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Don't put all your eggs in one
basket |
It
may seem silly but many punters suffer for the simple reason that all their
eggs are indeed in one basket.
I have noticed through betting with
the new breed of betting exchanges (person to person betting) that people bet
at very strange odds sometimes. Strange in that clearly better odds were
available else where. So why did they do it?
The reason is simple and
has a lot to do with the desperately poor deal the British public gets when it
come to banking controls and flexibility. The fact that, taking money out of an
internet account takes 3 days to reach to the bank account, is a strong
persuasion to leave it where it is. This being the case many punters with the
erge to bet will be forced to take odds which are no where near the best
around.
The best advice here is to be aware of just how much money you
will bet at any one site and immediately withdraw the remainder as soon as is
possible. It is a little time consuming but its hard enough already finding a
value bet. You will have lengthy bank statements but you will always be keeping
the maximum available in the base account.
This also applies to other
sorts of internet gambling such as casinos and poker. Here there are often
fluctuating offers and even downright terrible rakes, but people are inclined
to stay put and not do any research checking them out.
This brings us to
the new concept which Rank say that they are going to go ahead with after
recently purchasing Blue Square internet bookmaker for £65 million
pounds. It plans to offer casino gaming, bingo and sports betting under one
roof once the government passes its long-awaited deregulation of the gambling
industry.
Plans to build Blue Square betting shops next to existing
sites were being considered while newer sites were being built to a 40,000 sq
ft in preparation for conversion to a gambler's one-stop shop. The company,
which lost out in the auction of bookmaker Coral last summer, also hopes to
build the troubled Hard Rock Café into this model. Mr Smith said larger
casinos would cost £4m to convert into one-stop shops following
legislation expected in 2005.
This of course will be tempting for the
casual punter but basically it is a model that will force the punter to take
what they are given. It is essentially a real world version of the all-in one
gambling sites (casino, bookmaker, poker) that Ladbrokes, William Hill and
Victor Chandler have. These sites also hope that your money is stuck so that
you just keep betting with them.
Another very easy piece of advice to
follow is ignore all the new casino games that have come into the UK. Sic Bo
and the Big Wheel in particular are disgraceful coffins for your hard earned
cash. They constitue legalised theft in my book and must be avoided. To know
about Jackpot Poker look at the last issue of this column.
Another
wonderful change which has come to pass in the wisdom of the Gaming Board of
Great Britain is hitting soft 17 in the casino game of Blackjack. Avoid if you
can. Although this makes you worse of by only another 0.2% this takes the basic
house edge against you to over 1% with perfect basic strategy. Normal people
play at about minus 3%.
And finally if you are going to pick a sport to
try and beat the bookmakers or bet exchanges at, then make it football. Why?
Because you can bet a lot of money, you will see the smallest margin between
backing and laying and prices are warped by home supporters. HAPPY
HUNTING.
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