One of the most popular misconceptions about sports betting, or any forms of gambling, is that it is only the losers that have problems as a consequence of their betting activities. Nothing could be farther from the truth. Whereas those who lose money have a different set of problems which arise from financial concerns, many sports bettors, include those who break even or even earn a profit, will find their sports betting to be a disruptive force in their family life.
A main reason is the amount of time sports betting occupies a person. This does not mean handicapping the games, or the process where a person makes their wagers, which is where a bettor should spend the most time, but instead often involves watching the games on television all night. When that is done daily, it is easy to see how one’s spouse can become a little upset.
One of the things a lot of sports bettors have to admit is that whether they watch the game on TV or not will have no bearing on the final result.
It is not as though the Lakers will call a timeout and say, “Well, Bob turned the television off so there is no point in trying anymore.”
The final score is the same, regardless if you get it online immediately after the contest, from watching ESPN, or from the morning paper. You do not need to spend every night staying glued to the TV or in front of the computer. Spend a night or two off with your family or friends. You will all feel better about it.
Hiding Your Betting
We are constantly surprised by the number of people who hide their sports gambling activities from their spouse. Such an act is a disaster waiting to occur and in many cases the bettor will eventually lose much more than their sports bets. They will lose their family as well.
A person who hides their sports betting from their spouse is usually doing so because the spouse believes they can not afford to lose the money that is bet. If that is the case, the bettors need to ask themselves if they are gambling too much or if they should even be betting at all. If bettors realize they should not be betting, but can’t help themselves, then it is time to consider getting help with their betting habit. I am not an expert on compulsive gambling, but I do know enough to realize some of the symptoms, and betting when you know you should not is certainly one of them.
Looking to Get Rich
Another avenue in which sports bettors intend to lose perspective is in the size of their bets. Far too a lot of bettors are constantly gambling more than should be, even though the proliferation of online sportsbooks has helped to some extent, as bettors may only bet the amount of money they have in their account.
Those wagering on credit through an illegal bookie are more prone to betting excessive amounts, particularly in the beginning of a new week, as they believe they have 5 or 6 days to get even if they lose money. Bettors who make $200 bets will often find themselves wagering $500 or more on a game when the new week starts, which again, is a disaster in the works.
One advice sports bettors need to pay attention to is Lem Banker’s saying, “Bet not what you want to win, but what you can afford to lose.” That goes hand in hand with another piece of good advice, which says if your sports gambling winnings or losing will change the quality of your lifestyle, you are probably gambling too much.
Many sports bettors do not realize that if they are betting on a game for entertaining purposes, it can be just as fun with a $20 bet on a game as it is with a $400 bet. The difference is a bit less anxiety, and if a bettor really needs that anxiety, they probably should not be betting in the first place.
What Sports Betting Should Be
The primary reason a person should wager on sports is for enjoyment. If they make a bit of money at the same time, that is great, but the amount of people who will show a long run profit in sports betting is very small.
For a lot of people, sports gambling is essentially a hobby and something they do because they enjoy watching an occasional game with a few dollars bet on the outcome. If they lose, that is fine with them, since just about every hobby costs money. These are the kind of people who probably get more from sports gambling than anyone else, even those few people who make a living from it. Hopefully, you fall into this category.
It is when sports betting starts to take on added importance in a person’s life that they should be aware of what will happen and realize that they may have gambling problems. If sports betting is causing problems in a person’s personal life, it is time to make a change and if a person is incapable of changing on their own, perhaps it is time to do so with some help.