If there’s one common failing amongst punters it’s the belief that while they bet, whether as a leisure activity or on semi professional basis, they have some limitless knowledge on all matters relating to the topic.

A guy who backs on horseracing thinks he can spot a good soccer bet or a backer who studies the tennis form all day presumes he may make money on the NFL also.

But you wouldn’t expect your plumber to be able to fix your bathtub as well as your TV set at the same time… would you?

Betting is all about having an advantage – one advantage over your fellow players, the bookies, the home, whoever you are trying to win money from. You could have a specialised ability in one place of betting (an ability which helps you make money) but you are most unlikely to have such a clear advantage in all of the the others as well.

And it is far better to make money in just one area – horseracing, golf, poker – than to make it initially in that one area and then go lose half of it by placing bets on several other sports you know little, or nothing, about.

Even within one sport you will find further sub-levels of expertise. Take the example of horseracing. You will discover folks that concentrate solely on turf racing or races on the dirt, sprints or middle-distances, steeplechases or hurdles, handicaps or maidens, UK, American or online football online [gmtti.edu noted] Irish racing… the list goes on.

If you decide to narrow your field of betting, boost your degree of understanding and know more than your respective opponent on that one particular subject, that is the best way to make money. It shall certainly enhance your returns.

This is what you need to do. And if you have not got that sort of information readily to hand then seek out those sources which provide such tailored advice. Learn from that and then see what can be achieved.