Tag Archives: finance
The Do’s and Don’ts of Building a Bankroll
No matter what form of betting you’re into, building a bankroll is one of the things all the pros do. And it’s for a good reason too – not only does it allow you to prolong your experience, but it’s also an effective approach to managing your...
Are You the Architect of Your own Fortune, or Misfortune?
Richard Wiseman of the University of Hertfordshire is a luck expert: In numerous surveys and experiments he has researched what luck actually is and he has published various books and publications in which he advocates that luck is merely an...
Top 50 Quotes about Gambling, Luck and Money
This compilation contains some of the best quotes we could find related to gambling, luck and money.
Since humans have existed they have gambled away their fortunes, and it is probably the fate of man to continue gambling so long as there...
Stake, Yield, Return on Investment (ROI), Profitability – Definitions and Formulas
The terms Stake, Yield (Revenue) and ROI (Return on Investment) confuse many people. We have also noticed many online publications using these terms incorrectly.
This article is therefore a definitive guide to put the record straight…
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How to Calculate Losing Streaks & Optimal Bankroll
In this article we will teach you to determine how large your starting bank needs to be to avoid bankruptcy by calculating the longest losing streaks that can be expected from your chosen betting strategy.
What is Bankroll Management?
Bankroll...
Top 10 Tips: How to Save Money without Living Cheaply
You don’t need to be a millionaire to live an enjoyable life.
Here are the top 10 tips on how to save money and at the same time live a good life, and I mean a really good life. Live your dreams without tightening your budget to a point which...
Always in the Red? Control your Banking Behaviour!
Recently, an old friend came along and asked me to have a look at his finances. Despite the fact his monthly net pay was in the region of ÂŁ2,500, his overdraft was constantly rising. He often found it quite difficult, especially at the end...
What You Should Know About Value for Money & Personal Finances
The crucial importance of truly understanding the concept of ‘Value for Money‘ first dawned on me when I was appointed by a school in England to sort out their finances in 2003.
Despite being a well-funded state school their budget...
Similarities and Differences between Stock Trading and Football Betting
Analysing Investments
In the stock market there is a rule of thumb: Buy shares when the stock chart heads in a direction from bottom left to top right, and don’t burn your fingers when the curve is falling from top left to bottom right.
Whether...
