by: Jess Kirley
? Quit as soon as you are in front for the day?
? Set a stop loss and quit betting for the day if you reach that point?
? Set a profit target and quit as soon as you reach that goal?
? If your first few bets lose, then you should quit because you luck isn't with you today?
? If you win your first few bets then you should quit because you have already used your luck for the day and from now on you must have bad luck?
Sound familiar? I am sure you have heard them all before. Most punters usually will advocate one of the above, or a slight variation of one of the above. They say that this one decision is just as important as the game they are playing or the skills they possess in the game.
Which is correct? Well, if you are a serious long-term player, there is only one answer (well, to be honest, maybe two).
Quit Betting For the Day if You No Longer Have an Edge.
I want you to read this one line, out loud 10 times, as it is that important.
This is the only reason you should stop betting (providing of course, that you hold an edge). I am not plucking this idea off the top of my head. No, this is a mathematically proven fact! I don't care how much money you have either won, or lost, on any particular day. If you have good bankroll management and your judgment is not affected by a winning or losing run (which it shouldn't be, once you become experienced), then I would suggest that you continue to bet. It is that simple. You should not view your betting as separate sessions where you calculate your profit or loss. No . . .
You must view your gambling as one continuous session, which NEVER ends.
This is the reason it would make no sense to quit just because you are ahead or behind. This is reality. As long as you have an edge, tell me why would you stop betting? OK, we all have to sleep, eat and live our lives. I believe this is the only other reason as to why you would consider calling it quits for the day. Also, if you are mentally fatigued, it doesn't make good business sense to continue your betting either.
In saying this, I certainly can understand how punters perceptions may lead them into false beliefs. After all, how many times have you been a few hundred in front at the TAB, casino or track, only to leave with your tail between your legs and twenty cents in your pocket? On the way home you think to yourself, 'I knew I should have stopped when I was ahead'. How did you know? Keep in mind I am assuming that you hold a long-term edge on your game of choice.
If you don't hold an edge, then yes, you should quit while you are ahead, or to go one step further, you should be playing with small stakes for a bit of fun only.
However, providing you hold an edge on the game, are still mentally alert, have not become emotional (become over confident or are reeling from a loss), and would like to make some money, then you should continue to play your game regardless of recent results.
Providing you continue to make positive expectation bets, tell me why you would stop, if you lost a couple of bets in a row, or if you struck a winner with your first bet? (I am assuming you have established a betting bank that you can afford to lose.)
The only benefit I can see in stopping, when you have either won or lost a certain amount, would be to boost your confidence. To stop betting for the day, when you are showing a profit, may help to boost your confidence. In reality, you are reducing the amount that you will make in the long-term (because your turnover is not as great), but maybe your confidence and enjoyment derived from gambling may rise. In this case, stopping after a couple of good wins may be the way to go for you personally.
If you don't have an edge, and you are serious about making money from gambling, you should develop your gambling skills so as you can create an edge.
However, if you are gambling purely for the enjoyment, then setting stop losses, either at a winning point or losing point, is the best way to play. This way, by reducing turnover, and thus not losing as much in the long-term, is smart play.
About The Author
Australians Matt Elliott and Jess Kirley, at http://www.puntingace.com have been investing together professionally on sports for over 3 years now. They take a very mathematical approach to their betting, and liken it more trading a commosity like stocks than actual gambling. They continue to lead the industry with innovative approaches to sports betting and their reputation among their peers is testament to that. Visit http://www.puntingace.com to discover how you too can turn your hobby of betting into a profitable endeavour.
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Fix Annoying Popups in 5 Minutes or Less
Fix Annoying Popups in 5 Minutes or Less
by: John R. Ashburn
What are "Annoying Popups"? "Popup" is the most commonly used term to refer to unwanted popup windows or dialog boxes.
Annoying popups are windows or any type of dialog boxes that pop up when you don't want them to.
The two most common types are: popup advertising on webpages (not necessarily spyware) and popup advertising from programs installed on your computer (usually spyware)
Fixing popup advertising is usually a matter installing a free popup blocker or removing spyware.
Since most unwanted popup windows come from advertising, the quickest way to solve a severe problem of this nature is to run scans for spyware or adware on your computer.
FixTool recommends the following absolutely free (to run and fix) scans:
1) Microsoft Anti-Spyware
(Requires a legitimate copy of Windows)
2) Lavasoft Ad-Aware
3) Panda ActiveScan...
