Sports betting is actually fun and a great way to test your knowledge, but let’s be real about it: most of the bettors actually end up losing more money than they win. Why? Because they commit simple mistakes that could have easily been prevented. The importance of winning consistently isn’t just about luck; it’s about the smartest possible decisions, patience, and avoiding bad habits. To avoid burning one’s bankroll, I’d like to discuss some of the biggest mistakes to be sure of fixing them.
1. Betting Without a Strategy
Jumping into betting without a plan is like driving with a blindfold on: you might get lucky for a while, but eventually, you’ll crash. Many gamblers just place random bets based on intuition or based on what other people tell them to do.
We suggest trying the flat betting strategy. It is used by professional gamblers because it’s very easy to apply and can save you a great deal of money in the long run. This is how it works:
Decide on a particular budget for gambling. From that budget, spend from 1% to 5% on each wager. Be consistent no matter what, whether you are winning or losing.
Example: Let’s say you have a bankroll of $1,000 and decide to spend 3% on each bet.
Bet 1: $30 on Team A to win → Win → New bankroll: $1,060
Bet 2: $30 on Over 2.5 Goals → Loss → New bankroll: $1,030
Bet 3: $30 on a Basketball spread bet → Win → New bankroll: $1,090
Bet 4: $30 on a Tennis match → Loss → New bankroll: $1,060
2. Betting without analysing the odds
Most people believe that betting on the favorite all the time is the safest, but that’s not always true. There are times when the odds given to a favorite are so low that even if you win, you only make very little profit. If the favourite loses, so do you!
Smart gamblers also look for a value bet—where the odds are better than they should be. That means choosing the underdogs or less likely outcomes (if the stats and conditions suggest it) is a good idea sometimes. Always compare odds between different events and across bookmakers before wagering.
3. Placing too many bets at a time
Some just believe the more they place, the greater are the chances of winning. Betting on everything just increases the chances of bad decision-making. Don’t spend all your bankroll on 10 different bets. Focus on a few well-researched ones. Quality over quantity is the name of the game. The actual thrill is not about the number of wagers made but strategy.
4. Being Controlled by Emotions
After losing large amounts, many people are tempted to increase the stakes just to recover. This mistake is also known as “chasing losses”. Others place bets on their favorite team, even though the stats clearly point out that they’ll probably lose.
How do you avoid emotional control while betting?
Never, and we cannot stress this enough, bet when you’re angry or frustrated. When you’ve lost a few bets in succession, take a step back for a time. You can do activities that help you keep your emotions in check, like taking a walk, listening to your favourite songs, meditating or meeting with friends and, when you’re ready, you can start gambling again. Remember that even expert gamblers lose sometimes.
If the stats and odds do not support your wager, do not place it – no matter how much you like a team or player.
5. Not using the right bookmaker/app
The simplest way to avoid these mistakes is by using a good gambling app with advantageous odds and a diversified sport catalogue. It won’t only make your hobby easier and more fun, but also avoid overspending. We recommend trying the Betwinner APK online betting, no matter if you’re new or experienced.
If you have a smartphone, the Betwinner brings a whole world of sports to your fingertips, like football, basketball, tennis, esports, cricket, badminton, gymnastics and many many more (over 50 unique sporting events every day). It also offers real-time statistics, in-play wagering and even opinions from experts!
But how does the Betwinner app help you avoid overspending? Well, you can set a limit and the app won’t let you exceed it. It’s important to keep in mind that gambling is a hobby and not a way to earn money. If you feel like it’s starting to become a problem, Betwinner offers the self-exclusion option. If you choose to exclude yourself from the platform , it won’t let you place another bet for 3, 6 or 9 months (depending on the period you choose).
All in all
With a winning mindset, a solid strategy, and a smart use of the Betwinner app, you will definitely win your money and not lose it. Gamble responsibly, stay disciplined, and above all, have fun playing!
