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Gambling Myths 101
Myths and rumors come with every gambling game. However undesirable, they can be a good source of recreation. The major cause of these beliefs and tales is the uncertainty related with gambling.
Slot machines were first played in the late...
How To Buy At Wholesale Prices
HOW TO BUY WHOLESALE Before we get into specific sources I need to dispense some general rules about dealing with wholesalers. The first is that you need to MAKE A SMALL EFFORT to be able to deal with them. Let me explain why as I’m sure your brain...
Red Sox vs Yankees
With the Red Sox and Yankees both fighting to win the division for the 2005 season I think we are in for some great baseball this October. If both teams make it into the play off, with one winning the division and the other winning the wild card,...
The basic trend in Lotteries
Gambling experts say that lotteries are a reasonable way to win some good money. For people fantasizing about quitting their jobs and winning some money for a long time use, lottery is the safest bet. You can buy a ticket with $1 or $5 and end up...
What Is A Good Weight For Poker Chips?
I have been playing poker since my college days. I went to a small school in western Massachusetts. The funny thing is back in those days we would use anything as poker chips. It was not uncommon for us to scrape our pennies together or even break...
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Sports Betting Tips
Before you place any bet on your favorite offshore sportsbook, you must have a strategy, one that you treat like an investment. There are two questions you must ask yourself before you gamble.
1) How much you want to win?
2) How much you're willing to lose?
There is no guaranteed way of winning, but if you can be smart about your investment, you can certainly reduce risk and maximize return. Set a reasonable target to reach using the amount you're willing to risk, and don't get greedy after you win or lose.
The biggest problems with gamblers are that they don't quit when they're up and will continue playing when they're down. This is the biggest mistake most gamblers make. And to be a real winner, you must not fall into this same trap. So before you gamble, keep in mind how much you want to win, and how much you can afford to lose. And stick with these numbers, once you reach it, cash in.
So what is a reasonable target? This really depends on how much you want to win and how much you're online sports betting each game. If you start off with $200 and want to win $2000 by playing $5 a game, then I would say this is not a reasonable target. You must
also understand the chances of winning for each game in order for you to set a reasonable target.
I know this may sound a little vague at the moment, but I will go in depth about different strategies for most of the popular games in my later issues. But for now you must learn to minimize risk and maximize return. The rule of thumb to follow is to have return on investment ratio of 2:1. So if you're willing to lose $100, then set a target to quit when you're up $200. Bet at an amount so that it takes you a maximum of 20 wins to reach the target. And when you're down, always leave at least half of what you now have to gamble. This way, it takes a lot of games for you to actually go down to $0. Never go crazy and just bet everything at once, you'll find that if you do that often enough, you'll always end up losing. Why? Well, if you're down to $50 now, and you bet it all, you may win and will probably keep online sports betting, but if you lose, then it is game over. The trick to never lose is to always leave some money for back up.
About the Author
Online SEO Copywriter, specialist in offshore betting and online sportsbooks like:
Las Vegas Sportsbook
Hollywood Sportsbook
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