What is your advice about betting?
Don't do it. After you gambling your money and win you feel god. it because your brain is full with dopamine. now you think this is very easy I can be Millionaire. but it is not true you may won one or two times but after you come to loose your money. so don't do it.

What do you need to consider when placing a bet?
Think how can I now pay my house rent if I loose my money. how can I provide food to my family if I loose. there is no easy money. go and work hard.