subject: Sports Betting Strategies – The No - Nos When Placing Bet [print this page] Sports Betting Strategies The No - Nos When Placing Bet
If you think that betting on sports is all about luck, then you are totally wrong. There is a lot of science in this investment and your chances of winning are based on percentages. There is plenty of mathematics involved when you decide to place your money. You need to count how much to bet in order to achieve your goal.
Some people may just ignore this part and simply bet with whatever they have. However, bear in mind that increasing your stakes gives you a bigger earning but also potential for bigger loss. So do not be greedy.
If you rely on pure luck or instinct to place wagers, you are bound to lose in the long run. It might be important to have both good luck and instinct but more importantly you need to back them up with your statistics.
The same goes for betting on your favourite team. Gambling on team using emotional is a no-no in sports betting. You should instead study all the teams/players objectively and it will help to contribute to your calculations for a higher winning percentage.
For instances, your favourite team is the Miami Heats, and you have a feeling that they would win over the Bulls. Both teams have good records of victories over losses, but the Heats' ace player is injured, and you do not know that because you have not done your research. In the end, you suffer a double loss.
Hence, educating yourself beats luck and instincts, although it will still not be an assurance of your victory.