Thursday 13 September 2012

What's the most common mistake in Sports Betting?

By Jack Hobson


Most players have tried wagering at some point in life but there are those who like the excitement and for some it becomes a favorite pastime. If you are a bettor who loves sports betting, or you are fascinated by the excitement in wagering, you will like the betting services that are available today. On the contrary, it is one of the worth mentioning concern is that, the big majority of sports bettors are going to lose money. About 90% of sports punters will lose money over the course of the year, but that does not slow down gamblers from placing bets on sports it is the most popular idea among the bettors. When those bettors eventually go broke and cannot place bets any more, there's always another player waiting to occupy their place in line.

There are many reasons why most of the sports gamblers lose their money in betting. Among the reasons the number one problem most sports bettors lose is not due to bad predictions, but instead is due to poor money management. There are far more sports gamblers who can pick winners than the ones who can generate money, and money management is solution. Moreover, betting $50 on one game and $500 on another is a sure way to find yourself separated from your cash on long term, just as placing 50-percent of your bankroll on one game will eventually result in a disaster. A sports punter can win a few games when wagering more than they should, but eventually the loss, or losses, will come and the punters ends up in trouble.

It's no secret that football and basketball are the two sports that receive the majority of the betting money, just as it's no secret that most long-time sports bettors will say those two sports can be classified as toughest sports to show a long-term profit in. The sport of choice for most expert playerss is baseball, which is ranked well below the top two sports in the amount of money received. Hockey is another sport that dozens of long-time bettors believe can give the sports gambler an advantage over the sportsbook, but hockey is bet less than even baseball.

Most sports punters know just enough to make them dangerous, as there is a big difference between being knowledgeable in the NFL and being knowledgeable in NFL betting. Being able guess the starting offensive line for the Dallas Cowboys won't help a gambler win a bet. What many sports gamblers don't get is that they're actually placing bets against other bettors who spend countless hours on handicapping, studying trends, injuries, and betting angles. This is a relatively new one for sports bettors to deal with, as many online bookies now have casino-style gaming, which is too much for some sports punters, including some very good sports punters, to walk away from. I've known many solid sports bettors who will generate a profit every week, but give that money back, plus a little extra, playing the casino games their bookmakers provide. There's always the legal concern of online casinos to worry about, as well.

If you are interested in a particular sporting competition and believe that you can pick well, you can make some quick bucks if you acquire enough knowledge about the sports betting as well. Moreover, one thing you have to remember that, there isn't any one key in becoming a winning sports bettor, but those who practice money management, spent some time, and practice discipline, are usually one step in front of the majority of sports punters.




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