Month: August 2004

Betting Facts Wagering Fiction


Betting Facts Wagering Fiction

All of us remember when the idea of gambling made people feel uneasy. This might surprise you, depending on your age, but it wasn’ capital t actually that long ago. People could associate sports betting with extremely negative connotations. Anyone who choice on sports was basically considered a degenerate.

Thankfully, the general attitude to sports betting has changed a whole lot over the years. Sure, there are still some individuals who think it’ ersus wrong, but they are in the fraction now. Sports betting is finally starting to be considered a socially satisfactory pastime.

1 result of this change in attitude is that sports betting gets mentioned a lot more. People can talk about it freely, without worrying regarding being judged. That means there’ s a lot more available information on the subject. There are many websites specialized in sports betting, for example , and even the major sports outlets cover wagering extensively.

It’ s great that gambling is mainstream now, which there’ s plenty of available information. There’ s a slight downside too though. Most of the information that’ s to choose from isn’ t entirely correct. Some of it isn’ to even CLOSE to being exact.

We think it’ s important that you know the truth about sports betting before you get started. There are some facts that you should know, and several myths that you shouldn’ capital t believe. That’ s why we’ ve written this article. We separate the actual fact from the fiction, so that you find out exactly what you’ re getting into.

Sports Betting Can Be Addictive
Any individual can get addicted to sports betting. Which includes YOU. Don’ t make the mistake of thinking you’ re also immune, because you’ re also not. No-one is. It doesn’ t matter how intelligent you are, or how sensible you will be. It’ s all too easy to get carried away and let things get out of hand. Any form of gambling can easily have this kind of impact.

We’ re certainly not trying to discourage you coming from betting on sports below. We just want one to know that addiction is a risk. If you have an addictive individuality, or don’ t possess much discipline, please consider whether this is the right activity for you.

If you do decide to go ahead and start betting on sports, be sure to arranged a clear and affordable pay up how much you’ re happy to spend. Then stick to it, regardless of what happens. NEVER bet with money that you can’ t afford to lose.

Getting Started is Easy
Here’ s a more great fact for you. The basics of sports betting are very straightforward, and there’ s not much it is advisable to learn. So getting started is certainly nice and easy. In fact , in case you follow our quick start off guide to sports betting then you’ ll be placing gambles before you know it. There are just five steps you need to take.

Set a budget
Decide what to bet on
Join a betting site
Learn about odds
Learn the simple wagers
Our quick start out guide explains each of these steps in detail. It doesn’ t take long to read, thus go ahead and take a look. As time goes on, there’ ll be a lot more info that you’ ll want to learn, but that can wait for right now.

You’ re Probably Going to Lose
Although it’ s painless to have started with sports betting, winning money isn’ t practically as easy. Realize that you’ re also more likely to lose than get. You may win some of your wagers, but you’ lso are probably going to lose money general. This is why it’ s so important to set an affordable budget.

Again, we’ re not telling you this to discourage you. We perform want you to have genuine expectations though. If you’ re expecting to make easy money, you’ re only going to end up disappointed. It’ s hard to beat the bookmakers, even if you know a lot about the sports you’ re betting on. Few people pull this away.

Does this indicate you shouldn’ t also try?
By no means!
Millions of people all over the world regularly bet on sports activities. Most of them lose, so why do you consider they keep spending their money?

It’ s because they ENJOY it.

Sports betting is a lot of fun, and it’ s one of the main reasons why it’ s a popular choice. It’ s a form of entertainment like any other, and losing money on wagers is simply the expense of that entertainment. The chance of truly winning some money, however less likely, just makes it even more interesting.

Don’ big t be discouraged by the fact that you’ re probably going to reduce. There’ s a good likelihood you’ ll have so exciting that you won’ t actually mind.

Sports Betting CAN Be Profitable
No, we’ re certainly not contradicting ourselves here. All of us said that you’ ll MOST LIKELY lose money, not that you Most certainly. There’ s a big difference.

