Succesful Gamblers
2021年4月19日Register here: http://gg.gg/p3dy5
To be successful, sports bettors need to be flexible, adaptable, and resilient. A successful sports bettor will know that things change over time, and that in turn means that their plans and strategies must also change. Being flexible and adaptable is key. Those unwilling to change their ways are less likely to be successful over time. Successful gamblers are constantly on the lookout for games with bonuses. Apart from bonuses, gamblers also look at the history of certain games and study them well. Research is a constant part of any successful gambler’s process. For a gambler, every decision is a big one and needs to be well thought out. An occasional gambler plays for the thrill of an occasional payout, and shrugs off his or her losses. With successful gamblers, it is the other way round; the wins aren’t much fun, but the losses are painful. This is precisely why successful gamblers learn from their experience, while less successful ones don’t. This is a mistake! It’s definitely possible to make a profit from sports betting, but it takes more than a little sports knowledge. Even a truly extensive knowledge is not enough by itself. There’s a lot that’s required to be a successful sports bettor, so please don’t think that you’re going be.
I’m often asked what it takes to become a successful high-stakes gambler. ’Do I have what it takes?’ people want to know. It’s difficult to answer this question, because no matter how well I think I know someone, I don’t know him well enough to be able to make this assessment. The only person who can possibly do that is the one asking the question, and then only if he is brutally honest with himself.
Many writers make winning at gambling sound easy. Don’t believe them. I’m here to tell you flat out that becoming a professional big-time gambler is a grueling and psychologically demanding process. The reason I use the word ’process’ is that the successful gambler is constantly evolving, adapting, and changing as circumstances dictate. He is perpetually evaluating opportunities, weighing risk/reward ratios, and exercising proper discipline. Most importantly he must have a high tolerance for ambiguity.
For the professional gambler, the coming day’s outcome is never clear. Although he knows he has the best of it, on any given day he can’t depend on winning. Every professional gambler, whether he’s a blackjack or poker player, a sports bettor, or a horse handicapper, will inevitably have losing streaks. If you play as long as I have, some of those losing streaks will be horrendous. I once had 14 consecutive losing weekends at a major Las Vegas Strip hotel playing blackjack in a good double-deck game. I lost 1,458 units in the space of 3 ½ months. Had I not had so much success prior to this streak, I’m that even I would have started questioning whether blackjack was a profitable game. It didn’t seem so at the time. I checked and rechecked my tables. I carefully studied each losing session, reviewing the dealers, the playing conditions, my betting patterns, and so forth. Was I pressing too hard? Was I steaming? Was my bet spread adequate? Did I still have a positive mental outlook? Was there something in my personal life I was bringing with me to the tables?
I methodically rules out each variable. The only thing I could pinpoint was that my confidence had decreased to the point where I wondered if I would ever win there again. This being the case, I took a break - not from blackjack, but from playing at this particular casino. For the next couple of months I played my blackjack trade elsewhere (while turning down several juicy invitations to special events at my nemesis casino). I won steadily and my confidence returned.
Then I revisited the casino from hell. In the end I won more money at that joint than at any other. Playing at least six days a month for a couple of years, I remained completely unmolested. Even though I consistently booked large wins, the casino personnel never forgot that losing steak. They believed it was only a matter of time before it happened again. And they were right. Had they waited long enough, as long as a lifetime, it’s likely such a losing streak would have repeated itself. As it turned out, my wins were so overwhelming that upper management finally sat up and took notice. Scrutiny increased dramatically, and when a pit-boss friend of mine tipped me off to the fact that my days there were numbered, I left for greener pastures.
I was lucky. Very lucky. Not lucky to have won back all my money plus a lot more - the laws of probability controlled that outcome. No, I was luck that I’d had enough experience, and had made enough money prior to encountering this gambling nightmare, that I was prepared to deal with its financial and psychological consequences. Even then it was damned difficult. Had it happened early in my career, I surely would have been wiped out financially. Psychologically, would I have had the will to raise a new stake and try again? That’s hard to say. It’s a rhetoric question, but I believe I would have pressed on. The mathematics of the game are so compelling that ultimately logic would have prevailed and I would have continued playing.
