Sports betting can be a fun and exciting way to add an extra level of excitement to your favorite games and events. However, it can also be a challenging and complex activity that requires discipline, research, and a long-term perspective to be successful. To help you avoid common pitfalls, here is a list of the top 10 biggest mistakes that sports bettors can make.

1. Chasing losses: One of the biggest mistakes that sports bettors make is chasing losses by betting more and more money in an attempt to recoup their losses. This can result in even greater losses and can be financially devastating.
2. Lack of discipline: Another common mistake is failing to stick to a betting strategy and making impulsive bets based on emotions. This can lead to poor decision making and long-term losses.
3. Not managing bankroll effectively: A key component of sports betting success is effectively managing your betting bankroll. This includes setting limits, avoiding overspending, and keeping your betting budget separate from your other financial obligations.
4. Not researching teams, players, and conditions: Before placing a bet, it's important to do your research on the teams, players, and conditions that may affect the outcome of the event. Ignoring this step can result in poor decision making and an increased risk of losing.
5. Ignoring value and betting only on favorites: Focusing only on favorites and not seeking out value in underdogs can limit potential winnings and increase the risk of losing.
6. Not accounting for variance and luck: Sports betting inherently involves a degree of luck, and losing streaks are a normal part of the process. Not realizing this can result in frustration and poor decision making.
7. Overvaluing short-term results and ignoring long-term trends: Putting too much weight on recent results and not considering long-term trends and patterns can lead to poor decision making.
8. Failing to shop for the best odds and lines: Taking the time to shop for the best odds and lines across different sportsbooks can result in paying more for bets and reduced potential winnings.
9. Not diversifying bets and having a balanced portfolio: Failing to diversify bets and have a balanced portfolio of wagers can result in increased risk and reduced potential winnings.
10. Not keeping accurate records and tracking performance: Keeping accurate records and tracking performance can make it easier to assess your performance, identify trends, and make informed decisions about future bets.

By avoiding these common mistakes and approaching sports betting with discipline, research, and a long-term perspective, you can increase your chances of success and have more fun while doing it.

Let me introduce you to Sportbet.one a real hybrid gambling dapp. With hybrid I do mean that you can choose for the regular centralized way of betting (traditional betting) or experience the decentralized way of betting . It does run on the EOS blockchain, which is fast and cheap to use. Regardless of which option you take, there is NO KYC requirement! So, you can gamble anonymously. It does operate within the complete world, so no VPN is needed. Even not in the United States. Besides this, of course, blockchain gambling is their main selling point and their biggest pro!

While their main focus is on sports betting, they also do have a casino part on their site. No own developed games but games from well-known and trusted providers like: BGaming, Evolution, Ezugi, Mascot Gaming, OneTouch, Platipus, SmartSoft, Tomhorn, and Triple Cherry.

Signing Up

Creating an account is pretty simple. But the first thing you need to decide is what road you will take. Do want the regular centralized version, where you do deposit funds in your account and play from there, or do you take the decentralized road, where no deposit is needed and you just can place your bets via a EOS wallet. Regardless of the road you take, no KYC is needed. No hassle with document, copies of passports or whatever.

When you take the decentralized option, you will miss out on a deposit bonus, but there is no need to deposit any funds. Which is of course a much safer way.
When you take the centralized option, they do offer a 125% deposit bonus up to $1000!!!! They will create an EOS account for you, but of course you don’t have the keys to this.

So regardless of the option you do choose, you can bet with EOS, mBTC, ETH, USDT, Litecoin or Sbet.

You can just link your facebook, google or twitter account and off you go. Or you can create an account with the combination of email address and password. This is of course much more anonymous than via a social media account.

Sports and markets!

Like I wrote above their main focus is sports betting. And in this case, it is important to see which sports and betting markets they do offer!

Compared to most online bookmakers, sportbet.one has less betting markets and sports available, but this isn't a bad case. On the other hand they do have the ever lasting growing e-sports markets.

The following sports are available to bet on at the moment:

• Football (Soccer)
• Basketball
• Tennis
• Baseball
• American Football
• Hockey
• E-sports
• Boxing
• Volleyball
• Ping Pong
• Rugby
• Cricket
• Australian Football

Lesser sports, but also lesser markets per sport. Enough to satisfy 95% of the punters out there.
There are bookmakers, where I can't even find the market I am willing to bet on due to the immense offering of markets. That's no problem here. This is a great example how a disadvantage could be a huge advantage for most interest punters.

For me personal, Golf is maybe the only sport I am missing on the list but the most important thing is that a player can play every day of the year.
What I also like, is that they don’t offer to many betting types for the sports. But the betting types most players do use. They do have a lot of adjustable Asian handicap options.

