Note to Our Members
Betting is a form of gambling, let's not kid ourselves here. Over 95% of people who walk into a casino, whether digital or not, come out losers.
At Hammer Wagers, our goal is to mitigate as much risk as possible so that you can be one of the 5% who walk out of the casino and come out profitable.
There are multiple ways that we can do this, and luckily for you guys (private subscribers) you will be introduced to all the various techniques.
If you want to be a successful sports bettor, you MUST follow these techniques, or you will be exposing yourself to much more risk that you should be.
NEVER GAMBLE MORE THAN YOU CAN AFFORD TO LOSE. We have witnessed countless heartbreaking scenarios where a bettor could not afford to pay their losses. Don't be this guy. It's embarrassing for yourself and it proves to yourself that you can't manage your emotions.
STICK TO YOUR UNIT SIZES. The entire point of using unit sizes is so you can measure your performance in a consistent fashion. Not only this, but unit sizes also mitigate the uncertainty that sports betting brings. By only risking your unit size, which should be <10% of your bankroll, you can ensure that you can't go broke in one day. Sticking to your unit sizes will make sure this will never happen.
We recommend that 1U = 1-3% of your bankroll.
RARELY LIVE BET, NEVER DOUBLE DOWN, AND NEVER CASH OUT. All of these actions are caused by one thing: fear. People who have over bet will usually sweat through their shirts watching their game, and when it doesn't go their way, they will feel scared. They're scared of losing all the money that they bet, so they want to either salvage their pick by live betting or doubling down, or they cash out to cut their losses and run. All of these actions are because people don't follow unit sizes. If you're risking a small portion of your bankroll on your pick, there should be no reason that you are scared your pick will lose because if you followed the unit sizes, you will have enough money to live to see another day.
DON'T LET YOUR EMOTIONS CONTROL YOUR ACTIONS. Money is important. Would you ever risk losing something so important? The answer should be no. Often, people who lose a bet or two will try to make that money back in the same or following day by placing larger bet sizes, believing that "this time" they're right. What happens is that the house beats them, and they lose their money. They get angrier and angrier, and their emotions become a complex puzzle that can only be solved through more money. This falling spiral of degeneracy is one of the most important things to be cognizant of as a sports bettor. You need to recognize that nothing in this world is a guarantee. Anyone who promises you that is a liar. Being able to take a step back from a losing day, regulating your emotions, and entering the next day clear headed is one of the traits that all my successful bettors share in common. Remember, we're here to make money, not lose it. Rage betting is a path to the latter. Control yourself. Don't let an off day ruin your week. Don't let an off week ruin your month. Of course, since you guys are with us, you only need to worry about risk management and we'll take care of the rest.
REMEMBER THAT WE'RE IN THIS FOR THE LONG HAUL. While it would be awesome to just throw a hundred thousand on a "lock" and win tens of thousands from that bet, it's simply not practical or smart. Making money for one day is easy, but making money consistently over a long period of time is difficult. The whole point of our service is to manage risk as optimally as possible so that we can make as much money as possible—that's why you're here and why you subscribed.
Congrats—you're already smarter than 90% of bettors—ONLY, and ONLY IF you take these tips to heart. If you lightly read through these and don't implement them, then you might have a winning day, maybe even a winning week—but in the long term, you will be a loser.
Stay smart and welcome to the winning team.
Cheers,
Hammer Team