Fail to plan – plan to fail
May 6, 2010 by Jonathan
Filed under Essential Reading, Money Management
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.
Copyright secured by Digiprove © 2010 Jonathan Burgess
Copyright secured by Digiprove © 2010 Jonathan BurgessLearn how to make realistic profits from betting
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