Betting & Gambling

“You gotta know when to hold ‘em, know when to fold ‘em, know when to talk away, know when to run” ...

Here are some top tips for gambling:

• Don’t be greedy - if you lose what you have just won, you’re being greedy.
• Gamble money you can afford to lose - if you need the money, don’t gamble.
• Gamble half of what you are willing to risk - this way, if you don’t win, you will give yourself a second chance, another day.
• Approach gambling realistically - you can’t force a winning outcome and don’t expect to win every time.

Remember: Winners know when to stop!

“You gotta know when to hold ‘em, know when to fold ‘em, know when to talk away, know when to run” ...

Here are some top tips for gambling:

• Don’t be greedy - if you lose what you have just won, you’re being greedy.
• Gamble money you can afford to lose - if you need the money, don’t gamble.
• Gamble half of what you are willing to risk - this way, if you don’t win, you will give yourself a second chance, another day.
• Approach gambling realistically - you can’t force a winning outcome and don’t expect to win every time.

Remember: Winners know when to stop!

Top tips to improve your betting:

• Understand the concept of value - make sure the odds being offered are of value. Being able to spot value means you’re able to spot odds that are too high consistently – and capitalize on those opportunities.
• Know basic maths - if you’ve ever said the phrase “I’m not a maths guy but….”, then you probably shouldn’t be a betting one either. It’s a numbers game, and you need an adequate relationship with division and multiplication as a minimum.
• Think long-term - if you take your betting seriously, you need to think long term (maybe, just maybe, if you stick with it long enough, you can make a living wage out of it). Betting, like any other form of serious investment, is a marathon, not a sprint.

Remember: There are no so-called ‘safe bets’ and nothing is guaranteed in betting.