When it comes to gambling, set yourself rules and stick to them

2 min

WITH online gambling in many states of the US now legalized, the opportunities to bet on sporting events without the need to leave your house grow month by month, also a profit is the ability to get a bonus using for example or other existing offers from US online bookies.

Your phone or laptop can quickly open up a world of opportunities for betting, but there are a number of factors to take into account before taking the plunge.

Gambling can be enjoyable and fun when you are in control but it doesn’t take much to start chasing losses, and it can soon become a problem when you’re not in control of when you bet, or how much you bet.

It’s a good idea to set yourself some rules for gambling, and if you stick to them, it can be both enjoyable and profitable.

Stick to what you know

If you’re a regular at the baseball and have never seen a basketball in your life either live or on TV, then don’t start your online gambling career by making big bets on NBA games. Knowledge is king in the gambling world, with the first port of call your own grey matter. If you’ve been watching baseball for 20 years and know the pitchers who are in form and the batters who haven’t hit a home run in months, then maybe kick off with a few small wagers on the baseball. If you really want to branch out into sports you know little about then read up on them, and start watching them to pick up a few tips.

Trust the experts

Even if you’ve been following a sport for 20 years, there’s always someone who knows a lot more than you do. Many gambling sites have tipsters who’ll point you in the right direction for particular games or tournaments, and can spot a trend over recent games, or particular weaknesses that particular teams or players can exploit. If you follow the experts it doesn’t mean you have to follow their advice, but the more you know, the better your chances of winning. If you’re picking a team to win a game and 10 tipsters are picking their opponents, either you’re a genius or a fool. 

Set your limits

If you can afford to lose $20 on a weekend, and you fancy your chances of turning that $20 into $40 by betting on a game you like the look of, then by all means go for it. But if you’re online and that $20 you’ve got to bet with is lost in five minutes, then don’t start chasing it; before long you could be $100 down, and the enjoyment factor has long gone. Set an amount you want to bet with and stick to it; if you lose then so be it, there’s always next weekend.

If you don’t enjoy it then don’t do it. 

It’s important to consider the negatives of gambling but also worth remembering that it’s something than you’re supposed to enjoy. If you’re spending $20 every weekend and losing $20 every weekend, then maybe gambling just isn’t for you. Clearly, if you’re turning $20 every weekend into $60 then there’s no problem, and as Charles Dickens wrote in David Copperfield: ‘Annual income 20 pounds, annual expenditure 19 pounds 19 shillings and six pence, result happiness. Annual income 20 pounds, annual expenditure 20 pounds ought and six, result misery’. 

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