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Busting Common Betting Myths

Most people bear grudge with gamblers, treating them like outcast, bad people. Such an attitude comes from their false beliefs that gambling always harms people. And then there are people who gamble or want to gamble but nourish some common myths about it. 

Whether it is their belief that certain rituals or lucky numbers can favor the outcome of an event, this can lead to dangerous situations. In this blog post, we will bust these common myths.

Here are some common betting MYTHS and why they are not TRUE. 

“I should keep on betting because that’s the only way to recoup the money I’ve lost.”

The outcome of the past event does not influence that of the next event. It means, each time you bet following your 96in com app login, the outcome of the event has nothing to do with the last one. Your odds in the tenth bet are no more in your favor than they were on your first bet. In the long run, the more you bet, the more you risk your money and the higher the chance of loss. 

“I was almost on the verge of winning my bet.”

This ‘Almost’ word is useless when it comes to declaring a win or a loss. Either you win or you lose; there is nothing between these two extremes. Just because you were almost winning the last bet never means a real win is going to happen in the next bet. Your previous experience will, in now way, influence the next outcomes. 

“If I place bets on more than one marketplace at a time, it will improve my chance of winning.”

It is possible that you may secure two wins by placing bets on two different events simultaneously. However, there is also a chance of losing both bets and in that case, you will spend more without any return. Always remember the rule of the thumb: The more you bet, the more you lose. This is particularly true in the long run. 

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“I have a unique betting strategy. I always bet on the same players because they have my lucky number on their jerseys.”

The outcome of many events in a match or a tournament is completely random. After you perform 96 login, there is no way to influence these outcomes, no matter how much you research on different factors or how smart you are as a bettor. 

If you bet on the same players just because they have your lucky numbers on their jerseys, you cannot expect to win every time you bet. The players with your favorite jersey numbers cannot win every match. They have ups and downs in their career. Injuries heavily influence a player’s performance. Without taking these factors into consideration, if you rely on just your lucky numbers, it will not favor you luck every time. 

“I have a gut feeling that today is my lucky day. I’m sure I will win today.”

You may hope or wish to win and sometimes, need a few wins to improve your financial condition. However, it has zero influence on the outcome of a cricket match or any event you place your bet on. 

“All Sports betting sites and online betting apps are the same.”

Not all betting apps and sites are licensed. Betting on these platforms is not a safe choice. In fact, the chance of losing your money is pretty high on these platforms. On the other hand, some gambling apps and sites are registered. These sites have a user-friendly interface and exciting features that are a big draw for bettors. They also safeguard users’ personal information and promote safe gambling. If you need, you can seek their help for gambling. 

“The only way to make a fortune on the big game is to place bets on every outcome.”

Betting is intimately intertwined with risk. As the outcomes are always uncertain, you put your money at risk, every time you bet. A ‘Sure Bet’ is a utopian thing. You should consider gambling as fun; getting rewards should feel like having a cherry on the cake. 

“As long as I stay within my budget limit, I’m safe.”

One of the basic conditions of responsible gambling is to set a budget limit and stick to it. Most bettors strongly believe that if they don’t cross the threshold, they are safe from financial harm. This is true but only to some extent.

Staying safe financially is not the only aspiration in people’s lives. We all have a family and social life. If you are not a full-time gambler, you have to balance your professional life too. If betting negatively affects other important aspects of your life such as the time you spend with your family, you need some betting guidance. 

Wrapping Up

Thanks to T20 betting apps and other platforms, more people are now showing their interest in cricket gambling. Apart from DOs and Don’ts, these potential bettors should also know some common betting MYTHS and why they are far from the TRUTH.