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One Barry Robson
13 Jan 10 21:10
Joined:
Date Joined: 19 Mar 05
| Topic/replies: 14,501 | Blogger: One Barry Robson's blog
Was ticking along nicley at the start of the year after 8 days was up £160 in gambling and then

Saturday down £325
LOST £100 backing Arsenal v Everton
LOST £125 backing Man utd v Birmingham
LOST £125 backing Villareal v who ever they played on Saturday night

Sunday up £148
WON £89 backing Fiorentina v Bari
WON £59 Porto (in running) v who ever they aplayed Sunday night - Naval?

Mon down £785
LOST £100 backing Algeria v Malawi
LOST £175 layed 3-0 in above game
LOST £1000 backing Ivory Coast v Burka
WON £490 backing Man City v Blackburn

Tues down £390
LOST £600 backing Ronnie O'Sullivan (did back him then switched to his opponent when 3-0 down)
WON £208 backing Birmingham v Forest

Wed down £1300
LOST £245 backing Higgins v Allen (originally backed Higgins for £500 but switched to 'RED' out)
LOST £1075 backing Liverpool (didn't lay off)

So the you have it without a doubt the WORSE week ever for me and the biggest losing day is today.

I lost £1.5k in 2008 and £700 last year although I was down £1.7k at one point in 2009.

I don't know why I'm posting really beacuse I know it's my fault and I'vve posting on here last year.
It's only January and I could give myself I target of £7 a day for the rest of the year to get it back but is that the answer.

The is so much sport on and I work shifts so I get bored during the day, depsite having a wii - I enjoy the thrill of winning but hate the losing feeling.
I lie to my partner about the amounts I bet and lose and do not need sympathy but advice on what to do.
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Report fulltimebetter January 13, 2010 9:16 PM GMT
Have a break for a few days. Get a clear head. Then take it from their.
Report d13phe January 13, 2010 9:17 PM GMT
£1000 on an african nations game?

how many shifts does it take you to earn that?
Report modk January 13, 2010 9:18 PM GMT
The only advice i can give you is gamcare, thats what they're there for. Good luck.
Report gelding January 13, 2010 9:22 PM GMT
Take a break. You know that you can win, just at present, fog has descended. Just wait unil its clear again.
Report Aberdeen Angus January 13, 2010 9:24 PM GMT
Sad story with a lot of "chase" bets which for some warped reason invariably go wrong when your luck is out.

Many people on here incl myself will likely have experienced this sort of thing.

Best of luck - not easy to recover from this.
Report One Barry Robson January 13, 2010 9:29 PM GMT
Both the Ivory coast game and the Liverpool games seemed like 'easy money' I hate to use that term but there aren't many people who would back against Liverpool at home to Reading or Ivory coast with their line up.

It seemed an easy option to reduce my losses or even come out with a little profit.

I think I have had 4 x £1000 bets and 3 have lost and have had 2 in 3 days so I can see things are getting a bit too heavy for me.

What's my next stop a 5k bet????????

The worst thing is I nearly backed Cameroon this afternoon (who lost) and was going to back either Bristol City, QPR or Portsmouth last night and NONE of them got in a winning position.

Just cannot back a winner and frankly my losing this bet tonight on Liverpool may be it for me.

I think I'd sooner go out jogging/play on the wii/watch a movie.

As a say I feel so low having lost this much money and do not really want to begin to thin kabout clawing it back - I just know that in a few months time I'll be in the same positon.

I have no staking plan, cannot recognise value, and I think all my winning bets from a loss of 1.7k to £700 loss last year was luck and nothing more. I do not analyse fixtures eg. I backed Arsenal the other week away to West Ham just because I thought their price was value (I was so lucky that the last 10 minutes they turned it round).
Report Aberdeen Angus January 13, 2010 9:35 PM GMT
I lost big time in 2008 (over 30k) and had all sorts of debts - basically just lost the head.
Had one final attempt in 2009 to recover and ended up from 5K making over 50k. A lot of this probably down to luck - when you are on a losing run you almost expect every bet to lose but when you are on a winning run possibly the opposite.

Sympathy for you because I know what I went through in 2008 .
Report One Barry Robson January 13, 2010 9:40 PM GMT
blimey Aberdeen how could you possibly get back on the horse as it were after losing THAT amount of money - I'm crying over £5k over the last 2 years and a bit
Report Aberdeen Angus January 13, 2010 9:46 PM GMT
Basically had no option - had one final shot at it and luckily for me things just clicked.
Worst thing was trying to keep my situation from people also turning up for work after another horrendous day on here - almost felt like what was the point.

