Posts tagged Living
Review of How To ‘Place Bet’ on Favorites For A Living Or Outsource To the Horse
Apr 13th
I first heard about Mr. Ali on a plane from London to Saint Louis, a few years back. I was traveling from Poland back to Los Angeles, changing planes in a few places. It was on that plane that I met some Englishman who, as he claimed, was a professional punter. After a few beers, he confessed that all I needed to be as successful as he was information in some book. He even mentioned the book, but all I was able to remember was only its author’s name: Mr. Ali.
At that time I was working for a gaming company in Beverly Hills. It was just a few months later that during the company’s Christmas party I met some young Asian lady who was making her living betting on horses. I asked her if she knew the book by Mr. Ali. “Yes,” was the answer. It turned out that she was using a variation of Mr. Ali’s strategy.
Understandably enough that piqued my curiosity, but it was not until a few years later that I did a more thorough investigation of the book and the strategy it presents. I found it easily on the Internet. I read it carefully and while I am hardly a punter, its ideas made a lot of sense to me. After some more research, it became apparent to me that this was perhaps the best method of betting on horse races available on the Internet and so I recommended it to the vistors of my site. One of them, rather skeptical though highly intelligent a fellow contacted me about it by email. We exchanged a few messages about it and yet it still took him a few more weeks before he finally decided to give this ebook a try. Literally only a week later, I got another email from him telling me some really good news: the ebook strategy had made him some good profits. I was really surprised that it was possible to start making money with this strategy so fast, but it would be rather silly of me to question what he was saying as he had hardly any interest to lie to me.
The strategy offered by the ebook seems rather common sense and ordinary and yet it can certainly be highly profitable. It focuses on placing bets on superfavorites that is the horses most favored by the public. Hardly a surprising strategy, isn’t it? But that is not all. The crux of the strategy and the reason it can be so effective lies in the number of filters it uses to pinpoint the most favorable betting conditions under which one should place bets on the horses identified as superfavorites. What qualifies as a superfavorite is elaborated as well. Altogether, this creates a pretty safe, intelligent strategy that boasts a high winning rate, which for this reason could be very good to those with modest means as they can start with only a small sum and grow it relatively fast. Some variations of this strategy are also discussed and they seem to work well too, although their winning rates are not as high. They compensate this by allowing more betting action.
The ebook is quite suitable for beginners, although I wish the author spent a bit more time discussing how to use the Internet for betting on horses with this particular strategy. If you are new to betting on horse races, this could be an excellent introduction to this subject that offers a sound strategy likely to keep your winnings grow.
Moreover, unlike with poker and some other forms of online gambling, the most recent modification to the US gambling law does not restrict placing online bets on horse races in any way. So Uncle Sam really wants you or at least he will not turn you down.
Waldemar Puszkarz, Ph.D., is a web veteran with 15 years of web surfing under his belt. By training, he is a theoretical physicist, but his interests are much broader than science and include trading financial markets, sports betting, poker, and researching online business opportunities. He is also an avid book reader and sports afficionado. Currently he is making his living mostly as a day trader. He has been in the trading trenches for almost a decade during which he has traded a variety of financial instruments. He is the owner and webmaster of Eminimethods.com (http://www.eminimethods.com) which provides free common sense trading education and simple trading systems for e-mini and stock markets as well as reviews of honest online business opportunities in Meet HOBO (http://www.eminimethods.com/HOBO.html) section of his site.
You can find more information about this ebook on this author’s website at: http://www.eminimethods.com/horse_races.html
Gambling For a Living Requires a Business Plan Or Strategy
Mar 23rd
One of the paradoxes of life is that at first glance, gambling for a living seems to be a carefree, easy, and unconfining way to make a living. But appearances are seldom what they seem and that is especially true of professional gambling. Successful, profitable gambling is a process and not just luck.
Like any way of making a living, gambling requires hard work. The more successful you want to be in life, the harder you have to work at it. You can work hard without a plan and get some results, though they may be mixed, or you can work hard with a plan or strategy and get better results. The question is, how much of a payoff do you want for that hard work?
If you don’t want to waste time and all that hard work, I suggest you plan your work (learning how to gamble) as well as your gambling. The studying and learning are part of the job, so you have to consider part of pro gambling is education. How you get that education may vary. For some, a gambling mentor or school is the way to go. Other people choose books, videos, and other methods. While you can practice at the race track or casino or sports book, practicing before you study can be very costly.
Successful businesses usually have a business plan, in fact, business experts say that a good business plan is the most important tool for success in business. Since pro gambling is a business (and if you aren’t treating it that way, good luck making a profit and luck is exactly what you will need) it only makes sense to have a real written plan. The first part of that plan should be a list of tools that you want to acquire or have acquired to be a successful gambler. Write down what skills you will need to be a success at your chosen gambling venue.
Obviously knowledge of the game, whether it is racing, sports, or casino gambling, is a good place to start. To be successful at a game or business you have to know it inside and out. Knowing what tools (skills and knowledge) you will need and how to acquire them is a good place to start. Also, writing down some realistic goals is another requirement. If you don’t know what you want or expect, how will you figure out how to get it or even know when you have attained it?
Money management is an absolutely essential skill that you need to develop and practice vigilantly in order to succeed as a gambler. If this is starting to sound like a lot of work and somewhat confining and less free than you thought gambling would be, welcome to the real world of professional gambling.
Everything should be written down in a business plan. It doesn’t have to be real complicated but it should be clear and give good guidelines that you can follow. It is your business plan and you can edit it any time that you want to. I advise you to write your plan including goals, both financial and personal, starting bankroll and where future more money will come from, as well as what tools and skills will be needed. Next, start to budget your time. How much time will be spent each day/week/month on book keeping, learning, gambling? Also, and this is very important, how much time will you spend reviewing your plan or gambling strategy and also, finally, how much time will you spend on other areas of your life such as family and relationship commitments and responsibilities?
Let’s not forget that gambling can be fun, but it also is work, in fact, if you do it for living it can be more work than work, if you know what I mean.
Bill Peterson has been a professional horse player and card player for years. His innovative techniques were developed by thinking outside the box. In his own words, the result of “A life well wasted.” Bill has been teaching the basics of gambling for years and you can read about Bill’s Power Point Poker at http://www.powerpointpoker.com
To see all of Bill’s horseracing handicapping methods at http://williewins.homestead.com , The Handicapping Store. “No one can make you a winner but learning the basics and a few little known secrets and techniques can advance you closer to your dream of making a profit at your favorite game. Use my methods and customize them to suit your own style and you will be ahead of 99% of the crowd.”