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Betting: Betting: Myths & Facts
Betting: Betting: Myths & Facts
Updated over 4 months ago

There are tons of myths when it comes to gambling but there’s one thing they all have in common. They’re all fictional.

Our best tip? Don’t believe them.

We took five of the most popular myths and checked what’s really behind them.

Myth #1: When I lose, I should raise the stakes to compensate my lost money with the next win.
Nope, complete nonsense! If you do that, you’re likely to lose even more. Chasing losses leads to bigger losses in the long run.

Myth #2: Gambling is an easy way to make money.
If gambling was easy, we’d all be doing it and gambling companies would have gone bankrupt a long time ago.

Myth #3: With the right system, I’ll always win.
There is no such system. Luck or chance plays a huge role in the outcome and there is no system that can guarantee a profit.

Myth #4: Gambling is fun, so when I’m down I place a bet to lift my spirits.
Sure, gambling can be fun – but only when enjoyed responsibly – you should never gamble to make you feel better. If you’re feeling down, a quick workout or a chat with friends is much more effective.

Myth #5: Only problem gamblers need limits.
Limits are for everyone. It’s easy to lose track of time or money when you’re in the middle of an exciting session. Setting limits helps you stay in control.

Don’t trust any myths when it comes to gambling. It’s fun, it’s entertaining, but it’s not a way of earning guaranteed income!

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