Don’ t consider the people who say that wagering is for suckers, and that the bookmakers are the only ones who have make any money. This is not really true.

Certainly, most bettors lose. That’ s a fact. But it’ s also a fact that some bettors DO make a profit. There’ s no reason why you can’ t do the same.

It’ h possible for ANYONE to make money from gambling on sports.
Is profitable sports betting easy? Absolutely not. There are no techniques to success, and no remarkable systems that are guaranteed to win. The only way to be successful is to continue to work hard. Very hard.

Regrettably, this is why most people lose. That they don’ t lose mainly because it’ s impossible to win, they lose because they’ re not willing to put in the required time and effort. Will you be? The rewards are there pertaining to the taking if you are.

Sports Betting is All About Chance
We notice this a lot. It’ ersus nonsense. Playing the lotto is all about luck. So is playing slots, roulette, or any other casino game. Betting about sports is NOT in the same category.

We would never deny the fact that there is luck involved, simply because there will be times when we win a wager we didn’ t deserve to or perhaps when we lose a wager we should have won. We’ re ultimately in control of our destiny though.

The decisions we make will have a huge impact on whether we win or shed.
We’ re successful sports bettors, but is not because we’ re luckier than everyone else. We make money because we take the right way of sports betting. We know which ways of use, and how to use them. We’ re skilled at identifying value in the betting marketplaces, and we spend a lot of time in research and analysis.

We’ re actually pretty insulted when people try to claim that we are only good because we are lucky. We’ re good at what we do, and we’ ve EARNED our success by putting in the hours.

If you manage to succeed as a sports activities bettor too, don’ testosterone levels ever let anyone let you know it’ s just because you’ re lucky. It’ lmost all be because you functioned hard, and consistently made good decisions.

There’ s a reverse side to this though. Don’ t be too swift to blame luck when items don’ t go the right path. While it’ s simple to assume that you’ re just experiencing an unlucky burning off streak, that’ s not always the case. Sometimes your failures will be the direct result of the mistakes you’ ve manufactured.

Blaming your losing streak on misfortune isn’ t going to fix the problem, so make sure you’ re honest with yourself. Review what you’ re performing, and make adjustments as necessary.

You Need to Be a Math Genius
We’ ve got to be honest with you, there’ s a lot of math involved when betting on sports. Figures are everywhere and they are important. Understanding how to manipulate numbers will let you substantially.

Should you be a math genius to have success though? No . This is a whole myth. A myth that gets repeated very often, although a myth nonetheless. We all personally know several people that make a decent amount of money from sports betting, despite not being mathematically inclined.

You will need to do SOME calculations when gambling on sports. There’ h no getting away from that. Many of these calculations are pretty fundamental though, and relatively easy to perform. So there’ s virtually no need to worry if math is certainly not your strong point. This kind of won’ t ruin your chances of success in any way.

Betting at High Chances is More Profitable
We get why people think this. The higher the odds, the larger the potential payout. The key term here is “ potential” though.

Imagine we all gave you the chance to bet on the first credit card dealt from a recently shuffled pack of homemade cards. We offered two practical wagers, as follows.

$10 to win $100 on the card being the seven of diamonds.
$10 to get $20 on the card becoming any other card.
Which wager would you go for?

You SHOULD choose the second one, and you hopefully know why. The first of all wager has higher chances, and the potential payout is much better. There’ s only a very small chance of winning this kind of wager though. The payout is lower on the second gamble, but you’ re really likely to win.

Do you see where we’ re going with this? The odds in sports betting are always related to the chances of a wager earning. The more likely the wager is always to win, the lower the odds will be. The less likely the gamble is to win, the higher the odds will be.

When choosing to bet at bigger odds, you are lowering your chances of winning. This is counteract by having the opportunity to win a lot more money. Ultimately, it’ t no more or less profitable than betting at low odds in the long run.

What matters is the VALUE that the odds represent.
Value is calculated by comparing the odds of a guess to the chances of that guess winning.

