DON’T believe in superstition. There’s a tremendous fun to the rituals of watching and betting on sporting events: stand up every time they’re about to make the kick, always eat the same food when you’re watching the team play, or make sure you’re wearing your lucky hat. Or whatever else. Well, these rituals can be fun they have absolutely no bearing whatsoever on the performance of the team or athlete you’re betting on. The sad truth of the matter is that the individual watching a match from the comfort of their home or favourite betting café is just not important enough to influence a match. If you want to indulge in these superstitions for the communal element, then go right ahead but know that it doesn’t matter. And it should NEVER influence your bet.
DO take advantage of your expertise and any additional knowledge you may have. You should only be betting on sports you understand well. That’s one of the first rules of gambling. However, don’t forget the other factors as well. If you know that one of the players of a team is going through a rough time, factor that in to how it will affect their performance and remember that when you’re deciding on your bets. If you’ve heard news of upcoming changes in the line-up consider how this could affect the morale of the team. It’s this kind of knowledge that can really make all the difference between a successful gambler and a chronic loser.
DO know all about gambling industry. Before heading down to the bookies and placing those bets, understand a little bit about how a bookie makes its money. Or a casino or an online gambling platform. All these places are there to make money and despite the chances of a big payday for betters these venues would be bankrupt if they didn’t turn profits themselves. Understand how odds and handicapping works. With a bit of knowledge not about sport but about gambling you may re-appraise what bets are sound and which ones are likely to lose. In a way it’s you versus them, so know what you about the people with whom you’re doing business before you place your bets.
DON’T bet emotionally. You’ll want to have an iceman mentality if you’re out to make money. If you’re struggling to pay your bills you’re likely to make bigger and bigger bets and on more and more dangerous matches or games in the hopes of a big payoff. These big payoffs can indeed happen, but they are very rare. If you’re feeling stressed, you probably shouldn’t bet. And the same can be true if you’re on a winning streak or just feeling particularly happy. A good mood can influence how much you’re betting on what you’re betting on just as much. As much as it is possible try to effect an ‘ice man’ attitude and bet on reason and logic and not emotion.
DON’T place bets when you’re drunk or high or tired or angry. This is similar to no betting emotionally, but we’ve all had bad ideas that we thought we were great when we were drunk. Don’t do it!