Even during last year success had some shocking days (as you would expect as can't expect to win every bet)
Report Rocket to the FACE January 13, 2010 9:52 PM GMT
obviously you know you're putting far too much on each bet??
Report rod hull January 13, 2010 9:54 PM GMT
anyone who backs liverpool at the moment, regardless of who they play deserves to lose their money.
Report Baby Jesus January 13, 2010 9:55 PM GMT
How on earth did you finish last year onl;y £700 down and the year before only £1.5K betting with those stake sizes ????? Unless you've a very well paid job I'd drop those stakes asap otherwise this year will be a lot worse than the last two at the rateand size you're betting
Report Rocket to the FACE January 13, 2010 9:57 PM GMT
The next time you try to place a bet just stop and think "If I lose this, will I be bothered?"

And be honest...!
Report jpquinn91 January 13, 2010 10:01 PM GMT
I'd suggest you at least lower your stakes significantly and only bet a small % of your bank each bet, this is basic discipline and you'll never lose more than you can afford this way. If you really feel like giving up, i wouldnt discourage it if you're losing that sort of money and not enjoyin it. If you do carry on I'd suggest you bet smaller and accept you're probably going to lose or start betting more sensibly on stuff you know about or research. Also, you could pay for a tipping service, there are some scams but plenty good ones and you are likely to make a profit or not lose much anyway. Hope this helps mate.
Report jpquinn91 January 13, 2010 10:03 PM GMT
Also, there's no such thing as a sure bet other than arbs and dont convince yourself otherwise.
Report One Barry Robson January 13, 2010 10:04 PM GMT
Firstly I usually lay rather than back so my success rate is higher but obviously Everton to lay wasn't as attractive as backing Arsenal to win (and considering their great home record it seemed easy money (ther's that phrase again).

I usually lay for £20 - £25 profit risking £80 - £100 maybe.

So to then decide to back £100 twice in 3 days (with both losing) is gonna take a big effort to recoup - one which is beyond me I feel, giving my stakes.
Report The Investor January 13, 2010 10:06 PM GMT
A few days ago I lost on the following Markets on the same day:

Rangers - Hamilton Rangers to win Half time when 2-1 up after 45 minutes
Result : 2-3 (2 goals in first half injury time)

Lyon - Plebennec Lyon to win Half Time when 1-0 up after 45 minutes
Result 1-2 (2 goals in first half injury time)

Barcelona game same day layed any unquoted half time score when Barca 1-0 up
goals in '44 and '45 3-0
Report One Barry Robson January 13, 2010 10:07 PM GMT
Thanks jpquinn.

Yes smaller stakes is the way to go - but I said after the Ivory coast game that I'd give it a rest but temptation got the better of me - which I was at work and rowuldn't have placed the bets I did really.

The funny thing is I was going to back Egypt on Tuesday but my daughter came home early from school so I didn't bother - would have won big but would have been a chasing bet

I'll tell you something else I'm watching that Liverpool game tonight and I didn't lay off and I was 1 minute way form winning and I had a bad feeling about it but didn't bother to go downstairs to the pc to lay off and protect my bank - I feel the title of the thread sums it up.
Report Rocket to the FACE January 13, 2010 10:14 PM GMT
If it suits your personality, maybe you should learn to hate the suspend? Start to despise the big bold SUSPEND.

Use a small bank and see if trading before the game has started suits you better. It brings its own problems but if you have a conservative personality like I do it might suit you better. I hate the Suspend sign and try now to only ever have a bet on a game if i've already got a green book on that game - it allows me to have an interest in games without having to worry much about the f*cking SUSPEND.
Report Rocket to the FACE January 13, 2010 10:47 PM GMT
hope you're not in the betfair casino trying to win it all back...
Report Coachbuster January 13, 2010 11:49 PM GMT
Barry , can't you gamble less until you realise you can make it pay ?


Your record says you cant at the moment .

You have to be more honest with yourself.

Stick to 2 and 3 quid bets ...theres no glory in betting big to lose big
Report cpfc4me January 14, 2010 12:20 AM GMT
You don't seem to be a very good judge of value, and without value you will never be a long term winner. You seem to be more of a compulsive gambler thanan astute investor, so as others have already said, until you find an edge, either give up or play for much smaller stakes.
Report tobermory January 14, 2010 12:49 AM GMT
^
Can't argue with that. And you said so yourself.

I'd say looking at your bets that you have a fear of losing , by which i mean a short term fear of losing individual bets , which stops you considering the bigger picture , until it reaches a head with an awful week like that when you add it all up.

