Last time I talked about the dangers of chasing when betting on sports. Equally important is having similar sports betting disciple when you're winning. There is tendency among sports bettors to either increase bet size or bet on more games at your sportsbook because you are on a winning streak. Perhaps bettors feel they can't lose. They can and will lose.
For every winning streak there will be a losing streak and you have to fight the temptation to increase wager amounts and the number of games you are betting on. Stay on course with your betting strategy at your sportsbook and you'll be a more successful bettor.
Try never to become too sentimental when betting on sports. The sports bettor must distinguish between being a team fan and betting on a team.
Betting the team that you want to win rather than relying on sound handicapping skills and trends often leads to disappointment on two fronts - a team and a wagering loss.
There is a strong tendency to increase your bets in order to make up for a loss or series of losses. This is not a good sports betting strategy. The simple fact is you will lose bets. You will have losing streaks and winning streaks. That is part of betting on sports.
In order to have a fighting chance at your sportsbook, you need to be disciplined. Chasing losses will put your bank roll at risk. If you're losing your sports bets, reassess your handicapping. If you see mistakes, learn from them. Keep your betting wagers consistent even when losing and your sports betting experience will improve.
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