Two Beginners Gambling Mistakes
Lets have a look at 2 key mistakes you can avoid when placing your bets online.
1. Not Using Bonus Betting Offers Correctly.
One of the cornerstones of value betting is taking advantage of free sports bets and no deposit bonus offers to add more value to your bets. However many people don’t use the bonuses or free bets properly and miss out on the value they provide.
Let’s take a recent example to show you what I mean:
All free bets whether they are of the no deposit kind like the current £5 get £20 at Coral or the matched bets type like £200 free at bet365 are designed for a reason – to get you betting and parting with more cash.
At the beginning of the Euro 2019 football tournament Betvictor were offering a money back bet up to £50 if Spain won the tournament. These types of offers come up regularly at big sports events so it is worthwhile looking out for them.
Clearly you would not bet on Spain to win and as you were offered good odds that you would get your money back if you placed a bet on an outsider to win then betting on Portugal or England as 14/1 and 20/1 outsiders is a good risk.
Where most people go wrong with this kind of bet is that they get too greedy and plump for rank outsiders trying to pull off spectacular odds. Try and stick to finding the value in the bonus offer and using it to your advantage. Like this example.
2. Not Getting The Best Odds
Bookmakers are in it to make money from losing bets. Maximizing your winnings from your winning bets is the name of the game.
The reason we own multiple Bookmaker accounts is because some Bookmakers are strong in some areas that others are not so good at and vice versa.
It makes sense to place your bet at the Bookmaker where you are going to get the most value if your selection wins and not just keep repeatedly using the odds presented to you at your favourite bookie. As always it pays to shop around and get the best price.
As an example of strengths, bet365 are extremely strong when it comes to in play mobile betting. They have the best developed platform for this type of betting as they were an early adopter of this technology. Betfred (see my Betfred review review) often has some of the very best odds with their daily “bet of the day” and Coral (see my Coral review) although a comparative late starter has brought a freshness and ease of use to the betslip. Read all the bookmaker reviews and start to get a feel for which Bookmaker is the right choice for a particular bet.
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