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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:

Richmond Times-Dispatch (blog)

McElroy: Virginia should legalize casino gambling
Richmond Times-Dispatch (blog)
If Virginia really wants dramatic change, then legalize casino gambling. To those who oppose gambling for religious or ethical reasons, I fully respect your beliefs. Others will say gambling brings in crime and can destroy families as well as preying ...

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Amendment 68: Casino Gambling at Arapahoe Park
Aurora Sentinel
Arapahoe Park casino _Perr Voters will decide whether to allow casino gambling at a horse racetrack in Aurora, and two other locations in the future, with the promise that the taxes raised will funnel $114 million a year to public schools. It's a high ...
CASB opposes Amendment 68La Junta Tribune Democrat
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Virginia's status as holdout on casino gambling hurt Colonial Downs
Washington Post
Virginia is one of nine states that does not have legalized casino gambling. Virginia was once β€œthe center of racing during Colonial days,” according to Terance Rephann, a University of Virginia economist. In recent years, the track offered 30 days of ...

and more »


Colorado weighs gambling expansion at racetracks
KXRM
DENVER (AP) -- Colorado voters must decide whether to allow casino gambling at a horse racetrack in suburban Denver, and two other locations in the future, with the promise that it will funnel $114 million a year to public schools. Amendment 68 is a ...

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wwlp.com

WMass residents react to new casino gambling research
wwlp.com
In Springfield, MGM promises to bring more than 3,000 permanent jobs should casino gambling remain legal in Massachusetts, but that has some residents questioning who will get those jobs. β€œI don't think it's going to help the economy at all. I mean ...
With casino vote, Springfield's fortune at stakeBoston Globe

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Ex-Meadowlands Sports Complex chief urges swift action on North Jersey ...
NorthJersey.com
Jim Kirkos, president of the Meadowlands Regional Chamber of Commerce, said that while he and other local officials support North Jersey casino gambling, β€œa casino is subordinate to a convention center.” A number of speakers agreed that the sports ...

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New Hampshire Magazine

The real impact of casino gambling in NH
New Hampshire Magazine
As someone who spends nearly every hour of every day thinking, talking, writing about politics, you can take it from me: your vote this fall will not repeal Obamacare or keep it, it will not lower your taxes or increase them on the rich, it won't stop ...



Kansas City Star

Mass. Bishops: Casino Gambling Is a Bad Bet
National Catholic Register
BOSTON β€” Led by Cardinal Sean O'Malley of Boston, the Catholic bishops in Massachusetts are urging voters to support a ballot measure this November that would repeal a 2011 law that legalized casino gambling in the Bay State. As of now, not a single ...
Study: Gambling industry worth $240B, 1.7M jobsReno Gazette Journal
Casino Mogul Says Experience, Not Gambling, Is KeyABC News

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The Republican - masslive.com

Massachusetts gubernatorial candidates spar on casino gambling, education ...
The Republican - masslive.com
SPRINGFIELD β€” The five candidates for governor debated topics from global warming to casino gambling in their first televised post-primary debate, held at CityStage in Springfield. Democrat Martha Coakley, Republican Charlie Baker and independents ...

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Georgia needs casino gambling for education
Marietta Daily Journal
Democrats say they need to vote on Sunday; Republicans say it isn't right. It is true some will bus their votes to the polls. I don't think it matters when we vote. It is how we vote. We have been told by our lawmakers that we are not educated enough ...


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