| The secret to sports betting can be measured on different levels, but one question I ask gamblers to see if they are a successful bettor is how many times they’ve made a deposit in the last year? If you’re always making a deposit, tells me you’re not having a good year, because why would you be constantly making a deposit? Especially, when it’s getting harder and harder to fund your Sportsbook account and Neteller doesn’t cater the North American market anymore.
People think they need action every day, and if you’re one of these people, then you’re not serious at making money. The wise guys who make money are those who pick their spots and use patients. If there’s 2 NHL and 3 NBA games on the board, do you really feel it’s important to get down if you don’t like any of the games on the board? One of the best money management systems I use is called progressive betting or “double up”, where I double up after a win and stop at a desired number. Getting greedy will put you in the poor house.
Let’s say our magic number is to win 5 games in a row. What I do is lay $50 on the first game, if it wins; I have house money to play with now, so I will lay another $50 on my next wager or in this case, “house money” and lay my second wager. It wins, so now on my 3rd wager, I “double up” and go $100, then if it’s loses, I’ve lost house money. But for the sake of this article, let’s say it wins and on my 4th wager, I wager $200 and keeping in mind, I still have my original $50 in the bank that got me to this level. After winning your 4th pick in a row, you finish your cycle on your next pick to $400. If’ you’ve been successful, you just made a $750 profit on a $50 investment. The secret to this form of betting is winning that first pick, because without getting off on the right foot, you’re in the red and you’re progressing the wrong way.
Hope it helps, as the last time I made a deposit was in 2006! |