But the point is this: Every player, regardless of how skilled he is and how good the playing conditions are, will eventually have a gut-wrenching losing streak. Probably several. The laws of probability mandate these losing streaks just as surely as they also mandate that you’ll win overall. I’m not just talking about a couple of losing trips; I mean real carnage to both bankroll and psyche. How you deal with it when it happens will determine whether you’ve got what it takes to be a pro.
Big-time winners tend to have certain traits in common. To be sure, not every top pro possesses all these characteristics, but lacking any of them represents a weakness that will probably cause trouble at some point in their careers. Following is a list of these critical traits:
*High interpersonal competence
*A positive attitude toward gaming and life
*Soft-focus concentration
*Likableness, charm
*High tolerance for ambiguity
*Ability to detect micro-expressions
*Highly observant and alert
*Slow to anger
*Good table presence
*Self-confident - slow to doubt own abilities
*Disciplined and controlled
*Flexible, adaptable, resilient
*Take good care of boy and mind
*Maintains proper diet
*Avoids alcohol and drugs
*Self-effacing - ego needs under control
Although most of these traits are self-explanatory, a few words of clarification are in order for several.High Interpersonal Competence
First and foremost is interpersonal competence, which means a person’s skills in interacting with others. The most successful gamblers I know are open, friendly, charming, and well-liked. They go out of their way to avoid offending others. They are highly tolerant of other viewpoints and they avoid arguing. They are also good listeners.
People like knowing that someone has really heard what they’ve said. By using active listening techniques, the skilled communicator paraphrases what another says, so the speaker knows he’s been heard correctly. It doesn’t matter if the skilled listener agrees or not; by being able to accurately state another person’s position, he ingratiates himself. Let me give you an example.
Suppose someone is going on about how cruel it is that people in some cultures eat dogs. Whether you agree with this statement or view this practice as a cultural issue to be resolved by the indigenous people has no bearing on how you apply your skills as a listener. You might say something like, ’You’d like me to know that the practice of eating dogs seems repugnant to you. You view it as cruel and inhumane and in your opinion it should be prohibited.’ Notice that you’ve neither agreed or disagreed with the statement. You have, instead, clearly articulated the person’s position, so he knows he’s been heard.
You’ll be amazed how effective this technique is in casino situations. Dealers regularly complain to me about floor personnel, and floor personnel complain to me about casino managers. I listen to their beefs so they know they’ve been heard, without condemning or condoning what they say. Because they do not feel threatened or put down, they usually continue to open up to me. I often hear about their personal situations, even about other job offers they are considering - dangerous stuff to be bantering about in their current job setting. Of course, I never betray any confidences.
Also, I never offer gratuitous advice. If I’m asked for advice, I demur. ’Well, I’m not sure,’ I’ll say. ’What do you think the best approach would be?’ Then I switch back to listening mode, giving them the opportunity to hear what they’re saying, which enables them to refine their thinking and find their own action path. The key here is that the problem is theirs, and I help them think through possible solutions without volunteering answers.
People are remarkably grateful for someone who will listen to them. This technique goes a long way toward cementing solid relationships with casino personnel, which are as important now as always.
In addition to sophisticated listening skills, the successful gambler possesses what has been called ’table presence’. He smiles readily, has an open posture, and alertly leans forward. He makes eye contact with the other players and casino personnel, nods while listening to others talk, and lightly touches others on the arm when appropriate. To help you remember of these qualities, think of the acronym S-O-F-T-E-N:
*Smiling
*Open posture (arms and legs uncrossed)
*Forward learning
*Touching (briefly and lightly)
*Eye contact
*Nodding while listening
With practice these qualities can be developed. In blackjack they will help you enormously in your interaction with casino personnel. In poker you will be better liked and more respected, more welcome in private games, and more in control in public games.
Please do not copy/paste this content without permission. If you want to use any of it on your website contact us via email at traderATfinancial-spread-betting.com (remove the AT and substitute by @).Successful Gamblers
Why do we love sports betting? It’s simple, fun, and it gives us an opportunity to make some money!
Beginners shouldn’t rush off to start placing wagers just yet though. You see, as simple as sports betting is, it’s not exactly easy to get everything right when you’re just starting out.
If you approach sports betting in the wrong way, it’s unlikely that you’ll enjoy it at all. You certainly won’t be on the right path towards making a profit.
We’re not saying this to STOP you from betting on sports. Far from it. We just want you to be prepared, and have the best chance of making money.
