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Author Topic: What is the #1 rule you live by in sports betting?  (Read 462 times)
nitrobetting (OP)
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March 27, 2024, 11:03:15 PM
 #1

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alastantiger
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March 27, 2024, 11:04:59 PM
 #2

I live by the rule to never bet more than I can afford to lose.

It is none negotiable. It protects me from gambling recklessly and helps to keep my finances in check. My budget remains the same 5% of my monthly income. I know some individual do less or more but this is the percentage that I know I can afford to lose and still be okay. Even if I lose it, I know my financial stability will not be threatened. It is the fundamental of risk management.


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blockman
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March 27, 2024, 11:11:53 PM
 #3

Only gamble what I can afford to lose. That's always been the rule #1 for me and I am sure that it's also the rule #1 for most of the sportsbettors here. And the list goes on but you're only asking for one rule that we're living in so, that's it for me.

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March 27, 2024, 11:12:27 PM
 #4

Don't chase lose, at avoid revenge gambling it keeps faster than any other gambling.
Gamble with the amount we can afford to lose otherwise we leave to regret betting such amount, gamble with stable mind and not a compromised one. Again we should learn to accept the risk associated with gambling before delving into gambling otherwise we might be discouraged while gambling if the lost keep occurring.


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Wiwo
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March 27, 2024, 11:12:33 PM
 #5

Since you failed to make any clear statement or comments as to convey that question in the ops, I will comment based on the thread title since the question is a bit clear and simple to answer.

One of the things I hate doing lately while on sport bets is tak8ng a leave so fast and soon when the games slidely move against my predictions and also not to allow my greed to take over me to the point that I miss the chances and opportunity as their come along the way.

Some time the missing out is as a result of me making use of the cashout feature just to stop my total lose and at least sustain my gambling trends and time, but along the line I still end up losing the entire amount but along the line the game still will end up in my first line of predictions, so I will always be serious to get the right basic computer know

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March 27, 2024, 11:32:26 PM
 #6

Bet on a match you are familiar with the sports and also you have a clear view of what is the possible result of the match, for example, me as an NBA fan I really like to watch NBA matches so I really have the familiarity of the teams and players, so when there's a match I also bet on the match or the team that has the percentage of winning against the team in that way I can have the guaranteed of winning, but that's not the always case as sports can be unpredictable sometimes so we never know until the match ends, so the rule I hold is that bet responsibly and bet on the team or match you have a bigger chances of winning, dont just bet because you want to earn money, bet when you are sure you will win or having a bigger chances of winning.

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March 27, 2024, 11:41:24 PM
 #7

Sports betting goes far beyond luck, it is a set of techniques and knowledge.
So, in my opinion the main rule is: Bet on a sport that you dominate and understand everything about!

There's no point in going out and betting all the money you have on sports or competitions that you understand nothing or very little about, because in the case of a type of game where knowledge is your main strategy and advantage, sports betting demands enough study and understanding of the markets so that it becomes a profitable activity or at least one with low losses.
And even for people who gamble without the aim of making a profit, it's much more exciting when we bet on sports and betting markets that we have a good understanding of, making good use of what we already like.

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alastantiger
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March 27, 2024, 11:50:29 PM
 #8

Bet on a match you are familiar with the sports and also you have a clear view of what is the possible result of the match,
I grew up in a country where every young boy aspires to be a great footballer. We talk football morning, afternoon, and night. It is who we are, there is at least 3 physical bet shops in every street. It is not uncommon. We don't talk cricket or horse racing because it is not familiar to us. One time, I bet on cricket. I didn't have thorough knowledge about the game and I lost. Luckily, it was a small amount of money. Another time, I ventured into horse racing too and the result was the same. I went back and stuck to the sport I knew. You are right one rule to live by in sports betting is, don't bet on a sports you are not familiar or well versed in.

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March 27, 2024, 11:56:07 PM
 #9

There are several rules that must be adhered to in order to achieve an optimal gaming experience. All rules that are in the best interest of the user are good.
Personally, I have two favorite rules:
- Do not gamble with money that you are afraid to lose, regardless of the type of games you prefer. This ensures that your financial budget is not affected by an activity that is supposed to be just for fun.
- The second rule regarding sports betting is that I never bet on the matches of my favorite clubs because this will make the decision-making process full of emotions. Betting on your favorite team means you will never think that it could lose or disappoint you.

 
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March 28, 2024, 01:39:59 AM
 #10

The rules I have I gambling is as follows

1) keep gambling but don't get addicted
2) gamble with what you can afford to lose
3) don't become a lost chaser.
4) don't see gambling as I get rich quick scheme
5) don't gamble under pressure or with the influence of drug or alcohol and many other.

