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New York — you made it!
Welcome to the mobile betting community, and what a first week it’s been. From nearly the greatest tie in both NFL and betting history to the end of sorry seasons for the Jets and Giants (and the QB sneak heard ’round the world) to Kyrie Irving’s return to the court, the first week set the stage for what should be an eventful 2022.
So, what should the people of New York expect now that mobile wagering is legalized? Expect a rat race between these sportsbooks. Each book is fighting for the customer and the customer’s money — it’s just the truth. Advertisements will be even more apparent, and notifications about current offerings will flood mobile phones. It’s normal to feel overwhelmed by the various mobile betting options. Each sportsbook has offered competitive first-time signup offers.
So, what do you do? Whether in New York or any of the other states that recently added legal mobile betting, here are some tips to get you going:
Start off slow
Bettors can get overly excited after their first win (which is normal) and start placing large sums of money on games. It’s a marathon, not a sprint. Take time to get comfortable navigating the sportsbook apps and learning the best ways to bet. Each sportsbook app is different from the next one, so make sure you are betting what you want and on the correct side. “All bets are action,” and you usually get only one refund from a mistake.
Bankroll management
It is extremely important to set a manageable bankroll. Betting should never be one’s source of income, unless you become a professional. One common mistake is being overly confident and then resorting to doubling down to try to make up for lost money. Also known as chasing, this is never a smart option in any gambling space. Even professional bettors rarely hold a winning percentage higher than 55%, which means the common bettor is more likely to lose than win. You have to hit 52.8% to be profitable, and that is not easy. Be cautious.
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Source : espn
