With the rapid explosion of betting available on the internet there are major chances for sports betting enthusiasts to take much greater profits than was previously available. However with these profits available there are also some major pitfalls that you must be weary of falling into which will be discussed here. 1) Overbetting One of the most common mistakes that practically all gamblers will make at one point in time. The cause of this mistake lies in greed and eagerness to turn a higher profit. Gamblers see a bet as a sure thing and will then back it for more than the bet limit of their bankroll (i.e 5%, 10% etc.). To avoid making these mistakes, find a proper bankroll system and stick with it. Stick to the rules and you will be safe. 2) Chasing Losses As a direct consequence of overbetting, or just resulting from a bad run of results (which will happen from time to time) some bettors will become psychologically rattled and may feel cheated. The result of this feeling is for them to vow to get their money back again by increasing their stake to match the amount previously lost. If the run then continues losses and stakes will start to spiral out of control and the entire bankroll will soon be blown. more coming soon
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