5 Newbie Betting Mistakes And How To Avoid Them

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Here I will list some common mistakes made when gambling, and some suggestions as to how to make your betting that little bit more profitable.

Not Getting The Best Odds

5 Newbie Sports Betting MistakesIn this day and age there is absolutely no excuse for not gaining the best odds you can on any bet. There are several odds comparison sites out there, and within a matter of seconds you will be able to see the best odds offered on any event. If you are regularly just taking one bookmakers prices you are losing value on a regular basis, and that will hit your balance hard in the long term. Shop around, and gain that little edge!

Betting With Incomplete Information

One classic mistake some gamblers make is placing a bet without knowing the full facts. Say, in soccer for example, you’ve been following Lazio in Serie A, and you know that they are a decent side. Midweek they have a European tie away to a team from Latvia you have never heard of before – you go ahead and back Lazio on that basis (they’ll win, you’ve never heard of the other team!!).  If you know nothing about one of the teams, don’t place a bet! You are essentially betting blind. Within five minutes you can find out exactly how the “unknown” team are performing,  whether they are fully fit or are decimated by injuries, have a suspension, or are particularly good/bad at home etc.

A little bit of time spent looking at all angles of a bet will benefit you in the long run.

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec: There are a lot of good reasons why Bovada are the number #1 US friendly sportsbook. Look beyond the big welcome bonus and you'll find the real magic...

Bovada have a huge range of markets (especially when it comes to the bigger events), competitive lines and super-easy deposits / withdrawals.

The killer reason is the promos – you’ll find their list of offers for regular bettors unrivalled anywhere online. Check out www.bovada.lv to see the latest deals for yourself now!

Bovada Sportsbook

Accumulator / Parlay Betting

Accumulator bets are enticing as they offer a large return for a small stake, but be wary of these bets as they are the most profitable for the bookmakers. Every time you place a bet the bookmaker will usually make at least a 5% margin, so you’ll only receive 95% of what you should receive back without the margin. A 3 team accumulator will see you only receive 86% (0.95*0.95*0.95) back, and a 10 team accumulator decreases that to 60%, a 20 team accumulator just 36%.

So, as you can see, the more selections you have, the worse it is for you. Be wary of those large accumulators!

Gambling In The Casino

You’ve had a good day, made a nice profit and you feel lucky. You go to the sites casino, and decide to play some of your winnings at the roulette table. Don’t do it! You’ve worked hard, you’ve earned your winnings, you’ve got one over the bookmaker, and then you are willing to put some of those winnings on the line at a game of pure chance where the house has a clear edge?? This may seem an obvious thing not to do, but many, many people do it. Keep your winnings for the next bet!

Note: Poker is one area of the casino where you can beat the house edge as you are playing against other players, but only if you are particularly skilled).

Not Taking Advantage Of Bookies Offers

So you’ve got the price you want, and place a bet and it wins. Happy days. But hold on, if you’d placed the same bet with another bookmaker with slightly worse odds, you’d have got yourself a free bet on the next race, which is actually worth more. Or you place a bet on the correct score of a football match, two bookmakers are offering the same odds, but one offers money back if something happens (for example, player A scores, or it finishes goalless), and you use the other bookmaker.

Keep a close eye on what offers there are, and always consider these before placing a bet. If several bookmakers are priced similarly, look at all the offers, and weigh up what you think has the most value. A little bit of time spent will have a positive impact on your bankroll.

Once you get into the habit of doing this, you will quickly know off by heart which bookmakers offer which types of offer, and you’ll know which types of bets to have with each (obviously consider the odds as well!).

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec: There are a lot of good reasons why Bovada are the number #1 US friendly sportsbook. Look beyond the big welcome bonus and you'll find the real magic...

Bovada have a huge range of markets (especially when it comes to the bigger events), competitive lines and super-easy deposits / withdrawals.

The killer reason is the promos – you’ll find their list of offers for regular bettors unrivalled anywhere online. Check out www.bovada.lv to see the latest deals for yourself now!

Bovada Sportsbook