6 Super Bowl Betting Mistakes You Need to Avoid for the Game Chiefs vs 49ers

According to estimates, the belief is that over $21 billion will be wagered by Americans on the Super Bowl this weekend. MyBookie Sportsbook | Avoid These 6 Super Bowl Betting Mistakes

No matter which way you slice it, that is a lot of money, much of which will come from casual bettors putting money on the game for fun. A good portion of those bettors will lose their money, and a lot of them will do so because they make mistakes while getting in on the action. There are certainly plenty pf pitfalls to be found in sports betting, which is why only the best are able to consistently walk away a winner. This list could be huge, but let’s take a look at 6 common mistakes made in Super Bowl betting.

1.Betting With Your Heart

If you are a fan of either the Chiefs or 49ers, it is always tough to bet against your team, but betting with your heart is the quickest way to lose your money. Sure, you want your team to win every week and especially in the big game, but someone always has to lose. Before betting, you need to look at all the angles and use your head, even if that means betting against your team. If you aren’t able to do that, maybe sit this one out.

2.Stick With Your Bet

With 2 weeks between the conference championship games and the Super Bowl, there is a lot of time for the odds to change. The majority of the wagers are placed in the 48 hours leading up to the game, but there are also plenty who get their wagers places as soon as the odds are released. If you are in that group, place your bets and leave them be. Don’t start adjusting or changing when the odds change.

3.Contradictory Betting

This tends to happen when talking about prop bets. Let’s say that you have placed a bet on the UNDER, does it then make sense to start dropping prop bets on QBs having career passing yard days? If you plan on placing a ton of bets, make sure that they all sync up in some way.

4.Understand Your Bets

While it’s fun to have multiple wagers on the go throughout the game, stick to those that you understand the best. A straight up pick is simple, and maybe a little boring, but it is easy to understand. Don’t start trying to put together parlay tickets using wagers that you hope will come up without fully understanding what they are about.

5.High-Risk Wagers

Another mistake that bettors make is placing bets that have the potential to pay out big, but which are very much of the high-risk variety. These include parlays and betting on extreme longshots. Yes, the payouts will be huge, but the chances of them coming up are slim. You are better off with smaller, more predictable bets that will slowly build your bankroll.

6.Blowing Your Budget

Most of us have a budget in mind when we get into sports betting, and if that is indeed the case, do not deviate from that budget just because it’s the biggest game of the year. Only wager what you can reasonably afford to lose, even if that means betting smaller or skipping some prop bets you’d love to make.

People tune into the Super Bowl for very different reasons. You have the fans of the competing teams tuning in, hoping to see their team end the year as a champion. MyBookie Sportsbook | Avoid These 6 Super Bowl Betting Mistakes

You have people going to parties that don’t really care about the game, but who get caught up in the spirit of the whole thing. Then you have the serious bettors, all of whom are looking to cash in on the final game of the season. The one thing that a lot of these groups have in common is that the vast majority will have some sort of action going on in the Super Bowl. The serious bettors more than likely have a formula that they follow all season long, which they will not deviate from in the championship game. For those who are simply betting to have some fun, or for the more casual bettor, there are a number of mistakes that they make that is tantamount to basically handing all their money over to the bookies. Let’s take a look at 6 of the most common mistakes that Super Bowl bettors make so that you can avoid them this weekend.

1.Heart Over Head

A lot of people make this error, but it is very often the fans of the competing teams in the Super Bowl that fall prey to this mistake. Desperately wanting your team to win is fine, as well as being totally expected, but basing all of your wagers based on nothing more than that is a recipe for disaster. Super Bowl 58 figures to be a close one, so it is not entirely ridiculous to bet on either team to win, but you still need to take the time to break the game down and make the bets that give you the best shot of winning, even if that means betting against the team that you are rooting for.

This type of thinking also spills over into prop bets, especially when talking about individual player props. Don’t simply bet on one QB or another to have a career day when they are going up against a great defense. Sure, it can happen, but chances are it won’t, and you will be left out of pocket. If you cannot stomach the idea of betting against your team, it’s better to sit it out than make a foolish bet.

2.Altering Bets

With 2 weeks between the Conference Championship Round and the Super Bowl, there is plenty of time to think about your wagers to make sure that you are positive about what you are doing. The fact of the matter is that there is unlikely to be a whole lot of movement in the odds during that time, which is why some bettors like to get their wagers placed as soon as the odds are released, even though the majority of the money is placed in the 48 hours leading up to the game.

If you were early to get your wagers in, leave them be. Don’t get lulled into making more bets because of a slight change in the odds. The thing here is that you should only place your wagers when you are totally sure of how you think the game will go, even if that means waiting until the very last second to do it.

3.Inconsistent Wagering

This is a common mistake that a lot of people probably don’t even think about. With so many different prop wagers available for the Super Bowl, it’s easy to start printing tickets without really thinking about your overall strategy. What do we mean by that? Let’s use the point total as an example. The Chiefs and the 49ers both have outstandings defenses, which is more than likely going to lead bettors in the direction of the UNDER when playing the point total. That’s a solid enough bet, but if you then go to the player props and start betting the OVER on total yards and such, you are essentially wagering against yourself.

4.Not Playing What You Know

Given the wide range of bets available for the Super Bowl, it can be tempting to stick your finger in every available pie. The feeling here is that this is the best way to maximize your potential earnings, but what you are doing might have the opposite effect if you are making wagers without fully understanding the intricacies involved. If you don’t regularly follow football, why would you then start making wagers on props that involve individual or team performances? Unless you go on some crazy crash course in the 2 weeks leading up to the Super Bowl, you run the risk of throwing money away. If you are betting for fun, keep it simple and wager on things like the straight up win or the spread.

5.Going For Broke

Specifically here, we are talking about investing your betting dollars in high-risk wagers. Yes, the returns are potentially fantastic, but when you are looking at long odds, be aware that the bookies have listed those odds for a reason. They know a whole lot more about these things than you do, so your chances of getting one over on them on a high-risk bet are not particularly great. While smaller wins are not exciting as those big splash plays, the reality is that it’s those smaller wins that will help you build your bankroll over time. Going the high-risk route is never the way to go if you want to be a consistent winner.

6.Overspending

This is always a bad idea, especially if you are breaking your own budget or wagering rules to place those bets. You should never bet more than you can reasonably and comfortably afford to lose, so even if you start the day strong by winning a couple of early prop bets, don’t fool yourself into thinking that your luck is going to continue throughout the day. Set a budget and stick to it.

I have read enough, I need to place my bet now. What to do?

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