Saturday 10 March 2007

Make Money don,t Lose It

I treat my betting banks like investments by splitting them up into different risks. Low risk low profit high strike rate, Medium risk with average return and high risk high return long odds betting. By splitting my money this way it gives me a lot of stability over my monthly earnings.
First tip: Always use staking plans for your betting. High risk long odds betting divide your betting bank by 250 to arrive at the required stake.
Second Tip: Open a second bank account seperate from your normal finances with a debit card. This account will run all your betting sytems.
Third Tip: Use a tipster for selecting your horses when you are new to the game, but make certain they have a good track record. Always insist that the tipster you use clearly gives a name, telephone number and address. Stay well clear of any online tipsters that only give an email contact. You will have problems dealing with these tipsters. Also read the small print when you subcribe to there services some try to lock you in by paying by pay pal but you cannot cancel before the end of the month if you do the service is cancelled straight away, therefore you lose out. Be careful this business is not regulated.Its your money so look after it.

Forth Tip: When you start to use a system you must stick with it through the bad times and the good. No system works all the time, you must look at the long term, i.e 3 months. The bookies rely on the punters to dip in and out of the market this is where they make most of there money, they also hate punters using staking plans because it alters the odds in your favour.
At this point you will be moving from the normal bookies friend to the professinal gambler who has a long term view with a positive approach to gambling i.e To Make Money Rather than lose it.

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