Filtering Information
Spend time at any casino, pub or track long enough and you will be able to hear just about anything from anybody. You will often hear poker players remark about their favourite cards doing it again or maybe a particular suit that just keeps on flushing. It is important to filter the information that you can hear since there can only be roughly 10% that are winners. If every piece of information that you heard was from a winning gambler, then casinos would either have to close or everybody will be rich.
Make sure you look for the type of person who is offering the information. How long have they been gambling for? Do they look like they spend time analysing their own game or continually finding new methods to improve their own gambling techniques? Look for other signals like whether they are recording their wins and losses in a notebook or whether they are displaying any signs of emotions. No signs of emotions means that they have done it all before and have seen the biggest wins and biggest losses.
At the track, look for somebody who actually is holding a form guide and comparing odds between different book makers. The person in the shiny suit that just takes large bundles of cash and puts it on the one horse is more than likely a high roller who likes to splash the money around, it is best not to follow that person’s bet and follow the guy with the form guide and which horses’ he might be placing the bets on.
Careful analysis of the information that floats around about gambling is necessary and part of any gambler’s development. There will be some good points of information that will turn a profit, but remember that very few of them will turn to gold.
