|
|
| Home /Casino & Gambling Information |
|
|
|
|
Money Management: The Real Smart Money
Money Management: Picking "your" spot I'm sure we've all talked about money management, but how many of us practice what we preach/are preached about it??? After a decade of betting, I never thought I'd be writing articles about restraint when it comes to Sports Betting. I guess it's easier for me, personally, now that I've become a better handicapper. Hitting at a higher percentage sometimes builds patience, but many times breeds "greed". I guess I am as guilty as anyone at "singing while I'm winning". When I'm in the middle of a "good run", I still tend to fire away at a game that I shouldn't. But, the "ultimate sin" is chasing your money in the midst iof a losing streak. Or even worse, laying half, or "the whole bankroll" on one game!!! A wise man once said to me, "They play everyday!!" I knew exactly what he meant, but it took me five more years to "understand" what he meant. The more games you play on a daily, or weekly basis, you lower your percentage of having "longterm" success. It is to the sportsbooks benefit to be an "Action Jackson", so to speak. Most of the successful gamblers I know are self-proclaimed "spot players". I also fit into this category (mostly). These type of players will wait for a game they REALLY LIKE, sometimes not betting for days, or even weeks, until "that game" comes along. On the other hand, I also know gamblers who have to have "action" on many games (especially TV Games). The key, in my humble opinion, is to be able to sit and watch a game because you like/follow the sport. If you "must" have action on a game to be able to watch it, chances are you aren't that big of a sports fan. I watch plenty of games that I don't have money riding on, because 1) I'm a sports junkie, and 2) it is good for scouting a future "spot" play. It bugs me to watch guys lose over and over because they have no concept of money management. It is always a good idea to write down, and keep track of your bets, review your bet history every so often, mark down the ones (in hindsight) that you felt "really good about". I can "bet" that you hit most of those. John Onan is Sports Moderator at The Online Players Union. You can read more articles by Mr. Onan (aka ego74) by going to http://www.theopu.com He looks forward to you signing up at the forum and sharing your opinions on sports and casino gambling.
Other Articles in This Category: Roulette - An Easy Method2005 World Series of Poker -- Complete Report Freeroll Poker Tournaments - The Greatest Deal Of All! Texas Holdem Poker Legends Blackjack - What Are the Odds? Become the Casino of Life Where You Control the Outcome Rather Than Playing the Odds Would You Bet on Your Brand? - Three Strategies for Winning at Brand Poker Top 5 Things to Look for when Buying Quality Poker Table John Ascuaga?s Nugget Casino Reviewed by Thehooks Heres an Easy Exercise to Improve Your Texas Holdem Play 5s in Blackjack Semi Bluffing The Secret of Grinding Out a Profit Slot Machine Basics How To Choose a Sportsbook - Guide To Online Sports Betting Here to Stay - Cyber Casinos and Their Benefits Raising vs. Calling in Holdem Poker The Secrets of the Big Numbers |
|
|
|
RELATED ARTICLES
Always Look For The Best Online Sportsbook Before You Start Betting Online Before you sign up with an Online Sportsbook and start betting online, you sure need to find out what to look for in a sportsbook service. Depositing Funds to Your Online Casino & Poker Room Account - The Best Options Ways To Deposit Always Win in the Casino Like James Bond In the Bond film 'Diamonds Are Forever' we see James Bond confidently approach the craps table, call out a few choice bets, roll the dice, and collect his winnings under the admirering eyes of Lana Wood. 'Hey', she says, 'You handle those dice like a monkey handles coconuts.' Sports Betting and Money Management Your bankroll must be protected at all costs, a good bankroll will get you thru the ups and downs of sports wagering. My Casino Blackjack Variation Game I have played millions of hands of blackjack. I started sneaking into the casinos when I was 16. I have played online blackjack, I have counted cards, and worked with a team for a short while. With all that said I have still lost a lot of money at blackjack. The casinos have made it nearly impossible to beat the game. Do You Want to Discover the Three Hidden Secrets of the Poker Playing Professional? What's the difference between an amateur and a professional when it comes to poker playing? Professionals consistently win. Do you want to win like a pro? Professional poker players are professionals for a good reason ? their professionals. They weren't always that way. They learnt from poker players that were more advanced and discovered hidden traits that make them the best. Here are three hidden traits I have discovered that separates amateurs and professionals. These three traits will dramatically increase your earnings. Lets get to it and learn