Horse Racing: The Secret Of Thinking Big Money And Not Thinking Small Money

The secret of thinking big money and not thinking little money is a frame of mind the player need to have if he or she is to make big money. The mass majority of players that consider Return On Investment (ROI) in racing usually consider making a few hundred dollars in profit over a few wagers spent. Or an ROI of a few cents or nickles on the dollars. There’s another way which is as simple and straight forward but much more powerful. This is the case where you intend to play racing as a job or career and play 1,000’s of races over several or more years and not as a pass time.

An example: in the course of 10 years exact at any major track in the USA when the money is summed for all wager types for such a time period it adds into more than several millions of dollars. If you sum the total for 4-5 major tracks it reaches over $30,000,000 for that same period. $30,000,000: THAT’S REAL NAVY, SON! If you’re thinking about getting 5%-70% of that then you’re thinking big money, big business and not gambling. Why? Because you’ll never see the day when gambling will net you that type of money. You need design and not luck.

Thinking small money will not do so either. And you can put your money down on that and win. The secret of thinking big money and not thinking small money in racing is to think big money in the right way. To repeat: the right way. Of course you can play the pick 6 and get lucky but you can’t repeat it at will. It was just an accident. The money is just as real of course. There’s a way to know statistically and of seeing the game a certain way. There’s a way to create a flexible firm plan.

An example of Return On Investment or ROI. In one year exact you put $500 in A and $600 in B investments. You get back $75 on A and $90 on B in profits. Turn each into a fraction and turn each into a percent. Such as: $75/$500 = 15% and $90/$600 = 15% respectively. Another example: in one year exact you put $1,000 each into investments A and B. You get back $75 and $90 respectively in profit. Turn A and B into fractions and turn each into a percent. Such as: $75/$1,000 = 7.5% and $90/$1,000 = 9% respectively. This is called rate of return.

To obtain a large percent of that money and the way to do that is to know and practice handicapping and profitcapping very well. Handicapping is predicting the order of finish positions of races well. Profitcapping is predicting the profit to be made from the in money positions from wager types and the payouts over months and years while dealing with each race on an individual and personal one on one basis. Don’t seek to make a few hundred dollars but 100’s of 1,000’s of dollars or a few millions of dollars. For this you need a business, a statistical and a thinking big money view-point. This is partially the secret of thinking big money and not thinking small money.

Making Money Using Gambling Systems to Supplement Your Income – The Truth

To many people, the life of the professional gambler seems glamorous and inviting. But as in most cases in life, gambling, like any profession that offers the possibility of high rewards, is difficult and demanding. The truth is that most people who manage to make any profit from gambling over the long haul, work very hard, and have to sacrifice to earn the money.

When I say earn, I mean just that. I don’t mean to discourage you if you have your heart set on being a professional gambler, but knowing what you are getting into before you begin is one of the best ways to make sure you will succeed. You can make money from gambling systems if you have enough money to fund your bets and support you while you learn the game and adapt the system to suit your own talents and style, but being under funded is the number one reason that many gamblers fail. Gambling, even if you are very skilled, still involves risk and therefore losing streaks. It takes money and discipline to survive the lean times.

Surviving the losing streaks financially and emotionally is the mark of a true professional. One thing that professionals use to keep their sanity and not go on tilt permanently is statistics. I know you think that statistics are used by many gambling systems to beat the games, but they are also used to reassure the players that the tide will eventually turn in their favor. That is the strength of a system, whether it is a poker, blackjack, roulette, horse racing, dog racing, craps or any other system.

That is the good news about using a systematic method to beat any game. The not so good news is that no one is going to sell you a way to make a killing at any game right out of the box. You will have to take the information they give you, adapt it to your own talents and style, and then work very hard and endure the ups and downs of the gambler’s life.

When I say adapt the system, I mean that a good gambling system will teach you certain statistics, or situations to look for in any game. For instance, a poker system might teach you how to figure pot odds and play position, while a horse racing system might teach you how to spot an overlay or a false favorite. The most important lesson you can learn from any gambling system is how to spot a good bet. But any of these lessons will do you no good unless you have the personality to take advantage of them.

For instance, if you are a person with a limited attention span who needs fast action and stimulation to remain focused, grinding out a living sitting for hours counting cards at a blackjack table won’t work for you. On the other hand, a system that teaches you to scan the toteboard at the race track and to spot an overlay and then to bet and see the result of the bet in two minutes, may be better suited to your personality type.

Finding the right system to match your personality is the most important part of gambling success after understanding what you are up against, of course. The next most important step is taking the time to learn how to gamble successfully while making small bets. To learn any other trade, you have to go to school or learn on the job. The same is true of gambling. So research the games and systems to find what is best suited to you and then prepare by practicing and slowly increasing bets as you learn the game. That is the best approach to success in any endeavor.

The Number of Ways to Make Money Online Has Increased – What is an Affiliate?

Technology today allows people to easily access everything they need by a clicking away. Online marketing, online shopping, online gambling, online jobs the online world is definitely becoming more popular. The addition of portable online devices such as the iPad and more capable mobile phones has helped this trend. Existing businesses are trying to keep their profit and increase their market share by making money and doing business online.

Since experiencing global economic crisis the number of jobless people have increased and they are now more people dedicating time on searching ways on how to make income online. Online jobs such as home based freelance essay writing and home based data entry are among the popular search on how to make income online. People must be very careful in choosing the legitimate websites that offers ideas on how to make income online. However there are a lot of legitimate websites offering ways to earn.

One way of earning online is by advertising your product or services or other people product or services as a affiliate. When we speak of affiliate marketing, this means transactions between online businesses and website owners. Website owners make and post advertisements on their sites that support services and products of their business partner. Both parties involved in affiliate marketing achieve shares of profit. You can easily earn profits with affiliate marketing through these three ways:

PPC (Pay per Click). This is one of the most famous ways to earn profits in affiliate marketing. This generates money during every customer visit in one of the products websites. Website owners usually provide a link to the products official website Website owners earn profits with each click of the visitor. Click amounts can be dollars or cents, which relies on the commissions amount and product.

PPS (Pay per Sale). Similar to Pay-Per-Clicks, Pay per Sale is another affiliate marketing tactic. Website owners also advertise the products of their business partners on their site and gains percentage or profits through every sale made because of website advertising.

PPL (Pay per Lead). This becomes effective when consumers register at the products official website because of website owners advertisements. Commissions or percentage are already determined by each party and deposited each time consumers register. As you can observe, affiliate marketing is the best way of earning extra income without hard time pressures, and difficult tasks. Affiliate marketing only needs your website for advertisements and you’re ready to online riches. Website owners only sit back and wait for incomes to increase without doing any promotions. Business partners of website owners also gain advantage through affiliate marketing. Business owners only need to find credible website owners for effective advertising.