Horse Racing Betting Profits for Non-Gamblers
"How to Securely Make Up To $127 Daily by Safely Managing Only $500"
With close to two decades of professional horseracing betting experience, I can tell you first hand that how you manage your betting bank can have a significant impact on your income generating capabilities. And trust me, I’ve tried all sorts of money management methods, most probably all of them. But here is one of the only two I’d recommend for maximizing profits while minimizing losses.
Double Your Bank (DYB)Double your bank method involves the following:- Establish your betting bank. - Make each bet with a small portion of the bank (I recommend 5% or 1/20th).- Keep reinvesting all your profits back into the bank.- Keep your betting amount (stake/wager) the same regardless of whether the betting bank is increasing or decreasing in size, until your bank has doubled in size.- Once your betting bank has doubled in size, you should then only double your bet size. - Once the bank has doubled in size, you could continue doubling your bank until the desired size is reached. Or you could withdraw all profits and start with the original amount again.
Here’s an example based on a $500 betting bank. Let’s say I’m able to double $500 every 10 days while betting with 5% of the betting bank. The bet size I’ll be using will be $25. I’ll also reinvest all the profits back into the bank. I’ll keep doing this until $500 has doubled into $1,000. Then only will I double my bets from $25 to $50. While my bank is progressing in value from $500 to $1,000, all my bets remain at $25.
How Regular Income is GeneratedBased on the above example, you’ve two options of generating an income. Since $500 is doubled into $1,000 every 10 days, the first option would be to withdraw $500 every 10 days and start the whole process again with the original bank amount. Doing so will give you a profit of $500 every 10 days. Remember...your betting bank doubles while absorbing losses and adding profits...so when your bank doubles, the extra cash is your net profit. Your net profit is free for you to use as you please.
The second option would be to continue doubling your betting bank from $1,000 to $2,000. Once you reach $2,000, you could either stop doubling and start generating an income of $1,000 every 10 days...or double $2,000 into $4,000. This is a brilliant strategy as you can grow a small bank into a substantial one before you start to generate regular income. The extra wait would be worth it as doubling a bigger betting bank would mean a bigger regular income. I’ve actually created an easy formula for working out your income generating targets.
Mohammed’s Double Your Bank Formula
FORMULA: How Much Money You’d Like to Make X How Long Will it Take to Double Your Betting Bank (in Days) = Ultimate Betting Bank
Ultimate Betting Bank / 8 = Your Smaller Startup Bank
*Your smaller startup bank will have to double 3 times to reach the size of your ultimate betting bank. All is explained below.
Not everyone has thousands of spare dollars just laying around the house. However, everyone can scrape together a few hundred. Plus, we all can sacrifice a few weeks without an income from betting in order to generate a much substantial daily income after that period. Now I’ll explain the formula using a real life situation.Formula ExplainedA good friend of mine once approached me seeking betting advice. Steven knew I was successful at generating income from horseracing betting so this gym buddy of mine finally gained enough courage to ‘bother’ me for my secrets. Having known Steven for three years, I thought I’d personally mentor him as oppose to directing him to read my book.
Here are Steven’s moneymaking parameters:- He wanted to generate an income of around $160 per day- I gave him a betting system that doubled any betting bank approximately every 10 days.- He only had a few hundred dollars to start with
Steven would need an ultimate betting bank of $1,600. Ultimate betting bank is the bank size he’ll use to generate an income from. He’ll double $1,600 into $3,200...take out $1,600 profits and start the process again. To work out his ultimate betting bank, I’ve multiplied the amount he’d like to make daily by how long it will take to double his betting bank.
$160 x 10 = $1,600
Now, if you divide Steven’s ultimate betting bank by 8, you’ll get the amount he needs to start his betting bank with.
$1,600/8 = $200
Steven only needs to have $200 to start with. Within 10 days he’ll double $200 into $400. If will take another 10 days to double $400 into $800. It will take a further 10 days to double $800 into $1,600. So within 30 days, Steven’s measly $200 initial investment becomes $1,600...and every 10 days from there onwards, it generates an income of $1,600. This works out at $160 per day. So now, every 10 days, Steven doubles $1,600 into $3,200. He then takes out $1,600 profit and continues to repeat the process over and over again. Is Steven happy about his newfound wealth? You bet he is!
NOTE: In the last chapter of this book you’ll discover details of my betting system that doubles any betting bank.
Based on using a betting system that can double your betting bank every 10 days, we can state the following:- To make $100 a day, you only need $125 total cash to start with. $125 doubling 3 times will amount to $1,000. So every 10 days, $1,000 becomes $2,000...giving you an income of $100 a day.- To make $150 a day, you only need $187.50 total cash to start with. $187.50 doubling 3 times will amount to $1,500. So every 10 days, $1,500 becomes $3,000...giving you an income of $150 a day.- To make $300 a day, you only need $375 total cash to start with. $375 doubling 3 times will amount to $3,000. So every 10 days, $3,000 becomes $6,000...giving you an income of $300 a day.- And so forth…
It’s easy to see how a small amount of startup cash can be used to establish a modest betting bank...and then quickly grow it into decent income producing levels. For instance you only need $250 to start generating $200 in daily income. Please keep in mind that this table has figures based on a betting system that doubles a betting bank every 10 days. If a betting system takes longer to double a bank, more startup cash would be required. If it takes lesser time, a smaller amount of cash would be required to generate the same level of income.
WANT TO LEARN MORE, FOR FREE?This article has been reproduced with permission from a book titled "How to Safely Manage $500 and Make Up To $127 in Daily Profits". This book is currently available FREE of charge as an INSTANT DOWNLOAD. It has been designed specifically for non-gamblers who’d like to use horse racing betting purely as a means to generate consistent profits.
You can download your FREE copy instantly from this link
