We all make mistakes, its part of being alive. But don’t sweat it; the trick is to simply learn from mistakes and never make them again. That’s the key to getting better at something, and eventually becoming a bonafide expert.
In a scene as complicated as the betting world, making mistakes is likewise inevitable, especially when you’re new to the scene and unfamiliar with how it all works. But, again, simply learning to avoid the same mistakes will quickly have you on the road to becoming a bet making professional. Lets’ take a quick look at some of the most commonly made mistakes in the sports betting world.
Betting Too Frequently
There is a load of options to bet on at an online bookmaker, and anyone can get caught up in the trap of making a new bet every five minutes. Hey, we don’t blame you, making bets is fun, and with all that potential it probably seems like a good idea to make as many bets as possible. But, a smart bet maker will know that betting too frequently is a one way ticket to having empty pockets.
That’s not to say that you shouldn’t make a lot of bets, just that you should put a lot of time and thought into every bet placed. It’s generally a much better idea to place one well thought out bet a day, or even one a week. Place less bets, but much more thoroughly thought out bets.
Heart Versus Head
You probably have a favourite sports team, and love to show your support by placing bets on them to win. But is your love for a sports team more important than having cash in your pocket? We say; absolutely not. Betting with your heart is good fun, but betting with you head is much more lucrative. So its not just about your team, but the best performing team when you’re eyeing lucrative AFL Grand Final betting options.
Instead of supporting your favourite team blindly, rather take your extended knowledge of them and use it wisely. Perhaps you feel like your favourite team is due for a loss, in which case it is wise to place a bet against them. Trust us when we say your team would understand.
So you’ve lost a few bets, and are starting to feel the sting in your wallet. Is the smart approach to make your next bet extra big, in order to make up for cash lost? Absolutely not. Trying to chase money you have lost is an endless pitfall, and likely to make you broke very quickly. The losses can be made back, but only with smart, carefully thought out bets that wont break the bank if failing.
There are always going to be losses in the world of bet making. Keep this fact in mind, and continue to bet wisely. Some money is going to be lost, and some going to be one. The trick is to keep your profits ahead of losses, without ever deviating from an intelligent betting plan. If you feel like you’re hitting a losing streak, take a break, gather your thoughts, and try again in a few weeks.