We suggest that you avoid important events such as Derby games because there's more at stake here and players might find themselves vying for the extra degree of pride and honour.

And some people want it so badly that they convince themselves their favourite team is going to win, and therefore part with their hard-earned cash sooner rather than later. Take your heart out of itĮverybody wants their favourite team to win. However, while this can be enticing, you should never feel pressured into placing a bet, unless you know it's a calculated risk and you've done your due diligence. Particularly if it's a really popular event, then you'll notice a series of special offers and promotions, trying to get you to place your bets. Some run these specials for the full day of the event, while others keep the price for a certain period of time. However, something else that you will notice is that lots of bookies will enhance prices or offer specials ahead of a popular event.

There are no guarantees on sports bets and you basically need to do it on the same day, unlike horse racing. Picking the right moment to place your bet is often easier said than done.

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