Monday, 16 July 2018

5 Ways Psychology can Improve your Gambling

Psychology And Gambling
Psychology – the study of behaviour and mind. I think you will agree it is a fascinating subject because it helps identify knew wisdom, understanding and advancement of the human condition. 

You may have seen the subject of psychology detailed within gambling as psychopathology. Research relating to addiction, which is a problem for many who lose control and betting to a point of harm. I have always been interested in the other side of the coin. How can we use psychology to actually improve our chance of winning? It's a topic of conversation that I have heard very little news. However, I have spent many hours reading psychology books from a quantitative and qualitative perspective and these tips can help you win when betting on the horses. 

1) The chair you sit It sounds a crazy idea but research has shown that the chair you sit when making your tips can be the difference between winning and losing. Or, at least, improving your chances of making it a profitable day. It was found that people sitting on a harder chair were harder negotiators than those who sat in comfort. 

2) Be Careful who you listen to You may not realise it, but you are influenced without knowing. The racing paper, TV channel, opinions and thoughts can easily sway your judgement. If you have good reason to follow your tip – don't be swayed. 

3) Become an expert Can the novice punter be better than the expert? It is said that it takes 10,000 hours or study to become an expert of any subject. Make sure you put in the hours and especially work within a niche. It will give you a huge advantage over the opposition. 

4) I followed that horse off a cliff We've all been there. I bet on that horse the last three times so I can't afford to let it go by today. You probably didn't realise but this is psychology at work. You are much more likely to bet on an old favourite horse that new name because of this previous relationship. However, you need to keep this point in mind as all too often this type of horse disappoint and become very costly to follow. 

5) The Contrast Theory This is worth noting. How many times have you seen one horse beat another only to see them re-oppose next start. Take a look at the betting. The beaten horse is likely to be a bigger prize. Not a surprise you might say. But how big are the odds? The human condition details that we often make mistakes in this area and favour the previous winner much more than we should to a level where the outsider of the two horses is a value bet. If the horse looks to have a reason why it could improve: going, distance, jockey it may be the bet. The next time you place a bet, take a moment to consider how psychology may have helped or hindered your chance of winning.

Not by a Long Shot: A Season at a Hard-Luck Horse Track

It sounds too good to be true. 

American, Jesus Leonardo, walked into a betting shop without placing a bet and walked out with $9,500. 

The man from Midtown, Manhattan, makes a tidy profit from visiting bookmaker's and racetracks, sorting through betting slips thrown in the bins or scattered on the floor. He's known as a ''stooper'' and pockets cash by picking up tickets that others have thrown away as rubbish. 

In fact, over the years he estimates he has collected nearly half a million dollars. When you consider that uncashed winning tickets at bookmakers and racetracks in New York totalled more than $8.5 million over a two-year period there seems ample opportunity to take advantage of others misfortune. 


''It's difficult enough to find winners but these people have won and thrown their winning betting slip in the trash'' 

Jesus Leonardo has not even placed a bet.

He said: “It is literally found money,” he said on a recent night from his private winner’s circle. He spends more than 10 hours a day there, feeding thousands of discarded betting slips through a ticket scanner in a never-ending search for someone else’s lost treasure. 

“This has become my job, my life,” he said. “This is how I feed my family.”

“He’s a legend,” said Paul Pepad, 57, an out-of-work musician who lives in Manhattan. “Everyone knows that this is his turf, that all the tickets thrown out belong to him, period. It’s just been that way as long as I can remember.”

The fascinating endeavours of stoopers captured the interest of journalist T. D. Thornton who wrote a book in 2007: Not by a Long Shot: A Season at a Hard-Luck Horse Track.

He said: “Stoopers are the gleaners of the racetrack world. Stoopers have a relationship with horse tracks that goes back to the advent of parimutuel betting in the early 1930s. There is an unwritten code in racing that says stoopers are tolerated as long as they are not perceived as harassing or stalking customers.” “They are allowed to live on the fringes,” he added.

Leonardo says he makes a good living from stooping making from $100 - $300 a day and more than $45,000 ay year. 

