managing an own capital
of own capital is the essence of not only bookmaker betting or gaming
on a betting exchange, but also of corporate management or business
dealing in the so called “shadow economy”. “Administration and
management” is a discipline often encountered on lessons in
universities. Especially students of economic directions have to have
vast knowledge in this field.
who are only becoming acquainted with the world of betting exchanges
such definitions as capital management, gaming strategy, gaming
system are little known, which are not placed corresponding
importance. Such persons more often than not reckon themselves
experts in the given branches, look only for commercial markets, open
gaming positions not paying attention to bets being placed. Thinking
of the kind “I will win much money in short terms” is mistaken!
How to play
on betting exchanges? Below you will find hints
Setting of a
gaming on a betting exchange You need to understand one thing –
your money will be frozen. This, unfortunately, can be a problem for
everybody, especially a beginner player. Except from this you should
determine a time period for which you save the money and more
important is that you cannot withdraw it earlier – as funds on a
deposit account. The following important thing is to divide money for
living from the one for sports betting. Play only for money without
which you can do.
the gaming aim
If you begin
your adventures with a betting exchange then you need to have some
aim, priority that you want to reach. This is the main condition
which secures you succession and effectiveness of your gaming. It
should be remembered that you should not set the standards too high
or set aims impossible to reach at the beginning. Achievement of a
definite aim gives a feeling of satisfaction, superiority over
competitors, but what is the most important – motivation for
setting the next standards.
selection of bets
corresponding betting is the best way to success. How to select bets?
In many publications you can find information about you need to bet
in such way that each “bet” does not contain more than 1-2% of
your capital. The problem appears in case of having a 100 euro
budget. It is said in books. And how does it look in practice?
According to our opinion it depends on the budget which you dispose
of. Having 5000 euro you can actually play for 1-2%, but with a
smaller budget you will have to bet 5-10% of the capital in order for
the game not to be painful and show some movement in your account.
or better “self-discipline” is the main definition which you have
to become acquainted with before gaming on a sports betting exchange.
Remember that acceptance of an effective system, gaming strategy is
one thing and its realization in practice – completely different.
Strategy and discipline are synonyms, one does not exist without the
other. In such a way even the best system without appropriate
self-control, corresponding behavior of players cannot bring success.
Unfortunately this is the truth, you either joyfully spend time on
the betting exchange as for entertainment or play for real.
Trading is a
main principle of players tells that trading is a long-term
investment, as well as a deposit account opened for several months.
You cannot treat gaming (what has been mentioned above) as a “quick
earning”. It will not bring you anything even if you win great
money for the first time. Trading is also a constant inflow of
experience for a player, choosing of new tactics, learning of new
gaming decisions. You should remember that otherwise you are in for a
quick and unpleasant end of your adventure.