Saturday, 10 March 2007

My Next Gambling experience

My next experience of Gambling was when I applied for a mortgage the offers for finance where fantastic, i.e do I go for a fixed rate Gambling on what way the interest rates where going to move and then how long a term I would like to commit myself for. I had to calculate the odds to make a decision.
Decisions have to be made every day regarding the out come of an event in your life. So I said to my wife lets change direction and start to study how to make money Gambling. At first things did not go well and I did lose more than I won. At this point you start to doubt yourself and all of your old conditioning about Gambling starts to come back in your thoughts. But I would not give up, there had to be ways of reducing your risk and increasing the profit.

My next step was to stop betting and study as many systems of Gambling as possible. I concentrated my efforts on horse racing and I which I had no prior knowledge of and have have stayed with this sport ever since.
Three major changes occured in the Gambling world around 5 years ago:
1. The gambling tax was removed from our bets. 2. The betting exchanges where born.
3. Online gambling was born

The problem today is so many people want to sell you a wonder system for gambling but the bottom line is that Horse racing is a game of chance and there is only so far you can go to predict an out come. Any tipster that promises you £40,000 per month earnings from there advice is a person to avoid. You would need a massive betting bank and I doubt you would get the bets on.

On a positive note if you expect around £1000 per month clear profit with a reasonable betting bank of £4000. This amount does depend on what type of betting you are doing.I use a broad range of betting systems to limit my risks.Time is also a factor when you Gamble, because some systems require access to a computer for most of the afternoon when live racing is taking place. We will look at different systems in my postings on this site.

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