Latest Online Betting Myths: True or False

Posted: September 9, 2021

Updated: September 9, 2021

Amateur bettors spend their years of online and offline gambling to hit the winning bet
There are more and more people who want to sell you win-win strategies
Get ready for the latest online betting myths!

In search of Mecca or the Golden Eldorado, amateur bettors spend their years of online and offline gambling. All of the above is a conventional name for win-win strategies that are supposedly designed to help you get guaranteed profits in bookmakers. With the development of the Internet, there are more and more people who want to sell you win-win strategies. The question arises - are there strategies that allow you to make a sports bet? Let's try to understand this issue from all sides. Get ready for the latest online betting myths!

It is Impossible to Beat the Bookmaker in the Long Run

Many people believe that it is impossible to win a bet several times in a row. Probably, in all cultures and all languages, there are sayings regarding the loss of money in gambling. This myth is most likely because most people tend to lose more often than they win. However, the fact that your friend, being in a frenzy, starts throwing smartphones and laptops after the final whistle, does not mean at all that in the bookmaker's office you can only merge. Betting has nothing to do with casino gambling and luck. Naturally, if you want to win big, you need not only luck but cold-blooded calculation, multiplied by extensive knowledge of sports betting. Indeed, they will play a big role. The fewer mistakes you make, the more chances you have to beat the bookmaker. All in all, although it requires a lot of effort, it is quite possible to beat the bookmaker! Online sportsbooks in the USA are a great ground to practice your skills.

Latest online betting myths: Bookmakers Influence the Outcome of Sporting Events

Indeed, this is a very popular myth, supported primarily by followers of conspiracy theories. People believe that there is something like a global bookmaker conglomerate that controls almost every sporting event on the planet. As a result, the player has no chance to beat the BC at a distance. When such people lose money at the bookmaker's office, they write off everything on the fact that all matches are agreed. Better learn more about Best Games for Online Betting!

The truth is that bookmakers don't even need to organize this to be on the positive side. Indeed, their profit practically does not depend on the results of the game. In reality, it depends on the number of bets placed by the players. Moreover, bookmakers are categorically against fixed matches, since they are the ones who suffer the most from them. Therefore, 1XBet Sportsbook does not need to organize matches of a contractual nature, since their profit depends on completely different factors!

Bookmakers are Better at Predicting Outcomes

This is probably a common misconception created by the bookmakers themselves. Many players have become 100% confident in it. Indeed, it happens when a gambler for some reason walks with a high coefficient before the match and doesn't make it till the end. Such players are sure that bookmakers have access to information that is not available to a wide range of people. Or even better - they have some kind of advanced software that constantly analyzes statistics and gives the most accurate predictions for any sporting event. The fact is that the experts working in the analytics department are people just like the rest of us. In reality, they use the same probability system that we use. When it comes to forecasting, they make the same mistakes, overlook the same details, and just as often rely on their false beliefs. Yes, in most cases bookmakers have advantages in experience, knowledge, and understanding of the markets. However, this does not mean at all that a smart and dedicated player cannot outplay them at a distance. Therefore, let’s break one of the latest online betting myths: bookmaker analysts are people just like you and me!

Latest Online Betting Myths: It is Impossible to Win at High Odds

Beginners often find that betting on the underdog or newcomer to a league is more fun than an opportunity to win. So, for example, they evaluate outcomes with odds higher than 3.00 or 5.00 as doomed to lose. However, this is as common a myth as all of the above. High odds betting is just as risky as low odds betting. Indeed, it all comes down to a correct assessment of the probabilities of certain outcomes. For example, if you place a bet with odds of about 4.00 and estimate the probability of such an outcome occurring at 30%, you have a great chance of hitting the line over a long distance.

That being said, if you only guess 50% of the matches with odds of 1.80, then in the long run you are destined to merge. Therefore, the player's success is determined not by the value of the coefficient, but by the correctness of the assessment of the probabilities. Online sportsbooks in the USA have plenty of bets on underdogs for you to get started.

Bookmakers Can Ban Your Account if You are Successful

Bookmakers are much more fond of players who play with a minus rather than a plus. However, this does not mean at all that all bookmakers will block your account every time a winning strike occurs. Bookmakers that freeze the accounts of successful players do exist. Nevertheless, not all market participants do this. You can always find out about such bookmakers from bad reviews. We recommend you to gamble on trustworthy sites like 1XBet Sportsbook. In the same way, you can define reliable bookmakers that value their reputation and conduct a loyal policy towards their clients, including successful ones. Thus, bypass the blacklisted bookmakers and play on reputable sites. Indeed, this is our advice to debunk this popular myth.

Latest Online Betting Myths: It is Better to Play in the Market of Totals, not Wins

This false belief is based solely on mathematics. There are only two outcomes in the total market, and in the 1X2 market (Win 1 - Draw - Win 2), as we understand it, there are three of them. If in the first case the probability of winning is about 50%. Meanwhile, in the second case, this probability is about 33%. Such a difference in values often leads to the fact that players are more inclined to bet on the number of goals in a match, rather than on the outcome of the meeting.

It doesn't matter how many possible options you choose for a position for a bet. Indeed, the bookmaker always distributes the probabilities based on the number of possible outcomes. All in all, the main trick is to predict the probabilities of the occurrence of outcomes better than the bookmaker does.

You Don't Need to Use Other Players' Predictions

This is one more of the latest online betting myths. It's always a good idea to read the predictions of commentators, former coaches, footballers, and other analysts. In these forecasts, you can always find important facts and details that you might not know about. For example, you may accidentally read that a particular match will take place in front of empty stands or that a coach has changed in some team. Indeed, most sports experts have negative ROI. However, it is also important to understand that they are professionals in the field of sports. If you want to beat the bookmaker at a distance, you need to become the same professional in the field of betting. And then you will use your opinion and the opinion of experts more effectively. Thus, it will bring you profit at a distance.

Conclusion: Latest Online Betting Myths

Indeed, it is possible to make a permanent profit on bets, but it is very difficult. Bonuses and promotions are not cheating, but a marketing tool, since players, more often than not, receive real benefits. Therefore, never consider online betting as your only source of income. It should become your fun and exciting hobby. According to professional gamblers, using expert forecasts is a thoughtful activity. From them, you can learn about the facts about which you have not heard before. Therefore, read our article How to Find the Best Online Betting Odds before visiting the 1XBet Sportsbook. Good luck!