TOP 6 Serious Mistakes in Live Football Betting

Live football betting is a popular choice for many bettors due to its speed and convenience. However, players often face losses when betting online because they may not know how to analyze the odds or are making 6 common mistakes listed below. Let’s see if you fall into any of these categories!

1. Betting Only on Your Favorite Team

When analyzing livesoccer prediction matches, most bettors tend to favor their favorite team. However, this can be a weakness that leads to poor decisions and a high risk of losing money.

Even if your favorite team is playing, it’s crucial not to let emotions cloud your judgment. Additionally, another common mistake is betting on famous teams.

Here are two issues with this logic:

• First, is your favorite team performing well? How are their results this season? If the team is on a downward trend, betting on them can result in significant financial losses.

• Second, betting on popular teams doesn’t guarantee a win. If everyone is betting on the same strong team, it reduces the odds and the potential payout. Remember, football is always unpredictable, so don’t expect “strong teams always win.”

2. Not Choosing Value Bets

Not choosing value bets is a common mistake in football betting. Many players try to understand what “value” means in betting. It refers to balancing the risk and potential reward.

The success of a bettor isn’t about picking the most winning teams but choosing odds that are favorable for themselves. This is one of the methods to make a profit in live football betting.

To bet on value, you must pick odds with a high probability of winning. However, to achieve this, bettors need to spend time and effort. Specifically, they need to research the teams, the tournament statistics, news, and club performance. Only then can you develop a deeper understanding of the odds and find true value.

However, it’s important to note that most betting odds have negative value, making it hard to predict accurately. This is because bookmakers rarely offer players a true value bet.

3. Ignoring the Home Advantage

When reviewing match information, many bettors overlook a crucial factor: the home team. This will directly affect your decision when choosing live football betting odds.

Statistics show that over 85% of teams perform better at home than away. Many bookmakers believe that the home team has a +0.74 advantage in scoring and a +0.37 chance of conceding. Not to mention, the home team usually has better ball control and a greater opportunity to dominate the game.

4. Sticking to One Bookmaker

Due to the prevalence of scams, many bettors choose to stick with atop 100 bookmakerthey trust. However, no bookmaker is perfect, and each one has its pros and cons. This habit can lead to unnecessary mistakes in live football betting.

Many players mistakenly believe that their chosen bookmaker offers the best odds in the market. Unfortunately, many reputable bookmakers provide better odds, betting options, and higher winning chances, along with additional rewards.

To avoid this mistake, bettors should explore other bookmakers and find those that offer optimal odds. Additionally, many services provided by these bookmakers, such as transactions and value, differ, giving players more betting options.

Some bookmakers that players can trust for live football betting odds includeWin tips, a top-tier bookmaker in the country that operates professionally and regularly offers major global tournaments.

5. Poor Bankroll Management

The final mistake, but a crucial one, is poor financial management, which often leads to players losing all their money. Wherever you are, failing to manage your bankroll can lead to significant losses.

To avoid going broke, keep the following tips in mind:

• Set a budget for betting and stick to it. Never bet more than you are willing to lose. It may sound difficult, but once you master managing your betting funds, your balance will be preserved.

Losses are a clear sign that your bankroll management is ineffective. Thinking that you can recover your losses by betting more is a dangerous mindset. Unfortunately, many players end up losing even more money in this cycle.

To solve this problem, forget about “revenge betting” and focus on your pre-set betting plan. For example, if your betting account has 10 million VND, only use that amount throughout the season.