Sports betting is immensely popular not just in Europe, but in the United States as well. But there comes a time where bettors take a long hard look at themselves and ask whether or not they’ve chosen the wrong betting strategy.
While some pretty notable signs point towards that, there are others that you might be totally oblivious to. So that’s why we’re here to tell you about the 6 signs that mean you’ve chosen the wrong sports betting strategy.
With all that said, let’s start.
1. Having Unrealistic Expectations
First things first, it should be noted that sports betting isn’t 100% full proof. The more unrealistic way you look at it, the higher the chances you’ll be losing money as opposed to winning.
You should forget about the notion that you’ll make thousands of dollars in your first bet. This is the biggest mistake rookie bettors do, and one that even the experienced guys also do it.
When betting on sports, it can be quite easy to get lost in the research and thinking that your strategy is without a flaw. But once the game comes around and you see how much you’ve underestimated the opposing team, well it will all come tumbling down.
The first thing you should do is to lower your expectations. Anything but that will result in an unenjoyable betting experience.
2. You’re Losing More than You’re Winning
This is probably the most obvious sign and one that raises a red flag. If you’re constantly losing money as opposed to winning, then that’s a clear sign you need to change something. It’s clear that things aren’t working and that something has to change.
Maybe it’s your strategy or maybe it’s your betting style. Maybe you prefer playing the goal margins game, or maybe you’re a traditional, full-time result, type of bettor.
But the bottom line is that if you’re losing more than you’re winning, then it’s time to take a long and hard look at your strategy and make a few twists.
Lower the number of games you add to your bet slip, play safer, don’t go chasing huge returns, etc, these are all things you can change that will ultimately improve your strategy.
3. If You’re Not Doing It Right
For the vast majority of sports bettors, they don’t make profits. They instead like to place a few bet slips for the match day and follow the teams that are on the slips.
For others, it’s about making sure that the games are so meticulously calculated that there is no chance for the bet to fail. But sadly, doing this is easier said than done. Rookie bettors lack the knowledge to know how to turn sports betting into a serious investment strategy.
It is so difficult that only a small percentage of bettors do it. But there is a way nonetheless. Thanks to a strategy called “arbitrage betting”, even you can turn sports betting into an investment strategy for the future.
While we won’t explain how arbitrage betting works, we will tell you to check out surebets.bet website to know more about it.
4. If You’re Placing Too Many Wagers
We mentioned that the vast majority of sports bettors do it for the excitement of potentially winning from the weekend’s games. But for many others, it’s about making money.
Very few people actually find enjoyment in sports betting. We’re talking about the types of people that place all kinds of wagers on all kinds of sports, not just football or basketball.
When this is the case, the bet slip hardly stands a chance. And while these people are very rare, we always suggest you don’t mix sports. Considering that different sports have different rules and different rules for scoring, it’s only natural that you don’t mix them together.
You’d hate it if your bet slip looks like a cocktail.
5. Always Backing A Few Teams
A lot of serious bettors focus on only a few teams as they know them best. They will know how they’ll line up, how they’ll play, and they’ll generally be aware of their chance of a successful outcome.
But it becomes a problem when you’ve invested so much into a few teams, only to constantly disappoint you with bad results. When this happens, it’s a clear sign that you’ve either picked the wrong teams, or your strategy doesn’t work.
Constantly backing the same number of teams isn’t a bad strategy, but it requires you to be on top of your research game. Furthermore, sports are quite funny and underdogs are always beating the bigger teams. This is something that you absolutely hate to see.
If you are indeed determined on succeeding using this strategy, then you have to find a couple of teams that will constantly perform. But considering that most professional sports bettors don’t tend to utilize this strategy, it’s a sign that it’s actually quite a bad one.
6. Going In Blind
A lot of people make the obvious mistake of just placing a bet on a couple of teams without doing any sort of research prior. Make no mistake about it, research is absolutely vital if you want a successful outcome. But that doesn’t mean it’s full proof. With all that said, you should always do your due diligence as opposed to going in blind.
Why? Because you’ll at least know what you’re up against. You’ll know which players are missing from both teams, how they’ve performed in recent games, how they tend to do against each other, etc.
These are all very important metrics that can determine the success of your bet slip. The favorite isn’t going to win every single game they play. But they might score plenty of goals in the vast majority of matches. Try to combine different aspects of the game and focus on researching prior to placing your bet.
Sports betting is very tricky and difficult to make it in. That’s why you should always go level-headed and don’t expect to become a millionaire from it.