Uploaded by pubitupolis on Jan 10, 2011
http://www.pub-it-upolis.com
Sports Betting Without Worries
Why Lock In Betting Profits
Asking the question of why to lock in profits, is really a silly question when one thinks about it. The whole point of betting is to make money, and locking in profits is in synch with this line of thinking.
While this sounds so elementary, the vast majority of bettors are unable to do this on a consistent basis. We have all heard the excuses, the lines are too flat, too volatile, my account is too small, my account is too large, etc. The bottom line, are you making money? If the answer to this question is no, you might want to start locking in profits today.
How Much Should I Lock In
Are you betting for a living? Do you have a million dollar account? First you must determine your short-term goals. Once you know what your goals are for the week, month, and year, etc. you will begin to develop a rough estimate of how much you can make based on your betting style or system. We will show you in advance of your bet what your return-on-investment will be.This information can be used as one of your potential spots for locking in profits.
Summary
In summary, locking in profits is not about winning or being right. Locking in profits is about sound money management principles. Before you become a full-time sports betting investor, did you allow your employer to deposit your paycheck, only to come back 3 days later and take 50% of it away from you. Of course not. So, why should you treat betting any differently? Bettors fail to realize that locking in profits does not mean you are closing out the entire position, but a portion of it. A bettor making money and then losing it in the same breath, breeds uncertainty, which leads to overbetting, constant changing of ones system, and ultimately losses. Locking in the profits builds the money management techniques which lead to a successful betting business.
Visit our website for more info about our online video and interactive profit making betting tools.
All Rights Reserved 2011 Pub-It-Upolis.com
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