Making a living from betting is no easy game and anyone who says so is lying through their rotten teeth. It takes many variables to be a success in the game, and these variables depend not only on yourself, but external choices you make and rely on during your betting career.
It’s not like a regular 9 – 5 job, successful gambling can be all consuming and a real commitment is needed to excel from the rest plus beat the odds. Sheer will power and a decent knowledge are a good starting point.
Know thyself
It stands to reason that to make waves in any endeavour one must know themselves inside out, you must know your strengths and weaknesses. You must also be able to control your impulses and carry a self-discipline that martial artists cultivate over many years. Do not dwell on your losses and do not celebrate too long on your wins.
Understand value
Like an eagle, you must be able to spot the difference in odds, to see opportunities that have been undervalued, and jump in. Vice versa, when the odds are stacked against you, stay away. Learning to stay away from blatantly bad or tricky odds will save you a packet in the long run. Take advantage of free bets like the Paddy Power offer code.
Know your game
The key to success is knowledge about what you are doing. If you like a particular game, research every little part of it historically. You have to analyse every little nuance and know the game inside out. This way you will be able to anticipate and pursue real winners, and spot the losing play. Do not just go on a hunch or instinct, and never think a play is a sure thing win, because the laws of probability may come to haunt you.
Know your numbers
Understanding mathematics is crucial to winning in betting. You must understand how bookmakers make odds, and understand probability in any given game you choose to bet in. Suffice to say, without maths, you’re just pissing in the wind.
Keep records of your bets
Long-term success depends on your ability to record and look back to your previous bets. Keeping a record also serves as an accounting tool for your spending. Spreadsheets should include each game, odds, amount betted, and any other comment that may be of use. This will be of service in analysing your progress.
Start off with a decent bankroll
One of the main reasons people fail in gambling is they started off with insufficient funds. Do not bet on scared money. Your bankroll should be large enough to absorb any losses and not demoralise you. Losing is part of the game and the successful gambler moves on without a twitch of anxiety. Never bet on money you cannot afford to lose, because when you lose, you really will lose. Depending on which game you choose to play, you must keep bets in line with your initial bankroll. Only bet a percentage of your money at one time.
