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post #16 of 43 (permalink) Old 09-16-2009, 07:37 PM
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Re: Gambling confession

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Originally Posted by Bolar Bolabi View Post
Can't beat what I did.

At an AFL practice football match one time in Lavington.

I printed off a whole heap of Mickey Mouse pictures. Signed them, then sold them to kids for $10 a piece saying Mickey Mouse signed it. I raised over $500 and was pretty happy with myself.

I would do it again in a heart beat. This time maybe a Miley Cyrus picture. That seems to be the craze at the moment in young people.
maybe lady gaga ?

football and women were always threads of our stories..

Win , Lose or Tie , GAMBLING till I
die !
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post #17 of 43 (permalink) Old 09-17-2009, 11:11 AM
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Re: Gambling confession

Quote:
Originally Posted by Bolar Bolabi View Post
Can't beat what I did.

At an AFL practice football match one time in Lavington.

I printed off a whole heap of Mickey Mouse pictures. Signed them, then sold them to kids for $10 a piece saying Mickey Mouse signed it. I raised over $500 and was pretty happy with myself.

The smart thing about that was that if I sold it to them for more, their parents would ask what they need the money for.

I would do it again in a heart beat. This time maybe a Miley Cyrus picture. That seems to be the craze at the moment in young people.
and now you are selling pubes to us..you evil mastermind

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post #18 of 43 (permalink) Old 05-21-2010, 12:34 PM
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Re: Gambling confession

I have never gambled in life ,but will try my luck here once as it is illegal here.so dangerous also.and hope you recover your money Sir.Best of luck.
Regards Abrahim
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post #19 of 43 (permalink) Old 08-28-2010, 02:41 AM
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Re: Gambling confession

I agree with Ryan, if you play and you always in winning streak your mindset is always there, your always tempted to play because of easy money not thinking the side effect if you are addicted on gambling.
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post #20 of 43 (permalink) Old 07-22-2012, 10:54 PM
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Re: Gambling confession

My first year was 2008. I made a thousand dollars on college football
My second year was 2009. I made two thousand dollars on college football.
My third year was 2010. I made five thousand dollars on college football.
My fourth year was 2011: I lost seven thousand dollars on college football (two saturdays in particular just killed me).
I first started dabbling in tennis in early 2012, and I'm up fifteen hundred dollars. My goal is to get up five hundred more before college football season starts.
I plan on making seven thousand dollars for the 2012 college football season.
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post #21 of 43 (permalink) Old 08-09-2013, 05:20 AM
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Re: Gambling confession

I've just started betting. I don't chase losses--if i lose then so be it. I don't risk big money in the first place and tend to go for the safer picks, games, teams and players i know. so, i place a limit on myself. i set aside money for leisure and i don't take it as a way to earn more.
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post #22 of 43 (permalink) Old 02-04-2014, 08:16 AM
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Re: Gambling confession

Copy-pasting this confession from a gambler in another forum:

"Hi guys in the Gambling Forum. C****** here doing something I need to do for my own peace of mind and that of my partner. I had a bit of a wake-up call yesterday when my gf sent me a message saying we had to talk. I initially thought it was something of nothing and I opened an AH thread having a laugh about the whole thing.

In fact it was something very serious, my gambling. You who have been here a lot have seen that I am on every day, gambling every day and for the most part losing every day. I have had some wins and have got smarter but realistically I am losing more than I win. I never put large amounts in my account but that is not to say I have not lost big. I might only lodge €20 but eg one day I made €200 and lost the whole lot on two bets. I spent more than I should and I even ended up borrowing from a moneylender to make up the losses.

So I made a promise to a girl, a real lady that I am lucky to have. I told her I would stop. But I kept one account and lodged in the shop so it wouldn't show on the bank statement. I got caught. And now I not alone broke a promise but I hurt this girl by lying, sneaking around and putting everything else first instead of her. I really didn't think i had a problem but if I was willing to hurt the best thing that ever happened to me for the sake of predicting a few goals in a match then yeah I have a problem.

So bottom line is i gotta do what I can to keep this girl and protect myself. I closed down my accounts and I am having myself banned from this forum. I just wanted to come on and say to you that I have enjoyed the camaraderie here and the banter but at a cost maybe too high and not just financial.

I know most of you are betting small amounts for the fun and can do that but I just want to warn any of you who feel it is beginning to consume more of your cash and your time than it should that maybe it is becoming a problem for you too."