He said: Last month, he cashed in a winning ticket from bets made on races at Santa Anita Park in Arcadia, Calif., for $8,040. His largest purse came in 2006, when he received $9,500 from a Pick 4 wager (choosing the winners of four consecutive races) at Retama Park Race Track in Selma, Tex. It is all taxable income.

“I file my winnings with the I.R.S. every year,” Mr. Leonardo said in his thick Dominican accent.

Friend, Freddy Perguero, detailed:  

“Everybody in here loves Jesus,” he said. “When Jesus wins, we all eat, and we all drink. Jesus is a very generous man.” 



Once upon a wager on a race run at Aqueduct Racetrack in Queens, Mr. Leonardo, who lives in Wanaque, N.J., became a stooper by accident. In 1999, he walked into that same OTB parlor in Midtown and placed a bet. He watched the race, was sure he had lost and threw away his Pick 3 ticket. “But just as I was leaving, I looked up at the screen and realised an inquiry had been made,” he said, referring to a review of the race to check for possible rules infractions. “All of a sudden, the results changed and I actually won $900.”

He recalled the moment when trying to find his winning ticket almost in tears asking the manageress for help:   

“She said there was nothing she could do about it,” Mr. Leonardo said. “I was so upset, almost in tears. Finally, she said, ‘Look, if you want to take the garbage home with you and look for your ticket, go right ahead.’ ”


Amazingly, he couldn't find his winning $900 ticket but found two others worth almost $2000


“I couldn’t believe it,” said Mr. Leonardo, who had been supporting his family and his dream of writing songs by working odd jobs, including painting homes and cleaning windows. “I started thinking, there’s probably winning tickets thrown in the garbage every day.”

He decided it was a winning job and returned every day waiting for the betting shops to be placed at the curb and picking through hundreds of slips. 

“At first, my wife thought I was crazy, but then she realised I was finding a lot of money in winning tickets, sometimes $200 a day,” he said. “After a while, she didn’t think I was so crazy.”

He hasn't got any intention of stopping.

“Look here,” he said to Mr. Peguero after pulling a credit voucher from the machine for $6. “Another winner.”

Friday, 6 July 2018

High Risk or Low Risk?

World Cup 2018
What sort of better are you? Do you like to “risk it to get the biscuit” or are you more of a conservative gambler? For the best world cup betting tips check out world cup tips and you will be privileged enough to get the opinions of some of the smartest minds in the game when it comes to the world cup. Whether you are a risk taker or a safe better, world cup tips will have the answers for you. 

I am quite a safe better myself, I will make the following safe bets come the world cup. I would put some money on Germany and Brazil to win the world cup outright. I would bet on Messi of Argentian and Neymar from Brazil to win the golden boot and I would even take a punt on David De Gae of Spain to win the golden gloves award. I know many punters who would take a risk and bet on dark horses such as Belgium, France or Argentina to win the World Cup and these are not bad bets to be fair. All three sides have quality players and if they perform to their best abilities there is absolutely no reason why they will not have fighting chance of winning. There will also be the odd punter who will bet on players such as Ronaldo – the Portuguese genius and Harry Kane – England’s new golden boy. These two players are world class players and have scored goals for fun in their respective leagues this year however do Portugal have the ability to go as far in the tournament as a team such as Brazil? Only time will tell! That is the beauty of the World Cup, there is always a shock result around the corner. World Cup Tips will be able to assist you in deciding which games to bet on and which teams to bet on in the process. 

Everyone loves themselves an underdog story and we would love nothing better than to see an outsider go on to win the tournament this year. Some of the outsiders who may be worth taking a punt on would be for sides such as Russia the hosts to reach the latter stages of the competition. Russian have some talented players and they will be boosted by the fans and the fans will most certainly be the 12th man rooting and pushing the players over the line late in games. It often happens that the host nation seems to perform over and above their abilities as the have the chance to become hero’s in their nation. We saw South Korea surprise the footballing world when they got all the way to the Quarter Finals in the tournament in 2002 when the competition was played in South Korea and Japan. When it comes to betting, always be safe and think before you make that bet!

Saturday, 16 June 2018

Psychology can improve your betting performance

The Power of Psychology
Psychology: the study of behaviour and mind. To many, this offshoot of philosophy is akin to witchcraft. Others, it is just common sense. While for the majority: ''mumbo jumbo''. 

