Gambling can be enjoyable and lucrative, but most of us simply don’t have the time, talent and money to really win big. If you’re thinking of having a punt then make sure you follow these tips to ensure your gambling doesn’t get out of hand.
Only gamble if it’s fun. If you find yourself enjoying gambling less and less then it’s a good indication that it’s time to stop. For most of us, gambling is a leisure activity to be enjoyed so if you’re not having fun then give it up.
Be prepared to lose. Gambling is entertainment so when deciding what to bet think about what you would be willing to pay for a few hours out on the town and stick to that budget, that way if you’re not successful you’ll only have lost as much as you’d be prepared to pay on a night out.
Set your limits. Before you place a bet make sure you’ve decided the limit you are willing to go to and stick to it. Don’t be tempted to spend more than your limit as this is the perfect way to run into trouble and lose a lot of money.
Time yourself. If you’re playing online make sure to limit the amount of time you play for as in most cases, the longer you play the more money you could lose. When you set a limit you won’t be tempted to carry on gambling and lose any money you’ve already made.
Be prepared to lose. If you can’t stand to lose then gambling isn’t for you, because the only way to become a great gambler is to lose to the best and learn from your mistakes. If you can’t bear losing then you’re unlikely to ever become a big winner.
Never borrow money. If you find yourself borrowing money to gamble then it’s probably time to quit. Borrowing money is a slippery slope that could see you losing the money you don’t even have in the first place and landing yourself in hot water.
Don’t let gambling take over. If you find that gambling seems to be taking over your life and you’re missing out on time with family and friends or skipping work to do it, then it’s time to call it quits or you could end up losing a lot more than money.
Don’t use gambling as a crutch. Gambling to deal with emotional pain like a break up will only make the problem worse as you won’t be dealing with the real issues. If you’re suffering emotionally then seek alternative help and don’t look at gambling as a way of making you happier.