Our hope is that by reading this article you will be able to form as many good habits from the onset as possible. Below are our 20 top sports betting tips for beginners. That’s right, we said TWENTY. There’s plenty to learn whether you are a complete novice or whether you just need a little refresher.
Please note that you should follow ALL of these betting tips regardless of what your ultimate goals are. They’ll help to ensure that you have lots of fun, and they’ll give you a good foundation to work from if your aim is to win money consistently.
Here’s a quick overview of all our sports betting tips before we dive into the detail.
*Trust Us
*Set Achievable Objectives
*Learn All the Basics
*Set a Budget & Use a Staking Plan
*Be Selective
*Place Your Wagers Online
*Understand the Concept of Value
*Learn Some Simple Betting Strategies
*Always Compare Odds & Lines
*Keep Records of Your Betting
*Learn the Lingo
*Ignore Personal Bias
*Don’t Get Overconfident When Winning
*Don’t Get Disheartened When Losing
*Spend Time on Research
*Trust Your Judgement
*Avoid Betting When Impaired
*Experiment
*Join a Betting Forum
*Take Regular Breaks
Our first betting tip is extremely simple. Be confident that the advice we have to offer is truly valuable. Don’t pick and choose which pieces of advice to follow and which to ignore. There’s a good reason for everything we advise you to do, and we promise that following it WILL benefit you: in both the short term and the long term.
Please note that this doesn’t just apply to the advice on this page, but to all the advice that we offer throughout our entire guide to betting on sports. We’ve worked very hard to make sure that our guide is as comprehensive as it possibly can be, and that it’s genuinely useful. We’re experienced bettors ourselves, and successful ones, so we really do know what we’re talking about.Unlike a lot of websites that offer sports betting information and advice, we don’t charge for ANYTHING that we offer.
There are no fees for the tips and previews we provide, nor is there any “premium content” that costs money to access. All of our content is premium in our opinion, and it’s all provided free of charge. Why do we give away all this free information and advice? We simply want to help our readers become responsible and competent sports bettors.
There’s no ulterior motive here. We take great pride in our work, and from the moment we started on our sports betting guide we had one single goal in mind. We wanted to produce the best sports betting resource on the internet. Have we achieved that goal? That’s not for us to say. All we know for sure is that we’ve tried our hardest, and that we continue to update and improve our guide in any way we can.
So please place some trust in us. We’re extremely confident that following our advice will lead to a much better sports betting experience. We’re not promising that we’ll help you to win millions of dollars. We’re not even promising that we’ll turn you into a winner at all. But we do promise that our advice will help to make sports betting more enjoyable, with a BETTER chance of winning money.
It’s not too difficult to win a few wagers when betting on sports. Anyone who’s even vaguely knowledgeable about a sport is likely to make accurate predictions at least some of the time. However, there’s a big difference between winning a few wagers and winning often enough to actually make a profit. That latter IS difficult. Very difficult.Only a small percentage of sports bettors are profitable in the long run.
The reality of sports betting is that the majority of people lose money at it. There are several reasons for this, but they’re not important right now. What IS important is that you understand that you’re more likely to lose than win as a beginner.
Some people start betting on sports with the belief that they can rely on their sports knowledge to beat the bookmakers. This is a mistake! It’s definitely possible to make a profit from sports betting, but it takes more than a little sports knowledge. Even a truly extensive knowledge is not enough by itself. There’s a lot that’s required to be a successful sports bettor, so please don’t think that you’re going be winning from the moment you start.Having unrealistic expectations will just lead to frustration and disappointment.
There’s nothing wrong with setting the long term of goal of making money. It’s important to be realistic though, and set achievable objectives. Your early objectives should be based on learning more and trying to improve gradually. Once you’ve gained some experience, you can start to set more complex goals.
Of course, the goal may simply be to enjoy yourself. That’s certainly an achievable objective in the short term. In fact, focusing on having fun is arguably the best approach as a beginner. It’s still possible to start taking things more seriously at a later stage.
If you’re not entirely sure what your objectives are, or should be, please consider reading the article listed below.Learn All the Basics
We stated at the very start of this article that sports betting is very simple, but that doesn’t mean you should just get started right away. Learning the basics before you start placing wagers will put you in a much better position to enjoy the experience of betting on sports. The basics alone may not be able to help you make an overall profit, but they will get you started on the right track.
