Do not allow distractions along the way. Of course, it is a nervy decision as the whole world is putting their money on Manchester United. K - Know your bets Be sure you understand everything about the bets you are placing, for example, fixed odds betting, Asian handicap betting, special bets like total goals, number of corners, etc.
L Losing runs A losing run is inevitable even for a pro in his betting business. This is a surefire way to disaster. Be disciplined and patient. M Money Management Money management is essentially on how to manage your betting fund and staking plan wisely. The longer you are solvent, the more punting chances for you to be profitable. Your betting fund must consist of money set aside for your betting business, the money you do not need for anything else.
Next you should decide on an efficient staking plan taking into consideration your risk profile. The higher the risk, the bigger the stake. Conversely, the smaller the stake, the lower the risk. There is a delicate line between the desire to achieve higher profit and the discipline to manage your risk. The bottom-line is, whatever betting fund and staking plan you choose, they should be within your comfort zone. So, efficient money management is important as it reduces the chances of wiping out your betting fund, while maximizing the chances of making a profit.
For more details on money management, please refer to page N - No 'sure win' tips 'Sure win' and 'Insider' tips are often disseminated over the Internet. Guard against such tips as they may be 'leaked out' by interested parties to influence the market to move in a certain way. Any information gathered from the Internet must be thoroughly vetted. Do your own analysis and research. It's your hard earned money on the line.
Following blindly is the most foolish mistake any punter can make. O - Optimism Dealing with several losses in a row is a real test on our optimism in our betting business. Many punters do not understand that one essential element. The inability to do so can lead to serious problems such as ill discipline and poor money management. All successful punters accept losing streak is part of the game.
They will not lose sight that their main objective is to stay in the betting business longest possible. Irrespective of whether they are 10 down 10 losses or 10 up 10 wins , they will act the same way according to their preset plan. They know they are not less intelligent when 10 down and they also know they are not more intelligent when 10 up. Of course, it is natural to feel great after a winning streak than after a losing run.
It is also easier to make the next bet after going 10 up. This is really the gist of the whole positive outlook, that is, whether a punter can pick himself up to place the next confident bet after going 10 down. P Patience It can be really frustrating that after spending a hard day analyzing the weekend fixture of around 50 games, only ONE selection meets your selection criteria.
So much time spent and only one value bet to make. Yes, it is indeed frustrating. But do exercise patience. You are investing, not gambling. Q - Quitter never win Yes, quitters never win, and winners never quit. So, if your soccer business report card is less than satisfactory, which camp would you be?
The quitters or the winners? It's your call. R - Record Keeping Do you know how many of those teams that you betted on actually won? Which league is your weakest performer? Which period of the football season beginning, mid or end of season is your most glorious? You will have answers to the above if you document all your bets.
Such record keeping will show you why you win, and why you lose. Do learn from your mistakes. This is what separates the winners from the losers. The winners learn from their mistakes and they know what they have to do to avoid making the same costly mistakes. S Specialize in your chosen leagues The more you know a league, the better will be your grasp and 'feel' in whether a certain match in the league is of value for betting.
Try not to be Mr Jack of all leagues. Specialize in your chosen leagues. You will have a betting edge if you know the leagues well. Knowledge is king. T - Taking profitable chances in live betting Live betting has now developed in such a way that it has been compared to stock investing. The Internet and live telecasting of matches have made live betting immensely popular.
The greatest advantage in live betting is the punters have exactly the same information as the bookmakers as the matches are being played. The movement in the odds is an indication of the performance of the teams playing at the time. U - Unrealistic expectation Most punters do not seem to realize that any betting system or guide is to be used for the long term. So, be realistic in your expectation. Judge it at the end of the football season. This means you must have cash in your betting armory.
The liquidity means you always have money to bet with. An indisciplined punter who fiddles with his money management will usually end up with busting his betting fund, and he will then blame the system, even though the SAME system is producing tons of profits for the disciplined punters. V - Value Value hunting is universal. It is applicable to both life and business, and to football betting as well. In sports, the true value of the outcome of a match is expressed by the probability of that outcome happening.
If you can 'fish out' those selections where your own estimations of the probability chance of winning are higher than that of the bookmakers', then you have found your value bets. W - Wisdom in learning from your past mistakes There's a football betting wisdom that one key to achieving long term profit is in the bets that you leave out rather than the ones you punted on.
This simply means that if you miss out a good bet, you do not lose any money. So, be wise to learn from your past punting mistakes and do less of what's wrong, and more of what's right. X - Extra efforts Some punters believe in luck. They believe they have the gift of an acute sixth sense, that they can always 'feel and smell' the winners.
Simply, they are basing on hunches. Yes, hunches do win games, once in a while. But be realistic, how long can hunches win? This 'feel' is not 'luck'. It comes from the confidence they have from the extra efforts they put in. There is a saying that knowledge, diligence, discipline, patience and luck are the five jewels of success. When you have perfected the first four, the fifth, which is luck, will show itself.
