The risks of betting on teams you do not know. Bet only what you can afford. Define a bankroll at the beginning of the season and stick to it. Define a staking system and stick to it. Do not bet on teams or leagues that you don’t know anything about. Try to specialise on chosen leagues. Do not assume that you will win every bet. Instant success Once you have established your betting bankroll and obtained the methods necessary, you can begin to ‘gamble’ and bet on the selections that you feel confident with. Many professional gamblers will bet on less than 40 different selections per week.
Once you have reached a satisfactory level of income (based on your diligence in the chosen leagues) then you can gradually reduce the amount of bets you place on the same individuals or teams. The key is to work in a small, regular amount of bets, rather than a big, one-off bet. gamble for a living I highly recommend you seek professional assistance and start low!
I also recommend an affordability point when approaching a new system; if you can afford a return of 10% on your betting bank then, well, you can probably start with a smaller system. Most professionals will advise you to start off by placing one to two bets on a hopeful football team or player, however, the fastest way to earn money is to place bets of around four to five percent of your bank. So if your bank is $10,000 it should not take very long to turn it into $10,000 within three months.
If you take a more practical view, and view all along the way, then you are looking at being in the region of 15% to 20% of your bank, in effect over the course of the football season, or PhD the accumulator method, then you could be looking at being in the region of 60% to 70 bets during the PhD.The real benefit of accumulator method is that as you build the bank, and your confidence level increases, and you find that you are winning largest percentages of your bets, then you are increasing your confidence level as a handicapper as well.
Then you can increase the number of bets you place on the same team or player, or both. The star of the show always wins and you are the dog.
You will have built your confidence level much higher that when you first began and you will have a more realistic grasp of the capabilities of a novice punter. It is more important to limit losses than it is to gain ground. It should also be the opinion of one handicapper to follow his gut in every sense however, bet only when feeling confident in making the call.
The risks of betting on football teams and leagues you do not know.
The risks of betting on teams you do not know. There are a number of Follow the Fortunes systems that stress similar themes. May I recommend you begin with either of the following: 1. If you are looking for a quick way to earn a few hundred, then my advice is to read the instructions and rules carefully before you start betting.
2. If you are out to make a long term profit, and are prepared to follow the variations and tray instructions, then you can start with a small bank in your online account from which to build up. Every system of bets must be learned slowly and the cost when it is applied are low. I will consider a sample graph of the variations of the UEFA Cup odds from 3 different syndicates I was in, and I will use the same data set to analyse the results of the 2008/2009 UEFA Cup.
I will consider the data as follows: 88 + 2 Draw + 2.1 11 4 – 0.85 40 – 1.2 27 + 2.2 11.8 4 + 1.35 20 + 1.4 7.4 + 0.7 17.7 + 0.7
The + and +12 matches were not played in the Cup, while the corresponding + and – numbers were included. Odds were highest in the first group, and – least in the second. Finding another variation of +12 to -2.2 actually required an odd of almost 11-1 to make the Draw, an almost 11-1 payout if you consider the 2.1 place paid to the team finishing highest.
You can see that the top of the graph will normally produce a Payout of around 94 pence, and the bottom – the payout will be around 89 pence. The green areas show the total predicted number of times the system will return a profit. Red means that the system will fail to predict a profit. The theory is that the probabilities are too high, and will therefore always fail to tip a profit. In the medium to low range, there is a profit around 16% of the time. Finally, the top of the graph will produce around 24% of the profit, the bottom – around 16% of the time.
Credit : ufabet168