Seems that you get a buzz out of the next bet, and so you are very wary of backing anything that , however good a price , will probably not win ,as the priority is that the next bet is a winner .This leads you to back short odds at poor value, which ususally provides regular winners but leads to long term losing and disatrous spells like this.

Personally i am not bothered about wether the next bet loses or the last bet lost, only the p+l over time . If you are not going to adopt a value approach then at least as advised control staking. Just deposit £500 (or whatever you can reasonably afford) and bet a max % of it , and don't deposit any more .
Report inner city sumo January 14, 2010 12:57 AM GMT
Barry, my advice is simple: get yourself excluded before you completely destroy your life.
Report viva el presidente! January 14, 2010 1:36 AM GMT
I would seriously think about excluding yourself for 6 months, and getting some counselling either through a specialist gambling charity or your GP.

I think from what you've posted your problem's not losing, it's gambling - so the answer isn't to gamble better but to find a way to stop, at least temporarily.

there's no shame in having a problem, and it takes some guts to come on here and say what you have. good luck.
Report The Visionary January 14, 2010 4:19 AM GMT
Unfortunately Barry there is no hope for you. Thought your name rung a bell and I have looked up some old topics of yours.

You did a thread in Oct called "been on here a while but I cannot see a way to make money". You were given the same advice back then essentially and have taken none of it.
Report Lori January 14, 2010 4:27 AM GMT
Time to give up gambling Barry.

Your thought processes are not those of a winning gambler, in fact they're those of someone who is going to ruin their lives pretty easily if they don't stop.
Report DaveEdwards January 14, 2010 8:02 AM GMT
The Visionary 14 Jan 05:19
Unfortunately Barry there is no hope for you. Thought your name rung a bell and I have looked up some old topics of yours.
You did a thread in Oct called "been on here a while but I cannot see a way to make money". You were given the same advice back then essentially and have taken none of it.
................................................................................

Barry, have to agree with this posting. There was a lot of good advice in that thread. Read it again. Ask yourself these three questions when you are about to bet:

1) Do I have a genuine edge here?
2) Is the money I am staking reasonable in relation to the size of bank. (For me this is 1%, but you could go up to 2%).
3) After all is said and done, how do you feel within yourself? Feel good about the bet after thorough analysis? Also, if you feel bad from previous losses it WILL have an impact on your decision making (Take a break).
Report RonaldinhoRAT January 14, 2010 8:07 AM GMT
"but my daughter came home early from school"

The most important thing you've written.

As a dad myself you need to forget your losses and find another way to support your family, theres no shame in earning a mediocre salary, working hard. Once someone bets at certain levels eg £1000 most cant go back to lower levels as it doesnt provide the same rush of excitement. From reading your comments i can see no indication that you have any ability to win long term.

lower level = £2-£10 occasional bets!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Report DaveEdwards January 14, 2010 8:09 AM GMT
There was another thread on here the other day about what stops people from winning. Betfairy pointed out that nothing is stopping you. You need to stop trying to do it and just do it.

If it helps make yourself a list of the self destructive behaviours that undo your bankroll. Identify what you are doing wrong and learn from it.
Report RonaldinhoRAT January 14, 2010 8:17 AM GMT
Also i get the impression you dont really listen and take in the advice your given so i thought id copy this so you can read it again!!!!!



Lori 14 Jan 05:27
Time to give up gambling Barry.

Your thought processes are not those of a winning gambler, in fact they're those of someone who is going to ruin their lives pretty easily if they don't stop.
Report One Barry Robson January 14, 2010 8:47 AM GMT
Yes you are correct I have posted a similiar message last year - I declared this in my opening post of this thread.

Following that post I did little bets and with 1 or 2 blips I did recoup £1000 over the next 3 months or so.

I just don't know long term if I could pull that off again.

The thought of occassional £10 bet on the footy I'm watcghing doesn't really excite me as I doubt I'd make enough to see my massive loss reduce enough - over time maybe but I'm probably a bit impatient.

Having said that £7 profit per day until the end of the year wipes out my loss and gives me a gambling profit - I guess these is achievable but how much do I risk to achieve this goal? £100 on 1 goal or more in a game?

So confused about what to type next - don't know if this is the approach or whether to give up totally.
Report Lori January 14, 2010 8:53 AM GMT
Having said that £7 profit per day until the end of the year wipes out my loss and gives me a gambling profit - I guess these is achievable but how much do I risk to achieve this goal?

What is your edge on the bets you're having?
Why does this edge occur exactly once a day?
Report Lori January 14, 2010 8:55 AM GMT
on't know if this is the approach or whether to give up totally.

