|
Gambling Tips
1) Keep it entertaining and fun to do,
while playing intelligently, and the small
house advantage in the game of your choice
will be a small price for you
to pay for that entertainment.
2) Give yourself a limit in time and money
spent for this entertainment, treating it as
any other recreational sport.
You wouldn't agonize through three double head
days of baseball back to back, or a marathon viewing
session of three, four or five hockey games in one night,
so don't over do this form of sport either.
Making
Your Money
Count For Football Bets
Gamblers or prospective gamblers beware!
Most gambling hype you read, see, or hear in regard to
betting sports is misinformed, erroneous or simply designed
to take your money before you even place a bet.
In order to be successful sports bettor, you have to have
skills in money management, play selection, a good attitude,
and reasonable expectations as to what you can expect to
win if you are successful.
Let me give you a method of money management
as an eye opener:
| Size of Bet |
Minimum Bankroll |
| |
|
| $20 - $30 per game |
$1,000 - $2,000 |
| $40 - $50 per game |
$2,000 - $3,000 |
| $100 per game |
$5,000 |
| $500 per game |
$25,000 |
Most players start the season with absolutely no clue as to how
much capital it takes to withstand the ups and
downs of a typical football season.
You should give yourself enough money to have a chance
all year.Sports betting is nearly always full of streaks.
Even with great handicapping, you’re still going tolose
40 percent of your bets, so be prepared.
You've got a bankroll, so what’s next?
Divide it up as follows:
| Bankroll |
Average Bet |
College |
Pro |
Reserve |
| |
|
|
|
|
| $1,000 |
-$25 |
$400 |
$400 |
$200 |
| $2,000 |
-$50 |
$800 |
$800 |
$400 |
| $5,000 |
-$100 |
$2,000 |
$2,000 |
$1,000 |
| $25,000 |
-$500 |
$10,000 |
$10,000 |
$5,000 |
Here is the important part. Never risk more than
25 percent to
30 percent of your bankroll on any week. In other words,
if you like 5 pro games you will bet 6 percent of our
bankroll on each game.
On the best plays you will bet 8 percent and maybe
2 to 3 times a year you will find a game that’s worth
10 percent of your bankroll.
If you love a lotta action, simply drop your bet size
(2 percent to 3 percent), but never risk more than
33 percent of your bankroll in one day. If you win one week,
yourbankroll is larger so you’ll automatically
increase your bets as you
win and conversely decrease your bets as you lose.
The purpose of the reserve is to recapitalize one of your
bankrolls if the season starts out cold and you hit an
early losing streak.
In a typical year you should be cautious
weeks 1 – 4, be bold weeks 5 – 12,
and then revert to caution until the play-offs and bowl games.
This is a simple money management scheme and we’ll
coach you on taking profits or when to use your reserve
as the season progresses.
There are more sophisticated methods of money management available,
but for most people this method should work just fine.
We will keep track of our hypothetical bankrolls
using this method.
This should give you a start in the right direction.
As the year progresses we will discuss how a football season
is really 4 seasons, each of which must be bet differently.
We'll discuss the importance of the line or point spread and
which line moves are significant and which aren’t,
as well as recap for you weekly where the syndicate
(Gambling Syndicate) money was placed as well as
how the sports books themselves actually fared.
We trust you will find reading us enjoyable and informative
and look forward to the season.
back to top
|
