In my opinion the importance of good money management while betting is THE most important factor to becoming a long term winner. Picking winners is great, but no one wins all of the time, no matter how good they are.

So what do I mean by money management? Well, to me money management is the art of keeping your losses to a minimum so that you bank is never affected too much by a single day of losses. Not only that but it is making sure, as best you can, that your bank grows over time. Bank growth is where the issue appears for most people.

Lets take a very common example…

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There has been a lot to be getting, or betting, on with at Wimbledon, back to the racing now.  the stand out selection for a free betting tip from the system today as follows – …
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Click to view current odds for British GP at Silverstone

With qualifying over and Jenson Button struggling to make an impression for the first time this season, it looks from our computer race simulation that his team mate Rubens Barrichello could be the value bet of the weekend Click to view current odds for British GP at Silverstone.

The Reb Bull’s are looking strong, and with their new modifications will be hard to be, they will have to be on the top of their game though to keep the Brawn GP of Rubens Barrichello at bay.

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Some great racing action at Ascot this week, but I’m off to Redcar for today’s free horse racing tip…

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Some great racing action at Ascot this week. Today’s free tip for Friday’s Ascot horse races as follows…

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Finding value is the key to making profit long term from betting.  Not one single punter wins every bet he/she makes, in fact just getting a good winning percentage can be hard.  Don’t give up if you have a few loosing bets because the good news is that if you make sure you find the value you will profit long term.

Value simply means finding better odds than the chance of it occurring.  A crazy example might be a football match, lets say England v Andorra.   The realistic odds for England winning at home might be around 1.2, but lets suppose you see the odds available at 1.7?  This is a value bet it gives England roughly a 58% chance of winning the game, where in actual fact the probability should be more like 83%.  If you could pick a bet like this every day then you would be very rich.

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I should be busy at work on the new systems, but I just can’t resist a bet on Ascot . Today’s free tips for Ascot horse racing…

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The new systems I have been working on are coming along very well, so there is time for some nice Thursday racing today at Newton Abbot. Today’s free tips for horse racing…

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It felt like a strange week this week as I didn’t make many bets at all. This was partly because I cashed in part of my betting bank to use to pay for a holiday, and partly because I have spent the analysis time working on my Poker game.

I was writing an article about the Monaco Grand Prix yesterday (Click here to read) and concluded that Lewis Hamilton was my bet after the practice sessions. I put my bet on at odds of 12 as soon as the practice session had ended. A lot of other people must have gone with the same bet because I was able to lay off for a nice profit less than 15 min later at odds of 9.8. Click to view current odds for the Monaco Grand Prix

I might be making some more bets after the qualifying, so I’ll post what I do on here.

Note: Never bet with any money that you are not prepared to lose. This system is a high turn over system with the aim of long term profits; it is not designed to be used for single selections. Always form your own opinion when betting and do not blindly follow tips.

I have been feeling a bit under the weather the last few days hence no updates.  Todays free tips for horse racing…

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