The betting limits will be high enough for 95% of all betters. I don’t know a lot of people who would risk $2500 one a game or 0,099074 BTC on one bet!

The website is very simplistic and slick, which is not necessarily bad. It is well organized and easy to find your way around. Within a few clicks, you will probably have the game you do want to bet on. I do prefer this above a fancy website where it is hard to find your way around, takes a dozen of click before you do find the game your are interested in and takes ages to load, due to the big amount of bets. No, here it is simple, straightforward as fast as lighting.

Leaderboard

We all like competition and for sure sports bettors do. So they listened to the community and do have a weekly leaderboard involving, of course and what else, sports betting.

Top 10 of the leaderboard are paid. Don't get your hopes up, because it will be only for the few of us. And for sure not for me.
Last week number 10 did wager around $8K.

The leaderboard is one of the more permanent bonuses, acting as a loyalty program for dedicated punters. Essentially, every bet placed on the platform will contribute 0.5% to the leaderboard, which has a guaranteed prize pool. At the end of each week, the most successful players will be rewarded with a special prize. The position of individual punters is updated in real-time, with the volume of the leaderboard displayed in EOS.

Dividends!!!!

Yes the big word is out. Sportbet.one does offer dividends to their shareholders. Paid out once a week. Each Monday before 10 am UTC.
The platform’s token is SBET. 3% of every settled bet goes to the dividend pool, and staked SBET tokens take part in the dividend distribution. To get dividends, you need to buy and stake SBET tokens. You don’t need to bet or gamble.

SBET is tradable on Coinstore.com There is a hug liquidity, so buying or selling a lot, could have a huge impact on the value. The development team recently released 100M SBET, which is used as liquidity on their exchange.

Currently there aren't a lot of punter using Sportbet.one. But it looks like their user base is growing, which is good for the dividends of course. The more users, the higher the divs will be. There are now in operation for over 4 years and there is still a lot of potential. Their real anonymous and transparent betting is a real winner and more punter should and will find their way to sportbet.one. No doubt about it.

But investing is always a risk. Regardless how big or small a gambling dapp is. On the positive side, the value SBET did really well during the bear market, but will also not raise to the sky during a next bull market. The only way the value can increase by having more customers.

You can find the top 500 SBET holder here: https://www.bloks.io/tokens/SBET-eos-sportbetsbet
As you can see the majority of the share are still in hands of the development team. So if they are willing they can cash some out and put this into development.

I am trying out their dividends and did purchase a little bit more than 200K sbet. Will let you know how this evolves! The plan is in first instance to keep on buying up to 500K and see from there.

Aren't there any cons?

Of course there are.
The biggest one probably is that they don't own a gambling license. But the transparency via the EOS blockchain does cover this for a little bit. Also the fact that they are worldwide available. You could even see it a little bit as sports betting via the dark web :).

Secondly the user base could be considered way to small. This is always the lifeline of a sportbook. Since recently they are trying to promote it and had a no deposit bonus just before Christmas. I do expect more of these promotions in the near future.

Conclusion

With the max bets, their simple layout, decentralized solution and their NO KYC policy they could have a bright future! For amateur punter to average in stakes, this could be a great addition to the sportsbooks a punter does use!
Also for beginning punters their website design and limited betting types could be a gift. They won't drown into unwanted and difficult to understand bets!
But like always do you own research before joining and gamble responsible!

When joining feel free to use my referral link:
https://sbetp.com/d64bae6d9

Cheers,
Peter

Regardless of you are a pro sports bettor or an amateur. Regardless if you do want to make a profit or just spice up some sports. The golden rules are applicable for all. Read them, memorize them and most important stick to them! 

1. Set a budget: It is important to set a budget for your betting activities and to stick to it. Determine how much money you are willing to lose and do not exceed this amount.

2. Do your research: Take the time to research the teams and players you are betting on. Look at statistics and consider factors such as injuries and weather conditions that may affect the outcome of the game.

3. Shop around: There are many different sportsbooks and online betting platforms to choose from. Shop around to find the best odds and the most favorable terms and conditions.

4. Use multiple betting platforms: Consider using multiple betting platforms to take advantage of different odds and promotions.

5. Take advantage of promotions and bonuses: Many sportsbooks and online betting platforms offer promotions and bonuses to attract new customers. Take advantage of these offers, but be sure to read the terms and conditions carefully.

6. Don't chase losses: If you are having a losing streak, it can be tempting to try to chase your losses by betting more money. However, this is usually a mistake. Instead, take a break and come back to betting when you are feeling more level-headed.

7. Don't bet on every game: It can be tempting to want to bet on every game or event, but this is not a good strategy. Focus on the games or events that you know the most about and where you have the best chance of success.

8. Don't bet on your favorite team: It can be difficult to be objective when betting on your favorite team, so it is generally best to avoid betting on them.