In case you're not good at sarcasm detection, my previous posts means

"It's not the right approach. Give up totally"

Unless there's some deeper strategy that you're hiding incredibly well, you have no edge and have no idea what you're doing other than chasing losses.

If you DID know what you were doing, you could get that £1k back in a couple of years from £25 or so with no need for this 7 quid a day bs
Report Lori January 14, 2010 8:56 AM GMT
One final way to ask you why you think you should be winning.

Do you think all those people laying 1.07 or whatever on 1+ goals are all losing money? If so, why do you think they continue to lay that price?
If it was easy to win money backing 1.07 on 1+ goals, why would there be money at 1.07 sat there when there are winning gamblers on this site who would happily bet £1,000,000 on such a price if they had a 0.01 edge on it.
Report One Barry Robson January 14, 2010 8:59 AM GMT
Lori,

I'm basically clueless (or this is how I feel at the mo).

I'm not naive enough to think there is some money making strategy that will make me money, but the £7 per day is just a low enough target that I feel I could manage.

How I ACTUALLY make it work is another thing.
Report One Barry Robson January 14, 2010 9:04 AM GMT
I see what you mean about the 1.07 but take Man City v Blackburn the other night.

One guy posted that he backed a hat trick to be scored - for every one person who one that bet there must have been far more who LOST by opposing that bet.

It's like when the bookies shout from the rooftops about someone winning a 12 match accum - this is once in a blue moon stuff because every week there must be thousands who lose doing it.
Report Lori January 14, 2010 9:09 AM GMT
I spent several years as a losing compulsive gambler (sadly I've lost the compulsive side since I turned it around ) and the stuff you're saying is exactly how I used to think.

You're not concentrating on how you can make a long term winning strategy, you're concentrating on making the numbers sound not too bad so you can write off the losses and have an excuse to come back and try again.

Ignore the numbers. The money is gone. THE MONEY IS GONE. Say that until you understand it. It's not your money anymore, it's some shrewdie on Betfair who's just waiting to get their grubby little mitts on even more of your money.

Now you really have one choice, and you won't like it, and that's to stop gambling.

STOP GAMBLING

Okay, well you're not going to do that are you, your mind is saying "This Lori mug is right, but who are they to tell me how to run my life, could be anyone, probably just a loser, I'll ignore it"

Well, you're right, you run your life your own way, but as you asked for advice.... STOP GAMBLING


Sigh, you're not going to stop are you. Okay, well then your only other choice is to find a way to win. Ways to win don't involve sums of money, they involve ways to win. You're thinking "how can i win £7 a day" when you don't even know how to win 1p a day without some kind of doubling up or chasing system do you?
Try to think about how you're going to win, WITHOUT thinking about how much you're going to win.
It's not easy because you'll keep coming back to the money you've lost (I told you ffs, that money's gone, forget it). But that money is irrelevant. If you suddenly come up with ways to win, you'll get that money back easily. If you don't you'll lose zillions chasing that money.

So, think of reasons why you should win. It goes a long way beyond "Man Utd win lots of games, they should win today" I'll tell you that much. I spend hours a day with spreadsheets, reading, analysing and all that stuff and I still suffer from confidence loss at times even having turned my gambling around many years ago.

If you absolutely must carry on (Which you shouldn't, have I mentioned that?) then deposit 25 quid or whatever the minimum is these days. don't bet more than £2 a time (which by the way would be overstaking, but when you're at the minimum so be it) and see where you are in a few months time. At least losing £25 here and there won't bust you. Thinking about the money that is no longer yours (Have i mentioned that too?) will not only drive you insane, it'll send you skint.

Oh, and sorry for not being very pleasant, I seem to remember that when people were pleasant to me when I used to gamble I used to just assume I was doing nothing wrong.
Report One Barry Robson January 14, 2010 9:17 AM GMT
Lori,

I appreciate your comments - I didn't find them offensive they were far from it.

You have spelt it out and I'm leaning towards NOT gambling, if I can not gamble for a few days then I think I can stop for a week, then a month etc. - Now I know what smokers feel like trying to give up.
It is an addiction especially with so much sport on nowadays to make the match more interesting it's nice to have a bet on. My brother in law watching no end so fmatches - but what is the point when it's not your team playing????

If I were to start up again though I guarantee I will have a good run but one big loss will have me typing another thread like I did last year.

