Betfair Wizard Review

Is Betfair Wizard another scam betting system? The owner of this guide has claimed that he can consistently make money on Betfair with the methods that he has discovered and is using right now. As you probably already know by now, more than 95% of all punters on Betfair are unable to make money over the long term even though they may profit for a few days or even weeks. Eventually, they get wiped out by their own fear and greed, and most of the time, by a poor selection or staking system.

1. What Is The Betfair Wizard All About, and What Have I Learned From It?

This is a British horse betting strategy that is anchored by logical concepts which analyzes the main factors which greatly affect whether horses can perform to expectations in their races. Inside the guide, there are step by step rules which act as filters to identify the best selections according to the selection system. During its beta testing period when I back tracked and looked at past results, it is clear that this system has solid foundations. So far, it has been increasing my betting bank consistently using small stakes that limit draw-down.

2. How Do You Know That Betfair Wizard Is Not Just Another Scam?

Whenever you find a betting guide or system that you are interested in, you should ensure that you first check its performance and not get too absorbed into whatever rag to riches stories they tell you about on their websites. If you do decide to learn and apply the steps, do start with small stakes to get a feel of it and just in case the system is a dud.

If possible, I would recommend paper testing it first. It is also important to look at results of a longer time frame of at least a few weeks to accurately determine if the method is worth using. Useless betting guides will continue to be released every day, so make sure that you test them first before committing too much real money.

Four Reasons Why Small Businesses Fail to Grow

Running a small business requires superior problem- solving and an ability to look at the bigger picture. Aside from ensuring that your business turns a profit on a regular basis, you also need to be concerned with your own financial health over the long-term. That includes having a strategy in place for building wealth, so you can enjoy a comfortable retirement once the time comes to hand over the reins of your business to someone else. As an entrepreneur, there are certain hurdles you should be prepared for that can hinder your ability to create wealth. (For a detailed rundown, see? Investigator’s tutorial Starting a Small Business.) Here are four important challenges small business owners face.

1. Too Much Business Debt

Getting a small business off the ground typically requires a certain amount of cash. Taking out a term loan from a bank or a Small Business Administration (SBA) loan may be the answer, if you don’t have sizable savings you can tap into. With a 7 SBA loan, for example, it’s possible to borrow up to $5 million to establish a new business.

Even if you don’t need a loan to get started, that doesn’t mean your business will – or should remain debt-free. For instance, you may decide to open a business credit card to earn rewards on day-to-day expenses or take a merchant cash advance to help cover your cash flow during slower periods. Or you may want to borrow to expand, especially if the business is doing well. While credit cards, advances and loans can be invaluable to keeping the business running, their convenience comes at a cost.

If a substantial part of your business’ revenue is going toward repaying its debts, that leaves less income to devote to growth. It also leaves you, as the business owner, less money to funnel into a solo 401(k), SEP IRA or similar qualified retirement plan to ensure your own future. While the interest on a small business loan, the payments themselves are not. Paying down your business debts allows you to redirect funds toward your retirement or a taxable brokerage account instead.

2. An Inefficient Tax Strategy

As a small business owner, filing and paying taxes may be one of the most unpleasant tasks on your to-do list, but it’s a necessity. If you’re not taking advantage of every available tax break, your wealth without even realizing it. There are a number of tax credits deductions that you can claim on your business or personal tax return? An expense must be deemed both ordinary and necessary. This means the expense must be something that’s commonly associated with the type of business you own and directly connected to its operation.

When you don’t take the time to maximize every possible tax advantage, the result is an overly large tax payment. Hiring an accountant to manage your filing may increase your business expenses slightly, but it can also help to minimize your tax liability. In terms of building wealth, the long-term benefit can easily outweigh the cost.

3. Lack of Diversification

Being a business owner requires a certain amount of juggling, and you simply may not have time to pay as much attention to your investments as you’d like. The size of your assets affects your overall financial standing, including how banks see you, especially if you’re a sole proprietor. Investing in mutual funds or exchange-traded funds, eliminates the hassle of trying to put together a well-rounded portfolio, but it can be problematic if the funds you’re purchasing hold the same underlying securities.

