Betting Bank and Bankroll Management

To make money gambling you need to be placing bets that have a higher probability of success than the odds at which you back them at. Over time good luck and bad luck will even itself out and it will be the sum of these probabilities that decide your fate. If you do indeed have an edge in the bets you place, you should win money. I use the word should instead of will for a simple reason. It is possible to have an edge on every bet you place but still lose money. Sounds implausible? Bear with me and I’ll explain.

Let’s say your Betting Bank is €1,000. Your kind bookmaker offers you 2.05 on heads in a coin toss. This offer is available for 50,000 coin flips, but you can only use your original bank, and if you lose it, you’re done. How much should you bet? You edge is not huge, but is very real, gclub and with proper Bankroll Management should result in huge profits after the 50,000 flips.

I set up a Monte Carlo spreadsheet to investigate. Excel has a random number generator which I use to simulate the toss of a coin. I enter the probability of success of 50% and the odds I’m getting of 2.05 and it will generate a 1 for heads and 0 for tails. I also enter my betting bank as €1000 and the percentage of my bank that I wish to stake on each bet.

First off I enter to return 10% of my betting bank on each bet. With my bank at €1000 and my odds 2.05 this would mean a stake of €48.78 on the first bet (I’m staking to return €100 which is 10% of my bank). My stake is thus only 4.87% of my bank which might seem reasonably small considering I have a 50% chance of success. I graph the results after each 1000 bets. In this run my bank increased to €209,995 after 37,000 flips. You would therefore presume that betting to return 10% of your bank is the way to go. Alas a big down swing happens soon after and my bank hit a low of just €46 after 48,000 bets. It recovered slightly to €290 after the 50,000 coin tosses.

I hit refresh to produce another set of random numbers and this time my betting bank peaked at €5,200 after 2,000 bets but went downhill and was just €1.18 after 50,000 bets. Both times the overall strike rate ended within 0.1% of the expected 50% which should ensure a profit as getting odds of 2.05 I only need a 48.78% strike rate with level stakes to break even. I ran it a few more times and each time I ended up with less than my starting bank after 50,000 bets. The reason for the massive fluctuations in the bank is that I was staking to high a percentage on each bet so the inevitable bad run will decimate my bank, regardless of the fact I had an overall edge on the bets. In the first run everything went smoothly for 37,000 bets which would lead most to believe their method was a safe one. When things are going so well it’s hard to believe a down swing could be so bad to bust you, especially with such a big sample size. This example shows that having a profitable angle isn’t enough if your bankroll management is bad.

Kelly Staking, which I talk about in my article about staking plans, would suggest staking 2.38% of my bank, which would be equivalent to staking to return 4.879% (2.38*2.05) of my bank. I ran this simulation 10 times, and the worst end result was a bank of €160,000. Clearly this is a much better way to go, but as noted in my staking plans article, it’s not so simple in real life. Kelly Staking is optimal if you know the true odds of each bet. This of course is normally impossible, as in most cases you can only make an estimate, and I believe its human nature to overestimate our edge in most things. Unless you have access to valuable information the market hasn’t accounted for, I would suggest you will at best be only as good as the market.

Continue Reading

Home Builders Breathe New Life Into Townhomes for Young Homebuyers

For a young professional, buying property for the first time is an important life decision as this may be his first major investment. For affordable living in the suburbs, townhomes made by expert home builders can offer these young professionals certain advantages over purchasing an apartment in the city.  สร้างบ้าน

Townhouses are often considered smart housing choices for young homebuyers as they are a compromise between a single detached family house and a condominium. This makes it possible for young professionals to still make a real estate investment without the heavy price of a single detached house. Aside from that, townhomes can offer a number of benefits similar to living in a condominium.

While townhouses are typically a row of homes sharing walls, there are now stylish homes that are semi-detached duplexes. These new dwellings developed by home builders offer more privacy and allow homeowners greater space to entertain guests or comfortably raise a small family.

