i lost over 10k tonight

how in earth you bet 1.4k to win 10k with only 2 mins and the score to be 4-1.
that was the most lucky gamble ever for the layer. plus that the goal came the last 10 secs and have 1.05 11k to lay.

Everybody has chased easy money at some time and been caught.

As it happens to me .. when I back unders in a game.. it ends up the highest scoring in the league... When I back over 0.5 it will be the only won to end up 0-0 :(

I started the day (500+) lost due to pay PSV(over 4.5) ended up on 228 .. all in over 3.5 on the juve match .. HT 0-0 redded =161.. with the reamining 66 (depoisited another 30) .. backed over 2.5 @ 3.85 .. won it.. placed over 0.5 in the extra of chelsea match.. won it.. backed over 2.5 in the madrid match >. ended back to 567 ...

Pretty a hard day for everyone I believe.

I lost 2k there with that last second goal.

rmb  at what price you back u5.5?
how big is your bank , i mean 2k is huge bet like me?

Good question! what size bank these guys using or is it all in kamikaze, nuts

omg ALEX

why chase a big loss with 10k? have you done it before successfully many times?

Milan12Milan is a gambler, no sense in what he does... but Alex shouldnt do mistakes like this

seriously i rather u use 10k go for holiday than to bet on ridiculous low odds

Chelsea match position was 2k swing between United and draw. Was after 3 mins IT, very  annoyed. Hope you're alright, nothing worse than last minute goals screwing you over.

Oct 31, 2012 -- 11:49PM, agaz wrote:

Milan12Milan is a gambler, no sense in what he does... but Alex shouldnt do mistakes like this

You ll mind your own business and judge yourself and not others as I am not a gambler

agaz no i do this very seldom maybe 2 or 3 times the whole year.
but believe me i am so unlucky that everyrime decide to chase on value odds happen this.it hurts so much. every profit for the last 3 months gone. i know it was mug that did that. but first the 1.8k loss on u4.5 hurt me and second the game was 4-1 and kaliari lost a pen on 90 min so put a 1.14 bet at 91 min , but didnt expect that someone will lay it.(brown pants min)then put a 1.05 lay but siena score at 92:50, very unlucky. if this game was premier league with enough liquidity then they will back 1.02 at 92:50 surely.

Agree about the liquidity argument. I lost money on a half-time market at the weekend despite trying to green out at way more than value odds simply because there was zero liquidity.

and the u4.5 1.8k lost because the low liquidity. i took fair prices for 30 min and no one back them. when was 1-0 and 3-0

Moral of the story is not to chase or to try trade even sometimes on lower liquidity markets. It's why I can reduce my stakes to practically the minimum on some leagues or fringe markets.

alexander the greek , do u make 40000 a year?

i have made 3years ago almost 100k in something more that a year but that was before premium charges.for example last year i think that made only 15k or something like that. this year i am only 2k up.was13k before this game

Hard luck buddy, the good news is you will get it back, just no more chasing.

are you a full timer?

can u tell me why u made 100k before 2 years and 15 k last year? why ur profit decreased

alex.. chin up buddy .. just so the goals on italy tv... pure luck.. you will be back mate :)

Alex dont need to work, what ur occupation ?

the reasons are two.
premium charges and all the mugs and mug money dissapear and their position take now sharks bots and the botfair.

i dont work since 2007 that start to trading here. but in the past i working as electronic. i have study  electronics

the bots are real killers, may be u need to explore new markets

new markets like what?
the most have zero liquidity

sorry to butt in. i find that discipline is the hardest thing. i've found a sensible and reliable way to make steady profit. however when i lose discipline and look for a bet when there isn't an opportunity there it starts to go wrong. plenty of good opportunites to bet on the weekend and on the evenings. it's the mornings and early afternoons that are killing me. i need to stop betting on the weekdays in the morning and early afternoons but it's hard to resist sometimes

i end up betting on garbage like the turkey a2 ligi or the ukraine under 19 division. it's GARBAGE and i know this, but i fall into the trap.

every old gambler here you would tell you how easy was to made money
huge liquidity no pc charges no betfair bots , less user bots , more mugs that was betting on any odd. now it is so difficult to find some real value.

you need to find a proper job which might be difficult granted

do you have discipline though alex? chasing is a sign of lacking discipline. i'm trying to learn not to do it.

yes most  markets are amazingly efficient, but still there is value to be found although difficult

yes i have but sometimes that lost medium like the 1.8k on u4.5 searching for chase, it happens very seldom and the most times finish with tears.
i have to stop betting like this and just concentrate on u4.5 o2.5 that is profitable so far.

if you have a job its no big deal

Can I ask why you would risk 3 months worth of profits in one game?

