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Author Topic: What is the #1 rule you live by in sports betting?  (Read 452 times)
EarnOnVictor
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March 29, 2024, 07:57:26 AM
 #41

We read you!
My number one rule in sports betting is bordering around the money and risk management, and it could be in so many forms. I can't deposit/wager the amount of money I can't afford to lose and I make sure that I even manage the money in my gambling account more effectively. These are the only ways I know I will not go astray in my gambling.

Thankfully, I have been practising them with all discipline and determination, and this is the way I can only point out which makes me many steps better than many sports bettors I know. Because even in losses, I still do not feel it since it is all about the long-term result, and when you are good with your betting, overall and over time, you will smile.

However, I repeat don't wager the money you can't afford to lose and let strict management be your goal and account preserver.

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ethereumhunter
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March 29, 2024, 08:20:26 AM
 #42

The #1 rules I always remember is only used the money I can afford. Without that, I will only loses much money and will makes me to playing gambling longer than usual. That means, I can loss more money and makes me sad or regret. I always trying to follows my rule and not trying to breaks it because that will makes me gets a bad experiences playing gambling. Besides that, I already have that bad experiences in the past so I don't wants to gets the same experience.

I can playing gambling without using much money or without too long because I only wants to enjoy my spare time. That's why I always trying to manages my limitations and not breaking it.

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March 29, 2024, 09:13:25 AM
 #43

We read you!
I hope people read this.

Gambling is not a source of income.

This always rings in my head, I have been careful of such ways of making money that's why I get my way with gambling, I use what I can afford to lose and I don't have any reasons to chase losses.

If you can believe that gambling exists to give people some fun time and probably a chance to win at times then everyone will see it in a different way, they will learn to be less dependent on gambling.

Seek for fun/entertainment, not money, you will most of the time fail, but if you aren't expecting to win you can still get lucky too, the fact is do not expect.

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SPIN

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danherbias07
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March 29, 2024, 09:26:08 AM
 #44

Never bet for a draw anymore. Cheesy
I used to try my luck on that option because of the high multiplier that it can give but ever since I counted all my losses against my wins, that is when I realized I should stop betting for a draw.

Never make a shoot-to-the-moon parlay. Picking the impossible after the impossible can make the parlay boost up to x1000 multiplier but it's a high risk with most of the time no chance for a win. It's very rare to see a gambler win those kinds of bets so I'd rather pick odds like x1.35+ to x1.50 and try my luck if I can combine them in a parlay and win it. Very low profits but the risk is lower unlike what I said above.

We should have this kind of rule and live with it. That way we can avoid spending money on a bet that is unlikely to win. Then, we can save those and use them for a more sensible bet.

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March 29, 2024, 09:41:16 AM
 #45

We read you!

Be a responsible gambler, full stop.

The bitter truth is gambling won't make 99% of gamblers rich.

The chances to win in gambling are too slim, unfortunately, many don't accept until they find out themselves.

I stopped fooling myself about the easy way of making money a long time ago, no one can tell me otherwise, the reality is to develop a skill and start getting paid, there is no such thing as not working and making money, this is why the chances is too slim when gambling.

Gambling is not bad, it delivers fun and entertainment, but it's not something worth paying too much for, gambling deserves two figures from me, not three, not four, my risk play is around $20s most of the time.

.
SPIN

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March 29, 2024, 12:10:12 PM
 #46

I have observed remarkable difference in my gambling ever since I decided to make rules and also follow them. Everything about my gambling now have become controlled, from how much I can put into gambling to targets even to the things that will make me stop for the day are all known before I even get started. I think making rules for myself is the best thing I did that is helping me in sports betting.

I live by the rule to never bet more than I can afford to lose.
This should be about the first rule for every gambler if they want to maintain their sanity. It took me time and a lot of sacrifices to come to terms with this rule, so I guide this rule jealously. Before even starting, I first of all calculate the amount I'm willing to put into gambler to check if I can afford to lose it. This way I will be prepared for whatever outcome I get even though I will still hope to win.

R


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March 29, 2024, 12:27:15 PM
 #47

I may not have number one rule on sportsbetting but I have various thoughts to consider before deciding to bet on a team.

1. Is usually I am much careful regarding on listening to those unverified opinions and exaggerated claims that they cam give you decent or any passive profits if you listen to them and bet according to what they say to you.

2. Always do a research on everything since this is really a big help for us gamblers to have big possibilities to win. We need to see each stats of the team including the rosters availability to know if we have huge chance to win.

3. Be active on sports discussions on the league you are watching since from that you can start to know each team in the league since familiarity is somehow important here.

