Over and under in football betting

This Risk taker Which Broke the actual Horse-Racing Signal

If you are right then you make yourself a winner. But if you are wrong, the odds of you getting that particular result in a fixed number of places are far less likely than the betting odds of you winning the outright bet.”

“So you can go long on a particular horse or short on it and win more often than not. You also take money off other people. Why else would you do that if you were smart? You are trading your money for someone else’s money and then getting back more than you put in if your horse is the winner. You get paid in other ways too – you may not be winning but you are likely to win far more if you are right. Not everyone wins all the time but more people do so you are almost guaranteed to gain. Betting has been around since the Romans gave away money for a share of a lottery win. It is a win-win-win scenario.”

“But then again, what if the odds were completely against me winning the bet? What if I put ten thousand pounds on X with ten to one odds of a positive outcome and X wins but has a massive bad ending. It would be terrible for me, for my family and for those who depended on my income. How do I know I would win even if I did everything I could?”

“What I would like to do in that scenario is to not have to lose. What if I doubled the ten thousand pound stake and put it on the same horse but with even better odds of a win. What would happen if I put more money on the horse with better odds? Now I can be just as certain I will win but without so much at risk. The gain in profit will be greater and the negative outcome should be less likely.

“This is a crazy scenario, but to me it is an illustration of how betting should not be thought of in isolation of everything else in the market. There are far greater potential gains from buying and holding than betting short term. Why? Because the market will always change. If I bet my £10,000 all-in on the horse to win, if she doesn’t then the market changes and I have lost all of my money. But if I instead bought ten thousand pounds worth of shares on another horse and she wins then I will have my winnings and the new shares will be more valuable to me than they would have been if I had put my ten thousand pounds on the winning horse. As a trader, you can use the market as a chance to buy or as an excuse to sell and earn a profit.”

“Of course this is simplistic and many traders never get much of a chance to trade because of their success. I know many traders who have had their wealth tied up in good performers that have performed well for a number of years but have no chance to trade on them. As a speculative investor you cannot afford to be blind to the potential profits.”

“In some ways this is like investing in the stock market. When people try to explain the stock market to me they say: ‘That person is earning a £1,000 dividend every year.’ No, they are not. A share price price has nothing to do with what is earning that dividend. Stock markets are really just a computerised exchange.