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Sports Betting Facts You Need to Know

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Do you remember when most people associated sports betting with all sorts of negative connotations? Of course, this may surprise you depending on your age, but the truth is that it was not a long time ago. Back then, bettors were generally considered outcasts; yes, you heard it right. Thankfully, the negative attitude towards betting has changed over time, and the activity is now a socially acceptable pastime. Hence, it’s crucial that you know some facts about it before you start wagering on your favorite sports.

It’s Super Easy to Get Started

 This is a positive fact for any bettor. Getting started has been made easy since every bookmaker wants new punters to waste no time placing their first bet. The basics are simple and straightforward, and there is very little to learn. Basically, bettors need to set a budget, decide which sports to bet on, sign up with a betting site, learn about the odds, make a deposit, and start wagering. 

Sports Betting Can Result in a Profit

This is yet another piece of good news for betting enthusiasts. Forget about the fun part; the primary reason why most people bet is to win real money. Remove the possibility of winning from the equation, and the betting world will experience a mass exodus. Think Adrian Hayward, who placed £200 on former Liverpool midfielder Xabi Alonso to score from his half in the FA Cup match against Luton Town in 2006. Adrian walked home with a whopping £25,000 from the small investment. This is just but one of the dozens of cases out there. As you can see, you could stake as low as a few pence and win big; that’s the beauty of sports betting.

You’ll Probably Lose Money

Did I say ”lose?” That’s right. While we know this is terrible news for bettors, it is a fact. You can’t win every bet; this is a guarantee. At its core, betting is all about winning and losing. In fact, punters must lose more money than they win for sportsbooks to survive. The odds are always designed to favor the bookie, and that’s why you will win a couple of times but lose in the long run. Does this mean you should not try betting? Not at all. Millions of bettors lose, but they never quit; betting is fun in itself. Simply set a budget, and you’ll be good to go.

Betting Can Be Addictive

Make no mistake about it; anyone can suffer from betting addiction, including you. If you thought you were exempt, then you were lying to yourself. No matter your intelligence level, it is easy to be carried away, and things will already be out of control by the time you come to your senses. Of course, any form of gambling can impact you in this manner, and sports betting is one of them. Bet responsibly!

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Powerful Corporate Gifting Strategies to Build and Strengthen Business Partnerships

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If you want to build and strengthen business partnerships with your clients and top investors, there are a few key steps you must take. One essential strategy is corporate gifting. This simple act goes beyond building a partnership. It will also increase your customer retention rate and promote your business even beyond the shore of your country. 

But before you consider gifting any item, there are some strategies to put in place. This will ensure your gift makes a lasting impression and resonates well with your clients. Below are powerful corporate gifting strategies to build and strengthen business partnerships with your clients and top investors. 

Choose a Personalized Item 

Rather than choosing an ordinary gift for your clients and investors, opt for a personalized item. Customised corporate gifts such as T-shirts, coffee mugs, and bags create a stronger emotional connection than generic gifts. They also leave a more lasting impression than most other gift types.

Imagine how investors and your clients will feel when you beautifully inscribe their image or favorite quotes on a T-shirt. Of course, they will feel valued, appreciated, and ready to invest more in your business.

Consider Their Culture and Background 

As an entrepreneur, it’s essential to be culturally competent and sensitive. Your gifts should resonate with your clients’ and investors’ cultural backgrounds. Otherwise, they may be quickly discarded or overlooked. If your investors and audience are predominantly of Black heritage, consider giving them a custom T-shirt featuring a map of Africa or inspirational quotes from iconic Black leaders. 

Their religious beliefs are also important. Specific religions may find some images or symbols inappropriate. For instance, if you’re giving a gift to a Muslim investor, avoid designs that include images like pigs, as they are considered offensive in Islamic culture.

Consider a Functional Gift 

You should also consider the gift’s functionality. A gift that can be used every day will be more valuable than an impractical one. Even if the gift is expensive but doesn’t have any functional purpose, it won’t serve the purpose it was intended for. 

Instead of purely sentimental keepsakes or abstract gifts, consider practical items like pens, notebooks, backpacks, coffee mugs, umbrellas, or water bottles. Just make sure the gift is well-designed and features your brand logo and identity. This not only increases brand visibility but also helps strengthen the connection between you and your investors.

Tie it to a story

Tie your gifts to a story to make them more memorable and emotionally meaningful. For example, if during your business’s early days, your employees always worked tirelessly day and night, you could opt for a custom hourglass. Clients and investors who receive such a gift will appreciate your business’s journey of patience and perseverance.

Offer Quality Gifts

Gifts given to investors or clients who have significantly contributed to your business growth should reflect their value. They shouldn’t be cheap or low-grade items. The gift doesn’t have to be trendy or widely popular, but it should come from a reputable and high-end brand. This will give your gift more credibility. Besides, the recipients will feel comfortable to use the gift among their colleagues.  

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