Since betting on soccer is one of the most popular gambling-related hobbies worldwide, everyone thinks that it must be easy and simple. After all, it’s all about predicting the exact outcome of the match, right?
Unfortunately, it is not that simple and while some bettors are highly successful, the majority of them never see a return on their investment. There are many factors that determine whether you make a profit betting on soccer or not, and there are many mistakes that even professionals make. In this article of 90jili, you will find the most common mistakes that every bettor should avoid when betting on soccer.
Bet on your favorite football team
Most people who are new to betting on soccer, as well as many experienced people, fall into the trap of betting on their favorite team. It is human nature for fans to support their team but emotions should not be guided when betting money. Another common mistake that many bettors have repeatedly made over the years is betting on the most famous teams. There are two main problems with this logic.
First of all, your favorite team is not necessarily the best team in the league or championship in which it participates. A team’s performance during the season can be good or bad, regardless of your preferences, and betting on that team can result in large financial losses.
Second, betting on the most popular teams is, in fact, one of the strategies that almost certainly guarantees that you will never make a big profit. The truth is that most people also bet on the same popular teams. This shortens the odds and as a result the value of the bet is significantly reduced.
Don’t bet for value
This is perhaps the most common mistake in sports betting as many bettors struggle to understand the concept of “value”. This is a basic idea in sports betting and it is about balancing risk and potential reward.
Success is not about predicting the biggest winners in the competition but about finding the odds in your favor. In fact, this is the only way to make a profit when betting on soccer (or any other sport).
To bet for value, you need to find a bet that is more likely to win than what is reflected in the odds. However, to identify them, you need to have a deeper understanding of the match, closely follow the teams and leagues you are betting on soccer and know the latest statistics, changes and news, injuries of players, etc. This will help you form your own opinion, your own expertise so you can determine the value behind the odds.
Once you do that, you can start betting on soccer the underdog more often than you did before. If you do it right, value betting can be highly profitable in the long run.
But punters should be prepared for an unpleasant truth – most odds are negative and it can be quite difficult to determine the best odds. The reason for this is simple and it is because bookmakers will try their best not to provide value in their bets.
Ignore the statistics
Another important aspect of successful betting on soccer is looking at the statistics for each player and team – scoring history, total wins and losses, average shots per match, goal difference goals, etc. Statistics have always been important to bettors but today, every little detail is tracked, recorded and categorized so football fans have access to huge amounts of data.
Of course, there are always surprises – it’s that unpredictability that makes football so appealing to so many people. Sometimes, a small team with no previous wins but with a lot of ambition can create a huge stir by beating all the odds and succeeding. But these are exceptions, while in general the better team wins. Another thing to avoid is to never consider the favorite team for a match as the better team. Instead, use your knowledge and judgment to evaluate each team’s probability of winning.
Stick to a bookie
Many football fans tend to be loyal to just one of many bookmakers but there is no perfect sportsbook. It’s a common misconception that many bettors believe – that the sportsbook they put their money at always offers the best odds. This hardly happens, unfortunately. And to make a profit, you should shop around for the best odds.
Sticking with just one bookmaker is a big mistake and your loyalty will not be rewarded. It would be a much better idea to take the trouble to find the optimal odds and lines. Of course, don’t forget to look for value and trust your own opinion when evaluating odds.
Manage your bank account poorly
Last, but not least, not being able to manage your bank account can lead to unimaginable losses. There are some tips you need to follow to avoid going bankrupt.
The first is to determine your betting on soccer budget and never exceed it – in other words, never bet more than you can afford to lose. Of course, it is essential to keep track of every bet – this may sound tedious, but every successful player closely monitors all bets made, all wins and all lose.
Another sign of poor management of your bank account is that you will incur losses. This is a common mistake among gamblers and it is perhaps the worst – many believe they can win back their lost money with just one more bet. But that never happens and in the end, your losses may become more than you can afford. Instead, whenever you lose a bet, just move on and forget about it.
