Betting on sports requires dedication and strategy, yet many bettors may not be fully prepared for success. A survey conducted by Sports Betting Dime in fall 2019 shed light on American sports bettors’ behaviors and motivations in the realm of sports betting.
The survey revealed that a significant portion of bettors spend less than 30 minutes researching their wagers, indicating a potential area for improvement in their handicapping efforts. Those who wager higher amounts tend to devote more time to research, suggesting a correlation between research time and betting outcomes.
While most bettors track their wagers, many focus on win-loss records rather than more meaningful metrics like return on investment. This highlights a need for bettors to reassess the way they measure their betting success.
Interestingly, the survey found that bettors are keen on practicing their skills without risking real money, utilizing free play betting sites to refine their strategies and techniques. This hands-on approach to learning the ropes of sports betting can be beneficial in honing one’s abilities.
When it comes to strategies, approximately half of sports bettors rely on betting systems and strategies to inform their wagers. Bankroll management systems and staking plans play a crucial role in guiding bettors on how much to wager in different scenarios.
Moreover, the survey highlighted that the majority of bettors leverage data and statistics to inform their betting decisions. Resources like team trends, player stats, line movement, and public betting trends are popular among bettors, indicating a strong reliance on data-driven insights.
While some bettors turn to paid services for picks and strategies, others prefer to trust their friends, family, or their own analysis. This underscores the value placed on personal connections and individual judgment in the realm of sports betting.
Overall, the survey provided valuable insights into the behaviors and preferences of American sports bettors, shedding light on areas where bettors can enhance their strategies and decision-making processes to boost their chances of success in the world of sports betting.
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