Starting out betting on sports can be intimidating, it’s true. Suddenly, you’re presented with what feels like an infinite number of screens with statistics about lots and lots of games, along with countless more screens with a bunch of numbers and decimal points, and before you know it, you’re back in high school math class and breaking out in a nervous sweat.
A completely unnecessary nervous sweat, that is, because with just the subtlest of nudges in the right direction, anyone can enjoy https://australianbettingsites.org/free/ betting on their favourite sports. Herewith then, a beginner’s guide to starting out betting on sports.
Keep It Simple, Stupid
It’s important to point out from the onset that this applies first and foremost to beginners. When just starting out, be sure to stick to just a couple of easy-to-grasp bets. And the simplest of these is betting on whether or not a win is going to happen in favour of a specific team. This type of bet is referred to as a futures bet, one of the best types of bets to try your hand at when just starting out.
The difference between a sharp and a not-so-sharp bettor is simple: attention span. And this is a truth that applies all the way through just starting out to being a dab hand long in the game. Successful bettors realise the value of playing the long game, and they base their wagers on an overall assessment of the quality of a team. Short-sighted bettors have short memories, focusing instead on what happened ‘two weekends ago’.
Avoid Betting Parlays
A parlay bet requires a bettor to predict a winner of more than one outcome or result. The pick will typically require of the bettor to predict the winner of a game, the total score and any one of a host of proposition bets, ranging anywhere from boring to exotic. Parlays certainly can be remarkably profitable and lucrative, but it’s important to be aware that parlays on average pay a whole lot less back to the bettor’s pocket.
Check Those Emotions
Since enjoyment and experiencing a sense of fun are tied directly to our emotions, this is obviously not us trying to tell any bettor to turn stone-hard-cold when wagering a bet. But by the same token, an over-emotional approach hasn’t ever really served anyone – not in business or any other variety of decision making, including sports betting.
There are two opposite considerations to be made when betting on your favourite team. On the one end of the spectrum, we have a bettor knowing a whole lot more about a specific (favourite) team than about the majority of other teams. And since in sports betting, knowledge is power, this is a good thing indeed.
But it’s important to be mindful of the opposite being true also: emotional bias is real. It’s absolutely naturally human to want to bet on a hometown team. Just remember to keep a check on the head/heart balance when mindful of how it all pans out for your wallet.