|The Lounge | Champions | The Wire | Schedule | Audio | Arcade | The Top Ten | Historical | Email | Video|
Money Management: The Real Smart Money
Money Management: Picking "your" spot
I'm sure we've all talked about money management, but how many of us practice what we preach/are preached about it??? After a decade of betting, I never thought I'd be writing articles about restraint when it comes to Sports Betting. I guess it's easier for me, personally, now that I've become a better handicapper. Hitting at a higher percentage sometimes builds patience, but many times breeds "greed".
I guess I am as guilty as anyone at "singing while I'm winning". When I'm in the middle of a "good run", I still tend to fire away at a game that I shouldn't. But, the "ultimate sin" is chasing your money in the midst iof a losing streak. Or even worse, laying half, or "the whole bankroll" on one game!!!
A wise man once said to me, "They play everyday!!" I knew exactly what he meant, but it took me five more years to "understand" what he meant. The more games you play on a daily, or weekly basis, you lower your percentage of having "longterm" success. It is to the sportsbooks benefit to be an "Action Jackson", so to speak.
Most of the successful gamblers I know are self-proclaimed "spot players". I also fit into this category (mostly). These type of players will wait for a game they REALLY LIKE, sometimes not betting for days, or even weeks, until "that game" comes along.
On the other hand, I also know gamblers who have to have "action" on many games (especially TV Games). The key, in my humble opinion, is to be able to sit and watch a game because you like/follow the sport. If you "must" have action on a game to be able to watch it, chances are you aren't that big of a sports fan. I watch plenty of games that I don't have money riding on, because 1) I'm a sports junkie, and 2) it is good for scouting a future "spot" play.
It bugs me to watch guys lose over and over because they have no concept of money management. It is always a good idea to write down, and keep track of your bets, review your bet history every so often, mark down the ones (in hindsight) that you felt "really good about". I can "bet" that you hit most of those.
John Onan is Sports Moderator at The Online Players Union.You can read more articles by Mr. Onan (aka ego74) by going to http://www.theopu.com
He looks forward to you signing up at the forum and sharing your opinions on sports and casino gambling.
Poll finds majority of New Jersey residents still oppose casino gambling ... - Press of Atlantic City
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.
TOP 10 Biggest Betting-Gambling Mistakes
Our aim here is to highlight these common areas of failure in the hope that I can speed up your learning curve towards successful betting.MISTAKE NUMBER ONEFailure to Use Betting BanksMost gamblers fail to understand that the best method of achieving a healthy and sustained long term profit from racing and betting in general is to set aside a sum of money away from your main finances, solely for betting purposes.
Gender Differences in Gambling
Being a fairly regular gambler, I have noticed a few interesting differences between men and women over the many years I've spent on the casino floor. Although these observations are by no means scientific, the general results have more or less been consistent.
6-max Texas Limit Holdem: Pre-Flop Play
Position is even more important in 6-max play than in a normal full ring game. The 6-max variation is generally played more aggressively and the battle for control starts right from the beginning.
Alternate Payment Methods Made Easy
Credit cards may be the easier way to purchase casino credits online but they are not always the most convenient or the fastest way to get casino credits when playing online. Alternative payment methods are an easy and efficient way to fill up your account and they are safe and secure to use too.
2005 AFC East Football Preview
In the AFC East I expect to see the Patriots drop off a bit, but not much, the reason for the projected drop off is mainly due to the fact that the Patriots will be without the services of offensive coordinator Charlie Weis and defensive coordinator Romeo Crennel, both have moved on to head coaching positions, Weis with Notre Dame and Crennel with the Cleveland Browns. Eric Mangini is the new defensive coordinator, while Bill Belichick will be calling the plays on offense himself.
4 Tips to Improve Your Online Poker Game
Online Poker has increased in popularity exponentially over the past few years. More and more people are jumping into the poker game and some are making good money playing poker online.
Dos and Donts of a Successful Soccer-punter
Bet only what you can afford. Define a bankroll at the beginning of the year or season and stick to it.
Asian Handicaps Explained
The most common way to bet on football in the UK is with 3 way betting (sometimes called 1X2). The three options are home win, draw and away win.
Earn Money Playing Slots...or not
Yay, what a life would that be - sitting behind the fancy slot machine, hitting buttons, sipping Bud Light and constantly cashing out big bucks, or coins. Sure, we know that casinos (even online casinos, yes) take their "edge" and earn hideous profits, but we don't think about it when we step into a local casino or log on to our favourite online casino.
Live betting is one of the main sources of income for the bookmaker why?Well before the match starts there is always large publicity about the coming fixtures for Live matches.They are often 2 strong team facing each other and they are most likely to be telecast throughout the world.
Five Roulette Tips to Dramatically Increase Your Profits!
Roulette is the third most popular casino game worldwide, after slots and video poker.Why is it so popular? Well it is fun, exciting, easy to play, and has certain glamour attached to it, thanks to James Bond!The fact that it is so simple to play means that many players just play roulette without thinking about how to maximize their winning potential.
Online Poker Tournaments -- Time to get aboard
Online poker tournaments are skyrocketing in popularity due to reasons ranging from low buyins into major tournaments for a fraction of their usual cost to those who do not live within driving distance of a land based poker room. (And of course another factor is the money that can be won.
Virtual Casino Games
Looking to find out what kind of games can be found at a virtual casino? Look no further because here we give you an overview of virtual casino games as most commonly played on the internet today.There is an endless list of games available, and we'll take you through some of the more popular and common games played by virtual gamblers.
How to Master Low Limit Texas Holdem, Part 1 - Introduction
I decided to start a series about how to learn and master Texas Hold'em because this is the most played game in the online poker rooms and it has large popularity. These tutorials are good for new poker players and we think the advanced players can find useful tips here, too.
World Series of Poker Mania
The popularity of the World Series of Poker gained tremendousmomentum from The Travel Channel's World Poker Tour showings. Although the event had been showing for a number of years on ESPN, when new technologies such as the table camera were used,television watchers began getting involved in the hands as they were being played.
Hitting the Jackpot with Progressive Slot Machines
Going For the Million plus PaybackProgressive slot machines offer jackpots that are larger than flat top machines. In some cases, these jackpots are huge and the payback can change a player's life.
Gambling Legality Basics
The gambling scene in America can be traced back to centuries. Gambling has remained to be a part of the American dream life ever since the inception of lotteries in New Hampshire.
Party Poker Sign up Bonus Code Tutorial
I have had a lot of emails from people who are looking for a partypoker sign up bonus code. To save some time I have written a simple tutorial on how to get and use a partypoker sign up bonus code.
Learn How To Manage Your Roulette Bets For Greater Profits!
Many players seek to increase their chances of winning at roulette by using roulette systems, but there are two reasons why they don't work.Roulette Is Random Game Of ChanceThe house always has an advantage because roulette is a game of chance.
Section Site Map - Submit News - Feedback - Comments - Advertise with Us
Copyright © 2006 Luminati Inc. All rights reserved.