The goal is to help you, beginner or those who are still crawling in the market, to have a wider range of their knowledge. And for you, there will also be special and more advanced content.
Build your bankroll
As everything in life, it is necessary to have control of what you earn and what you spend. The “bankroll” is your money, that is, all the money you will use to invest. There are many ways to manage your bankroll, and of course, it will depend on your profile as an investor and also the degree of study and knowledge you have about the market and the clubs.
The main thing is to know that you have to make that decision and define how much you are willing to invest in betting. Then, is to know that it can happen to double that value or simply lose everything. And “breaking the bank” is the main factor that leads many bettors to abandon the boat before their time. Bankroll is not a “bank” where you can withdraw your money every two days. Know that this amount is your investment, and it needs to be taken care of.
Emotional control
We all love football and know its unpredictability. When it comes time for you to become an investor, you need to put aside your inner fan. Passion cannot dominate your decisions and much less dominate your reactions when things go wrong.
You will lose money. You will even break your bankroll, probably more than once, taking you into a negative loop. In order for this not to happen, know that you need to be as rational as possible when investing and following the games. Study and trust your strategies. And, above all, dominate your passionate fan. He only gets in the way.
Study the teams and the players
As soon as the championships return, we will continue to provide you with the best tips on the teams and their statistics. But of course, we don’t cover all markets, sports and investment possibilities.
Since you are a passionate footballer, go deeper, watch a lot of games, study tactics, scouts, statistics. Make comparisons, understand how the game changes as a visitor and as a host, how each player influences a match, the ideas of the coaches. Finally, try to become an analyst to know the characters that will make your investments pay off.
Build your strategies
Later I will make a specific post about strategies. They are essential for you to make a good bankroll management and keep your emotional control in your favour. Basically, it is to think long-term and visualize the path of clubs and markets that may be interesting for you.
You know in chess when you sacrifice an important piece in favour of making a deadly attack move against your opponent? That is being strategic. And in betting it is no different: you need to know that you will lose before winning, and that there is no perfect plan. The point is to know how to organize and plan your games, markets and investments within your reality. That is strategy.
Understand the language
Whenever we enter a new world of knowledge, we find a universe of words, expressions and symbols which are new to us. A new language. Studying and understanding the meaning of this language is a fundamental step to do your bankroll management, keep emotional control, study the teams and build good strategies.
We will bring more specific posts here about the meanings of this language, but go ahead, research, study and become familiar with all the concepts and words. Most of them are in English, so if you have some difficulty with the language, I also suggest using a translator to give you a hand in understanding.
With these five points you can start making your investments and, in a little while, as you master your actions and deepen your knowledge on the subject, you can become a professional Punter or Trader and get an important income or even, as many friends already do, live only from it.
Stay tuned here at Goal and we will keep on delivering material about betting. And remember: stay at home, keep your distance and wash your hands. Everything will be alright.
