What Are The Most Common American Football Wagering Mistakes?

  • Share on Pinterest

Making money by placing your hard-earned money on American football can be challenging but you can make your life so much easier by avoiding common mistakes. To get you back in the green and earning a profit check out some of the fundamental mistakes American football gamblers make.

Not Researching Bets

When gambling on American football it can be so tempting to just bet with your heart and place a wad of cash on your favorite team. However, this is a losing strategy that will end up with your wallet being substantially lighter. If you want to become a winning bettor you need to research every wager you place and treat it as an investment. You need to come up with a gambling idea. For example, you think the Philadelphia Eagles are going to beat the New York Giants. You then need to study statistics with an open mind and only if the evidence agrees with your idea should you make the wager. For example, you may find out the Eagles have won 5 of the last 8 games and the game is being played in Philadelphia where the Eagles have a strong winning record. It is very important you only place wagers when the statistics agree with your thesis.

Gambling Too Big On Each Game

Even if you are the greatest American football gambler in the world, if you wager with all your money on every wager you will go broke very quickly. Sports wagering has lots of volatility which means even professional gamblers go through losing streaks which can last a long time. To prevent yourself from going broke you need to be very conservative in your wager size. Most professional American football gamblers choose to only bet with 1% or 2% of their bankroll on each bet. For example, if you have $10,000 to bet, your max wager size would be $200. Many beginners make the mistake of wagering way too much and quickly end up with no money left to gamble. Start slow and only increase your stake after your bankroll grows.

Not Claiming Sportbooks’ Bonuses

Sportsbooks offer a range of lucrative bonuses including free bets and bonus cash that you can claim to quickly boost your winnings. To take advantage of these deals you should sign up to multiple sites and continue claiming these deals. It is far easier to beat the sportsbook when you are playing with the house’s cash! When you run out of bonuses simply message customer support and see if they can offer you other deals.

What Are You Waiting For?

The next time you bet on an American football match make sure you perform thorough research, size your wager conservatively and claim as many different bonuses as you can. If you do that, don’t be surprised if you win an extra few hundred dollars and avoid all mistakes!