Some sports betting enthusiasts and high rollers are so dedicated to their sports betting adventures that they’ll risk it all – their financial freedom, their peace of mind, even their physical safety – in pursuit of a betting win. This style of betting is called “masterbating”, and aside from the extreme risk involved, it is not a recommended way of betting for the average sports fan. Let’s take a closer look at what exactly is masterbetting, why some people like to do it, and what are the side effects of this type of betting?
What Is Masterbetting?
Depending on how deeply you wade into the world of sports betting, you’ll eventually come across terms like “money line”, “parlay”, and “total over/under”, which are commonly used in gambling. These terms can be a little bit confusing, especially if you aren’t used to dealing with odds and betting in general, so let’s clarify the meaning of masterbetting. A “masterbet” is a group of wagers placed on the outcome of multiple sports matches or horse races involving the same team or horse.
Let’s say, for example, that you are a diehard Boston Bruins fan and you’ve followed their matches this season. You’ve noticed that they often play teams from the New York area and that the games are usually close contests. You also know that the over/under for total goals scored this season is set at five, and since the New York area teams usually score more goals than the Boston area teams, you decide that this is the perfect time to place a masterbet on the New York Rangers to win the Stanley Cup this year.
After placing several wagers on different sporting events involving the New York Rangers, you eventually win your bet, and when the dust settles, you’ve collected a nice chunk of change. You’re feeling pretty good about yourself and your betting skills when, all of a sudden, a storm clouds the sports world. What do you do now?
You’ll want to cancel all of your wagers because you know that it’s not a good idea to place wagers when you’re not prepared to pay up if the results don’t work out the way you plan. You’ll also want to avoid placing any bets on sporting events that you’re not completely sure of, especially if you’re new to betting. There’s no shame in getting snagged by a scam, but you don’t want to find yourself in that situation, so proceed with caution.
Why Do Some People Like To Do Masterbetting?
There are a variety of reasons why some people like to do masterbetting. One of the more common reasons is that they want to test themselves. They enjoy placing large wagers and seeing how much they can take in while still maintaining financial safety. Another reason is that they feel that it’s a good way to hone their betting skills and learn how to properly assess odds and determine winning wagers. Some folks like to masterbet because the thrill of placing large wagers on multiple events is what draws them to the activity in the first place.
The most extreme form of masterbetting is when a bettor takes on all comers at once. This is called “boxing your ears” and it involves placing wagers on every event that is taking place, regardless of whether you think that you have a good chance of winning or losing. The strategy behind boxing your ears is that the more events you place a wager on, the greater the chance that at least one of them will turn out in your favor. Let’s say that you’re really good at picking NFL winners and feel that the over/under for sacks this season is set at three. You might decide to give it a try and place a wager on the Chicago Bears to get at least four sacks.
The advantage of placing multiple wagers on the same event is that if one of them turns out to be a winner, you’ll be able to turn on the afterburners and collect on all of the wagers that you’ve made. That’s what makes this activity so appealing to certain people. The disadvantage, of course, is that if any of the wagers you make lose, you’ll be in a bit of a pickle. The last thing that you want to do is leave your house with thousands of dollars in winnings, only to find out that your computer broke down and you couldn’t collect on any of the wagers you made. This type of situation can seriously sour the fun of betting for some people.
What Are The Side Effects Of Masterbetting?
Aside from the extreme risk involved in masterbetting, there are a few side effects that you must be aware of if you decide to give it a try. The first is that the integrity of your betting activity can be called into question if anyone learns that you’re engaging in this type of risky behavior. The second is that it can seriously damage your social standing in the community. Many people who participate in this type of activity are considered “gamblers” and, as we’ve already established, this is not the kind of behavior that people usually associate with respectable members of society.
These are just some of the more obvious risks associated with masterbetting, but there are several others that aren’t so easily dismissed. Let’s take a quick look at some of them.
Risk Of Getting Scammed
One of the most significant risks that you take on by engaging in masterbetting is getting scammed. The good news is that there are several safeguards in place to minimize this risk. The first step that you should take is to make sure that the sportsbooks you’re dealing with are legitimate and have the proper licenses to operate in your state. Check out the Better Business Bureau to learn more about any local complaints against the bookmaker that you’re considering using. Just be sure to do your research before you make a purchase decision and, above all, never put yourself in a position where you have to risk money that you cannot afford to lose. If you meet the right people and do your homework, you’re sure to avoid getting scammed.
Another significant risk that you take on by masterbetting is health risks. Many people who participate in this activity are already on the road to ruining their health, so it’s best to be aware of this fact and take proper precautions. The most common effects of masterbetting are headaches and insomnia, which are caused by constantly being surrounded by loud noises and bright lights. These are the kinds of things that would bother anyone, but especially a person who is already at a disadvantage due to poor health issues.
If these symptoms persist, it’s time for a break. Take some time off of work and get some rest. If this is not possible, then it’s time for a change. Try a different bookmaker or place your bets on events that you know will favor your health. For instance, if you’re an Eagles fan and the over/under for total yards this season is set at 2,500, then you might want to consider betting on games involving the Philadelphia Eagles. The health advantages of betting on your favorite team are that you’ll be surrounded by good energy and, most significantly, the odds are often in your favor when it comes to winning events.
One of the biggest risks that you take on by masterbetting is financial risks. The good news is that there are ways to mitigate these risks. The first and most obvious way is to not play if you don’t have enough money to cover the wagers that you make. If you experience financial distress because of your betting activities, then it’s time to take a break or put some serious limitations on your participation. It’s not enough to simply try and pick winning events, you need to make sure that you have enough money to pay for the wagers that you place.
The second and more efficient way to avoid financial risk is to use a credit card that gives you special perks. For example, the Chase Sapphire Preferred Card gives you 50,000 point sign-up bonus, which is enough to get you started for free, as well as several hundred dollars in additional cash back every month. The important thing to keep in mind about credit cards, especially if you’re looking for perks, is to keep your nose to the grindstone and use them responsibly. It’s not smart to blow through all of your rewards without knowing how to budget your spending, so try and earn these rewards rather than just handing over your plastic.