The world of sports betting is big. There are a number of popular sports to bet on and millions of fans place their bets with their favorite sportsbook every day. The sports betting world offers a mixture of belief and culture. This is exactly why there are myths that are passed on from one person to the other and surround the betting community.
Myths in sports betting and online casino like https://lbpa-france.com can even contribute to ruining your experience if you believe the myth.
The top sports betting myths
Bookmakers keep secrets from players
This is probably one of the oldest sports betting myths that ever existed. This particular myth holds that sports betting providers have access to certain “inside” information or a secret source that they can use to turn the odds in their favor. This gives you the opportunity to better control the entire betting system and to earn money yourself.
Nonetheless, this is not the case and has long been proven. Bookmakers, like sports betting fans, are only spectators of the sports that are played daily around the world and that can be bet online. The only thing that makes them different is that they make betting easier for people. They set odds and make sure that the winnings that were made with sports betting are then paid out.
The favorites always win
Another myth of the oldest sports betting is that you should bet on favorites. That’s because, according to this myth, the favorites are more than certain to win the game. That belief could likely come from the fact that many favorites eventually win the games. However, there is no hard evidence to support this belief.
What is true, however, is that while the odds of winning reflect the probabilities and predictions of a game, they are in no way a reliable indicator of how the game will end.
All games are betting fraud
This myth is primarily shared by those who lose bets. Sometimes when someone has had a long streak of bad luck in betting, they accuse the system of manipulation. It is then also claimed that all games are rigged and that every effort has been made to ensure that the player loses every game.
As with all other sports betting myths, this is not true either. While there have been multiple manipulations in some sports throughout history, the assumption remains that the sports are generally played fairly and the outcome is not affected.