That is few things I consider and it somehow give me some confidence to win on the bets I put on those teams I like.

R


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March 29, 2024, 12:30:28 PM
 #48

Don't go by the odds because it's delusional in terms of results and any result is still possible irrespective of the previous results from the same team. Apart from this the rules are same whether sports betting or on a casino platform, never bet money that you can't afford to lose and don't chase the loss cause it will lead to more loss than you incurred.

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March 29, 2024, 12:39:35 PM
 #49

The #1 rules I always remember is only used the money I can afford. Without that, I will only loses much money and will makes me to playing gambling longer than usual. That means, I can loss more money and makes me sad or regret. I always trying to follows my rule and not trying to breaks it because that will makes me gets a bad experiences playing gambling. Besides that, I already have that bad experiences in the past so I don't wants to gets the same experience.

I can playing gambling without using much money or without too long because I only wants to enjoy my spare time. That's why I always trying to manages my limitations and not breaking it.

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.



My #1 rule on sports betting is don’t look on the odds figure but rather stay on my pick to avoid being tempted to pick a wrong decision just because the profit probability is much higher to my original pick. This happened to me a lot before but now I learned to stick to my prediction without the odds consideration.

Also only place bet on matches that I have enough data. Sometimes I place bet on different matches just to increase my odds that later on becomes the reason to destroy my original pick.

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March 29, 2024, 01:26:37 PM
 #50

We read you!
Most important would be "Set your weekly budjet for gambling low enough, then never bet more than budgeted for it". It could be monthly budget, as that suits better for most people, but i have time management issues and need to divide that month in sections to grasp how much i am gambling, because even though i am not addicted a lot, i would be annoyed if i blew one month's gambling budget in day one and had to wait for a month to play again. Minus the bonuses i can obviously use for gambling. Those are basically free money i don't count to budget.

Next rule would be about protecting my #1st rule, and that is to avoid to play in any mental state (angry / desperate / toxicated) that makes it harder to follow my #1st rule.

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March 29, 2024, 01:41:04 PM
 #51

Never bet for a draw anymore. Cheesy
I used to try my luck on that option because of the high multiplier that it can give but ever since I counted all my losses against my wins, that is when I realized I should stop betting for a draw.

Never make a shoot-to-the-moon parlay. Picking the impossible after the impossible can make the parlay boost up to x1000 multiplier but it's a high risk with most of the time no chance for a win. It's very rare to see a gambler win those kinds of bets so I'd rather pick odds like x1.35+ to x1.50 and try my luck if I can combine them in a parlay and win it. Very low profits but the risk is lower unlike what I said above.

We should have this kind of rule and live with it. That way we can avoid spending money on a bet that is unlikely to win. Then, we can save those and use them for a more sensible bet.
Stick into something which is really that something realistic and not to make yourself copy with those $1 win up some hundreds of thousands winning on which those are really just that bets
which does need up that extreme luck for you to be able to hit up. Trying out to chase with those kind of winnings which we know that chances are really that indeed slim.
I havent been able to make up some bets on draws on which this is something that doesnt come often. Yes, odds are really that interesting or something that you could be having that kind of boost up
or throwing up some bucks but we know that chances are really that indeed slim but if you could be able to spare up and wary into your betting then go ahead but taking up some hopes
that you might be able to hit then dont expect.

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March 29, 2024, 01:46:40 PM
 #52

Well, for me this question is not specific enough. but okay, let's discuss it from my betting perspective. Talking about the rules and regulations related to gambling in sports betting, it's actually not that complicated for me personally. Most importantly, don't force yourself to bet on something you don't know, don't force it if it's not relevant regarding the odds. I mean, if there is no ideal choice option to choose as a bet. even though, this match is a crucial match. Apart from that, recognize something that is important to know. The reason is, we involve betting, apart from liking sports. increase your knowledge regarding anything about the sport so that we have broad insight to be involved in the bets we will make.

Personally, I only bet on a few matches from various leagues. Even then, I have sorted and selected before. then, research and analyze it. as I said above, if nothing is ideal, feel free to not bet. After all, there are still other matches. for example, the next day, or next week. my rule, bet on single bets. 1 or 2 matches I choose, that's enough. It could also be more, but with conditions, we have won the previous bet. As for the multibet option, it depends on the bet we are betting on. if I bet big, 3 games is the most. However, if the bet is low, maybe it could be more than 4 or 5 matches. Well, these rules and regulations have become part of my gambling especially on football.

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March 29, 2024, 02:16:39 PM
 #53

There are multiple rules I live by. 

