 |
 |
 |
 |
|
|
|
|
|
|
|
Wednesday, January 19, 2005
|
|
|
|
Smart Money Wagering Guidelines
|
|
|
To be a successful and profitable sports bettor you must always have a
long term goal (objective). Set that standard before your wagering
campaign begins and set aside a fairly substantial bankroll that uses a
consistent incremental amount for the vast majority of your wagers. A
conservative and appropriate amount would be 1% to 2% of your allocated
bankroll and absolutely no more than 3% of your bankroll. This might
seem a little on the low side, but believe me, over the course of what
will be a turbulent battle with the books to picks winners against the
spread you will be happy that you practiced good money management
and frugality.
The above guidelines do not take into consideration a combination
of factors that will also help you along the way and I have included them
below.
- Consistently shop for your best possible lines (rogue lines) from
the most reputable sources.
- Stay disciplined and do not stray from recommended bankroll
allocation on individual wagers. Chasing your wagers whether you are on
a winning or losing streak is absolutely forbidden under my betting
methodology.
- Always keep in mind that your bankroll is your life line (working
capital) and must be treated the same way you would treat finances that
are allocated for any business venture.
- Buy off the hook on key numbers.
- Understanding the importance and the art of middling.
- Keep a record of all your wagers and results and use them as part
of a overall statistical data base.
These are some important factors that will help you in your quest
for long term profits. I leave you with a thought from the late great
Jimmy the Greek.
"The house does not beat the player, it just gives
him the opportunity to beat himself."
So stay patient and please always shop your lines. Thanks, Alex
|
|
|
|
|
|
|
 |
|
 |
|
|