The strange thing about psychology is that we know it works. There have been studies which show when you walk into a supermarket, we walk so many paces before stopping, turning, and look around. You've probably done it a thousand times and never thought about it. It's walking, you stopped, so what! 

That's why someone had the brainwave of making sure the isles, offers or security guard (joke) are seemingly waiting at the right place to get you to buy. 

It begs the question, how many other things work like that? It is worrying to some extent as you may find yourself buying things, saying yes to someone who five minutes ago gave you a free pen, or liking someone or something that in ways always repulsed you before. You just put it down to being Friday! 

The power of psychology. Neuromarketing. Mumbo jumbo. 

Have you ever watched a TV advert and thought 'what's that all about'. McDonald's with its catchy whistle. Tapping into all those difference senses so you when you want a burger, you find yourself in their queue ''Cheeseburger, please!''. 

You robot! 

I guess we are a little fearful of the unknown. What's happening to me? I went to the shops to buy a packet of sweets and returned with a vacuum cleaner.

What are those bookmakers are doing with all this witchcraft? 

If you open a new account, we will give you 10/1 that Chelsea beat Whatever United! I see it somewhere else 5/4. 

But what about all those subtle things. You go in the bookies and someone asks if you want a cup of tea. Milk. Sugar. (How much did that cost me?)

I studied psychology and gained a degree a number of years ago. Social psychology is intriguing because it finds ways of tapping into the human condition to get you buying. Why is one salesman so much better than the rest of the team? If you studied this person you would identify how and why.

But how does this all related to an individual like you or me making psychology work for us to be a better gambler or win more money?

The key to finding winners is , in many ways, watching, taking note, and understanding winners. For instance, one aspect which often reveals bigger odds (value) is the contrast theory. Basically, if one horse beats another, many punters, bookmakers, layers will fancy the same result if they oppose each other at a later date. I know there may be changing variables such as weight, going, distance etc. However, it has been proven that people often assess the likelihood of the previous winner as having a greater chance of victory than it does. Meaning that the favourite is often under priced whereas the beaten horse is actually value at bigger odds.

Just stop for a moment, and consider how many other aspect of psychology could be at play when you bet. 

Monday, 4 June 2018

Big Deal: Poker Player Robbie Box Made TV Gold

Big Deal - Robbie Box Poker Player So few TV programs do gambling justice. Who can remember the ill-fated Trainer? What a horrendous attempt at what ever they thought it was. 

We've seen a few fly-on-the wall documentaries about problem gamblers. Depressing. True, it is real to a point. Although the term demand characteristics pop into my head when I see anyone acting strangely in front of a camera of any kind. Don't you just love the staff in the shops who tell the bloke who is bashing the FOBT to death, to go home after he has lost all of his dough. Very ''When The Fun Stops - STOP!'' 

For so many people betting is bad news. Unless you look at it as a full-time job or you are happy betting 50p a week then PLEASE don't get caught in its net. 

One program I'm sure many readers have truly fond memories is Big Deal starring the talented Ray Brooks. This British comedy-drama was broadcast on the BBC between 1984 - 1986. The series created and written by Geoff McQueen. Unknown to me, he also created other noted TV programs as the Bill. Sadly, McQueen died in 1994 at the age of 46 from a aneurysm. 

Well, Robbie Box [Ray Brooks] was a small-time gambler with a poker addiction [I think more of a way of life than addiction but I may be splitting hairs].   

It was an excellent 3 series. There are a few episodes on Youtube and the BBC did have the wisdom of selling one or two series but then ceased their involvement to the irritation of many who were willing to pay good money to have this worthy DVD collection. 

In all 30 episodes were made. 

Here is the very first episode of this great gambling series. 



   

Friday, 25 May 2018

Man Eats Cheeseburger to Win $10,000 Bet

Man Eats Cheeseburger to Win $10,000 BetThere are some amazing sport betting stories. 

The type of story where some bloke goes to the races with a few pounds in his pocket and comes back a millionaire. Sure we know that isn't the scenario for your average Joe Bloggs. In fact, it's odds-on that more punters have lost millions than won. However, isn't that the thrill of the gamble? There's always someone who knows a friend of a friend who has the Midas touch. Some people make a fortune without even placing a bet. Read more...

