Let’s face it, no one likes making mistakes, especially the same ones over and over again. The situation is that much worse in the world of soccer betting because every mistake means you’re losing money. Even worse, many people react to losing money by betting even more money and going further down the red line. It’s just one mistake after another, a sure way to go bankrupt pretty fast.
On the bright side, the most common soccer betting mistakes are easy to avoid. Well, for the most part. While they do vary as far as complexity and severity go, if you follow your goals and soccer betting strategy, you shouldn’t have too many issues with avoiding them.
With all that in mind, let’s check out the most common soccer betting mistakes as well as short tips on how to avoid them!
Most Common Soccer Betting Mistakes
Soccer betting can be an exciting and potentially profitable hobby as long as you manage to avoid the most common soccer betting mistakes. Before we start off with the list itself, one thing has to be stated – bookies are not your friends! You are there to win money and have some fun while doing so. No one likes losing their money, so you can bet your ass the bookies will make things as difficult as they can for you.
Some of these most common soccer betting mistakes are basically traps for people thinking this industry is one big big-boy playground. In reality, it’s a highly competitive ecosystem with bookies battling for every single customer with hopes for more profit.
Don’t get me wrong, it’s not impossible to beat bookies at their own game, it just takes a lot of time and effort. Passion too, obviously. That said, if you’re just starting out and you’re dreaming big, make sure you keep tabs on the following mistakes. Your path to success will be much quicker if you manage to avoid them, that’s for sure!
Trusting the Experts
Many people consider pundits and the self-proclaimed betting experts the be-all and end-all of valuable betting information. Needless to say, this isn’t always the case. While I do believe checking out what other people think and seeing their perspective on a given matchup is a good thing, you should only use it to back your own research and not make wagers based solely on their opinions.
Even though some of these people have credibility, it’s always better to fact check them. This way, you’ll ensure all of your betting slips are based on informed judgment instead of blindly-following strangers’ opinions.
Lastly, you must understand that pretty much every soccer betting expert will fancy a different betting option. It’s always best to check out several different points of view to see the whole picture and hopefully reach the optimal solution yielding the greatest value.
Chasing Big Money
This is probably the most common soccer betting mistake out there. Many beginner bettors think they can win a huge pot with lengthy accumulators on small stakes. Accumulators pile up, yielding enormous returns but with next to nothing chance of actually winning the pot. Obviously, soccer betting sites know this and will be happy to take all of your money.
That said, having unrealistic expectations and chasing big money can lead to major issues and can even completely ruin your betting experience. That’s why most professional bettors stay away from accumulators in the first place. If you’re just starting out, there’s no need to rush in for the big bucks. Instead, take things slowly, invest in high-value singles and take the betting game one step at a time. That’s the only way you can be profitable and enjoy the games.
Not Doing Enough Research
If you wish to make a career out of soccer betting online, then you must realize just how much time and effort it takes to become a successful bettor. However, there are still people who force bets without digging deeper into the statistical depths.
Not only do you have to do extensive research before placing each wager, but you must also learn to recognize valuable stats. I’m not sure that Arsenal winning on Sundays with the humidity levels below 55% and less than five birds fly across the stadium in the first half counts as a valid stat. Crunch the right numbers, don’t be lazy, and your wagers might start bringing in the green.
When approached with valuable stats, logic, and informed judgment, there’s nothing stopping you from slapping consecutive winning slips together. However, once anger, subjective-opinion, or your personal involvement with one of the teams get in the way, things can go downhill pretty quickly.
You just lost $90 and there’s $10 left in our bankroll. You’re angry. $90 is a lot of money and now you don’t even care for the remaining $10 so you invest it in a foolish accumulator whose wagers you haven’t even researched. This is obviously a bad way to partake in soccer betting and should be avoided at all cost.
If you’re angry after losing a wager, just go to sleep and call it a night. Tomorrow is a brand-new day with plenty more betting options to explore and hopefully cash out that green stuff. The same goes for betting on your favorite team. If your heart is stronger than your brain, you should drop soccer betting altogether. We’re talking about a game of logic, stat-crawling, and discipline, not anger and emotion…
Betting Too Much
Betting too much is obviously a bad thing. Never bet the money you don’t have/can’t afford to lose. This is the golden rule of thumb here and you should always take it into account before placing a wager. If you constantly bet too much and end up losing most of your money, your personal finances will suffer.
Always put priority on your rent money, bills, and similar month-to-month necessities. Betting always comes second, there’s just no other way around it. Even if you’re sure Burnley will take down Manchester City for +700, don’t bet the money you can’t afford!
Lastly, I’d like to point out the biggest danger of all most common soccer betting mistakes – chasing losses. Needless to say, experts are well-aware of this issue and have their temper and emotion at bay when making bets. They know nothing good can come out of chasing losses so they simply stay away.
No worries, it doesn’t take a genius to avoid this one. All it takes is a bit of will power and a clear set of goals.
For starters, make sure you are okay with the stake you’re investing in your wager. You know how the old saying goes, never bet what you can’t afford. In fact, betting too much was already covered so make sure you drop an eye if you haven’t already. Furthermore, If your slip ends up as a loss, just come to terms with it and move on. Try to understand what went wrong and how to improve your odds next time. Pick your wagers carefully, don’t rush in low-value options, and always keep tabs on your bank!
The Importance of Soccer Betting Strategies
The majority of the most common soccer betting mistakes explained above can be solved with a proper soccer betting strategy. The importance of such a system has to be emphasized here. By following your strategy, keeping tabs on your bankroll, and putting in an adequate effort to every single betting slip, chances of maintaining your bankroll in the green ought to be much higher.