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Set up Yourself to Protect Your Gambling Profits : Even if you Aren’t an Accountant

I want to start with suggesting a quick story that highlights why organisation is so useful. About 12 month ago I was taking advantage of a lot of sports wagering free mahadewa88 offers in quick succession. I had probably six in less than 2 weeks. It was great, the money was serving in £25 here £50 there.

I was pretty new to online betting in those days and didn’t really like keeping records of what I was doing. I recently went from offer to another and looked in on my bank account from time to time to make sure it was steadily increasing. Organisation and record keeping are for accountants : well that’s what I thought then.

A few months later I happened to log into a bookie account that we had forgotten that we had opted to. It proved that we had placed £50 there and just did not remember about it. Although £50 doesn’t sound like much money if i had done this several times a day it could have developed to a substantial amount.

I went and checked back through my emails and tried different sites that we may have already joined up to. I found another £75 in profits that we had forgotten to withdraw from 4 months previously. There may have been more out there I really don’t know.

But that was enough money almost lost to make me reexamine my attitude towards keeping records. Now I keep track of the date I join a website, the name of the site, the amount placed, the odds attached and laid (if I am matched betting), the internet profit and the details of any cashback I have received.

One good thing about this is that we had never considered before is that occasionally the bookie can make an error in your payout. I had never even checked before I started keeping records of my transactions. It also guarantees you will remember a deposit that you have made and any cashback due to you can be chased up if it is not granted.

It is so simple to make a spreadsheet in shine or whatever package you use. Keeping it up to date is easy too : just get into the habit of recording the information as soon as you have made a bet or joined a new site. It soon becomes a habit that you will be glad you put into practice.

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