You could be leaving money on the table if you restrict your betting activity to just the major bookmakers. The betting exchanges offer many ways to help you make your betting more profitable. Read this article to discover at least 10 ways you could be making more money from betting on horse racing.
1. A Beginner's Guide to Horse Race Betting
Spread betters gamble on price movements of anything from individual shares,
currencies and commodities to whole markets like the FTSE, Dax or S&P. It
is called spread betting because the company providing the service makes
most of their money by putting an additional spread around the price at which
something is being bought or sold. Consider betting professional's advice and
watch out for so called free betting tips that are available, as they can
sometimes prove fruitful. Casino instructions, play strategies and sports
betting guides are available for free to help with your betting selections.
Remember not to purchase someone else's predictions or betting
information. They will try to lure you into believing that paying them for betting
selections will bring you winnings fast, but these betting services are most
often a con. Determine your own bets and how and where to place them
2. We're increasingly seeing advertising for spread betting in investing and money
management publications. In the one I subscribe to, four or five different
spread betting companies take full-page colour ads each week,
outnumbering any other type of advertising. Spread betting ads are already
common in the business sections of many weekend newspapers and will
probably soon start to appear in the personal finance sections. Spread
betting could appear deceptively attractive to many savers. After all, money in
a bank, shares or unit trusts will at best give us about a miserable five per
cent a year before tax. Yet a reasonable run on spread betting can easily let
you pocket ten per cent a week - five hundred per cent a year - completely
and gloriously tax-free. So spread betting can let you earn in just one year
what it would take a hundred years or more to achieve with most other
investments.
3. As I write this, I'm nursing a bit of a sore head and an empty wallet. In the last
four weeks I've lost almost £30,000 spread betting for about an hour a day
five days a week. So I managed to blow around £1,500 an hour. That's really
quite a chunk of cash. Actually, it's not quite as bad as it looks. Fortunately, I
was betting using a few spread-betting companies' demo sites. These are
simulations of their live betting sites that allow you to practice before you start
betting with real money. I realise that I am no financial genius otherwise I
would have been rich long ago. However, the fact that I managed to
squander so much money so quickly does pose the question - if spread
betting seems so easy, why do so many people get completely wiped out
extremely quickly?
4. The writer likes to bring tips and sports betting advice to professionals and
beginners alike in an attempt to educate and prevent simple betting mistakes.
When you gamble in online sports betting game or at an online casino, do not
put your fate in instinct or gut feelings and Jon Owen Racing Review try to
find opportunities that are in your favour. Make a logical decision by gathering
factual information and studying the sports betting history and weighing up all
the odds. When gambling or playing casino games research your sports
events or read Casino games guides to give you an edge over the
unresearched gambler. Always keep an eye on the money you are betting
online. Know your maximum stake you are willing to gamble and never bet
more than you can afford to lose. Dividing your total stake over various
sporting bets is a better idea than putting your whole stake on one game, so
not all your money is on one single bet.
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