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Author Topic: What is the #1 rule you live by in sports betting?  (Read 461 times)
alani123
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March 29, 2024, 11:47:49 PM
 #61

I will never put serious amounts of money in a bookie that doesn't have clear cut rules that are simple to understand. A bookie should use simple language and internationally standard terminology to explain how they will handle things when unpredictable events happen. The trick for me on this is to see when a bookie will void a match. If their policies are extremely easy to understand, then in my eyes their service seems honest.

However if the terms seem complex, if there are too many different links leading to different terms etc. Then I will never want to play with big amounts there. If I can't understand your terms, then why would you expect my money? At least the language in the terms should be simple to understand and not mambo jumbo legalese. We're here to play and understand what we're doing easily, not play pretend lawyer just to understand the terms.

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March 29, 2024, 11:59:24 PM
 #62

I stick with the basic rule in gambling, which is never gamble with the amount of money that you cannot afford to lose. If it is either a game that I have the knowledge of the two clubs or not. It would not change anything, because sometimes I live betting on underdogs when I know that the chance of them winning the game is very slim. This makes me relax and just try my luck to see if I will be lucky. Lastly, I don't bet all in one, because the chance of winning will be only on that game which is very small.
Exactly, betting with quite a lot of money does not provide a guarantee of getting a big profit. We don't know the condition of the players on the field. I have several times observed gambling on club football which should be easy to win against a weak team, but in the end the team the weak are the ones who win. This shows that there are irregularities so you must remain alert when placing bets.

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March 30, 2024, 12:29:07 AM
 #63

For me the number one rule I live by is to never make a bet just to make a bet, unless it's only a couple bucks.  The worst bets I've ever made when it comes to gambling is those that I just wanted some action on the game and put money down, not really having any knowledge of the teams or players, if anyone was hurt or not etc.  Thats a foolish way to bet no question.

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March 30, 2024, 08:47:07 AM
 #64

Enjoy the game regardless of the outcome
Gamble with what I can afford to lose
Learn when to walk away whether it's a win or lose
Avoid impulsive decisions because of emotions
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March 30, 2024, 09:18:33 AM
 #65

"Don't gamble using savings"

I always remember this rule, because most gamblers gamble using their savings which they shouldn't gamble with. Savings are very important, whether tomorrow I'm sick or because of another emergency, at least I have savings which I can use for this urgent situation and that will certainly help me a lot. So because of this, I always remember this rule.

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March 30, 2024, 09:30:44 AM
 #66

My rule is very simple and that's not staking what I can comfortably afford to loose while staying within my budget. For every time I Wish to gamble I make sure to set out a budget that I will be staying by so I can effectively gamble, I make sure to maintain responsibility I gamble within the budget and not exceed it, I try as much as possible to discipline myself to that standard because in gambling once you begin to loose money, it's the first step to phycological break down which could further lead to irresponsible gambling a d may later grow to be addiction so it's usually very better if you can be able to maintain a certain mind set around your funds while gambling so you don't get to have your psychology messed up and you begin to loose even more.


If you just gamble even if it's for fun and you don't have a budget with which you intend to gamble, you may most likely get to loose more money because you may not know when to stop gambling as you may feel there's always still a chance for you to try again and you can be lucky at the next trial which may not happen.

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March 30, 2024, 03:03:01 PM
 #67

"Don't gamble using savings"

I always remember this rule, because most gamblers gamble using their savings which they shouldn't gamble with. Savings are very important, whether tomorrow I'm sick or because of another emergency, at least I have savings which I can use for this urgent situation and that will certainly help me a lot. So because of this, I always remember this rule.

One of the best of best rule in gambling, even if some people always say this, there's still other gamblers who tends to use their own savings for gambling, especially if the alloted budget for their gambling is already exhausted. One of the things that I can see why they are forced to use their own savings is because of temptations and greediness. Always remember that once we know how to follow our own rule, we will become successful in achieving not to become addicted on it.



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Rainbot
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March 30, 2024, 04:07:59 PM
 #68

"Don't gamble using savings"

I always remember this rule, because most gamblers gamble using their savings which they shouldn't gamble with. Savings are very important, whether tomorrow I'm sick or because of another emergency, at least I have savings which I can use for this urgent situation and that will certainly help me a lot. So because of this, I always remember this rule.

