1. Don't bet all your money on one bet.
I don`t place all my money on one bet. It is important to spread your bet as this is a crucial strategy in betting that helps to reduce risk and increase the likelihood of earning consistent returns. Spreading bets can help reduce the impact of losses, as winning some bets can offset losing others. It can also increase the chances of winning, as you have more opportunities to make correct predictions. Furthermore, not betting all your on one bet can make gambling more enjoyable and less stressful, as you are not relying on a single outcome to determine your success.
4. Don't bet every day.
I don’t gamble every day. Gambling involves risking money with uncertain outcomes. The more frequently you gamble, the higher the likelihood of financial losses accumulating over time. Gambling can be time-consuming, especially when done regularly. Spending too much time gambling can detract from other important aspects of life, such as work, relationships, and personal hobbies. Taking breaks from gambling ensures that you allocate your time more effectively and maintain a healthy balance in life.
If they already are allocating 5-10% of their compensation for gambling, whether they lose every day or not, it is the same amount of loss. It's still an option, they can bet every day or not but if the chances of winning huge are to be expected they can do it every day.
1. Don't bet all your money on one bet.
It's a no-go ffor this one. But I'm sure everyone has been tested on this already. A main event in sports is usually where I could go all in where there is a big difference between the teams or athletes say boxing. It's usually a rare fight like Francis Ngannou vs Anthony Joshua is something I could wage bigger than usual or maybe even all.