One of the advantages of getting a townhome is the possibility of land ownership. Land ownership is possible depending on the community that occupies the townhomes. For most townhomes, though, ownership is much like in a condominium where it is limited to the space and common areas used. This condominium-like set-up is also beneficial for the family that has little time to maintain lawns or the home’s façade.

In addition, most townhomes are placed in upscale communities with amenities and recreational areas designed by the home builders. With the kind of lifestyle young professionals have, living in a community where they can relax and de-stress is definitely an advantage. Also, a townhome community can encourage healthy living with shared amenities such as a gym, a pool, a garden, or a tennis court.

Furthermore, since townhomes of any design offer close-knit communities, young professionals living alone can find greater security compared to detached homes where neighbors are distant. Neighbors living closer can also foster fast friendships for families with children looking to interact with others their age.

If the idea of living in a townhouse community doesn’t seem appealing, it is worth noting that some home builders have developed more attractive ways to present these semi-shared spaces. Aside from the semi-detached duplex-style home, row houses become more comfortable with the addition of cozy porches that look like any detached dwelling.

A first real estate investment is a decision young professionals should give a lot of thought about. Investing in townhomes can be a practical choice while being a manifestation of success and progress in a career.

 

Continue Reading

Find Your Favorite Online Games

Have you ever wondered if you could find some online games you’d really enjoy playing? Or, have you found some online games that were fun, but wanted to find more? If you answered YES to either of those questions, I have some tips for you, and some methods.  Matka

Because there are so many kinds of online games, and so many websites, you can really increase your chances for having fun if you find the kinds of games that you really like, so you can start finding more of them. To get you started with this kind of thinking, here are just some of the categories of games you will find on the gaming websites:

  • action games
  • adventure and role playing games
  • arcade and classic games
  • puzzle and logic games
  • racing games
  • shooting games
  • sports and skill games
  • strategy games

Just think about the types of games you are likely to enjoy. Then, when you visit online gaming websites, try out the games in those categories first. This will help you get on a fast track in finding what you enjoy.

Did you know that there are many thousands of games you can play for free online? Here is one website to get you started:

You can use the search engines to discover more gaming websites to try. After you find a few sites you enjoy, or at least one or more category of games that you like to play, you may want to look for online gaming forums to learn more and make friends. Forums are online discussion boards where you can ask and answer questions, share information, and make friends.

You can find forums that may be visited by others with your particular interests by using the search engines. Here is one online gaming forum you can check out:

If you want to get started playing online games, or increase your enjoyment of online games, then it’s time to think about what kinds of games you like, visit some websites, and try some new games! Have

Continue Reading

Overview of Casino Games

Games played in a Casino are called casino games. The player will gamble in a casino game using Casino chips for the random outcome. There are also online casino games. These games are generally controlled by laws. The laws differ from each country. The Casino games are of great entertainment.

There are generally three type of casino entertainment, namely table, electronic machine and ticket games. The slot machine is the important machine in a casino. Online games are very popular today.

You can find slot machines in all casinos worldwide. But these slots games are even more easily accessible, some of them are free and for others you need to pay. These slots games have very simple rules, you just want 메이저놀이터 to know which button you should hit. You can get bonus games also, if you play well.

The advantages of these games is you that you shall play without leaving your home, sitting comfortably in your room and some games do not require registration or downloads. People play these slots game for real money and to get bonuses. There are thousands of visitors for every online site. The good online casino provides a lot of slot machine varieties to suit each and every customers need. These slots are easier, fun and have potential earning opportunity.

Choices of games, the bonus and jackpot sizes are the three important things to consider while choosing an online slots activity. Sometimes, interesting online slots are found surprisingly in small casinos. Online slot game rules vary from casino to casino and also even from slot to slot. Studying the rules thoroughly will help to make the games more fun and interesting.

If you never tried online slots game, come on, go ahead and search for online casinos. Sure you will have a great time.