Nov 1, 2012 -- 12:36AM, CLYDEBANK29 wrote:

if you have a job its no big deal

why would someone gamble if he has a job? this is the most antisocial job or hobby that you can imagine. i can not understand people who work full time and gamble regularly

I saw a great video on the benefits of Forex Trading.  They call new entrants to the business Shark bait!  If these traders are so successful why do they feel the need to teach us how to do it?  Further if we got golf lessons off Tiger Woods we still wouldn't earn $100 million!

Another inportant lesson was to only take what the market gives you.  Dont try and force a win out of nothing. Some people need to understand what we do on here is gamble, call it calculated risk if you like but like Forex Traders, Stock Pickers, Hedge Funds it is gambling.  Unlike most in the Financial Markets we bet with our own money and generally cannot fix anything.  Taking a small punt on long odds is a gamble but the risk of losing is accepted.  Risking large sums on illiquid markets is crazy and betting with a big downside and small upside is for those with deep deep pockets.

I don't think it is about luck Alex.  It is bad risk management.  People hit the bar, score in extra extra time etc etc that's gambling but swings and roundabouts are accepted parts of the gamble.

If you lost 3 months profit it is not the end of the world.  My mate put £2,000 cash in a piant tin then threw it into a skip a few days later without realising.  He calmed himself down by having a pot noodle.  it's only money.  Play prudent and win it back.  Good luck to you.  Oh and just in case you think I am a smart arse who has never done it before...let him without sin cast the first stone!  I have learnt to manage my losses much better since.  It is more important than managing winnings.

CrowsEye i think that telling you the reasons on previous posts.
chasing value greedy

"this year i am only 2k up.was13k before this game"

its the end of the November ffs.  If he aint got a job thats very worrying.

end of October start of November I mean

Nov 1, 2012 -- 12:42AM, CLYDEBANK29 wrote:

"this year i am only 2k up.was13k before this game"its the end of the November ffs.  If he aint got a job thats very worrying.

i think he may be confident that he will make up for it.i dont think he is dumb enough to lose a money he can not afford to lose. are u assuming he doesnt have anything else

?

Whisperingdeath you talk so sensitive and logic. thanks for your words. i need it.
i know isn't the end of the world and the only that have to do now is to clear my head and bet like nothing bad happens.

colonelll, Only fools and horses work,

@ Alexander

Yeah I recognize things you say. The difficult part, however, is to "clear your mind". Bad losses keep haunting you..

yes babagoal and this the reason that share my loss. it make me feel better than to cry alone and drinking beers.

Colonel,

I do a job to keep me grounded, get out of the house, not sit at pc every waking moment, to realise that I bet more than a days wages,sometimes a weeks wages on a single bet so not to make stupid bets without risk calculation.

Gambling is dangerous and needs a release otherwise apart from the obvious downside it is just another job and I become a wage slave.  I gamble obviously because I like it but also because I dont want to "work" for a living.  I am not a slave to the job or gambling.....yet"

mebbe Alexander been very unlucky.  If I was in his position and I was full time I'd quit and try and use his electronics background to get a job before it really is too late.

CLYDEBANK29 can you see the future ? why you tell us that  If I was in his position and I was full time I'd quit and try and use his electronics background to get a job before it really is too late.

Nov 1, 2012 -- 12:51AM, Whisperingdeath wrote:

Colonel,I do a job to keep me grounded, get out of the house, not sit at pc every waking moment, to realise that I bet more than a days wages,sometimes a weeks wages on a single bet so not to make stupid bets without risk calculation. Gambling is dangerous and needs a release otherwise apart from the obvious downside it is just another job and I become a wage slave.  I gamble obviously because I like it but also because I dont want to "work" for a living.  I am not a slave to the job or gambling.....yet"

Whisperingdeath,
my point is that it would be very depressing to gamble and work at the same time. i am not sure about ur gambling haots, but for most especially the traders gambling is a significantly time consuming activity. so if one works the whole day and sits to trade evenings and weekends one will not find time for social activity. that is why i asked someone will wish to work and gamble at the same time. if u chose one to gamble only u can relax on  weekdays

Clyde,

luck doesn't come into it.  Banks spend £100 to make a pound.  We bet a pound to make a £100.  Thats why banks have all the money ( also because they have bent politicians in their pockets ).  There's no such thing as a lucky gambler.....over time.  Electronic markets have evened the playing field for us but successful gamblers are good at risk management not lucky.

