Tag Archive: money management

Back in the day, betting was simply placing your wager and then having to wait until the end to see the final result. But thanks to ever-evolving technology, today you can place bets throughout the gameplay. This adds an even more exciting option to the whole idea of sports betting. As the game ebbs and flows, you can adjust your bets, as well as their amounts, in the hope of landing some tasty winnings. But beware of some basic mistakes that many excited gamblers make in the heat of the action.

Chinese people really love to gamble. Watching them in any casino, and there appears to be something obsessive about their behaviour. So it's no surprise that they rely so heavily on Chinese lucky charms whenever they place a wager. These objects that are imbibed with some sort of winning characteristics are an essential element of gambling for the Chinese. Being very superstitious in their everyday lives, then to see them using all sorts of objects in the casino whilst gaming is only natural.

With the advent of live betting, having a flutter just got a lot more exciting. The fact that you can follow the flow of a game and then try and predict the over all result can make the whole viewing experience that much more dramatic and intense.

For a lot of gamblers, bad money management means that losses hit harder than wins. They will tell you that there's a more intense emotional value to a loss. If, for example, you lost $1,000 last night, it's going to make the next day a misery. You'll be constantly asking yourself how did you let it happen. Yet, conversely, if you'd won $1,000, you'd be happy, but not really showing any emotion, or really giving it much thought. It's as if the emotion of a loss is heavier than that of a win.