New Posts For Thread: just added up my 3 years online gambling deficithttps://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficitnot good, not gunna say how much but 3 years online has not been profitable, hasnt broken me but still a bit of a dissapointment, spose you could say nothing ventured nothing gained, the question is to keep doing it or pull back or out, still say thSimple fact is the time you spend, you sorta come here anytime of the day and there is a game on, i kinda worked on the theory that you say make x amount perday but betting on goals is probably same as a goalkeepers average in a shootout, if he goeshttps://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521820027#521820027Simple fact is the time you spend, you sorta come here anytime of the day and there is a game on, i kinda worked on the theory that you say make x amount perday but betting on goals is probably same as a goalkeepers average in a shootout, if he goesThu, 12 Jul 2012 19:48:21 -0500Marxist - LeninistI'm afraid your statement that the markets on here are extremely efficient might be true in a static sense, but it is in the getting to this efficient state where the betting opportunities arise.When markets are being formed over tihttps://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521803823#521803823Marxist - LeninistI'm afraid your statement that the markets on here are extremely efficient might be true in a static sense, but it is in the getting to this efficient state where the betting opportunities arise.When markets are being formed over tiThu, 12 Jul 2012 11:56:09 -0500The first few years of gambling are rarely profitable for anyone but the key is you should be constantly learning and improving. You have to see tangible proof that you have improved ie: rate of loss is improving dramatically and after 3 years shouldhttps://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521803051#521803051The first few years of gambling are rarely profitable for anyone but the key is you should be constantly learning and improving. You have to see tangible proof that you have improved ie: rate of loss is improving dramatically and after 3 years shouldThu, 12 Jul 2012 11:31:50 -0500I actually said "It is also a fallacy that you just need to put more hard work in - the markets on here are extremely efficient and its very difficult to find an edge."https://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521796835#521796835I actually said "It is also a fallacy that you just need to put more hard work in - the markets on here are extremely efficient and its very difficult to find an edge."Thu, 12 Jul 2012 08:50:26 -0500The hard work fallacy.Is that the same as " the harder I work the luckier I get " one ?https://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521796039#521796039The hard work fallacy.Is that the same as " the harder I work the luckier I get " one ?Thu, 12 Jul 2012 08:27:26 -0500Especially the 'hard work' fallacy. You work hard to find edges then you work hard at how best to exploit them and getting as much money through those markets as possible.Lazy punters are usually the ones who lose most money.https://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521795855#521795855Especially the 'hard work' fallacy. You work hard to find edges then you work hard at how best to exploit them and getting as much money through those markets as possible.Lazy punters are usually the ones who lose most money.Thu, 12 Jul 2012 08:19:37 -0500It depends why you bet. If it's for fun and you are not losing more than you can afford then carry on. Otherwise stopping my be the way to go.https://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521795141#521795141It depends why you bet. If it's for fun and you are not losing more than you can afford then carry on. Otherwise stopping my be the way to go.Thu, 12 Jul 2012 07:48:25 -0500Very well put, Marxist.I shall echo his statements. Especially the 'hard work' fallacy.https://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521790595#521790595Very well put, Marxist.I shall echo his statements. Especially the 'hard work' fallacy.Thu, 12 Jul 2012 03:22:09 -0500mikenz, its a brave and sensible man who knows when its time to call it a day. You need to look at your losses and consider whether it is worth losing £10 or £20 a week on a hobby or whether you could be spending the money on something else. When yhttps://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521790427#521790427mikenz, its a brave and sensible man who knows when its time to call it a day. You need to look at your losses and consider whether it is worth losing £10 or £20 a week on a hobby or whether you could be spending the money on something else. When yThu, 12 Jul 2012 03:04:07 -0500mikenz11 Jul 12 14:42 Joined: 20 May 10 | Topic/replies: 788 | Blogger: mikenz's blogi would stress i do have a stratagy for football.........its kind of based on the fact that when 2 teams play a game the aim is to score goals , if they aint capablehttps://community.betfair.com/general_betting/go/thread/view/94082/29228481/just-added-up-my-3-years-online-gambling-deficit?post_id=521779363#521779363mikenz11 Jul 12 14:42 Joined: 20 May 10 | Topic/replies: 788 | Blogger: mikenz's blogi would stress i do have a stratagy for football.........its kind of based on the fact that when 2 teams play a game the aim is to score goals , if they aint capableWed, 11 Jul 2012 16:15:27 -0500