trophy

BOOKMAKER OF THE MONTH

10 most common rookie punter mistakes

rookie punter mistakesWhat’s your main goal before you place a bet? To simply have some fun, earn some money or have a long-term profit out of it? Even astute professionals started betting as a pastime while there are thousands of ordinary punters who place bets for fun or to spice up a match, without paying attention to betting strategies or staking plans. Regardless, whoever deals with betting on a regular basis, has to develop his way of thinking, choose the right style of play and, of course, learn from his mistakes. After all a mistake made today is a lesson learned tomorrow. Let’s single out the 10 most common rookie punter mistakes, that will help not only apprentice punters, but even more experienced bettors.

Get rich with one bet

This style of play can prove to be detrimental to your bankroll. If you place bets at the minimum possible amount with the target of winning a small fortune, it means you seek out extremely difficult aspects to be confirmed, such as huge upsets, unpredictable correct scores, or place massive accas. Remember, your actual chances of winning a four-match combo is less than 1.5% so you need a minimum payout of 70/1 to gain a profit in the long run.

Placing large amounts on "fun bets"

Bookmakers that don't request source of fundsThis is something nearly all bettors do, placing a few bets for fun. The exact reason is somewhat unclear: to spice up an evening TV match, have a good time with friends at home or colleagues at the nearest pub or simply due to a random inspiration.

This has nothing to do with professional betting

Many punters get sucked in by a match's atmosphere: Everyone has a prediction they're ready to "bet the farm" on and everyone will make extravagant plans on how they'll spend their winnings. In the vast majority of cases, you'll enjoy the suspense and emotions associated with expecting a win and will end up losing your bankroll. If you bet a couple of Euros, that’s OK, but you shouldn't go ahead with spending all your money.

Backing your club

Every football bettor supports a club as we all started watching football well before we placed our first ever wager. You have to be honest and ask yourself: Have you ever bet against your team? If the answer is yes, you might be on the right track to becoming a professional bettor. If not, you’re kindly requested to start being less biased towards your club. Unless you can control your feelings when your team is playing then you should eliminate every though associated with betting on them. Obviously, some times your predictions will be confirmed but if you think your club can win each and every match then you're putting emotions before logic.

Bet with the pros

22bet
7.8/10
7.8/10

Players Rating: (11 Rates) 7.3

8.3/10

Players Rating: (17 Rates) 6.8

1xBet
100% up to €130
Exclusive Code: BOOKSPY
BOOKSPY
exclusive
VISA
Mastercard
Bitcoin
Add Exclusive Promo Code: BOOKSPY. Get €130 or 30% Extra Bonus in local currency.
7.4/10

Players Rating: (4 Rates) 5.8

22bet
7.8/10
7.8/10

Players Rating: (11 Rates) 7.3

8.3/10

Players Rating: (17 Rates) 6.8

1xBet
100% up to €130
Exclusive Code: BOOKSPY
BOOKSPY
exclusive
VISA
Mastercard
Bitcoin
Add Exclusive Promo Code: BOOKSPY. Get €130 or 30% Extra Bonus in local currency.
7.4/10

Players Rating: (4 Rates) 5.8

Chasing losses

This is actually not only a rookie punter mistake but one professional bettors also occasionally fall for. You have to admit that losing is as common as winning in betting, if not more so. If you lose, you're not suddenly under the gun to get your money back. This does not apply only after you've lost a couple of matches in a row, but even within a week. You must simply admin you've lost and keep your cool. You don’t have to immediately find a match to chase your losses and by all means you must not place a bet on a match you would pass under normal circumstances. In high-tension moments, like losing a match due to a late goal or a wrong referee decision, you're advised to take a break and calm down.

Overbetting

Many professional bettors place their wagers on a daily basis, that’s a fact. However, there's a clear difference between making calculated choices and betting on every possible match. A vast quantity of bets is not a sign of professionalism, but the exact opposite, a lack of self-discipline. Don’t overdo it by betting all the time, as you increase the chances of nibbling your bankroll. To put it into numbers, it has been estimated that 27% of all bettors are profitable in a month's time. Out of them:

  • 32% of them bet between 10 to 50 times
  • 26% of them bet between 50 to 100 times
  • 25% of them bet between 100 to 1,000 times
  • 17% of them bet over 1,000 times

Your bets should be placed according to your play style and not simply because you feel like wagering. If you’re dedicating endless hours analyzing, you are bound to find various bets that may appear as if they are valuable. Careful analysis and documentation will show you that appearances can be deceiving in sports betting as well.

Poor money management

betting types on politicsThis is a common mistake among inexperienced bettors. Money management is as important as your winning percentage. There’s no use in having a tremendous series of wins if you don’t calculate your stake, as you’ll probably fall for increasing it after losing a series of bets. Always have a clear staking plan in mind. If you don’t like betting on flat stakes (the same amount of money), set your own limits on what a full stake, half stake, or fun bet should be. Once you set the limits, make sure to not exceed them.