1) if a line looks too good to be true, it is!
2) if I am winning that game and it's pretty much a given but I want to bet in game live I won't bet more than 50% of my projected profit so that no matter what I come out a winner with the possibility to win more
3) this is a big one, I don't bet single one shot things like ball/srime on next pitch in baseball, 2pt or 3pt for next shot in basketball, pass/run next play for football.  Too easy to lose too quickly

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March 29, 2024, 02:23:23 PM
 #54

We read you!
It would have been more fun if you had added some more context to the topic instead of writing this. However, moving on.

The number 1 rule that I live by in sports betting is to never bet randomly and always do good research and analysis before placing a bet because sports betting is not like traditional gambling games where you select your bet amount, click a button, and boom! The result is in front of you. Sports betting is something completely different and you need knowledge more than luck in it.

A lot of people get into sports betting thinking they can earn a lot of profit from here but they don't evaluate themselves first to see if they have got what it takes.

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March 29, 2024, 02:31:21 PM
 #55

The #1 rules I always remember is only used the money I can afford. Without that, I will only loses much money and will makes me to playing gambling longer than usual. That means, I can loss more money and makes me sad or regret. I always trying to follows my rule and not trying to breaks it because that will makes me gets a bad experiences playing gambling. Besides that, I already have that bad experiences in the past so I don't wants to gets the same experience.

I can playing gambling without using much money or without too long because I only wants to enjoy my spare time. That's why I always trying to manages my limitations and not breaking it.

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.
The 'don't play with money you can't afford to lose' rule is a general rule which can be applied to any gambling games, including sports betting, even though it's a specific for that category of gambling. However, it doesn't make it less important, since it's the basic guideline every gamblers have to follow in order to keep this activity functional inside their daily routines and finances.

The fact we have to wait for results when betting on sports doesn't mean the gambler is armored against the temptation of chasing losses and spending more money than they should in the present moment. The gambler can place just one bet daily, but if he can't afford doing that, he will have issues in the end of a time period, like a month or so. Therefore, it's never wise to neglect the most basic rule of responsible gamblers. It must be kept in mind all the time!

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March 29, 2024, 02:58:11 PM
 #56

...
I have female friends who gamble on sports too. My advice to them because of what I noticed is that they should always try to check the games they receive before they place their bet on it because this particular set of friends do not make any form of analysis of the teams and games they want to bet on, but just ask other gamblers to give them games to play and then they put their money on it. Even if you are not good with analyzing games, always try to check the games you have been given is a good rule for every sport bettor who bets like that to follow.

R


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March 29, 2024, 03:07:34 PM
 #57

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.

R


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March 29, 2024, 03:15:02 PM
 #58

We read you!

I have many that I know but the ones I practice very we are as follows:

-Never cashout: I don't know if you know about this cashout option in betting. The casino gives you a chance to close a multiple bets after many has won and left with few, they will allow you take close the bet and cashout some percentage which is going to be a win for you and the casino but the pay is usually below what is expected as full payout. I will rather wait for the remaining games to be played than allow small amount of win and I don't regret the games if they lose. I will try better next time.

-Don't bet what you cant't afford to lose: This sound underrated and not taking serious in gambling but a lot of people has died as result of this mistake. They gamble with what they need, they gamble with something that can break them down and I'm not ready to follow that path. If it's $10 I can afford to lose for that week, I will gamble it and I wouldn't mind the pay outcome. Peace of mind before money.  Kiss

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March 29, 2024, 03:35:46 PM
 #59

The rules I live by in gambling are very simple and it's as follows: Don't bet beyond your limit.
- Bet when you feel it is necessary and don't be moved by other people's games you don't know how they arrive at their prediction
- Have a small number of games like 1-5 to bet on, than exceed that.
- before going to a gambling house, set out a little amount of money you can gamble with and make sure you don't go above it due to you want to recover gambling losses.

R


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knowngunman
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March 29, 2024, 03:57:20 PM
 #60

I can see how everyone here has to share the same view on the number one rule as far as sport betting is concerned. Of course, there are many rules to live by as a sports betting player but the number one on the list will always be bankroll management effectively. One should always risk with what they can afford to lose before making any other moves. As long as you are risking affordable amount, you won't be depressed incase you experience lose at any point in time.

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.

This are easier said than done. Majority of gamblers claim they are betting with affordable amount but you will see the depression signs all over them when they lose that money. Losing affordable amount shouldn't make one to be panic at all. There is no guarantee of winning regardless of what strategy you use but this particular one gives you the rest of mind though the odds are not encouraging.

R


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