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A popular strategy in sports betting is handicap betting, where you bet on a team with a handicap to even the playing field between the two teams. You should also use value betting, which is betting on teams with high odds but with a good chance of winning based on careful analysis.

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In contrast to overconfidence, some players fall into a state of "fear of losing", especially when they have experienced a long losing streak. At this point, they start to tend to be overly cautious, placing smaller bets to minimize losses. However, this fear can cause them to lose the chance of winning because they do not dare to bet on opportunities with high winning rates.

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Choosing your betting events wisely will help you minimize your risk and increase your chances of winning. You don’t have to participate in every event just because it is available in the market. Choose the events that you understand best and feel confident in analyzing. Only participate in events that you can evaluate well and have the ability to make accurate predictions.