Bet Advice
My thoughts on horse race gambling
Becoming a winning gambler is often described by gambling pundits as ‘the hardest trade there is’. I happen to believe this adage to be completely true, obviously not because it is physically hard, nor because it requires genius levels of intellect, but simply because it is an industry recognised fact that of all the people who try to achieve it, only about two percent (2%) of them actually succeed!
The reasons for this are many, but by reading and implementing the advice on this page, YOU will be arming yourself wisely for your battle with the bookmakers and other layers who you are pitting your cash against.
STEP 1. Bet Source
Obviously, the most important element in being a pro-backer is a dependable source of quality information.
Whoever you choose to supply your selections, you must do your own research to ascertain whether they are worth following.
To do this, you have to go by their previous betting performance, and the only way you can judge that is if the source can provide a GENUINE & PROOFED set of past results that you can easily access and verify for yourself.
Naturally, all of my advised bets are proofed and listed, check out my past results link.
STEP 1. Bet Source
Obviously, the most important element in being a pro-backer is a dependable source of quality information.
Whoever you choose to supply your selections, you must do your own research to ascertain whether they are worth following.
To do this, you have to go by their previous betting performance, and the only way you can judge that is if the source can provide a GENUINE & PROOFED set of past results that you can easily access and verify for yourself.
Naturally, all of my advised bets are proofed and listed, check out my past results link.
STEP 2. Betting Bank
It is ESSENTIAL that you only use a strictly segregated amount of capital to bet with. This is known as the betting bank. The initial amount you decide to start with will depend on your personal circumstances.
NEVER use an amount that is beyond your means, or money that should be used to pay your essentials! Doing so will only put an emotional strain on your betting, and emotions need to be put under wraps as far as betting goes!
It is preferable to use a separate bank account for your betting fund as this will make it far easier to administer your betting in a business like way, and ensure that your winnings are kept separate from your earnings.
STEP 3. Bet Accounts
Open multiple bookmaker and betting exchange accounts. The two main reasons for this are to ensure a good comparison of betting prices (odds) on our selected bets, and to spread out our stakes to help prevent our accounts being limited or closed down.
It is a fact that if you prove to be successful and make money consistently, bookmakers will quickly limit your stakes or close your account with them. Yes, it does happen, and although it may give you a warm feeling of victory, remember that to gamble we need someone to gamble against!
Spreading a £100 stake between four or five accounts is far better than lumping it all on one for example.
STEP 4. Staking Amounts
Always remember that we cannot expect to win every wager that we place. There is no magic formula that can guarantee us victory every time. In other words, we will unfortunately experience losing days.
For this reason, it is ESSENTIAL that we protect our betting fund from these eventualities by wagering wisely. We must ensure that we only bet using LEVEL ONE POINT STAKES, and that we divide our fund up into an adequate number of one point units.
These amounts will vary according to the individual strike rate of a particular backer. Check out my STRATEGY page for more details on this very important subject.