What are the Most Common Mistakes Football Bettors Make?
So, you have decided to make the next step in your football betting career and evolve from being a casual bettor to becoming a professional of sort?
Well done and good luck. We support your effort and offer you a chance to have a look at several key aspects every bettor should consider before plunging into a tricky world of football betting.
Understanding the potential mistakes most bettors make while betting on football will definitely help you get off to the right start.
Knowledge is the key with betting and that is a universal truth. Acquiring football betting knowledge is imperative for any punter and that is one aspect of football betting that cannot be neglected.
Football knowledge is much more than just analysing stats and numbers, however, it is more about understanding the character of teams and going in depths with a competition you plan to bet on. Getting the football betting knowledge is a process aided by watching as many games as you can and being diligent in collecting all the relevant information during transfer windows, off-season and during the competition.
Poor Money Management
You may be the most confident punter in the world and a football encyclopedia, but your betting process will not be successful without a proper money management strategy. Sound money management plan will help you achieve success in the long run as it is of crucial importance to always remain within the set budget – daily, weekly or monthly.
One of the most important things that can have a negative impact on your money management strategy is chasing losses. Losing in rows – just like winning for that matter – hasn’t got anything to do with luck, fortune or faith and you better remember that there are no guarantees when a losing streak will end. Your mind will play tricks with you as it is in human nature to believe that any streak – negative in particular – has to come to its end sooner or later. Well, sooner is better than later in betting which is why it is you who need to make sure big losses are avoided by knowing when to stop.
Neglecting the Value Bets
Finding value bets can be key to successful betting, but most punters and bettors tend to ignore this aspect of football betting. Bookmaking is a competitive business and betting operators will not always offer the right price for a match you know – based on your extensive knowledge – will go a certain way. This is where value kicks in at a situation where the odds on offer does not reflect the actual probability of an outcome occurring. Use your knowledge to find value bets and you will not regret it.
Making Emotional Bets
Emotions tend to compromise your gambling routine and discipline, which is why it is so important to leave your emotions aside when betting on football. You will unwillingly and unknowingly have a biased approach towards betting on teams close to your heart and finding the value bet in these types of games cannot be achieved. Emotions tend to blur our view and mislead us, and all bettors who plan on becoming good and skilled at football betting must learn to switch them off.