Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 3

Ten Commandments of Sports Betting

[Copy link]

644

Threads

1631

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
16313
Post time 7-10-2023 11:29:27 | Show all posts |Read mode
1. Can't Afford to Lose:
If you enjoy gambling but losing money makes you feel anxious or seriously affects your mood, it's best to avoid gambling altogether. Gambling always involves both wins and losses.

2. Don't Gamble on What You Don't Understand:
Knowing the game you're playing is essential. Understand your opponents, the expected returns from the game, and the correct strategies. Avoid unfamiliar or unusual games.

3. Don't Trust Your Instincts:
In gambling, outcomes are mathematically calculated. Relying on intuition alone won't lead to consistent wins. Successful gambling requires knowledge of the game, proper bankroll management, and efficient strategies.

4. Long-Term Strategy, Short-Term Luck:
Gambling purely based on luck may work in the short term, but in the long run, mathematical probabilities take over. To win consistently, you need a solid strategy. Temporary victories can turn into long-term losses if you lack a strategy.

5. The Winning Mantra:
Gambling involves strategies and betting patterns. Winning requires discipline, patience, stability, determination, and knowing when to quit. The mantra for success is: Patience, Wait, Steady, Aggressive, Exit.

6. Always Treat Gambling as Entertainment:
Your motivation for gambling should be entertainment. Keep stress levels low and approach wins and losses with a calm mindset. Stay mentally clear to avoid making impulsive decisions.

7. Don't Hedge Your Bets:
Avoid adding more bets to hedge or reduce risk. For example, in blackjack, don't buy insurance. Only bet what you can afford to lose, and if you're afraid of losing, reconsider if gambling is suitable for you.

8. There's No System to Beat Probability:
There's no method that can beat pure probability in gambling. Short-term luck may favor you, but over time, probability always prevails. Pay attention to expected returns to guide your decisions.

9. High Odds Mean Higher Profits:
Games with higher odds or payouts can offer more significant profits for players. For instance, in games like baccarat, betting on a tie (despite its rarity) offers high odds.

10. No Guts, No Glory:
Some gamblers thrive on bold moves. However, only play with high stakes if you have the courage and the bankroll to support it. Be cautious and know your risk tolerance.
Reply

Use magic Report

286

Threads

1062

Posts

5262

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
5262
Post time 7-10-2023 11:36:48 | Show all posts
I have no control over these commandments.
Reply

Use magic Report

214

Threads

1726

Posts

9249

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
9249
Post time 7-10-2023 11:38:50 | Show all posts
It's called insurance, but that doesn't necessarily mean it's foolproof, right?
Reply

Use magic Report

305

Threads

1154

Posts

9841

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
9841
Post time 7-10-2023 12:49:43 | Show all posts
"All you're doing is insurance; you're quite impressive, aren't you?"
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list