College Football Wagering Advice

When it comes to college football wagering advice, many will offer all kinds of wacky and obscure tips on how to pick winning teams while completely avoiding putting forth any common sense advice about gambling in general. The best college football wagering advice anyone could offer would be advice that helps a person stay on a sane, safe, and sensible course that avoids a collision with financial disaster.

It would be sage advice to only bet what one can afford, yet despite most people being fully aware of the rationality of this advice, people still do their best to totally disregard it and bet way over their heads. This is a recipe for personal financial disaster. What one needs to do is set aside a finite amount of money within an acceptable level of risk so as to be able to absorb losses with minimal financial drain. In short, don't bet over your head or you will be sorry.

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Connected to this is the incredibly bad idea of increasing the amounts one is wagering so as to "catch up" with one's losses and recoup those losses. That is, if one has lost one hundred dollars, up the next bet to two hundred so as to have the regular one hundred dollar bet plus an additional one hundred dollar bet to get back the money that was lost. The structural flaw of this logic is obvious: it sets one up for even greater losses as the numerical value of the bet increases, yet the losses remain consistent. This method does not get people out of a hole, what it does is it get people deeper and deeper in the hole to the point where they are completely out of the light.

Finally, when one is losing money, the worst thing to do is to borrow money to continue betting. Betting on credit is a further disaster when one has gone through all available liquid capital and now is increasing the specter of debt over one's head. If there was any college football wagering advice that was inherently more important than any other related advice, it would be this point: betting with borrowed money is an absolutely horrific idea!

If one follows these points, one can avoid a great deal of unnecessary trouble. College football wagering advice is worthless if it isn't helpful. These common sense points will be the most helpful advice of all.

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by Mike Jones at 1800-sports.com on August 02, 2007


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