There is no good thinking about what has gone on before - that money has gone you are right, just like the money went in 2008 & 2009 - I don't think about that anymore.
Report DaveEdwards January 14, 2010 9:24 AM GMT
Lori,

Excellent post mate. Excellent.
Report OspreyMan January 14, 2010 9:31 AM GMT
With those results become a layer
Report Eddie the eagle January 14, 2010 9:35 AM GMT
Lori , I know you mean well and usually gas good points and advices.
Only way you get it wrong imo is when you approach everyone as if they depend on making plenty of money from their gambling.
Imo most people on here aren't prepared to put in the time and effort it takes to be a long term winner/fulltimer.
Most people on here will lose long term and the only important thing when losing is not to lose so much money that it becomes a problem.
As far as I can see the OP hasn't said anything about this affecting his daily life. He has lost roughly 1 k a year and to most people that is no disaster.
He clearly likes to gamble and as long as he can afford it I don't see why he should stop. He should find out exactly how much he can lose without it creating problems for him and his family.
The important thing is to stop gambling when you have reached your maximum loss wether this is for a week , month or a year.
Report Facts January 14, 2010 9:42 AM GMT
You obviously have no discipline about your betting. You appear to bet on anything - with no regard to a staking system. I assumeyou do not have a separate bank account with with to bet with.

Rules

Start with a bank
Bet fixed amounts
Be selective
Focus on solid form bets only
Do not chase

If you can't adopt this approach - GIVE UP.
Report no moves January 14, 2010 9:43 AM GMT
You can't change the past realise you have a problem and deal with it. In the past I found out that I was drinking to much and eventually I gave it up since then two of my friends have died from alcohol abuse but I survived.

Maybe the losses could be seen as good thing in the long run if you feel really ** and a bit desperate today maybe its worth writing down your feelings just to remind yourself if your tempted to go back to gambling how much losing large amounts of money hurts and how bad it felt.
Report Lori January 14, 2010 9:44 AM GMT
That criticism is one I've had before in fairness Eddie, so I can't disagree on a general level :)

This instance seems different though, the excuses, the thoughts of getting it back, the lying to the partner, the bad luck stories. A few alarm bells there for me.
Report Eddie the eagle January 14, 2010 9:48 AM GMT
Lying to their partner and bad luck stories ??
That must be the daily life for something like 95 % of all punters.
Report ez January 14, 2010 10:00 AM GMT
I think you need to be realistic with yourself.

You dont seem to have any edge or concept of value therefore you WILL continue to lose more money if you continue gambling. Thats not being harsh or nasty it is just a fact I'm afraid mate.

It doesnt make you dumb or a bad person it just makes you like 99% of punters (me included)

The sooner you come to terms with the fact that you are not going to make money from gambling the better. Then you can decide if you want to continue gambling for fun or if you would just rather give it up alltogether.
Report Bye bye Paddy January 14, 2010 10:33 AM GMT
To make the money you 'seem' to want to make takes time and effort aswell as a LARGE bank.

What everybody has said previously is great advice all i want to add is - do you see this as a carrer or a bit of fun/hobby?

If a hobby then £5 to £10 bets should not be a problem.

IMO - you see yourself as being able to make a lifestyle change by 'gambling'. To do this you need to put the hours in (like any other well paid job) and that probably means 12 to 16 hrs a day, which means no other job and/or no family time.

I personally have my own(successful) business and thought I could do this 'gambling' lark full time and make just as much - I now realise that I didn't have the time or commitment to spend the time required to be succesful.

Now I play a quite a bit but realise my main income is from my business, which I am good at.
Report One Barry Robson January 14, 2010 10:39 AM GMT
Well I do shifts (as previously stated) so liek today I find myself at home before working overnight tonight.

Reading some of the other threads I think I started back on the raod to gambling when I read some of these challenge threads you know the ones.

£*** to £**** in so many days or backing 1 or more goals (or lay 0-0) type of tings. Maybe I could start one of them as a bit of fun - providing that is what it remains.

Off for a walk now to have a think about things.
Report McChicken_Sandwich January 14, 2010 10:42 AM GMT
You are a mug gambler, and you beat yourself up about it.

Pack it in.
Report Bye bye Paddy January 14, 2010 10:43 AM GMT
Good move - clear your head.

it may be good to find something else to do when not at work as boredom is a terrible thing and can lead to someone doing daft things especially with 24-7 betting now available, on line - so you don't have to leave the comfort of your own home.

What do you like doing, other than gambling in your spare time. are you looking to make a lifestyle change or are you looking for something to do - and be honest
Report buzzer January 14, 2010 11:32 AM GMT
You need to knock it on the head Barry. When money has been lost it's gone all your posts focus on getting that money back, seemingly as quickly as possible, which will only lead to more rash bets and ever increasing stakes. Pack it in, tell the mrs and enjoy the rest of your life.
Report One Barry Robson January 14, 2010 11:49 AM GMT
back from my walk now and I've been mulling over many things

1 - could back Man Utd v Hull for £3k in an attempt to win some of my losses back - this time laying them off when they take the lead (if they do of course).

