Society & Culture & Entertainment Gambling

Is there money to be made from sports betting?

Well i must say that is a definite "YES" in the short term,but in the long term, that is another and completely different story,
and I do not pretend that it is easy,because it is not.Otherwise we would all be doing it.

Years ago,the only people to make money from sports betting were those people that were privvy to inside information.i.e.owners,trainers,jockeys, or stable lads, and also anyone willing to pay these people for their privileged information.
Today,the situation is vastly different.

With the power of the internet at our disposal,along with a multitude of online bookmakers enabling us to seek out and find some added value to our bets,we also have numerous betting information websites,exposing all the statistical betting information we could ever want!.It's surprising that with all this information at our fingertips, the bookmaking industry is still alive and kicking.

"But why is that"? I ask.

The reason is,and i hate to say it...it's "YOU"!, your inner self and your inability to cope with the distractions and pressures that go hand in hand with gambling.

So where are you going wrong?.

Some refer to it as the 'deadly sins of gambling', and if you cannot curb any of the following examples then you might as well pack your bags and high-tail it out of town!.

# Discipline. Do your research,do not go into a bet without obtaining all the possible information that you can.It's better to miss a winning bet than to back a loser.Control your betting bank,if you lose it all,you cannot have another bet until you have saved enough to replenish it.Do not go into debt to replenish it!.

# Emotions. Very handy things to have,but not where betting is concerned.Emotions make you do stupid and silly things in the betting world.i.e. backing our favourie football team,when you know that there is a good chance that you are throwing money down the proverbial toilet,better not to have a bet at all!.

# Chasing. Chasing is widely used in horseracing.i.e after a loss,backing the favourite in the next race without doing the proper research.Chasing is also widely used in cards,especially poker.i.e.betting on any hand you get,to try and make up your losses,but invariably the opposite usually happens.

# Over confidence. We all know this feeling,we're on a winning streak,nothing can go wrong,"i'm Invincible".So on your next selection or hand you go in 'big time',more than you know is sensible,and what happens,'you lose'.Then you start chasing your losses,then 'emotions' start to kick in,and before you know it your discipline has gone out of the window!.

Winning consistantly at sports betting used to be an art which took years of learning and practice to accomplish,not so nowadays.

With all the information you could ever want only a page away,it can be done!

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