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Buying Sports Picks: Can Professional Handicapping Services Beat the Books for You? DraftKings Bankroll management: Psychological factors can also influence bankroll management. Avoid chasing losses by increasing your bet size after a losing streak. Stick to your predetermined bankroll management plan to ensure long-term success. Even experienced bettors can make mistakes, so it's crucial to be aware of common pitfalls. One mistake is betting with emotions rather than logic, such as favoring your favorite team regardless of the odds. Another mistake is chasing losses by increasing your bets after a losing streak. It's important to stay disciplined and stick to your betting strategy, even during losing periods. Avoiding these common mistakes can significantly improve your chances of long-term success..
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