Five biggest CBB betting mistakes

Analyzing the common errors made by most bettors and how to avoid them

Updated: February 19, 2014, 11:52 AM ET
By PJ Walsh | Sports Insights

Las VegasSaul Loeb/AFP/Getty ImagesAs the gambling masses turn their attention to college hoops, there are common mistakes made.

With the 2013 NFL season now in the rearview mirror, the majority of sports bettors have turned their attention to college basketball. As a result, more money (especially public) is hitting the college basketball betting market, a trend that will continue through the NCAA tournament as Bracketology begins to dominate the national sports media.

With this in mind, I compiled a list of the five most common mistakes made by bettors. I found a system with a 56.4 percent against-the-spread (ATS) win rate to help bettors successfully navigate the college basketball season.

Mistake No. 1: Flawed money management

Arguably the most common mistake made by recreational bettors is failing to follow solid money management principles. At, we recommend that inexperienced bettors employ a flat-betting system, with each wager representing 2 to 3 percent of the total bankroll. While these wagers may seem small, they help protect against the inevitable ups and downs bettors experience over the course of an entire season.

PJ Walsh

Sports Insights
PJ Walsh is the Director of Sports Information at, a company that monitors the live sports betting market.