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It is also built on the experience and expertise of leading people from within the world of sports betting and from the ideas and thoughts of people actively sports betting across the UK, who assisted in the research I conducted in the Sports Betting to Win survey. It was my intention to write something that is both interesting and useful, an easy but engaging read, that provides insights into how to become more disciplined in your betting. Most importantly, I have tried to write something that provides practical steps for you to implement within your own betting.
Whether you bet at the bookies, online, via the betting exchanges, on the spread markets, pre-match or in-running, this book can help you to develop the mindset and the behaviours required to be truly disciplined and to maximise your profits. A growing number of people bet on sport each year. Some are casual punters, others more dedicated, whilst an ever-increasing number of people are attempting to join the new breed of professional betting-exchange traders.
The fact is, though, that the majority of people who bet on sport lose money over time; only a very small percentage make profits in the long run. It used to be worse. The introduction and rise of the betting exchanges has had a positive impact not just on the number of people who are betting on sport, but also on the percentage who are winning.
Wally Pyrah of the Racing Post has extensive knowledge and vast experience of the betting world. He feels that the punters have never had it so good. The opportunities for betting, the markets they can bet on, the ability to bet online, access to information, software, availability of statistics and the ability to lay — all give a far greater advantage to punters than they have ever had. However, despite all of these advantages, the percentage of long-term winners in the sports markets remains very low indeed.
Many people who bet are unable to generate a desirable profitable return on a consistent basis. In some cases this is in spite of considerable in-depth knowledge and skills. Regardless of how sound their strategies appear and might actually be , they seem to fall short of their goals when betting. Having a betting strategy with an edge, a positive expectancy — one that makes profits when executed consistently over time.
Once you have the first, it is your ability to be able to consistently execute the strategy, to be able to stick to your rules and to stay disciplined regardless of your situation or circumstance, that will ultimately determine whether you are successful or not.
Having both a strategy with an edge and the discipline to execute it would put you into quadrant 1 in the diagram below. For people in quadrant 2, developing discipline is the real key for becoming profitable. For people in quadrants 3 and 4, the challenge is more on developing a strategy that has an edge — and then developing the discipline to go with it. Betting places you into an arena of risk, uncertainty and financial decision-making.
The combination of these three factors presents a great challenge for the human mind and one which I would argue our biological and psychological conditioning is unfortunately not well suited to. To think and behave in a disciplined way means that we must often go against our natural human instincts — and that is simply not easy. If you are to be successful at sports betting, you need to be prepared and able to cope with the range of temptations and pressures that overcome the vast majority of the people who enter the sports markets.
Betting presents you with opportunities to make, or lose, large sums of money in short periods of time. Discipline helps you to make money, keep what you have made and not lose too much when you do lose. I have seen at first hand just how many people lose and how they lose, the mistakes they make — doubling stakes when they have lost, and all the rest of it. Open navigation menu. Close suggestions Search Search.
Skip carousel. Carousel Previous. Carousel Next. What is Scribd? Find your next favorite book Become a member today and read free for 30 days Start your free 30 days. Book Information Home Books Industries. Create a List. Download to App. Length: pages 3 hours. Description Thinking, and betting, like the pros "Most people in sports betting are looking at things the wrong way. Lots of books and websites give advice on profitable strategies - and tipsters and systems proliferate.
But this is the only guide that helps you make your trades and bank your wins for the long term, avoiding the perennial dangers of overconfidence, irrationality and emotion. However successful your selections, you are never safe from crippling losses until you know how to bet with the clear head and calm approach of the masters. The simple fact is that most people betting on sports lose over the long term. Performance errors currently hamper the majority of bettors: they lose their bets because they first lose their heads.
The only answer is to think differently. With chapters ranging across motivation, performance analysis, the betting process and going pro, this book is the definitive guide to achieving this: - Use dozens of exercises to sharpen your thinking and refine your betting processes. Sports Betting to Win is your own personal course for establishing a firm psychological foundation for long-term betting success. Home Books Industries. About the author. Steve Ward specialises in helping people working in trading, investing and banking to enhance their risk-taking, improve their decision-making and to achieve and sustain high performance by utilising the latest science, research and practice from performance psychology, decision science, neuroscience, behavioural science, physiology and philosophy.
Since he has provided specialised coaching, training and consultancy services to traders and fund managers at some of the largest and highest-performing investment banks, hedge funds, asset managers, commodities trading houses, utility companies and proprietary trading groups across the globe. Prior to starting his work with the financial sector, Steve provided sports psychology coaching to elite athletes and teams in over 30 different sports across the globe, with a particular interest in extreme, action and adventure sports.
He has also provided psychological coaching for professional poker players. He co-managed a team of 45 proprietary traders in London, was the consultant trading performance coach to the BBC TV series Million Dollar Traders, and spent a number of years trading stock indices and FX in his own account. Related authors.
Related to Sports Betting to Win. Transform Your Mind. Transform Your Body. Commit to Grit. Kahn CMT. Hunter Lovins. Chan Kim. Crushing It! Reboot Your Life. Your Future Depends on It. Customer Experience 3. Do It! Get Rich Click! New Sales. Run Fast. Cook Fast. Mullen, Jr. Sports Betting to Win: The 10 keys to disciplined and profitable betting by Steve Ward Synopsis: Thinking, and betting, like the prosMost people in sports betting are looking at things the wrong way.
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