Luckily for you, we’ve summarized the most important sports betting basics in a single article. This article will be particularly useful for beginners, and covers all of the following.
*Fixed odds betting explained
*Components of a sports wager
*Different types of sports wager
*Alternative forms of sports betting
*How to bet with a bookmaker
*Why bookmakers make money
One of our team wrote an excellent blog post on how sports betting works, and that’s also a really good read for beginners.How Sports Betting Works - A Guide to Understanding Sports Betting
Wagering is almost as old as man. You can find places in the Bible where it talks about casting lots, which is a form of gambling. No one knows for sure when the first bet was made on a sporting event, but the odds are that it was made soon after sports were...Read More
Every single tip on this page is important, but none of them are more important than this one. Regardless of how much money you have, or what your short term or long term goals are, you simply MUST set a budget. Remember, losing money is a far more likely outcome than winning money. You need to decide how much money you are prepared to put at risk, and make sure that you don’t start risking more if you lose it all.
You can set a daily budget, a weekly budget, a monthly budget or an annual budget. We have even heard of people setting aside of sum of money with no timescales attached at all. How you set up your budget is entirely up to you. Just make sure that your budget is set at an affordable amount and that it’s something you are determined to stick to.Spending too much on betting can lead to all kinds of problems.
No-one has an infinite amount of money, so everyone has to manage their finances to some extent. There are certain living costs that should always be the priority. Gambling with disposable income is fine, but gambling with money that is needed for other things is not. That’s when gambling can start to get out of control, and the consequences can be dire.
This is easily avoided by simply sticking to a budget. Sports betting is far more likely to be an enjoyable experience when it’s affordable, and there’s no need to worry about whether a wager wins or loses.
Ideally, you should also use a staking plan. A staking plan is basically just a set of rules that determine how much should be staked on each wager relative to the size of your budget. We recommend staking around 1-2%, and definitely no more than 5%. This will allow you to withstand a few losses without blowing your whole budget too quickly.
Using a staking plan has other benefits too.
*Less likely to chase losses during a bad run.
*Less likely to lose any money made from a good ru
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To be successful, sports bettors need to be flexible, adaptable, and resilient. A successful sports bettor will know that things change over time, and that in turn means that their plans and strategies must also change. Being flexible and adaptable is key. Those unwilling to change their ways are less likely to be successful over time. Successful gamblers are constantly on the lookout for games with bonuses. Apart from bonuses, gamblers also look at the history of certain games and study them well. Research is a constant part of any successful gambler’s process. For a gambler, every decision is a big one and needs to be well thought out. An occasional gambler plays for the thrill of an occasional payout, and shrugs off his or her losses. With successful gamblers, it is the other way round; the wins aren’t much fun, but the losses are painful. This is precisely why successful gamblers learn from their experience, while less successful ones don’t. This is a mistake! It’s definitely possible to make a profit from sports betting, but it takes more than a little sports knowledge. Even a truly extensive knowledge is not enough by itself. There’s a lot that’s required to be a successful sports bettor, so please don’t think that you’re going be.
I’m often asked what it takes to become a successful high-stakes gambler. ’Do I have what it takes?’ people want to know. It’s difficult to answer this question, because no matter how well I think I know someone, I don’t know him well enough to be able to make this assessment. The only person who can possibly do that is the one asking the question, and then only if he is brutally honest with himself.
Many writers make winning at gambling sound easy. Don’t believe them. I’m here to tell you flat out that becoming a professional big-time gambler is a grueling and psychologically demanding process. The reason I use the word ’process’ is that the successful gambler is constantly evolving, adapting, and changing as circumstances dictate. He is perpetually evaluating opportunities, weighing risk/reward ratios, and exercising proper discipline. Most importantly he must have a high tolerance for ambiguity.
