I want to write a few words about the big danger of betting online.
I am not talking about getting ripped off or not being able to get your money (I never had any problem getting my money out of my online account.)
The problem with betting online is that it is TOO EASY and CONVENIENT to place a bet.
Normally, when you play the numbers you have to give some thought about what numbers to play and then walk down to the store and buy your ticket. You have to make the effort of going to the store even if it’s raining or there is a snowstorm outside.
Well, when you have an online account you don’t have that problem.
You see, when you have an online account, you can sit in front of your computer all day long playing numbers. You don’t have to worry about bad weather; you just have to type in a few numbers and you are set.
This is extremely dangerous!!
Because you can easily go thru $100s if not $1,000s of dollars doing this.
The convenience of betting online can make you lose any money you win online. (Read that again)
I speak from experience here; this is not theory.
So you have to be extremely careful about having an online account; you have to plan your bets AHEAD of time and exert Self Discipline or else you will lose all your money.
To avoid this follow these 4 Strategies:
(1) Only deposit $100 or $200 into your account at a time. Never put in more than $250.
(2) Only make .25 and .50 cent bets no matter how SURE you are that the number will hit.
(3) Immediately take 80% of your money out after a big win.
(4) Make ONE deposit at the start of the month for the entire month.
The 4th strategy may be the most important strategy.
I suggest putting in $100 or $200 ($250 maximum) at the start of the month (Oct 1, Nov 1, Dec 1, etc) and only making .25 and .50 bets for the rest of the month on the fewest possible numbers. You may want to set a limit of how many numbers you will play per week, say 5 or 7.
Never Play more than 10 numbers per week.
What happens if you lose your $100 or $200 initial deposit?
You are done for the month. DO NOT put more money into your account until NEXT month.
You need this self disciple to win in the long term.
Knowing this will force you to be careful with your bets and motivate you to bet on a few numbers for just .25 or .50 a pop because you have to make that $100 or $200 last for the entire month.
Follow these 4 strategies and you will be a winner in the long term.