It’s a known fact that sports bettors are most likely to lose money. Around 90% of sports gamblers tend to lose money every year, but people continue to wager on sports. The key to winning money is discipline, if you use bad gambling tactics, the chance of losing money increases. Whereas if you bring discipline in sports betting then you get better control over your bad gam
bling tactics. Here are the top reasons why the majority of sports bettors lose money:
Poor Bankroll Management
First, you should consider what type of investor you are. Are you experienced or a beginner? The answer to this question will assist you to analyze the size of your typical bet. This is known as your betting unit size. There are always specific match-ups and points that deliver higher value. So at betting sites here look at your picks of the day and position it from 1 to 5. Stay consistent with your handicapper’s bankroll and don’t get off track from your game plan.
Betting Too Many TV Games
If you bet on more than 10 games per day then you average down your high value picks and turns a 60% day into 50% day. If you want to bet on every game, then those bets should be one-fourth of the amount of your typical bet. There is a number of solid handicappers who lose money over time by betting the same amount. Prefer those games that believe in good bets.
Betting On The Wrong Events
According to the legalisation of sports betting in India, bettor knows that football and basketball are two common sports that receive most of the bets, but these sports are also the two toughest sports that don’t show a long-term profit easily. The sport of choice for the majority of the gamblers is baseball that ranks below the top two sports in terms of the money received.
There is no particular key to become winning sports bettor, but those who consider money management and give some time to gambling are one step above from the majority of bettors.