There are two factors that will determine your success as a punter. These factors include your knowledge of gambling or betting and your knowledge of the risk factors of losing bets. Betting is not for the fainthearted. This is because the majority of people who bet online from a reliable agent lose their bets most of the time. It is only a few people who actually win their bets frequently. In other words, sports betting or online gambling are risky activities and in most cases, winning a bet is sometimes based on your luck. Once you understand the risk factors or gambling online, it will be very easy for you to manage your bankroll.