Friday, April 19th, 2019

Fail to plan – plan to fail

Successful punters make long term plans, but they know from past experience that even the best laid plans can fail for a number of reasons, especially when betting on horses; therefore it’s always wise to have a contingency plan.

Take a long term view with your betting but don’t make false assumptions that you have the betting game completely sorted for the near future. Monitor performance making necessary adjustments as and when they arise.

A Decent sized betting bank combined with a simple low risk staking plan will guide you through any trouble water that lies ahead.

The dynamics of long-term investment aren’t as you would expect, and even bookmakers lose money. You have to have a “Positive Expectancy” Which means although you may lose sometimes on the whole following a  proven system you should expect your profits to outweigh your losses over a season.

Learn to think with a “Positive Expectancy” and with a good plan there no reason why you won’t be profitable in the long-term. It is important to keep your expectations realistic, focused and attainable.

Jonathan Burgess

Jonathan Burgess is an official Betfair Accredited Trainer and racing columnist for various respected betting industry publications such as: Betting School, The Daily Punt and Betfair’s Education site. He also runs the Profitable – False Favourites Betting Tips Club Which cost just 24 pence a day. You can also connect with him on Facebook and Twitter

Digiprove sealCopyright secured by Digiprove © 2010 Jonathan Burgess

About Jonathan Burgess

Jonathan Burgess is an official Betfair Accredited Trainer and racing columnist for various respected betting industry publications such as: Betting School, The Daily Punt and Betfair's Education site. He also runs the Profitable - False Favourites Betting Tips Club Which cost just 24 pence a day. You can also connect with him on Facebook and Twitter

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