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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 ONE

Failure to Use Betting Banks

Most 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.

Whatever method or system you are using, whoever you are following or subscribing to or however your own bets are calculated, you are better off with a "Betting Bank" that has built -in advantages that can help you. It needs to be independent from your own personal finances and needs to be protected from factors that can threaten it. This can take a lot of emotion out of the decision making process. Emotion is a factor that threatens all punters.

The size of your betting bank will of course be dependant upon your own individual circumstances and free capital available. An analogy to the world of shares perhaps may be that no financial advisor worth his salt would advise you throw all your capital into the stock market alone.

The vast majority of punters fail to use any form of set aside bank. They bet randomly with what ever money they have in their pocket at the end of the week or go in too deep with stakes far in excess of their personal safety levels.

A punter with a professional attitude will set aside what he can comfortably afford to invest and then determine the best use he can make of that fixed sum of capital.

With a fixed sum of capital available you now move on to the next reason for failure.

http://www.PuntersRealm.com is a large new E-zine with Expert Sports Betting-Gambling Previews, advice & tips.


MORE RESOURCES:

Tallahassee.com

House panel hears casino gambling bill
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House Majority Leader Dana Young said she wanted to get a discussion going on gambling Thursday, so a committee heard about everything from glamorous mega-casinos to dying greyhounds in a four-hour hearing. Whether legislators will make any major ...
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Atlanta Business Chronicle (blog)

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Bradenton Herald

Don't spread casino gambling across Florida
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Florida should not become another Nevada with gambling casinos strung across the state, but that's the possible scenario with pending legislation in Tallahassee. Instead, the state should be renogtiating its exclusive gaming agreement with the Seminole ...

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Online Poker.net

New York Looks To Expand Casino Gambling Before Online Poker
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New York Looks To Expand Casino Gambling Before Online Poker New York currently has five Native-American casinos, and nine racetracks with video lottery terminals, but between 2013 and 2014 gambling revenues were down by 0.8% (after inflation), ...

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This is the year to expand casino gambling
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If the Illinois Legislature is ever going to pass a casino expansion bill, the odds are good this is going to be the year. Both the state and Chicago are facing major financial problems that will be worsened if the Illinois Supreme Court rules, as ...



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Newsandtribune
“He does not believe casino gambling is a long-term solution for any of Kentucky's financial problems, so that will not be a priority for his administration.” • James Comer — Campaign director Edwin King would not say if Comer personally supports or ...

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CardPlayer.com

Connecticut Looks At More Casino Gambling
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The state of Connecticut is looking to expand its gambling industry to keep up with competition in the region. Many in the state are worried about new casinos being built in Massachusetts and New York. Other nearby states like Pennsylvania and Maryland ...
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Crossmap

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Memphis Business Journal (blog)

Slots and roulette in Tennessee? Amendment aims to open casino gaming
Memphis Business Journal (blog)
Rep. Jason Powell's proposed amendment to the state constitution ( HJR 87) would give the General Assembly the power to “authorize casino gaming to be operated within the state.” Should the amendment go into effect, state revenue from casino gaming ...
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Nation News

Avoid dangers of casino gambling
Nation News
In a word, legalisation of casino gambling will further erode the social fabric of this country. There are now stories making the rounds of school-age children being taken on board cruise ships for the purposes of prostitution. Casino gamblers are not ...

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Google News


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