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Do’s and Don’ts of Sports Betting Online

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The thrill of victory; the agony of defeat. We’re sure we don’t have to ask which one you prefer. If you like to watch your favorite team play, consider combining your love of sports with the high-adrenaline rush of a big gambling win.

Where there are sports, there’s sports betting online, and tons of quality, legitimate sites that offer signing bonuses and more betting options than you could ever imagine. Here are the top recommend NBA betting websites. While you might be pumped and ready to jump on that opportunity, cool your heels a moment and consider the fact that what you don’t know can hurt you when it comes to sports betting on the web. Before you go and spend all your cold, hard cash, consider these dos and don’ts.

Do your homework

The best thing you can do before investing your money in this kind of endeavor is to get in a little (or a lot of) reading. There is plenty of information on the web you can use to educate yourself on the ins and outs of sports betting online; from the basics you’d find on Wikipedia to the more involved internet forums, where bettors from all over the country – indeed, all over the world – meet and discuss odds, strategies, bonuses, real money casinos at EasyMobileCasino.com and the best (as well as the worst) betting sites out there.

It’s also important to familiarize yourself with the terminology and jargon associated with sports betting. If you’re not sure what the words action, spread, handicap and money line refer to, find out before you find yourself in a compromising a situation.

Don’t be hasty

If you’ve done your research you are better equipped than some, but you should continue to be wary of getting involved with just any betting site, especially the ones that you haven’t verified as valid and legal. How to verify? Check the online forums (better yet, join and ask your comrades for their interchangeable input – you’re in this together, after all!) or check out sites like onlinesportsbetting.net, where you get side-by-side reviews and the assurance of legitimacy.

Don’t be foolish with your money

This is, perhaps, most important of all. Becoming careless with your money is a surefire way to end up in a financial hole, regardless of how much you start with. On what I have read at daisyslots guide this warning is one of the most common mistake gamblers are not being aware of. Do yourself a favor: set a budget, keep track of what you spend and what you make with a spreadsheet; seeing it all in one place will help you put your financial situation in perspective and potentially keep you from overspending. But above all, stick to your budget; if you don’t think you can manage controlling the urge to overspend, you should seek professional help.

Do take advantage of the best bonuses

Sign-up bonuses are, without a doubt, the most valuable advantage of online betting, as opposed to Goldenslot casino and sports betting. Most valid betting sites offer best payment methods for online betting, in addition to bonuses, and in some cases, sites are gauged in legitimacy by how advantageous the bonus. Expect offers like matched percentage of your deposit or a flat-rate bonus, where you receive a few hundred dollars upon signing (the amount will vary by site). In some cases, these bonuses will even “rollover” up to five or six times, maximizing the value to you in order to gain your trust and loyalty.

Never chase your losses

In the same vein as keeping a tight rein on your deposits and overall budget, if you lose big once, don’t throw even more money at another bet hoping for redemption. Chances are good that you won’t, and this behavior the start of a vicious cycle. At the same time, a big win shouldn’t inspire you to throw a huge sum at another bet. Is it exciting? Of course! Don’t act on impulse, though. Again: keep a cool head and you will come out on top.

Brent Grenshaw is a contributing writer. He has been sports betting since he turned 21 and is working on a guide to gambling and the probabilities.

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Guest Writers are contributors to Scotzine, but not on a regular basis unlike some of our other writers. If you wish to become a Guest Writer on Scotzine, please email us at editor [at] scotzine [dot] com

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