Mistakes Sports Bettors Make.

There’s a reason that football betting is a billion-dollar industry: it’s profitable for bookmakers, and most people betting on sports treat it as a personal emotional game.

That’s a money-losing proposition for most football gamblers and novice sports investors, so in this post I’ll highlight some of the worst mistakes we’ve seen sports bettors make.

These football betting tips is a combination of what bookmakers have told us they see with some of their worst football betting players, and common themes from industry conversation. The aim with this post is that it helps you avoid potential traps in betting, improve your winning picks selections, and avoid some of the most often misunderstood rookie mistakes.

These football betting tips won’t make you rich, but they might keep your bankroll from going empty too early and help you improve your seasonal bankroll and sports investments.

1. Picking favorites

The key to every single betting strategy starts exactly the same. Do you have a favorite team? Not anymore you don’t! Why? Because when you let feelings and personal preferences cloud judgment that is ultimately mathematical, you lose. Even if you win a game or two, overall you will begin a losing pattern that you can’t escape. Some sports investors find the value in 3rd parties, such as an expert tipster who spends the time to perform the necessary research, analysis and spends the time crunching the numbers and data to find patterns, trends and other data-driven statistical insights — an unbiased approach to picking your NFL favorite pick.

2. Following the crowd

Everyone’s rooting for the sure bets? Everyone’s talking about sure bet? They’re talking about it on ESPN, CBS Sports, Twitter, Sky Sports and almost anywhere you consume media.

See, turn off the TV, close the apps. on your phone and focus.

Look at simple numbers to guide your pick decisions such as win/loss percentages, historical points and watch the key numbers when betting on football. Look at the team who scored the most. Look at head to head matchups. Factor in whatever you want for a football betting system. Just don’t make the crowd your focus. Talking heads are entertainers, and the crowd is there to be entertained. Soccervista is a great place to do this. You can order our guide to betting analysis if you’re not familiar with analyzing matches and reading data.

3. Lacking Cogent Bankroll Strategy

Bankroll strategy tips are repetitive advice the sports bettor will here, but all to often overlooked. You know the effects of a poor bankroll management strategy, where the same money management fundamentals apply to investing in the stock markets, and in personal finances. If you have N100,000 over the course of a season and you blow your bet on “the big game” (or stock or weekend purchase), your season is over.

Not controlling emotions and your betting bankroll is irresponsible, and often leads to a debt spiral that can wipe out your bankroll to nothing, and even injure you personally and financially.

To your success

Also read, things you must know before you place your next bet