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School In.....a Course In Money Management 101...

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HOW GOOD ARE YOU IN MONEY MANAGEMENT SKILL....

1. AFTER A SHORT-TEAM WINNING PERIOD...ARE YOU QUICK TO RAISE YOUR BET AMOUNTS FOR THE FOLLOWING WEEK?

2. AFTER A SHORT-TEAM LOSING PERIOD,DO YOU THAN LOWER THE AMOUNT OF YOUR PLAYS?

3. DO YOU(OR HAVE YOU EVER) PUT ALL OF YOUR ACTION ON ONE GAME?

4. DO YOU EVER FIND YOURSELF CHASING YOUR LOSSES?

IF YOU ANSWERED "YES" TO ANY OR ALL OF THOSE QUESTION,YOU MAY WANT TO CONSIDER BREACKING A BAD HABIT OR TWO.

POOR MONEY MANAGEMENT GENERNATES MORE LOSSES FOR PLAYERS THAN BAD HANDICAPPING.....

EVEN THE WORST BETTORS SELDOM LOSE MORE THAN 55% OF THEIR PICKS.ON THE OTHER HAND,GOOD MONEY MANAGEMENT SKILL WILL NOT ALWAYS MAKE YOU A WINNER(THAT STILL HAS TO COME FROM CHOOSING THE RIGHT TEAMS),BUT IT SURE WILL HELP YOUR BANKROLL LAST.....

WHAT YOU NEED TO KNOW.....

MONEY IS AN EMOTIONAL THING..THE MORE YOU HAVE,THE MORE YOU SPEND...IF YOU DONT HAVE ENOUGH OF IT, THAN YOU'RE LEFT WANTING MORE....

GENERALLY SPEAKING,THOSE TWO FACTORS A LONE WILL DRIVE PEOPLE TO DO THINGS THAT THEY PROBABLY SHOULDN'T DO...TO AVOID HEADING DOWN THIS PATH,HOWEVER,HERE'S WHAT YOU SHOULD DO;......

KEEP YOUR BETS TO REASONABLE,AFFORDABLE AND CONSISTENT AMOUNTS AND YOUR BANKROLL WILL LAST A LONG TIM.....

IF YOU PICK MORE THAN 52.4% WINNERS,YOU WILL COME OUT AHEAD OF THE BOOK IN THE LONG RUN AND THAT IS THE ONLY TIME FRAME THAT MATTERS!!!

STICK TO SPORTS YOU KNOW....ME 95% NFL...

THERE AN OLD JOKE IN THE INDUSTRY....ABOUT THE GUY WHO RAN HIS ACCOUNT BALANCE RIGHT DOWN TO THE GROUND....

HE WENT 0-5 ON BASEBALL FOR THE DAY

.............0-5 ON BASKETBALL FOR THE DAY

......AND..0-5 ON FOOTBALL FOR THE DAY.....

HE-ASK THE BOOK "WHAT ELSE HAVE YOU GOT ON THE BOARD".....WELL THERE HOCKEY?

WHAT DO I KNOW ABOUT HOCKEY?....TO WHICH THE BOOK REPLIES,"LOOK YOU'RE 0-15 FOR THE DAY....WHAT DO YOU KNOW ABOUT FOOTBALL,BASKETBALL OR BASEBALL?

ONE OF THE BEST CAPPER I KNOW ONCE SAID"THE SUPER BOWL IS JUST ANOTHER GAME"

WE WAS SITTING AT A BAR....WATCH THE GAME.....I ASKED HIM WHO HE WAS CHEERING FOR....HE SAID THAT HE DIDN'T RELEASE A PICK FOR THAT GAME....I WAS SHOCKED....

HE REALIZED THAT HE PROBABLY DISAPPOINTED A LOT OF PEOPLE......IN MY OPINION,NOT ONLY DID THAT DEMONSTRATE HIS INTEGRITY AS A CAPPER......BUT IT ALSO PROVED THAT HE WAS IN IT FOR THE LONG TERM, HE'S DISCIPLINED!!!!!

..................................FOOD FOR THOUGHT.....................

PEOPLE ARE QUICK TO JUSTIFY THEIR LOSSES......

YET THEY NEVER FORGIVE THEMSELVES WHEN THEY MISS A WINNER.....REMEMBER THAT MONDAY NIGHT FOOTBALL IS JUST ANOTHER FOOTBALL GAME,KNOW THAT THE SUPERBOWL IS JUST ANOTHER FOOTBALL GAME,AND LOOK AT IT THIS WAY..........:THERE'S SOMETHING TO BET EVERY SINGLE DAY OF THE YEAR......IF YOU DON'T PUT YOUR BET IN TODAY,THERE'S ALWAYS TOMORROW......

EVEN IN BETTING,PATIENCE IS SOMETIMES A VIRTUE.....