Nov 1, 2012 -- 12:33AM, colonelll wrote:

yes most

hmmm, quotes not working then

My mate put £2,000 cash in a piant tin then threw it into a skip a few days later without realising.  He calmed himself down by having a pot noodle.

Did he not go back and check if the tin was there?

how are paddy power and betfred so sucessful then.? It's not luck. I remember paddy power was a three shop bookies in Ireland 15 years ago. Now biggest growth company on irish stock exchange ?

colonelll • October 31, 2012 11:33 PM GMT
yes most  markets are amazingly efficient, but still there is value to be found although difficult

Most markets aren't amazingly efficient, that's a myth! I suppose you will want an example now!

ok, just the one

Barca v Celta Vigo at the weekend

Barca 1/11 on here (1/10 Billy's) if anyone thinks that's value
Celta Vigo 37/1 here (same as Quack with less commission) if anyone thinks that's value. Badcrooks go 16/1, 25/1 highest bookie

however my personal favorite - Draw No Bet on here 33/1 (ie a higher price than all the bookies in the win only market!) but if that's not enough value for you then there is another exchange where it's currently available at 42.0.

There's also no way Celta Draw no Bet is a 2.96% probability (as represented by the 33/1), try doubling it and it would be closer

Mistakenly thought I was on the Chit Chat forum, and came on here in the expectation of finding some rapid weight loss advice. Leaving feeling cheated!

Colonel,

I am out of the rat race job wise.  I work part time at night so have plenty of time.  I am not a " professional " gambler and certainly not smart or disciplined enough to trade sports markets  ( in a financial trader sort of way ).

I love sports so for me it is fun and a way out of a proper job as I have a small mortgage.  I have made plenty of financial mistakes in my life.  I am a baby boomer, one of Thatchers children if you like.  I have escaped from the darkside to a certain extent.  I have realised I can make a living from sports betting and seeing as I love sports it works for me right now.  The biggest thing I have learned is to control losses just like in the financial markets and keep a good reserve just like a General, marshall my forces and hit when things are in my favour not when I need to make money.

I have wondered about full time gambling and feel it is dangerous for me like drugs and alcohol but the biggest thing is I dont want to be addicted to anything.  A slave is a slave. Gold bars on a prison cell make no difference to me.  My betting style strength is to play the long game and keep away from going for the big one.  Farming not hunting, I am not an archetypal alpha male so my gambling style is farming not hunting.

Put 10k on your next bet, weight will rapidly decrease while in-play and heart rate increase.

Ldee,

The tale of woe was too long to write about.  His bird moved house and dumped her stuff in his industrial unit.  He couldn't work but sold a car and put the money in the paint tin.  He put the paint tin in the unit.  A couple of days later he tried clearing soome space, picked up what he thought was an empty paint tin and chucked it in the skip.  The skip whch had been there for 3 months was collected that very day so when he realised his miastake the skip was already gone.  there is more to the story but I don't want to bore you anymore.  Anyway he said his way of calming down was to have a pot noodle so my message to Alex was dont worry it's only money!

stickyvicky 01 Nov 12 00:07 
how are paddy power and betfred so sucessful then.? It's not luck.




FOBT's are your answer these days.

the truth is that try to place 50k bet to win 10k but only 1.5k matched and won 340
that was the lay unquoted 6.2 on et when chealse was 5-3 at 116min.
last post from hazard was funny , would have lost enough

so you're telling me, if the market had been liquid enough, you would have got your 50k matched. and if eden hazard had scored you would now be 60k down?!?!

yes

id be feeling like i had dodged a bullet tbh Alex

martingale would be proud of you alex

50k! u are a serial chaser,  i agree 6.2 for auq towards the end i good value but still

martingale isnt bad, that i do is bad, backing low odds

There is often value in higher odds and you dont need to risk a lot of money either, what you are doing is suicidal.

this is a bad tale alex - i hope you can win back

but remember to take nothing for granted in this game ,esp football ...it is easy to get caught out ,and it takes just one minute

as you say ,the so called 'mug money' isn't in circulation so much so you have to take on the sharks  to succeed

there is often value and on lower odds but this is another story.
the point here is not bet more that you can afford.

fobt ? pls translate

fixed odds betting terminal

hello coachbuster how is ur gambling going? i dont see u on these forums these days.

cheers.

Alex I truly believe the goal markets are a hard place to make money. The market makers (bots) always have the advantage in the long run hence the likelihood of beating them minimizes the more you play.

