This is why you lose your bets

The betting craze that has hit the country is here to stay. Accept it you church leaders and social moralists. There are some people who make a living from sports gambling; and it’s not the betting companies. It’s those who place bet wisely. Here's what they say;

Don’t be too greedy

There’s no way a bet of ksh. 50 can return you 50,000. In case it happens it’s by sheer luck. The more teams you place on a multi-bet the more you decrease your chances of losing. The secret is place a maximum of three teams, and more money to ensure a greater return.

Don’t attach emotions

Just because you hate Man Utd doesn’t mean it will lose every time it plays. In this case though when you lose your money on a team you hate doesn’t make things any better.

Stake the amount you are willing to lose

Betting is a risk. The best teams you select won’t always be at their best. It often seems like something conspires against your money that you must lose it. As a rule stake the amount you are willing to lose even if the team has been a 50 game winning streak. Don’t stake your rent or fees. The last thing we want to hear of a dead you, hanging on a rope at the graduation pavilion.

Go for unpopular markets

There are many markets to stake your money on. Don’t rely on the leading European leagues. They have a tendency of failing you when you don’t expect. Look at Bayern Munich, lately. Go for amateur leagues in German and even England. They have good odds and often times they score a lot of goals. Go for ice hockey. But do your research first before you venture into these markets.

Don’t ever bet the intention of recovering your money

If you depend on this mantra you always be on betting for the same reason. This notion erodes rationality.

Sports gambling is not a job

Nature has it that people must work hard. The only person who worked hard is the owner of the gambling company. And they are always generous; they warn you to bet responsibly. Few make it big, it could be you but the probability is near zero. Get a job, make gambling a hobby.