4 Simple Betting Strategies That Turn a Profit From Small Stakes
July 26, 2012 by Jonathan
Filed under Betting Psychology, Money Management, Recent Articles
The key advantage of small stakes betting is there is much less chance of having an emotional reaction to any series of losing bets. Ten losing bets placed at £3 each will only cost you £30, conversely using £15 stakes would cost you £150.
Although, everything should be considered relative, from an emotional point of view losing runs are much easier to deal with when the stakes are smaller. Therefore you should only increase stakes when you have mastered the art of emotional detachment from money.
Using a properly structured betting bank will help you to achieve this aim. The bottom line is placing larger bets outside your personal comfort zone will only cause you anxiety and should be avoided at all costs.
Unfortunately most punters are totally unaware that successful betting is not only based around choosing the right selections and obtaining value, but equally about mastering betting psychology.
Small stakes betting strategies you can use today:
- back fancied horses each way (as long as the odds represent value you`ll at least get your stake money back)
- back strongly fancied horses in each way doubles
- place forecast bets
- lay weak favourites contesting competitive handicap races (keep risks to an absolute minimum using this simple liability lay staking plan)
Find definitions to all the betting terminology you need to understand the world of online betting and gambling in general…here
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