Wednesday, November 24, 2010

Golden Gambling Rules: How Not to Waste Your Money

Time after time, I see men queuing up at race courses with hands full of bank notes, waiting to throw their money at some nag they're convinced is going to win. And I know - almost for a fact - that they're going to lose their money.



Sometimes, I want to tell them that the horse they're backing is a dead cert to lose, but it's not my place to do so. It is my place to share my golden gambling rules - rules that I abide by every single time I place a bet. Here they are:



1) Do your research There are some simple research tips that everyone should know - first of all: in horse racing, one of the main deciding factors is the ground. Not the jockey, not recent form - but the ground. So if you've got a horse at 8/1 in a ten-horse field that you think can handle the ground, then you've got a pretty good bet. When you see a man putting down 500 on a horse that has never won on soft ground when it has been raining for three days, then intervene. Or be smug.



BetRedKings is a bookmaker that has a wide range of statistics available for absolutely everything. It's the one aspect of the site that puts it head and shoulders above every other bookmaker - it gives you exactly what they use to ascertain the odds - and gives you the information to outwit them - if you're clever enough.



Football is a great way to waste money - anything can happen in football, from Sunderland nearly snatching a win at Old Trafford to, well, Sunderland winning easily at Chelsea. What seems like a home banker is very often anything but - so either you avoid betting on football full stop, or you check up on patterns that will inform your betting.



There are teams whose home records give them an immediate advantage, despite the opposition - and there are teams that hate travelling to certain grounds. Once you have that information - once you have that research under your arm - you will lose a lot less money. No impulse betting, just restrained, educated betting.



2) If you lose, bet double next time Now, please be careful, but this is a way of playing the odds that can, if you stick to it, pay dividends. Stick to this system over a day at the races (or two), and you should come out in profit.



Here's how it works - you have a budget that you cannot exceed - let's say 100. Start off with a bet worth 1 - if your horse wins, then you pocket the money and bet 1 on the next race.



If the horse loses, then you double your bet - 2 on the next race. If this horse loses, then you double it again - 4. If you win, of course, you go back to 1.



It requires a little restraint, and a lot of faith - but you have to have the budget in place to do this over a certain length of time. The odds are that, at least in one of these ten or so races, you will pick a winner, and eventually you will be profitable.



3) Use introductory and loyalty offers for maximum profit Almost every bookmaker has an introductory offer, whether that be a deposit bonus, a matched free bet, a double-your-money free bet or a no-risk first bet. Each one has terms and conditions attached that make it slightly more complicated than you may wish, but if you are going to gamble over a length of time, then you have to find a bookmaker who will reward you for doing so - take the loyalty bets. These are special offers that keep you going and reward you for sticking with one bookie.



Obviously, my golden rule above all is - do not get too excited. If you win, pocket the winnings and start again with your lowest stake.



Bet sensibly, and enjoy it...

Free Full Tilt Poker is a resource for gambling information, including this Full Tilt Poker free bet offer.



Source: http://www.submityourarticle.com/



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