Five biggest CBB betting mistakes
Analyzing the common errors made by most bettors and how to avoid them
- Saul 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
Joe Lunardi's 2014 Bracket Odds
If the NCAA tournament began today, which teams have the best chance at a national title run?
Arguably the most common mistake made by recreational bettors is failing to follow solid money management principles. At SportsInsights.com, 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.
To read the full list of the 5 most common CBB betting mistakes, and how to avoid them, you must be an Insider.
We see that you are not an ESPN Insider. Upgrade today and gain access to our exclusive coverage.
MORE MEN'S COLLEGE BASKETBALL HEADLINES
- Embiid (back) could be out until mid-NCAAs
- Florida, Wichita St. remain 1-2; UK falls out
- Delaware clinches 1st NCAA bid since 1999
- Manhattan wins MAAC, punches NCAA ticket
MOST SENT STORIES ON ESPN.COM
College Basketball on Insider
Peter Keating breaks down the top conference tournaments for Giant Killers.