Rugby Supporters Manage Finances Better Than Football Fans

Rugby followers could be more astute at handling their finances than their football-supporting peers, new research reveals.

With the England rugby team beginning their defence of the world cup in France and the national football squad preparing for a Euro 2008 qualifier with Israel this weekend, a study carried out by Callcredit suggests that the former may be better at managing their money. Suggesting that stereotypes might be true, the credit reference agency pointed out that the typecast of the middle-class rugby fan is able to fund going to matches more adequately than working-class football followers. In turn, it was reported that those watching rugby are less likely to run up debts on loans and credit cards to support their team.

Commenting on the study, Owen Roberts, head of MyCallcredit, said: “From our research we’ve seen that 77 per cent of rugby fans are homeowners, whereas only 20 per cent of the football fans have managed to get their foot on the property ladder. We also found that rugby fans are less likely to get into debt funding their habit than footie fans.”

“Getting behind the national team, be it rugby or football, is an exciting experience for many of us. But with few of us on similar salaries to our sporting heroes, we all need to consider the financial implications of our sporting passions,” Mr Roberts added.

Pointing to a Mintel survey, the credit reference company reported that football supporters “are in danger of seriously damaging their finances in pursuit of the beautiful game”. According to the figures, some fans can spend thousands of pounds just to follow their team, which in turn could well affect their ability to service other areas of their finances such as overdrafts, mortgages and loans.

Meanwhile, Callcredit also pointed to Tom Cherrill, a 25-year-old from South London, as an example of the financial pressures football fanatics may be placing on themselves. He said: “I guess I’ve spent thousands of pounds supporting Newcastle United over the years and try to get to as many games as possible. I’ve never had to add it all up before though, but with the train fares, hotels and nights out taken into account, it’s shocking that it makes up such a massive chunk of my outgoings.”

Whatever sport they follow, those concerned about the level of debts run up by supporting their team, in addition to other constraints on their monthly outgoings such as home loans and credit cards, may wish to take out a debt consolidation loan. Earlier this year, David Kuo, head of personal finance for the Motley Fool, claimed that opting for such a low-rate loan can act as a “welcome lifeline” for those consumers who find themselves in serious financial difficulties. However, with research from the financial services provider showing that about three out of five debt consolidation consumers borrow more money in the future, Mr Kuo urged Britons to plan their finances properly and avoid the temptation of getting into the red again.

How to Bet on Motor Sports – Everything You Need to Know

Have you ever wondered how to bet on motor sports? Well, there are a few important things to keep in mind when betting on this motor sport, especially online. Whether you are a veteran, a beginner or just a motor sport betting enthusiast, you must know the basics of the motor sport itself before engaging on online betting on such sport. First, you must know the motor sport that you wish to bet on whether it is the NASCAR or the F1. Choose which out of these two motor sports that suit your individual tastes and preferences. Make it a point to know about the basic as well as the advanced rules in of the sport. In fact, it is a plus if you are practicing the sport itself as it will be easier to place your bet if you have actually racing experience.

Second, keep in mind that you are betting for fun and not because of addiction. Online motor sport betting is fun and enjoyable only if you have the necessary finances to utilize on it. If you do not have enough money, then do not force yourself to place a bet. If you have money but it is not enough, then try to bet on lower priced bets first and then try to make your money grow. If you are having serious problem about your finances and still you bet your remaining money, then you may have a serious addiction to online motor sports betting and as such you need to consult psychologists in order to get help.

Third, you must know every top racer, the famous racers and the not so famous ones with regard to the motor sport you are betting on. Gather enough information through the radio, the internet and the television. Remember to do your homework and research on each of them in order to get a complete overview of which of the racers have higher talent and capability that the others. All of these data and information are necessary in order to predict a more successful winner. Do not solely depend on luck as it will result in losing you losing money, and in big or huge amounts. Predictions, although not 100 percent accurate, can serve as basis in order for you to make the right bet to the racer that has a higher probability of winning a race.

There are two ways of making predictions in this kind of online motor sport betting. First is the historical record prediction. All you have to do is get the past records of the racers participating in the grand prix. Then you can compare their individual results in order to see the racer that has a higher chance of winning the race against the others. This is vital information that can make you win loads of cash. The second way is to fairly elaborate each racer that is taking part in the grand prix. Analyze the statistics including test races, lap times and sector times of each racer. Motor sport betting fanatics would even go as far as post race interviews in order to gather enough data and information about the racer. Once you have all of this detailed information, you are now better equipped in making a prediction with the high probability of you winning in the process.