Many of us have friends that are huge eSport betting fans. They constantly keep up to date with all the latest news surrounding their favorite eSports, and they like to frequently tell you about the nice profits that they are making. However, occasionally, their bragging ends up sounding more like a lesson on common mistakes to avoid when betting on eSports. The eSports betting world is an unforgiving one, especially for those who are new to this industry. However, if you take into account the common mistakes that we are about to tell you about below, you can ensure your eSports betting experience is a more pleasurable one.
Having Expectations That Are Unreal
Many newcomers to the eSports betting world have expectations that are really unrealistic. We are not joking when we say that there are many people out there who feel that they can become rich overnight thanks to eSports betting. Sure, there are some people out there who have earned a lot of money off eSports betting, but these are definitely the minority. If you want a career in eSports betting, then you need to have a mindset that is not full of unrealistic expectations. If you become knowledgeable in the sport and make use of a proper betting strategy, then you could find yourself cashing out big a few times a month. However, you need to understand that you will have some terrible months too. Just keep in mind that betting on eSports is a marathon and not a sprint.
Not Keeping an Eye on Your Budget
Let us be honest, a lot of us live on strict budgets so do not often have enough spare for our hobbies. This is why it is very important that you pay attention to your budget and work out how much money you can afford to bet with before you start to think about placing wagers. You do not want to bet too much to begin with and end up broke for the rest of the month. This is something that has happened to the best of us, so it is nothing you should be ashamed of, but we need to learn from the mistakes we make which is why we are you telling you this. Pay attention to your budget - necessities such as bills, drink, and food all need to come first.
Not Taking a Break after a Big Win
If you just landed a big win then call it a night and do something else. A lot of the time people get greedy after a big win and start making huge bets in order to try and make even more money. This is not a wise move as a few losses will mean that you have lost all the profit that you have just made. If you win big, you should withdraw a chunk of your winnings from your account, so that you are not tempted to place some big wagers. By all means, leave some of your winnings in your account for future bets, but not all of it.
Not Carrying Out Enough Research
If you want to just win a couple of bets here and there, then you can try and rely on luck all the time. However, if you want to continuously be successful, you cannot rely on luck, you need to have knowledge. However, as you are probably aware, knowledge is not something that you can get overnight - you need to put in the time and effort to read everything related to your field so that you can then put your newfound knowledge to the test. This is really the only way that you can be successful in such an unforgiving hobby.
Not Paying Attention to Fatigue
In the world of eSports people often say that fatigue is something that does not exist because there is no physical activity. Well, that is correct, but just because physical fatigue does not exist it does not mean that there is no other type of fatigue. Psychological fatigue exists and this leads to bad performances. The participants are in a high-pressure environment and spend a lot of hours practicing for upcoming events. Therefore, if you want to be a successful eSports bettor, then you need to take into consideration a team’s busy schedule. This might seem a bit ridiculous to you at first, but it does definitely affect how a team performs and can help to sway the odds in the other team’s favor.
Source: https://www.gamblingsites.org/esports-betting/mistakes-to-avoid/