For the professional gambler, the coming day’s outcome is never clear. Although he knows he has the best of it, on any given day he can’t depend on winning. Every professional gambler, whether he’s a blackjack or poker player, a sports bettor, or a horse handicapper, will inevitably have losing streaks. If you play as long as I have, some of those losing streaks will be horrendous. I once had 14 consecutive losing weekends at a major Las Vegas Strip hotel playing blackjack in a good double-deck game. I lost 1,458 units in the space of 3 ½ months. Had I not had so much success prior to this streak, I’m that even I would have started questioning whether blackjack was a profitable game. It didn’t seem so at the time. I checked and rechecked my tables. I carefully studied each losing session, reviewing the dealers, the playing conditions, my betting patterns, and so forth. Was I pressing too hard? Was I steaming? Was my bet spread adequate? Did I still have a positive mental outlook? Was there something in my personal life I was bringing with me to the tables?
I methodically rules out each variable. The only thing I could pinpoint was that my confidence had decreased to the point where I wondered if I would ever win there again. This being the case, I took a break - not from blackjack, but from playing at this particular casino. For the next couple of months I played my blackjack trade elsewhere (while turning down several juicy invitations to special events at my nemesis casino). I won steadily and my confidence returned.
Then I revisited the casino from hell. In the end I won more money at that joint than at any other. Playing at least six days a month for a couple of years, I remained completely unmolested. Even though I consistently booked large wins, the casino personnel never forgot that losing steak. They believed it was only a matter of time before it happened again. And they were right. Had they waited long enough, as long as a lifetime, it’s likely such a losing streak would have repeated itself. As it turned out, my wins were so overwhelming that upper management finally sat up and took notice. Scrutiny increased dramatically, and when a pit-boss friend of mine tipped me off to the fact that my days there were numbered, I left for greener pastures.
I was lucky. Very lucky. Not lucky to have won back all my money plus a lot more - the laws of probability controlled that outcome. No, I was luck that I’d had enough experience, and had made enough money prior to encountering this gambling nightmare, that I was prepared to deal with its financial and psychological consequences. Even then it was damned difficult. Had it happened early in my career, I surely would have been wiped out financially. Psychologically, would I have had the will to raise a new stake and try again? That’s hard to say. It’s a rhetoric question, but I believe I would have pressed on. The mathematics of the game are so compelling that ultimately logic would have prevailed and I would have continued playing.
But the point is this: Every player, regardless of how skilled he is and how good the playing conditions are, will eventually have a gut-wrenching losing streak. Probably several. The laws of probability mandate these losing streaks just as surely as they also mandate that you’ll win overall. I’m not just talking about a couple of losing trips; I mean real carnage to both bankroll and psyche. How you deal with it when it happens will determine whether you’ve got what it takes to be a pro.
Big-time winners tend to have certain traits in common. To be sure, not every top pro possesses all these characteristics, but lacking any of them represents a weakness that will probably cause trouble at some point in their careers. Following is a list of these critical traits:
*High interpersonal competence
*A positive attitude toward gaming and life
*Soft-focus concentration
*Likableness, charm
*High tolerance for ambiguity
*Ability to detect micro-expressions
*Highly observant and alert
*Slow to anger
*Good table presence
*Self-confident - slow to doubt own abilities
*Disciplined and controlled
*Flexible, adaptable, resilient
*Take good care of boy and mind
*Maintains proper diet
*Avoids alcohol and drugs
*Self-effacing - ego needs under control
Although most of these traits are self-explanatory, a few words of clarification are in order for several.High Interpersonal Competence
First and foremost is interpersonal competence, which means a person’s skills in interacting with others. The most successful gamblers I know are open, friendly, charming, and well-liked. They go out of their way to avoid offending others. They are highly tolerant of other viewpoints and they avoid arguing. They are also good listeners.
People like knowing that someone has really heard what they’ve said. By using active listening techniques, the skilled communicator paraphrases what another says, so the speaker knows he’s been heard correctly. It doesn’t matter if the skilled listener agrees or not; by being able to accurately state another person’s position, he ingratiates himself. Let me give you an example.
Suppose someone is going on about how cruel it is that people in some cultures eat dogs. Whether you agree with this statement or view this practice as a cultural issue to be resolved by the indigenous people has no bearing on how you apply your skills as a listener. You might say something like, ’You’d like me to know that the practice of eating dogs seems repugnant to you. You view it as cruel and inhumane and in your opinion it should be prohibited.’ Notice that you’ve neither agreed or disagreed with the statement. You have, instead, clearly articulated the person’s position, so he knows he’s been heard.
