Over confidence, laziness and indiscipline. As a long term successful punter is like swimming through the tide. It requires an effort to stay still, greater effort to go ahead which as soon because relax or slack from you start to take backwards.
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For instance, one mistake that bettors must avoid is to position their bets too often that it leads the actual greater chance of losing funds. Because there are so many events that punters can come up from, punters are often carried away and get their bets thoughtlessly. Remember that betting is not pure lady luck. You need to be knowledgeable about the celebration that tend to be placing your bets into to build chances of winning. You need to disciplined in placing your bets. Wait for right timing and avoid placing bets carelessly.