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Tuesday, February 28, 2017

The single biggest reason punters go broke

Hey,
As much as we like to make profits for our members, it's just as important that we save money. After all, you can't continue to bet and profit if you don't have a buget.
Unfortunately, most bettors lose all of their money. In some cases, they try to "win it back" and end up losing their car, house, and sadly, sometimes even their family.
Because of this, friends and family will often worry about a football bettor because they don't want this to happen to them. And neither do I.
Rather, I'd like you to be proud to tell people you make money by betting on football. Not only is it a great way to make a living, people will be impressed by how you were able to "figure it out" when so many others fail.
Now, onto the topic of saving money.
Poor money management is the single most common reason why bettors go broke.
Here's some advice you can use to avoid this from happening to you.
Set aside a dedicated amount of money (a budget). Do not use your everyday spending money or your savings. Take some of your extra money and put it into a fund specifically for betting.
Never commit more than 3-5% of your budget at one time. This requires a good level of discipline (remember, one of the three keys to being a successful bettor). It may be tempting to go after the "big wins," but what happens if you end up with a big loss? Game over. The more your bankroll grows, the more money you'll be betting (and making), but it should never be above 3-5%.
Take breaks. Betting may seem like a logical game, however logic is only part of it. Actually, logic is just a small part. Emotions and fatigue will heavily affect your ability to make the right decisions. Remaining stable and consistent is how every successful bettor gets to the top of the game.
I hope you've found this helpful. Of course this isn't everything there is to know about bankroll management.
If you have any questions you'd like to ask, hit "reply" on this email and I'll get back to you as soon as I can!
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Talk Soon,
Jian Lau
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