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bet regret avoidance

7 Proven Strategies To Avoid Bet Regret

Bet regret avoidance should be on the top of your list any time you’re gambling.

Let’s face it, making a bet you know in your heart of hearts you shouldn’t have made is always a bit crushing. But we also know it’s all too easy to get caught up in the thrill of having a flutter too.

So we’re going to take you through some tried-and-tested strategies you can use to make sure bet regret isn’t something you have to worry about.

1. Set a budget and stick to it

You know we’re all about gambling budgets. Whether you like to play poker, bet on sports or play in the casino, setting your budget is one of the most important things you can do. Because win or lose, every bet you place that you can’t afford is a bad one.

2. Embrace mindful gambling

Mindless gambling is just plain dumb. So let’s get mindful about gambling instead so you can avoid impulsive decisions driven by emotions. Take a few deep breaths before placing a bet. Check in with yourself. Ask if it aligns with your budget and your long-term goals. Don’t chase losses or try to recoup past wagers. Remember, you should be gambling for fun, not to make money.

3. Limit your gambling time

Set a time limit for every gambling session you settle down into. Not only will this safeguard your bankroll, but it also helps maintain a healthy balance between gambling and the rest of your life. Another great thing to do is have set times during the week where you simply don’t gamble. To make this easier online, set up a custom time out to suit your schedule.

4. Stay away from alcohol and drugs

There’s no way drinking and drug taking mixes well with gambling. It leads to sloppy, decisions because intoxication impairs your judgements. If you’re under the influence while betting, you’re more likely to be impulsive and suffer from bet regret.

5. Conduct a little research

Knowledge is power in the world of gambling. Before placing your bets, do your research on the event, sport or game you’re betting on. Understanding the odds and having a sound strategy reduces makes life easier on your quest for bet regret avoidance.

6. Talk to friends and family

Keep your family and friends in the loop about how much time and money you spend betting. Not only can they give you some valuable insights, they can also hold you accountable and make sure you’re gambling responsible. We don’t mean they’ll be breathing down your neck or anything. But the more open you are, the easier it will be to stick to your predetermined decisions and that’ll all help with bet regret avoidance.

7. Celebrate wins responsibly

It’s always nice to win when you bet. But you definitely shouldn’t splurge on extravagant purchases or put the money straight back into gambling. Instead, why not leave it a while before you decide what to do with the money. Putting it into savings or spending it on non-gambling stuff might be just the ticket instead.

Problem gambling information and resources

However, if you think you’re a gambling addict, all bets should be avoided. Consider self-exclusion from all online gambling sites and get support to stop for good. You can get help from organisations such as Be Gamble Aware. They can help you find the right support for you and can give you lots of resources.

Here are some other responsible gambling articles you might find helpful:

ChristineO

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