Gambling Do's & Don'ts
One of the most common mistakes in Betting is that the customer or gambler hasn't thought their bet through. The odds are always set in the bookmakers favour and bets that are rushed are usually end up in a loss.

DONT's
Chasing losses
This is a huge problem for many gamblers.  Everyone has bad days from time to time, what's important is that you stick to betting on the right things - save your money and wait for the right opportunities. 

This is one reason that its important that you never lose too much in a day, as this can make you more desperate.Trying to find that one big bet to get you out of trouble is not a good strategy. The best way to recover is take a break, learn from the mistakes that made you lose in the first place, and then try to claw the money back with a series of smart, well planned and small bets.

Changing your staking plans
One of the sure fire ways to lose all your money is to increase your stakes if you win. Everyone goes through a day when everything loses that day, so if you're betting all your pot in a day then you will get wiped out from time to time.

If you are going to up your stakes then the best way to do it is when you set your monthly budget. 

If you have had a good month the previous month then maybe you can set a slightly larger budgets levels next months.

Betting on things you don't understand
If you don't understand a sport or a bet and you haven't researched it then don't bet on it.  Its not as fun and you're far more likely to lose.

Being Greedy
Being greedy is not the way to be successful. Keep your bets realistic.

The bookies are experts in coming up with new and interesting markets for you to bet on, however most of these are devised so they can make some good money out of you by coming up with bets that are a bit more complex and hence its not so easy to spot that the odds offered are terrible value.

Betting at bad odds
The difference between the odds offered by bookmakers can be substantial - as much as 50% and regularly 20%. So if you're not getting the best odds when you do win then you are going to need more winners to make the same money - that cant be good.

Betting what you cant afford to lose
This is a difficult area as the thrill of betting is the element of risk so if you bet very low stakes then it really isn't going to be much different to not betting at all.

However the key is that you must be prepared for every bet you make to be a loser and if this happens then while you may be disappointed it should not be a serious issue.