Saturday 5 August 2017

Welcome to Dropping Punts

Welcome everyone to Dropping Punts!

My name is Tyrone and I love a punt.

First off, I'd like to mention that this is my first ever Blog and I'm super excited about it. I've dabbled in these kind of things before and have written a few odd articles over the years, but never actually put my experience and opinions into one place so it's very exciting!

So, what is Dropping Punts?
Well, as you may have assumed, this Blog is primarily about dropping punts. As in, placing bets.
I am in no way an avid expert on statistics, form guides or gambling. In fact, I'm sure throughout this experience you guys will probably teach me more than I teach you.
One thing I do have to my name though is a track record. Unlike most punters I come across, I've won more than I've lost over the years. Is it due to good luck? I can't say.

What I can say though, is that I have a few simple rules I stick to and they seem to work.

1. NEVER... EVER... gamble what you can't afford!

Ok, so this one sounds like cliche' and I'm sure most of you don't want to here my P.S.A about responsible gambling... but that's not what this is!
What I refer to is things such as chasing your tail. If you have a $50 for a night at the pub with the lads and you plan on spending about $30 of that on a few rounds, spend $20 on a punt.
Do not go to the ATM first. Do not go to the ATM after your bet fails. Do not go to the ATM!
The simplest way I can put it is this; You will never will when you need to.
I don't know if it's cosmic karma or the F--- You from the universe, but if you have $20 and you need $100 to pay your rent... KEEP THE $20! Because, most likely, you'll put that $20 on a football match and suddenly the entire team will get cancer or polio or god knows what! Just bet for fun!

2. Practice Accumulation betting.

When I say this to people, the most common response is "What the hell is that!?"
Well, straight off the bat I have to say, no! The accumulation betting I  speak of is not system betting, nor is it Multi betting! It is a disciplined, boring, basic form of betting that involves "low risk. low reward" tactics. Most people are tempted by the allure of the BIG MULTI BET! I mean, I am too! We all are, that's why it's called a gamble. But, if you want to make some good cash, the best practice for syndicates is as per the example below.

You have $50 to punt for the weekend, try and accumulate your winnings.
Let's assume the average odds of you bet are about $1.40, here's how you build it up.

50.00 x 1.40 = 70.00
70.00 x 1.40 = 98.00
98.00 x 1.40 = 137.20
137.20 x 1.40 = 192.36
192.36 x 1.40 = 269.30

This is obviously a very broad example, but the moral of the story is that Accumulation betting takes time, patience and balls!

I'll be writing opinion peices and giving a track record of recent bets and an up to date run down of where my personal Accumulation Fund is up to. I'll be starting a new one from ground zero for this blog with either $20 or $50, I'm not sure yet.

Either way, this is an exciteing time for me and I hope you all follow me on this and maybe even get a couple of good tips.

Cheers!

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