Punters are human and will occasionally make mistakes. Even
professional and experienced punters make mistakes. So as you begin or take
another step in your betting journey, you must remember that mistakes will
occur at one point or another. When you make a mistake, you must know that such
can even if you have done your utmost best. Don’t get angry, panic or
frustrated by the mistake. Instead, you should try to learn from the mistake so
you don’t repeat the same in future. Mistakes should help you learn, improve
your betting experience and have a more mature outlook.
Here are ways of preventing betting mistakes:
(1) Treat luck as
an enemy, not a friend
If you make a bet hoping for luck, you will be shocked. Luck
is never a friend of punters. It tends to act against punters. So, do not be
fooled by the one occasion when a player scored in injury time to give your
team a win or when the favorite’s best player was red carded and the underdogs
won. Instead, bet as if there is nothing like luck. Bet as if luck will always
work against you. Avoid any bets that rely on luck to win. Instead of putting your
stake on teams that require luck to win, spend that money on teams you feel
confident will win.
(2) Ignore very
long odds
Some punters want to make huge returns by taking drastic
measures. In fact, some punters have formed the habit of betting on “impossible
underdogs. For example, in a game between Barcelona @1.30 and Mirandes @13.00,
it is almost somewhat careless for a punter to bet on Mirandes. While there are
occasion when Mirandes may beat Barcelona, such are rare and putting your money
frequently on such bets is reckless.
(3) Never chase
losses
Losing is part and parcel of betting. If you can’t afford to
lose, you better not try betting. One of the most common and biggest mistakes
new punters do is chasing lost bets. Well, after trying a few bets and losing
all or most of them, you may be tempted to try to make up for the lost money by
placing even bigger stakes. You must never do this. Instead, you must remember
to set a betting budget and to have a plan. Always stick to your betting budget
and betting plan, no matter whether you are winning or losing. Remember, your
betting budget and betting plan will restrict your betting activity to what you
can afford to lose. After losing that amount, you will know that time is up and
you have to stop placing more bets.
(4) Never bet on
unknowns
You have a better chance of winning bets when you wager on
teams and markets you know well than when you try your luck on those you don’t.
If you have been betting on football matches and suddenly find that there are no
more football games you can bet on, don’t jump to tennis or rugby to keep your
betting routine going. Just wait until there are football games to bet on.
Similarly, if there is a day when the matches played are by teams in
little-known leagues that you don’t have time to research and analyze properly,
don’t bet. Betting rewards those who act on knowledge. Don’t shoot in the dark
hoping for luck. Never try what you don’t know.
(5) Don’t spend
your entire budget
Budgeting for your bets is a critical step because it limits
your betting activity whether you are winning or losing. However, just because
you have a day’s or a week’s budget does not imply you have to spend it all
during the same day or same week. You must only place bets that you think will
win, regardless of your budget. If it comes to a point where you are not
getting the right teams to bet on, just don’t bet. Likewise, if you bet and
earn a good return, you can simply walk away and bet another day or week. For example, if you have a day’s budget of
Ksh 200, then you use Ksh 50 and get a return of Ksh 200; you may look at your
return and just stop. You don’t have to keep betting simply because you have
the money to use. Self-control is important in betting. You must know when to
stop, regardless of whether you are winning or losing.
(6) Don’t go for a
massive windfall, there is a very slim chance of getting it
The excitement that comes with a huge return is great and
understandable, but you must remember that such occurrences are rare in betting.
Don’t think that you can back selections with bog odds and win frequently. You
will not. Likewise, don’t think you will build long accumulators and win
millions from them. You will not. Big paydays occur in betting, but they are
very rare. Even if you can afford to throw money after money on teams with big
odds or on long accumulators, but you will lose and lose so much that by the
time you win one, the return will not be enough to cover all the money you have
spent. Instead of trying to chase a huge win, you should go for small, steady
profits.