Are You Allowing Yourself To Fall For These Common Sports Betting Myths?

Perhaps it is inevitable to some degree? The urge or compulsion to buy into common sports betting mythology? You know how this sort of thinking goes. In some sense, it shows up as something like following the crowd. With that in mind, how about a quick look at the most prevalent sports betting myths. That way you can ask yourself if you are tending to follow along with one or more of these myths.

First, let’s make sure everyone is on the same page with the terminology here. What is a sports betting myth? Wikipedia reminds us that a myth is defined as a “….widely held, but false belief..”. So in terms of your next sports bet, the question you might want to ask yourself is how you came to that decision. Was it based on careful sports betting research? Or something else entirely?

Now that everyone is on the same page with sports betting myths, how about a quick overview of the most commonly seen sports betting myths?

You may be surprised that one of the most common sports betting myths that shows up is that of wagering on the favorite. The fact of the matter is that quite a large number of bettors put way too much faith in the so-called favorite. Keep in mind that the professionals in the sports betting world know and understand that without question the reality of sports betting on the Pro teams and events is that the teams and players are extremely balanced in terms of skill and such.

Thus any sort of sports betting based on the so-called favorite has no real basis to support such a strategy. Interestingly, what looks to be the opposite strategy, that of wagering on the ‘underdogs’ is actually a more valid approach.

Yet another common sports betting myth that shows up has to do with those talking heads you spot on ESPN and such. Tune into most any sports channel or even your local news channel and you can’t even avoid the Sports Analysts touting their opinion. That’s okay, as long as you keep in mind that these folks are not professional sports bettors. In other words, wearing the title of sports journalist does not in fact that there is any inherent sports betting wisdom involved. Think about it: talking about a team, a player or an event is not even close to the skill of placing a winning sports bet.

In conclusion, ask yourself if you are following along with the too often followed sports betting myths reviewed above. If so, perhaps it is time to replace your sports betting strategy?

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