4 Mistakes Make People Lose Money On Sports Betting

James 2021/01/16
4 Mistakes Make People Lose Money On Sports Betting


In 2019, the sports betting market in the world was worth over $ 85 billion.

And it grows constantly.

There are new companies offer online betting.

And each of them makes millions of dollars in profits.

What does it mean?

It is definitely a sign that sports betting becoming more and more popular and more and more players are trying their luck.

But at the same time, over 96% of them regularly lose money stuffing bookmakers pockets.

You have to understand one thing.

The bookmaker lives off what you lose!

Your loss is his profit.

And as a profit-oriented company, he will do everything to earn as much as possible.

Check out how much money bookmakers spend on advertising.

They are paying off sport stars, buying billboards, and their ads are everywhere on the Internet.

Again, it is all because of your losing money.

If you do not want to be a sponsor of bookmaker, you have to think opposite to what he expects you to.

In this blog, I'll show you how to do it.

Here are 4 mistakes that make people losing their money.

At the same time, these are the actions that the bookmaker is counting on.

#Mistake 1 - No strategy

The most common mistake.

Approaching to the game with the assumption "whatever will be, will be ".

It will not!

If you do not set your goals, strategies and rules - you will be the sponsor of the bookmaker.

You have to approach the game as an investment.

Have a long-term plan, i.e. know exactly what you will do if your coupon is lost.

#Mistake 2 – playing combos

Visit the website of the first bookmaker you know and you will see that it offers ready-made coupons for every day.

Coupons with the most popular events among punters and bookmaker is so "gracious" that he shares it with you.

Interestingly, these coupons always contain at least a few events.

You can also see promotions that the bookmaker offers for new customers or for a new deposit.

Free money, double your deposit etc.

Just note that to be able to withdraw, you have to turnover the bonus.

How? Of course, by coupons with at least 3 events.

Why is it like that?

Because the bookmaker knows that the so-called "combos" are the first step to failure.

The probability of hitting very is low.

Easy profit for him.

#Mistake 3 – psychology of the crowd

A brilliant thing in the hands of bookmakers.

Stand in the middle of the day in the city center and point your finger at any object on the tree. You will see more and more people watching over.

It works similarly for the bookmaker.

It promotes some sport events on the home page, such as the Barcelona - Porto Champions League match.

Thus, it increases the demand for these events.

And as the demand grows, so does the price.

In this case, the price is a lower, overvalued odds.

The odds that suggests a easy victory for Barcelona.

If you don't want to keep paying for bookmaker's ads – stop doing what most do.

#Mistake 4 - quick profit urge

It is very often, that emotions take over and you want to bet a higher stake, at a higher odds and earn a lot of money here and now.

This is the easiest way to lose.

Build your capital with little "spoons".

Be prepared for small but regular profits that will keep your budget growing.

Over time, these little profits will only get bigger.

And your budget will become bigger.

This website is created to help you avoid each of these mistakes.

Finally, I would like to tell you in secret, that many people do not understand what am I talking about.

But it makes me happy.

Because someone has to lose, so the bookmaker could pay us, right?

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