2 - Back an evens shot for £1.5k. Less money risked but more money back but less of a sure thing than Man Utd

3 - Just play for fun like that dennis wise thread of the footy forum - he seems to do quite well. I could do that for smaller stakes (which seeing as you are laying has more chance than backing for me I feel). As somebody said earlier in this thread. I tend to back heavily on shortish odds when I might do better laying. I'd never back heavily much over 1.5 (Man city being the exception).
Thinking about the £1000 bets I've made they are Liverpool (1.23), Ivory coast (1.34), Benfica (1.29 last year), Barca (1.29 v Espanyol last year they lost) and Man Cit0y (1.6). So Man city and Benifca won but others lost.

4 - Give up altogether

Based on %'s I'd rate
option 1 as 15%
option 2 as 10%
option 3 as 40%
option 4 as 35%
Report buzzer January 14, 2010 11:57 AM GMT
It's frightening that you're even considering even lumpier bets than you've previously done!
If you do these bets where offers the best price? Are you only considering these because you THINK they're nigh on certainties? If you lose you may think you'll quit but no doubt you'll be back with a 3k bet to attempt to recover losses again!
Option 4 is the correct option and should be sitting at 99.9%
Report One Barry Robson January 14, 2010 12:00 PM GMT
You are probably right which is why they are scored at 10% and 15% maybe they should be lower but I just cannot believe I'd fail with another £1000 on a 1.23 or 1.30 shot, but you are correct option 4 means stress free but no profit but more importantly no mood swings, feeling crap, lying awake mulling over what could have been etc.etc

Option 3 may be fun but I think I'd be tempted to do that as well as slip into old bad habits.
Report Lori January 14, 2010 12:02 PM GMT
If I told you you had a 19% chance of having terminal cancer, how would you feel?

That's where you're going with your 1.23 shot.
Report Da Daddy January 14, 2010 12:10 PM GMT
Great advice from Lori (and others) above.

Unless you are betting with money you can afford to lose, I see a verry messy ending here! You have demonstrated several attributes of a losing compulsive gambler (and actually admitted to being "addicted" yourself). Unless you stop betting (and I think that probably means self-excluding - otherwise you are bound to be tempted at some stage when you are bored), this could very easily ruin your life. I'm talking about bankruptcy, divorce, etc...

The overwhelming advice on this thread is to give up - unless you are playing with money you can afford to lose, you should heed that advice!

Good luck.
Report baldloaf January 14, 2010 12:11 PM GMT
I think the problem youve got mate is that to lose so much in a short space of time hurts more than losing that over the space of a year, say £10 a day or something. Your thinking of quick fixes for a quick mess which invariably go wrong. Your idea of recouping long term (£7 a day or whatever) is the safest way to go although this plan isnt straightforward either as lori and others have explained.

Your vision is clouded by the large losses and can only start to become clear once you downsize stakes. After initial thoughts of 'why bother betting £20 when its only going to recoup another £30 from my losses', you will start to concentrate more on the actual bets rather than 'what happens if this one loses as well?'. The amounts will look after themselves until such time when you fall off the rails and bet big again.

Because we have no way of predicting luck, you cannot assume that one more big bet will solve everything. I hate having to reduce stakes, take time off or anything else which has the potential to reduce returns. However i tell myself that the potential to make a situation worse is greatly inflated during these times so you could argue that theoretically, i am still gaining during these times by not losing as much during bad spells.

Hope this makes sense, im not a gambler (the stereotypical type anyway) but have tried out and out betting and am offering these experiences to you.
Report Walter Mitty January 14, 2010 12:21 PM GMT
barry betfair will probably exclude you for your own good when the moderators read this thread.
if they do take it as a blessingindesguise and join the gym or find another hobby.
if its keeping you awake at night it can't be healthy

all the best whatever you decide
Report no moves January 14, 2010 1:45 PM GMT
As I said before i had a problem with drink a few years ago and I gave it up and my two friends didnt and they are dead, so in fact all three of us gave it up, the other two cant have a drink anymore either because their dead.

I thought I could not possibly give it up but I did and even if there are times when it is a bit borring not having a drink I am glad I am alive. Theres many compensations about not drinking, better health, money saved and no days in which you feel utterly appauling because you have drunk so much previously. But in truth I dont think not having a drink really bothers me that much now. I believe after a while you' ll probably wonder why not having a bet ever really bothered you.
Report Treble_Underscore January 14, 2010 1:48 PM GMT
Barry - 3 and 4 are the only options you should be considering with a strong lean on 4.

