Before we get into the detail of how to use BetFair, let's stop and cover some of the basics of online gaming in general. These are very important points, and ones that could really help keep you safe when betting online.
1. Only bet money you can afford to lose
Rule number one, and the most important of all of them. Never bet your last pound on something, only disaster awaits. Nothing is so exciting as to want to miss your rent, social events or mortgage payments for. |
2. Separate your float from your day to day expenditure
Get a Skrill e-wallet immediately. Deposit an amount you're comfortable not seeing for a while and do all your betting from that account. Separating your float from your day-to-day life is something you'll not regret. |
3. Learn the terminology
The world of online betting is full of terminology, almost a new language. Check out a betting dictionary so you know what you're doing before you depost, or at least look things up when you don't understand! |
4. Don't expect overnight success
Be sensible and you can, and will, earn extra money from betting online. It's not going to let you retire, but it'll be a useful amount. The chances are you'll make some mistakes along the way. That's fine. Make sure you can identify why it went wrong, learn from that mistake, and ensure it doesn't happen again. |
5. Know when to quit
Up or down, stop at the right time. Easier said than done of course, not being able to do that is how casino's tend to make their money. Set a target and stick to it. If you hit it, walk away happy that you've achieved your goal. |
6. Find someone that's done it before
There are more bookmakers out there than BetFair, so before you get involved with any of them, find someone that's done them all before. Try www.thegamblingtimes.com. The reviews are useful, most of the forum is free and it's all friendly. |