good_gambler
01-26-2010, 07:52 AM
Would like to hear how people do, that is all.
Thanks. :wavey:
Thanks. :wavey:
Do you Actually Win Anythinggood_gambler 01-26-2010, 07:52 AM Would like to hear how people do, that is all. Thanks. :wavey: danielj 01-26-2010, 08:06 AM Im down over the last 4 - 5 years, not by a massive amount, im comfortable with the figure. Tennis betting can be profitable with a decent bank and a good staking system, no doubt about that. I dont have the money or the patience to employ these things though, i tend to bet on a match to match basis which doesnt really work in the long run. My only profitable sport is the horses really but that is easily wiped out by one or two bad days, not uncommon to have 5 or 6 losers in a row. In my opinion the only way to really make money is to place as few bets as possible with high stakes, long term betting usually only results in one person winning and it sure as hell ain't the punter. Iván 01-26-2010, 11:50 AM if you can nail one really big pay out a year then you can bt the bookies. trust give you more scope to work with. Bleeth 01-29-2010, 11:18 AM The biggest question IMO is does the size of your bank along with your betting system allow you to earn spending money right away. I've been betting online for just over 2 years and although i've made a profit it doesn't really mean anything cause i've just increased my bank (which by the way along with my cautious betting system won't allow me to make spending money for a long time even if everything goes as planed). Having to build a bank 1st does in my experience increase the chance of failure cause you're in a hurry to reach the bank that will allow you to start making some spending money (isn't that what betting should be about) so you'll probably make some bets that you wouldn't otherwise. Iván 01-29-2010, 12:02 PM if you have say 10k in your account and you only bet singles, profit can be made shmeeko69 01-29-2010, 01:22 PM I have been betting for about four or so years... and well, I have won fat fark all. I've lost quite a bit in actual fact. I don't bet constantly, just on/off at an event or sport I feel comfortable with but nothing has been successful. I have had a couple times where I won big but the losses far and away outweigh the wins. I am at the stage where I think that no good can come from betting on sport. :lol: (which btw is the only time I gamble) Has anyone actually made any coin?? No bullshit, just the straight up truth, how many are actually in the blue? I don't expect any monetry figures, percentages if you feel? Would like to hear how people do, that is all. Thanks. :wavey: The reason why you probably don't make a profit is not because your unlucky, more than likely to be bad disipline. Does any of the following apply to you - 1. Follow the crowd 2. Tipster bets 3. Non value bet If you don't have a strict plan which over time, will give you an edge & produce a long term profit, then you will lose money it's inevitable. I mainly bet on horse racing, tennis & snooker which are area's I'm comfortable with & risk only 3% of my betting bank for back & e/way bets on odds of 2.0/evens or over & 5% of my bank risked for lays between 1.7 & 4.5. If you don't have a plan, then you don't have rules & therefore no discipline & you no what happens, the market will come back & bite you on the backside. I lost money for the first two years & it's only in the last year & now make a steady & comfortable profit, mainly from horse racing. Bets of luck bad gambler, maybe you can change name in the future to good bettor. Mark :worship: Bilbo 01-29-2010, 03:30 PM I don't bet constantly, just on/off at an event or sport I feel comfortable with but nothing has been successful. I have had a couple times where I won big but the losses far and away outweigh the wins. That's the main point. If you don't follow the sport consistently you'll have a hard time making money. I know some people who just pop up once in a while here and don't bet during their off times. This is not enough imo. ryan23 01-29-2010, 03:41 PM Not true Bilbo, you follow this sport 24/7, and on more than one occasion youve lost your bank ryan23 01-29-2010, 03:42 PM if you have say 10k in your account and you only bet singles, profit can be made You mean like you and I :D Bilbo 01-29-2010, 03:44 PM Not true Bilbo, you follow this sport 24/7, and on more than one occasion youve lost your bank obviously when you go all in but following the sport daily is the base imo. talking about the money system is another question ryan23 01-29-2010, 03:49 PM Having live pictures is the big bonus, you cant follow a scoreboard and see if a guy is playing good or bad and stats dont always tell the complete truth ryan23 01-29-2010, 03:49 PM obviously when you go all in but following the sport daily is the base imo. talking about the money system is another question One of the big rules in gambling is to never go all in, you should know that Bilbo 01-29-2010, 03:56 PM Having live pictures is the big bonus, you cant follow a scoreboard and see if a guy is playing good or bad and stats dont always tell the complete truth live pictures are a good bonus and you need them from time