Wednesday, 2 June 2010
Wednesday, 26 May 2010
The Ten Commandments of Gambling - Betting Advice & Guidance For Pro Punters & Beginners
Everybody has heard of the old sayings 'The Bookie Always Wins' or 'Gambling is a Mugs Game'. In fact most of the population are against the idea without ever having tried it or placing a single bet. Traditionally betting has been the pass time of the older working class male section of society but with the growth of the Internet and Online Gambling this no longer seems to be the case. Placing a bet has never been easier and more and more people bet on live sports than ever before.
It is true however that the majority of gamblers are mugs. Only around 15% of people that regularly place bets actually make a profit. These are the punters. They are a group of disciplined, collected individuals who employ strategies to what they do and stick religiously to set guidelines and laws of gambling. The other 85% of people that bet are the mugs. These people bet on sports simply because they are on TV and put little thought into what they are doing. They are the people who bet more than they can afford and use larger bets to chase earlier losses. These people often loose thousands and get into financial difficulty because of their gambling antics.
With all of the negatives to one side it is possible to make a substantial amount of profit from gambling. A lot of professional punters actually make a rather healthy living from gambling full time. This is something that takes many years of success and years of experience to ensure security. You will learn a lot about yourself in the process, things about your own character and your own strengths and weaknesses.
Beginners and professionals must both adhere to the gambling code in order to gain success. Below are documented rules in which professionals stick to for ultimate success and beginners must adopt to stay out of trouble. They are rules that can protect newcomers and in the long run promote success. If you want to make your fortune from gambling the below is one of the most important documents you will ever read.
Only Bet What You Can Afford to Loose
Before you put any money into anything you should always stop and think.
'Can I afford to lose this amount of money and would it affect me in any way if I were to lose it?'
'Do I need this money for something else?'
If the answer to either of these questions is yes then no bets should be made regardless of how good the price is or that it is a dead cert winner. Never use a credit card to deposit money into a gambling account or use any form of borrowed money. The money used to gamble should always be your own surplus cash. The rule is simple. If you only bet with money you can afford to lose, you will never come in to financial difficulty due to gambling.
Learning What to Stake is a Skill
You should create a staking plan for your bets and aim to bet less than 10% of your overall bank. If your staking is done correctly you should rarely need to redeposit more money into your account and never suffer any massive damaging losses.
Only Bet When It Is a Convenient Time
Avoid betting when in situations where your mind should be focused on something else. For example work. If you are constantly checking scores and your mind is on the match your job will suffer. You may not notice it yourself but others will and maybe even your employer. At the end of the day your job is more important. Secondly you need to be focused on your bet and at work you will not be. You may make careless bets as you have not had the time to think them through or you may not review your stake properly. Avoid making bets whilst on nights out or under the influence of alcohol. A bet is an investment and should be selected with care!! Gambling requires your total attention!!
Keep a Record of Your Bets
As I said before your gambling is your business and no business exists without the need for paperwork. Documenting your bets will tell you just exactly how well you are doing. You will be able to identify which bets are making you a profit and which you are losing on. You will be able to identify your own strengths and weaknesses and put all your efforts into the area's that have been proven successful. You may not want to record your bets for fear of the bad news it may bring. If you are not doing particularly doing well it is important that this is brought to your attention and that you have an audit trail to identify where the problems lie.
Treat It like a Business & Maximise Your Profits
These days there are so many different ways to place the same bet. With the bookmakers market being more competitive than it has ever been there are often massive differences in the prices that are on offer. For example you may be a regular with William Hill. You have backed Team A on their site at odds of 2 and just before you place your bet you notice that Victor Chandler are offering odds of 2.2 for the same team to win. That would mean 20% more profit on your win. It is always best to have online accounts with as many different bookmakers as possible to take advantage of price differences.
Likewise there are many different variations in markets. You may think that Team A has an almost certain chance of beating Team B. The price may be extremely low for the team you fancy and therefore you must find your value elsewhere. You may be able to pick out more than one correct score bet to make more money or side with Team A on an Asian handicap. It is not worth taking poor odds when there are so many markets on offer today.
