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How to Manage Your Won Money at Gambling and Sports Betting from Busting It Up at Online Sportsbook
Have you heard stories about people hitting big jackpots, winning high staked all-in Texas Hold'Em poker or going on hot streaks in sports betting ??? Of course you have. And what happened with most of these (short time to get large amount of money) people ??? Simple answer -- they got a complex of being unbeatable and lost all the money they got in these short time and even went busting their entire bankroll in trying to get back on hot streak. Don't let that to EVER happen to you. All you have to do is to follow... RULE No.1: Maintain The Right Money Management. 1st and most important rule you have to implement is how much money are you going to maximum bet on 1 bet? These can either represent a: I myself bet 5% of my current bankroll and I change my stake every 2 weeks (that's 2x a month). That means that I start a year with the 1st day of NBA regular season and I bet a $1000 on a single bet. Then I change amount every 2 weeks BUT my stake is always 5%. Example: My starting bankroll is $20.000 and 5% is $1000. After 2 weeks my current bankroll is let's say $28.000 so 5% is $1400 and so I bet for the next 2 weeks $1400 on every SINGLE bet. But don't just read these lines here but... STOP READING AT THIS MOMENT and GET a decision HOW MUCH WILL YOU BET on every bet from now on !!! Take as many time as you want (minutes or hours I don't care) but please don't do it for my sake but DO IT FOR YOURSELF ! Believe me you will thank me more then once in future for these step you will MAKE NOW ! Let's continue to... RULE No.2: Always bet on SINGLE bets ONLY !!! The classic mistake an average bettor makes, is to bet on parlays. In any pro sports where any team can be defeated it is suicidal to bet on doubles or higher team parlays. Yes -- the odds are getting also higher but your chances are more rapidly falling then odds for winning this parlay is increasing. Fact: more teams you put in your parlays, the less chance you have to beat sportsbooks in the long run. You might win some parlays once in a while but in the long run you are just throwing your money away. And that's it. Stick with this simple 2 rules, obey them and you will be minimizing the risk of busting your entire bankroll in less then a week. The author of this article, Bruce Goldmayer - is a well known sports betting investor that also published From his website you can also contact him about any questions you may have regarding this article or his ebook.
Spin3*, a leading provider of advanced mobile gambling solutions powered by Microgaming (www.microgaming.com), the world's largest online gaming software provider, today announced that Vodafone UK (www.vodafone.co.uk) customers can now purchase casino credits via their monthly phone bills for the first time, providing an easy route to play Spin3-powered mobile casinos games. (PRESS RELEASE) -- 2008 has seen the Casino Rewards group of online casinos go from strength to strength. 19th online casino soon to be showcased by award winning CasinoRewards.com. Atlantic City casinos continue to suffer amid increased competition and rising gas prices. A tough economy and steep fuel prices are hurting Las Vegas and other casino areas. Relief might not come anytime soon Macau.com Partners Wine & Gourmet Asia 2008 as Official Online Travel Agency (PRWeb via Yahoo! News) Macau.com Partners Wine & Gourmet Asia 2008 and is appointed official online travel partner. Online casinos are letting gamblers get in on the action, laying down odds on the various vice presidential aspirants. Any minute now. Or, um, maybe this weekend. Casinos Why the scaledown? Latest manpower need for two casinos now said to be 20,000, not 35,000 as first stated; why the discrepancy, asks Andrew Loh, Online Citizen. LONDON, UNITED KINGDOM -- (Marketwire) -- 08/20/08 -- Parlay Entertainment Inc. (TSX VENTURE: PEI), the world's leading supplier of Internet and TV bingo software solutions is pleased to announce that Smart TV Broadcasting Ltd has signed an agreement to license Parlay's technology for its Internet and television bingo initiatives. 67 WALL STREET, New York--August 20, 2008 - The Wall Street Transcript has just published its Gaming & Online Games issue, a report offering a timely review of the sector to serious investors and industry executives. This 64-page feature contains industry commentary through in depth interviews with CEOs from 12 sector firms and 2 analysts. The full issue is available by calling (212) 952-7433 ... |
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