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Any good strategy should allow you to place bets based on a systematic method. While there is always some random element or luck involved, betting is all about stacking your odds. There shouldn't be any guesswork involved, or bets made based on gut feelings. Betting is a business, and should be treated as such. Any money you use for betting needs to be separate from money you use for your daily life or anything else. How can a strategy be followed with money that was set aside for next week's rent? You can't. This will allow you to concentrate on the task at hand and eliminate any emotional attachments to the money.First, many people lose horse betting because they don't use any strategic methods to pick winning horses. These people are often prone to making rash decisions based on gut feelings and random guessing.You can implement systems such arbitrage or hedge but you must first do your homework. That is research research research research. You can save time and do one research instead.The art of success is to guarantee a long term returns on bets. If you have a sound system, betting on fixed odds football matches is sound financial investment advice.Greed is one of the major killing weapons used by a casino against you. You will have the opportunity to receive many benefits, such as free accommodation or free meals. This will make it more difficult for you to stay around longer and not lose the money you win to casinos. No matter how good luck you are and how effective a betting strategy is, your winnings will easily being wipe out once you have triggered the greedy behavior. Unless you have a long-term winning system, you should always set a win or loss limits. You have to adhere to these limits. Don?t let greed drive you.Here is an example. The methodology can be used in conjunction with a system of betting. At Churchill Downs on Wednesday, June 18, 2008, the first race was a $15,000 claiming event for three year olds and upward at a distance of 6 furlongs. At 8-5 odds, #3 Hollywood Berti, an unraced three year-old gelding from Arlington Park who had been racing after a race at Keeneland. http://180.215.200.69/ hosted a race. The #3 had won at the distance 6 furlongs and showed a good turn, but had never raced in natural dirt.One of the most common strategies found on the web, and off, is progressive betting. The magic of leverage allows sports betting snake oil salesmen to create systems that are very profitable. Progressive betting isn't the best way to make big money. Eight units will be lost for every one of the three losses in a progression. If you don?t win 97% of the times, your bankroll will be destroyed. A couple of untimely losses early on can wipe out a bankroll.Probably the most important strategy in sports betting is to stay in control. You need to make sure you're not losing any money and that your decisions are rational. It is important to stay on top and so it is a good idea to hold on to either most of or all of your winnings. Many people make the common mistake of replaying the winnings. However, this can cause you to lose control over how the money is circulated. It is best to wait for your winnings to accumulate before you withdraw your money.