This is one of the most arguable questions with it comes to sports betting. Every rookie would like to know the answer to it, and hopefully move up to that small percentage that makes money.
Unfortunately, there’s not simple answer to this question! The answer rather relies somewhere in you since everyone is different. You have to find for yourself what separates you from the pro gamblers.
This is your job, if you are really serious about making money from betting on sports. You can read tons of books, articles, and help sites such as this one, and still learn nothing, if you are not willing to look deeper and find your weak spots and work on them.
To make it easier and more visual, checkout the table below:
| Traits: | Successful Sports Bettor: | Unsuccessful Sports Bettor: |
|---|---|---|
| Wager's always and only 1%-2% of his/her total amount |  |  |
| Uses technical and fundamental analysis | | |
| Relies on hunches and emotions | | |
| Disciplined | | |
| Calculates the risk-reward ratio (the bigger, the less right you have to be) | | |
| Bets on favorite teams, or teams they like | | |
| Bets under the influence | | |
| Bets on what "someone" said will happen | | |
| Bets with money they cannot afford to loose | | |
Of course the list can be a lot longer, but these are some of the common mistakes I’ve seen in the local bookies here. The last thing you want is to get an advice from people hanging there.
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