to time but you can also do fine living without them for a couple of weeks or even months. it just gets problematic when new players enter the draw and you've never seen them. shmeeko69 01-29-2010, 04:40 PM You can be the biggest expert in your field, but if you don't have discipline, then you will not produce a long term profit - FACT. Mark :confused: ryan23 01-29-2010, 05:17 PM You can be the biggest expert in your field, but if you don't have discipline, then you will not produce a long term profit - FACT. Mark :confused: Yep sot on KaiserT 01-30-2010, 07:11 PM For the last 18 months I've made a good living betting on tennis :lol: So it can be done ;) delboy 01-31-2010, 12:22 AM yeah discipline is the thing. i had never done a bet in my life but went from 500ish pounds to 17k in less than 6 months..then i bet massive on stupid shit i didnt even watch and ended up losing it all...5k on a womans darts final...5k on murphy tb ding..both lost and a few others when nothing came in. this was a few years ago and it is depressing to know how much i could of had if i wasnt an idiot...i know when to quit and have quit apart from the odd small bet at the wkend but it is gutting to know what i once had and not being able to get over it :sad: pablo2k1 01-31-2010, 12:52 AM obviously when you go all in but following the sport daily is the base imo. talking about the money system is another question Good summary mate shmeeko69 02-02-2010, 02:30 PM yeah discipline is the thing. i had never done a bet in my life but went from 500ish pounds to 17k in less than 6 months..then i bet massive on stupid shit i didnt even watch and ended up losing it all...5k on a womans darts final...5k on murphy tb ding..both lost and a few others when nothing came in. this was a few years ago and it is depressing to know how much i could of had if i wasnt an idiot...i know when to quit and have quit apart from the odd small bet at the wkend but it is gutting to know what i once had and not being able to get over it :sad: Hi Delboy - If you went from .5k to £17k in six months, then should have have continued to follow the methods that got you that incredible amount. I know it's boring but if you don't have financial discipline, then it's inevitable that you will lose money in the long run. Think about it, if you could have compounded that £17k & done the same things at the beginning, then would be getting into the serious amounts of money - approximately £650k. Unfortunately money does things to people that you can't describe, but without a strict system in place, then the market will rear it's ugly head & empty your wallet. Mark :sad: Mistaflava 02-03-2010, 07:35 PM You can be the biggest expert in your field, but if you don't have discipline, then you will not produce a long term profit - FACT. Mark :confused: grow some balls nastoff 02-05-2010, 02:21 AM if you can nail one really big pay out a year then you can bt the bookies. trust give you more scope to work with. true, just try to fix a match and then play with the spoils. No, gambling is an addiction and does not pay, if it was so easy to maintain your discipline punters would make money and not the bookies. You can be the best tipster in the world, have 10 fantastic calls in a row, just one bad call will ruin everything. ryan23 02-05-2010, 02:37 AM I understand you need diciplince- offcourse you do in many areas of life- but were all adults and have the intelligence to know what you can and cannot afford to bet If i couldnt afford to do it i wouldnt- if i felt my gambling was costing me to much or i was going without things in life i would stop, its all good fun KaiserT 02-05-2010, 04:36 AM true, just try to fix a match and then play with the spoils. No, gambling is an addiction and does not pay, if it was so easy to maintain your discipline punters would make money and not the bookies. You can be the best tipster in the world, have 10 fantastic calls in a row, just one bad call will ruin everything. That's if you overstake. If you are knowledgeable about tennis, players, odds, do research, and have a natural affinity for betting then putting it in a framework of sensible staking means you can profit long-term. 10k bank (for example) bets between 1-6% of bank. If you are good, and don't start chasing then you can win long term. It is not in doubt. ryan23 02-05-2010, 03:38 PM Yes i dont see how one bad call can ruin everything, a losing streak then sure, but if you have dicipline then you can afford to lose bets, nobody can win 90-100 percent of the time on each bet Doggie Dude 02-13-2010, 01:12 AM I've won a bit but my sportsbetting is still in it's infancy. I have now cracked tennis betting having made a small profit over the past year. If you have a system which finds value in the bets and you can manage money then you have given yourself a chance. If you just look at a tiny bit of form like my team won last week so they should win again or I'll have a fiver on the favourite then you are doomed to failure. I mean the bookies have been doing this for years it's gotta be tough to beat them right? If I didn't win I would quit straight away no way I would go to work and hand my hard won cash to a bookie! Ibracadabra 