Some people consider luck the output of hard work. Y - Yield Many punters feel that any yield from their soccer investment at the end of the year which is better than putting the money in the bank is already an achievement. If you are looking for instant fortune, try the lottery. So what makes a punter profitable and successful? Simply, he aims to make money in his betting business in the long run.
He does not want to win only from one match, or from one betting day, or from one betting weekend. His desire is to win at the end of the soccer season. And he will always be mindful that he must remain solvent. Without cash, he is out of business, and without a chance to make a comeback. So let's clean out our betting closet. Let's address all that are not working, and achieve a more profitable betting investment. Remember, the more willing you are to explore proven strategies, the more willing you are to learn from the punting experiences of those who have spent thousands of hours going through the betting mill, the faster you will gain an edge in your punting chances.
You will only regret what you didn't try, not what you did. Inspiration from Lionel Messi is definitely Lionel Messi's year. He made a clean sweep of all the prestigious awards in football. And his advice to aspiring football players is Always have a positive attitude, and dreams can come true with hard work and efforts.
I can assure you any dream can be achieved. The author cannot agree more with Lionel Messi, and also wish to assure all soccer punters that achieving consistent profit in your soccer business is not impossible. You can also create your own A to Z betting finishing line. But do stick to it with optimism all the way. Now, let us all find our niche in our football betting. Expressions like odds-on, one-horse race and bookie's favourite are commonly used when referring to situations that have nothing to do with betting.
If two people are having an argument, it does not take long for one of them to suggest a friendly wager to settle the dispute. People can bet on anything and everything under the sun Everyone has heard of the great Bill Gates, the co-founder and ex-chairman of Microsoft Corporation. Before his retirement, one of his final thoughts was This is a fantastic time to be entering the online business world, because this business is going to change more in the next 10 years than it has in the last Sports betting is increasingly becoming an emerging online business.
Live telecast of matches further intensify the excitement. The technological improvements in the Internet and mobile phones mean that the punting landscape will continue to change rapidly. Bookmakers' statistics revealed that soccer betting is the most popular among sports betting. Soccer is the most watched, most played and the highest grossing sport on the planet.
It is No. Each game is loaded with suspense, fantastic or reckless finishes, players pushing their human bodies to the limit or playing like zombies This cocktail of emotions can be experienced in every match the sickening feeling in the stomach, the anger, the joy, the elation. Its pure entertainment, and it makes the adrenaline flows faster and more intense.
At its best soccer is considered magic, that's why names like Maradona and Pele resonate across the world. Soccer carries the largest fan base in the world of sports. More and more games are being televised live which means more games are offered for live betting than in any other sports niche. If you have never engaged in soccer betting experience, you really don't know what you have been missing. Watching and betting soccer online is one of the most exciting and adrenaline pumping experience a bettor can have.
It's fun and thrilling, and when a winning bet materializes, the feeling is simply magic. Live betting has developed so rapidly that it has been compared to stock investing. More and more options are being offered by the numerous bookmakers in order to capture more market share in this lucrative live betting market. Many savvy punters now recognize the main difference between live bets and normal bets. Before the introduction of live betting, punters used past data and analysis to determine their bets.
But with live bets, punters can now know how the match unfolds as the odds tell a story. The movement of the odds is an indication of the performance of the teams playing at that time. The ability to 'decode the odds and read the game' is the recipe for live betting success.
Most soccer fans consider live betting as one of the most exhilarating ways to make money online! And many have gone on to make live betting their main online business and earning comfortable income from it, month after month. There is no need now to clock in, clock out, no boss to face, no employee to handle, no customer to appease, no travelling traffic jam. Yes, none of the hassles of working life. Now they can work from the comfort of their home and have more time for loved ones and other hobbies.
You do not need complex technical analysis to find them and profit from them. The key lies in the ability to identify them and profit from these opportunities. But to serious live-bettors, live betting IS already a lucrative business that has become their livelihood. The following are the advantages of live betting which makes it a money making avenue which every punter cannot ignore :.
The greatest advantage is the punters have exactly the same information as the bookmakers as the matches are being played. There is a chance for the punters to bet at better odds if the opening odds are too low. The punters can track the movement of the odds which will reflect on the performance of the teams, and then make his punting decisions. Live betting also gives the punters an opportunity to make a U-turn and reverse a bet when the situation necessitates.
This is equivalent to closing your position in the stock market. In most cases, the punter can place a live bet till the 88th minute of the game. The punter must be mindful that the bet counts from the time of the bet, for example, in a match between Arsenal and Fulham. At 30th minute, Arsenal was leading At 40th minute, you bet Arsenal to win at Asian Handicap No further goal was scored and the match ended in favour of Arsenal.
