What do casino gambling, horse racing handicapping, lotteries, blackjack, poker, sports wagering and all games of chance have in common? If you guessed betting, then you are right. Being able to risk money on those games, sports, activities is what they all have in common. It is the risk that makes them more fun to watch and participate in. Let’s face it, sitting at a table and playing cards can be fun, but winning money makes it a lot more fun. Watching horses race down the stretch is exciting, but much more so if you have some cash riding on one of them.
There is something called, “beginner’s luck,” that many people have experienced. It happens when you first try a game or on your first trip to the race track. บาคาร่า It seems that though you don’t really know what you are doing, you win money. That can be an intoxicating experience that leaves you wanting to come back and experience it again and again. In fact, you may decide that if you could just learn more about the game or sport, you could win even more. That is when the trouble really begins, because as they say, “A little knowledge can be a dangerous thing.”
It is certainly wise to understand any game or sport that you are betting on, but understanding the game or sport isn’t really how you make money. What you really need to understand is odds, percentages, and to have a money management strategy. That means planning and knowing what you will risk and what the expected return is going to be. It all comes down to what gamblers call r.o.i. or return on investment. It actually has two parts, the “return of your investment,” for instance, the twenty dollars to win you placed on a horse, and also a “return on your investment,” meaning a percentage of what you risked, just like a bank gives interest on what you put in the bank.
For professional gamblers, an expected return “of” and “on,” is critical. They need to get their original investment back so they can keep their bankroll healthy and also make a profit from it to live on. For some horse players and sports bettors, 10% is considered a good return on their investment. So if a horse player or sports gambler makes $500,000 worth of wagers in a year, he or she would expect to win back $550,000. In many instancves the profit comes from one or two big hits and there are a lot of ups and downs (gambling for a living is not for the weak hearted).
If you are trying to make money from gambling, my advice is to go ahead and learn the game, but make sure you understand the odds and betting because that is how you will actually show a profit. Even a beginning poker player should understand Poker Odds and Percentages and can quickly become a money player by studying a simple strategy like Power Point Poker. Whether it is understanding pot odds, card counting strategy in blackjack, or watching the toteboard and understanding how to use the pools to your advantage, it’s all about the odds and finding good bets.
There are people who are very good at horse racing handicapping and picking winners and yet they go home from the track as a loser because they didn’t know how to make their wagers in the most advantageous way. Picking a winning horse or drawing a good hand in poker is not enough. You must understand how to find a good bet. Good bets with a positive expectation are how some people stay ahead at casino gambling, poker, blackjack, horse racing handicapping, sportsbetting and lotteries. While you may love the game, learning to love good bets and being able to walk away from unprofitable wagers will make you a winner.
Bill Peterson has been a professional horse player and card player for years. His innovative techniques were developed by thinking outside the box. In his own words, the result of “A life well wasted.” Bill has been teaching the basics of gambling for years.
To see all of Bill’s horseracing handicapping methods at Horse Racing Handicapping “No one can make you a winner, but learning the basics and a few little known secrets and techniques can advance you closer to your dream of making a profit at your favorite game. Use my methods and customize them to suit your own style and you will be ahead of 99% of the crowd.”
Luck is the most important part of gambling, as anyone who has spent any time in a casino, at the race track betting on horse racing, playing the lottery, poker, blackjack or any game of chance can tell you. Some people seem to be luckier than others and demonstrate the truth behind the old saying, “I’d rather be lucky than good.” How true that is. Good luck will get you through almost anything and no matter how deep you may appear to be in the soup, you may come out smelling like a rose if you have good fortune.
Of course, most people believe that it is impossible to change destiny or fortune so it is impossible to control your luck, but that may not actually be the case. Science has demonstrated that there are times when people win more and lose less. In his book, “The Conscious Universe,” Professor Dean Radin analyzed the results of four years of data from casinos. He was looking for a correlation between the phases of the moon, strength of the Earth’s geomagnetic fields, and casino payout percentages. During the full moon the Earth’s geomagnetic field is usually at its weakest. Professor Radin believes there may be some connection between the Earth’s magnetic fields, the moon, human psychic ability, and gambling.
One scientific study that Prof. Radin mentions in his book did demonstrate that people seem to be more psychic during the full moon, then their abilities seem to wane during the quarter moons and increase again during the new moon. This fluctuation in psychic ability seems to also follow luck because four years of casino data showed that payouts increased at the time of the full moon and decreased at other times for most casino games studied. Perhaps our intuition or psychic ability really does help us to win, whether it is picking the slot machine that is about to pay out, or knowing whether to hit a 13 at the blackjack table, or which horse will win the race. Poker players can certainly use intuition to their benefit.
The conclusion he reached was that if gamblers avoided the casinos during the quarter moons and gambled around the time of the full moon, they would decrease their losses or even win a profit. Of course, these are just generalizations and should not be considered an inducement to gamble, but they show promise for really understanding how to be lucky.
Lotteries showed a different trend. It appears that Pick 3 style lotteries pay out more during the times of the quarter moons and lower payouts during the full moon. Fluctuations in the magnetic fields of the earth, once again, seemed to have an effect. While the phase of the moon or strength of the earth’s fields will not guarantee you a winner, it may be a good idea to start making your winning and losing days on a calendar and watch where they fall according to the moon’s phases.
Other studies have shown that when people have a positive attitude and expect to win, they actually do win more often. That makes sense, doesn’t it? If you expect to win you may make choices that will have a positive effect. For instance, if you are in a casino and looking for a blackjack table and expect to lose, you won’t be too fussy about which table you sit at. But if you expect to win you may take more time selecting the table and finding one where the gamblers seem to be happier and smiling, meaning they are winning and the table is paying out better. You may not do it consciously, but you could do this and other things subconsciously just because you have a winning attitude and expect to win. We make a lot of choices when gambling whether we are at the race track betting on horse racing or choosing a place or game in a casino or even selecting lottery numbers.
So my advice to you is that you keep track of your winning and losing days and the phases of the moon. Also, keep a positive attitude. If you expect to win, perhaps it is a good day to take a chance, but if you expect to lose or just don’t feel lucky, maybe it would be better to save your money until you feel the earth’s fields, moon, or just plain old luck are working for you.
Longshots are the best bets when you know how to rate them with Bill’s Longshot Rater at Bill has been around Horseracing for 50 years and knows how to spot a good bet and loves to teach others. He is a former race horse owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, “Horse Racing is in my blood.” To see all Bill’s horse racing material go to Horse Racing Handicapping Bill’s handicapping store.