Русский

简体中文

English

Overcoming Emotions in Online Sports Betting

Overcoming Emotions in Online Sports Betting

Last updated on November 8th, 2021


Emotional Betting in Sports Trading

 

Psychology reveals that we all have the capability to manipulate our minds when we consciously engage in certain habits. This is why many participants in online sports betting deliberately undertake habitual practices that can prevent their emotions to get the best of them.

 

The best sports bettors in the world are composed of individuals who are capable of setting their emotions aside when making betting decisions. So, if you want to become successful in online sports betting, maintaining a good balance is the key.

 

Sports Betting

 

Courtesy of eLearners

 

Online betting on sports requires one to be wise in money management. This is in relation to the fact that most people spend money without thinking about the financial implications of losing any bets.

 

To successfully attain an emotional balance, you might want to consider these things:

 

  • How much money can you afford to spend on betting?
  • How much do you plan to spend on a weekly or monthly basis?
  • What is the “regular” amount of money you will place on a standard bet?

How Much Are We Spending on Gambling?

 
 

gambling spending graph

 

Courtesy of Finder

 

The online betting industry has constantly been on a hot trend every year, leading the UK  sports bettors more engaged than ever. It is a clear indication that you have to change your bad betting habits if you don’t want to end up facing a financial dilemma.

gambling employee graph

 

Courtesy of Statista

 

Letting your emotions take over your sound judgment when participating in online sports betting will eventually result in failure or even potential bankruptcy.

 

If that happens, you may refer to these following articles:

 

Many people unconsciously resort to emotional sports betting. For instance, if your team successfully made it to the Super Bowl for the first time in history, it is almost impossible to not become driven by the desire to see them win the championship.

 

If you believe you can handle the emotion-evoking effects of sports betting, start trading the right way by logging into your sports betting account. You can also create an account if you still don’t have one yet.

Be one step ahead of your game by receiving our latest sports news and betting tips!
Recent Blogs

CONNECT WITH US:

MARCH MADNESS T&C

HOW TO JOIN

  1. Participants should have an active social media account. Social media platforms included in this program are as follows:
    1. Twitter
    2. Instagram
    3. VK
  2. To qualify, you must follow the mechanics required in ANY of these platforms:
    1. Twitter
      1. Participants must follow Vodds’ official Twitter account
      2. Like the tweet related to March Madness
      3. Quote retweet post with answer and hashtags #VOdds #marchmadness
    2. Instagram
      1. Participants must follow Vodds’ official Instagram account
      2. Like the post related to March Madness
      3. Share the post on story with answer and hashtags #VOdds #marchmadness
      4. Mention/Tag @vodds_official on your story
    3. VK
      1. Participants must follow Vodds’ official VK account
      2. Like the post related to March Madness
      3. Share the post on your profile with answer and hashtags #VOdds #marchmadness
  3. Other requirements:
    1. Shared posts (excluding stories) should not be deleted until the end of the campaign
    2. Social media accounts should be in public for post verification
  4. Winner selection
    1. Announcement of winners will be at 2 PM GMT+8
    2. There will be daily and grand prizes at the end of the campaign
    3. Daily winners will be draw randomly using https://wheelofnames.com/
    4. Participants can join as many times as they want but only 1 entry per day
    5. Entries accumulated during the campaign will be added and draw at the end of the campaign for the Grand Prize
    6. Confirmed winners will be contacted and will be requested to provide the ff.
      1. Full Name
      2. Email Address
      3. Mobile Number
      4. Country
      5. Payment Method (please see the list of available payment channels here)
  5. Prizes & Withdrawal guidelines
    1. 3 random winners will win 10 USD on daily games
    2. 3 random winners will win 50 USD on the final four stage
    3. A total of 200 USD will be awarded at the end of the campaign to the grand prize winner.
    4. Prizes will be added to your VOdds account and can be withdrawn after completing of the turnover requirements
  6. Other terms & conditions
    1. This offer is valid to new customers of VOdds and existing users who have not previously deposited and can be availed from the period of March 9 – April 5, 2022 only.
    2. You must have settled bets of up to 5X of the prize before your winnings and prizes become withdrawable.
    3. Prize will be converted to your VOdds account currency using xe.com rate.
    4. This offer only applies to bets placed via VOdds website. Bets that are placed using our API will not qualify for this offer.
    5. Bets placed on Positional Orders will not qualify.
    6. If the requirements for this offer have not been met within 30 days from your first deposit, the promotion will expire.
    7. All qualifying bets must be settled before the promotion’s expiry.
    8. If you cancel your bonus after you enter the promotion or before you complete the requirements, the offer shall be forfeited.
    9. This offer cannot be used in conjunction with any other offers. You can only have one active bonus at a time. VOdds reserves the right to limit the eligibility or cancel any offer to any customer.
    10. This offer is strictly limited to one per person, family, household address, email address, telephone number, same payment account number (e.g. SKRILL, NETELLER, etc), and shared computer (e.g. public library or workplace).
    11. In case of canceled, voided, rejected, or non-runner bets, stakes will be put back into the original wallets and wagering progress is reverted.
    12. If any terms of the offer are breached (or there is any evidence of multiple bets placed by a customer from any other promotional offer resulting in guaranteed customer profits regardless of the outcome), VOdds reserves the right to reclaim the bonus or void any bets funded by the promotion.
    13. These terms and conditions operate in conjunction with VOdds’ General Terms and Conditions.