Good things come to those who wait apparently, which seems a little biased in favour of those employed in the restaurant industry, but at least Paddy Power have got the Cheltenham Festival. It feels like a blissful, carefree lifetime ago that we saw Denman power up the hill - a lifetime where we thought a credit crunch was some type of fancy crisps. Last year Paddy Power gave back money to their customers like there was no impending financial crisis and this year they're doing more of the same. They have their usual range of Money-Back Specials, Extra Place Specials and general niceness that you won't get with other bookies.
The Cheltenham Racing Festival is one of the most prestigious events in the sporting calendar. The week long meeting builds up to the main attraction, the Cheltenham Gold Cup, which takes millions of bets every year. Starting on 10th March 2009 at 13.30 and running through to 17.15 on Friday 13th March 2009, Cheltenham is a packed race meeting.
3 things you should know about Cheltenham Betting Beating The Bookies
1) Set yourself a daily "gambling pot" and stick to it... This is the biggest mistake most punters make and the bookies just love to see desperate punters trying to claw-back some of their previous losses. If you're having a bad day accept it... Take your losses and run to return another day. Sometimes you just get days when nothing seems to come in... Setting a budget will allow you to return on a "winning" day...
2) Bet with your head NOT your heart... Have a strategy set out before you get to the race track, do not leave anything to chance. I've seen and helped numerous raw novices make a killing at the track simply by setting out a strategy, sticking to their budget and game plan and following it to the letter.
Treat your gambling like a business, this way you won't take losses personal and you won't bring emotion into play when making your selections.
Every business sets out a business plan, assigns an operating budget and then manage and monitor against the results, adapting as the need arises.
3) DO NOT throw your money away on long-shots... Yes they may come in once in awhile but the law of averages is closely linked to the good old law of "Murphy"...
It goes back to strategy 2 above... "Set out your gambling strategy and stick to it".
85% of my winners are between 2-1 and 5-1... you'll notice I don't have any odds-on favorites. If I'm at the track my goal is to take my daily budget and multiply it by a factor of 4. Picking odds-on favorites won't allow me to do this so I simply ignore them.
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