02-13-2010, 02:18 AM Big wins shadow the loses during the week month. Sometimes i dont even like looking at my cashflow ;) its.like.that 02-18-2010, 03:33 PM To the victor, belongs the spoils.. gusavo 03-16-2010, 02:01 AM If you have a system which finds value in the bets and you can manage money then you have given yourself a chance. what system would that be Think about it, if you could have compounded that £17k & done the same things at the beginning, then would be getting into the serious amounts of money - approximately £650k. loll and theres zero chance he was ever profitable Chris-swede 03-16-2010, 10:49 AM in real you will lose ever!!! Only small chances to win anything over long periods...i am doing a lot in sports..and overall i lose... KaiserT 03-18-2010, 05:39 AM in real you will lose ever!!! Only small chances to win anything over long periods...i am doing a lot in sports..and overall i lose... You must be crap then. :lol: gusavo 03-19-2010, 03:45 AM You must be crap then. :lol: its sick hard to make a thin edge Johnny_Bravo 09-21-2010, 07:22 PM If I didn't win I would quit straight away no way I would go to work and hand my hard won cash to a bookie! Agree with you on this one. If u don't see yourself making progress,why should you bother then. Everything can be done,if your level of dedication is high enough.Not anyone can do it tough,but its the same as in every other life aspect. And 3% of people are living out of it,so yea...it can be done :wavey: Ibracadabra 09-22-2010, 03:49 AM Not everyone is supplimented by fools paying for tips :eek::p Johnny_Bravo 09-22-2010, 06:11 AM Not everyone is supplimented by fools paying for tips :eek::p My betting started way back before that,but yea it's always a plus to have something from aside :p dombrfc 01-03-2011, 10:04 PM Way up after the darts :D Nabster 05-11-2011, 04:03 PM I have made an modest sum of money in the last three years. As others have noted, there are many nuances one has to account for. I deal ONLY in tennis, since the area of betting an individual indulges in, should be something the better is an expert upon. You need to watch and the sport a ton, and BE PATIENT. And Live betting is the way to go when it comes to tennis. Tennis is largely about CONDITIONS, and how the players react to these conditions. The only way to assess this is to engage in, IN PLAY BETTING. Be patient, and you'll find some great bets from time to time. But being patient can be extremely difficult for a gambler. And the most important thing is value betting. Too many people simply bet on the who they think will win, without enough consideration of the odds. You will always lose if you do this. Always. Never bet on a collapsed time frame, meaning a single set, single game, or a quarter or half of a basketball game or football match. Collapsed time frames mean greater volatiltiy and risk of losing. ALMOST never parlay bet. Parlay betting is a failing tactic. The BIGGEST problem a gambler will encounter, assuming he has a good betting system, is sticking to the system. Everything that happens to a gambler will want to make him break his system of rules, whether irs a losing streak or a winning streak. When one loses they are tempted to engage in riskier bets to retrieve loses, I find this to be THE SINGLE biggest pitfall for gamblers. This is my problem, sticking to my system. I make money when I do, and I just don't KNOW WHY, but I will break my system from time to time. It's inevitable, usually when I've been on a winning streak. And IT'S unbelievable, how consistently I lose when I DO NOT stick to my system, at least lately. Nearco 06-10-2011, 03:43 PM As others have noted, there are many nuances one has to account for. I deal ONLY in tennis, since the area of betting an individual indulges in, should be something the better is an expert upon. You need to watch and the sport a ton, and BE PATIENT. And the most important thing is value betting. Too many people simply bet on the who they think will win, without enough consideration of the odds. You will always lose if you do this. Always. Excellent points. My area of expertise is Horse Racing. But really, the points you make here apply equally to all gamblers no matter the sport. I think it's possible for anyone to become an expert in a particular sport if you watch it enough but acquiring the discipline and staking know how takes far longer. Swordfish 07-07-2011, 08:57 PM true, just try to fix a match and then play with the spoils. No, gambling is an addiction and does not pay, if it was so easy to maintain your discipline punters would make money and not the bookies. You can be the best tipster in the world, have 10 fantastic calls in a row, just one bad call will ruin everything. I agree with nastoff here, Tennis betting was profitable till 2009, After that the virus of fixing which how much we try not to discuss has crept in big time in the sport of tennis, There are hardly any matches being played on merit and the worst part is even the top ranked players are involved in this, From the Media to the tournament managements to the tennis association, all are aware of this but none can do much about it as it can't be proved