When the chances of winning are more than the odds suggest, a guess is said to have positive benefit. When the chances of winning happen to be lower than the odds suggest, a wager is said to have harmful value.

Confused? Don’ t worry. We explain value in more fine detail in the following article.

Identifying Value in the Betting Odds
If you are serious about making money via sports betting, then you are going to want to have the time to read through this article. Value is a crucial concept that you’ ll have to appreciate to be successful.

At the moment, just know this. The size of the odds is only ONE factor to consider when placing the wagers. Don’ t ever before bet at high possibilities solely because of the potential for bigger payouts, as this approach will certainly cost you money.

Progressive Betting Systems Do the job
This particular bit of fiction is dangerous. Should you only take one thing away from this information, please let it be that progressive betting systems DON’ T work. They are fundamentally flawed, and ultimately pointless. If you don’ t when you go broke, then we suggest avoiding them completely.

What ARE progressive gambling systems?
We almost don’ t desire to answer this question, as we could argue that it’ t better not to know. We don’ t want you searching elsewhere for the information nevertheless, and getting bad advice. From the tender it goes.

Progressive betting systems require adjusting our stakes depending on the results of earlier wagers. There are two primary types.

Great progression systems
Negative progression systems
With positive acceleration systems, our stakes are increased following a win and reduced following a loss. So , for example , we might go via $20 to $25 after having a win. And from 20 dollars to $15 after a damage.

The theory behind positive progression systems is that we can make bigger profits when we go on a winning streak, and minimize our losses when we go on a losing streak.

We recognize the logic here and realize that these systems are relatively harmless. They do absolutely nothing to boost our overall chances of earning, but they’ re not likely to cost us substantially either.

Bad progression systems, however , are generally not harmless. These are basically the change of positive progression devices. Stakes are increased after a loss, and reduced after a win. The theory here is that by increasing our pegs after a loss, we’ ll be able to recover our past losses when we do gain.

The logic might seem sound, and that’ s exactly why these systems are so dangerous. It’ s very easy to believe that regularly increasing stakes after failures will ultimately result in a revenue. Everyone wins eventually, right?

This is true for an extent, but losing streaks can last for a long time. By continually increasing the stakes after each loss, the levels can easily get so high that they’ re unaffordable. And that’ s when the whole system breaks down.

If you really want to know more about modern betting systems, we’ ve covered them more substantially on the following page. PLEASE remember that they simply don’ big t work when betting upon sports though.

Progressive Betting Systems
Online Betting Is certainly Not Safe
Is it safe to bet online? This is something we hear a lot. All of us always say yes, nevertheless a lot people don’ big t believe us at first. They need convincing before they’ ll consider our word for it. Normally, this is because they’ ve been told otherwise. Although online betting has been around for over twenty years now, and is a legitimate and regulated industry, the myth that it’ s not safe nonetheless persists.

The natural way, in the beginning people were skeptical about betting online. We were as well! The internet was still relatively new and the idea of depositing our funds online to place real money bets was daunting to say the least. Could these betting sites be trusted with our money? Were they going to pay us our winnings?

We were right to be worried about the safety of online wagering back then. These sites were not getting regulated, so it was difficult to know whether or not they could be relied on. We just had to require a leap of faith. Unfortunately, it had been that some sites COULDN’ T be trusted. We got scammed a couple of times, as performed many others.

It’ s VERY different these days.
Let’ s be clear. There are still some betting sites that can’ t end up being trusted. The difference is that it’ s a lot easier to avoid these people. There aren’ t quite a few, and they are easily outnumbered by simply sites that have PROVED they are often trusted.

You will discover countless betting sites which have been fully licensed and regulated, previously being around for a very long time. These websites have good track records, and their reputations cannot be known as into question. The fact that such sites exist, and service millions of customers all over the world, is more than enough proof that online betting IS safe. It’ s just a matter of making use of the right sites.

We can help with that. Each of our recommended sports betting sites have the ability to been thoroughly checked out, and that we can assure you that they’ re as secure as they come. They also affect provide a very good service, which is why we recommend all of them!