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Sports Betting and Money Management
Your bankroll must be protected at all costs, a good bankroll will get you thru the ups and downs of sports wagering.
You must think of Sports Wagering in the very same light as you would Stock Market investments... in either form of investment, you have to have a "Cushion" to get you thru the ups and downs of a market that naturally rises and falls during any given cycle.
I recommend wagering NO MORE than 5% of your bankroll on any one game, period. I have found that the very best way to protect your bankroll is to incrementally raise or lower the amount that you will wager by "Percentage of Bankroll".
For example, lets say that you have a starting Bankroll of $5000, this should be an amount that is set aside and dedicated to nothing else but sports wagering, don't fall into the trap of the ordinary "Joe Public" type of gambler that does not start the season with a "Dedicated Starting Bankroll" and instead finds themselves dipping into their mortgage or rent payment or car payment and before long winds up playing with "Scared Money" because they know that they can not afford to lose, this type of gambler usually ends up digging a hole for themselves that they can not climb out of!!
When utilizing the "Percentage of Bankroll" concept that I mentioned, a top play selection would be 5% of your starting bankroll, in our example let's say its $5000, thus 5% of $5000 is $250.00, a medium play would be 3% of your starting bankroll, but most plays should fall into the "Regular" or small selection status of only 1% of your starting bankroll.
Each week your starting Bankroll would be different because of how you did the previous week, therefore, each week your wagering amounts based on 5%, 3%, and 1% of the bankroll would be different.
So, I would recommend either using a "Flat Betting" system which means that you wager the same amount on each contest but is still based on percentage of bankroll and self adjusts each week based on your new starting bankroll.
Or use the incremental system of 5%, 3%, 1%, to wager different amounts on different games, but keep in mind that the top wager is still only 5% of your bankroll... remember this simple rule of thumb and it will keep you out of trouble my friend!!
Using either system as I have outlined will keep your bankroll safe and sound over the ups and downs of a long season.
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Flanery: Lack of casino gambling could be 'death by a thousand cuts' for ... - Louisville Business First
Bingo is one of the most simple and general game of all times. Be it children's party, classrooms, charity functions or a simple time pass, Bingo finds it place everywhere.
Roulette System: Chaos Theory
This article is going to discuss how Chaos Theory applies to Roulette."Looking at roulette chaos is like looking at a raging white-water river filled with wildly tossing waves and unpredictably swirling eddies.
Three Card Poker Betting
A player must be aware of how to place bets in three card poker. The playing area both live and online will have three areas where you place bets.
Online Poker Chips Away At Sexual Stereotypes
Women are being increasingly attracted to the excitement of online poker. Many professional women now shop extensively online and it's natural that they should explore other ways of having fun and spending their money online.
Is Online Gambling Legal?
According to the Wire Act, one is not permitted to make use of a wire transmission for the purpose of placing a bet. The Wire Act clearly states that "Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.
Baseball is Back!
What are your goals for this season?In another week the boys of summer will be back in action for another season of Major League Baseball. During the start of each sports season I like to evaluate how things went the previous season, and set my goals for the upcoming season.
Sports Betting Truths
The first ever recorded sports bets, took place on 10 September 1858, by two spectators watching a game between the Brooklyn Eckfords and the New York Mutuals, placed a 100$ bet as to whether or not John Holden would hit a home run. Holden himself was assured 25$ if he hit, he did and after the game all the debts were settled.
Understanding The Logistics of Poker Tournaments
Tournaments are poker competitions where all of the players play at the same time and continue to play until only one player is left. Tournaments are fun to play in, have a low entry fees and offer a large prize pool to be won.
Do the Laundry or Win the Lottery
On the Friday afternoon drive home, I'm relieved the weekend has finally arrived. Sleeping in, afternoons at the pool and?the looming pile of clothes on the laundry room floor! The endless list of household tasks never seems to go away.
Virtual Casino Online
What is a "virtual casino online"? This is a term used to describe a website using software that enables you to gamble with real money online, in real-time.The virtual casino online enables you to purchase tokens or credits via credit card, check, bank transfer or one many other internet payment methods, for example NETeller or Firepay.
2005 AFC North Football Preview
In the AFC North I expect to see the Pittsburgh Steelers who posted a mark of 16-2 straight up and 11-7 ATS overall last season to win a close divisional battle over the Baltimore Ravens who finished up their 2004 campaign with a 9-7 straight up and ATS mark and over a much improved Cincinnati Bengal team that finished with an 8-8 straight up record for the second straight year in 2004, the Brownies once again look to pull up the rear in what should prove to be the toughest division in the NFL in 2005.Pittsburgh has a tough row to hoe this season, the Steelers only have five games on the 2005 docket against 2004 playoff teams but four of those affairs take place on the road and that includes Monday Night road games at San Diego and at Indianapolis, overall the Steelers will play 10 of their 16 games against teams that posted .
Beware of So-Called Baccarat Strategy
Card Counting is one of those phony ideas published in baccarat strategy books. Card counting is most often associated with the game of blackjack - and is very effected, used correctly in the right casino.
YOUR Advantage With Online Poker Table Notes
The importance of taking notes on your opponents can't be stressed enough. The more you play, the more you value the information that you have collected on each player at your table.
Senior Citizen's Gambling Addiction On The Rise
Over the past few months there has been a significant increase in the number of seniors who have taken up gambling as a new form of entertainment. Through this exposure a larger percentage then expected have become addicted to gambling.
Odds Comparison - Increasing Your Winnings
After being in sports betting for about 23 years you have come to see many things such as a hairy chimpanzee putting down the winner for a horse race 10 times in a row, leaving me with a severe insomnia problem. I have also experienced the amazing growth of the internet and especially seen the difference it made to the sports betting community.
Understanding Online Casino Bonuses
Are you puzzled by the workings of online Casino bonuses, with those pulsating dollar signs and offers of free cash? Let's see if we can demystify the situation.Different rules apply to different casino bonuses - know these rules and avoid disappointment.
Become the Casino of Life Where You Control the Outcome Rather Than Playing the Odds
I want to continue on the subject that I have been addressing as of late concerning building success.Often it seems when speaking of success many automatically assume that one is talking about the rich and elite.
Texas Holdem Tournament Strategy - Sit and Go Poker Tournaments
Welcome to the fourth in my Texas Holdem Strategy Series, focusing on no limit Texas Holdem poker tournament play and associated strategies. In this article, we'll examine the "Sit and Go" tournament - the most popular online poker tournament format today.
Introduction to Texas Holdem Strategy - 3 Concepts
Concept #1 - Pot OddsLong-term profits in holdem come from making bets with a positive expectation. You only have a positive expectation when your payoff is higher than your risk.
The Secret of Come Betting
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