Continue Reading

Casino Games – A Quick Review Of Casino Action

This is a quick review of the Casino Action online casino, a site that offers some of the top quality online casino games available. This site is mainly characterized by its great promotional offers of casino rewards, hassle free banking facilities, security of fair play, progressive jackpots and a wide variety of featured casino games. Casino Action is regarded as one of the top ranking casino games played in the world.  안전공원

Casino Action contains around 439 games to choose from. The three most popular among them are Mermaids Million, Big Top and French Roulette. Mermaids Million resembles the “Tomb Raider”-video slots game as seen on other casino websites and gives you multiple opportunities to win the jackpot. The Big Top game creates the circus atmosphere and betting starts here with a small amount of ten cents per spin. French Roulette resembles the roulette table in Las Vegas. The game has some of the best graphics and its touch of sophistication makes it somewhat of a favorite among the casino players. The game has around 16 progressive jackpot games which include table games, slots and card games.

At Casino Action, you can expect some handsome promotional offers. The sign-up bonus promotion always gives you a second chance to win the casino bonus. The game is played without any risk to your personal funds. The Casino Rewards VIP loyalty program rewards you VIP points for playing the games. This casino lets you do a quick checking of your account if you desire to do so. As a member of the Casino Rewards Program, Casino Action gives the players the option to join hands and combine their VIP points with any other casino which is a part of the program. A great email notification service confirms any activities made at this casino.

Casino Action offers hassle free banking facilities where you can enjoy more of the game rather than spending time on various formalities as in other casinos. The bank deposits and withdrawal systems are simple and do not require much time. The 24×7 support center gives you full assistance in case you need additional information.

The game accounts for fair play and every step has been taken to see that the players get full security and protection. The players are issued exclusive account numbers with their private passwords. Casino Action employs independently reviewed Random Number Generator (RNG) and the results are published by independent auditors. The privacy policy is tight and there are no records of spam here with only registered players on the games email list. So get ready for gambling – and take back some of the exciting prizes that Casino Action has in store for you.

Continue Reading

World Cup 2010 Football Preparations in Full Swing

Every four years the football world gets together for the premiere tournament in the sport, and the World Cup 2010 football tournament is shaping up to be an exciting one. Teams are in the final stages of preparation for this mid-summer event, and new international team uniforms are being unveiled every week. Fans are clamoring for the new gear and teams are making the final adjustments to their games so that they will be ready for the spotlight in July.

South Africa Hosts

South Africa won the honor of hosting World Cup 2010 football this year. It’s the first time an African nation has hosted the tournament, and promises to be a beautiful venue for the games. South Africa has spent quite a lot of money and time in preparation for the tournament, and they have even built new stadiums specifically for the World Cup. Revenue from tourists and media should pay for all of the renovations and more, which is one of the reasons that hosting the event is such a sought after honor. ข่าวบอล South Africa was in competition with several international sites for the hosting job.

Football on the World Stage

Many people have compared World Cup 2010 football to the Olympics, and it is a valid comparison. World Cup brings together most of the world’s nations for two and a half weeks of intense match play, culminating in the crowning of football’s world champion for the next four years. Millions of fans watch the games on satellite feeds around the world, and the event is covered by international news agencies as well. The hordes of international fans that will descend on South Africa will resemble the mixture of cultures that usually attend the Olympics, and they will probably double the size of the population of the city during the tournament.

Book Hotels Early

If you plan to travel to South Africa for World Cup 2010 football, you should make your reservations right away. Hotels that are anywhere near the stadiums will be booked solid months before the tournament, and outlying hotels will be filled up relatively quickly as well. If you can’t find a traditional hotel, you may have luck finding someone who is willing to rent out their apartment or home for the duration of the tournament. Local residents would sometimes rather get out of town than stay for the circus of the tournament, and they don’t mind making a little money by renting their dwellings to someone who wants to attend the games.

Beware Ticket Resellers

One of the biggest hazards to anyone who plans to attend the World Cup 2010 football games are ticket resellers, or scalpers. These unsavory characters will purchase large blocks of tickets at the retail price, then resell them for an outrageous profit just before the games. Some unscrupulous con artists will even fabricate tickets and sell them to unsuspecting football fans who receive a nasty shock when they try to enter the stadium with the bogus tickets. Purchase tickets from respectable sources to avoid any potential problems.

