Avoid the most common sports betting mistake if you want to stay long in the business.
Despite numerous attempts to curb the recreational activity, millions of people all over the world continue to bet on sports on a regular basis.
Some professional gamblers, in fact, can actually make a living by understanding betting systems as well as understanding the sports they bet on. For every person who can make good money from sports betting, though, there are hundreds (if not thousands!) who come out in the red season after season.
Let’s take a look at the biggest mistake that new bettor make when they start to place bets on sports.
Confusing A Favorite With A Winner.
The number one mistake that newbies bettors make when placing bets is thinking that the “favorite” team is going to win. They think that the odds makers have some kind of analysis specialty or crystal ball tucked away that gives them an edge on whom will be victorious at the end of each match.
This is absolutely not what a favorite is. A favorite is not a team who will probably win, but instead a team on whom the majority of bettors are placing their bets.
Enjoy…
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