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TOP TEN WAYS TO LOSE BETTING SPORTS


By: Robert Wingerter
Date: Jan 12, 2010
   
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Sports bettors don’t go broke because they can’t pick winners, and they don’t go broke because of vigorish… they go broke because they use bad money management.

I’ve listed below the top ten tested, guaranteed, sure-fire ways to lose. Follow one or more of these ten rules and you will positively lose betting sports. These aren’t the only ways to be a loser… there are plenty of others.

Listed below are my ten best ways to lose your bankroll:

1. Always bet more than you can afford to lose.

2. Keep changing the sizes of your bets.

3. Always bet according to your hunches.

4. Lay lots of futures bets and bet big on propositions.

5. Whenever you gamble, be tired, drink up, and chase cocktail waitresses.

6. Pay for advice from touts who claim to win at least 70% of their picks against pointspreads over long periods of time. (anyone can have a great winning percentage over a short period of time, but a long period is much different)

7. Never read books or articles by experts and never do research.

8. Always impress people with the size of your bets.

9. Consider winning or losing as a direct test of your self-worth.

10. Be superstitious. (superstition will not cure your money problems)

Using one or more of these guidelines at once, is a sure way to go broke.


 

  Terron Chapman
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