When you are putting a little wager on a game and the game begins – The pool for that particular wager is set.

The size of the pool will be divided up among the bookmaker and winners  – Bookmakers get 5-10% and 90-95% to the winners.

The cost of betting is really high – here is a comparison to think about:

Scenario 1:

• You place a hypothetical $1000 bet
• The fee is -110 or 10%
• So you pay $100 in fees or $1100 to place the bet before the game

Scenario 2:

• You place a hypothetical $1000 stock trade
• The fee or commision is $5 at a discount brokerage

So the fees for a bet versus stock trade are about 20 times higher – that’s a lot.

The only way you can get more of the pie is to play less in fees.

You need to diversify the games you play in order to take your effective expenses down.

Here are a couple of ways to think about to lower your expenses:

• Free-2-Play Games
• Pools with your friends – Everyone throws in $20
• Free rolls from bookmakers

By diversifying your expenses and playing in other games that are free or no fee – you will keep more of your hard earned money and effectively – “up your income.”