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post #23 of 43 (permalink) Old 02-17-2014, 05:20 PM
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Re: Gambling confession

That is why you gotta keep track of your bets in excel, never fool yourself and stop if your not a winning player.
I've won 4 years in a row, no reason for me to stop.
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post #24 of 43 (permalink) Old 05-06-2014, 08:45 PM
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Re: Gambling confession

Ive built my life thanks to betting. Started with pennies years ago on this forum. It has been my work for 3 years now. I have my own house and other stuff like that, you know...

There are stories like that, and I had mine, fortunately.

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post #25 of 43 (permalink) Old 07-15-2014, 05:25 AM
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Re: Gambling confession

I don't believe anyone can profit on gambling in the long run. Lets face it folks, the house always wins in the end!
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post #26 of 43 (permalink) Old 07-15-2014, 06:31 AM
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Re: Gambling confession

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I don't believe anyone can profit on gambling in the long run. Lets face it folks, the house always wins in the end!
You can discuss that with the gamblers who's got a career plus from betting after being active for many years. I know a couple of them (I am not one myself).

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post #27 of 43 (permalink) Old 07-15-2014, 10:23 AM
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Re: Gambling confession

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You can discuss that with the gamblers who's got a career plus from betting after being active for many years. I know a couple of them (I am not one myself).
I've heard those stories but I don't believe them. Unless you are a bookie or working on the other side, it's hard to fathom.
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post #28 of 43 (permalink) Old 07-18-2014, 02:05 PM
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Re: Gambling confession

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I don't believe anyone can profit on gambling in the long run. Lets face it folks, the house always wins in the end!
Of course you can, just have to be good at it and have right mentality.
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post #29 of 43 (permalink) Old 07-19-2014, 12:13 PM
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Re: Gambling confession

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I don't believe anyone can profit on gambling in the long run. Lets face it folks, the house always wins in the end!
Conceive of it like this: bookies make prices roughly corresponding to estimated likelihoods of the outcomes. To make money, a gambler has to repeatedly spot the occasions when this estimate is inaccurate, where betting will result in a profitable outcome (on average). This is usually called "value betting".


The "house wins in the end"? Mostly yes, because of a number of reasons:

1) 99.9% of gamblers are merely trying to "predict" who will win, which is of course impossible unless you're psychic.

2) Almost all books ban anyone betting value, or limit their maximum bet to near zero amounts. William Hill, Ladbrokes, Bet365, etc etc - none of these will tolerate what they call "non-recreational gamblers", because they know these are unprofitable customers.

3) Of those who can spot value, most also bet far too large, a critical error which will bankrupt anyone. There's a simple mathematical proof for this, but basically: the bad runs of results kill the over-staker, while the more conservative staker lives to fight again.
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post #30 of 43 (permalink) Old 07-23-2014, 02:01 PM
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Re: Gambling confession

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Originally Posted by philosophicalarf View Post
Conceive of it like this: bookies make prices roughly corresponding to estimated likelihoods of the outcomes. To make money, a gambler has to repeatedly spot the occasions when this estimate is inaccurate, where betting will result in a profitable outcome (on average). This is usually called "value betting".


The "house wins in the end"? Mostly yes, because of a number of reasons:

1) 99.9% of gamblers are merely trying to "predict" who will win, which is of course impossible unless you're psychic.

2) Almost all books ban anyone betting value, or limit their maximum bet to near zero amounts. William Hill, Ladbrokes, Bet365, etc etc - none of these will tolerate what they call "non-recreational gamblers", because they know these are unprofitable customers.

3) Of those who can spot value, most also bet far too large, a critical error which will bankrupt anyone. There's a simple mathematical proof for this, but basically: the bad runs of results kill the over-staker, while the more conservative staker lives to fight again.
I agree. But I think there's a simple way to not be flagged as "non-recreational gambler", I don't know how things go in other countries but here, in Spain, we have on ground betting agencies and I didn't heard any story about someone getting banned there. The downside of these agencies is that they have winning limits to around 10 000 euro but for me is more than enough, as for the stake limit I think you can easily place more than 100 euro on one bet.

Also about predicting who will win, there are 2 types of bettors: one is the bettor who place the bet by instinct and other type that is doing his/her homework, checks stats and don't try to get rich by just placing one bet. With a good money management I think is possible to keep a good balance and obtain some reasonable profit from betting.
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