Hi again buckhunters! Last time we discussed some general rules related to smart betting, and you were supposed to deposit some money in your account and bet small on some events of your choice. I'm not sure you captured the key words in your task: BET SMALL! Did you manage to stay away from the temptation of waging your entire capital on a bet you were - oh yea! - POSITIVE IT'S A WINNER?
Maybe it was a winner or maybe it wasn't - that's not the point. What you MUST REMEMBER is that no matter if you win or lose such cowboy bets this is still wrong and the moment you gave in to the impulse of overbetting you are in real trouble. You're on the wrong side of the fence my friend - you're wandering in the losers' camp...Call me crazy, but that's your first REAL lesson - hope you learned it the easy way and not the hard way (by already emptying your account): use your brain, remember your plan and be strong, don't act like an addict. Know your edge (intelligently planning your bets and putting the odds on your side) and cultivate your advantage. NEVER ruin yourself in one blow, no matter how sure (and eventually wrong) you were on that particular bet.
No matter what you did, let's remember this always: NEVER OVERBET, stick to your plan! And let's move on... Are we going to learn when or how to bet effectively? NO, far from it! :) Today I want to teach you the virtues of STAYING OUT. :)
Staying out is actually a bet in itself. You realize that sometimes you simply do not have the right edge, the one you use to make betting profitable for you in the long run, so if you're smart enough you decide to stay out. That's not chickening out - that's actually where intelligent betting starts. I make constant money out of football bets and i can tell you this: I haven't bet for more than 1 week now. Why? Cause there's nothing happening in football right now! The national league games are over, even the cup games are past, all I have left is some South American leagues, Finland, Japan, some friendly matches and others I never heard of or betted on - Thanks, but no thanks. THE EURO 2008 is coming, and everyone's getting ready for the big event.
Oh, by the way: NEVER BET ON FRIENDLY MATCHES! Never, as in never EVER!! The odds suck, you have absolutely no idea what's going on in the field (cause coaches try all sorts of stuff in these games, Italy could lose a game with Albania and nobody would care anyway) - so why take a chance? With only a few days left until the kick-off of EURO 2008 and nothing important happening in the football world right now, staying out is the best thing you can do for your investment. Yes, i call it an investment cause we do it smartly, we have a plan and a money management technique. Gamblers can go right ahead and laugh - there is serious and intelligent betting and I'm here to prove it.
Trust me, as a rookie gambler you have no idea how much you can profit just by staying out and not losing your cash foolishly. This is part of the game just as actual betting, and you must be aware of it. Learn patience and warm yourself up for the EURO 2008 - we'll probably start putting our hands on some real betting next month and I sure hope you'll be around! ;)
Until next time - stay on the safe side, bet responsibly and make sure your fridge is loaded - we're in for some nice EURO 2008 fun this summer!
Friday, May 30, 2008
Intelligent Betting - Learn to STAY OUT!
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