Big bets and big wins generate loads of excitement, but the disappointment of losing is distressing. So it makes sense to come into a wagering environment with a clear head and a bankroll that you’re prepared to lose.

The trick to successful gambling lies in knowing your limits. And of course you have to able to walk away – win or lose.

How to play it

The best way to approach a gambling session is with a budget. Whatever you are prepared to lose is what you can afford to gamble with – no more. That’s the short and sweet of it. Gambling must be viewed as entertainment, not as a way to generate cash. If the overall online gambling experience is enjoyable, that’s what matters most.

Try not to deviate from your budget. Use only what you can afford to lose and you’ll be okay. If you win on your allotted bankroll, play off your winnings. But never exceed your budget. It’s easy to determine your budget. First off, pay off your monthly debts and pay for necessities. If an entertainment budget is left over for gambling that’s how to find it.

Tips

• Know your game
• Set a limit
• Gamble within your limit
• Use only money you are willing to lose
• Don’t borrow money to gamble with