You’ll be amazed how effective this technique is in casino situations. Dealers regularly complain to me about floor personnel, and floor personnel complain to me about casino managers. I listen to their beefs so they know they’ve been heard, without condemning or condoning what they say. Because they do not feel threatened or put down, they usually continue to open up to me. I often hear about their personal situations, even about other job offers they are considering - dangerous stuff to be bantering about in their current job setting. Of course, I never betray any confidences.
Also, I never offer gratuitous advice. If I’m asked for advice, I demur. ’Well, I’m not sure,’ I’ll say. ’What do you think the best approach would be?’ Then I switch back to listening mode, giving them the opportunity to hear what they’re saying, which enables them to refine their thinking and find their own action path. The key here is that the problem is theirs, and I help them think through possible solutions without volunteering answers.
People are remarkably grateful for someone who will listen to them. This technique goes a long way toward cementing solid relationships with casino personnel, which are as important now as always.
In addition to sophisticated listening skills, the successful gambler possesses what has been called ’table presence’. He smiles readily, has an open posture, and alertly leans forward. He makes eye contact with the other players and casino personnel, nods while listening to others talk, and lightly touches others on the arm when appropriate. To help you remember of these qualities, think of the acronym S-O-F-T-E-N:
*Smiling
*Open posture (arms and legs uncrossed)
*Forward learning
*Touching (briefly and lightly)
*Eye contact
*Nodding while listening
With practice these qualities can be developed. In blackjack they will help you enormously in your interaction with casino personnel. In poker you will be better liked and more respected, more welcome in private games, and more in control in public games.
Please do not copy/paste this content without permission. If you want to use any of it on your website contact us via email at traderATfinancial-spread-betting.com (remove the AT and substitute by @).Successful Gamblers
Why do we love sports betting? It’s simple, fun, and it gives us an opportunity to make some money!
Beginners shouldn’t rush off to start placing wagers just yet though. You see, as simple as sports betting is, it’s not exactly easy to get everything right when you’re just starting out.
If you approach sports betting in the wrong way, it’s unlikely that you’ll enjoy it at all. You certainly won’t be on the right path towards making a profit.
We’re not saying this to STOP you from betting on sports. Far from it. We just want you to be prepared, and have the best chance of making money.
Our hope is that by reading this article you will be able to form as many good habits from the onset as possible. Below are our 20 top sports betting tips for beginners. That’s right, we said TWENTY. There’s plenty to learn whether you are a complete novice or whether you just need a little refresher.
Please note that you should follow ALL of these betting tips regardless of what your ultimate goals are. They’ll help to ensure that you have lots of fun, and they’ll give you a good foundation to work from if your aim is to win money consistently.
Here’s a quick overview of all our sports betting tips before we dive into the detail.
*Trust Us
*Set Achievable Objectives
*Learn All the Basics
*Set a Budget & Use a Staking Plan
*Be Selective
*Place Your Wagers Online
*Understand the Concept of Value
*Learn Some Simple Betting Strategies
*Always Compare Odds & Lines
*Keep Records of Your Betting
*Learn the Lingo
*Ignore Personal Bias
*Don’t Get Overconfident When Winning
*Don’t Get Disheartened When Losing
*Spend Time on Research
*Trust Your Judgement
*Avoid Betting When Impaired
*Experiment
*Join a Betting Forum
*Take Regular Breaks
Our first betting tip is extremely simple. Be confident that the advice we have to offer is truly valuable. Don’t pick and choose which pieces of advice to follow and which to ignore. There’s a good reason for everything we advise you to do, and we promise that following it WILL benefit you: in both the short term and the long term.
Please note that this doesn’t just apply to the advice on this page, but to all the advice that we offer throughout our entire guide to betting on sports. We’ve worked very hard to make sure that our guide is as comprehensive as it possibly can be, and that it’s genuinely useful. We’re experienced bettors ourselves, and successful ones, so we really do know what we’re talking about.Unlike a lot of websites that offer sports betting information and advice, we don’t charge for ANYTHING that we offer.
There are no fees for the tips and previews we provide, nor is there any “premium content” that costs money to access. All of our content is premium in our opinion, and it’s all provided free of charge. Why do we give away all this free information and advice? We simply want to help our readers become responsible and competent sports bettors.
