How to Perfect the Art of Gambling
Many novice gamblers get into betting believing they can become an overnight millionaire or that they have perfected some brilliant system which will never make them lose money. But here’s the ugly truth – you can’t become an overnight millionaire, nor will you have a system that’s guaranteed not to make you lose money. All gamblers lose money, even the best of the best.
Having said that; it is actually possible to limit the amount of money you lose, and still enjoy the odd flutter.
Why do you want to gamble?
Unless you happen to know the correct outcomes of anything you bet on, it is pretty much impossible to make a living just out of gambling; therefore, you should only gamble for fun.
Some people unfortunately let gambling take over their lives, and it becomes an obsession and pretty much an addiction like drugs or alcohol.
Never allow gambling get out of control, because if you do the results can be disastrous; you could possibly end up losing your car, your home, and even your family if they think that you won’t do anything about sorting your addiction out. If you think you might be getting to this stage, check out the Gamble Aware website for help and advice.
Practice Makes Perfect
Before you use any of your own physical money to bet, you should spend some time researching what you are betting on in order to help you define goals and limits (I’ll talk more about goals and limits in a bit).
For example, casino games such as roulette are available to play in a number of different formats, such as American roulette, European roulette, and French roulette. If you are looking to gamble on roulette games, do some research into the layout and rules for each game. You can also download free-to-play roulette games to your computer, or to your Smartphone or tablet device. You need to make sure that you are entirely happy and comfortable with the game you wish to play before investing any time (and eventually money).
Set a high enough bank that you’re comfortable losing: Your bank is basically the money you are going to use for gambling. As odd as it sounds, it is always good to set yourself up with a big enough bank that you won’t mind losing. The reason for this is simple: if you start out with a small bank of £20 or so, you will end up making rash betting decisions which are likely to leave you penniless much quicker than you would have liked, whereas with a bigger bank, you can afford to make small, multiple bets therefore spreading your risk more broadly.
Set some goals and limits, and stick with them: Once you’ve got your cash sorted out, you will need to set up some goals and betting limits, and not deviates from them whatsoever.
For example, when you play online casino slots, you set a loss limit of say 50% of your bank, and a winning goal also of 50% for the day. When you reach either of those ceiling limits, you stop playing! That way, you are better managing your money and not losing more than you need to.