8 Top Tips for Becoming a Professional Gambler in Horse Racing, Poker and Other Sports by Keith Driscoll

Most punters lie to themselves that they are breaking even. Bank Management: Managing banks is not just staking, it also involves listing every bet on a spreadsheet so you can monitor things like average odds, strike rate, losing runs, etc. Risk Management: Most people follow one tipster, or one system. Yes it can pay well, very well, but you need to put in a lot of work, and it can be 2-3 years before you are making any meaningful hard cash. When you see professional poker players they are spending 3-5 days at a table in a game every week, sometimes sitting for 12 hours, and when they are not doing that, they are at home playing poker on the computer.

If you are going to gamble to profit, then for the inaugural few months this should be your conditioning were you will be doing a lot of work for little return, but you will also learn how to handle losing runs, how to cope with mistakes, and if it does all go improper and you lose the betting bank, you should have learnt a lot from it for as little loss as possible, as you should only ever bet what you can afford to lose, especially while proving to yourself you can profit. Wow!! If you are just starting off you are likely to only be using a realistic $5, so that is $25 a week average. Fun Bets: You are often told not to do any ‘fun bets’ if you wish to turn professional, but this will not happen, as it is hard to break old habits at first. Separate betting bank, list all bets, and it will not be long before you lose the bank and realise how wonderful your own tipping is!

When you see tipping advertisers stating things like “We made $26,000 to $100 stakes in the last 12 months”, it looks sensational. Staking: You see betting plans for sale on EBay, most of them may make you a few dollars quickly, but it is 100% guaranteed they will bust your bank as these are designed by amateurs who have no understanding of gambling maths in the real world. Then divide the $26,000 by the $100 to work out how many points you make a year, and that is 260, then divide by 52 to see how numerous points profit a week, and that comes to 5pts a week. Search the web for reviews on every product before parting with any money; ask people on forums which software is the best.

. Use a number of systems, proven tipsters, method bets, etc. The best way to treat fun bets is to handle them as you would any pro bets. And ensure you have a separate betting bank for each (you can use the same betting account, as the spreadsheets you keep will tell you the amount which is in each bank).

I pray it was like that, but in valid life it is vastly different. If you cannot profit with 10c bets, how the hell will you profit with $100 bets?

So here are the 8 tips you need to learn, and stick to religiously if you want to stand a chance of ever making money from gambling.

These days it is possible to receive horseracing software, poker software, etc that can facilitate you, they will only make you hard cash if you are already doing so, they just enhance your skills, not make them. Building up you betting banks takes time a lot of time.

5. Alcohol: NEVER drink while betting, you will bet more than you should, you will bust banks, you will play bets you would never do when sober.

Also think why various tipsters advertise every day. Betting Banks: If you do not have a betting bank to emergence with, and you are just betting from whatever is in your pocket, you will never make a profit. If you do not list every bet, you will have no idea where you stand, and no way of having data to look back and learn from.

8. Most professionals will emergence at 3%, but get it down to 1% as the bank grows.

You can also find innumerable free horse racing systems, staking systems, poker systems, on the internet, ignore them, they are only free for a reason, as they lose hard cash.

1. Once you have proven over a few months you can turn a profit with level stakes, and then you can switch to each bet being between 1%-3% of the bank. Forums: Join a forum where you can bite ideas, this can prove a powerful aid, but make sure it is a decent one, and not full of idiots just spouting off how good they are!

Most folk are under the opinion that professional gamblers have one bet, play one game of poker, or some other form of gambling, and then collect the winnings and go back to their big mansion for a few months rest, before having another gamble!!

8 Top Tips for Becoming a Professional Gambler in Horse Racing, Poker and Other Sports

 by: Keith Driscoll

6. I personally work 10-12 hours a day, 360 days a year, and still do a bit on the days off, including Christmas day. This is usually suicide, you do not see the big boys in the city markets investing everything in one stock do you? No. This is because they have such a considerable turnover; they need to keep replenishing the customer base. And how innumerable average gamblers have $100 to bet, especially when you need a betting bank, and with $100 stakes, the cash you need before you even place one bet is around $3,500, any less and you can easily blow it all. Do not do that, be truthful.

