Let’s face it – gambling is a real thrill and betting on sporting action has the capacity to invigorate like very few pastimes.
Winning money, no matter how big or small through placing a sports bet is liberating and often once you win once, that feeling is something you crave.
However, gambling addiction is an incredibly dangerous affliction that can grip anybody and the notion of trying to chase lost assets can have a hugely detrimental effect on a person.
The increase in sports betting popularity across the UK has seen more people than ever before affected by gambling addictions and related side effects.
Whilst the pitfalls are there for everybody and money management and debt can become an issue for lots of punters, there is still lots of fun to be had too.
Here is a guide on how to stay in control when sports betting:
Betting Should Be Fun
As the old saying goes ‘when the fun stops, stop’.
Few phrases are more pertinent in the world of sports betting than the one above.
The very essence of sports betting is to place a bet on a predicted outcome, to then watch the sporting fixture and hope that your choice comes in and wins you some cash.
Veering too far away from this fun attitude and becoming dependent on sports betting from both financial and psychological perspectives can be hugely detrimental.
So, remember to have fun when sports betting, to help you stay in control.
Don’t Get Swept Up in the Emotion of the Game
Everybody who follows sport has a feeling of affiliation towards particular teams/individuals, but this can be detrimental when sports betting.
Always look to stay impartial and view the action objectively when betting on sport and try to refrain betting with emotion.
Having a clearer mindset when betting will not only help you win more often but will also reduce the losses, on fixtures you are already emotionally invested in.
Understand Betting Odds
Choosing between decimal and fractional odds is an important decision to make and familiarising yourself with both formats is key.
In addition, familiarisation with payouts and how much money you stand to win (or lose) can help you have a much clearer frame of mind when placing stakes.
Once you have a grasp of the odds and how they work, it is much easier to accept losses and appreciate wins.
Bet Your Way
Try not to be too swayed by fads and chancers that look to influence your betting strategy.
Implementing a clear plan is the first step towards betting successfully on sport and the next (and arguably most important step) is to stick to that strategy.
For example, if your strategy were to place no bets over $10 and that is a fundamental rule that your betting plan is built upon – so don’t waiver from it, as it could derail you with all future bets.
Being true to yourself when betting will always pay more dividends and it will help you from chasing the wins down a mental worm hole.
Cash in on the Free Bets
Betting with free money is always fun and after all, it won’t hurt you in the pocket, so it takes the pressure off.
Free bet promotions are very common for new and existing players as bookmakers look to generate custom.
Sportsbooks in the UK are fighting for custom left, right and centre and this has allowed bookmakers to offer even more bonuses.
So, shop around to find the best free bet promotions for you.