Saturday, August 7, 2010

Just ask your friendly neighborhood bookie: If you want to win big in the long term, you have to be ready to take it in the short(s).

My pal Peter Punter continues his brave quest to find a "system" that wins more often than it loses, pays big bucks, and makes a profit without any significant risk.

I stopped looking for that particular brass ring about 30 years ago, and so did every book-maker who plans to stay in business.

Still and all, you gotta dream, don't you?

Target betting is more about waking up to reality and doing what it takes to secure a long-term profit.

I love it when stories break out of Las Vegas telling how after some big game or horse race, the book biz is crying crocodile tears and seemingly begging for sympathy while paying out record sums to delirious punters.

What a croc! (Pun intended).

The book is built on the presumption that if punters don't win once in a while, they won't play, because even gamblers are not total fools.

It is also good policy for bookies and casinos to grab a megaphone once in a while and shout out loud about big wins for the good guys.

It's not really about sympathy, it's about the age-old principle of the carrot and the stick.


Target betting had a bad day yesterday and hopes for a better one today.

That's not gambling - it's mathematics, plain and simple.

Here are today's baseball bets.

(The betting template is humming along nicely, and I'm sitting here waiting for the other shoe to drop!).

An important reminder: The only person likely to make money out of this blog is you, Dear Reader. There's nothing to buy, ever, and your soul is safe (from me, at least). Test my ideas and use them or don't. It's up to you. One more piece of friendly advice: If you are inclined to use target betting with real money against online "casinos" such as Bodog, spend a few minutes and save a lot of money by reading this._