Basics revised: Key to long-term success.

As a betting manager my endeavor is to try and achieve healthy
returns. Certain phases of a season, and certain seasons
won't be as profitable as others-that is just the nature of the
beast I'm dealing with. However, through any period of an
investment cycle, it's important not to lose track of the basics.

This in-cludes the following:

* Never chase losses
* Never bet more than you can afford to lose
* Stay disciplined
* Value should be your only consideration
* Focus on the long-term
* Don't increase stakes abruptly 

Sports investment is a good tool as an alternative form of
investment or a fun way to make a little extra money. Please
don't treat it as a way of achieving riches overnight. As a
famous economist once put it, there are no free lunches out