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.