Taruhan Bola, who was
born in Pakistan, is one of the few young men to have broken the mould of being
a professional football player. He is now one of the most well-known and
well-respected businessmen in the country. His business interests span several
areas and are focused on real estate, commercial and investment property
management.
His involvement in the
football betting industry has caused him to meet many investors, including the
world's largest bookmakers and betting companies. The challenges that he faces
on a daily basis and the reasons for his success in the betting industry, has
given him a unique perspective on how he can further develop the betting
industry.
It has been proven that
majority of investors lack expertise when it comes to making a market investment
decision. Most of them rely on the information that they get from the media.
However, there are instances when information given by the media is false or
exaggerated.
Bola had a huge amount
of information to choose from, including professional and player information.
With this information he could make better decisions and even pick the right
players for his team. Even though he used a team database from Betfair, but the
database does not include every single player.
Bola had other concerns
as well. First, his team did not have the resources to pay off their players
and second, he could not afford to lose his reputation. This is why he decided
to buy himself out of his contract with the Pohang Steelers.
He had other concerns
as well. He wanted to know how much the trading system was, if it was realistic
or not. The first question he asked himself was: would the system perform well
if I fail to win more than 50% of my bets?
Once he answered that
question, he could start testing the market and wouldn't need to worry about
losing money. One of the risks of trading in sports is that you may be betting
on teams that are no longer playing. These days it is very difficult to find
true professionals who are always willing to put their money on winning teams.
Bola even had another
concern that is very important for any person who bets on sports. He wanted to
know if the bookies in South Korea were credible, so he started investigating
different bookies that offer winning odds.
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