Stay Cool If the Bet Is Not Going Your Way or Your Odds Move
I know from experience that it is hard to keep your cool when a big bet is not going your way. It is extremely tempting to put more money into the market on a different outcome reacting to what is going on in the game. This is a recipe for disaster. Before you know it you have changed you bet and doubled your stake and one goal could put your original bet in contention. Your original bet ends up coming in and you lose double your original stake. If your bet is going wrong you should take it on the chin and learn from your mistakes. If your staking was good the loss will not damage your overall bank.
Find a Reason
Never place a bet without good reason. Whether it is down to extensive research or a clear form review you should always have a good reason for parting with your money. Just because the odds are huge does not mean there is any value. Do not follow others. Do not go where the money is or where the majority bet is being place. Always have your own reason for your decisions.
Listen to Others but Do Not Be Swayed By Their Opinions
Take on board information provided by others but do not allow it to change your views. Others may offer good important information but your initial reason for the bet should be strong enough. It might make you revise your staking plan or market you choose but very rarely should this force you to cancel your bet.
Do Not Chase Your Losses
Temptation is always there to place a huge bet to cancel out a previous loss. This is really what separates the men from the boys when it comes to gambling. You must be disciplined enough to step back when things are going badly and be sensible with your money. It is easy to forget the real value of money when things are going wrong. If you find yourself chasing losses you simply should not be gambling or indeed go on their selection.
Breaks Are a Good Thing
Every punter from professional to beginner has bad spells. If you think that you are continually losing money then take a month off. Relieve yourself from the work and the stress and wait for the next significant event. You will be surprised how your picks and staking strategies change immediately following a good break. If you are a casual punter who has limited funds, step back from gambling until you reach your next payday or until finances settle. This will prevent greater losses than you can afford. Do other things to take your mind of your bets and come back when you are ready.
To Conclude
Only when you have the self discipline to apply the above rules to your gambling will you ever achieve success. As stated earlier in this article 85% of people who gamble are mugs and make regular losses. The other 15% are the ones who adhere to the Ten Commandments and treat their gambling as their own business. It is important that you take your time and learn from your mistakes. Learn about yourself and your strengths and weaknesses. Above all enjoy it.
I hope this proves to be a useful point of reference to all who read and that it will prevent newcomers from falling down the slippery slope and joining the ranks of the mugs.
Good Luck All!
By James Tillson - http://www.soccerengine.net
Article Source: http://EzineArticles.com/?expert=James_Tillson
It is true however that the majority of gamblers are mugs. Only around 15% of people that regularly place bets actually make a profit. These are the punters. They are a group of disciplined, collected individuals who employ strategies to what they do and stick religiously to set guidelines and laws of gambling. The other 85% of people that bet are the mugs. These people bet on sports simply because they are on TV and put little thought into what they are doing. They are the people who bet more than they can afford and use larger bets to chase earlier losses. These people often loose thousands and get into financial difficulty because of their gambling antics.
With all of the negatives to one side it is possible to make a substantial amount of profit from gambling. A lot of professional punters actually make a rather healthy living from gambling full time. This is something that takes many years of success and years of experience to ensure security. You will learn a lot about yourself in the process, things about your own character and your own strengths and weaknesses.
Beginners and professionals must both adhere to the gambling code in order to gain success. Below are documented rules in which professionals stick to for ultimate success and beginners must adopt to stay out of trouble. They are rules that can protect newcomers and in the long run promote success. If you want to make your fortune from gambling the below is one of the most important documents you will ever read.
Only Bet What You Can Afford to Loose
Before you put any money into anything you should always stop and think.
'Can I afford to lose this amount of money and would it affect me in any way if I were to lose it?'
'Do I need this money for something else?'
If the answer to either of these questions is yes then no bets should be made regardless of how good the price is or that it is a dead cert winner. Never use a credit card to deposit money into a gambling account or use any form of borrowed money. The money used to gamble should always be your own surplus cash. The rule is simple. If you only bet with money you can afford to lose, you will never come in to financial difficulty due to gambling.
Learning What to Stake is a Skill
You should create a staking plan for your bets and aim to bet less than 10% of your overall bank. If your staking is done correctly you should rarely need to redeposit more money into your account and never suffer any massive damaging losses.
