The Eight Basic Rules of Sports Gambling

The below are the rules that avoid most common mistakes made by sports gamblers. Follow these 8 basic rules and you will find your sports betting balance growing quickly:

1. Never, no matter what, bet more than you can afford to lose.

2. Always bet no more than 2.5% to 3.5% of your balance per wager. For example, if your wagering account balance is $1,000.00. You would not bet more than $25.00 or $35.00 per bet.

3. Only increase the amount you bet per wager once you have increased your balance by 25%. For example, if your starting balance was $1,000.00 you would bet $25.00 per bet until you reached $1,250.00. At this point you would increase the amount you wager per bet to $31.00 per wager. You would continue to wager $31.00 per bet until your balance increased again by 25% (when it hit $1,560.00).

4. Never decrease the amount you wager per contest. This is a sure fire recipe for dissaster.

5. Always play the same amount on every wager. In other words, do NOT play $25.00 on one game and $15.00 on another game. Bet 2.5% of your balance on every play you make.

6. Do not play parlays. Parlays have great payouts, but the odds of winning and the Return on Investment (ROI%) can be poor. If you want to play a parlay for the potential big payout, play less than 1% of your balance on the parlay.

7. Track your Return on Investment (ROI%). Return on Investment is a mathematic formula that tells you how much money you win for every dollar that you bet. For example if your ROI% is 50%, then for every $1.00 you bet you win $0.50 (or for every $100.00 you bet, you win $50.00). ROI% is expressed as a percentage and is figured by dividing the total amount of your winnings by the total amount you have wagered.

8. Track your ROI% on each sport individually. You will learn your strengths and weaknesses.

The 8 Cardinal Rules Of Gambling Responsibly

Being hooked to online casinos is easy, but getting out or being in control is difficult. Yet, with these tips, one can ensure that they are having a good time without being addicted.

Gamble for sheer pleasure and diversion

Play only for the sake of having fun. This should be the mantra of every potential online casino member. Indeed, winning can be addictive to some sort. But always remember that there will be rough times. Enjoy the game, nothing more, nothing less.

Setting caps or limits

Addiction begins when control falters. Online casinos can give you all the thrill and adventure that you want, yet, it can also take everything that you own. This is why observing a ceiling with regards to the amount of time spent and money used should be always practiced.

Do not be too desperate

Desperation occurs when a player desperately tries to break even or in other words-chase his or her losses. By doing this, a member breaks the second rule. Players will always have the time to visit online casinos. Losses are losses and chasing all of them is not a very smart move.

Have a break

Getting breaks is also a way of setting limits. By taking constant breaks, the attention is diverted to something else and if the other activity is taking one’s focus, being addicted can be avoided.

Do not use your emergency funds

The money that is allotted for monthly bills and other important expenses should not be used when playing in online casinos. One can allot funds for playing casino games. However, the ones that are budgeted for everyday needs should remain intact.

Assess thy self

The problem with addiction is that players often fail to check themselves or refuse to check their daily habits. Always remember, change comes from within.

Seek other forms of diversion

Online casinos are sustainable forms of diversion. But for sure, there are other activities that are worthy of one’s time and effort. Players must seek out other events that cater to their specific interests.

Seek help

Once the player sees that he or she is slowly falling into addiction, seeking professional help is a must. This is something that should be sought immediately.

There is nothing wrong with playing in online casinos. The most important thing is to know how to control one’s action and if professional help is needed, a player should be readily open to accept this fact and perform the necessary treatment and counseling.