Top 6 gambling rules for beginners

Although the title says for beginners, every one who is betting online should follow these basic tips. If you are an experienced sports bettor you should already know these but scan through the article just to be sure.

Here are some of the top gambling rules you should follow while betting online. In gambling a long-term mindset is vital. You can win over the long haul if you gamble wisely and stick to your strategy.

Rule 1 – You alone chose how much to stake

Only gamble with an amount you feel comfortable with. Never let anyone pressure you into gambling with more than you are comfortable with. When you start gambling outside of your comfort zone that is when things begin to get dangerous.

Rule 2 – Never gamble with money you cannot afford to lose

Only gamble with money you can afford to lose. Never put your mortgage or car payments on the line when gambling. If you can’t afford to gamble with it then you should not be gambling, period.

Rule 3 – Keep records of everything

You must always know how much you have won or lost. This doesn’t mean that you have to write down every bet you place but every day, week or month you should look through all of your bookmaker accounts and get an overview of your profit/loss for the period. The alternative is that you will start underestimating your loses and overestimate your wins and potentially believe you have won more and lost less than the reality.

Rule 4 – Know the game before you play

Don’t place any bets unless you know the market you are betting on really well. It’s one thing to spend a few bucks while learning or just having fun, but it’s another to play it over and over without knowing the fine details of odds, strategy, etc.

This may be less of an issue if you only bet on the match market i.e. the home team to win, draw or away team to win. But do you fully understand over/under and Asian handicap betting? If not then do more research before betting on those markets.

Rule 5 –  Don’t overcomplicate things

If you are just starting out with sports betting then keep things simple. There are a huge amount of sports you can bet on and thousands of markets. Stick to a football league that you know and only bet on teams that you know. You can then expand from there and specialise in certain markets or football leagues.

Rule 6 – Use available offers and bonusses

All bookmakers have sign up bonusses and offers for existing customers. Make sure you take advantage of these offers as they can increase you bankroll and help boost your profit.