Only bet with money that you can afford to lose.

This is vital; you should always go into a new betting venture assuming that you will lose your bank (although this is incredibly unlikely with Place Profits and its 80% strike rate.)

This is not a get rich scheme.

Although the historical results show that you should make profits of about three times your bank every year, the rewards come slowly.

There will be losing months.

Take them in your stride.

Identify your strategy.

Decide whether you want to build your bank, take out profits every month or both.

Don’t be scared to adjust your strategy.

If you are taking a percentage of your monthly profits and leaving the remainder to grow your bank, don’t be scared to adjust your take out percentage once you’ve grown your bank to a decent level.