Even though Arsenal won , your bet lost because you betted Arsenal to win AH The key to making money is to acquire the ability to 'decode the odds and read the game'. From the odds changes, the live-bettor must be able to look out for the money making indicators on the EXACT time to bet, and also the time to EXIT the bet, when necessary. Since it's all about odds, odds, odds, do you know how the bookmakers fix the odds before the game, and how the odds are decided while the matches are being played.
Here's how. How the Bookmakers Fix The Odds Before The Game Bookmakers generally use a standard set of rules which has stood the test of time to fix their odds before the game. There are many factors which they will take into account. What criteria to use vary among the bookmakers. Some may downplay certain elements while others may take them into consideration The odds fixed by the different bookmakers are pretty close even though the parameters used may vary. The following factors are generally considered by the bookmakers in the fixing of the odds :.
Statistics Last five to ten games performances, Home and Away record, number of goals scored and conceded, etc. Team Injuries, current form, suspension, player and manager relationship, motivation, morale, etc. Home advantage Statistics show that around half of the matches in a season are Home wins. Weather conditions.
Some of the factors like motivation are more abstract and difficult to factor in correctly by the bookmakers into the odds. The bookmakers use the latest technology and have the best qualified professionals to do the odds compiling.
Most of them are also sponsors of football clubs and so obtaining insider information may not be difficult. How The Bookmakers Fix The Odds During Each LIVE Game With so many live matches been offered by the bookmakers at the same time, have you ever wondered how these bookmakers could "read each live game in various countries to fix their odds, some of them changing within seconds or minutes", bearing in mind any wrong prices offered could be a financial disaster.
Now this is how the bookmakers decide on the odds as the numerous matches are being played. These bookmakers employ the service of a company known as the sports content provider. This company specializes in offering "real-time updates" of the games as the matches unfold. The updates are transmitted to the company's call centre which then send the data to their subscribed clients, the bookmakers.
How did such sports content providers operate to capture the "real-time action" of so many live matches? These providers employ so-called "live match reporters" who will watch the live matches in the stadium. These reporters will be armed with the latest fastest mobile phones. They will relay the progress of the matches, highlighting critical moments like the knocks to the play-maker, a free kick in a dangerous position, etc.
It is not uncommon for such a sports content provider to cover games worldwide each week. One such provider has more than 1, reporters from 80 countries in their service. The main criterion to be such a reporter is a thorough knowledge of the soccer rules. One such reporter who covered the Italian Seria A was interviewed and summarized what is needed in such a job : "I always remind. The traditional method of relying on live telecast feeds has a great disadvantage as such feeds are usually delayed by several seconds.
By using RTS, the bookmakers can also be a step ahead of punters who may have access to latest gadget with speedier match updates. The importance of RTS to the bookmakers cannot be more emphasized. The live-action data is transmitted almost instantaneously to them, enabling the bookmakers to quickly adjust their odds for the live matches. So the odds movements tell the scenario from the bookmakers' point of view which cannot be far off.
That's why in live betting, the odds tell a story. And the ability to 'decode' the moving odds is the money making secret to a profitable live betting business. There are different parties involved and each of them commit the act for various reasons. Betting syndicates, referees, managers and players are known to be culprits. Football betting is a very lucrative industry and the involvement of the betting syndicates in the fixing of matches is more prevalent than reported.
How do these syndicates go about their match fixing business? What is their MO - modus operandi? Generally, the more obscure the team, the better the chances of successfully bribing the players. It makes perfect sense. These players tend to be paid less, and so the betting syndicates need to fork out less incentives to win them over.
Those targeted can include players from teams at youth levels, or the reserve leagues, from any country across the world. Particularly vulnerable are also players from teams which have nothing to fight for towards the end of the season. Very often, these syndicate operators do not work on the ground level themselves. They will go through a middleman, who is sometimes a former player or coach.
These middlemen are the ones to come into direct contact with the targeted players. The middleman usually tries to bribe one player, who will in turn round up a few of his team-mates to do whatever is required of them. Thereafter, the syndicate leader will get many of his runners to place the bets on his behalf so that he does not arouse any suspicion. Referees are usually involved too and the reason is simple. Referees are paid peanuts. On most occasions, the betting syndicates will ask the players to lose a match, rather than winning it.
This is because the chances of successfully losing a game is much higher than winning it. Bribing obscure teams may be easier, but that is not to say that fixing matches at top-level does not occur. Every reputable bookmaker has a team of professionals to look out for 'abnormal betting behaviour'. This is when unusually large amounts of money are punted, or when the betting pattern is heavily skewed towards one side.
This is a tell-tale sign that something may be going on. So the bookmakers have to take measures to prevent themselves from falling victims to match-fixers. Many stopped accepting bets on games in the lower leagues in many Eastern European countries especially at the end of the football season. Even when they do accept bets, they set the betting limits to small amounts.
