Top 10 Beginner Mistakes
1.
Betting on luck
No analysis = lottery, not betting
No analysis = lottery, not betting
2.
Chasing losses
The #1 cause of bankroll destruction
The #1 cause of bankroll destruction
3.
Betting on every match
Quality over quantity — only seek value bets
Quality over quantity — only seek value bets
4.
Ignoring bankroll management
Without bet sizing rules, any strategy is dangerous
Without bet sizing rules, any strategy is dangerous
5.
Bets over 5% of bankroll
One bad day can destroy your entire bankroll
One bad day can destroy your entire bankroll
6.
Trusting paid tipsters
Paid tipsters are scammers in 95%+ of cases
Paid tipsters are scammers in 95%+ of cases
7.
Not tracking statistics
Without records you cannot know if your approach is profitable
Without records you cannot know if your approach is profitable
8.
Betting on unfamiliar sports
Expertise is critical for success
Expertise is critical for success
9.
Overrating hot form
3 wins in a row does not guarantee the next
3 wins in a row does not guarantee the next
10.
Betting under emotional influence
The fastest way to drain your bankroll
The fastest way to drain your bankroll