Thread: Betting tips
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Old 02-02-2009, 05:06 PM   #1146
W.HI.P
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Join Date: Apr 2006
Location: Canada
Posts: 1,513
beyond the picks, spreads and long term bets, the greatest value that this thread holds, is the teaching of how to wager.
the majority of people, continue to wager in a way that is in the benefit of those collecting the wagers.

the fact is, you're going to lose games, its innevitable.
most people make a wager where 100 percent of the games wagered have to come through to collect money.
that kind of betting benefits the house.
defencive gambling is where 5/8 makes you a profit.
thats 3 games lost not 1.... so you see, gambling wisely, is about calculating innevitability.
wise gambling is also about not getting hurt.
a rule i set up for this kind of thing, is gambling the maximum of 10 percent of your spare cash... you'll never have a problem if you follow this rule.
people who gamble also have a tendency of lying to themselves.
to break this habbit, one must keep track of his net.
your net is calculated by the overall money won, minus the money wagered.
focus on the anual net, be aware of whats going on and correct things as you see them.
aside from long term bets, which should be the main focus of anyones pocket, not only from an economical point of view, but also in a sense of entertainment.
think about it.... wagering $500 on bordeaux winning the frech soccer league at 8/1 at the start of the year provides a whole season of entertainment as $4.000 are on the line in what looks like a 2 horse race with lyonnais.
winning that $4.000 would also provide you 8 years of wagering $500 on who will win the french league.
thats 9 years of entertainment and you're actually getting paid for it.
the heavy duty wagers though, should be on the free money games.
games where the money outweighs the sport.
if you go deep into your pockets for these bets, you're home free.
all bets through-out the years are all covered by these winnings.
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