How Can I Make Money Gambling?

Know Your Sport

It sounds obvious but it's true. To find an edge betting you need to know your niche. It isn't about being the best gambler on earth. The key is to be better than most. It is very much the same in every field of expertise. As the saying goes: Jack of all trades and master of none. I specialise within two-year-old horse racing because there simply isn't enough time to master all other age groups. Working from your own perspective reveals many opportunities to take advantage of layers. Also, let's consider your advantage over a bookmaker - you don't have to bet on every race. That selective nature is worth its weight in gold. In addition, you don't need to bet every day. Some people don't like to let the grass grow under their feet or wallet but if you could find 20 great bets every year and make a profit plus, hopefully, lots of free time to enjoy it isn't a bad life. Time is the most precious commodity of all. Use it wisely.  

Your expertise must be skill based.   

Favourites Don't Always Win

Look through the racing results. What do you see? That the favourites don't win every race. That point in itself should bring joy to your heart and add a few zeros to your bank account. It is one reason why I would always suggest gamblers bet level stakes because it is often the case when backing an outsider people reduce their stake. These bets are often the making of a great season.    

Shop Around

The discipline of betting, its foundation knowledge, practices and philosophy are as crucial, if not more important, than the selection itself. It sounds crazy but the better you hone your skills the more you realise this point is true. Bookmakers prices vary - take the best odds, offers, opportunities. If you bet big priced selections you are wise to bet on the exchanges. When a horse is chalked up at 25/1 it is likely to be 50/1 on the machines. Double the price is the same as having your mate double your bet just for fun. Over a year, this difference can equate to a substantial amount of money. In addition, it gives you the opportunity to hedge your bet if seriously backed. Why would you keep a bet if you took 5/1 and just before the off it is 6/4?   

Be Selective

Your strength as a gambler, investor (name it what you like) is being selective. You don't need to push too hard because you will pressure yourself either with the workload or just crack under stress. Don't look for bets. The best stand out from the crowd. 

Avoid Odds On Bets

If your speciality is betting odds-on shots then you know your stuff. I wouldn't ever say this or that bet type is wrong. Why? Because just because I don't know something it doesn't mean someone else doesn't. However, if you are tempted to bet on an odds-on shot just because it is a short price, then I would suggest you count to ten. In many respects being successful betting at prohibitive odds is as difficult as betting on huge priced outsiders. All is rosy in the garden until you hit a string of losers. It may get to the point where you cannot claw those losses back and get back into the black. 

There Are Lots Of Markets

So you love football. Horse racing. Tennis. You only have to look at sports betting to realise there are umpteen markets you can dip your toe or become an expert. The only negative for an obscure sport is that you may not have much liquidity or bookmakers may shy away from your wagers if you prove you know more than them. I have seen a few people betting on weather, of all things, and I'm not just talking about a white Christmas. Within a given sport there are numerous division or categories. Let's say you know an individual football player better than just about anyone on earth. How can you use that information to win? I have spent a lot of time unearthing the best unraced two-year-old colts and fillies in training. Think what that information can mean when betting. I'm not saying I'm the only person who knows that information but I know a million times more than the average punter who may well be laying a horse on the exchange. My brother won £4,000 for a £20 bet when realising a small horse trainer had a wonder horse. The layers just couldn't get their heads around the fact a small trainer could have a horse that could even win let alone be such a talent it went on to run in the 1000 Guineas. 

Understand Your Markets

With experience, you will be in tune with your niche and the betting. Experience helps answer so many questions. Take your time to appreciate that to be a successful gambler (investor) it is a long road. You don't wake up one morning to find you are a professional gambler. Relish the challenge but be patient. 

Don't Bet With Your Heart

You often hear die-hard football supporters following their team and their heart by lumping on when everyone is looking on bemused. If you have to bet with your heart, bet for fun. Unless you are very disciplined don't bet for fun. Why? Because it is a slippery slope which may lead to betting without discipline. It's not a good idea. Betting with emotions is illogical. Emotions are dangerous at the best of times and mixed with gambling and too much money a distressing road to take. How many people have you seen chasing losses? How many times have you seen them win? Betting is about knowing more not shouting the loudest because you have an anger inside.   

20-Year Wait to win $2.4 Million on the Slots

Dirty Dancing Slots
Whether you go to Las Vegas or play online slots we all love to hear about those big winners. 