One of the best of best rule in gambling, even if some people always say this, there's still other gamblers who tends to use their own savings for gambling, especially if the alloted budget for their gambling is already exhausted. One of the things that I can see why they are forced to use their own savings is because of temptations and greediness. Always remember that once we know how to follow our own rule, we will become successful in achieving not to become addicted on it.

I think looking for savings only to invest them playing in a casino is one of the worst things you can do, it is one of the decisions that have less value and that a conscious person should not take, no matter how bad he plays, he should not resort to something like that, because saving is something that cost a lot of effort and the game should be seen as a way to entertain himself and earn money sporadically, not as an income, or a job, or something so necessary as to risk savings, in fact if a person If a person is thinking of spending his savings, I would tell him to invest in Bitcoin, because it is the smartest thing to do, but not in a casino, or betting on sports is a very bad decision, things have to be done right when it comes to money.

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March 30, 2024, 04:40:21 PM
 #69

"Don't gamble using savings"

I always remember this rule, because most gamblers gamble using their savings which they shouldn't gamble with. Savings are very important, whether tomorrow I'm sick or because of another emergency, at least I have savings which I can use for this urgent situation and that will certainly help me a lot. So because of this, I always remember this rule.
Actually, this rule does not only apply to gambling, but to all instruments such as trading that are not recommended to use savings money for the same reason.
Money used for trading or gambling is really money allocated only for gambling, will not be used for anything else in the future.

When the money is lost, there is no burden to think about, because it has been allocated specially.
And don't say most gamblers, because many gamblers also just use their special money,
don't use savings and the end goal is just for entertainment or fun.
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March 30, 2024, 08:26:56 PM
 #70

Of course, the most important rule is one of the rules of risk management. Risk management is the most important thing in gambling. We can't manage our winnings, but we can manage our losses. You must determine for yourself the maximum loss limits for each time period - for 1 day, for 1 week, for 1 month. Loss limits are what prevent us from going broke. This may seem trivial to you. Perhaps this is true. But the paradox is that this is something that everyone can know, but nevertheless, it is something that few people often put into practice. But these are rules that, as they say, are written in blood. Or the money of bankrupt players. Under no circumstances should these rules be neglected.
When we say most, it only refers to one only, so don't say one of, but risk management seems a valid answer already and we readers already understood what it means. Not only in gambling but also in doing a business and other things in life, risk management is important because we can't predict things that are still going to happen and it's better to be lowkey and lose only less, just in case the results didn't go well.

People are always greedy. That answers to why many can't seem to put it in practice. We still can be successful even if we will only take things slowly but again it may be hard for some to have a strong kind of patience.

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March 30, 2024, 09:53:54 PM
 #71

"Don't gamble using savings"

I always remember this rule, because most gamblers gamble using their savings which they shouldn't gamble with. Savings are very important, whether tomorrow I'm sick or because of another emergency, at least I have savings which I can use for this urgent situation and that will certainly help me a lot. So because of this, I always remember this rule.
Yes, this can also be a rule that must be applied before gambling, the reason is that one of my close friends used his savings just because he lost at gambling and he tried to catch up on his losses even though I had warned him at that time but he continued to gamble until he ended up losing all his savings. ran out, at that time I had tried to warn him not to chase his losses with his savings, especially since the money he had saved for marrying his girlfriend, he hoped to win big but it turned out to be gone overnight.

Until now my friend regrets having spent his savings and he was abandoned by his girlfriend who was supposed to get married this year but failed because his savings with his girlfriend ran out while gambling at that very moment, clearly that is an important lesson for me and everyone here not to Have you ever used savings, let alone money for life's necessities, to gamble because it will make us miserable and in the end, we won't have any money at all to meet life's needs, let alone using money from debt, that is also highly discouraged, gambling must use money that is ready to be lost.

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March 30, 2024, 11:22:44 PM
 #72

Always wait until an hour or so before the line closes because there may be some news or changes prior to the match. It has happened to me three times that a certain star player isn't going to play in a match I bet with them on, and it has made me lost some money. Since then, I made sure to not lock my bets until the lines are about to close. It saves me money, and makes me choose wisely and rethink of my initial analysis leading to a win most of the time.
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March 30, 2024, 11:28:33 PM
 #73

We read you!
Gambling is only a game that allows two things, victory and defeat, profit and loss, if I can make peace with those two results, then there is really nothing to worry about gambling.