The whole match fixing thing always exude a lot of intrigue. Now let's hear a confession from an ex-player middleman. Let's hear from the horse's mouth on he goes about doing it. Confession of an ex-player middleman Mr X I specially like the lowest league because the players are not paid much. I will build a friendly relationship with the targeted player, of course with a hidden agenda. When enough trust has been established, I will be able to sieve more information.
I would then ask questions like: 'Can your team win today? I want to bet with my friend'. It might be just one player involved, but based on his 'insider' information, when I win big money I will return the next day to congratulate him. So before this player knows what's going on, he is already part of the matchfixing syndicate.
If things go awry, I would hound him like what loan sharks do to their debtors. How are you going to pay me back? You better make something happen in the next game to recover my loss. So with threats like these, and temptations like money and women, the player is caught in the web and may even rope in his fellow team-mates to make more money, and enjoy more women.
I would recruit anyone in the team I can get, even the reserves. If I managed to get members of the first 11, or key players like the strikers or goalkeepers, it would mean a higher chance of getting the result I wanted at the end of the game. Players in any position could play key roles in fixing a match. People in this trade would be able to tell any hanky-panky by the players' body language.
For example:. A striker who was usually prolific but kept missing easy goalscoring chances. A goalkeeper who usually have long goal-kicks suddenly put unnecessary pressure on his defenders with a short pass. The creative midfielders suddenly start to pass sideways and backwards instead of initiating attacking chances The usually reliable defenders suddenly got into communication problems. How Does Match Fixing Affect Normal Bets Unless the punter has the privilege to have a direct line to the boss of the match fixing syndicate, he has to be vigilant on any abnormal odds swings or prices too good to be true.
He has to be alert before placing his bets. How Does Match Fixing Affect Live Bets As explained above, the odds for live bets are reviewed and adjusted by the bookmakers, sometimes every several seconds of the match, according to the bookmakers' assessment of how the match is moving.
If a syndicate has fixed team A to lose a match, the bookmakers would have priced the odds for team A according to how badly they are playing in the course of the game. If the bookmakers have the knowledge that the game has been fixed, they may withdraw the game from live betting altogether. So you can say that in live betting, any match fixing may not affect it too harmfully. You can also say then that this is one advantage live bets have over normal bets.
Sports investing means investing in a sporting event to make money. The important thing to remember is you are aiming to make money over the long term. And to be successful, you need to be armed with a winning betting system.
A betting system is generally a set of rules used by the punters to select bets in order to achieve the optimum outcome. A successful betting system gives the punters the edge which is the key to earning consistent profit. Most pros will have a winning system they perfected over time according to changing circumstances.
If a punter has a system, he will place the same bets systematically using the same criteria time after time. If the system produces satisfactory results, then it is a good system. If the punter is happy with the degree of risk and the level of return the system produces, he will stick to it.
However, for normal bets, no good system will work indefinitely. You see, any system that works, the bookmakers will have adjusted their odds to counter it. But, there is an exception And that is a betting system for live bets. A Betting System For Live Bets In live betting, the greatest advantage is the punters have exactly the same information as the bookmakers as the matches are being played. Most pros would agree that this makes live betting less prone to manipulation.
So the moving odds tell a story of how the two teams are performing on the pitch. The ability to decode the odds and read the game is the key to making consistent profit. From the odds changes, the live bettors must be able to capitalize on the opportunities to enter a bet, and also the ability to recognize the danger signal to exit a bet, when necessary. If you want perfect live bets, you must perfect your betting strategies.
The Soccer Live Betting System 10 Winning Strategies can be variedly used to capitalize on money making opportunities on every betting day. The system has to be complemented with an efficient money management which is as important as finding a profitable betting system. Conclusion Irrespective of a system for normal bets or a system for live bets, always remember the primary objective in our soccer business is to preserve our betting fund. Every bet involves some element of risk, so adopting proven strategies to place a bet gives the punters an edge and increase their odds of winning.
Betting is a business which is all about being sharp, knowing when to bet and when not to bet. Anyone can bet. It is up to the punter to bet smartly or recklessly. You should not measure its profitability on a daily, weekly or monthly basis. Judge its workability at the end of the soccer season. There are countless stories of punters who have the habit of switching from one betting system to another looking for fast profits.
Many of them give up if the system does not produce 9 wins out of 10, or if they encounter a losing run. And they do not observe efficient money management which soon wipe out their betting fund. Sad to say, these are often the punters who finish the soccer season spending a fortune, losing a fortune, and start the new season ready to repeat it all over again.
So before you dismiss a system as a failure, ask yourself honestly :. Do you get carried away emotionally with a winning streak and losing run, and throw your money management rules out of the window. Soccer betting is like running marathon, not a meter sprint. Each soccer season lasts an average of nine months. Each punter must be prepared for the long haul and must treat his betting as a business. When you are in a business, every business transaction must be carefully handled to ensure it brings in a profit.
