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These Winning Edge Investments tutorials are designed to improve your punting knowledge and maximise your returns by providing real, unbiased, practical information.
TEN BETTING RESOLUTIONS
Want this year to be the one you stop losing on the punt and start making a reliable profit? Or are you already betting somewhat successfully but want to turbocharge your profits to the next level? Either way, here are 10 handy Betting Resolutions to get your betting on track like a professional.
1. OPERATE A BETTING BANK
The reason many punters fail is they do not adhere to the same strategies professionals use to succeed. All professionals have a betting bank, and keep this completely separate from their day-to-day finances. The funds should stay in bookmaker and TAB accounts - the separation from your daily finances helps you to keep focused. A betting bank is also necessary so that you stake appropriately with your betting bank and avoid ever being wiped out and having to add funds to your bank.
2. STAKE CONSISTENTLY
Another error most punters make is following flawed staking plans. Progressive and regressive staking plans that increase or decrease based on previous results are mathematically flawed, as is level staking where you bet the same amount on favourites as you do on outsiders. Proportionate staking to your rated price, or if you don’t have a rated price, at least the market price, is advised to balance your risk/return and reduce variance and the risk of losing your entire bank.
Click below to find out the eight other key components to becoming a winning punter,
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