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Top 5 Biggest Sports Betting Myths

Top 5 Biggest Sports Betting Myths

One may assume that sports betting is just another risky hobby that has nothing special about it, and they would be mistaken. With the sheer amount of advanced technologies, modern bettors have turned this activity into a real science surrounded by many misconceptions. Betting beginners or skeptics often perceive these myths as true. Therefore, we decided to debunk the most unreasonable of them in this article.

Bookmakers are always right

Although betting companies determine the initial odds for all sports events, they are not infallible experts. Any experienced betting enthusiast knows that bookies do not consider many nuances when it comes to their predictions. Thus, sports history has seen numerous cases where teams or athletes with lower winning odds have won competitions.

All online betting sites are fraudulent

The online betting market has grown to an incredible capitalization over the last 20 years, and scammers cannot overlook this financial potential. However, only inexperienced gamblers can assume that all betting sites deceive their users. There are dozens of licensed platforms on the web that can offer you fair betting and timely payouts. And if you cannot find such a site on your own, use one of the platforms that analyze and recommend legal betting operators.

Fans are excellent sports bettors

Even if we are talking about the most passionate fans, love for a particular sport is not enough to make a great bettor. You can track every match of your favorite team and assume you know everything about its current situation and prospects. But in reality, sport revolves around many more things than the competition itself. And advanced gamblers always consider these factors before betting.

Sports betting is based solely on luck

Betting beginners also often believe that sports betting is dictated by luck only, and your knowledge of teams, athletes, and other factors does not matter in the end. While luck may indeed play a role in the outcomes of certain bets, millions of bettors believe that an analytical mind is much more vital in this regard. And given that many of them show positive winning statistics regularly, their beliefs make sense.

Insider information is always useful

Many bettors come across tipsters who are willing to provide them with insider information about the competitions they are interested in for a fee. For the most part, these self-proclaimed experts have many clients and encourage them to place different bets even on the same events. Thanks to this approach, they always guess the correct result. Even though some bettors benefit from such “predictions”, most of them are based on intuition and are definitely not worth the money.

Read more: Top Canadian Betting Platforms

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