Common mistakes by live betting lovers

[ 20.10.16 ]

Common mistakes by live betting lovers

In theory, any person has a chance of becoming a live betting expert and turn this pastime into a profitable hobby. In live betting hard work and patience are key. And remember the main rule: theory first, practice second. When picking a bookmaker, visit online betting forums and read other bettors’ reviews. Moreover, try to find online resources with free betting predictions made by professionals. But learning how to analyze upcoming matches by yourself is even better.

There is no need to hurry. Take time to hone your skills on “easy” betting outcomes. Do not despair if everything is going wrong at first. Every new day brings a new opportunity to recoup your losses and lock in juicy profits. Try to enjoy the betting process per se. If your only goal is to make money, you probably won’t get far.

Live betting mistakes

Common mistakes by live betting fans

  • Total football betting. Many bettors think that by placing a total bet after the 80th minute of a football match is a good decision. On one hand, the decision seems logical at first. But according to ruthless statistics, goals in the last minutes of a football match are quite common. While the odds (about 1.5) are modest, the risk of losing is sky-high.
  • Poor money management. If you decided that today you can afford to spend a big amount of money, do not make a single bet. On one hand, the odds on your selected sports outcome are very attractively and may increase your bet multiple times. But on the other hand, your winning chances are pretty slim.
  • Ignoring bookmaker rules. We recommend you to pick bookies with a low profit margin. But how to detect such a bookmaker? Suppose, you are watching a football match played between more or less equal rivals. The home teams is performing a little bit better and scores a goal. A bookmaker with a low profit margin never reduces their odds on the leading team after the 35th minute of the match.
  • Betting on the favorite. Do not be afraid to give some credit to the outsider! According to statistics, it’s not uncommon that an underdog delivers great performance and beats a more seasoned rival. In live online betting, you take a risk and place a small bet on the outsider. Who knows, you may very well win!

Live betting is a very exciting pastime that adds some enjoyment to your life. And if you’re a sports fan, the pleasure from betting is double. Along with rooting for your favorite teams and athletes, you can make money on your hobby.

For many bettors, both standard and live online betting are not just an entertaining pastime but a way to make money. But stable earnings on live betting are a result of diligence and hard work. Beginning bettors should not take live betting too seriously. But if you’re making fast progress in live online betting, you may consider making it your professional career.

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