Continue Reading

Auto Parts Online Blog, Updating Information on Autos

So what’s new in the automobile world?

There are many resources for the latest and breaking news and information with regards to the automobile world. After all, there is a huge number of people who have been converted to automobile aficionados and fanatics. Some of them could not help but want to share the information with the rest of the globe. Try searching the World Wide Web and you would be able to encounter many websites and blogs that lean towards automobile news and other information regarding anything and everything concerning cars, vehicles, and autos.used auto parts

The Auto Parts Online Blog could be considered to be just another blog in the cornucopia of auto blogs. However, what sets this blog apart is that every blog entry and article has been systematically researched, carefully thought over, as well as wistfully and creatively crafted. To add to the reading and viewing pleasure of guests of this auto blog, colorful, vivid and symbolic pictures had been added in. the pictures could be considered eye candy. This makes reading the Auto Parts Online Blog interesting and worth reading.

The  is a part of Auto Parts Online’s commitment to providing its wide customer base the latest breakthroughs and most updated information regarding automobiles, auto parts, and other things related to automobiles.is one of the leading suppliers of auto parts. This online store holds a huge array of car parts, auto parts, and accessories that have been carefully categorized for easy browsing. Interested parties may choose to search for parts either by vehicle brand, or by type of part. This online store has been in the business for more than twenty five years.

Through the Auto Parts Online Blog, Auto Parts Online is able to provide its customers and its patrons the breaking news, events, and breakthroughs in the automobile world. Just like in supplying auto parts, this auto blog contains quality information that does not compromise high standards.

At present, the latest news that you could find at the Auto Parts Online Blog includes a list of the best vehicles that one could see at the Chicago Auto Show, a look at the Honda Insight and Honda Civic GX which have been chosen by the American Council for Energy Efficient Economy (ACEEE) as the most environment-friendly vehicles for 2006, a quick walk-through on mechatronics, a review of the 2007 Lincoln Navigator, and a comprehensive look at safety gadgets for vehicles among many others.

The Auto Parts Online Blog is updated regularly so it is worth visiting. The articles and blog entries are worthy to read and are presented in an easy to read format. Automobile aficionados and followers have constantly been visiting this blog for more information. If there are any comments, reviews, reactions, raves, or rants, the Auto Parts Online Blog allows this through a link found at the start of each article. Any person could put in whatever is on their mind regarding each article. This auto blog serves and functions as an avenue for these automobile followers to come together and share information.

Continue Reading

Escorted Tours That Could Take In Many of the 50 United States of America

The UK has long been fascinated with the USA and the people that live over the Atlantic Ocean from us, the American influence on our own culture is often seen whether it is in movies and music or cuisine many people will be interested in visiting the source of these aspects of daily life and want to visit the country themselves. And a big country it is as well, many will have areas they want to visit such as New York City, Miami, Los Angeles and Las Vegas but to get a fuller appreciation of the American way of life you’ll need to dig a little deeper.    portland escorts

Combining a number of destinations into your holiday could prove difficult, especially as you’ll have to arrange transportation and accommodation ahead of time taking many months of careful planning. Instead you could opt for an escorted tour of the land of the free and go on an escorted tour of North America either focussing on a particular region such as the East Coast or West coast or perhaps you’ve had your fill of cities and towns and want to experience the great outdoors, if it is in the United States of America then there’s a strong chance there is an escorted tour to cater to your wants from an American holiday.

One of the most popular North American escorted tours has been exploring the west coast states including trips to ‘fog town’ San Francisco, ‘the glitter bowl’ in Hollywood and Los Angeles and ‘Sin city’ Las Vegas. There are many escorted tours that combine these three destinations and have proven popular with UK tourists mostly because it best exhibits the outrageous lifestyles and experiences that you simply won’t find anywhere else in the world.

