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Have you ever wanted to be a good gambler? Get started learning a new, potentially profitable, skill with this helpful guide to all things gambling.

What Differentiates a Good Gambler From a Terrible One?

Life is a game of luck. Every event in life has a fifty-fifty probability. And the hope of this luck turning in favour leads man to risk his possessions to gain something. Games of chances are famous from time immemorial. It can be fun indoor games like Ludo or betting in a horse race, or a big cricket match.

What is Gambling?

Gambling is staking something valuable with the hope of gaining something new and with a known risk of loss if the luck doesn’t turn in favour. Traditionally, in gambling, one generally stakes his money or belongings like property, house or jewellery with the chance of winning something greater.

There can be different areas of betting. The most prominent ones are:

  1. Sports Betting
  2. Pokies
  3. Online Gambling
  4. Scratch cards
  5. Lottery

History of Gambling?

Casino games are kept in an association with gambling. The accurate history of gambling is unknown, but it is believed that ancient China or Egypt started the game. With time, gambling has been evolving and organizing. Now from offline sources, gambling in the form of casinos is entering in mobile and other online forms.

The beginning of gambling is estimated to be divinatory. There was a time when man used to take on life decisions based on gambling, like casting marked sticks and stones to estimate the outcomes. There is a piece of significant evidence that a man keeps a large part of his life in leaving the complicated things as work of God. From these, the prevalence of gambling inside a man’s life can be related.

Today gambling holds a massive business in the world market and commercial entertainment activity. In 2009, An estimated $335 billion gambling market was revolving around the world. Sometimes gambling is also done without any money intent just for the fun of betting.

Current scenario of gambling?

Though gambling has been restricted in many places, it is still practised in several events like horse racing, animal fights etc.

What makes you a good gambler?

Experience: The only way to get better in any sport or game is to practise. Therefore, the more experience, the better you will have the chances of winning any bet. To achieve anything at the highest level, you have to put in the time and energy.

Paying heed to small details: Often, we miss out on minute details. Numbers and statistics play a great deal and should be kept in mind before placing the bet. Keeping track of more minor details gives an extra advantage to you over the other competitors.

Consistency: It’s better to invest money in smaller portions and different teams or games while maintaining your participation consistency. This way, your probability of winning dramatically improves. Also, don’t be afraid to bet a handsome amount if a good opportunity knocks on the door. But it’s always wise to think rationally and not be carried away by emotions.

Sportsman spirit: It’s imperative to have a sportsman’s spirit to become a good gambler. Loss or win is not permanent. Therefore, coping up with loss is an aspect a good gambler should possess. No matter how hard you try for the game, it is impossible to avoid loss. It shouldn’t stop you from being consistent and working towards your goal.

Go by your instinct: Our instinct, most of the time, guides us more than our minds could. In this game of luck, instincts can often lead us to our goal. Experts in their big matches revealed how their gut feeling saved the day for them.

Know your battlefield: Good gamblers always know their comfort zone and stick to it. With experience, you will understand your zone of expertise and try to ripen your mind in the same field. This will definitely make you the master in the particular area, boost your confidence and help you gather solid experience.

Signs that you are a terrible gambler and that you need practise and improvement.

  1. No mental stability: If the loss of a game leads to excessive psychological stress, you need to change your mindset towards the game. No game is worth your mental peace.
  2. Ruining personal relationships: If gambling makes you worsen relationships with family or forget values, it is not worth it to deal such time into it.
  3. Investing more significant amounts in curbing the losses made: This is often an instinct in gamblers to invest more to curb losses, leading to more losses. Investment should always be made part wise after looking for good opportunities.

Side effects of gambling

Gambling often leads to jeopardizing family and close relations. In addition, it may affect your personal life and your job life.

Too many investments and bets may lead to the loss of one personal property leading to bankruptcy. However, records show that even people with high wealth resources have faced the humility of bankruptcy.

Recurrent losses often lead to disturbed mental health and depression.

Gambling can become highly addictive, and any kind of addiction is not appreciated. Addiction leads to loss of personality and property.

People are often forced into criminal activities from gambling events. A big chain of illegal activities is found to be linked with gambling at some point or other.

Involvement in gambling leads to loss of fair play in sports. For example, Gamblers bribing players for the urge of winning leads to cheats and fraud that is a severe criminal offence.

Other health problems that can arise are schizophrenia, bipolar disorder, mood disorder and alcohol dependence.

Conclusion:

Gambling is now not based only on pure luck; these days, make strategies and keep track of data to win. They practise thoroughly through the process and make sure not to make the same mistakes again and again. Facts like close mapping of players, study regularly about outcomes and making a note of small details makes a good gambler differentiated from a terrible one.

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