Too Much Too Soon
One of the most common mistakes I see in sports betters is making too many bets, for too much money. Everyone wants that “big score”, 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’ll lose your hard-earned money. It’s extremely important to pick your spots when placing wagers. Don’t make a bet just because the game is on TV, or because you’re bored. Only bet on games that you have researched properly and have identified an angle that gives you an advantage.
Don’t “Parlay Away” Your Bankroll slot online.
Keeping up 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 but parlays – I think they can offer some good value and are a fun way to gamble with a lower risk, 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, provided you don’t get carried away.
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 sports book account and lay down a large chunk of your bankroll on games that you didn’t even have a strong opinion on. I have made this mistake on several occasions, and 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”). This is another mistake I’ve been guilty of making in my gambling lifetime.
A good way to avoid these scenarios is to plan ahead. The schedules for all 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. It’s not glamorous work, but your bankroll will thank you for it.
Best of luck, and please gamble responsibly!
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