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[QUOTE="WhiskeyFix, post: 7289628, member: 375873"]
[B][SIZE=5]I'll use how I Sports bet as an example[/SIZE][/B]

[I][SIZE=5]Try to set side money for your sportsbetting/poker bankroll and don't dip into money that you need for rent & phone bills, electricity etc. Keep money for bills separate from your bankroll.[/SIZE][/I]

[B]Set aside a bankroll to play with (multiple books, 7 x 100 = $700)[/B]
[I]-Bet 2-10% (anywhere from toonies to $10 bets, increase if you double your bankroll)
- Stay within a certain limit, don't be impulsive[/I]
[B][SIZE=5]- Keep track of winnings & losses to track accurate progress on an excel sheet, black book or pencil & paper[/SIZE][/B]
-[B] Don't only count your wins - seeing losses helps you fix leaks (sportsbetting leaks for example for me would be poor UFC betting, so I don't & just enjoy watching the fights, they're so unpredictable with injuries etc. Same with boxing. a lot of them go into fights with injuries from training camp etc)
- Reward yourself for wins & celebrate! It's exciting winning bets - take losses as a learning lesson. [/B]
[I]- Always hedge your bets to try to make a profit. (Bet an underdog at + money & live bet them if they take an early lead)[/I]
[/QUOTE]

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