Give up mate. Chasing by backing favourites for big money can only lead to disaster. In the long run, you won't possibly turn a profit on them. Get out now and be thankful you aren't in a heap of debt.
Report One Barry Robson January 14, 2010 1:57 PM GMT
no moves

Your post is tinged with sadness but I am thanksful for your thoughts and wish you well.

I am leaning towards option 4 I must say, options 1 and 2 are no longer options and I have alot to keep me occupied - jobs round the house, watching DVD's, playing on the wii, exercise etc. plus family time when I'm off.

My partner hates the fact I'm glued to the pc watching meaningless footy sweating over bets and she doesn't really notice when I win but she can certainly tell if I have had a big loss.

The more I type these things then option 4 becomes a no brainer. Believe it or not I did switch off for a few months and didn't even open BF up, but then slowly you have a strong feeling about a match and boom it's got you again.

No bets for me today and I'm happy that I haven't lost anything - I need to not dwell on the money that has gone and keep reminding myself of the feeling if another big loss comes along.
Report RonaldinhoRAT January 14, 2010 2:00 PM GMT
back from my walk now and I've been mulling over many things

1 - could back Man Utd v Hull for £3k in an attempt to win some of my losses back - this time laying them off when they take the lead (if they do of course).

2 - Back an evens shot for £1.5k. Less money risked but more money back but less of a sure thing than Man Utd

3 - Just play for fun like that dennis wise thread of the footy forum - he seems to do quite well. I could do that for smaller stakes (which seeing as you are laying has more chance than backing for me I feel). As somebody said earlier in this thread. I tend to back heavily on shortish odds when I might do better laying. I'd never back heavily much over 1.5 (Man city being the exception).
Thinking about the £1000 bets I've made they are Liverpool (1.23), Ivory coast (1.34), Benfica (1.29 last year), Barca (1.29 v Espanyol last year they lost) and Man Cit0y (1.6). So Man city and Benifca won but others lost.

4 - Give up altogether

Based on %'s I'd rate
option 1 as 15%
option 2 as 10%
option 3 as 40%
option 4 as 35%

OMFG YOU ARE NOT LISTENING

Now im not as nice as Lori, nor as patient and articulate, but personally let me be the first to wash my hands of you, i may be the first but wont be the last, remember this post when your wife and kids leave you and you settle down to live in a hostel.
Report Da Daddy January 14, 2010 2:01 PM GMT
Barry

Unless you self-exclude (you can do this by either phoning Betfair up or I believe you can do it yourself from the My Account section), no matter how strong-willed you think you are, given everything you've said so far, you're very likely to end up where you are now before long.

Hit the self-exclude button and then you can rest more easily, knowing that temptation won't lure you back (not on Betfair at least).
Report RonaldinhoRAT January 14, 2010 2:02 PM GMT
I am leaning towards option 4 I must say, options 1 and 2 are no longer options and I have alot to keep me occupied - jobs round the house, watching DVD's, playing on the wii, exercise etc. plus family time when I'm off.

Apologies for above post good choice :)
Report The Visionary January 14, 2010 2:11 PM GMT
Barry if you read this thread again, option 4 should be over 90% in terms of what you should do.

The frightening thing for you though is that is probably a 10% or less chance of actually being the course you take.
Report One Barry Robson January 14, 2010 2:17 PM GMT
Mr Visionary

I think you underestimate my will power.

It would have been very easy to have got involved in snooker (as the previous 2 days), cricket, the 3pm football match, or tennis early doors.

I have avoided all of these and instead have played some games on the net and been out for a walk, as well as caught up with some emails.

Ok I may have won some money (I'll never know) but at least I haven't lost any.

I think me posting this thread signalled to me that I'd reached a loss that has hurt far more than £100 or £200 previously and things must stop before getting out of hand.
I hope to continue this and in a few days time I probably won't even sign in to BF.

Appreciate all the comments and I haven't taken any of persoanlly I appreciate the advice and time taken.

All the best.
Report no moves January 14, 2010 2:21 PM GMT
how do you bet? is through debit cards? Do you need cards for your every day living, if as couple you need debit cards to exist get your partner to keep them. If you personally have no way of inputting money into betfair or bookmkers accounts this form of gambling will be impossible for you to access however much you get the urge.

