If you want to survive in the game of sports betting, Footy Betting Tips in Tip then you have to use effective money management. I recommend that you follow these guidelines at all times.
- Only invest what you can realistically afford to lose. Best Football Prediction Today you have to remember that you really do not need to start with al a lot of money. I got started with only $100 dollars and I followed the system and my money has doubled over and over again over the course of years.
- Do not make your initial bet too high. Only invest 5% of your total bankroll for a flat betting system (in which you bet the same amount each time) and no more than 2% for a progressive system. You need to be patient here and allow your systems to do their slow and steady work.
- Increase your initial bets when your bankroll has increased by 25%. This will increase your earning power, Footy Betting Tips just remember to stick to the suggested percentages in #2.
- Remember to Diversify your portfolio. If you have a total bankroll of $1000 and 4 systems that you would like to use, then each system should be allotted $250 and you have to keep those amounts separate.
You have to be disciplined in your use of your systems and in your money management strategy. It can be difficult especially you are doing exceptionally well or if you are losing badly. You may be tempted to deviate from the systems or the money management guidelines in either of those situations. But do not, Free Football Predictions For Today just remain diligent and the rewards are sure to follow.
Footy Betting Tips in Tip?
The Internet and live telecasting of matches have made live betting immensely popular.The main difference between live bets and normal bets is the punters can gauge the motivation factor of how the players will perform or the playing strategy - whether there will be three strikers or 'a bus of defending players parked in front of their goalmouth'.The greatest advantage in live betting is the punters have exactly the same information as the bookmakers as the matches are being played. There is also a chance for the punters to bet at better odds if the opening odds are too low. The punters can observe the development of the game and make decisions as the match unfolds. This gives the punters an opportunity to make a 'U-turn' and reverse a bet when the situation necessitates.Live betting requires great discipline and patience. Emotion can run very high during a match and your decision can be just a click on the optical mouse. The following 7 golden winning rules must not be overlooked :7. CUT LOSS WHEN NECESSARYThe typical mindset of most punters is to hang on till the last minute, hoping and praying that their team will not let them down.Be decisive and cut your loss as soon as you realise the match is not flowing the way you have expected. Such decisiveness can save you bigger losses in the end.CONCLUSIONIn live betting, you must judge each situation on its own merits. Do not allow emotion to interfere with your judgement. This will only compel logic to fly out of the window, along with your cash.
Betting On Horse Racing ~ Sensible Money Management (Part 2)
The core of any punter's arsenal is the dutching calculator, which is indeed a very influential tool. Dutching (as reputedly named after Al Capone's accountant who liked to use this method to back horses) is an excellent way of wagering more than one horse in a race such that if either of them win then the return is the same no matter who wins.Dutching techniques are used when one analyses a race to find two, or more, powerful horses in the race. One then has a variety of options. The first, and simplest, is to leave the race alone. The next is to try to work out which amongst these candidates is the one to back or, thirdly, one can 'Dutch' them up that if any of these horses win then a profit can be made. This is where the dutching calculator comes into play.Dutching is the process used to back more than one horse in a race and by mathematically placing the correct bet on each horse so that whichever horse wins the same amount of money is returned assuming, of course, that one of the backed horses actually does win.Dutching calculator is a very powerful betting device and is reputedly named after Al Capone's accountant who used this to great effect when backing horses. This calculator for dutching tells you how much to stake on each selection to ensure an equal profit no matter which one wins. Simply enter the price for each of your fancied selections in decimal format and your maximum total stake below.In particular, this dutching calculator allows one to bet with a preset stake or to get educated how much one should wager to return a fixed profit, it at all possible. In addition this calculator for dutching allows the user to enter either the traditional fractional odds or the 'American' decimal odds as used on the betting exchanges.Enter in the Stake box the figure that you wish to stake in total or enter in the Profit box the revenue you are looking to make with a successful Dutch. Then add in each of the boxes place the odds of the horses which you wish to back.This Dutching calculator, despite its simple interface, has a variety of features. First, the prices can be entered to either the decimal format (as seen on the exchanges) or in partial format (as used by bookmakers). If the price entered has a '/' (e.g. 100/30) then the Decimal format is unspecified.Second, with calculator for dutching, one the user can select the answer required. The user can choose between the "I have a £100 to place on this race, how do I divide it up?" option and the "I would like to win £100 on this race.Third, it figures out the revenue (on a successful bet, of course) and the ROI% (Return on Investment) so that the user can work out if this Dutching bet is will be profitable, as no one wants a negative profit, and worth the risk.In big fields, no matter what the sport, more often than not, you'll fancy more than two probabilities. Rather than pick one and kick yourself when the one you neglected compels, it's rational to 'Dutch' and back them all - and you can get surprisingly first class returns as long as the prices are big enough. With the use of dutching calculator, all of these possibilities can turn into a reality.