The world of sports betting is wide open and it is very easy to get lost in the large sea of betting. Whether you are betting on football, basketball, baseball or any other sport the same rule applies. Below I have discussed 4 important rules to follow when placing bets on your favorite sport.
Rule 1: Set a limit on your bets and stick to it! Whilst you can and should have a £50 bankroll to bet with you need to have a strict limit on your stake money. Only bet with an amount you can afford to lose without it affecting your living style.
Example: Suppose you have £50 to bet with you decide to bet £10 on the next football match and you put a bet on a £10 bet. If your result is that your team loses the game, you lose your £10 and so the money you had in your pool, is now £30. This is what happened to one customer who thought he’d have quite a lot of money in his betting bank. When his bet was called he bunkered up and went to put £30 on a match with his friend for his birthday. He did this quite quickly and he realised he was going to lose £30, Within the first few minutes he lost every penny of his £30 bank and he had no idea how he made any money.
He actually thought that his birthday was coming up and he didn’t have the nerve to bet on it. This is the danger of betting. You don’t know when you have to stop.
Rule 2: Don’t bet for the sake of betting. When you win it is fantastic and when you lose its crucial to have a word with yourself as to why you lost that bet. Never bet for the sake of it.
In football betting many times the reason for losing a bet is because of a rant by a complaining member of the betting forum. They have lost a good amount of money and so keep reliving the moment they first won, days or weeks before the actual event.
One rule circumventing this is to bet on someich markets with minimal stake in the bet. Lets say you bet £10 on a match for £10. If you win than you might have a few of your bets for free and a few that aren’t quite so profitable. This doesn’t always work but you never know.
One other rule for bettors is to keep records of the bets you place, this keeps you honest as you aren’t running a betting business and you therefore can’t make the mistakes that other gamblers make which are the same mistakes as depo 20 bonus 30 to 5x.
What I’ll be covering in the following is a few bit of advice I have used for years which I feel is a crucial part of anyone’s betting success. Keep these tips in mind and you will soon be on your way to doing very well on any betting forum.