Business owners can also run into issues if they’re not rebalancing periodically. This is vital to ensure that you’re maintaining the right asset allocation, based on your investment goals and risk tolerance. If you don’t rebalance regularly, you could end up with a portfolio that’s either too aggressive or too conservative. At one end of the scale, you run the risk of losing money by gambling too heavily on stocks. On the opposite side of the spectrum, you risk limiting your earnings potential if you’re playing it safe with an abundance of bonds. Either way you’re putting your future returns in jeopardy by not paying attention to the level of diversification in your portfolio.

4. External Risks

Aside from managing market risk, you also need to be cautious about insulating yourself and your business from threats that may arise in other areas. For instance, what would happen to the business if you were to become ill and could no longer oversee its operation? How would your business and personal assets be protected if your business became the target of a lawsuit? What would you do if your business was damaged by a hurricane or other natural disaster?

These are the kinds of questions small business owners must consider, because although such scenarios may seem unlikely, they can have a substantial impact on how you grow wealth. Choosing the appropriate business structure is an important step in minimizing liability, but you should also be proactive in reviewing your business and personal insurance coverage to ensure that you’re protected against every possibility.

5 Steps to Be More Successful With Sports Betting

Sports betting shouldn’t be seen as a get-rich-quick scheme. However, with the right strategies and patience, there is the chance to make a decent return on the initial investment. Here are five steps that can help to be more successful with sports betting:

Find value

The ability to be successful with sports betting involves several factors. A major component is the ability to find value in a potential bet. This means searching for the bets with odds that seem too high and capitalizing on those opportunities. Check the bets on every match day and look out for the undervalued teams.

Money management

The ability to manage the bankroll is a major issue for anyone looking to achieve long-term success in this area. A simple strategy to avoid going bankrupt is to limit the maximum stake per bet to 1-2% of the total bankroll. By using this limited stake plan and betting on the value bets, there is the possibility of growing the income for the future.

Have patience

Betting should be seen as another form of investment that is successful over the long-term, and not the short. While the bankroll may seem to be growing slowly initially, this will gradually change when able to comfortably increase the stake for each bet. Betting involves a lot of winning streaks, losing streaks and other swings, so it is important to be consistent with the betting approach and avoid the temptation to stake a large percentage of the bankroll on a single bet in the hope of making it big in a much shorter time-frame.

Use the right sportsbook

Signing up to the best sportsbooks is certain to help become successful. Not all sportsbooks are very accommodating to the more successful players, so it is important to find one that won’t limit or even close the account after a few winning runs. However, there are plenty of good sportsbooks to use and it is simply a case of researching the available options and using those with a solid reputation and offers the type of bets that interest you.

Follow the experts

Many people find it difficult to identify the best or most valuable bets by themselves, and will simply prefer to use the services of one of the many successful tipster services. They can be very useful to compliment the betting action. There are plenty of tipsters offering a wide range of services. It is practical to trial the services for a short period with low stakes to understand the success rate before investing any real money on the tips offered.

Be Observant – A Poker Player’s Foundation

The number one important thing in poker besides skill boils down to how focused you as a player are at the table

and the level of your concentration. You could have superior psychological skills then anyone else at the table

and yet they are rendered useless if you are not paying attention.

Top reasons you will be distracted at a poker game:

1. Table Chat

2. Attractive dealer/player

3. Too much to drink

4. Something on your mind

We already know from the opening paragraph that concentration is vital to being a winning poker player. After

all, you need to know how each player treats different hands, whether they are tight or loose, passive or aggressive.

Now we will deal with the reasons you can be distracted individually. First is table chat… this can easily be

avoided – simply do not talk with others unless it is specifically increasing your knowledge of them for this game.

The second reason, if you are paying attention too much to a good looking player or dealer then stop and go back to concentrating on

your game. If not, then take a break and go introduce yourself!

The third reason is easily avoided, don’t drink too

much as it would mess up your game, know your limits. And the final reason , if you have a family or personal crisis

on your mind, worried about anything, you should not be playing in the poker game at all.

You may use this article as long as you do not change any content including this paragraph linking to BigTourneys.com and provide it free of charge to whomever wants it.