up a betting strategy, and decide what percentage of your bankroll you want to wager daily, weekly and monthly. If you never change the plan you will be fine.

The Biggest Betting Mistakes to Avoid NR2: Betting Aggressively

Even if you have a bad day, and you think you are the most miserable guy in the whole world, stop feeling sorry for yourself. Experimenting with bigger amounts to bet is the worst thing you can do. Although it is a natural and understandable response to your unlucky sessions, this is the time when having a ‘bet rest’ is the perfect choice. Working on your self-discipline will help you here. Be strong, go to sleep and try that tomorrow.

The Biggest Betting Mistakes to Avoid NR3: Betting on Too Many Games, Lack Of Discipline

This point is related to the previous one somehow, especially in terms of self-discipline. The more games you bet on, the more risk you are subject to, since all of these games are demanding your bankrolls. But remember, you have already done your money management in the first point, so keep it up.

The Biggest Betting Mistakes to Avoid NR4: Being Deceived by Marketing and Tv Ads

Don’t be like an old retired lady who is sitting in front of the TV all day, buying everything from Teleshop because it was told to her. Be smart, and don’t spend your money on useless deals. Remember the golden rule, the really good things don’t demand guerrilla marketing.

The Biggest Betting Mistakes to Avoid NR5: Being Greedy and Wishing Instant Prosperity

Betting is not a horse race but a long term investment. That’s why professionals rarely bet on multiple bets. This makes the ‘tiny’ difference between a beginner and an advanced punter. If you are visiting a bookmaker as a beginner, you have to forget about the imaginary ‘Immediate Wealth’ button. Bookmakers often want you to take multiple bets because that makes the highest profit, but not for you. No harm to know this at the beginning.

The Biggest Betting Mistakes to Avoid NR6: Stupidity, Laziness and Lack of Proper Research

As the popular golf player, Gary Player said, ‘The harder I work, the luckier I get’, you should know the same when you are betting. Most punters are too lazy to do research or overhaul the best possibilities. Therefore, they made plenty of financial mistakes and ‘no chance’ bets. So the effort you take is the tool in your hand, because every wager you make need to be well thought out. If you don’t agree, try to learn from your mistakes at least to avoid being labelled stupid among your wagering fellows.

The Biggest Betting Mistakes to Avoid NR7:  Forgetting to Cash Out

Guarantee yourself a certain amount of money during betting, that is what cash out for. When your bankroll hits a certain amount, plan ahead and make sure you will win something by withdrawing some of your hardly earned profit.

The Biggest Betting Mistakes to Avoid NR8: Ignore Line Shopping

Finding the best value odds of your sports bet is a real challenge, however not a category of ‘mission impossible’. Shop around and check as much sportsbooks as possible to find the best place where to take your bet. You can read our online sportsbook reviews to start your odyssey. If you want to buy a Volvo, would you get the first car you see or conduct a bit more research as you compare different models? Betting is the same. So don’t forget to pick a line (money, spread or total) and compare it with some several other sites. Believe us, it is worth doing it.

So there are our easy to follow tips for beginner bettors, but if you need more information about the betting business, read our online betting guide and do take your bets in a professional way.