Surely,if fobt was the answer, then anyone could be a winner,how are pp and bfred ahead of the possee. compared to stanley, ladbrokes etc.?

http://www.youtube.com/watch?v=0C8s-ov3rYA here is the last goal that lost 10k.

colonell- don't spend as much time as i used to as it badly affected my betting ,i try to study the markets more these days


however i still read a lot on here rather than post

good luck to you

thx gl to u 2

I feel for you Alex but I can't get my head round why anybody would put that much money on there not being one more goal in any match. The idea of the game is to score and it can happen at in time, sometimes in ridiculous ways!

To put that amount of money on a one goal margin is pure suicide, but that's just my opinion!

Gonna sound like a major newb here but what can some briefly explain what these terms mean??????????

Ooooops ^ terms...
huge liquidity no pc charges no betfair bots , less user bots ,

the usual bla blabla....Alexader...borrow money from your goverment...they have plenty

good goal right at the end were you watching? you must of been **** it anyway when they were on the attack and when it went in you must of thought no way has this just happend.

anyhow take the Arsenal Reading game can you imagine how much was lost on that at 1.01 a lot lot lot lot more than your 10k.

I am personally someone who never goes for odds lower than evens. I appreciate that there is value to be found at very low odds but I am of the opinion that there is far more to be found at much higher odds and it also means lower stakes and far less stress. I am not a full-time gambler but I am working towards it and have found most success in laying very low odds. Especially towards the end of football matches. The one thing for me is discipline. Reading your post above about your profits Alex I was very surprised to see the details of your recent 'chasing'. It's complete and utter madness what you did but it makes me realise that even you after years of large annual profits make ( excuse the phrase but..) 'amateur' mistakes like that and this is why gambling is very difficult to get right. To become a truly successful gambler I am starting to realise that you have to control your emotions and the addictive nature. Stay away from markets you know that you generally lose money to. Never chase..if you lose big, accept it and take a break for a couple of days. If you're low on confidence I find a good thing to do is to lower your stakes for a while until you feel that you're back in the groove. It's tough at times this game but overall I love it and hope to become very successful with it as I become more experienced. Alex I would suggest taking a little break before you get back on it. Often losing big is followed by losing even more because you're looking for the first market to come along rather than the right market. GL.

Hard luck Alex but we have all done this at some stage in our gambling "careers". You have the skills to win it back, the key is disciplined money management. Get on the horse again and get on with it. GL

sorry to hear m8, so cruel.

****, im down ^60 this month. £270 since i joined in feb is good or bad?

it's good if you've changed what you were doing

Hi Guy's If it makes you feel better I lost 52k on the casino site in one night' that was 1 years exchange games profit.

Sorry to hear that

When I started this betting lark. I put £100 into my account and limited myself to £5 per bet, which would increase by another £5 for every £100 I profited. I got to about £350 and there was this period where I lost £200 in 2 weeks. I was so annoyed so I decided to do some chasing and lump on England v San Marino. I deposited another £100 and went all in with my £250 on over 4.5, 5.5 and over 6.5 goals. Of course, England decide to f*ck up and win 5-0, so I lost another £100 on that.

Not as much as compared to you but I don't exactly have a huge betting bank so it was quite hard hitting for me. It was stupid from me but it did teach me a lesson. Since then I've been very careful with my money and I don't chase anymore or lump on. So it's best to take your losses and move on to the next day, take a break for a few days and restart with smaller stakes.

Good luck man

yeah guys i am a pro punter i once went chasing and put 10k on no next goal in one of the most volatile games ever

You think that you are unlucky to lose £10 K after chasing your loses and lumping on an odds on shot.

Why not bet 2 K on an Even money shot or 1K on a 2/1 shot.

Your attempt to lay back at 1.05 shows that you massively overstaked and were crazy stupid.

I think you got what you deserved. Same as Andy Murray backers today !!

Alex mentioned in this thread that he's won over 100k in 3 years, i'm sure he will get over this loss somehow!

unlucky Alex

Keep your chin up i'm sure you'll bounce back , but do it gradually

Some good posts by WhisperingDeath  .. (Farming not Hunting)

My dad once said to me "well if you fly with the crows .. you're gonna get shot at"

Good luck

Nov 2, 2012 -- 12:07AM, tomahawk1 wrote:

Hi Guy's If it makes you feel better I lost 52k on the casino site in one night' that was 1 years exchange games profit.

which exchange games were you playing?

I'm up £2200 on Hi-Lo in the past 2 months