Bet only what you
can afford. Define a bankroll at the beginning of the year or season
and stick to it.
Define a staking
system and stick to it.
Do not bet on teams
or leagues that you don't know anything about. Try to specialise on
Do not assume that
there are any 'sure things'. Any result is possible.
Your Selection Criteria
must include recent form, a minimum of the last six matches.
In general, stick
to betting on League Matches, as recent team form is only consistent
within the boundaries of that league.
Do not bet at the
beginning of the season; wait until each team has played at least 6 matches
so that your recent form analysis is valid.
Do not bet on local
derbies or evenly balanced teams. The exception being that the odds are
favourable to covering your bet (i.e. cover bet with a draw).
After analysing your
bets, stick by your decision. Avoid outside influences.
Do not work with more
than 3 Selection Criteria Strategies. Define your Selection Criteria
Strategies; fine-tune them as you go.
Analyse all bets after
the fact, especially if it is a losing bet. Learn by your mistakes
best return on your bet from various Bookmakers. The variance on
returns across bookmakers can be substantial, especially on multiple bets
Bet only when you
deem the odds to be fair or acceptable for your bet.
Bet only on the smallest
combinations of results feasible. 4+ accumulators may give big returns
but they are also the hardest to achieve.
Keep a up to-date
record of all bets, returns and losses. You may not be suited to gambling
and an up to-date record will highlight this.
Bet only when the
odds are in you favour. Do not bet for the sake of it.
calm especially after a big win or loss. Discipline is the key. A big
loss can causes some punters to chase their losses by betting big and for
high returns thus accumulating bigger losses. Likewise a big win can cause
some punters to become flippant and bet more frequently and sporadically.