The three Bs are budget, budget and of course budget. When you begin a career in online gambling the first thing you will want to think about is creating a budget for your gambling and sticking with it. It is just like starting a brand new business. You have to make sure you keep enough capital to carry your business for several years. With online gambling you have to be sure you have enough money to carry you for at least several months. If you find yourself getting low on your budget and losing a bit more money than are comfortable with then pull back a bit and start to try and recover your losses by making a series of smaller bets. Do not under any circumstances go over your budget or you will have defeated your purpose.
It is not hard to determine a budget for online gambling as long as you know what your goal is. If you are trying to start making online gambling your sole source of income then of course your budget should be a bit higher but if you are just trying to have a good time then your budget can be as low as 100 dollars. Keep in mind that your winnings or profit are not a part of your starting budget. Once you recover the amount of your original budget then you can use the excess to make higher bets if that is what you choose to do. It will depend on how serious you are.