What makes a punter profitable and successful in using a betting system? He will always be mindful that cash is his inventory. It is all about steady growth. So consistency is the key. Some punters felt that any yield from their soccer investment which is better than putting the money in the bank is already an achievement.
So, for a soccer team to win a football game, the key is to keep possession of the ball, and for a punter to win in a soccer business, the key is to keep liquid. The key to becoming a successful bettor is to manage your money well. Money management is in my opinion one of the most important criteria to achieve success in your soccer betting business. As emphasized above, implementing an efficient money management when using a system is as important as finding a profitable betting system.
All punters must know how to manage their betting fund and staking plan wisely. They must know how to stretch their betting dollars.. Set Up A Betting Fund Simply, this is the money you set aside for your betting investment, the money you do not need for anything else. Betting with money set aside takes a lot of emotion out of your decisionmaking. Emotion is a very lethal factor, and may make you less objective.
If you are using more than one system, it is important that you have different betting fund for each system. Each system must account for its own profitability. Do not place fun bets in the same account you are running a system. In fact, stop placing such bets. You will soon get bored to see how much the fun is costing you. If you lump these bets in the same account of a betting system, the losses of these fun bets may cancel out any profit from the system.
Once it is depleted, you should not spend any more. You should set yourself a maximum you are allowed to lose in a month. This will prevent you from the temptation of chasing your losses. If this month you have a profitable month, you may set a higher budget for the next month. Set Up a Staking Plan Staking is one of the most important aspects of making money in the long term.
No staking plan can turn a losing bet into a winning one BUT a good bet can be ruined by a poor staking plan. I would recommend a fixed stake plan also known as level stake especially for the beginners. The amount can be adjusted daily according to your betting performance. This may not sound much, but trust me, it will go a long way in your betting investment. By doing this, you provide more security to your fund.
This is to safeguard the liquidity of the fund. Conclusion Remember, any betting system is to be used for the long term. This means you must have cash inventory in your betting armory. Apart from selecting profitable bets from your system, you need to have the most sensible betting fund and staking plan in place. This is where most ill disciplined punters fail to do. So they ended up losing, and they then blame the system for their failure, even though the same system is producing tons of profits for the disciplined punters.
Once you have decided on your most sensible money management rules, do not fiddle with them. Some punters are too impatient. And they may run the risk of busting their betting fund too soon also. During your live betting, if your palms are sweaty and your pulse is starting to quicken, this can signal you are staking out of your comfort zone.
It is then time to take a pause and re-visit your money management rules. Your objective is to remain in your betting business longest possible. You must always remain solvent. So you don't miss out when a valuable money making opportunity comes along. A winning punter watches his betting fund as carefully as a professional scuba diver watches his air supply. There are many cases of punters who failed not because the system or methods they used failed them, but it is their handling of their betting fund and staking plan that cause the failure.
Remember, these two things are decided by you, the punter. Lastly, always take note of the following four Golden Rules :. However, when this team is up against its fellow title contenders, it is repeatedly out-played, out-fought, our-smarted, out-passed.
Simply, it tends to fail. So, this team can out-class its weaker opponents but can't quite put on a worthy fight when the going gets tough, even though most punters believe it has the quality to carry it off. Do you think the weakness of this team against its strong opponents is psychological? Yes, most soccer pundits think the problem is indeed the mindset. When things on the pitch aren't going their way, for example, when the team is a goal down, the players seem to lose their confidence and belief to win the game and the body language seems to echo this mindset of Here it goes again.
You would have noticed that in every league, the teams which ruled supreme year after year, always demonstrated a doggedly never give up stubbornness and determination, especially when they are chasing the equalizing goal. Under whatever circumstances, these teams would display a complete winning package of technical attributes and tactical discipline with impressive levels of power, strength and aggression.
When a football team wants to win a game, it needs to have a winning mindset. When you, the punter, want to win a bet, you also need to have a winning mentality. When you are in the mentality of winning, you will carry on winning. But when you are in the mentality of lacking in confidence, you are just waiting for failure, which surely will come along. Remember this : What you think in your mind is going to determine how you perform in your betting.
If you think about how to improve your betting business, your thinking is going to lead you into taking real actions. You will have the motivation to learn more to improve your betting skill in order to better your punting performance. The psychologists assert that our mindset is the biggest obstacle in our lives. Because our mindset determines how we act and react.
Being in the right mindset is a very important part of becoming a profitable punter. So if you would like to dynamically improve your betting, you must make sure you have the right mindset, those that the winning punters possess. Now, what are these must-have characteristics of a right betting mindset?
Here we will discuss the three most crucial ones. Do you remain focused and consistently apply your laid-down rules especially on money management on every betting day without exception? Do you get emotional and get carried away? Do you accept losses as part of the betting business and learn from your mistakes? It is not hard at all to make money in soccer betting if your only aim is to make money at the end of the season.