The east coast with the nation’s capital Washington DC, New England and of course New York are often grouped together as they can give you a totally different American experience too. Whether you want to see the White House or indulge in some retail therapy in New York this trip could also include a trip up north to Niagara Falls for something natural and truly breathtaking.

For those looking to see all of these experiences at once there are even tours that span a longer time period where you get to spend time on both coasts and enjoy everything that north America has to offer, so if you want to visit North America but want to get a fuller experience then an escorted tour could be just the ticket!

Continue Reading

Betting Online – Some Tips and Suggestions

Betting on horse racing has been one of the popular betting games enjoyed by many and in fact, with the advent of the internet, horse betting online has also become convenient and popular on the internet. With horse betting online, you don’t have to leave the house just to bet. Online betting has also widened the audience of horse racing and has allowed horse racing enthusiasts to interact with each other and bettors can discuss and share information and help them level the playing field.

Horse betting online has become convenient not only because you can enjoy the game and the UFABET betting at the comforts of your own home, but you can also bet online by just paying through your credit card and get your winnings through online transactions. Of course, there are also risks involved especially that money is involved, thus it is wise to be cautious is dealing with financial transactions online. To be able to participate on horse betting online, you have to understand the rules and guidelines from bookmakers. Once you know the basics and everything you need to know, you will find betting online easier and fun.

In online betting, you will be ask to choose a track, a race and then lastly, the horse you want to bet on. However, you have to make sure you understand the different bets and your chances of winning on them. For example, the most common bet is the single bet or also known as the straight bet where you place your bet on a horse you think will win the race. You can also have a wager for ‘place,’ which means you collect money if the horse you bet on finishes first or second. You can also collect if you bet on two to four horses in your chosen order. Of course, you will collect if they end up in that sequence.

Just like betting at the actual site, it is also important to keep in mind some tips to increase your chance of winning – from choosing the right horse to bet to understanding how much you are willing to lose in this game. While you are taking advantage of the convenience of horse betting online, you have to take the opportunity to do your research online as well. Indeed, availability of information is one convenience of betting online, so take advantage of it and find all information you need to make a wise bet.

Research is truly important before betting. You have to know the odds of a particular horse. Of course, there are things that you need to consider also. Check the background of other horses, most especially if it concerns your bets. Checking on their right track record for example helps you decide if they are indeed worth your money. Although placing your bet online is convenient, always remember to be safe always in making financial transactions over the internet. Make sure you are betting on a legitimate site and make sure your credit card information is always secured.

Continue Reading

Online Sports Betting

Several people are becoming more and more interested in online betting. Who wouldn’t want to take pleasure from it at the very comfort of his own home? Who wouldn’t love the excitement of earning money with just a few clicks on the computer keyboard? An online sport betting is continuously gaining popularity as it addresses people’s need for more amusement while watching their well-loved sports.

However, just like any other activity you would want to get yourself involved with, there are UFABET things you need to keep in mind not to make this thing a destructive undertaking. First and foremost, you must be well aware of the entire online betting procedure. You are not supposed to bet if you have no idea where your money will go. You shouldn’t set aside learning all its aspects as lack of knowledge about said gaming can lead to improper spending of your funds. Take time to ask your friends who are fond of the same activity, or learn it yourself by browsing the internet. Also, you need to understand that this is all about laying a bet, which has no definite assurance whether you will win or not. With this mind, you would not be easily tricked by some websites claiming that you can win a great deal by choosing them. In most cases, those sites asserting that they can provide you with frequent winnings are just scammers. Thoroughly assess the website you will elect for.

When you select a sport of which you will put money on, make sure that it is something that you are really devoted about. Otherwise, you will end up guessing why you lose and why you hardly gain money from it. Also, you have to be certain that you allot safe amount of cash for gambling. It prevents you from spending more than what you intend that you will regret afterwards.

These are only a few tactics you have to be guided by to achieve an enjoyable online sport gambling experience. Failure to observe these aspects can lead to less leisurely encounter that can place your finances to a perilous state.

Continue Reading