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20th February 2009
Todays ramblings
Good Morning.
I am going to move the fish to a new pond in another part of the
garden this weekend. I have been digging a bigger hole for them so they have
more room to swim.
Stop at a winner good or bad? I have been betting
for many years in fact I have been writing a daily email about betting since
June 2003.
http://www.horseracingsystemsuk.com/free-daily-nap-directory.htm
I
think you would agree that there is every chance I have a good understanding of
this industry and how to make money from the sports markets.
Well I
hope you do because I am about to write about something that I think is a good
way to make long term profits.
I have used Stop at a Winner for a
number of years and happen to like them because they generally mean early
profits and allow you to do something else once you have won.
If you
are unsure what I mean by Stop at a Winner let me explain a little more.
If you have tried to create your own system, bought one or even used
someone else's selections and if you normally get more than one selection a day
from the source, then you have probably had days when you were in profit after
1 or 2 of the selections have won, only to be out of pocket by the end of the
day because the rest of the selections lost.
This is in fact a classic
with lay selections. Often you will win on most of the selections you have for
the day, only to lose and be out of profit, because just one of the selections
lost later in the day.
So my question is why keep betting once you are
in profit?
The answer I often get to this question is that people
don't like to leave money on the table and want to earn a lot more than one
winning bet can provide. These people often go on to have a really bad losing
day that wipes out all of their profit for the last month and then give up on
the system/service as a loser, when if they had stopped as soon as they were in
profit they would have been fine.
Let's think about this for a moment.
When we talk about betting on the horses or Greyhounds or any other sport, it
is called "Gambling" and the reason for that is that you are trying to either
work with or against the odds of winning, but sooner or later those odds will
catch you up.
In simple terms the way I explain this is "that the
longer you gamble at one time the more likely you are to find a loser or number
of losers" which will put paid to your profit, when stopping at the first
winner could make far more profit longer term.
Now as I mentioned many
people do not like using Stop at a Winner because they feel that they will be
less profitable, but what we generally find with these people is that they are
have not made any (or very little profit) from gambling and most of the time
they have tried system after system, service after service and still not found
anything that works for them.
So it seems a little strange that people
would knock something that although may not give them big returns (unlikely
anyway), would give them consistent returns over time.
I think the
real secret to using stop at a winner is getting your stop loss correct so that
when things do go wrong, you won't lose too much and you can carry on where you
left off.
Unfortunately this is where most people go wrong. When it
comes to using the stop at a winner idea, you have do your homework and make
sure that you have a stop loss amount that not only allows you to keep betting
during the normal win/lose sequence of a system/tips, but stop's you before
your loses get out of hand, when something goes wrong.
If you are
interested in learning more about Stop at a Winner type betting and you would
like to learn more about some methods and ideas I have along with an up-coming
seminar I will be running in March about this very subject, then please click
the link below and sign-up for more information.
http://www.horseracingsystemsuk.com/saw-register.htm
Until Monday
Guest Selection ("1Xlay").
I a day lay system.
http://www.selections4profit.co.uk/data2.asp?myMonth=3&myYear=2008
http://www.selections4profit.co.uk/1xlay.asp
Yesterday.
15:00 Sthl, They
all Laughed EP 6.8 2nd 7/2
Today.14:45 Sand Tip, Shinnecock
Bay EP 32
Guest Selection ("DYC
(Double your chance) AND Stop at a winner").
Please remember this
is a test, please just watch the selections at the moment.
The idea really
behind this system is to stop at a winner, but I want to show what the
selections are like over the period I show them to you.
Sign up
here...
http://www.horseracingsystemsuk.com/doubleyourchances.htm
If
you want these selections on a Saturday.
(Stakes based on a £10 dutch
at Betfair prices around 9am.)
If you want to continue getting these
selections then please sign up here.
http://www.selections4profit.co.uk/payment.asp
If
either runner is a NR then take the best priced runner or next best priced
runner.
http://www.horseracingsystemsuk.com/19-01-2009.htm
Sponsors of the day
("Products and Tips for you to look at.")
Sponsor product
of the day (please take a look you never
Know!)
----------------------------------------------------------------
Turn your lay betting system into winning systems with Roy's easy learn low
risk Amazing staking plans.
Click Here to read
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Sponsor Tip of the
day.
Sorry no tip today
Best Lay of the Day ("1 Lay
a day from my Lay betting System")
Yesterday.
14.10 Ayr,
Zaffarella 1st 11/4
Today: No Nap
Please Note: The lay betting
system is actually 4 systems in 1 and I will choose one of the selections for
this tip.
You can purchase the system formula:
http://www.makeyourhorseracingpay.co.uk
Please Note: I do not keep records of this tip, I just want to show
readers how good it can be but part of learning should be to watch what a
selection does daily.
You can also have this tip delivered as content
to your own website.
Click here
to find out more.
Back test system ( "A 'back'
system that I came up with a while ago")
This system is available
as part of The Pro Betting Systems e-book.
http://www.horseracingsystemsuk.com/go_pbs.htm
Yesterday.
No Nap
Today. Sorry no tip here again
today.
Remember this is just a test and we are paper testing "backing"
these selections.
Other Information (" Here is some other info that
should help you")
I Prefer
betfair.com
"The Deadly Sins of Gambling" (make sure you check these
out)
If you need help about anything please go to my
support
site.
If you haven't joined Betfair yet then when you do enter the code
7TUN3TCFP this will also give you £20 when you have reached 50
betfair points.
You can automate your betting with
GHB.
http://www.greyhorsebot.co.uk/
Please tell your friends about
this daily tip and pass on my URL
http://www.horseracingsystemsuk.com
Have a good days
racing.
Malcolm
Malcolm@horseracingsystemsuk.com
http://www.laybetting.com
http://www.horseracingsystemsuk.com
P.S. How about something different...
Also check my blog
here
We make every
effort to supply high quality tips, but we cannot be responsible for any losses
incurred by any persons using these tips or any of the information
provided.
This tip is provided FREE and in good faith. It can stop or
start at anytime, the sponsor of the tip can change at anytime.
You
can use it on your website but all links must be kept in place.
Remove me link below.
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