Did you know that it’s possible to have an edge in every bet you make, yet still lose money?
Declan Meagher at LearnBetWin has produced an outstanding article to explain.
Read the full story at LearnBetWin.com
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These are all examples of cases where having an edge is not enough to guarantee a profit. If your stakes are too high your bank will fluctuate wildly and the inevitable bad run, when it comes, will undo all your hard work and your profits. That is not to say you should be ultra conservative, gambling at all is probably not for you if you’re unwilling to take some risks. Your risks should be calculated though, and it’s vital to understand that a long term successful strategy will have many periods of short to medium term loses. It is important that your betting bank can withstand these bad periods.
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