What are the common mistakes that I should avoid while betting on cricket matches?

I am new to betting and planning to bet on cricket matches. I don't want to end up losing all my money due to common mistakes that many beginners make. What are the things that I should keep in mind to avoid unnecessary losses?

One common mistake that beginners make is betting on their favorite team without conducting any research.

It's important to set a budget and stick to it. Don't get carried away and bet more than you can afford to lose.