Gambling is a free world, it’s where appetite for spending is high and emotions are high as well. However, setting aside monthly budget is the most ideal thing for any bettor. While majority of us spend substantial amount of money on betting, it’s recommended that we have a budget for this.
From statistics point of view, a normal human being has to eat, dress, have a roof and of course do miscellaneous spending. All these activities need money. In common occasions,80% of the budget caterers for the aforementioned spending and the rest remains for other uses.As a gambler, that’s part of the money you dedicate for betting.
Assuming your monthly income is Ksh 50, 000, you’ll remain with Ksh 10,000 after spending on basic necessities. Out of the Ksh 10, 000,you should save at least 3 quarter of the money .i.e Ksh 7,500 and remain with Ksh 2,500 to spend on gambling.
The common practice among experienced gamblers is, save before you spend and after your gambling budget is exhausted, pause.
I bet each month and in a week, I have to bet at most 5 times. When I place my bets, I ensure I don’t overspend—I always spend less than Ksh 1,000 per day.If I place a bet of Ksh 1,000 and unfortunately I lose,I stop there and wait until another day.
Gambling is for leisure and it’s not recommended that you spend all your money on a bet even if you are 100% sure the match will result as per your predictions. For instance, Real Madrid was playing at home against CSKA Moscow, one of my friends suggested that we place a bet of Ksh 20,000 for Real Madrid. I told him not to do so because in football anything can happen. He went ahead and placed a bet. Real Madrid lost 0-3 to the visitors and my friend is in tears. If he were clever, he could have placed 4 bets each with Ksh 5,000 and at the end of the day
If you aspire to bet for long, avoid overspending and moderate yourself. In a month the best budget is Ksh 5,000 and when the money is exhausted, just rest.
We always recommend that you place single bets and when you do so, the pain of losing will be less and betting longevity will be extended.In single bets,some teams will lose and others will win,thus ensuring your investment does not sink.That way, you’ll find yourself enjoying the game more than you could have thought.
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