What is the #1 rule you live by in sports betting?

[Obim34]

We read you!

I can see many people here have done justice to giving out the most essential rules to follow during sport betting, like avoiding using loaned money to bet on games or chasing loses or even prioritizing gambling as a source of income. Let me add another, which it may not have been discussed earlier. We are to maintain the rules of not selecting a winner due to the facts we are a fan to  the club, our analysis should not be sentimental. This may look like having a fan spirit but we may as well end up losing our bets.

[Maslate]

It's always gamble what you can afford to lose. it does not only goes with sports betting but on other type of gambling as well.

Hmmm.. I'm not getting specific here so let me point one thing that is really connected to sports betting.
Well, I think the most important is "learn how to manage your bankroll effectively"... By saying that, I mean you need to raise a decent amount of bankroll for you to be able to manage it well, and that means you also need to ensure that your bankroll is intender for long term gambling as sports betting especially in basketball, it has a whole season (less than a year) that we can consistently bet.

[Yaunfitda]

We read you!

I can see many people here have done justice to giving out the most essential rules to follow during sport betting, like avoiding using loaned money to bet on games or chasing loses or even prioritizing gambling as a source of income. Let me add another, which it may not have been discussed earlier. We are to maintain the rules of not selecting a winner due to the facts we are a fan to  the club, our analysis should not be sentimental. This may look like having a fan spirit but we may as well end up losing our bets.

I admit though, that I borrow money to bet sometimes, but I have a limitation of $100. After I win, then I have to pay that immediately and sometimes I still have some money after that. And if I lose, then the same, within a month I have to pay for it, but again, I have limitations and it's might not be a good advise. Anyhow, I think there is also good advise from a lot of experience posters here, but I remember though that I stay stir away from making multi-bet or parlays, as from my experience, it's hard to hit it and only one game, your bet is going to be destroyed.

[OceanBit]

My rule is to bet with my head and not my heart. Bets to be successful is by making rational decision based on facts, statistics, and analysis, and not by cloud emotion or even loyalty/favorite team or player. If you let emotions win, it will only lead to impulsive bets that can result with losses. Bet smart, make informed and profitable decisions.

[pinggoki]

Same with my rule #1 when I play in poker, slots, and baccarat, don't gamble what you can afford to lose, pretty foolproof strategy but at the same time, works really well and doesn't cost me my sanity. The rule that's unique when I do sportsbetting is that I'm only playing safe as much as possible, if the odds are really close, just go to the lowest for the safe bets but not so low that you lose money even if they win, and it's also worth noting that if the odds are on the double digit territory but at the higher end of the double digit odds, considering to bet on them is probably a good idea.

[Su-asa]

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.

I don't think it's a good thing to gamble with what you can not afford to lose, every risk should have limit and you you exceed that line that means you are not going to make a good decision. Don't forget that everyone who's risking on gambling should not risk everything that they have.
For me the first thing that comes to my mind to gamble with small money and let it be that that's the money I can risk and can also afford to lose. Any money that's lost can not come back to the same pocket. That money can not come back unless you win and sometimes the money you win might not be equal to the ones you have lost.

[Natalim]

Take it seriously. LOL... I mean if you want to make money in sports, you need to take it seriously like you are running a business, as it's just a waste of money if you bet for fun but you are not in control on how much you can afford to lose only. When you are serious, you'll be careful with selecting your picks, you'll not follow your heart but it's your mind as you'll make sure you analyze it well before you pull the trigger.

I have been sports betting for years now, so all I'm saying here is just based on my personal experience, you know, when you can't control yourself, you'll never be happy with sports betting, worst is you'll get addicted and another worst thing would happen to you is you'll become homeless.

So I'm emphasizing it here the word " CONTROL"...............

[angrybirdy]

We read you!

my number 1 rule is only gamble the amount that I can afford to lose so In that way, I can limit myself to spend more money in gambling and also to prevent myself in any obsessions that may happen whenever I experience excessive gambling. I'm aware that gambling is just for fun but many of us still consider it as an activity that will give us money that's why we can see, there's a huge volume of people who became addicted in gambling.

[Hypnosis00]

We read you!

my number 1 rule is only gamble the amount that I can afford to lose so In that way, I can limit myself to spend more money in gambling and also to prevent myself in any obsessions that may happen whenever I experience excessive gambling. I'm aware that gambling is just for fun but many of us still consider it as an activity that will give us money that's why we can see, there's a huge volume of people who became addicted in gambling.

oops.. I guess that's the number rule of most of us here. With that, I can say that majority of us really responsible gamblers, I liked that and i want to stay at that group. Well, personally, aside from being responsible that only gambles what I can afford to lose, I think the number rule of sports betting is to know the sport you are betting, very general but that means you are familiar with league, you know the players and you follow them.