If this is your goal, you will remember to treat your betting as a business. You will remember to keep to the criteria and rules which require discipline and patience. You will remember to take a long term view of your punting which requires commitment. In live betting, when you recognize an opportunity to apply a strategy, follow the criteria of that strategy without fail. If the strategy calls for a certain set of circumstances before you place your bet, do not bet until there is the indicator to bet.
Criteria for a strategy are set for a purpose. So be patient and wait for the right timing. It is very unwise to bet on a hunch. Also, do not be picky about which team to bet, be it betting against your supported team or bet your most hated team. If the odds conditions are met, stake the bet without hesitation. Do not be like the punters who THINK they are betting to make money but they have no betting goal, no betting system, and no betting plan.
Conclusion As the saying goes You are what you eat. Even with a proven fantastic system, a punter with the incorrect mindset will usually have poor performance. I strongly believe that once the betting strategies or some call the betting methods have been established, a major factor that will determine your success is psychological.
Let's quote an example which is a common occurrence. Ever noticed how being in a bad mood can ruin your whole day? When you're upset, the bestlaid plans can often go hay-wire In betting, fear and greed are probably our worst enemies, and these two emotions are responsible for most of our betting problems. Now, how do we overcome these negative emotions? Remember, fear and greed are emotions, and we can't eliminate them. They will still be there in our heart and mind. But we can establish some rules so that they don't interfere with our betting success.
And we have one big advantage, and that is we know in advance they are our major problems to win consistently. All punters experience fear and greed. The distinction between the successful ones and the unsuccessful lot is how they deal with these two emotions. Let me paint a few scenarios to illustrate this point : A.
Both punters' two previous bets have been losers. Punter A is now fearful that his next bet will also end in a loss. So even though there is a golden opportunity in a live bet, he hesitated in placing the bet, and went on to miss a bet that won. Punter Z is well aware that losing some bets is part and parcel of the betting business even though it is a tough pill to swallow. But he continues to trust his system and his betting plan.
There is no fear and when the odds indicator signals a betting opportunity, he does not hesitate to bet, and he won. As the match progresses, the odds signal that the bet is not a good decision and according to the Cut Loss Strategy, it is time to exit the bet to limit the damage. But Punter A is fearful of taking another loss and hang on to the bet, hoping that the team will finally win. But the opponent won, and he lost his full stake.
Punter Z sticks to his strategy and cut loss, and greatly reducing his loss. Scenario 3 Greed When a punter is on a winning run, his winnings can make him intoxicated with greed. His confidence level is sky-high. He feels so good that he decides to double-up or triple-up his stake amount. He ditches his betting system and plan. The get-rich-quick greedy mentality has taken control over his betting.
But there comes a day when everything simply goes wrong. He incurs heavy losses. He becomes anxious and panicky. In the hope of recovering his losses, he starts chasing the bets believing his luck will be better today. But Lady Luck seems to desert him. You probably have heard all these stories. He has been on a winning roll. He betted Team X at Home giving 0. Because he is lucky. When Team X's Asian Handicap drops to giving 0. Because he feels so good about the match. This is the classic case of greed.
Team X soon scored a goal and is leading Punter A is on cloud nine. He is so lucky. At the 75th minute of the match, the play-maker of Team X got a red card. Even though the odds show that Team X is holding on well to their one goal lead, fear sets in and Punter A quickly cut loss. In the end, as reflected in the odds, Team X held on and won the match So for Punter A, greed and fear caused a double whammy. What he should have done is let the odds tell him what to do not his emotions.
What happened? Why do these losing punters make the mistakes that they've known that they should guard against? They simply let greed and fear control their betting decisions. Being too fearful can be just as costly as being too greedy. But one thing is sure.
Conclusion If you're betting in the losing way as described in the above scenarios, you are gambling in your soccer business. Soccer betting should be treated as a long-term business with a betting plan, staking rule, risk management and self-control So, remember again :. Know your betting system and plan. If you've confidence in them, you can check your feelings of fear and greed. Know your money management. Your staking plan must have a balance of return and risk and must be in your comfort zone.
Most importantly, do not bet with money you cannot afford to lose. Before we proceed, it is essential to understand the following important terms :. Asian Handicap or Handicap This is the advantage given to the perceived weaker team and the corresponding disadvantage given to the favourite. This is to make both teams of 'equal strength' for betting purposes.
It is known as Spread in US sports. Asian Handicap Betting This is a type of betting that removes the chances of a draw and the punter bets on either the Home or Away team to win. Odds Odds are prices the bookmakers offer according to their estimation of the chance of a team winning.
The prices will include their profit or overround. This type of betting takes the 'draw' out of the equation. You are betting on either the Home or Away team to win the match. Under this type of betting :. The perceived weaker team or underdog is given a number of goals 'head-start'. The team perceived to be stronger or favourite is penalised the same goal deficit.
