General Betting
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You should all leave betfair........
You should all leave betfair........
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Replies: 130
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yes
very dangerous ground that Dstyle. If i ever get like that shoot me in the face. |
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In recognition of your contribution to Plaice Steaking I am not charging you this time! ;-)
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excellent..
However i'm sure a number of guineas will be flowing in your direction some time soon. |
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eggsellent news FS! :-)
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DStyle, yes I was (unconsciously) quoting Taleb.
The questions 'do you feel strong emotions betting (winning or losing)?' and 'do you feel different after a win to after a loss'? are properly separate. The answer to the second one is, it shouldn't matter to you whether you win or lose, so long as you execute a long-term winning strategy on the bet. You should try to suppress positive emotions (at your good luck) and negative emotions (at your bad luck) provided you are doing this. There is no right answer as to what you shd feel for the first q. Some will feel quietly satisfied at winning, some will feel pumped, some will feel nothing. People who are disgusted w/ themselves at systematically losing are more likely to come back w/ winning strategies. I don't buy the idea that numb or desensitised winners are about to lose because they don't care anymore. |
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I get a good feeling when that bet is made which turns both numbers green. Then the market turns in-play and I can move to the next.
Also happy when a market is empty but bookmakers have their prices up. So often these value bets get matched. Then green up when the money comes in and market corrects. |
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Footsoldiers has a point here in a round about way....if you look into the psychology of gambling it is the loosing that keeps us here,
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i'm in the askari camp here - also a fan of taleb. summed it up well, good thread.
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Zero emotion here - win or lose, follow the process and move on to the next.
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surely you must raise a smile if you win a quick 1k or 2 Ivor .. just unhumanlike not to imo
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I go by the principal .. Take care of your losses & the winnings will take care of themselves ;)
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lagonda, I lost my whole bank on a spread betting account playing stock options. I've never been back. I thought because I could make good long-tem investments I could lever up these gains on derivatives. Now I don't know whether I invest well in individual shares and am pretty sure I won't win at spread betting.
I've never lost a bank on horses and win there. It's clear what market I shd be playing in. |
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Losers analyse in depth why they lost. Winners just party.
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re: kohaku 02 oct 14.
great point you made about greater satisfaction in turning small bank in to biger bank.but overall you might have a few grand but turning 100 into 1k givn you more delight. to me, therein lies what all this is about to many people,myself included.people want to be right,to make judgements and be proved correct cos humans want to be right. We learn from young age whats good and whats bad and being right is good,wrong is bad. by means of predicting events we are daily challenging ourselves to be right.the money is merely the mechanism we use to be given the chance to test our judgement |
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It's when you're feeling elated after a win that you should consider getting out.
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v true Justin
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Footsoldiers 02 Oct 12:32
if you don't feel anything after a win.. So that's why Purple Headed Footsoldiers decided to become a 200K loser :D |
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Hello again. :^0
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wanted to bring back famous thread
betfair for dummies.... system 1 but it's locked, maybe Robert asked bf operators to dont let ppl know that u can lose money here. That thread was the last try, he maybe was desperate to steal some other money from users here :D |
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test
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The most successful gamblers I've ever known feel absolutely nothing when they win, and nothing when they lose.
They are simply curious as to a result. It's not the race result that ever matters, it is the odds achieved to reflect a long term goal. |
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Footsoldiers 02 Oct 13:32
if you don't feel anything after a win.. There is no room for sentiment.. Emotions have no place in the bottom line.........Winning on the Day. |
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That sort of gambler doesn't give a script writer much to work with.
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CALCULATED RISK .....not.... RECKLESS GAMBLING
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hmmm this thread must be two years old i wonder how many people who originally posted on it are still here.
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I recall an episode of the twilight zone where a gangster dies and finds himself in a classy hotel room with a butler. He gets dressed and the butler takes him to a casino where he doesn't have a losing bet. At first he thinks it's great, the whole casino's crowded round him cheering him on and slapping his back. When he realises he can't bet a loser he turns to the butler and says "this heaven's a ** place" to which the butler replied "whatever made you think you were in heaven sir".
You traders must be sub-human. Ferengi s c u m IMO. |
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a lot are probably banned from the forum scarecrow
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Footsoldiers is NOT banned.. he's simply ruined.
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i realise that i was just replying to scarecrows post
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What a good thread this was
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a wise old man once told me the best feeling in the world is backing a winner and the 2nd best is backing a loser
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excellent example of how a terrible premise can lead to an interesting discussion.
not surprised FS blew up tbh, reading the opening post. |
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Wonder what Footsoldiers is doing nowadays ?
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Probably 5 - 10.
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Probably 5 - 10
years or feet under? |
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hiding from creditors
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the kind of people he owed money to, he needs a new identity
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footsoldiers where are you
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Gerbs 24 Mar 13 17:13
hiding from creditors still  |