Unfamiliar sports

A friend of yours is telling you to bet on a water polo “sure win”. The problem is, you can not remember when was the last time you watched water polo, not to mention placing a wager on it. No matter how tempting it may sound, you should probably ignore his advice. It's the same thing when you have an uncontrolled urge for betting, without caring about the sport or league. If you are familiar with football, but can't find any soccer matches, why should it be logical to turn to table tennis? You have to fight this feeling, as it is not only bound to cost money but may also be a sign of becoming addicted. If you’d like to widen your betting options, choose a sport and spend some time watching and understanding it before you place your first bet.

Overreacting to recent trends

There's a false belief among newcomers that a brand new strategy will always outperform an old one. This is derived from the fact that bookies tend to adapt to elaborate staking plans or arbitrage bettors. Take a note, check the strategy by staking small amounts, but don’t abandon your entire betting philosophy if you find something new. There’s no magic recipe in betting. Although some aspects or new strategies might be helpful το you, if you follow them without having observed clear results yourself you’ll end up losing your money.

Betting on popular choices

paypal bookmakerA common mistake, even professionals make is when they overreact to rapid odds movements. When it comes to betting, the majority is not always right, as bookies would be bust in a few days time. All you’d have to do is watch the bets picked by the majority of punters and follow them. No popular bet is always right, indeed when you look only at high staked matches around the world for a while, you’ll note that the majority of them is losing ones, or the odds offered won't give you a satisfactory profit. Stop betting on popular choices just because they’re popular. Develop your own research patterns and only bet along with the majority if you share the same opinion.

Getting greedy

How many times has a last minute supposed-favorite been lost and cost you a massive win on an acca? If you have never experienced this, you’re either lucky or really smart when it comes to betting. Never let your choices be influenced by potential profit amounts. This is a long time bookie trick, trying to push you to add more matches to your parlay, so you will earn  more money. Unfortunately, 9 times out of 10 you end up regretting adding a choice, not to mention those times when it's the only not confirmed on your accumulator. Once you’ve made your choice, stick to it. Don’t get greedy, or you’ll significantly lower your profit in the long run.

Get the highest odds

Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Stake.com Stake.com
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
200% up to $1000
Code:
Bet Now
Rabona Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
150% up to €150
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
20Bet 20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Code:
Bet Now
Librabet Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
100% up to €250
Code:
Bet Now
Royal Oak Sports Royal Oak Sports
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:WELCOMESPORTS
100% up to $100
Code: WELCOMESPORTS
Bet Now
Bet365 Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Code:
Bet Now
Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Stake.com Stake.com
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
200% up to $1000
Code:
Bet Now
Rabona Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
150% up to €150
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
20Bet 20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Code:
Bet Now
Librabet Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
100% up to €250
Code:
Bet Now
Royal Oak Sports Royal Oak Sports
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:WELCOMESPORTS
100% up to $100
Code: WELCOMESPORTS
Bet Now
Bet365 Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Code:
Bet Now

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

You can’t hope to achieve much success in betting on tennis without thorough preparation. That preparation begins with understanding both X’s and O’s ...

Read more »

Although the “Fibonacci sequence” may at first seem a bit intimidating, or even completely irrelevant to gambling, it has been successfull...

Read more »

Rule 4 is a mechanism through which deductions are made to horse racing bets when a runner withdraws from a race. This rule is often not known or misu...

Read more »

One of the most commonly bet sporting leagues in the world, the NBA offers daily value propositions for bettors from October through to June. This pro...

Read more »

One of the most important aspects in making a profit and generally being successful in sports betting, is to have at least some basic money management...

Read more »

The Treble Bet is a type of multiple where three separate selections build one wager. If all three legs win, the bet makes a profit; otherwise, you lo...

Read more »

Keeping an accurate and precise betting tips archive is a crucial factor for every bettor, even apprentice ones. Apart from the obvious reasons of kee...

Read more »

Parlay betting is easily the most recognizable type of wager for punters around the world. We all know the essence of it. You win more money compared ...

Read more »

Nothing encapsulates the emotions associated with football like last minute goals. Few things compare with witnessing your team score a late winning g...

Read more »

When it comes to betting online on the NFL, where you choose to bet is just as important as who you choose to bet on. To give you the best chance of w...

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Stake.com
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
200% up to $1000
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
150% up to €150
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
100% up to €250
Royal Oak Sports
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:WELCOMESPORTS
100% up to $100
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €240
Mystake
  • Few country restrictions
  • 1,000+ pre match events daily
  • 400+ football markets
100% up to $500
Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
100% up to €50
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
High Odds
FEZbet
  • Cashout
  • Next Minute bets
  • Fast Markets
150% up to €100
LATEST BOOKMAKER PROMOTIONS