You may wish to go to The Strip but these days gamblers love to sit at home and play the slots for fun and who knows they may even strike it rich. I know you love the film Dirty Dancing but did you know one well-known bookmaker has a slot machine based on this popular theme called Dirty Dancing at bet365.  

Fingers crossed you get lucky. Here's an interesting question. How long do you have to wait for a slot machine to payout its big prize? Well, it varies from one slot to the next. Las Vegas. You may have heard of Lion's Share slot machine which resides on the ground floor of the MGM Grand. 

It's one of 50 machines installed in early 1990's. In fact, this one-armed bandit is so popular it has people lining up for hours to play. 

The incredible part of the story is that for 20 years this slot machine hadn't paid its top prize. 

That was until Walter and Misco of New Hampshire, USA, thought they would chance their luck one Friday evening.  

After 5 minutes and $3 Dollars, they won $2.4 MILLION

Sometimes you just need a bit of luck to win big. 

The Lion's Share slot machine had a reputation of being stubborn. I mean, how long do you have to wait for something to give? 

Twenty years to pay the jackpot. Perhaps there was a little bit of lady luck involved in this substantial win as it was his wife, Misco, who suggested they play. 

So we have seen a big winner. But what about a big-time loser. 

The woman who was offered a steak dinner instead of $43 MILLION Jackpot!

Seems too strange to be true. Katrina Bookman thought she had won big but casino bosses claimed the machine had a malfunction. Unsurprisingly, she declined the free steak meal and sued.  

The case continues. 

5 Ways to Hit the Jackpot

Need a touch of inspiration? From winning the jackpot to being offered a steak for a malfunction. I think I need a drink with both. But let's take a look at one expert's opinion on how to win on the slots.

1 Give it time. Playing on the slots online. If you see an announcement of a big win wait a while because it's unlikely you are going to win soon after. 

2 All machines work on a cycle - they have to pay at some time. They often pay out in a short period of time so if you get that elusive win there may well be more to come. 

3 Play the slot games that are most popular and getting a lot of attention of punters. 

4 Don't play a game too long. 

5 Play the high limit slot machines They cost more but they pay out more. 

Elaine Thompson 100M World Champion 2017

The IAAF World Championship London 2017. You will have plenty to savour from the 4 - 13th August. 

I'm sure you have your favourites but the track and field top the list of must-sees and particular one very fast lady. 

Elaine Thompson needs little introduction. 

The Jamaican track and field sprinter rose to prominence when taking part in the gold-medal winning 4 x 100 metres relay at the 2015 World Championships where she won a 200 metres silver medal.  

However, she stamped her authority as the best sprinter in the world when she completed a 100m and 200m double when winning gold at Rio de Janerio in 2016. She is the first women since the ill-fated Florence Griffith Joiner in Seoul Olympics in 1988.    

6th August at The Stadium Queen Elizabeth Olympic Park, London.   

Bet: Elaine Thompson is all but a certainty to win at odds of 2/11.   


Blackout Craps Run of a Lifetime

Joe Bloggs went to Reno with the wife back in 2006. We had free plane tickets to get there, but it was a very circuitous, eight-hour journey. Since I also had a metric shit on of free drink coupons for the airline, I, of course, drank from the moment we got out of the car and into the airport.
We get to Reno, and I'm nearly blackout drunk, but not quite there.

The wife liked to play penny video poker. She cared nothing about the monetary aspects of gambling. She liked the zen of the flashy lights while smoking cigarette after cigarette.

I knew I was fucked up and that she wasn't much of a gambler, so I gave her all my cash except for $100 and headed to the craps table, free casino drinks as fast as I could suck them down.

At the craps table, I throw $15 down on three-way craps. Comes up two. If I remember my craps math correctly, I took down $140. I changed that into a black, a green, and three reds. Went back to the wifey and put the black and green in her purse.

I don't much remember what happened from that point until my wife comes up to me about midnight local time. This is 2 am our time. It's been a long day, and she says she's beat and going to bed.

I plead with her to let me have $100 to play poker. She sighs and says ok. I've got $100 in my pocket and God knows how many free casino beers in my gut and head to the poker table. Lowly 2/4 limit (this no limit ESPN bullshit hadn't quite taken off yet).

