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Money Management

Posted on April 2, 2008 - Filed Under Recreation and Sports | Leave a Comment

The key to becoming a successful player is to manage your money well. The following are the crucial elements:

Betting Bank (Treat this as a business. Keep records of your wins and losses and amounts staked).

Stakes as a percentage of betting bank (1%-5% of betting bank per bet. Most professional players use 1%.)

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Beat The Bookies - Stable Form

Posted on March 2, 2008 - Filed Under Recreation and Sports | Leave a Comment

When you are looking at your racing paper in the morning and pondering whether or not to have a bet, what emphasis, if any do you place on the form of the trainer. You might have a cursory glance at the ‘trainers in form’ section of your paper. However, this only gives you a trainer’s form for the last 14 days.

You need to dig deeper. Consider this statement:

“You will be amazed if you break down stable winners by months, how often the pattern repeats itself”. Ian Marmion – Head of Victor Chandler Ireland, April 2006.

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