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      California Business Journal

      How to Set Yourself Up as a New Gambler

      The key to getting off to the best possible start is to not overthink things, and not go for the big, complicated betting markets.

      by California Business Journal Editorial Staff
      A A
      Edinburgh Festival 2011. Tim FitzHigham, star of his one-man standup show 'The Gambler'. 23rd August 2011. Picture by JANE BARLOW

      Edinburgh Festival 2011. Tim FitzHigham, star of his one-man standup show 'The Gambler'. 23rd August 2011. Picture by JANE BARLOW

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      Gambling is a fun pastime that millions of people around the world enjoy. Things may look a little daunting to newcomers, but there is nothing to be worried about.

      The world of gambling can be as complex or as simple as you want it to be. The key to getting off to the best possible start is to not overthink things, and not go for the big, complicated betting markets.

      This will only lead to losses and setting yourself up properly is all about gaining confidence, not losing it.

      So, if you are turning to gambling for the very first time, enough of what you shouldn’t do and what about what you should do?

      We have three tips right here for you, follow these and you will lay the correct foundations to make your sports betting a success in the future.

      Choose Your Bookmaker Carefully

      The first decision you need to make is where you are going to bet. Many bookmakers offer strong services, look for one that caters to your needs personally, as each has slightly different positives and negatives attached.

      When you select a bookmaker, make sure you take advantage of a free bet offer, which you can use and win real money to help build the start of your betting pot that you will use moving forward.

      Look for a bookmaker that offers competitive odds, the betting lines that you want to use and other elements such as good payment methods, and customer support on hand should you need it.

      Also think about how you bet, both in terms of the time you are going to bet and what platform you are going to use.

      Will you be placing your bets using a computer at home or will you be out at work for example, and need a mobile betting app to place your bets?

      Have a Betting Plan

      Like anything in life, don’t approach betting without a plan. Whether you are thinking about your future, an element of business or your betting, create a plan and stick to it.

      The plan you create should cover many aspects of betting including what sports you are going to bet on, the bet types you will place and the stakes you are going to use.

      This should all bring some kind of structure to your betting, which is vital in the early stages. A scattergun approach will not work, try and remain focused on one or two specific areas, rather than spreading your money around.

      Many gamblers struggle with this aspect of betting, but if you can get things under control from an early stage then it becomes a lot easier for you to control it moving forward.

      Focus on the Long Game

      Want to know what the biggest tip to new gamblers is? This one, focusing on the long game. Betting is exactly that, and if you begin to look at the short term then you are only going to get yourself in trouble.

      Keeping a record of your bets is a good idea, and this will help you focus on the bigger picture, so that is recommended for new players.

      What you don’t want to ever do is try and win back your losses, because you are looking at the smaller picture.

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      For example, if you are losing over a weekend, don’t try and win it back over the same weekend. Rather than that, which will lead to you betting on things for the sake of trying to pull back losses, take a step back and regroup, betting when you are a ready, not because you feel you need to.

      Get this right and focus on the long game if you want to have success.

       

      Tags: focusGamblingHow to Set Yourself Up as a New Gamblersports betting
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      California Business Journal Editorial Staff

      California Business Journal Editorial Staff

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