ALWAYS bet the same amount on every event you bet on. As an example, say you are faced with three sets of soccer games to bet on, Barcelona versus Osasuna, Manchester United versus Arsenal Fc and Real Madrid versus Atletico Madrid, without much thought, the largest bet would most likely be placed on Barcelona, quickly followed by Real Madrid and finally Manchester United. A quick explanation of this betting choice would show the bets to have been placed based on the level of confidence one has in the individual teams, based on past records and outings. Meaning the average sports gambler would put more money on the team he is most confident in, followed by the one he has a certain level of confidence in, that may not be as high as the first and so on. This rule encourages that you abandon that mindset. A scenario that occurs way more than expected is one in which the “best” pick of the day, turns out to be terribly wrong. An unforeseen substitution or injury changes the entire dynamic of the game, leading to results hilariously opposite from that which was predicted. To put this more into perspective, imagine a scenario where Henry bets $500 on Barcelona versus Osasuna, $250 on Real Madrid versus Atletico Madrid and $150 on Manchester United versus Arsenal football club and another sports gambler, Micheal, bets on the same three individual games, but goes in line with the rule and bets $300 all through. Now, both parties have each bet $900. Let’s go a bit further and assume that at the end of the games, in a surprising twist, Barcelona suffers a loss to Osasuna, while the other two games go as expected with Real Madrid winning and Manchester United winning as well, at the end of the day, Micheal comes out on top. They both now have a winning percentage with two wins to one loss, but for Henry, he has lost $100 ($250 + $150 - $500) while Michael, on the other hand, has gained $300 ($300 +$300 - $300). The only thing worse than losing money is losing money while having a winning percentage.