Only Bet When It Is a Convenient Time
Avoid betting when in situations where your mind should be focused on something else. For example work. If you are constantly checking scores and your mind is on the match your job will suffer. You may not notice it yourself but others will and maybe even your employer. At the end of the day your job is more important. Secondly you need to be focused on your bet and at work you will not be. You may make careless bets as you have not had the time to think them through or you may not review your stake properly. Avoid making bets whilst on nights out or under the influence of alcohol. A bet is an investment and should be selected with care!! Gambling requires your total attention!!
Keep a Record of Your Bets
As I said before your gambling is your business and no business exists without the need for paperwork. Documenting your bets will tell you just exactly how well you are doing. You will be able to identify which bets are making you a profit and which you are losing on. You will be able to identify your own strengths and weaknesses and put all your efforts into the area's that have been proven successful. You may not want to record your bets for fear of the bad news it may bring. If you are not doing particularly doing well it is important that this is brought to your attention and that you have an audit trail to identify where the problems lie.
Treat It like a Business & Maximise Your Profits
These days there are so many different ways to place the same bet. With the bookmakers market being more competitive than it has ever been there are often massive differences in the prices that are on offer. For example you may be a regular with William Hill. You have backed Team A on their site at odds of 2 and just before you place your bet you notice that Victor Chandler are offering odds of 2.2 for the same team to win. That would mean 20% more profit on your win. It is always best to have online accounts with as many different bookmakers as possible to take advantage of price differences.
Likewise there are many different variations in markets. You may think that Team A has an almost certain chance of beating Team B. The price may be extremely low for the team you fancy and therefore you must find your value elsewhere. You may be able to pick out more than one correct score bet to make more money or side with Team A on an Asian handicap. It is not worth taking poor odds when there are so many markets on offer today.
Stay Cool If the Bet Is Not Going Your Way or Your Odds Move
I know from experience that it is hard to keep your cool when a big bet is not going your way. It is extremely tempting to put more money into the market on a different outcome reacting to what is going on in the game. This is a recipe for disaster. Before you know it you have changed you bet and doubled your stake and one goal could put your original bet in contention. Your original bet ends up coming in and you lose double your original stake. If your bet is going wrong you should take it on the chin and learn from your mistakes. If your staking was good the loss will not damage your overall bank.
Find a Reason
Never place a bet without good reason. Whether it is down to extensive research or a clear form review you should always have a good reason for parting with your money. Just because the odds are huge does not mean there is any value. Do not follow others. Do not go where the money is or where the majority bet is being place. Always have your own reason for your decisions.
Listen to Others but Do Not Be Swayed By Their Opinions
Take on board information provided by others but do not allow it to change your views. Others may offer good important information but your initial reason for the bet should be strong enough. It might make you revise your staking plan or market you choose but very rarely should this force you to cancel your bet.
Do Not Chase Your Losses
Temptation is always there to place a huge bet to cancel out a previous loss. This is really what separates the men from the boys when it comes to gambling. You must be disciplined enough to step back when things are going badly and be sensible with your money. It is easy to forget the real value of money when things are going wrong. If you find yourself chasing losses you simply should not be gambling or indeed go on their selection.
Breaks Are a Good Thing
Every punter from professional to beginner has bad spells. If you think that you are continually losing money then take a month off. Relieve yourself from the work and the stress and wait for the next significant event. You will be surprised how your picks and staking strategies change immediately following a good break. If you are a casual punter who has limited funds, step back from gambling until you reach your next payday or until finances settle. This will prevent greater losses than you can afford. Do other things to take your mind of your bets and come back when you are ready.
To Conclude
Only when you have the self discipline to apply the above rules to your gambling will you ever achieve success. As stated earlier in this article 85% of people who gamble are mugs and make regular losses. The other 15% are the ones who adhere to the Ten Commandments and treat their gambling as their own business. It is important that you take your time and learn from your mistakes. Learn about yourself and your strengths and weaknesses. Above all enjoy it.
I hope this proves to be a useful point of reference to all who read and that it will prevent newcomers from falling down the slippery slope and joining the ranks of the mugs.
Good Luck All!
By James Tillson - http://www.soccerengine.net
Article Source: http://EzineArticles.com/?expert=James_Tillson
Tuesday, 25 May 2010
Gambling is almost everywhere you look nowadays. In the world of sports, football gambling is the game for which the gamblers are given special treatment. Since football is one of the most popular games of all time, the gambling industry has sunk its teeth into it as well. They use people's love for the game is a way to get people to gamble on the outcome of the games. Some people are drawn to this type of gambling because of the chances to get a huge payoff if you win. People are getting better all the time at betting on the right winner of the game.
