7 Common Fantasy Sports Betting Mistakes to Avoid
1. Chasing Losses: Never increase your bet size to recover previous losses. This emotional betting leads to bigger losses and depleted bankrolls.
2. Ignoring Salary Cap Strategy: Don't spend your entire budget on star players. Balance high-priced superstars with value picks to maximize your lineup's potential.
3. Following Popular Picks: Avoid players with high ownership percentages in tournaments. Contrarian picks often provide better value and differentiation.
4. Neglecting Weather Reports: Weather conditions significantly impact outdoor sports. Wind, rain, and temperature affect player performance and game totals.
5. Betting Without Research: Never place bets based on team loyalty or personal preferences. Always analyze matchups, trends, and statistical data.
6. Poor Bankroll Management: Set aside a dedicated fantasy sports budget and never bet money you can't afford to lose.
7. Ignoring Late Swap Opportunities: Take advantage of late lineup changes and injury news to optimize your roster before games begin.