Money Management: The Real Smart Money-Gambling
Money Management: The Real Smart Money
Money Management: Picking "your" spotI'm sure we've all talked about money management, but how many of us practice what we preach/are preached about it??? After a decade of betting, I never thought I'd be writing articles about restraint when it comes to Sports Betting. I guess it's easier for me, personally, now that I've become a better handicapper. Hitting at a higher percentage sometimes builds patience, but many times breeds "greed".I guess I am as guilty as anyone at "singing while I'm winning". When I'm in the middle of a "good run", I still tend to fire away at a game that I shouldn't. But, the "ultimate sin" is chasing your money in the midst iof a losing streak. Or even worse, laying half, or "the whole bankroll" on one game!!!A wise man once said to me, "They play everyday!!" I knew exactly what he meant, but it took me five more years to "understand" what he meant. The more games you play on a daily, or weekly basis, you lower your percentage of having "longterm" success. It is to the sportsbooks benefit to be an "Action Jackson", so to speak.Most of the successful gamblers I know are self-proclaimed "spot players". I also fit into this category (mostly). These type of players will wait for a game they REALLY LIKE, sometimes not betting for days, or even weeks, until "that game" comes along.On the other hand, I also know gamblers who have to have "action" on many games (especially TV Games). The key, in my humble opinion, is to be able to sit and watch a game because you like/follow the sport. If you "must" have action on a game to be able to watch it, chances are you aren't that big of a sports fan. I watch plenty of games that I don't have money riding on, because 1) I'm a sports junkie, and 2) it is good for scouting a future "spot" play.It bugs me to watch guys lose over and over because they have no concept of money management. It is always a good idea to write down, and keep track of your bets, review your bet history every so often, mark down the ones (in hindsight) that you felt "really good about". I can "bet" that you hit most of those.John Onan is Sports Moderator at The Online Players Union.
You can read more articles by Mr. Onan (aka ego74) by going to http://www.theopu.comHe looks forward to you signing up at the forum and sharing your opinions on sports and casino gambling.
Making Money over the Internet : 5 Cool Tips – Top7-Or-10-Tips
Making Money over the Internet : 5 Cool Tips
The Internet is a fast growing medium, trancending the personal ,geographical, political and cultural barriers. Because of its popularity and diversity, for an ambitious and hard working person, it is the right medium to make unlimited wealth th the only thing is that you should know how to do it, the knack of doing it comes only with practice ,but a non-starter doesnt get any practice.In this short exposure i will be scraching some of the ways you can make cool money on the internet ,legally!!. the way you choose depends upon your skill , aptitude and taste.1. create your own website :Website creation is an easy task, provided you know it, there are many providers which provide you with space where you put your site.,and once you have a good site and the contents are intersting to others , people will start visiting your site. The internet also contains good advice as to increase traffic in your site. then you can place ads and links from other sites( affiliate links) and get money. Also if you build a site of interst to your local community, paid ads can be sought from the locality.2. write an ebook and sell it .If you have the slightest writing skills, the you can pack your ideas and experiences or even imaginations into an ebook, which can be downloaded by others and sell it. There are many sites offering the service of selling an ebook for you. By writing an ebook (any thing written in textfile format can be converted into an ebook),and 50 or 60 pages of your expressions can earn you an audience of thousands and good money.3. Paid Surveys.Abundant locations are availble in the internet which allows you to make money participating in survrys. these sites give you a questionnire and once you answer a fixed number of questionnires, you get paid!!
this is trading your time for money, and generally require not much skill.4. Share TradingInternet is a good medium, where you can practice online trading. many agencies allow you to open an account, buy and sell shares. only thing is that you should know the techniques of trading ,otherwise you will loose money like anything.5. For the lazy people:recieve emails and earn cashMany sites allow you to earn money by just simply. reading your email. inly thing is that if you are willing to spend four or five hours a day reading emails, you can earn a lot of money. the amount you earned will depend upon the number of mails you actually opened and readI just introduced some of the cool ways in which you can earn money on the internet!! I will like to hear your cooments and aquestions!! More in my next article.Kannan Balakrishnan is a faculty at department of computer applications Cochin University of Science and Technology ,Kerala, India.He can be contacted at