The Pitfalls Of Romanticizing Betting

Let me ask you a quick question.

What first got you interested in the idea of making money from betting?

For me it was a fascination with the idea of “beating the system”.

Whatever it was for you, you probably though of making money from betting as something very exciting.

When you’re looking at betting – and making a profit – from the outside in, it’s very easy to romanticize it.

Hollywood movies do a great job of that.

I can’t think of any relating to betting on the horses, but I certainly know that the movie “Rounders” got a lot of people interested in poker…

And the movie “21” got a lot of people interested in beating the game of Blackjack by counting cards.

These movies both focus on the thrill of betting. But the day-to-day reality of profitable betting isn’t so exciting.

It’s in the serious punters best interests to minimize the emotional highs and lows they experience from their betting.

I don’t mean to try and make betting serious sound dull. It’s very rewarding in it’s own way.

But the truth is, it’s just a numbers game.

You’ll win some bets – you’ll lose some bets, but as long as you’ve got an edge over the betting markets you’ll come out ahead in the long run.

How you create an edge for yourself over the betting markets is up to you.

You might create an edge by specializing in one specific area of horse racing, and be able to spend a lot more time analyzing specific races than the bookmakers odds compilers.

Because the odds compilers have to analyze and set the odds for every race. You can pick and choose.

Or you might choose to just stick to placing the bets and let an expert take care of picking the selections for you. In which case, you might want to take a look at the Winners Odds tipster portfolio:

However you go about creating an edge – And I hope you do – You will need to be careful not to fall into to the trap of making betting decisions based on emotion.

Until next time,
Kenny Turnbull