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Gambling do's and don'ts |
Some common sense advice
- Don't ever gamble with money you can't afford to
lose. I'm sure you've heard this piece of advice before,
but I suggest that you really do take this one to heart. When you
start gambling with money that you can't afford, your asking
for trouble that could lead to some severe financial
difficulties.
- Don't gamble while intoxicated or tired. In order to make
wise decisions in your gambling strategy you need to have all
your wits about you. So only play when wide awake and sober.
- Don't chase your loses. By this I mean, if you've had
a bad day at the casino and nothing you do seems to going your
way, quit for the day! Don't start betting erratically with
the hopes of getting all your money back quickly. I can almost
guarantee that if you do you'll wind up losing even more.
Many novice, amateur gamblers panic and make the mistake of
increasing their bets wildly with the hopes of getting all their
money back quickly.
- Do stick with your gambling strategy. If your on a losing
streak decrease the amount of your wagers, if on the other hand
your on a winning streak increase your bets accordingly.
- Don't throw your money away while on a losing cycle. If
you lose 5 or 6 rolls of the dice, hands of blackjack, spins of
the Roulette wheel or any other game, quit for that day. Go to
another casino, or do whatever you feel necessary to break the
cycle. But don't beat your head against the proverbial brick
wall.
- Do set yourself a realistic win-loss limits and stick with
it. This is probably the biggest mistake most novice gamblers
make, they'll get ahead a bit and then they start getting
greedy, with the hopes of beating the house. You must remember
that the odds are in the houses favor and if you keep at it long
enough you'll lose back everything you won and then
some.
- Don't think of gambling as entertainment. When you do
your more apt to become careless in your wagering decisions.
Think of gambling as a source of income. Think of your bankroll
as an investment that you expect a return on. If you think of
gambling in these terms your more apt to make good wagering or
betting decisions.
- Do understand fully the particular casino game or games you
like to play. Many online casinos offer guest or fun accounts.
This is a great way to practice your strategies and or systems.
Read any information you can find on your game and strategies
that may give you an edge.
- Don't become stuck using some betting or wagering system
because someone has told you that it's foolproof and
guarantees you'll win. No system can guarantee that. The best
system you should develop is a good, well planned out money
management system.
- Do set yourself a time limit for your play. Sitting to long
in front of your computer or too long at the blackjack table will
tire you out, and like I said before when you become tired your
more apt to make mistakes and bad wagering decisions. Take a
break and let your mind rest, you'll have a lot better chance
to win if you do.
- Don't depend on luck. Base your wagering decisions on how
your game is going, whether your on a losing cycle or a winning
cycle. Luck is unpredictable and unreliable. Sometimes it's
in your favor, sometimes not :)
- If you ever feel your losing control of your gambling do seek
out professional help. Gambling can become addictive and possibly
lead to financial ruin. There are organizations like Gamblers
Anonymous that can help.
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