if a player has actually fixed a match (Ex. Davydenko Vs Arugello and others). Now in this scenario, we the punters, when placing a bet, rely on the form, fitness, surface and stats of the players, The result, the player who can beat the opponent easily goes down to lose, Some punters, do win as well, When they win they get a euphoria in mind which can be described as a kick, wherein the punters feel they are on the top of the world, Then the punters goes on to place bets on the other matches... As said above, matches are decided pre hand, He loses a bet which is certain to come in, There comes the downer in the brain of the punter. Now the punter feels like pulling his hair out for losing the bet, he places another bet, probably wins on that, again he gets a kick in the mind then he goes to the next bet, plays big, goes on to lose big time, again comes a downer in the mind... In all this process, there are only 3 % of the punters who somehow knows the result before hand make some money, all the others are simply wasting their time, energy, effort and draining their banks.... nastoff 07-09-2011, 06:42 PM Not to mention developing doubt as to whether a game is played based on merit or not...this will mess up the mindset of the punter even if the match is not fixed at all. I ended up losing quite a lot with gambling over the years due to my lack of discipline, now I can finally say that I'm done with the damned thing and it's behind me at last. I still place the odd bet on some big crucial matches but it's a lot different than sitting in front of a computer all day watching a tiny screen and trying to guess the outcome in such a seesaw sport. I don't like the way this decadent activity makes me feel nor the way it messes with my head, so I'm now only a social, circumstantial gambler...needless to say I've improved myself in every other aspect of my life. In my experience you can make a marginal profit with gambling if you're a very focused and disciplined individual but you'd really be putting too much effort for too little gain...you can instead use your faculties in something much more productive eg. investments. If, on the other hand, you're a compulsive, arbitrary gambler who bets only for the sake of betting, the danger of financial catastrophe is great, if not a given. You'd be putting yourself against sharks out there. nastoff 07-09-2011, 06:52 PM I have made an modest sum of money in the last three years. As others have noted, there are many nuances one has to account for. I deal ONLY in tennis, since the area of betting an individual indulges in, should be something the better is an expert upon. You need to watch and the sport a ton, and BE PATIENT. And Live betting is the way to go when it comes to tennis. Tennis is largely about CONDITIONS, and how the players react to these conditions. The only way to assess this is to engage in, IN PLAY BETTING. Be patient, and you'll find some great bets from time to time. But being patient can be extremely difficult for a gambler. And the most important thing is value betting. Too many people simply bet on the who they think will win, without enough consideration of the odds. You will always lose if you do this. Always. Never bet on a collapsed time frame, meaning a single set, single game, or a quarter or half of a basketball game or football match. Collapsed time frames mean greater volatiltiy and risk of losing. ALMOST never parlay bet. Parlay betting is a failing tactic. The BIGGEST problem a gambler will encounter, assuming he has a good betting system, is sticking to the system. Everything that happens to a gambler will want to make him break his system of rules, whether irs a losing streak or a winning streak. When one loses they are tempted to engage in riskier bets to retrieve loses, I find this to be THE SINGLE biggest pitfall for gamblers. This is my problem, sticking to my system. I make money when I do, and I just don't KNOW WHY, but I will break my system from time to time. It's inevitable, usually when I've been on a winning streak. And IT'S unbelievable, how consistently I lose when I DO NOT stick to my system, at least lately. Again, too much effort for too little gain, value bets do exist but we're also dealing with the bookies commission, the constant change of the odds, ie mind games pre-match that make you wonder if your initial pick has been correct or if something happened, crazy fluctuations during the match that can make you lose your discipline and swing to the other side etc. etc. The sport of tennis is very volatile, it depends upon ONE individual and if that one individual is not 100% ready mentally or physically then the game is not played in equal terms. Then the mindset of the loser is ALWAYS to bet more to cover the losses and the more you lose the more impatient you become, the more you lose focus. Humans are very prone to mistakes when they're under pressure and the gambling sharks are there to exploit every one of your human weaknesses. At the end of the day you will be working overtime to avoid the worst while they can take your money without lifting a finger. It is a very unfair system I'm afraid. KaiserT 07-10-2011, 11:25 AM I am a shark. | |