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.
Related Articles:
Money Success in your Business Opportunity...
A solid business structure with a simple and proven system that will allow you to produce a six figure plus income and unlimited room for growth in the future. Sounds great, right? Unfortunately, many people don't have this in their business opportunity. Believe me I know, I was looking for a solution to my once undesirable life. Yes, I did find what I was looking for but it wasn't easy. I was looking for a lifestyle that would allow me to raise my children and have quality family time, create a six figure income and not put a ceiling on my professional growth. Is that to much to ask for? No, It's not. You deserve to live the American dream of being a successful entrepreneur. So know this, there are plenty of good business ventures out ther...
A New Way To Earn Money: How To Find Business Opportunities
The most successful businesspersons in the world are not those who were born with money, or who came by it because they won the lottery. The most successful businesspersons are those who knew what to do with the money they had. They knew where to invest the money, how to make it grow, and how to use it to help other people and themselves. In other words, the most successful businesspersons, and perhaps the richest people in the world, know how to handle money because they know how to recognize business opportunities when these business opportunities came knocking.
Making Money With Home Business Income Opportunity.
There are many ways to make money with a home business and some of them even live up to their promises. No matter what type of work you do there is a home business income opportunity for you. Whether you work at home or from home, you can find a line of work that you can do and make money doing it.
Internet Home Business Opportunity - Start to Earn Money With Zero Cost Investment Plan
Would you like to earn more cash with internet home business opportunity?
Small Business Financial Advice: New Online Tool Demonstrates Opportunities for Saving Money
Owner of GetMyTime, a web-based time tracking and expense tracking application, offers advice for small business owners.
An Internet Opportunity Does Not Normally Require A Lot Of Business Start Up Money
Starting a home based business is something many people dream of doing. They may have a great idea for a unique product or a revolutionary new service but there is one thing they lack. Without business start up money, your dreams of being your own boss may stay a pipe dream forever. There are different ways to find the funds needed to launch your new business and it?s simply a matter of knowing all your options.
Making Money With A Home Business Computer Opportunity
There are many ways to make money. Money is very important, and most of the time people are content with finding jobs that they can go to in which they can make money to sustain themselves and to take care of their family. However, many people are not happy with what they do for a living, and sometimes they would like the chance to find something else to do with their time in order to make money. Enter the world of working from home, and making money without having to go anywhere. There are many times that a home business computer opportunity could come your way, and you could be able to make more money than you ever thought you?d be able to make, just by picking one of these opportunities and making it into your own.
SEO Ways To Make Money Online For Your New Internet Online Business Opportunity
Search engines are not the only way through which visitors get to your website. But I have read that most people say Google analytics for their sites show about 50 percent of visitors came from searches. The rest of their visitors came from referring sites with about 10 percent already knew their link. Optimizing your site for search engines, therefore is very important if you want to maintain a steady flow of visitors to your site. In this article we will discuss how seo can influence ways to make money online for your new online business opportunity.
Business And Earning Money Online Opportunity
We all have to ear money, right? Okay so most of us have to earn a buck. There will always be the Paris Hiltons of the world, who are fortunately blessed from birth. As for the rest of us mere mortals, an income of some sort is imperative. Our society is designed this way. Of course it would be sweet if we could all just have what ever we want, when ever we want. Then we'd have oodles of free time to travel and enjoy life. Now, back to reality. It's important to find something in this world that you enjoy doing. Chances are you will be doing it for 30 or 40 years. Fortunately the opportunity spectrum is not quite so limited these days. Take the current business earn money online opportunity. This is becoming all the rage.
Is a Home Money Making Business Opportunity Too Good to Be True
Let?s face it; the internet has made life a lot easier for many people, for many reasons The internet and home-based businesses go hand-in-hand, and as the internet grows and evolves, so too do the business opportunities for those wishing to make money online
Affiliate Program Business Opportunity: An Opportunity That Will Make You Earn A Lot Of Money
It didn?t take long for the internet to become one of the largest income generating businesses today. Even regular people, such as yourself, will have a chance to make a lot of money by just using the internet.
You Can Make Money With An Online Business Opportunity
There are many times in life where you are going to want to make more money. Think about what you are doing now, and think about ways that you could make that just a little bit better for yourself. For instance, if you are able to, you might be just the right kind of person to find a great deal for a job that allows you to make lots of money, and that allows you to be the boss, as well. Many times they?ll be a make money business opportunity that comes out of nowhere, and if you are to take it and if you can do well, you might just find that you are able to make more money than you have ever dreamed of making.
How to choose the best new online business opportunity and make money while you sleep
The best new online business opportunity in my opinion is to create your own products and services. The first key is to identify a niche that you can work in. I would start by listing all my hobbies and interests - you have a great deal of work to do if you want to create the best online business opportunity and starting with your hobbies and interests will keep you fired up, passionate and keen.
Blogging For Money - Business Opportunity
?A blog is basically a journal that is available on the web The activity of updating a blog is ?blogging? and someone who keeps a blog is a ?blogger
Learn How To Earn Continuous Money With A Residual Income Business Opportunity
The majority of people earn what is called a linear income. However, many people have realized there is a better way to earn money. They have started earning a residual income. Everyone is looking for a way to make more money and a residual income business opportunity is a great way to do so.