Sports Betting Tips

Common Mistakes Made by Sports Betters

This will be one of the more important articles you can read here at SportBooksReview.  I'm not trying to preach to you, or tell you all the ways you're doing things wrong--we're all here to win money together.  The tips we're offering on this site, and in this article in particular are critical to your long term money-making success.

Too Much Too Soon

One of the most common mistakes I see gamblers make is making too many bets, for too much money.  Everyone wants that "big score", the payday that can take care of your financial worries all at once.  The problem with swinging for the fences in the gambling world is simple: if you don't win your wager(s), you lose your hard-earned money.  It's extremely important to pick your spots when placing wagers.  Don't just make a bet because the game is on TV, or because you're bored.  The convenience of online sport books makes it easy to place too many bets, but you should only bet on games that you have researched properly and have identified an angle that gives you an advantage. Discipline is CRUCIAL to your success.

Don't "Parlay Away" Your Bankroll

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Keeping with the "big score" theme, another common mistake gamblers make is placing too many parlay wagers, and betting too much money on them.  I'm not an ultra-conservative who would tell you to never bet parlays--I think they can offer some good value and are a fun way to gamble with a lower risk to high reward opportunity.  The problem arises when you start putting together parlays with 4, 5, 6+ games on them.  Remember, you need to be correct on all your picks for a parlay to pay you, so the more games you add, the less likely you are to win.  Don't let the big potential payday lure you in.  Every once in a while is perfectly OK, of course, just don't make a habit of it.

Avoid Hungover or Angry Betting

We've all been there.  You wake up on a Sunday, hungover and running on barely any sleep, with less than an hour before the early NFL games (or NBA, MLB, whatever) kickoff.  Without much thought or any research at all, you log into your sport book account and lay down a large chunk of your bankroll on games that you didn't even have a strong opinion on. I don't think I need to tell you that the results are never pretty.  A similarly disastrous situation occurs when placing a bet while angry (likely as a result of losing a bet on a "bad beat").  Raise your hand if you're guilty of that one...don't lie.

A good way to avoid these scenarios is to plan ahead.  The schedules for all the major sports leagues are released way in advance, making it possible to scout games in advance and identify good opportunities days in advance.  You can either place your bets early, or wait it out to see if there is any line movement, but the point is that when you wake up hungover or angry, with little time to spare, you will already have your bets identified.  All you have to do is log into your sports book account and lock them in.

Check out more of our sports betting tips articles to become a smarter sports better. Knowledge is power, folks.  Best of luck, and please gamble responsibly!

--ajec

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