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Mistakes many bettors make

Mistakes many bettors make
In the betting world, it is common to see some mistakes being made by many bettors.
by Academia   |   comments 0
Monday, May 31 2021

Much of our content that is published here, is composed of teachings of methods, strategies and formulas, always with the intention of adding to the evolution of the bettor. However, this is often not enough, as many people make some basic mistakes that, even though they are natural, can cause great losses. Therefore, before showing how to do it, we think it is important to comment on some details of how not to act, giving an example of actions committed that lead a bettor to losses. And as you know, this is not what we want to happen to you.

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Let's start with the bookmakers. Like any market segment, where there are thousands of companies offering their products and services, betting is no different. When you buy a cell phone, a car, or invest in something, you research what is the best option, correct? In betting it cannot be different. Many allow themselves to be carried away by the offers and strong marketing of these companies, but even if they have their merits for attracting customers, one should always research what they can offer, and especially to what extent they will not limit their earnings. There are many bookmakers, each offering different types of markets, and it's up to you to research which one fits your strategy best.

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Another key point is to read the concept of the value of a bet, the probabilities offered by bookmakers. Understanding what those odds represent and doing our own calculations of those odds, trying to find any difference between what we believe and what the bookmaker suggests, is something important to make lasting gains. One of the premises is to gain an advantage regarding other bettors, and in addition to knowing how to use methods and formulas to make a more correct reading of these probabilities, it is important to seek information from that event that the market is not aware of, and can make a better assessment of the possibility of earnings. Unfortunately, a very small margin seeks to delve into this.
 
Now, there is no point in all that we talked about if you have no control over your money. And believe me, the overwhelming majority do not have a method or management of their funds. It is a simple thing, if you do not manage your money well, there will be no money left to bet, as your path will be some losses or even bankruptcy, sooner or later. Working with stake or having a sense of how much to place on a bet is something that many have no idea what it is, either because they are blinded by a trust with no basis on a bet, or something even more common, which is to seek to recover quickly of some bets and lost money. If there is no standard or strategy to follow, you will hardly be able to stay alive in that segment.
 
Last, and not least, is the emotional side and how to deal mainly with negative results. It is here that many get lost, and unfortunately end up leaving their growth objectives in this segment in the way. Even big bettors fail, the difference is how they deal with these facts. Talking about cognitive bias in the betting world is absolutely common and makes perfect sense. Our brain moves our actions, and knowing how to deal with losses and failures is essential to maintain control and discipline in this segment. The reasoning, focus, common sense, intuition, among other factors, are extremely linked to the technical parts of the betting, and if a player does not know how to deal with all the elements in a harmonious way, we predict that his results will not be positive.

One of the main points to be a betting professional

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