9. Manage your money: Make sure to manage your betting bankroll wisely. Don't bet too much on any single event and always keep some money in reserve for future bets.

10. Take breaks: It is important to take breaks from betting from time to time to avoid becoming overly focused on it. It is also a good idea to step back and reassess your betting strategy if you are experiencing a prolonged losing streak.

 Another profitable week, but a bloody red Sunday. So it could have been much better. Second week in a row that I am facing on horrible day. Most of the bets I did place on Sunday I would place again, which is a good thing. I did think that I did see some value but the betting gods decided otherwise.

In the past week I was again pointed out that one should give the Asian market movements some more respect. Again in one game they did seen illogical, but they were spot on again!

Not a lot of bets placed. In week 4 I played 32 bets, maybe just a little bit too much. But during week 5 there wasn't a midweek match day in the Jupiler Pro League. My biggest bet was a corner bet of more than 5 units. But I did have faith in it and it didn't disappoint me. Also the odds of 1.63 were pretty decent. Due to this big bet, the average bet of week 5 was the highest for the year so far.

The average odds of 1.91 per bet were also good enough. So overall a decent week.

What is more important for me is that I did turn green for 2021.

Odds Ranges

But not everything is good. There is still a lot of work at the odds range between 1.5 and 1.75.

As you can see all other odd ranges are in the green. During week 5, the losses in this range did decrease a little bit. But on the other hand week 5 was brutal for probably most important range (1.75 - 2.25). Here a loss was registered of 1.2 units. 10 bets were played in this range and I did record a hit rate if 50%.

Leagues

Another loss for the Jupiler Pro League, what I do consider a personal disappointment. I do know that it doesn't care where you do make your profit, but this is a league in which I should use my in depth knowledge more. I did find a leak which is good. I did place a bet twice. Intentional. This was not a smart move. Just stick with your bet, live or not and wait on it's outcome. Don't increase the bet. This could be a road to nightmare alley!

So overall: a profit was made. YES! 2021 is overall in the green! YES!

Not let's continue on this road. A ROI of 10% is something where I would sign for, week after week!

Cheers,
[The 80th Minute](The 80th Minute!)

I have been using copytip as one of my bookmakers for a little less then a month. So it is time for a review and to verify if I will keep on using their service!

First let me write that I do also use regular bookies (like Unibet for instance) and crypto related bookies (like nitrogensports or 888starz).

What is CopyTip?

Well Copytip is more then a regular bookmaker. They do offer a copytip service, for on one side the tippers and on the other side the copiers.

Copiers

Copiers can see all available strategies with all related stats and decide to follow a certain strategy. You do follow all bets from the strategy, without knowing the bets in advance. It is more like giving someone the power to bet with your money. If you are not so good in sports betting but do want the thrill and a chance on making a decent profit, this is the way to go.

You do need to understand that this service is not for free. Each strategy has a predefined profit share. Let's say that this is 10%. This would mean that if the bet was a winner, 10% of the profit with your stake will be given to the tipper!

Tipper

Yeah I know you are one of the happy few punters who do make long term profits. So what is in it for you. Well it is simple from the moment you do have people copying on of your strategies, you could win some extra money. How much depends a different variables, like the number of copiers, how much money is following your strategy, your profit share and of course if you do keep on crating winners.
I do see often strategies who do sky rocket due to a hot streak, but suddenly the streak gets cold!

The big advantage for a tipper is that they don't have to make their bets publicly available and the copiers do get the same odds. So you aren't giving information away for free.
But you also need to be honest in the description of your strategy. Indicate how many bets per day/week on average and what your staking plan is (for instance flat staking).

Bookmaker

While for sure the tipper functionality did make me pull the trigger about trying out Copytip, there bookmaker service is just great and will probably keep me on board. There is no reason in fooling myself into believing that I will get lots of copiers. I just need to focus on my own bets and if the yield is good enough, you never know!

But back to the bookmaking part. The biggest plus for me is that by using Copytip I do get the odds from lots of bookmakers at the same time. This rules out having a lot of browsers open and checking all the odds from the different bookies one by one before deciding which one I will use. They are some bookies which do charge a fee, but this is clearly indicated, so not problems with that.

But it also had a learning curve. In the beginning when I did want to place a bet, I just clicked the highest odds, resulting often in an unplaced bet because those odds just did drop. It is better to enter the minimum odds you do want to get and place the bet. The software will always place the bet at the highest offered odds. This is a big plus for me. I do know that also other websites are offering this service, but most of the time the minimum ante at those is way above my limit. So they are not an option.

The downside for me is that the minimum wager (around 6 EURO) is around my max. But in return I do get better odds, and in some cases markets which aren't offered by the other bookies I am using.

Deposits!

Searching for a strategy to copy!

Conclusion!