[bakasabo]

If we speak about live sports betting, then main rule that I follow is to bet only in sports that I understand. For example I will never place a bet on a game in American football, but I will gladly place a bet in hockey. Placing a live bet in sports that you fully understand increases chances of winning it. I will use same football as example. When you watch game live, you understand which team is pressuring other. Watching game online on a gambling platform, when you see field and dots moving on it, you will never understand what is really happening. When you see a freekick live, you might guess that team might score. When you watch same online with just dots as players, you can never tell what is going to happen next. And you can never tell if that freekick is going to be dangerous or not.

[piebeyb]

My first rule before playing gambling is to bet on matches that have a chance of winning, for example a difficult match between strong teams, I will usually skip difficult matches like that and prefer matches between strong teams and weak teams, usually the strong and favorite team has a chance. The odds are low but I can play multi bets for several matches to get more odds. Another thing is to analyze before betting because it is important that not all favorite teams will always be superior and win against clubs that are not favored, sports betting is always full of surprises.

Apart from that, prepare a budget that is ready to lose, aka money that is ready to be lost and don't try to force yourself to use money for living needs, because of course that will only eliminate unnecessary money, I think that is enough to fulfill the rules of the game in sports betting before If you bet because there are too many rules, you won't be able to enjoy sports betting properly. Just the important thing is that the rules for gambling on sports betting are reasonable and make sure we always analyze before betting.

[Frankolala]

#1 rule is that I gamble for fun, and not for profit. This has helped me to set a gamble budget that I do gamble with weekly, whenever I want to have fun. When you gamble for fun, you will also consider losing the game, because you know that gamble is all about win or lose. I bet only on matches that I am knowledgeable about.

This will enable you to use little amount of money that would not affect your emotions, and you will not think of chasing your loss. It also helps me to stop gambling when the assigned funds for gambling have been exhausted.

[cabron]

Do not go against the bookmaker's odds unless it's too obvious that their odds are too onesided. When they give Team A 1.20 vs Team B 3.20, then Team A is likely to win the match.

There is an exception to this of course this is when you get adventurous like the Asian Handicap, double score, and betting on Score. If you are confident enough, it all depends on how much you can confidently wager.

[punk.zink]

- Gambling can mess up your emotions, so don't gamble because of emotional urges
- Don't gamble with your life, therefore bet with that you can afford to lose
- You should not bet on your favorite team

[acroman08]

I rarely bet in sports betting but my rule is te same as my  number one rule when not gambling in sports, and it's "only gamble what you can afford to lose". That quote is one of the most important thing you need to remember when gambling, because gambling with money you can't afford to lose usually ends up in disaster.

[Pi-network314159]

We read you!

The no #1 rule I have is don't play gamble with more than what you can afford to lose. Because this singular statement covers all the aspect of the gambling habits. Like when you chase your loses can Leed to spending more than your expectations and may Leed to addiction. Greediness of wanting to win big might make you spend more than what you expected. Making gambling a hobby by not given yourself quality time may end up spending alot on it. So number one priority is to spend less than and save more otherwise it becomes an addiction.

[Stalker22]

My number one rule when it comes to sports betting? Not straying outside my comfort zone of teams and leagues I actually follow.  Early on, Id get sucked in by the buzz around a major event or a popular pick, leading to some real duds. 

But hey, always down to pick up new sports knowledge here and there. Still, best to stick to what I know rather than playing expert.

[Slow death]

We read you!

Why are you now creating low quality posts? I hope this doesn't become something normal and is constant because you have had good posts and of good quality. Regarding your question, I think the answer is that we should never play with money that we cannot afford to lose. This is the number 1 rule in the world of gambling. Anyone who enters gambling needs to know this rule: never gamble with money you cannot afford to lose. After the person memorizes this rule number 1, then they can and should start memorizing other secondary rules such as not chasing losses. and then learn to manage your bankroll well and have good time management so you don't spend the whole day playing and then lose track of time

because it is not only in the financial aspect that a person destroys himself when he abuses games, he also destroys himself in terms of time management, because a person who spends many hours playing with little money and good bankroll management will not have financial problems, but she will spend much more time playing and forget about other things in the real world, for example, she will start falling behind on her job, she won't pay attention to her family, she won't have fun with other things in the real world. all she will be doing is spending many hours playing and destroying herself.

[harapan]

We read you!

One thing I love about sport betting is the fact that I gain knowledge in various aspect in regards to making strategies plan to make a win and with this it needs you to abide by the rules and regulations guiding the bets and again another rule is knowing that I should be spending the lowest amount inorder not to be chasing my loss..
It's really a wide range of experience and watching other people make it all big with just betting so another rule that keeps me going is that I do what I do for love and enjoy everybit of the fun it brings

[Natsuu]

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To me it having a realistic goal and knowing when to stop. When I know my target profit for the day and it is realistic I get to have more wins because I am not chasing profits or pushing my luck too much. Because often time if I do not, the profits I earned early on I ended up losing also. That's why knowing when to stop is important to me also. I this this every time either when I already reached my profit target or already reach my maximum lose for the day. This help me not to overexpose myself to risk more money more that what I am willing to lose.