Gambling of any kind is an activity that any person should always keep themselves incheck. Play too big too soon and huge losses could result quickly. Play too safe and, well, you won't have much fun.

That being said, we present you with our Ten Rules to help you walk that line of control that's necessary to not only win, but yeild consistent results season after season.

Never bet more than you can afford to lose!

Don't gamble with your rent money.

Be disciplined and maintain consistent betting amounts.

Based on your limits, develop a betting strategy and stick to it.

Do not bet on hunches and never bet because you feel you are 'due'. No supersitions allowed!

This is the quickest way to lose money. Stick to the facts and proven results

Avoid betting heavy props, futures, and parlays.

There is a reason why these types of bets have significant payouts — They are difficult to win. These are unnecessary losses.

If you decide to use a handicapping service, do your research.

Know who is performing

Beware of 'Scam-di-cappers'! If they offer inside information, guarantees or huge winning percentages be very, very skeptical.

See through the unrealistic statements and inflated results.

Never take losing personal and never let winning go to your head.

You are never as bad as your last losing streak and never as good as your recent winning streak. Every streak will turn.

If you lose, resist the urge to want to 'catchup'. Stay consistent.

Attempting to offset a bad day with bigger bets is a sure way to dig a huge hole.

BE IN IT FOR THE LONG HAUL.