4. It is as simple as that. That may not sound much but you have to learn to walk before you can run. However, they need to receive your attention as a 1/8th ad in a paper costs around $500, and they need that money back before turning a profit. Always onset with levels, if you cannot make hard cash with that simple staking plan you will not make bankroll with anything more complicated. Patience: If you want big profits now, try the lottery. You may have a spare $10,000 available, but prove you can profit with a $1000 bank maiden, and then add to the bank monthly.

So if you are looking for a relaxing life, do not take up betting as a profession. They spread it around, and so should you. 3. This does not always mean the tipster is rubbish, in some cases they may be profitable long term, but the average Joe Punter always wants profit NOW and every day, and average Joe points more than 5 points per week, whereas a full time professional would be happy with that.

2. Anyone who tells you otherwise is possibly lying just to receive your hard cash.

This advice goes for betting in any country, on horseracing, greyhounds, soccer, NFL, poker, etc.

7

Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

In North America and major Asian

countries online real-money games are yet awaiting progress in

regulation. Mobile gambling is expected to grow at double-digit

rates and to reach over 40% of the total online gambling market by 2018,

as the number of mobile gambling users increases by a hundred million.

. Total online gambling revenue in Italy

recently reached a high number in hundreds of millions of Euros, with

poker constituting the largest segment.

Companies Mentioned

- Bwin.Party

Online gambling is only starting to emerge in Africa. In

Australia, which leads the world in terms of per person gambling, online

sports betting and gambling has been growing by over 30% annually, while

the growth of the total gambling market does not exceed 5%.

- The author’s international employees research and filter all sources

and translate relevant information into English. The first

regulated online gambling website in Kenya was launched in 2013.

The authors observe: while land-based lottery and casinos still dominate

the gambling scene, online real-money gambling and betting are growing

rapidly.

Trends in online gambling and betting.

In North America, online gambling was legalized in three US states by

early 2014, with online gambling revenues surging to millions in the

first months of legal operation.

In France, online gambling and betting has been legal since 2010, but

many gamblers turn to illegal sites. Among the findings of the reports

researchers is that the online gambling and betting segment is

increasing, enhanced by the spread of smartphones and tablet computers. In

South Africa, online gambling awaits legalization in 2014.

Europe has been a leader in adopting regulation regarding online

gambling, but as the activity spreads, new measures are being enacted.

- Betfair Group

Research and Markets is the world’s leading source for international

market research reports and market data. The

majority of Western European countries have some laws in place to

channel online gambling and betting. As a result companies get a precise and unbiased impression of the

market situation.

The major trends in online gambling and betting globally are mobile and

social gambling. In the USA, online gambling is legal only in three states

and in many Asian countries gambling and betting is allowed only in

casino resorts.

- The analyses, statistical reports and forecasts are only based on

reliable sources including national and international statistical

offices, industry and trade associations, business reports, business and

company databases, journals, company registries and news portals.

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)

has announced the addition of the “Global

Online Gambling & Betting Market 2014″ report to their

offering.

Regulation of online gambling and betting in Germany and Russia lag some

of their neighbours. Progress in online betting regulation in Germany is

expected in 2014, as several operators have applied for the first online

sports betting licenses.

About Research and Markets

Global Online Gambling and Betting Market 2014 depicts the latest trends

and developments in the field. This ensures that the

content of the original studies is correctly interpreted.

Regional variations in legislation and acceptance of online gambling and

betting

- William Hill Online

- Paddy Power

- These market reports inform top managers about recent market trends

and assist with strategic company decisions

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

The regulatory landscape on online gambling and betting is varied. We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

- The authors provide secondary market research: By using various

sources of information they ensure maximum objectivity for all obtained

data. For example, a quarter of poker

players chose to bet on unregulated networks.

The spread of online betting and gambling is forcing governments to act

to regulate. However, offshore gambling websites

are popular among Brazilian gamblers, who spend several hundreds of EUR

million annually on offshore sports betting sites.

- 888 Holdings

The leading online gambling and betting companies worldwide include

PokerStars, Bwin.Party, William Hill Online, each of which annually

generate online revenues of over EUR 0.5 billion.

Product Information:

Online gambling and betting is spreading in the Asia-Pacific region. – PokerStars

In the largest Latin American market, Brazil, gambling and betting is

forbidden except for horse racing. The global online gambling market has a current value

estimated at a medium double digit number in billions of Euros, with

growth expected between +7 and 10% annually in the next few years.

- Ladbrokes

Italy has one of the most advanced regulatory arrangements regarding

online gambling in Europe

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