Posted:
#101
Never ever bet on credit. Even before you begin you're risking money you don't have, if you did have it you'd be betting with it. How can anyone make good decisions while having the thought in your mind that 'If these don't win i'm f'd' is beyond me.
You need a bankroll, money set aside that you can afford to lose without affecting your day to day life and the bills you have to meet every month. Then with that bankroll risk no more than 5% of it at a time, at the very most 10%.
You'll never win long-term without having a 'betting bank' and then managing that bankroll to limit exposure to variance.
I hope it all works out for you, but next time save some money between now and next season and then play with that, risking 5% at a time.
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