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5 Reasons You Will Fail to Make Money with a Betting and Online Gambling System

Many people dream of finding the perfect betting system. Gambling has become increasingly popular over the past decade, and many people are now regularly betting on a wide range of sportsevents and casino games. New betting systems are arriving on the market every day, and many claim to be able to make you enough profit to retire in luxury. You can now even practice free casino games, like online video poker before playing for real money on real online casino sites.

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 Many betting systems are developed by people who have very little experience of sports betting. Some claim to have spotted loopholes which can make money, and others claim to have developed mathematically perfect betting strategies. Itís true that you can make money with betting systems, but it requires work, discipline and persistence. The following are the five reasons why most people end up losing money with a betting strategy.

1)     They have unrealistic expectations.

Professional gamblers take years to master the art of making regular profits using websites like Bookmakers.me to find the best bonuses. Even with a large betting bank, an experienced gambler will only stake or risk small sums of money. If you believe that you can turn a thousand dollars into several thousand over a matter of weeks, you are heading for a disaster. Betting profits come gradually, and you must have realistic expectations of the money that can be made.

2)     They donít understand the system.

It isnít necessary to be an expert on a particular sport to make money from it, but you must understand the rules and how bets can be used to generate profit. Blindly following a system and placing bets which you donít really understand is a dangerous strategy.

3)     They arenít disciplined enough.

Following a winning betting system involves high levels of discipline. If you are tempted to deviate from the rules to place bets there is a high risk of failure. Some systems are very selective with only one or two bets a week, and many people will look for other bets to place if they canít find a qualifying one. All betting strategies encounter losing streaks, and you must have the discipline to continue if you hit one of these. Giving up too soon means you will miss out when the system returns to profit.

4)     They donít set aside a betting bank.

Professional gamblers know the value of using a betting bank. Setting aside a specific bank of money is essential for operating any betting system. Decide on a realistic amount you can speculate with, and donít be tempted to withdraw profits as the bank grows. Building up a betting means you can get through losing streaks without having to dip into other funds.

5)     They believe increasing stakes is the path to profit.

Most good betting systems can deliver a profit from level stakes betting. Any system which encourages increasing stakes should be viewed with caution. A short losing run can see stakes escalate and can quickly wipe out a betting bank. Doubling stakes after every losing bet may sound like a guaranteed betting system, but it will inevitably end in failure.





January 23th, 1997

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