How to Control Your Emotions in Betting

For the average better, emotions can play a big part in their overall betting experience.  Often times, a punter will bet on their favorite football team without really thinking through if it is a good bet or not.  This is called betting with your heart not your head.  Since these bets are not arbitrage betting, they are exposed and will tend to lose money over the long haul. Sports gambling is supposed to be fun and betting within one’s means, If this is not the case however, the person should stop betting or at least take a significant break to avoid developing an unhealthy addiction. Remember betting is fun and great when you are careful and as with anything, enjoy it in healthy amounts.

Enjoy the Wins

There’s not really a better feeling than getting a big win from a small placed bet at the bookies. Be sure to cherish the moment for the night and maybe even buy your friends a pint to celebrate! It is vital that you enjoy the win in the moment as that is the purpose of betting and having your risk pay off is sure to feel amazing. A win on a weekend out can make someone’s whole week and give them a positive lift if they were feeling a bit down, with winning though it is important to not get carried away at the bookies…

Avoid Getting Carried Away

Following on from the previous point, a big win can sometimes be the beginning of an unhealthy addiction. It is important to distance yourself from betting or save and put your winnings away before dabbling in another bet. This is exactly what the bookies want, when someone gets their first win, the bookies want to keep promoting offers and exclusive bets to them as a means to pull them in as at the end of the day they are a business who is trying to make money.

Do not Chase a Loss

Just as winning can feel great, losing can make a person feel frustrated or angry, especially if the bet was close to coming in. The most important thing to do is to take a break and return when you are happy and feeling the fun coming back to you. The worst thing you can do is try and chase your losses. The majority of the time this will lead to you losing larger amounts of money and could even get a person into financial issues if taken too far. At BetSlayer, we encourage those who are sensible to bet responsibly and highly promote our sports arbitrage betting tips as within this process you should consistently win small amounts of money that add up over time.

Set a Budget

This is the most important and easiest method of controlling your emotions. If you are frustrated on a bet loss, yet you have already reached your budget cap for the day/week then instead of placing another bet, you have time to calm down and save your money. We at BetSlayer encourage casual punters to learn about arbitrage betting if they want to make consistent money off betting and also encourage those who are partial to going over a limit to budget themselves. Companies such as Sky Bet have introduced budget cap and cooling down period which is good for those who struggle to accept a losing bet.

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About the Author Rob Stoubos