Betting Limitations-What You Should Consider Before You Start Betting

When getting started in the exciting world of sports betting it can be really easy to assume that you'll win every time and that you rake in 100% of your winnings and that that profit is completely available for you to spend on luxuries.

But that is not the case. You need to be aware of limitations that could surprise you.

Emotions: Sometimes your emotions get the better of you and you can bet too much or make tragic errors in judgment. To help you avoid that, start with ghost betting then move to small bets only on events you're comfortable with then slowly start to introduce larger bets and bets on sports you're not as familiar with. Figure out what you need to do to avoid feeling the emotional strain and do it. Because once you bring emotions into it, you'll lose more often than win.

Bookmaker commissions: Remember that bookies take small commissions which means that some of your money - the money you thought you'd win - is gone before you even get it.

Exchanges charge a fee: usually this fee is 1% - 5% but that can be significant and it is gone before the money arrives in your hands.

Currency charges: Foreign currency costs money to translate into your currency. And what's worse, credit cards and banks charge terribly high amounts of foreign currency transfer fees to do it. Be aware that if you win in one currency you can expect to see some of it disappear before it gets to you.

This has been an excerpt from Robert Thatcher's flagstaff manual, the Statistical Betting Guide.

Sun Tzu said: "If you know the enemy and know yourself, your victory will not stand in doubt". Making money with sports betting has nothing to do with gambling. Do you want to learn the secret methods successful bettors apply each and every day?

Robert Thatcher explains in easy words how to make money with sports betting. Download your copy at http://www.statisticalbettingguide.com.

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