You have the same £2000 to invest, you pick up the racing post, check the football form, spend a couple of hours researching the results, the form the races and games.Īre you really in the best position now to invest that money? you may get lucky and get a return at the end of the day but even then, what are you going to do with that profit? what was the goal for the day? the week? the year!ĭo you take stock of how you came about that betting profit at the end of the day/week?ĭo you look back at what won and what lost and wonder why you got it right somewhere and wrong somewhere else? probably not!Īnd now you have £2100 in your pocket, feeling quite smug and celebrating with a takeaway and a few beers! That inevitability is that you will lose some if not all of the money you have put into the idea. So you have gone into business, invested your money, and now are sitting just waiting for the inevitable to happen. Well of course you haven't, not enough time has been invested to have possibly covered all those things that are needed. How do you think you will do? Have you given it enough time, done enough research, drawn up business plans, targets, contingencies? NO, you spent 2 hours researching your investment and open the doors for business. Say you have £2000 to invest to start your project, now, imagine this scenario. Henry KissingerĪn opportunity has arisen where you have been prepared to invest some of your money, money that you have worked hard for, into an idea, a project, a business, that can increase that investment and earn you a living. If you do not know where you are going, every road will get you nowhere. However, If you want to change your betting fortunes, start turning losses into profits or at worst reduce your losses, then please read on. Likewise, if you're not in the mood for a long read then it's not going to float your boat either. Now if you are a fun gambler and do not mind losing money then this article may not be for you. If you treat your betting as a business you can start to turn losses into profits, which is more fun and way more sensible. Many people bet for fun but losing money by gambling, I would hardly call that fun! We created a stand-alone betting school article called: How to be sensible and gamble responsibly and we suggest that if you are new to betting or need a refresher you spend some time reading the guidelines within that comprehensive article.

Our staff always tried to post, tweet, and write in a way that hammered home the need for members to bet within their means, take breaks, and treat gambling as fun.

Since OLBG was created we have always advocated sensible gambling.Īll forum posts and blogs that were regarded as reckless or downright stupid were removed when we noticed.

Best way to make money from gambling