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March 28, 2024, 02:12:14 AM
 #11

Rules at standards we keep to help guide us as gamblers and to be a successful gambler, you ought to have and keep some personal rules and as a person, I personally avoid gambling when my gambling is been triggered by emotions and I always make sure, that I’m at the right state of mind before engaging in any form of betting,

Secondly, I try as much as possible to have a gambling budget either for a particular game, a day or even a week and as soon as I exhaust That  budget, I try as much as possible not to spend any more money and this is some other way to say, we shouldn’t gamble more than we can afford to lose.

 
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March 28, 2024, 02:33:14 AM
 #12

The rule: Avoid tipsters and so called betting experts. If you let another human think for you by telling you what game to stake on as a punter then you will suffer from their mistakes in terms of loss of money. However, if you do your own research, analysis, even if you lose, you will only see it as a learning curve. Some of these tipsters will tell you the game to bet on and on what sportsbook to use. Unknown to you that they work with those sportsbook. They receive a commission for every person who signs up through them and makes a deposit. There are tipsters who are actually good at their job but just a handful of them.

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March 28, 2024, 02:35:21 AM
 #13

We read you!
To have fun. Which translates to only betting on sports/games that I have an interest in. If it were about money I would've probably dabbled in god knows how many games and would probably have a table of teams for each sport and their public statistics and whatnot. Sounds really boring and tedious since I mostly gamble to enjoy the game itself with an additional thrill, not to add more stress from my daily life lol. That and well gambling only a specific amount per month. And since I gamble for fun in the first place, I tend to avoid any external factors that can affect my decisions, aka tipsters.

 
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March 28, 2024, 02:43:03 AM
 #14

We read you!

The rule that I always follow is that to bet on the game with low risk and more certainty. I don’t care about the odds, the odds may be very less, but still I place the bet, as it’s better to have little profit than full loss. So I always search for games where the winner is easily depicted from the game. So basically I place the bets during the end of the matches. This almost works for me everytime and I make good profits from it.

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March 28, 2024, 03:00:32 AM
 #15

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.

 
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March 28, 2024, 05:45:58 AM
 #16

There are many several rules people live by when it comes to Sport betting or online gambling, such as;

1. Never gamble with a money more than what you can always afford to lose.
2. Never make online gambling stop you from having quality time with your family/friends.
3. Never borrow money to gamble for no just reason.
4. Never gamble more that 50% of your salary or how much you earn each month, because that's how a addiction always begins.

 
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March 28, 2024, 06:06:41 AM
 #17

#Don't bet with emotions, bet with experience!

People betting on Sport, obviously also love Sport and they have their favorite team or participant.

You will obviously lose more, if your favorite team is say.. Liverpool and you always bet on them for winning the game... even if you know that they are playing a much better team or if they have issues like injuries.

Keep emotions out of your betting strategies... just bet with you brain and not your heart.

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March 28, 2024, 06:16:27 AM
 #18

We read you!

I have several rules when it comes to gambling, I use only what I can afford to lose, I also don't gamble every day, I only gamble when I feel like.

I am not doing it to make a lot of money, it's like drinking water only when you are tasty, unlike many gamblers who gamble almost all the time because they want to make money off gambling, I already know what I will probably get out of gambling, loss.

And it's been only a few times that I have been proven wrong, so I win when I don't even expect to win, for me it's all about how long I want to keep losing a certain amount, it can take a very long time to start winning but if you can maintain a small amount you will be alright.

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March 28, 2024, 06:51:53 AM
 #19

Most important and very important thing is to bet on match where overall we know all the information we need, or this could be said to bet on match where we clearly know lot about the two team and the two players who are competing.
That way we can make lots of predictions and also determine what predictions are correct and worth betting on. This can also help increase the chances of winning by minimizing losses.
Without basic information and knowledge, it means just betting carelessly and in the end losing is the result that always occurs, making you feel disappointed.
We bet by spending money and risk losing it, so we must always be wise and clever in risking that money, so as not to keep experiencing failures in row.

Apart from that, there must be budget set with consideration of oddities and risks taken, all of this will be very helpful and can make us have more anticipation of mistakes that could occur.

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March 28, 2024, 06:54:32 AM
 #20

...
There are many gamblers whose betting slips usually contain many games that they have made predictions.
Accumulating too many odds can make your chances to win from gambling lesser. From my experience of gambling, it is better to not try to accumulate many odds from selection and play the game with a little amount of money, rather you play few games that have good odds with a good amount of money not exceeding your budget. That way the chances of winning increase.
 

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