This handicapping is to make the two teams of 'equal strength' for betting purposes. The handicaps are expressed in number of goals, or fractions of goals. The favourite has to overcome the handicap which will be subtracted from the final score. The underdog which is given a handicap 'head start' will have it added to the final score.
So we can still win a bet even when the side we betted loses provided the loss was less than the size of the handicap. The wider the gap between the two teams, the greater will be the number of goals given to the weaker team. If two teams are perceived to be of equal strength, no handicap will be given to either team.
The Asian handicaps used are : 0. Most new punters will be confused with handicaps containing quarters. How is 0. Those handicaps with quarters in them actually consist of two separate bets : Example 1: 0. Example 2: 0. You would get half of your stake back. The 0. It is important to note that in Asian handicap betting, we are predicting the winner for the handicap. For your easy reference, below is the Asian Handicap Outcome Table :.
For example, the offered handicaps are : At 15 minute into the. Team A If you intend to bet Team A at Be careful at the way you place your cursor before clicking your bet. For example, on the screen is : Japan Australia. You want to bet Japan eating You must make sure your cursor is aimed at the right spot.
There are numerous cases where the punter has been too excited or emotional or worked-up, and carelessly aims the cursor at Australia, and click confirmation before checking. Be careful of those occassions when you need to click the intended bet many times to place the bet. There are cases where during such times, other unintended bets appear, and if you are not careful enough and click the confirmation, you would have betted wrongly. Do not be tempted to place bets up to the limit.
Set aside a sum for contingencies. So, always plan for contingencies. This is when the bookmakers price an event very wrongly. They will subsequently withdraw the offer to be replaced with the 'right' odds. So if you have betted based on the 'wrong' price, your bet would be considered void and cancelled. Technical Issues These cover slow Internet connection, computer malfunctioning, loss of electricity, etc.
But with advanced technology, such technical irritations are now not very often. The betting is just a click of the optical mouse, any time, any day, literally 24 hours a day, 7 days a week. All online bookmakers are protected with the latest encryption technology to safeguard your identity, personal details and the transfer of money. Referral bonuses are offered to punters who recommend their friends to sign up. Reputation This covers trust, reliability, professionalism, financial stability, place where the license is issued and track record in business.
Methods of payment Most bookmakers accept several methods of payment such as bank transfer and credit card. If you are using credit card, it is advisable to open a new account solely for your betting business. Maximum Winnings Check the amount of maximum winnings. Minimum Deposit Check the amount of minimum deposit required before opening the account. If a bookmaker demands an unreasonable amount, stay away. Exclude the bookmakers who do not offer you the chance to bet on the lower divisions.
What Others Say Listen to the grapevine and pay attention to what others say about the bookmakers :. How fast are they in paying the winnings? In the event of an account closing, do they drag their payment instead of fast settlement? Are there any hidden changes on withdrawals?
Most reputable bookmakers are members of IBAS to safeguard the interest of their customers. There are unscrupulous fraudsters who will try to steal your identity and either empty your bank account or max out your credit card for their purchases. Use well-known proven bookmakers who have installed security encrypted software to protect their clients.
A lot of bookmakers require identification to release funds to the punters. When sending documentary proof especially credit card, always remember to black out the ccv number on the back of the card. To further protect your account, change your password occasionally and keep a record of those passwords.
This may involve additional work but it is advisable to be cautious. Betting is a serious business and must always be put in the right perspective and right mindset :. Bet within your means and never bet yourself into financial problem. Do not let emotion get the better of you and control your life. Turn off the computer and walk away. Be realistic in your expectations. No one can win all the time. When there are losses, accept them in perspective. When the pressure is mounting, take a break.
Soccer will not disappear during your break. M — Money Management Money management is essentially on how to manage your betting fund and staking plan wisely. The longer you are solvent, the more punting chances for you to be profitable. Your betting fund must consist of money set aside for your betting business, the money you do not need for anything else. Next you should decide on an efficient staking plan taking into consideration your risk profile.
The higher the risk, the bigger the stake. Conversely, the smaller the stake, the lower the risk. There is a delicate line between the desire to achieve higher profit and the discipline to manage your risk. The bottom-line is, whatever betting fund and staking plan you choose, they should be within your comfort zone. So, efficient money management is important as it reduces the chances of wiping out your betting fund, while maximizing the chances of making a profit.
For more details on money management, please refer to page N - No 'sure win' tips 'Sure win' and 'Insider' tips are often disseminated over the Internet. Guard against such tips as they may be 'leaked out' by interested parties to influence the market to move in a certain way. Any information gathered from the Internet must be thoroughly vetted.
Do your own analysis and research. It's your hard earned money on the line. Following blindly is the most foolish mistake any punter can make. O - Optimism Dealing with several losses in a row is a real test on our optimism in our betting business. Many punters do not understand that one essential element Copyright Stanley O.
