One of the most appealing aspects of betting is its simplicity. It basically has to do with predicting an event’s outcome and placing a bet on it accordingly. Correct predictions count for wins while wrong predictions count for losses. Reading this article is the first step on your journey to becoming successful in sports betting. Skipping this step is detrimental as you might be compelled to learn these basics the hard way in the long run. In this article, we would be discussing the basic things veterans in sports betting wish they had learned before venturing into sports betting. There are lots to be known before engaging in sports betting.
Table of content:
Things Beginner Bettors Need To Know
Although the fundamentals of sports betting as discussed earlier are straightforward, there’s more to sports betting than just predictions. Before putting your hard-earned cash at risk by placing bets, there are a few things you need to get familiar with.
➔ Don’t Force Betting Opportunities
Being a go-getter and always eager to win is a good thing. However, this isn’t the case when it comes to sports betting. Most times, beginners tend to learn a few things about sports betting and feel they are well-equipped then proceed to fire off bets on any game they come across. They feel that by placing bets on several games, they are increasing their chances of making huge profits quickly and mingling with the big leagues. Although this is being optimistic, a very wrong way to approach sports betting. Always having the urge to stake on every game you find out there is a big step to failure in sports betting because not every match out there will have value. Here’s the takeaway, you should place bets on every game you come across, try to be selective, only bet on games that you are sure to have value.
➔ Always Double-check Your Bets
This is a major thing every bettor should know. Always double every single selection you make. If you place your bets at betting shops, always make sure you check your bets before leaving the counter, and if you’re a bettor that bets online, always make sure you’re sure of what you put in before clicking the submit tab. Imagine going through the stress of betting on a team to win at a betting shop, only for you to get there to cash out your bet and then finding out that you picked the wrong selection/market. This type of mistake is very common among bettors and the unfortunate thing about this mistake is that the sportsbook can do absolutely nothing about it.
They would tell you that you’d have to suffer the loss because you made the mistake. No bookmaker in the world would pay you for your loss, although some offer bonuses depending on how huge your stake was, no one would pay you your full loss. If you notice anything wrong while making selections at a betting shop, tell the attendant immediately, they would be glad to help as long as the game hasn’t started. If mistakes arise while betting online, contact your bookmaker’s support line immediately, they will also be glad to help as long as it doesn’t look like you’re trying to scam them.
➔ Never Bet Something You Don’t 100% Understand
This happens when a bettor gets a tip from his fellow bettor about s game. The bettor recommends a bet that you don’t know about, but you blindly follow. This also happens when you place bets on random sports that you haven’t dedicated time to understand. If you don’t understand a betting market or the sport itself, it’s very risky. There are several cases whereby bettors wager on something, thinking they won the bet already, only to find out they lost because they didn’t understand the bet fully and went for the wrong market. What usually happens is that the prediction would be correct but the betting market selected would be wrong. How can you prevent this mistake as a bettor?
This is easy. Before placing bets, endeavor to provide answers to these questions:
- Do I fully understand what it takes to win this bet?
- Do I fully understand the betting market I selected?
If you can’t provide answers to these questions, take a step back, and do your research on the game. If after consultation, you are able to answer these questions, then go for the bet. There are thousands of markets available in sports betting, why go for the one you don’t understand? Forcing bets is a big step towards failure in sports betting.
➔ Don’t Be Deceived By The Media
As a bettor, there are two types of media you’re going to come across.
- News media
- Opinion pieces media
The first type which is the news media basically talks about recent happenings in leagues, cups, player, and team development. The second type which is the opinion pieces is where you’re going to see different people’s opinions and predictions about teams, leagues, and players. When trying to make selections, always make sure you stick to the news media because that’s where you can get facts about what’s going on in the world of sports. Facts matter in betting and not just random opinions. You also have to be careful going through news media because sports channels also like to drop their opinions as news which is very lethal to your sports betting success.
Speaking of the opinions of media, there are a few exceptions. You could seek opinions from professional sports bettors, and by professionals, we mean individuals that do thorough analysis and research on games before dropping predictions and not people that just care about picking winners. In addition, don’t always seek opinions from experts, the idea is to learn from them and not just copy them if you develop a habit of running to them for opinions, you would not be able to create picks by yourself and in a short while, your success will be in their hands.
Asides from these basics, there are other few tips you should be aware of as a bettor. These tips include;
- Always endeavor to bet on sports that you know the nooks and crannies of.
- Choose a very good bookmaker. You could look up wettbasis.com for recommendations.
- Place bets on games with high-value content.
Conclusion
The goal of every sports bettor is to make money. To make money from sports betting takes time, focus, and dedication, you can not take over the world overnight. Sports betting should be seen as a marathon and not a sprint!
