TOP 10 BETTING MISTAKES (Part one)
The first step to formulating a solution, is to define problem.
The following points are areas of betting where many punters often get it wrong. Our views arise from long personal experience and years of communication with successful and unsuccessful punters alike.
Our aim here is to highlight these common areas of failure in hope that I can speed up your learning curve towards successful betting.
MISTAKE NUMBER ONE
Failure to Use Betting Banks
Most gamblers fail to understand that best method of achieving a healthy and sustained long term profit from racing and betting in general is to set aside a sum of money away from your main finances, solely for betting purposes.
Whatever method or system you are using, whoever you are following or subscribing to or however your own bets are calculated, you are better off with a "Betting Bank" that has built -in advantages that can help you. It needs to be independent from your own personal finances and needs to be protected from factors that can threaten it. This can take a lot of emotion out of decision making process. Emotion is a factor that threatens all punters.