Tuesday, June 7, 2011
Horse Racing Tips And Using Sports Betting Systems
A “system”, in effect, is anything that involves taking a methodical approach to placing bets as opposed to the “leap in the dark” way of the more random, occasional bettor. This might involve restricting stakes to a certain percentage of one’s bank, backing and laying or even indeed a combination of strategies. At one time or another they have all been tried, with varying degrees of success or failure.
At the extreme end of the scale there is the woefully ill-conceived Martingale system, which works on the principle that because it is indisputable that you will always win eventually, all you need to do is to keep upping your stake each time to incorporate all the losses previously incurred during the cycle. What happens in practice is that you win a small amount most of the time, and then lose it all and a little bit more besides when you eventually hit an unusual sequence of losses – as you inevitably will – that either leaves you with insufficient funds with which to continue, or requires you to place a bet of such a size that no book will accept it.
It always pays to remember that even when you have flipped twenty heads in a row, the chances of the next flip showing a tail are still only fifty-fifty!
Of course a carefully calculated approach to sports betting can be useful. Some may say it is essential to long-term success that you are able to keep a cool head and to avoid the temptation to be reckless on the back of a hunch, an approach that can often result in all one’s previous hard work coming to nothing.
But the key to it all is to understand that whichever system you use needs to work in harmony with well-researched, reliable information from a trusted, competent source. When one bears in mind that the odds are already stacked against the bettor by way of the fact that the bookmaker retains a house edge and doesn’t offer the real price, it is necessary to ensure that you have good data upon which to base your selections through whichever system you opt to use. Remember, no matter how scientific your system may be it can never work unless at least some of the horse racing tips or other information that you are acting upon actually proves successful.
The secret of success in sports betting, whichever system you choose, is to avail yourself of the services of a good tipster with a proven track record of success.
Mark Richards is General Manager of The Middle Man, a dynamic low-cost online business promotion service combining free advertising with Search Engine Optimisation (SEO) to drive traffic to your site. He writes for Horse4Course-Racetips, making you money from UK racing information.