‘When betting on whether [football] managers will lose their jobs, what matters is the world as it is, not as it should be.’ Pullein points out in January 2008 that it is, ‘pointless worrying about what should happen. Just think about the sort of things that do happen.’
‘When thinking about whether a bookmaker’s price might be wrong we could start by assuming it is right. We would then examine all information from every perspective to see whether there was any way it could be considered consistent with that assumption. Only if the possibility was very small indeed would we accept the alternative, conclude that the price was probably wrong and have a bet.’
‘Teams who appear to be either home specialists or away specialists are really experiencing a freak sequence of results, which started for no reason and will soon end for no reason.’
You are almost always better off betting in singles rather than in multiples.’
‘Try to make sure that you are watching because you have had a bet, rather than having a bet because you are watching.’
‘No matter how good a British club may be, they are rarely quite as good as the bookmakers would have us believe for a European tie.’ ‘Assess teams on their merits and ignore reputations’ – Pullein’s May 2008 play-offs’ advice
Observe the 10 per cent rule: if you’ve decided to invest £1,000 in ten tranches of £100 and your first horse loses, then stake next time not £100, but £90, then 10 per cent of what you have left and so on.
Most gamblers chase each loss. When they lose they bet more heavily on the next one. When they win they tend to hold on to the profit for later. That’s the wrong way to gamble. It should be exactly the other way around.
*** Smart players cover loss. Not chasing it and never chasing it blindly or beyond losing margin. In sequence betting you cover to point of pure profit, just profit or low loss. Don’t bet that thanksgiving turkey will fly rather find good pigeon to cover flight.
Superior novice hurdlers who won last time out making their seasonal debut in novice chases are usually a good bet (contrary to popular belief). In fact, on average, you win more times than they fall.
In big 16-plus runner handicaps, more than 50 per cent of the winners come from the first four in the betting. Eliminate the rest and concentrate your study on these fancied horses.
The professional gambler has to learn to live with disappointment without allowing it to cloud their decision-making ability. Whenever I have a losing streak, I take a holiday. It’s very hard to continue making the right judgments if you’re losing. You tend to chase your losses. DON’T.
*** I never agreed with no chase rule know why too. There is always systematic approach to both lose and win just don’t overflow stakes. It s always better to chase 1$ loss over 90% of 1$ wins then to chase single loss of 100$.
Avoid odds-on shots. You don't have to bet.

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