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Perhaps one of the greatest weaknesses I see with most gamblers is that they bet on everything. You may say: ‘Well, I enjoy betting on football, horse racing, golf and whatever tickles my fancy.
Good for you.
However, there is a negative to such understanding. And, importantly, that can relate to money, losing money. You may bet for fun, but I really would advise against it and if you do make sure you keep a tight grip on your money. Losing a lot of money isn’t fun, it’s brainless.
So back to the niche.
It’s important to have a niche because there isn’t time or need to know everything. You won’t know everything about each of your betting loves. You will be the Jack of all trades and master of none and that will never see you winning anything other than the wooden spoon. You will not know more than the layers and that is bad news. You have to ask yourself: ‘Do I want to be an expert in my sport of choice or just another bloke who doesn’t know much but thinks they know everything.’ Don’t fool yourself. You cannot know everything. I specialise within two-year-old horse racing and there is hardly enough time to do that justice. The thought of doing more is ridiculous. And if you can’t do something right it is just about all wrong. That blind spot will come back to haunt you and drive you to distraction.
It’s not complicated.
Make your choice, find answers to questions and move forward in a professional manner.
After thousands of hours of learning if not decades of your life. They say it takes 20,000 hours to become an expert which really is a bare minimum. You never stop learning and should be looking to improve your lot leading up to each new season. As I often say to punters winning and losing isn’t about money it’s about knowledge. You either know more than most or less and your standing will rest on that foundation.
Never forget that point because it will hit you hard.
Also, make your sport your passion. If not, it will be your nemesis. It has to go beyond the thought of making money. That might be your end game (and it should be with all your hard work) but putting money first you will fall short. It shouldn’t be your motivation. You will lose your money, give up on your ambitions and probably hate betting there on. For some, that is the best answer to their question. If you don’t put in the work you don’t deserve the success.
So are you interested in being an above average gambler?
The choice is yours. But please don’t fall into the trap of thinking it’s easy to win at gambling. You won’t be beating the layers unless you are up to speed.
If you need to pick your sport, make it your true love. That passion will see you going the extra mile and it really is needed to make a profit.
Nothing is easy.