How to Profit From Sports Gambling

The goal for sports punters is to earn a profit whilst enjoying our favourite sport. The sad truth is that for the majority of gamblers, this is an elusive dream. However by developing and carefully following a stratagem anyone can make this dream a reality.

There are two factors to consider to profit from sports gambling:

  • Bet Selection
  • Staking Plan

Bet Selection

The first, Bet Selection, is obvious – we need to back winners at least some of the time. Let’s consider Horse Racing, anecdotally there are many professional punters who earn a comfortable living from picking horses, but the key word here is professional. Research and analysis of each horse in the 59 racecourses across the UK takes a sizeable amount of time and experience. If you want to be successful then it’s a full time job! For the majority of us this means we have to use the advice of experts to do some of the legwork for us.

Horse Racing Tipsters

UK horse racing has no end of self-proclaimed “experts” on the Internet charging up to £100 per month. When selecting a horse racing tipster the most important factor we need to consider is long term results.

The Internet is awash with tipsters who have had one good month but then go on to post a loss for the next six – but you will only see this one month on their home page! Never follow any tips without first checking the tipster’s full result history. Choose a tipster who publishes all their horse racing tips history, ideally where the results of the tips are published the next day along with a complete history of all their tips.

Take a look at a Tipster Proofing site such as Racing-Index who grades the results for a number of tipsters. Consider which tipster gives you gave for money and fits with your own betting profile – can you actually place the 100s of tips each month some tipsters require?

Following tipsters alone is not likely to earn us riches – the best tipsters are locked out for new members or charge such high rates that any profits are lost immediately. The solution is to develop our own system using tips from expert sources combined with our own research. This is the strategy successfully used in greyhound racing by followers of the site. As with most things; the more you put into your system the more you will get out.

Staking Plan

Once we have a betting strategy in place it is time to look at a staking plan. The simplest is Fixed or Level Stakes where we simply bet the same amount, for instance 2% of our initial betting bank, each time on our selected horse, however we would want to increase our wagers as our betting bank grows. This leads to Percentage Staking where a percentage of the current betting bank is wagered each time. This means as we win our stakes are larger and conversely the stakes shrink when the betting bank decreases.

However, intuitively we know these staking plans to be overly naive as we would be putting the same amount of money on a horse with low odds compared to a horse with high odds. As we are looking to maximise our profits we should be putting a larger stake on a low odds bet as the return will be less.

To find the optimal staking plan we could take a correspondence course in statistics and dedicate several years into research. Fortunately we live in age where this research is at our fingertips. From probability theory we have the Kelly Strategy where the optimal percentage of our betting bank is calculated from the odds of the bet and our own estimate of the probability of the horse winning.

Using an online Kelly Strategy Calculator just feed in the values to get the percentage of the betting bank to put on each horse. Now the Kelly Strategy can give us some scary percentage stakes if we have an initial run of high odds horses so we could adapt it to a Half Kelly Staking Plan where we wager half the percentage advised by the Kelly Strategy. This would result in a slower accumulation of gambling profits but a less hair-raising ride.

The most important sports gambling advice to heed is only bet with funds you can afford to lose. Always gamble responsibly – if you feel you need help and advice with problem gambling visit http://www.gambleaware.co.uk.

The Day I Decided To Stop Gambling With Gamblers Anonymous

Everything was going perfect for me in life. Good job, good home, good life and good friends. Until one day some friends asked if I wanted to go to the casino. By the time I realized it, three years of my life were gone and I was in debt. It was time to quit.

The day I decided to stop gambling I was depressed and relieved at the same time. I couldn’t go on any longer. I thought all my hopes and dreams were shattered. I couldn’t tell anybody what I was going through. I was afraid that they would be disappointed in me. I remember the first day. I was nervous and anxious. I had a hard time focusing at work. This was not my first time trying to quit. I was sure I really wanted to quit, but wasn’t sure if I could quit.

The day I decided to quit I had no where to turn. I found it was difficult to talk to my family and friends about my problem. I began to do research and found Gamblers Anonymous. I wanted to give Gamblers Anonymous a try. I happened to have met a lot of nice people there. They welcomed me into the group and made me feel comfortable. I had tears coming down my face and my anxiety kicked in. I was very quiet buy my emotions were running wild inside. I made it through my first meeting and was somewhat looking forward to the next one. As each week passed new members would join and others would disappear. This became a weekly event. Who was going to come back and who was going to stay?

I continued to go to my Gamblers Anonymous meeting on a weekly basis. I was always afraid some one would recognize me. The turn over was extraordinary. Each week as I entered the meeting my heart began to race until I was sure I didn’t know any of the new members. It was the tenth week and an old co-worker of mine walked through the doors. We hadn’t worked together for over ten years. I thought about leaving but I decided to stay and try and work it out. Unfortunately he did not keep the Gamblers Anonymous code. He had told a friend who told another friend until it got back to me. It was unfortunate, but I dealt with it and moved on.

