If you don't mind me bringing this over?
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Originally Posted by Ben Cousins
Interesting. I'm always keen to gain some knowledge on the sporting game as I do enjoy a flutter from time to time. What you say I can relate to. I usually pick the short priced favourites and wager fairly large. I have of course, a very good success rate and pick a high percentage of winners. But as you stated, the margin for error is very small because all it takes is one loss and you're King Hit.
Money management is the key. Play by the rules, you won't get bitten. Invest in filth, you end up in mud. Golden Rules are don't get greedy and don't bet what you can't afford to lose.
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And I pick the long shot mega leg multis.
This sums me up.
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Value does not equal = 10/1 about a 20/1 chance. Big price received but no overlay.
Now many would say thats obvious.
However, bookmakers are experts at enticing some punters thru exotic bet types ie doubles, multiples, quadrella & futures betting etc into betting a price and not obtaining value.
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Not a lot of thought went into my bets apart from thinking if I arsed the multi, it would pay big for small outlay.
I only punt on the AFL because I enjoy it. I might add a game from another sport but outside of the AFL season, I don't bet.
TF has me thinking a lot about my betting now and I don't treat it like a lottery and I am getting
better results not $'s at the moment if you can understand that.