This rule is the current first level in my gambling principles, because this symbolizes what I have experienced about gambling and how I have navigated gambling so far so as to produce some conclusions that can be used as principles or rules in gambling that I do for myself of course.

Back to basics is the key to bad things about any bet, this is also my use in sports betting, and becomes a rule that I always embed in gambling or betting.

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March 30, 2024, 11:44:09 PM
 #74

We read you!
For me personally, here are what the rules.
#1  manage amount that we can afford to loose
This becomes my first rule, because I must understand myself, my ability on how much I can spend for betting this time. This also will limit me to do more betting if I have lost previously. So, only deposit or use the amount that I can really afford to loose. This also can help me to avoid being addiction in gambling or certain betting. Moreover, today's hype is about certain slots that are easily to find and many people lost and frustrated because of the slot loss.

#2   managing emotion
this is also very important to do. For, we may be able to control the money that we can afford to loose at first, when the beginning of betting. But, once we are entering betting spot, even we are winning and then losing, we may be triggered to do more and more deposits. That is why, we really need to have tough and tight emotional management, to be wiser, and also to loose our desire every time willing more to place a bet. this is a must and I must learn more and more about this. Because actually, this is very not easy to control our emotion stably during betting.

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March 31, 2024, 06:50:37 AM
 #75

This is for general gambling answer and not specifically for sports betting because there’s no way to play for a long time on sports betting because each game has waiting time before the bets settled so unless you are just randomly placing bets on any live match available on sportsbook then it’s possible but most of the time no user doesn’t spend match time on placing bets because bettors usually analyze first outside the casino then just place bet once they already have the pick in mind.
However, that is the main guide for people who wants to playing gambling so they don't break their limits. If you can stay within your limits, you will not have a problem and will enjoy the gambling games because you knows how long you can playing gambling. Many people forget with their rules once they find pleasure in gambling and makes them wants to playing gambling longer. That's not a good idea because they will spends much money and the chance to lose that money will be there.

We knows that gamblers have their own rule based on what they learn and experience they have. They will search and use their rules to guide them not to playing gambling excessively. But many gamblers lose control because of greed so gamblers should pay attention for that. Placing a bet on sports betting needs to have knowledge and always improve their skills to analyze the match.

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bitbollo
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March 31, 2024, 07:12:49 AM
 #76

the first rule is to follow the market/event before betting.
ideal is to be able to follow it on video. in a live event this must always be done because what happens at a given moment can be enormously different after few minutes.
but if this is not possible at least try to analyze the market depth with the odds placed.

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March 31, 2024, 07:18:50 AM
 #77

This one question involves so many energy levels being controlled at the time of placing a bet and at that, whatever morals or principles one holds dear might become tested if one ain't disciplined enough to maintain character. There would be more record of loss than ever and one wouldn't know how it happened.

For me my rules will be,
#1.  Never place a bet when drunk or on the brink of getting drunk.
#2. Never spend more than 10% of your income in one betting session
#3. Always trust your first true picks
#4. Always check previous results and stats of the likely matches to place bet on.

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Heartilly
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March 31, 2024, 08:27:10 AM
 #78

Don't jump into betting on random matches that we are not familiar with.

I'm sure lots of bettors are doing that because they saw someone getting profits from it. Maybe a few times we can insert betting on random matches but don't make it a habit. It's still comfortable to bet our money on a match that we know and are familiar with as our knowledge there can be used to make a good analysis. It's also more fun to watch our favorite team while having an active betting on them.
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March 31, 2024, 08:35:26 AM
 #79

We read you!

The same old rule that we've talked about many times already, to never use more than I can afford to lose, this doesn't end in sports betting only but in every other things, even when investing your money in reliable assets.

Investing what you can afford to lose on anything bring you comfy, even if anything bad happens you won't go down with it, because you risked a small amount of money, and if you are greedy you will always not be satisfied with risking small money, because you will always want the biggest rewards.

The problem is how one will know if what they are about to do will come out the right way that they wanted, even gods are not always right, and we are humans, its better to stay withing your boundaries, and always treat predictions as a possible failure.

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March 31, 2024, 08:40:57 AM
 #80

gamble with money you can afford to lose. because many gamblers gamble using money they cannot afford to lose, and when they lose they become stressed and do not accept that fact. and i don't want it to be like that, i don't want my gambling to be unpleasant, i want the gambling to be more enjoyable and not become a regret for me by spending on something i don't want.

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