I lasted until 6 am. I was down to fifty cents and begged the cocktail waitress for one more beer before I took the walk of loser shame up to the surely angry wife. She obliged.

Cold beer in hand, I trudge up to the room and pass out.


Wifey wakes me up at 11. I'm hazy, not even sure where I am. She's hungry, and we're getting up, getting breakfast, and going to look about Reno, god dammit.

I remember that I've lost all my money, and begin to apologize. She goes to get cigarettes out of her purse. There are over $3,000 in chips in there. Mind you, this is in addition to all the original cash I'd given her when we arrived. Kids, we were flush.

Apparently, I had the blackout craps run of a lifetime and kept repeatedly going and putting chips in her purse because blackout me was afraid of gambling them all back.

For the rest of that trip, we ate the finest of foods at the finest of restaurants, had the finest of cocktails, saw all the shows.

When it came time for us to leave on Monday morning, 7 am, as I walked through the casino floor, everybody from the pit boss to the janitor greeted me by name with huge grins. 

Blackout gambling winner me must be one hell of a tipper.

Wednesday's Racing Tips (2nd August)

Your last betWednesday 2nd August 

Busy so not going to look too far afield today. 

2:00 Redcar - 

Stormbringer is well regarded and ran a sterling race on debut when beaten by a talented, experienced horse. A bit of a skinny price considering there are a few decent types in opposition. If loftier plans are to be taken a win will be needed here. 

6:55 Sandown - 

Interesting how few horses John Gosden has given significant entries this year. In fact, Westerland is the only two-year-old as yet which suggests he is held in high regard. A disappointing effort at Royal Ascot. This son of Frankel has to shoulder a win penalty which makes life harder. A short price but another horse who needs to go well here to justify a return to pattern class. 

Visit for more top-class tipping. 

Saturday's Racing Tips

Horse Racing Tips
Saturday 29th July

Sorry for being a touch quiet yesterday, was travelled back from Yarmouth and very busy. 

1:25 Newcastle - 

Micheal Bell has Highlight Reel going here after being out classed at Ascot.  

2:00 Chester - 

The idiosyncratic Chester. Interesting to see how Buridan progresses from his winning debut at Windsor. Richard Hannon rated this colt. Well entered with a couple of listed races and earmarked for the Gimcrack. He has blinkers applied to concentrate the mind on this turning 5f. Can he defy a winner's penalty? That is probably the crux of the question. A number in opposition have something to prove. Connections will be expecting a bold show. 

2:15 Newmarket - 

Groveman needed the race on debut after a slow start he did well to run on and just missed out on a place. Hills gave this son of Holy Roman Emperor and entry for the National Stakes Group 1. That looks a touch ambitious but he should progress for that first start. Looks a tough contest. 

6:45 Salisbury - 

Harry Dunlop doesn't have many juveniles but Fighting Irish has ability. This son of Camelot ran well on debut and fancied to go well second time out at Ascot. That was a muddling race with the two leaders going a stride too fast. Not the easiest horse to assess but this is an easier task. 

7:00 Lingfield - 

Body Builder is one of the lesser lights from Hannon's stable. This is an easier task.

Betfair Layers Chance Their Luck

Betfair Layers Chance Their Luck
Betfair layers chanced their luck when Wings Of Gold's stall failed to open in the 1:40 Newbury.  

Priced 7/2 with bookmakers, layers, perhaps, presumed they could make some easy money when Saeed bin Suroor's son of Raven's Pass went nowhere as the field raced on. A technical fault saw the chestnut colt taking no part. Meanwhile, plenty of exchange players went crazy with one layer giving £156 at 99/1. However, any thought of making a quick buck turned to horror as the flagman brought the field to a halt with regard to a faulty start. As no horse crossed the finishing line, jockeys returned their mounts to the stalls ready for the race to begin in earnest. 

Betfair markets remained opened with original bets still live. 

Wings Of Gold started 7/2 leaving numerous layers with huge liabilities while a few lucky punters had high hopes of coining it in with a 99/1 shot that should have been nearer favourite than the rag.  

Layers lived to fight another day when Wings Of Gold finished 8th, behind impressive winner Mildenberger, trained by Mark Johnston. 

Be careful when laying horses in-running just because their stall doesn't open.