Sports Betting Advice – 7 Myths You Need to Ignore

Sports Betting Advice – 7 Myths You Need to Ignore

Sports betting advice is prevalent on the internet. But the truth is, you want to be careful which advice you follow. Don’t think reading it online makes it true or necessarily the best plan for you.

Here are seven myths regarding online sports betting that you’ll follow at your own peril.

1. You can get rich overnight.
Everyone would love to make thousands of dollars their first week of sports betting but that’s not the way it works. Professional bettors find a system that works over a consistent period of time. They’re happy to win 54% of the time.

2. As soon as you start winning you should immediately raise your bets and try to win big.
Like any type of business, cash flow is important. If you start placing large bets too quickly you’ll run out of money before you have time to build a large bankroll. Don’t bet too aggressively before you’re ready.

3. Since parlays and exotic bets have the biggest pay off you should put most of your money on them.
The truth is, these bets should be a small part of our total betting strategy. Their odds are too low to be consistent winners. Stick with straight betting until you know what you’re doing.

4. You should trust your instincts.
This may be true for many things, but unless you have psychic powers don’t bet according to your hunches. You need a system that uses statistics and facts. Analysis of past games, players, weather conditions, and numerous other factors all have a part in choosing winning bets.

5. If you know sports then you’ll automatically make good bets.
Making winning bets is a combination of knowing sports and understanding statistics. A math wizard who has no sports knowledge has a better edge than a sports fan. But to have a winning system it takes knowledge in both areas.

6. It doesn’t matter which betting website you use.
Be sure the site you’re betting with is a reputable site that’s been around for awhile. Talk to other bettors and find out how quickly payoffs are made. You don’t want to win a lot of money and then not receive your payout in a timely manner. Some sites think if they keep your money long enough you’ll eventually lose it with future bets. Talk to other people using the site before you make a decision on which site to place your bets.

7. All online sports betting systems are alike.
There are many types of systems available. Before you choose a system find out as much as you can about it and the person who created it. If possible, go to sports forums and find out which system other bettors are using. Ask lots of questions and find out which systems are winning money.

Don’t fall for everything you read online. You need to shift through all the sports betting advice and find out what works for you.