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id guess anything above 10% is a risk hence if you earn 15,000 grand a year you should have a betting bank each year of no more than 1,500 pound.
trouble is the only way to earn 15k a year by gambling is to put on a total of at least 75,000 a year which for most people unless already loaded is impossible.
trouble is the only way to earn 15k a year by gambling is to put on a total of at least 75,000 a year which for most people unless already loaded is impossible.
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Don't come on here with all your facts, figures and percentages.
I think I speak for most when I say that we Betfairians live in a dream world
I think I speak for most when I say that we Betfairians live in a dream world
think you need general betting for this - no-one on chit chat bets
15000 pa is £40 per day - why u need £75k to achieve that? In reality it's much smaller sums being churned i.e. used over and over again.
I spend about 10/12k per year on betting,mostly I get it back if im lucky!
Aren't income/wages/salary and your betting bank just two entirely seperate sources of wealth? You surely don't use your income for betting purposes. Why not just re-invest your winnings? Doesn't everybody win on Betfair? :D
kelly criterion....
that's what you need to consider imo.
that's what you need to consider imo.
Irchester, success on BF isnt always about having a large bank .
i dont know cos all my money is my betting bank. you could make 15k a year out of 1k if you have right system. all depends on what you do. the amount bet isnt relevant, you can easily bet a million pounds in a year without having more than 30k to your name cos its just the same money being recycled many times over. though thats not the same as a betting bank.
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