Live matches have become very popular these days. Gamblers are able to bet live, and at half time, which makes the gambling process more interesting. Football gambling is extremely popular, and it is only allowed in a few countries, thus making it harder for people of other countries to get in on the action. Few countries telecast live football games, making it difficult for people to be on live games. If people can view other people betting on the teams, gambling could even get more popular.
Football gambling has brought about change to the dream lifestyle. Many people like the idea of not having to do any work, and getting a lot of money for it. It is the dream for many people. All your dreams can come true by simply winning a high placed bet on a football game.
Unfortunately, the reality is that many people who gamble have a real problem that brings about loss in many areas of their lives. Gambling often leads to the break up of families, serious financial loss, job loss, depression, and suicide. People think that they will become rich, and not have to worry about anything ever again, and when reality sets in, they come to know that they have lost everything on a bet. People who gamble loss much more than they win, but when one is in a gambling frenzy, they believe that they cannot lose. They can and do lose all the time.
There are programs and people that can help if you or someone you know has a gambling problem. Gambling can even lead to stealing, as the gambler needs more money to place bets. Few good things ever come out of gambling. It has destroyed so many lives, that it is not worth even trying. The best way to get the money that you want is to work for it.
Nothing is impossible if one really wants it, and has the perseverance to stick it out, and do what has to be done in order to make their dreams come true. Nothing is impossible if you never give up, and believe in yourself. Even if dreams seem out of reach now, that does not mean that they cannot be realized. All great dreams started somewhere. Everyone that has anything usually had to work hard for it, and not give up.
Author Resource:- Gregg Forscher of Discount Web Content Provider has web articles at a small member fee on keywords you desire such as articles for your sports sites. http://discountwebcontentprovider.com
Article From Ezine-Articles
Live matches have become very popular these days. Gamblers are able to bet live, and at half time, which makes the gambling process more interesting. Football gambling is extremely popular, and it is only allowed in a few countries, thus making it harder for people of other countries to get in on the action. Few countries telecast live football games, making it difficult for people to be on live games. If people can view other people betting on the teams, gambling could even get more popular.
Football gambling has brought about change to the dream lifestyle. Many people like the idea of not having to do any work, and getting a lot of money for it. It is the dream for many people. All your dreams can come true by simply winning a high placed bet on a football game.
Unfortunately, the reality is that many people who gamble have a real problem that brings about loss in many areas of their lives. Gambling often leads to the break up of families, serious financial loss, job loss, depression, and suicide. People think that they will become rich, and not have to worry about anything ever again, and when reality sets in, they come to know that they have lost everything on a bet. People who gamble loss much more than they win, but when one is in a gambling frenzy, they believe that they cannot lose. They can and do lose all the time.
There are programs and people that can help if you or someone you know has a gambling problem. Gambling can even lead to stealing, as the gambler needs more money to place bets. Few good things ever come out of gambling. It has destroyed so many lives, that it is not worth even trying. The best way to get the money that you want is to work for it.
Nothing is impossible if one really wants it, and has the perseverance to stick it out, and do what has to be done in order to make their dreams come true. Nothing is impossible if you never give up, and believe in yourself. Even if dreams seem out of reach now, that does not mean that they cannot be realized. All great dreams started somewhere. Everyone that has anything usually had to work hard for it, and not give up.
Author Resource:- Gregg Forscher of Discount Web Content Provider has web articles at a small member fee on keywords you desire such as articles for your sports sites. http://discountwebcontentprovider.com
Article From Ezine-Articles
A debate rages on about how you can have the most fun gambling. In truth, there is no one right answer to this question. It all depends up a persons individual preferences. Are you sitting near someone at this very moment?
If so, why do not you ask them how they think they can have the most fun gambling? Maybe they will say winning. Or perhaps they just like to play the games. Whatever answer they give, it is the right one. Some people play to win, while others enjoy the sport of game play. Not everyone gambles for the money. For some people, its also about the atmosphere of the place where they gamble.