I and others unfortunately had other situations occur that were not very positive for us at Gamblers Anonymous. I still thank them for putting me on the road to recovery. From the first time I entered Gamblers Anonymous and followed up with the website I Stopped Gambling So Can You http://www.istoppedgambling.com/

I believe I am on the road to recovery. I take one day at a time and allow myself the option to gamble or not to gamble. This helped me to take control of my life. By allowing myself to make the choice the amount of stress on me has been significantly reduced.

A month after I stopped going to Gamblers Anonymous meetings, I ran into one of the members. He was curious at how I was doing and asked me if I would be there next week? I told him I would try and make the meeting. I popped in a few times more to tell them how I was doing. They were all glad to see me, but I wasn’t in compliance with the rules of Gamblers Anonymous, so I decided not to go back. In this particular group I attended, they have rules that do not allow a member to comment during therapy if they did not attend four consecutive weekly meetings. I respected their rules but realized it was time to move on. I told the group and thanked them very much for putting me in the right direction and left.

After this experience I created a website that would allow people to be themselves as they recover. This site is also the closest to anonymous you can get. There you will also find a private stop gambling chat room and a self help manual to help gamblers stop compulsive gambling addiction. The website is I Stopped Gambling So Can You http://www.istoppedgambling.com/.

My experience from Gamblers Anonymous meetings to now has helped me to stop gambling. I stopped so can you!

Online Sports Betting – Weigh Your Options

There are two kinds of sports enthusiasts; those who go out there and actively participate in sports. Others sit in front of their television sets and get their dose of action. But somewhere in between on the blurry line stand sports lovers who make it their business to profit through their understanding and knowledge of a certain sport. After all, every sports fan thinks he can do a better job than his favorite team’s captain or marshal his resources better than the coach. So why not prove it and make some bucks through Online Sports Betting?

But like any sports action full of thrills and edge of the seat excitement isn’t for a week hearted fan, Online Sports Betting isn’t for faint hearted either. You might think you know best about your favorite sport, but things might not go your way on a given day. Like on sports field when overwhelming favorites get knocked out. So always weigh your options carefully before placing your bets and remember false bravado won’t get you anywhere.

If you are in America, you’d probably want to bet on your favorite sports like Basketball, American Football etc. The basic principles for online betting, be it American Basketball Betting or American Football Betting, remain the same. Your job is to beat the oddsmaker and make some money, while in the process you can have some fun as well.

There are different types of bets you can make and there are variations of these available with several online betting companies. It’s important to specify the kind of bet you are placing, which might be tricky for a starter.

Here are different kinds of bets you can make with bookmakers:

  • Straight bet where you bet on the winner at odds that are already given. It’s often termed as single bet as well.
  • A point spread bet makes things even more interesting and can either work in your favor or go against you. The favourite has to beat the underdog with certain number of points or goals according to your bet. Even if your teams wins but doesn’t beat the other team by sufficient margin, you won’t be making any money.
  • The Moneyline bets work exactly the opposite of point spread method, and can take some getting used to. It’s best to leave such bets till you get a hang of the system.
  • The total bet is placed on number of points or goals scored in the match, depending on what sport it is. It has nothing to do with the winner or loser, and can even out your chances.
  • An accumulator bet is when you pick your winners in more than one game. The winnings of your first game are parlayed onto the next one for further profits. However it’s imperative that you win the first game else it’s only considered as a single bet.
  • You can make bets for future games too. Some bets are open at the beginning of the season and you can pick your early winners.

Sports betting online isn’t as complicated as you think and can be a lot of fun.

Maple Story 4th Job Guide – Easy Tips For Long-Time Players

When you reach level 120, you’ll be able to get new job advancement. This is the last one you’ll ever need, and it’s also the most powerful for any class. Here’s what you need to know about each class’ individual advancement:

White Knights become Paladins, Dragon Knights become Dark Knights, and Crusaders become Heroes. Priests become Bishops, Mages become Arch Mages, Rangers become Bow Masters, and Snipers become Marksmen. Hermits become Night Lords, and Chief Bandits become Shadowers.

In every case, in order to get the Maple Story 4th job, you need to talk to the NPC you spoke to in order to get the 3rd job advancement. Then you’ll be told who to meet to get the 4th job. For Bowmen, the NPC is Legor. For Warriors, it’s Harmonia. For Magicians, his name is Gritto, and for Thieves, it’s Hellin. All 4th job advancement NPCs will ask you to get two items: a Heroic Star and a Heroic Pentagon. They’re dropped by Griffey and Manon, but you can also get them by giving a Secret Letter of Spell scroll to Chief Tatamo in Leafre. You can buy said scroll in the 44th floor of Eos Tower from a someone named Vega. It costs 10 million mesos.

Take Heroic Star and Heroic Pentagon to your 4th job advancement NPC and he’ll give you a new skill book. Talk to him again and he’ll give you your new job. You’ll be rewarded 3 skill points and 5 ability points as well. To get most of your 4th job skills, you have to do quests.