Top Gambling Mistakes That You Should Avoid in Latin America| 22 July, 2020
It is not a new thing that Latin America is a place big on gambling. For the past several years, revenue from gambling–both land-based as well as online–has been steadily increasing, only further proving that people from Latin America love gambling. In fact, most countries in Latin America have started to revise their gambling law to adapt to the growing popularity of online gambling and to take advantage of the revenue that it will bring in.
Another proof of Latin America’s love of gambling is the continuous rise of new bookmakers in the region. Since they see that there is a huge demand for gambling in the region, they see it good to establish a bookie business on it. However, much as Latin Americans love gambling, it is also a proven fact that not all who love gambling are good at it. Some even fall victim to the most common mistakes you can do in gambling.
You can also find more betting tips on Nostrabet, as well as recommendations for the top and best bookmakers. Playing with the best and most recommended bookmakers is one of the best things you can do if you are to gamble online. These recommendations mean a lot of things, including: that these bookmakers are legitimate ones and can be trusted, and that they offer odds or betting opportunities that give you either more winnings or better chances at winning.
Here are some of the most common gambling mistakes that you should avoid.
Betting based on your emotions
This is one of the most common yet wrong practices of a newbie in gambling, if not the most common one. Betting based on your emotions is especially more dangerous and riskier when it comes to sports betting.
When you bet with your emotions, you would likely bet in favor of the team or player that you love or your support. However, the odds may not always say the same thing, and you would risk losing on your bet just because you failed to take in essential indicators into mind but rather used your emotions to place a bet.
Buying bets from someone else
In land-based casinos, these are random people who may slide into your presence and tell you that they have a winning bet and they would let you have it–but in exchange of a price. These people claim to have a bet that can make you lots of money, and they will often claim that your win on the bet they’re selling is a definite one.
Unfortunately, this also exists in online gambling through random people sending you messages or email saying the same thing. However, you can tell right off the bat that these offers are not true and have only one intention–to scam your money from you.
In the first place, if the bet that they have is a winning one, then it does not make sense that they would still sell it to a random stranger. If their bet would really win $500, don’t you think they would rather bet it themselves rather than sell it to you for $100 or $200?
Thus, be wary of these kinds of offers. Not only are they not real, but they aim to steal your money by making you believe that what they offer is a real deal.
Relying on a coin toss
Believe it or not, many gamblers rely their decision on betting to a coin toss. If it lands head, they will do this, and if it lands heads, they would do this one instead. There is nothing wrong with doing this from time to time, just for fun. However, making this your “strategy” is not something that you can rely on.
While it is true that gambling is mostly about luck and chance, there are ways you can increase your changes, and there are strategies you can do to increase the possibility of having a winning bet. Doing a coin toss to determine your best not only serves as a lazy gambler move but it takes away all your chances of making a smart bet–by doing so, you rely on 100% and thus increase your risk in gambling.
Follow Sounds and Colours: Facebook / Twitter / Instagram / Mixcloud / Soundcloud / Bandcamp
Subscribe to the Sounds and Colours Newsletter for regular updates, news and competitions bringing the best of Latin American culture direct to your Inbox.