Another tip is to not compare yourself with another gambler. In sports betting you may see another bettor who has staked $1000 while you can only stake $100. If you'll be hurting yourself of you compare yourself with him. If will lead to irresponsible gambling. Never compare yourself with another bettor.
Comparing yourself with someone else with a much bigger account balance than yours would only hurt you. Asides gambling, it’s not worth it to compare yourself with someone else as you’ll be moved to imitate the actions and behaviors of that person at the huge cost of your financial health.
It would also lead to irresponsible gambling as, in a bid to match and possibly outdo the person being imitated, you might end up spending more and gambling more than you ever bargained.