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Common Betting Mistakes & How to Avoid Them

28 Apr 2022

If you’re new to online betting, you are probably going to make a few mistakes before you get into the swing of things properly.

Below, you’ll find some common betting mistakes people make. Make sure to follow them and bet responsibly!

Not managing your bankroll

Not managing your bankroll is the most common mistake new players make. If you don’t control how much you bet, you can easily get in trouble.

Bankroll management is a crucial part of any sports betting guide and you should follow it.

It’s not just for new players – ALL punters should manage their bankroll. If you want to be profitable, the key is to control how much and how often you bet.

Sadly, many players don’t give any meaning to it - but don’t make the same mistake! Manage your bankroll no matter how big it is. Set daily or weekly limits and don’t go over them. It’s the key to success.

Unrealistic Expectations

New players often have unrealistic expectations when they bet. What you need to understand is that online cricket betting (as well as all other sports betting) is a win-some-lose-some process.

Of course, this shouldn’t discourage you from trying to bet online. Just don’t expect to make millions of Rupees from it.

Sure, you can get lucky here and then, but you won’t win every bet you place. If you want a shot at winning money, adjust your expectations and don’t go overboard.

Greedy betting

When you’re betting online, it is very important not to be greedy. Won a bit? Good for you! Stick to your bankroll and don’t bet big.

Chances are you won’t win such a big bet soon. Sure, someone can get lucky sometimes, but being too greedy can have unforeseen consequences.

The same goes for placing too many bets on a slip. Professional bettors will rarely bet on multiple selections. The lower the number of matches you bet on, the easier it is to win.

Trusting experts too much

The great thing about online sports betting is that there are many expert betting guides, tips, and predictions you can turn to and win money.

However, trusting experts blindly is the wrong move. Many new Indian players will make this mistake. In many cases, experts are right. However, there are many times they get it wrong.

Trust your instinct rather than relying on experts. Anyone can make a wrong prediction no matter how good at betting they are.

Betting emotionally

You read that right. When you’re betting online, emotions can get the worst out of you. Investing emotions in your bets will lead you down a bad road of losses. 

Emotions don’t have a place in sports betting. You need to bet with a clear head and steer clear of emotions. It’s the only way to succeed.

Chasing your losses

One of the absolute worst mistakes that Indian cricket betting fans make is chasing their losses. There’s no worse strategy than it.

All sports are highly unpredictable and we constantly see cases of a David slaying a goliath. If you’re in the middle of a losing streak, chasing your losses is the last thing you need to do.

Just stick to your bankroll and try again tomorrow or next week. Don’t jump into new unrealistic bets that will only deepen your crisis.

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