There’s no ulterior motive here. We take great pride in our work, and from the moment we started on our sports betting guide we had one single goal in mind. We wanted to produce the best sports betting resource on the internet. Have we achieved that goal? That’s not for us to say. All we know for sure is that we’ve tried our hardest, and that we continue to update and improve our guide in any way we can.
So please place some trust in us. We’re extremely confident that following our advice will lead to a much better sports betting experience. We’re not promising that we’ll help you to win millions of dollars. We’re not even promising that we’ll turn you into a winner at all. But we do promise that our advice will help to make sports betting more enjoyable, with a BETTER chance of winning money.
It’s not too difficult to win a few wagers when betting on sports. Anyone who’s even vaguely knowledgeable about a sport is likely to make accurate predictions at least some of the time. However, there’s a big difference between winning a few wagers and winning often enough to actually make a profit. That latter IS difficult. Very difficult.Only a small percentage of sports bettors are profitable in the long run.
The reality of sports betting is that the majority of people lose money at it. There are several reasons for this, but they’re not important right now. What IS important is that you understand that you’re more likely to lose than win as a beginner.
Some people start betting on sports with the belief that they can rely on their sports knowledge to beat the bookmakers. This is a mistake! It’s definitely possible to make a profit from sports betting, but it takes more than a little sports knowledge. Even a truly extensive knowledge is not enough by itself. There’s a lot that’s required to be a successful sports bettor, so please don’t think that you’re going be winning from the moment you start.Having unrealistic expectations will just lead to frustration and disappointment.
There’s nothing wrong with setting the long term of goal of making money. It’s important to be realistic though, and set achievable objectives. Your early objectives should be based on learning more and trying to improve gradually. Once you’ve gained some experience, you can start to set more complex goals.
Of course, the goal may simply be to enjoy yourself. That’s certainly an achievable objective in the short term. In fact, focusing on having fun is arguably the best approach as a beginner. It’s still possible to start taking things more seriously at a later stage.
If you’re not entirely sure what your objectives are, or should be, please consider reading the article listed below.Learn All the Basics
We stated at the very start of this article that sports betting is very simple, but that doesn’t mean you should just get started right away. Learning the basics before you start placing wagers will put you in a much better position to enjoy the experience of betting on sports. The basics alone may not be able to help you make an overall profit, but they will get you started on the right track.
Luckily for you, we’ve summarized the most important sports betting basics in a single article. This article will be particularly useful for beginners, and covers all of the following.
*Fixed odds betting explained
*Components of a sports wager
*Different types of sports wager
*Alternative forms of sports betting
*How to bet with a bookmaker
*Why bookmakers make money
One of our team wrote an excellent blog post on how sports betting works, and that’s also a really good read for beginners.How Sports Betting Works - A Guide to Understanding Sports Betting
Wagering is almost as old as man. You can find places in the Bible where it talks about casting lots, which is a form of gambling. No one knows for sure when the first bet was made on a sporting event, but the odds are that it was made soon after sports were...Read More
Every single tip on this page is important, but none of them are more important than this one. Regardless of how much money you have, or what your short term or long term goals are, you simply MUST set a budget. Remember, losing money is a far more likely outcome than winning money. You need to decide how much money you are prepared to put at risk, and make sure that you don’t start risking more if you lose it all.
You can set a daily budget, a weekly budget, a monthly budget or an annual budget. We have even heard of people setting aside of sum of money with no timescales attached at all. How you set up your budget is entirely up to you. Just make sure that your budget is set at an affordable amount and that it’s something you are determined to stick to.Spending too much on betting can lead to all kinds of problems.
No-one has an infinite amount of money, so everyone has to manage their finances to some extent. There are certain living costs that should always be the priority. Gambling with disposable income is fine, but gambling with money that is needed for other things is not. That’s when gambling can start to get out of control, and the consequences can be dire.
This is easily avoided by simply sticking to a budget. Sports betting is far more likely to be an enjoyable experience when it’s affordable, and there’s no need to worry about whether a wager wins or loses.
Ideally, you should also use a staking plan. A staking plan is basically just a set of rules that determine how much should be staked on each wager relative to the size of your budget. We recommend staking around 1-2%, and definitely no more than 5%. This will allow you to withstand a few losses without blowing your whole budget too quickly.
Using a staking plan has other benefits too.
*Less likely to chase losses during a bad run.
*Less likely to lose any money made from a good ru
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