Betting ...The Three Golden Rules
1. Set Aside A Betting Bank
Before you begin, set aside a sum of money you can comfortably
afford to loose in a worst case scenario. Dependent upon your circumstances
this could be £100 or £10,000.
Ideally open up a separate interest bearing bank account with switch or delta
Keep this money aside from the money you need for everyday living. Never risk money you
need for rent , mortgage repayments or to put food on the table for your family no matter
how certain you are of a bet.
2. Proof Your Selections
Before you place a bet, test and proof the system or tipster you are going to use to
make your selections. By proofing I mean follow it on paper. Do not use real money at this
By testing and proofing you achieve two things. Firstly you can identify if the method
will generate profits. This saves loosing money from your betting bank on tipsters or
systems that promise a lot but can not deliver.
Secondly by proofing a profitable strategy you will have the confidence to know that it
is indeed profitable over the long term. When you hit a bad patch of several losers in a
row you will have the confidence to know what you are doing is right and not worry about a
statistical blip of bad results.
3. Be Disciplined
The true professional knows that in order to make long term profits
out of betting he must only bet when the odds are in his favor.
This may mean several days or even a week without a bet. Very often
the best bet on the cards is to keep your money in your pocket!
Mug punters on the other hand will spend days on end in the betting shop rashly betting
on any thing that moves. A sure way to financial ruin.
To fully maximise your profits you should stop any hunch or thrill seeking bets. Over
the course of a year all these little amounts add up. Remember that the average punter
bets with his heart...the professional bets with his head! Be disciplined and you
will be rewarded.
To see how the powerful combination of value bets and a well managed betting bank can
turn small sums into large profits click here