How not to make betting mistakes


Probably every bettor on pk.parimatch the way to the beginning of his career has made mistakes that led to financial losses. In betting, no one is safe from this, even the most experienced professionals. Nevertheless, it is possible to significantly reduce the risks. What can you do? Learn from other people's mistakes. This is what we will talk about.

Mistake 1: Using pseudo-efficient strategies

These include the Martingale strategy, Catch-up, forks, corridors and many other strategies that are called "win-win". In fact, some of them may be able to provide a win over a short distance, but in the long run they are completely ineffective, irrational and always lead only to a loss. Or even to the complete financial collapse of the player.

Mistake 2: Not accounting for variance

Some players don't pay much attention to the variance; others don't even know what it is. Yet the variance is a key and very important thing, which affects the success of a single bet and a strategy in general.
So successful betting is simply impossible without understanding and taking into account the variance.

Mistake 3: The probabilities of the results of events are not analyzed

Bettors who do not analyze the probabilities of event outcomes do not see the real distribution of power between teams and individual players. And they also do not see which team has a better chance of winning. Accordingly, they make the wrong bets.

Remember, there are 3 main factors influencing the probability of predicting any sporting event - the team's skill, the morale/emotional mood of the athletes and the degree of physical preparation of the players.

Only when these factors are taken into account a quality sports analytics and further building a successful strategy is possible.

Mistake #4: Forgetting the margin

A certain percentage of margin is given by the bookmaker to each odds, so it must be taken into account. Too much margin does not allow you to win big profits no matter how successful your bet is.

That's why you have to choose several bookmaker's offices at once to be able to choose the most "tasty" odds.

Mistake 5: Not knowing how to manage your betting capital properly

Although in fact, this is a fundamental principle of successful betting. Because even if you eradicate all the bad habits of an amateur bettor, but still do not learn how to manage your own capital, you will lose your entire bankroll.

 

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