Take a look at this great website for all your Sports promo codes and enjoy these stories to see which punters tick your box. 

The Lucky Punter Wins £44,000 with £10 Bet

Stephen Kelly shouted: 


''Yeeeeeeeeeees!''

as the final leg of his astounding golf bet came in. The Aberdeenshire man's double added to the sum of 4363/1. 

The 30-year-old, now living in London, placed the wager online with Bet365. 


Picking (Up) Winners Without Placing a Bet

This gambler was flat broke but that didn't stop Jesus Leonardo from winning bundles of cash. Better still, he didn't even need cash. How come? Well, this canny soul makes a living from searching the rubbish bins at betting parlours in search of winning betting tickets thrown away by mistake. Jesus realised the worth of checking old betting slips after losing a winning ticket worth $900. So desperate was he to locate his ticket that the manageress said he could take home bags of ''losing'' betting tickets home in the vain hope of finding his wonga. 

In a bizarre twist of fate, he didn't find his ticket but two other winners worth $2,000. 


It was the start of a new career earning more than $45,000 a year. 

When you consider uncashed winning tickets in New York totalled more than $4.2 million a year there's plenty enough money to go round if you can find those elusive winning (lost tickets). 

I Bet you Can't Eat this Cheeseburger for $10,000

Heavy weight pro poker player Howard Lederer was told to lose some pound by his doctor and took the advised by losing almost 80lbs. With poker earnings of almost $6M, there was only one thing he loved more than gambling and that was food. However, even a strict diet couldn't stop him from taking advantage of a stupid bet made by his good friend David Grey.


He bet $10,000 that he couldn't demolish [eat] a big cheeseburger.  

Lederer finished the meal and pocketed an easy $10,000.   

Saturday, 12 May 2018

Psychology of Slot Machines

Online Slots
The old-style fruit machines. 

Just a bit of fun. I doubt too many addicts would agree. However, the mentality of gamblers varies from one extreme to the other. Some bet and walk away, while others simply cannot stop pulling that one-armed bandit or pressing a flashing button until they are broke. 

Interesting how people vary so much. People do their own thing. Some, I guess, are more likely to be addicted to gambling or a certain type of gamble. When over 50% of the population bet, it is a worry for those who realise too late that a ''seemingly'' innocent pastime has cost them their home, marriage and life. 

Fruit machines are one of the most addictive forms of gambling. 

As a child, I used to go to Caister-on-sea for our annual holiday. Every September, missing the first week of the new school year because dad loved his racing at Great Yarmouth. Holidays were cheaper. I didn't like school so I would have opted for one long holiday fifty-two weeks a year. Anyway, the arcade on the holiday camp was ideal for two brothers who liked the look of the fruit machines. It was in the 1970s so we were talking pretty basic stuff. They even had a few of those old, chromed numbers with the Indian head, the class one-armed bandits which these days are collector's items and go for a few grand a piece. We were in our element. A pocket of twopences and motivated by the lights, noise of coins paying out willingly. The smell of hot dogs drifting in the air. Mum and dad listening to the entertainment. Dad with his brown and mild. Happy times. We played those machines with spirit. Not sure, thinking back, what was going through my mind. I guess it was the thought of winning. When you have a pound's worth of change in your pocket anything seems possible! 

Win or lose it didn't make any great difference. Basically, it was fun. I don't regret betting or my parents suggesting it was okay or acceptable. Like father like son. I will be forever proud of my dad.    

In some respects, betting from such an early age may have been a good thing. It brought a realisation that to win at gambling you need to have intelligence and discipline. By the time I was a teenager I was bored to death with fruit machines. I realised they were fixed odds, so long term you simply couldn't win. 

I hadn't played a slot machine in years but thought I'd have a bit of fun on Saturday evening. I use Betfair for betting horses on the exchange but they have everything on the website including online slots. 

I thought I'd bet a tenner. 

Slot machines are very different from the good, old days. But one thing that came to mind was the amount of psychological research which must go into making these games big money makers from casinos, bookmakers or whoever sets these businesses up.

They are made to keep you betting and they have cracked that aspect of betting without question.  

I won £200, so good luck favours the brave. Stopped playing and very much doubt I will be playing for a good few months.