them. Women Increasingly Prefer Online Poker As poker continues to gain more and more mainstream acceptance, women are becoming increasingly interested in taking up the game. Until the most recent poker boom, poker was mostly a male populated card game. Less than 10% of the players at a typical casino poker game were women. What is the True Winning Percentage of a Professional Soccer-punter? Many people believe professional-level sports bettors win at least 60% of their bets. It's understandable that people think that, but it's just not true. The fact is, the difference between the percentage of bets won by successful sports bettors and the percentage of bets won by losers is relatively very small. You Can Make Poker Less Painful (or--A Pain in the Arse can be Removed ...without Surgery) As you will read in this article, the removal of a pain in the arse, from the poker table, can be accomplished without going under the knife, if you are diligent and persistent. The Dangers of Bingo Let's face it; bingo is hardly going to arouse a thrill-seeker into taking it up in attraction to its high risk stakes. Over sixties, playing bingo in a community hall does not seem to register with the seedy possibilities of a stake-out associated with poker for example. But do not be fooled. There are hazards to the game of bingo and whilst they may be small and hardly worth deterring a player who enjoys the game socially and for fun, it may be interesting to know that there have been concerns over the game. The History of Roulette The term "Roulette" is derived from a French word meaning small wheel. The origin of Roulette is not very clear. while some sources state that Blaise Pascal, a 17th Century French mathematician invented the roulette wheel, other sources state that the game originated in China and was brought to Europe by Dominican monks who were trading with the Chinese. When Should You Hang Up Your Betting Boots for the Day? Quit as soon as you are in front for the day? How YOU can Regress the Six and Eight! The Crapshooter How To Improve Poker Skills With Free Online Games When I learned to play poker I did it the hard way. I put out my hard-earned money and promptly lost it to more experienced players. Thanks to the internet, there is an easier way today for newcomers to improve their poker skills without depleting their bank account. How To Choose a Sportsbook - Guide To Online Sports Betting Online Sports Gambling is a growing business with thousands of new players opening their accounts every day. There are new online sportsbooks and wagering establishments created every calendar day of the month, which is quite confusing for new players. It's hard to decide and choose the best sportsbook out there. Here's my quick guide for an unexperienced sports bettor. Las Vegas Gambling Basics The gambling scene, not only of North America but also of the entire world has one illuminated name that cannot be left out. Las Vegas - the city of paradise for gamblers. The casino resorts and the luxurious hotels in the city have left behind all holiday destinations. The city is full of opportunities, opportunities to thrill your senses in every possible way. Competition however has been on a high for the city from more than one city, which in deed has made the place go from being good to mighty good. Owing to the competition it is facing from other cities it is today being forced to add value and substance and take the gambling scene to a step ahead. The result has been a boon to the casino goers in terms of amazing resorts cum casinos cum hotels. Be it the monumental el Coretz or the enchanting Bellagio, the place is filled with resorts and casinos and now places which are a mix of bests of both. The Joys Of Playing Internet Poker I started playing poker on the internet about six months ago and I must say I absolutely love it. The History Of Blackjack The origin of Blackjack is somewhat unclear. Some people believe that Blackjack originated in French casinos in the early 1700s where it was known as "vingt-et-un" ("20 and 1"). Poker Popularity for Beginners The game of poker is cherished since a long time. It has caught a lot of publicity and fanfare in past few decades. Now there are many poker tournaments across the world and even online. Poker lovers all over the world are glued to their television channels like ESPN when these tournaments are telecasted. Poker Table Position Poker seating and the position one has at the table is one of the most important and least talked about aspects of poker. It's especially relative to the Texas Hold'Em poker game because it is positional in nature. Where a player sits each hand determines the amount of information he or she can gain on other players. This can have a big effect on your poker strategy and how a hand is played. This article will reference how to play poker from a table of 10 players and discuss playing from the dealer, early, middle and late positions.
|
| Category Home | Site Category Map |
| © 2005, 2006 Freeever Information |