Everybody tends to think that the online casino they frequent is the best one, and the only one where they will go to spend their paycheck. But, you may have different ideas. The things that appeal to you in an online casino may not match their opinion. Its all about individual perceptions. Let me tell you about a new UK online casino.
This casino has great 3D graphics. Once you complete your registration on the site, you go to an opening screen that consists of a dressing room where you get to pick how you look, your attire, and your desired screen name. After the dressing room, you then proceed to the casino floor.
You can then walk around the casino floor until you spot a game that you want to play. The virtual you will take a seat at a slot machine stool or a poker table. Then you can bet as much as you like until you choose to move along to a different activity.
Not all online casinos feature 3D graphics. Does this mean they are no fun for gambling? No, it does not necessarily mean that. If what you really want is to win, then the bells and whistles that brighten the atmosphere of the casino are just icing on the cake.
Other factors are more important, like the free online casino games that are offered and how loose the slots are. Some casinos also offer a bonus for new players, and occasional free cash bonuses at other times. These may help you have more fun even in the absence of flashy graphics, simply because you don't have to spend all of your own money.
Many people say that one of the biggest thrills of gambling is winning without even having to spend your own money. It makes no difference whether the casino is 3D, or whether you have to download the games to your computer. What is important is having that bonus deposited in your account and winning a game or tournament with somebody else is cash.
If you are not stressed out about losing a pot of money that you put in, you will have a more fun and relaxing time. You will be freer to take certain risks. You can play the games for pure enjoyment without having to employ conservative strategies.
The fun of playing with somebody else is free deposit bonus is made even better since you are able to participate right from the comfort and privacy of your home with a trusted online casino. The most fun is to be had by getting rid of your inhibitions and giving your all to whatever activity you are participating in.
Author Resource:- Inetbet is a successful and premier internet casino, founded in 1999, offering the chance to play for money or to play for free to players worldwide (including bettors in the US). Whether you are an experienced casino player or a novice, Inetbet is an internet casino that will provide you with all your gambling requirements.
Article From Ezine-Articles
If so, why do not you ask them how they think they can have the most fun gambling? Maybe they will say winning. Or perhaps they just like to play the games. Whatever answer they give, it is the right one. Some people play to win, while others enjoy the sport of game play. Not everyone gambles for the money. For some people, its also about the atmosphere of the place where they gamble.
Everybody tends to think that the online casino they frequent is the best one, and the only one where they will go to spend their paycheck. But, you may have different ideas. The things that appeal to you in an online casino may not match their opinion. Its all about individual perceptions. Let me tell you about a new UK online casino.
This casino has great 3D graphics. Once you complete your registration on the site, you go to an opening screen that consists of a dressing room where you get to pick how you look, your attire, and your desired screen name. After the dressing room, you then proceed to the casino floor.
You can then walk around the casino floor until you spot a game that you want to play. The virtual you will take a seat at a slot machine stool or a poker table. Then you can bet as much as you like until you choose to move along to a different activity.
Not all online casinos feature 3D graphics. Does this mean they are no fun for gambling? No, it does not necessarily mean that. If what you really want is to win, then the bells and whistles that brighten the atmosphere of the casino are just icing on the cake.
Other factors are more important, like the free online casino games that are offered and how loose the slots are. Some casinos also offer a bonus for new players, and occasional free cash bonuses at other times. These may help you have more fun even in the absence of flashy graphics, simply because you don't have to spend all of your own money.
Many people say that one of the biggest thrills of gambling is winning without even having to spend your own money. It makes no difference whether the casino is 3D, or whether you have to download the games to your computer. What is important is having that bonus deposited in your account and winning a game or tournament with somebody else is cash.
If you are not stressed out about losing a pot of money that you put in, you will have a more fun and relaxing time. You will be freer to take certain risks. You can play the games for pure enjoyment without having to employ conservative strategies.
The fun of playing with somebody else is free deposit bonus is made even better since you are able to participate right from the comfort and privacy of your home with a trusted online casino. The most fun is to be had by getting rid of your inhibitions and giving your all to whatever activity you are participating in.
Author Resource:- Inetbet is a successful and premier internet casino, founded in 1999, offering the chance to play for money or to play for free to players worldwide (including bettors in the US). Whether you are an experienced casino player or a novice, Inetbet is an internet casino that will provide you with all your gambling requirements.
Article From Ezine-Articles
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