how much to bet
The average amount of money a player risk is really their business. A gambler who makes [$150,000.00] a year probably has access to a bigger bankroll. Plus their average bet size is many times that of the average gambler making [$25,000.00] a year. Despite the outcome, both players must be taking the same approach to gambling. The approach is being at ease with the amount they are betting. Individuals understand that they shouldn’t risk more than they’re willing to lose and using the funds stashed away to pay the bills puts a person on the road to financial ruin. However, wagering amounts that players feel at ease with whether they win or lose is a disciplined skill learned by those who’ve had a losing streak or two.
When a player wins a large amount of money, they naturally assume that its “easy” to win and begin slipping in their discipline. When a player loses a larger amount than they intended, their first reaction is to try and recoup their loses. It’s rare that a player will begin to win after a losing streak. However, it can happen unexpectedly but not usually. Emotionalism about gambling should be avoided if a player wants to shun the highs and lows that comes with gambling. We assume it’s hard earned, but that’s for another article.
What a gambler needs to do is condition themselves to not over react to winning or losing. It’s not that they must turn into a sphinx, the point is to “grin and bear it” regardless of the outcome. Winning puts a player on too much of a high, leaving them unprepared for the next inevitable loss. Losing is all part of the game and should be taken in its stride.
Each player has their own distinctive gambling level. What they bet is strictly a matter of how much they believe in their luck. Of course, there are strategies and techniques that players employ when betting. But eventually how much to bet can only be decided by the one doing the betting. If gamblers want to go by the book, they shouldn’t bet more than 2% of their bankroll. It may be restrictive, but in the end it may keep a player’s head above water and stop the onslaught of continuous losing streaks which hits every player when they don’t know when to quit.
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