Gambling remains a major industry, and bookmakers continue to prosper even in times when the economy is struggling. Because the vast majority of gamblers lack discipline, aren’t disciplined and can’t control their emotions, it is hard to understand why. Although this isn’t easy, you can transform yourself into a winning gambler by following a few simple guidelines a9play redeem code.
1- Establish a separate, well-funded betting bank
Gambling is a pastime, which if not managed properly can lead to large losses and massive debt. You should only gamble with money you have. By setting aside a certain amount to eliminate stress, even if it is lost, you can remove the risk. You can treat the bank as you would any money that you might have saved for social activities or personal pleasures. But there’s one important difference: you might see a return.
As part of this step, you can also convert your bank into bet points. A bank of 500 points would allow you to create 500 points. One point could be used on bronze confidence betting, three on silver, and five on gold. Alternativly, you might prefer a percentage. Both options are acceptable, as long you have a clear, rational and well-planned banking structure.
This is the last step. It is important to define success realistically. You won’t make a million dollars if you only have 500 bets. You need to be realistic and set sensible goals.
2- Keep records
It is important to be responsible and efficient when gambling. First, ensure that you keep accurate records of each bet placed. You can do this easily with a simple spreadsheet. Excel is a great tool for this type of activity. Excel has a huge number of options to help you break down your data, allowing you to see exactly where you are headed. You can create as many headings and column headers as you want, but it’s recommended to have at least these:
- Date – The date that the bet was placed
- Selection – what are you betting on
- Amount – How much you’re betting
- Odds are the odds that were given to you
- Categorization – The type or bet that is being placed, such as the system name or the categorised description
- Profit/Loss: Your total return
- Comment – Notes to be used in future analyses
3 Study
Unless you’re lucky enough to have a friend on the inside, trusting in others’ words or a tip is basically guessing. The rule of research states that you should have justification before you add a bet to your spreadsheet. It also means you need to know why you are placing it. If you are unable to study the statistics/conditions and categorically know you are placing a bet for the right reasons, you should not be betting in the first place.
It is unacceptable and could lead to financial failure if you don’t do thorough research about the betting event. The rule of studying is vital. It involves sourcing the appropriate materials, making sure you understand the results and taking sufficient time to digest your findings. To summarize, if you do not study, you are just guessing and will eventually lose.
4 – Get the value by knowing your odds
No matter which gambling decision you make there has to be a price you can afford. This is like going shopping. Even though you know what item you want and its value, if it isn’t worth your money, you wont buy. The same applies to this: if the odds are against you, then you shouldn’t back it. Ever!
Although determining the best odds is an art, this skill is essential for gambling success. Summarizing the rule, if you don’t know if the odds favor you or not, how will you be able to add it to your betting sheet with confidence?
5 – Search for the best chance
Call it penny-pinching or not, but the difference of 1/2 and 4/9 in the context a successful gambler is enormous. You have many options to compare all prices and it is impossible to gamble successfully if you only back the same company or local betting shop. You have now identified the bet you want to place and found the best odds. Now you need to look at the advantages of spending extra time looking for the best price.
Be sure to check betting exchanges, online booksellers, and all other places that offer this service. You don’t have to open up multiple bookmakers accounts, but a lot of them will offer you free bets. This will also give you an additional way to fund your betting account.
6 — Trust yourstudy
While it is human nature to doubt oneself, you should feel confident in your decision making. There are many things that could be doubtful about your decision making. If you have done your research properly, they can be ignored. You didn’t do a bad job studying just because the newspaper tipter said the odds of winning were lower than expected. You will actually prosper the most in times like these. While everyone else will follow the crowd, you’ll know that your strategy is superior. You’ll win more long-term gambling than the majority.