{"id":382903,"date":"2025-02-18T16:13:36","date_gmt":"2025-02-18T16:13:36","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=382903"},"modified":"2025-02-18T16:14:41","modified_gmt":"2025-02-18T16:14:41","slug":"betting-mistakes","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/betting-mistakes","title":{"rendered":"Betting Mistakes \u2013 Sports Betting Mistakes to Avoid"},"content":{"rendered":"

One of the best ways to become a profitable bettor is to limit mistakes. Common mistakes are avoidable actions and we’re going to show you what you need to stop doing. In following our advice, you not only reduce losses, but also increase profits. In this guide, we highlight the most common betting mistakes that bettors regularly make that, at the end of the day, kill their bottom line.<\/p>\n

What Are Betting Mistakes?<\/span><\/h2>\n

Common sports betting mistakes aren’t just things that bettors do, but also what they <\/span>don’t<\/em> do. Sport can be extremely volatile and unpredictable, which makes it hard to consistently make money from sports betting. These mistakes aren’t necessarily down to losing bets but more the process of how bets are formed, and the lack of accountability when things go wrong.<\/p>\n

As in all walks of life, mistakes happen and it’s how you learn and adapt from these trials that skills are honed. When we link this to betting, we look at areas such as the process of picking bets, the stake amount, and analysis for winning and losing bets.<\/p>\n

Even if you’re a complete novice to the world of <\/span>sports betting rules<\/a>, by avoiding the betting mistakes that we’ve outlined in this guide, you can be profitable and enjoy long-term success.<\/p>\n

22 Betting Mistakes and How to Avoid Them<\/span><\/h2>\n

The main section of our guide is going to walk you through the betting mistakes that we’ve all made at some point. We not only want to show you what they are, but more importantly, how to avoid them and thus become one of the sharp bettors of tomorrow.<\/p>\n

This guide won’t tell you what bets to make on online sportsbooks and how much you need to wager, but instead, have a general overview of the mistakes that professional, successful, and profitable bettors avoid for 99.99% of their bets.<\/p>\n

1. Not Finding the Best Lines<\/span><\/h3>\n

Every single one of the <\/span>best online sportsbooks<\/a> <\/span>and sports betting sites create their own betting lines. It’s up to the bettor to shop around to find the best price possible for the bet they want to make.<\/p>\n

One of the biggest mistakes we see is people using a single sportsbook to place their bets. Even if you’re using a highly reputable brand, it’s not a given that they’ll offer the best price for every bet in every sport.<\/p>\n

To highlight this, let’s examine a Premier League<\/a> <\/span>soccer game market between Manchester City and Fulham, on two different sportsbooks. A typical match result betting show and this is a three-way market where you’ve got a home win, away win, and tie.<\/p>\n

Let’s say we want to bet on Fulham to win, which is an away win. Granted, they’re the <\/span>betting underdogs<\/a> <\/span>for the game, but the difference in quite noticeable.<\/p>\n

It’s easier to understand a two-way market though. Let’s say the Chicago Bears are playing the the Minnesota Vikings. Different sportsbooks favor them, but offer different betting odds as follows:<\/p>\n