Boots > Fix Annoying Popups in 5 Minutes or Less
How To Choose The Snowboard That?s Right For You
How To Choose The Snowboard That?s Right For You
by: Danielle Rose
Picking out a snowboard can be difficult because there are so many brands and types to choose from. Three major types of boards are freestyle, alpine, and freeride. When picking out a snowboard, you need to determine what style of riding you are going to be doing, and get a board specific to that type of riding. If you are going to be spending your time in the half-pipe a freestyle board is best for you. Freeride is best if you are going to be making runs down the hill, and alpine will be best if you are up for some high-speed racing.
Another important aspect of picking out a board is making sure that you get boots and bindings that go with the board. Each set up is going to have its own characteristics specific to the type of riding that a person will be doing.
Beginners should start with a freestyle (
How To Choose The Snowboard That?s Right For You
Boots > How To Choose The Snowboard That?s Right For You
Buying Petite Clothing Made Easy
Buying Petite Clothing Made Easy
by: Bridget P. Allen
All you girls 5? 4? and under, fight for your right for high quality fashionable clothes! Many petite women find it difficult to find properly fitting quality clothes. It?s only recently that designers target petite women with fashionable clothing.
This year, fashion is all about you and your style. Fashion is about confidence. If you feel great in an outfit, others can?t help but feel your vibes.
In the past petite women had to settle for ill fitting regular clothes in run-of-the-mill sizes. But that?s long in the past. Today?s petite women find more and more stores devoted to meeting the needs of the short statured.
Petite framed women can wear just about any style and look slimmer and most importantly taller, by following a few simple rules.
Avoid bold, large patterns with heavy fabrics. Keep print in proportion to your figure. Smaller frames deserve smaller prints....
Buying Petite Clothing Made Easy
Boots > Buying Petite Clothing Made Easy
Boots Are Also Made For Riding
Boots Are Also Made For Riding
by: Maricon Williams
According to Jessica Simpson?s song, ?boots are made for walking?. However, boots are also good for riding escapades.
There are different kinds of boots that will suit every rider?s personality and performance. They are tour boots, race boots and shorty boots. Tour boots are long and slender boots that use a number of protection shells. Race boots, on the other hand, are a bit complicated and aesthetic. It uses armor shells on the impact area so as to secure the feet in times of collision. They also come in flashy colors and designs. Finally, we have shorty boots. These boots are lighter versions of the normal boots that we usually see.
When looking for a perfect fitting pair of boots, you must consider ventilation. Boots usually heats up feet faster that other shoe apparel. Therefore, it must have good ventilation system to make your feet comfortable yet precluding rain from coming...
Boots Are Also Made For Riding
Boots > Boots Are Also Made For Riding
Choosing Hiking Boots
Choosing Hiking Boots
by: Marty Rubenski
If you?ve ever been 5 miles from the trailhead with painful blisters, or even a sprained ankle, you will appreciate how much your hiking enjoyment rests literally on your feet. The selection of the correct hiking boots can be the difference between a great experience and a disaster. The choice of the right pair of boots can add considerably to your comfort and personal safety, especially in rugged or difficult terrain.
Before you start comparing the many brands and styles of hiking boot, consider the type of terrain and your style of hiking. Do you take extended treks through the mountains or just stroll through the local park or greenbelt? Select a boot based on the most difficult terrain you will encounter. Do you carry a heavy pack? The heavier the pack the sturdier boot you will need. Are you an all-weather hiker? Do you need a lightweight breathable fabric or a heaver waterproof material?
Modern...
Choosing Hiking Boots
Boots > Choosing Hiking Boots
How To Choose The Snowboard That?s Right For You
How To Choose The Snowboard That?s Right For You
by: Danielle Rose
Picking out a snowboard can be difficult because there are so many brands and types to choose from. Three major types of boards are freestyle, alpine, and freeride. When picking out a snowboard, you need to determine what style of riding you are going to be doing, and get a board specific to that type of riding. If you are going to be spending your time in the half-pipe a freestyle board is best for you. Freeride is best if you are going to be making runs down the hill, and alpine will be best if you are up for some high-speed racing.
Another important aspect of picking out a board is making sure that you get boots and bindings that go with the board. Each set up is going to have its own characteristics specific to the type of riding that a person will be doing.
Beginners should start with a freestyle (
How To Choose The Snowboard That?s Right For You
Boots > How To Choose The Snowboard That?s Right For You