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Knowledge and inside information is power
HELLO, good evening & welcome to my blog. I hope it reaches you all well. Here’s the second instalment of my A-Z guide to better punting. Read it, enjoy it, follow the advice and watch that wheelbarrow gradually fill up with cash. I’ll be putting some more snooker, darts and football betting advice up very soon.

B is for Betting-in-Running
Lots and lots of free money can be won while betting in running – if you’ve researched your event properly that is. Markets move like crazy until the race or match starts – if betting in running is available, the markets keep on moving right until the end of the race or match. Knowing when to place your bet, therefore, is just as important as knowing which type of bet to place and which event/team/horse/dog to bet on. In some instances it is possible to ‘trade out’ and have a free bet or even cover all options with a small profit on each, regardless of the outcome. The rule of thumb regarding the timing of your bet is fairly straightforward. Be in full possession of the facts before you click your mouse. Know exactly who is playing or who is running and, using your successful paper trade spreadsheet as reference, place your bet when the market conditions you have concluded are the best ones show themselves.

Never bet in running, however, when you aren’t watching what you’re betting on live, because otherwise all you’re doing is making a selection based purely on the odds rather than what you should be basing your selection on – inside knowledge, information you have gathered, fact and science.

Think about it – a “blind” bet or a lay on an in-running market is throwing away money and trusting to luck. If you don’t mind throwing your money away, don’t read this blog and make regular donations to a charity of your choice. By betting in running on something you’re not watching, you’re not in full possession of the facts. Plus, beware ‘live’ internet feeds as these can be several seconds, or even minutes behind. A football team may be in front, for example, but might have had a man sent off. A tennis match might be balanced on a knife edge in terms of the fitness and ability of the players. Another major pitfall of betting on tennis live is that players can retire hurt, even if they’re leading. As for betting live on horse racing – you might as well forget it unless you’re at the track and you’ve got a very reliable connection to Betfair on your mobile - you're better off placing both your back and your lay bet before the off.

All live betting should be done impartially and with a clear head. The reasons for this are many and varied, with some of the primary ones as follows.

Be honest with yourself when you answer the following three questions...
When did you last attend a live sporting event without having a pint or two beforehand or during?
When you go to a sporting event are you supporting one of the teams or competitors for reasons outside the fact that they are statistically better than their opposition?
When you watch live sport are you with people who have partisan opinions about the teams or individuals competing?

If you can honestly say no to all three, then you might have a chance of placing a successful in-running bet on a live event. Just be wary of the pitfalls. You’re more likely to place a successful bet on an event that you’ve given a lot of advance thought and consideration to.

In summary, a bet placed after a good few hours of careful, impartial research with a clear head is more likely to boost your wallet than a hastily thrown-on wager on a whim because you’ve been carried away with the emotion, the spectacle and the atmosphere – and you’ve had a beer.

B is also for Budget
Apologies for what seems like blatantly obvious advice here, but any punter not betting to a budget is a mug punter. Decide what your starting bank is, or alternatively decide how much you want/can afford to spend on betting each week and stick to it. Keep track of all the money you’ve spent on your spreadsheet and this way if you have an unlucky run you won’t end up on the street with no friends, no family and no prospects. It’s often a good idea, like in life, to set a few realistic targets for yourself when it comes to betting. For example, you might want to look at making a certain amount of money in, say six months. Perhaps you might want to aim at making a certain sum each week. Otherwise, you may want to make slightly more money week on week. Whatever you decide upon, stick to it and don’t go mad.

B is also for Breather – take one every now and then
As my old driving instructor 'Safe' Kelvin McPickard used to say: “Why do you think that road user sat and waited while you did that manoeuvre? Because he wasn’t in a rush.” Not the most philosophical insight ever, but wholly relevant nonetheless. If one of your bets happens to lose, don’t rush into the next one because you can guarantee that your next one will lose too. Take your time, like the tortoise did when he was racing against the rabbit. He won in the end. He was in no rush. Steaming into bets is always a bad idea. Do your research, paper trade it, relax, have a final think, then stick the bet on.

B is also for boastfulness
Don’t boast about your success – boastfulness is bad and people will become resentful of you and your betting expertise.

Good luck and happy punting!

Remember: A well-worked trade beats a daft punt any time.
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