Overrated Football Betting Myths You Might Believe

Myth 1: All Sportsbooks Have the Same Betting Odds

Betting odds can be a complex subject, and understanding how they work is essential to making quality bets. It´s a common myth that all sportsbooks offer the same odds when it comes to wagering on football games. This is simply not the case, as different sportsbooks may end up having different offerings on the same game.

Therefore, it´s important to shop around and compare the odds from multiple different sportsbooks before placing a bet. This will help ensure you get the best deal possible, and it´s also a great way to figure out which teams the sportsbooks expect to do well in a given week or season.

Myth 2: You Should Place Multiple Bets on a Single Game

Another common football betting myth is that you should always place multiple bets on a single game when wagering. This is usually done as a way to increase the potential payout without increasing the risk; by covering yourself with multiple bets, you have a better chance of making money from at least one of them.

Plus, there´s the fact that you can´t predict the outcome of a game with 100% certainty. A single bet on a game covers a greater range of possible outcomes, increasing your chances of ending up with a profitable result. This makes placing one wager on a game a more efficient option when it comes to football betting.

Myth 3: Doubling Down After Losing Can “Make Up” for It

It´s only natural to feel a bit rattled after a big loss on a single bet. This is when many untested punters start to try and “make up” for the loss by doubling down on their next bet. The logic behind this is that doubling down means you double both the potential payout and the potential loss.

If anything, putting all of your eggs in one basket in an attempt to recover from a single loss could make matters far worse, resulting in even bigger losses that could have been avoided. Instead, you should always stick to your tried and true money management plan, no matter how tempting it may be to double down after a loss.

Myth 4: You Need to Bet on Football Every Week

Some football punters believe that they need to be constantly wagering on football matches in order to make money, but this isn´t necessarily true. Not every week is going to have the same odds and lineups available, and it´s usually a good idea to practice a bit of discretion when it comes to betting on football.

It can also be beneficial to wait for juicy odds that you´re confident in, as this will decrease the risk and increase the potential profit. Other strategies such as hedging bets, or betting on fewer games and always placing your maximum allowable bet can also improve your overall returns.

Similar Posts