If there is one common failing amongst punters it’s the belief that since they bet, whether as a leisure activity or on semi-professional basis, they have some limitless knowledge on all matters relating to the topic.

A guy who backs on horseracing thinks he can spot the best soccer bet or perhaps a backer who studies the tennis form all day presumes he could make cash on the NFL also.

But you would not expect your plumber to be able to fix your bathtub and your TV set at the exact same time… will you?

Betting is about having an advantage – one advantage over your fellow players, the bookies, the house, whoever you are trying to win money from. You might have a specialised ability in one place of betting (an ability which helps you make money) but you are most unlikely to have such a clear advantage in most the others also.

And it’s much better to make money in just one area – horseracing, golf, poker – than to make it initially in that one area and after that go lose half of it by placing bets on several other sports you know little, or nothing, about.

Even within one sport you can find further sub-levels of know-how. Take the example of horseracing. You’ll find people who concentrate solely on turf racing or races on the dirt, sprints or middle-distances, steeplechases or hurdles, handicaps or maidens, UK, American or Irish racing… the list goes on.

If you decide to narrow your field of betting, boost your level of understanding and know click here for more info than your respective opponent on that one particular subject, that’s the way to earn money. It’s going to certainly enhance your returns.

This is what you need to do. And if you have not got that sort of information readily to hand then seek out those sources which provide such tailored advice. Learn from that and after that see what may be achieved.