How Not to Lose Your Money in Betting
It is not difficult to predict that 80% of gamblers in the casinos would lose their money. The reason is – they don’t bet properly. They are doing wrong bets or no bets at all, these are the main reasons for losing money.
Let’s take a look at what will be better in terms of successful playing – Free Bets or Fixed Odds? What are the differences between them?
Free Bets are bets when your winnings depend on how much you bet, for example, on n1-bet.com, while Fixed Odds contain a fixed amount which doesn’t change when you place your bet. Let’s take an example with 1 euro stakes and 4 different odds – 2/1, 5/2, 3/1, 4/1.
2/1 – for every euro you will get 2 euros back if you win, so the total sum is 3 euros
5/2 – for every euro bet you will get 5 euros back if you win, so the total amount of your winnings will be 6 euros
3/1 – for every euro bet you will get 3 euros back if you win, so the total amount of your winnings will be 4.50 euros
4/1 – for every euro bet you will get 4.50 euros back if you win, so the total amount of your winnings will be 6.
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As it can be seen from this example Fixed Odds are better than Free Bets because they give bigger returns on investment.
Some gamblers claim that it is possible to lose only small amounts in Fixed Odds than Free Bets. Is it true? Let’s take a look at the graph which will give us an idea of how large losses can be when you place bets via Free Bets.
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The graph shows us how much money was lost while playing with different amounts (from €1 up to €100). As we can see from this example if a player plays with 1 euro stakes his loss could be a maximum of €4, but if he raises the stake limit to 2 euros maximum loss increases up to €20! This means that the higher amount of bet placed, the larger sum of money you can lose. So it would be better not to play high sums via Free Bets.
Of course, before placing bets you should check the bookmaker’s offer and if your bet is placed via Free Bets don’t place high sums or you will probably lose much more than in Fixed Odds.
Don’t forget that it is useless to play when you are very angry at something. Try to control yourself and take advantage of gambling games – they could be good stress relievers!