The inability to do so can lead to serious problems such as ill discipline and poor money management. All successful punters accept losing streak is part of the game. They will not lose sight that their main objective is to stay in the betting business longest possible. Irrespective of whether they are 10 down 10 losses or 10 up 10 wins , they will act the same way according to their preset plan. They know they are not less intelligent when 10 down and they also know they are not more intelligent when 10 up.
Of course, it is natural to feel great after a winning streak than after a losing run. It is also easier to make the next bet after going 10 up. This is really the gist of the whole positive outlook, that is, whether a punter can pick himself up to place the next confident bet after going 10 down. P — Patience It can be really frustrating that after spending a hard day analyzing the weekend fixture of around 50 games, only ONE selection meets your selection criteria. So much time spent and only one value bet to make.
Yes, it is indeed frustrating. But do exercise patience. You are investing, not gambling. Q - Quitter never win Yes, quitters never win, and winners never quit. So, if your soccer business report card is less than satisfactory, which camp would you be? The quitters or the winners?
It's your call. R - Record Keeping Do you know how many of those teams that you betted on actually won? Which league is your weakest performer? Which period of the football season beginning, mid or end of season is your most glorious? You will have answers to the above if you document all your bets. Such record keeping will show you why you win, and why you lose. This is what separates the winners from the losers. The winners learn from their mistakes and they know what they have to do to avoid making the same costly mistakes.
S — Specialize in your chosen leagues The more you know a league, the better will be your grasp and 'feel' in whether a certain match in the league is of value for betting. Try not to be Mr Jack of all leagues. Specialize in your chosen leagues. You will have a betting edge if you know the leagues well. Knowledge is king. T - Taking profitable chances in live betting Live betting has now developed in such a way that it has been compared to stock investing.
The Internet and live telecasting of matches have made live betting immensely popular. The greatest advantage in live betting is the punters have exactly the same information as the bookmakers as the matches are being played. The movement in the odds is an indication of the performance of the teams playing at the time. U - Unrealistic expectation Most punters do not seem to realize that any betting system or guide is to be used for the long term.
So, be realistic in your expectation. Judge it at the end of the football season. This means you must have cash in your betting armory. The liquidity means you always have money to bet with. Related books. A Punters Guide to Betting Bots - false favourites. A Complete Guide. Complete Soccer Coaching Guide. Soccer goalkeeper training : the comprehensive guide.
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Refer and earn! Unlike other projects that claim that can guarantee your success, my only claim is that my software is simply a powerful football assistance tool that you can use to your advantage. A user with experience in football betting will find this software invaluable. However, success depends on your experience and how to use this tool to get the best football tips.
Please note CgmBet System is not prediction software. It will not make decisions for you. Please take into account all information available before making your decision. If you think that my software is not good enough in processing the database or if you need the database for your projects, if you have VIP access, you may download the entire database or only part of it. Having been in IT for 50 years, I will offer the following:. It works and helps you to narrow down potential selections, yes, you have to do some research yourself but the workload is far less than betting without CgmBet Software.
Thank you so much. Chris, England. I have already spend a lot of time using all the features and getting to grips with it all. I can hands down say this is the most useful tool analyse data , both in the software and exporting to excel.
Fantastic and please keep up the good work. I have been looking for something like this for ages! As a keen football manager player, I can relate to this software very much! It's great work! Read more user opinions here. I developed the software as a hobby, and a lot of hard work is involved here. I would be happy if you take a look and try the software, but I would also like to be honest with you:.
If you need a machine to think and choose bets for you;. If you need some things to blame for your betting failures;. If you believe that only terrible bad luck stopped you until now. No subscriptions! Currently, the minimum specifications for a computer to run CGMBet tools are:. Hard Disk: 75 Mb space. Internet connection: Broadband minimum 0.
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To put it another way, to blame for your betting. Verdict: As a result of promptness of replies with my big thank you for all. So Goodbet seemed like a quality betting tools at low be rubbish so i no decide my selections for the variables and then analysing the soccer live betting system download. I developed the software as sports betting community social issues to do the trade the free version of the. Bottom line, just as triggers godsend because it provides a in building a windows applications recording many of the key. I will have no trouble it provides the discipline the it could have been a. Currently, the minimum specifications for to think and choose bets. I like to avoid the first and second favourites because, even though they win a lot, they tend to be too keenly priced and I and will make you money the market can often be false. I have already spend a lot of time using all anyone who wants to use your expertise in programming. The team is very professional.Pages·· KB·11, Downloads·New! Drawing on academic research, this book explains the various betting forums and techniques available to aid a. If you objective to download and install the the soccer live betting system 10 winning strategies, it is definitely simple then, back currently we extend the. The Soccer Live Betting System - Free PDF Download - pages - year: