There Is No Such Thing As The Gambling Olympics!
I often become bewildered when I hear of people bragging, because they have high strike rates and/or high profit-on-turnover figures (POT). You know the 'my strike rate on the Soccer is 73%' or 'my POT on the gallops is 90%'. Yes, OK, congratulations. Give yourself a pat on the back; you are making money. Well, actually, if your strike rate on the Soccer was 73%, this certainly does not guarantee that you are showing a profit. After all, the goal is to back plenty of winners, isn't it? Well, yes and no. Is the goal to simply make money, or is it to make as much money as we can, given our current resources (time, starting bank, knowledge, etc.)? I realize that it sounds like I am being a little greedy, but come on, admit it, we all want great, big, fat, consistent profits from our betting, don't we? I truly believe, that many punters think, that this punting game is a competition, where plaques, certificates and smiley faces are awarded to those with the best win strike rates and profit on turnover figures. Yes, before you wipe your writing pad out to type me a letter of disgust at my arrogance, I admit that I am being a little hard-lined on this one. I mean, really, WHO CARES if you have a POT of 30%, 60% or even more? WHO CARES how many winning teams you backed, or how many horses you backed, which were first past the post? It seems to me, that many punters seem to turn a blind eye to one and only real measure of how well you performed . . . How Much Money Did You Make? Maybe I am the odd one out, but every time I hear somebody spruiking, that they make an excessive POT of say 20% or more, the first thought that pops into my head is certainly not, 'Gee, that bloke really must know what he is doing, what a legend!', but more along the lines of; How Much Money COULD He Have Made? If you achieve high POT figures, you are telling me three things: 1. You have had, maybe, a couple of dozen bets at most, 2. You are way too selective with your selections, but most importantly, 3. You are not making as much money as you could be. Whenever I try to explain this to a punter down at the pub, they think I am totally insane. "What Do You Bloody Mean That I Could Be Doing Better? You Tell Me How Many Other Punters Can Achieve 90% POT?" Generally, that is what I hear, when I open my mouth about this subject. Look, missing a good bet is as bad as making a bad bet. There is little excuse for either. We all do both, but hopefully we don't make that same mistakes twice. For those who disagree, I ask the following: Tell me why I should turn my back on a positive expectation bet, regardless of the return? Maybe I should not make the bet, because I may damage my strike rate, or may lower my POT, and as a result, won't sound as good when I brag to my mates. RUBBISH! There is no such thing as the gambling Olympics; you are not going to get an award for having the best POT figures or strike rates. I shall repeat this once more. The Aim Of The Game Is To MAKE MONEY. If you are achieving an average return on each bet of more than 20% or 30%, I believe you need to rework your approach, and do a little work to get that POT back down a little by making the smaller positive expectation bets. Yes, bring your POT down! How many good bets do you think you are missing, if you wait all year, and make only 12 bets, but you have 80% POT? You are making money on those 12 bets only. OK, fair enough, you may make those bets quite large in relation to your bankroll, but bear in mind, you may be able to make two, three, ten or even more times the amount you are making now by taking those smaller edges. The article . . .'The difference between your edge and your expectation'at www.puntingace.com follows on from this concept. Reading this one article may make $1,000's of dollars of difference to your bottom line over the course of a year. Remember, it is not how many winners you back, but how much money you make. Leave the bragging and high turnover figures to the 'heroes'. Australians Matt Elliott and Jess Kirley of 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 a testinmony 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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Search Engine Marketing: SEO And PPC, Part 2
Another very effective way to increase the amount of traffic to your website that is from your target market is called Pay per Click advertising (PPC). This type of marketing is very cost effective. It involves placing an advertisement on a search engine or another website. As visitors read it and take an interest in the advertisement, they will click the link. You only pay the host a set amount for each time the link is clicked.
EPT Barcelona Open 2007 and The Master Classics of Poker in Amsterdam, Holland at CelebPoker.com
Search For A Star! Team Celebpoker has been created to provide all Celebpoker players with an incredible opportunity to represent Celebpoker at major European poker events. CelebPoker is going to send 2 different teams of players to represent them at separate European events.
Most Overlooked Search Engine Optimization Technique
Some of the basics when it comes to SEO and getting high ranking in search engines starts with using a keyword and then placing it strategically throughout the website in content, title, headline, etc. Using the keyword multiple times in your content is great, but lets look at something that a lot of websites completely overlook.
Web CEO 6.5 Tames Search Engine Optimization
New features and tools were added to make Web CEO 6.5 more cutting-edge and user-friendly.
Purple Lounge Launches Microgaming Powered Casino
Purple Lounge, the leading luxury online poker and lifestyle site, announces the launch of its eagerly anticipated casino offer. Powered by the world's largest supplier of online casino and poker software, Microgaming, Purple Lounge will allow the site's 30,000 registered customers the opportunity to play on over 300 high quality casino games, as well as the chance to win one of the multi-million dollar jackpots available through the Microgaming Progressive Jackpot Network - the world's largest progressive.
Online Poker Games - Which One Is The Most Profitable?
There have been countless studies done on poker players from around the world and hundred?s of online poker reviews posted by the most advent poker players show that online poker tournament?s such as Sit-N-Go?s are the most profitable overall. The main reason? You can?t lose your WHOLE ENTIRE BANKROLL playing an online poker tournament. When you sit down in a ring game aka cash game, you run the risk of losing your entire hard earned bankroll in one hand. Let me give you a little scenario. You think your aces are good, you push all in preflop only to be called by QQ and get cracked. Your hours of grinding at the .25/.50 poker tables, .50/1.00 poker tables, and finally playing 1.00/2.00 poker blinds is done the drain. It happen?s all the tim...
Search Engine Optimization For Business; Who Needs It?
Not everyone knows the value of the internet as a business and marketing tool, but they should. The internet has become a huge part of our lives and the lives of our consumers, and like it or not, that is not something that is going to change anytime soon. The internet has become the place to do business and to supplement the income/information available from a brick and mortar store. Even the tiniest shop owners are catching on to the idea of web sites and Enewsletters, and you should be, too.
6 In 1 Casino Gaming Table Furniture - Top Review
The 6 in 1 Casino Gaming Table Furniture has all the items needed to play any kind of poker game Let us see the features of the 6 in 1 Casino Gaming Table Furniture
Free Poker Provider PrizeWagon.com Enters the Facebook Social Network
PrizeWagon.com is announcing Acebook Poker, a Facebook Application made specifically to bring free Texas Hold'em for cash and prizes to Facebook users.
Search Engine Optimization (SEO) Guideline, A Guaranteed Blueprint
In this article I will list down some important steps and recommendations that you must do to optimize your website for search engines I will try to be clear and simple as much as possible and will explain things in fair detail
Research for UK Adult Dating Web Sites in Four major Search Engines
People are always curious about SEX, aren?t they? But any given individual will always bring a different viewpoint to the subject. Some take it aesthetically, some practice it purely for pleasure and fun, while others are really very serious about sex. Differences in attitude do exist between Westerners and Easterners, but both will agree that the subject of sex grabs their attention. As far as dating sites are concerned, they have been playing a major role by providing an ideal platform where adults can meet with like minded people. The days have gone when people are embarrassed to talk about sex openly. SEX is like a golf ball: you just need to swing your stick and the ball will find its HOT HOLE eventually. As you know, dating sites (esp...
So, Let's Merge Alfred Hitchcock, The Twilight Zone, David Lynch, and Silent Hill Games I & II, Shall We ...?
Creator's and Author's of Devil'z Hide Mary Margaret Park & Sekrett Scilensce weigh-in on their upcoming Psychological/Survival Horror Novel…
Search Announced for Legendary 'A 1' Private Number Plates
UK number plates experts announce a campaign to clarify the current status of the legendary 'A 1' car registration, probably the most famous number plate in British motoring history.
SendTec Collaborates with Microsoft(R) HealthVault(TM) on Ad Sales, Administration and Technology: Powerful Vertical Health Search Engine Cruci
SendTec (OTCBB:SNDN), a pioneering Search-Centric(sm) multi-channel marketing company, has been selected by Microsoft Corp. to provide sales, administration and technology development for certain specialized ad units that appear on the search result pages of the recently launched Microsoft(R) HealthVault(TM) platform.
Poker Stars has Released new PokerStars Marketing Code: PAWSUB9 and a new Poker Stars Bonus Code for 2008
This New marketing code for PokerStars gives poker players a huge 100% Bonus. This Bonus at PokerStars is very easy to earn.
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