I'd like to share with you something that I read on a forum this week which turned out to be a fake story but which you can learn an awful lot from.
It all started shortly after the African Cup of Nations match between Angola and Mali which ended up 4-4 after Angola were leading 4-0 with only 12 minutes left to play.
Someone posted on this particular forum that they had backed Angola to win when they were 4-0 up at odds of 1.01. What's more, the amount they had backed was over £4k and it was their student grant!
This news spread around the net like wildfire and the amount of traffic crashed the forums server and brought requests from all around the world for more information about the unlucky guy.
Now, as it happens, the story turned out to be a prank and the Betfair screen shot showing a £4k loss was a fake (something you should look out for from the less desirable betting systems that are on the market!) but believe it or not, I have known people make bets like that on what seemed to be a sure thing on many, many occasions. It all seems so easy when there are only a few minutes left in a match and it really does look like there is free money to be had but I would advise extreme caution.
This is why I am always preaching about having a betting bank for your soccer betting and use that betting bank for a particular system or selections. Don't dip into it for other things and definitely don't use it to bet in the manner described in the Angola match. Even though this particular story was made up I would confidently say that there were many people who also made similar bets thinking that they had made a few quid without any risk, perhaps not betting £4k but still money that they did not think they would lose.
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