You can make a bit of extra cash if you start gambling, but you can also lose a lot. Many people have ruined their lives through gambling, so if you’re starting out to have a bit of fun, you need to make sure you have everything under control and you know how everything works.  Screen Shot 2017-10-02 at 18.49.55

  • Don’t be too ambitious

Many problems can occur when you start being too ambitious with gambling, such as betting on many horses all at the same time or betting too much money on a horse that probably won’t win. Everybody wants to bet a small amount and win a fortune, but this simply isn’t realistic and there’s a higher chance you’ll die of a heart attack from your alarm clock than you’ll become a millionaire through gambling. Be realistic – don’t expect to win millions and you won’t be disappointed.

  • Decide what you want to try

If you have quite a bit of spare cash that you’re willing to gamble with, you can try out a few different things. If you’re limited, though, you should decide on one or two things that you want to try this time. You can always try different things next time if it didn’t work out for you. You might want to bet on the Triple Crown race or another famous event that is coming up, or you can pay a visit to your local casino and try blackjack or poker. If you want to bet on horse races, choose the most famous events as these are often very exciting.

  • Beginner’s luck is a real thing

Nobody is quite sure why, but when people start gambling, they usually do quite well for themselves. However, this luck will eventually run out, so knowing that you might not always be this lucky is very important.

  • Don’t gamble while drunk

Although most casinos and racing grounds have bars and pubs where you can get yourself as many drinks as you like, you should avoid drinking too much if you’re planning on gambling. We’re all likely to spend more money when we’re intoxicated, and you don’t want to wake up the next day to find you’ve gambling away more money than you can afford.

  • Learn the rules first

Rather than showing up at a racing event and starting to bet on different horses and jockeys, take the time to learn some rules beforehand. You’ll be able to find out about the different types of bets that you can place, which will make it easier to decide what you want to bet on and the risks you want to take.

  • Go with sensible friends

Don’t start gambling with people who don’t really care about how much money they spend or are addicted to regular gambling. If you gamble when accompanied by sensible people, you’re more likely to make better decisions and not be influenced to do stupid things.

  • Know when to stop

The more you gamble, the more you’ll want to gamble. However, with more experience, you’ll also learn when you need to stop. Don’t let greed take over, or you’ll keep on going and end up losing the money that you’ve been lucky enough to win.

  • Don’t gamble online

Many games online are fixed, making it easy to ever make a decent amount of money when using apps and websites. Real-life gambling is much more likely to be all about luck, so it works more in your favour most of the time.