Avoid bookies, its my opinion that the more the money is controlled by your partner this includes cash the less likely you are to lose control.
Report ez January 14, 2010 2:42 PM GMT
If you choose option 1 or 2 (or do the same thing in the future) you deserve to lose everything you have.

Not being nasty but you have been given some very good advice in this thread and if you ignore it you are a complete mug.

You cannot make money long term betting the way you do. It is absolutly enevitable that if you carry on you will lose money.

Either stop now or just bet for fun to small stakes. Anything else is financial suicide.
Report d13phe January 14, 2010 9:38 PM GMT
Barry

you sound like a decent bloke

why don't you do something with your life

put your time and effort that you spend on here into bettering yourself.

People sometimes mistake Betfair as a way out of their normal lives. It's not

Its full of sharks waiting to screw you along with the bookies.
Report Stone Roses January 14, 2010 10:37 PM GMT
Barry, take the £3k you were planning to lump on United and take your daughter (and wife? Partner?) on a holiday. Somewhere without a laptop prefferably, and have some time away from gambling all together, and spend the time with your family. Just remember, the bottom line is there is more important things in life than money.
Report casemoney January 15, 2010 12:20 AM GMT
barry if u lost a grand on the street would you spend the next 6 months trying to find it ......?

Your an idiot get the foook off gambling sites before u destroy ur life ,u appear to be betting on
things u dont have a clue about ,u are a million
delete ur bank cards and cut them up, as for
credit cards what number is this one ur on ?
u must be struggling big time with the repayments and are hoping for a miracle
get out ,it wont happen .you will lose everything
your family ur job ur house the foooking lot ,
u will have plenty to occupy ur mind then ...
Report casemoney January 15, 2010 12:23 AM GMT
stone the 3k is the latest installment of credit he has managed to obtain he aint got two bob mate,
a bit of plastic with numbers that belongs to someone else ,and they WILL WANT IT BACK ...


get out barry and NOW.
Report thebeg January 15, 2010 12:32 AM GMT
barry,
you need a hobby,
take up fishing,takes up plenty of time and while you are doing it you can contemplate the important things in life.
ps if you want to get the losses back just lay liverpool against stoke
Report casemoney January 15, 2010 12:32 AM GMT
Does gambling prevent you from attending work or college?
Do you gamble to pass time or to escape boredom?
Do you gamble alone for long periods of time?
Have others ever criticised you for your gambling?
Have you lost interest in family, friends or hobbies due to gambling?
Have you ever lied to cover up the amount of money or time you spend gambling?
Have you lied, stolen or borrowed in order to maintain betting habits?
Are you reluctant to spend
Report Big Charlie January 15, 2010 12:43 AM GMT
There was a bloke on here about 2 years ago who was like you, he just couldn't stop.

He only posted once.

He came on here (or the horse forum) to say goodbye and to warn others.

He said he tried to dig his way out of a large loss by betting more and more.

By the end of year 2 he had lost £130,000 in cash, his house, his wife and his kids.
Report bigmo January 15, 2010 1:09 AM GMT
You have a problem.

You know you have a problem.

You have only posted because you are beating yourself up about it and feel the need for attention.

You know what you need to do.

If you can't cut your stakes massively. Stop gambling.

The vast majority of people reading this thread couldn't care less about your problem. A small percentage, sadly will be glad.

Sort your life out and stop dripping.
Report The Visionary January 15, 2010 7:24 AM GMT
I hope I have underestimated your will power Barry as you definitely need to give the game up as soon as poss.

Of course Betfair won't exclude you. You need to make any decision like that yourself.

You are just the kind of mug punter this site needs in abundance to survive. They'd love to have thousands of customers like you.

Hopefully you will see the light and make the right decision. Good luck.
Report lwaugh January 15, 2010 7:40 AM GMT
Barry you're mad, think of all the better things you could have done with that money... and whether if you did even out or make a huge profit would you continue to throw it away?

You've lost a fortune and seem to look at others and think... well they do well. But they research the market, check the stats and team lineups before betting. Lay them when they're up to garuntee a payout.

You're not dedicated enough mate.
Report Tony Broke January 15, 2010 7:46 AM GMT
best advice ever is this:

dont EVER back any team just to win, dosent matter who theyre playing, theres a few every single week..ie certs, who'll let u down, and ive noticed this over a period of around 7 years now.
Try the 1 goal plus thread on this forum, if u can start with say £100 u may be able to constantly withdraw after only 10 winning bets, keep doing that til uve recovered at least some of what uve lost
best wishes, weve all been in somewhat similar positions as urself, me inc.
Report takethestand January 15, 2010 8:00 AM GMT
forget about the money

can you face losing your partner?
Report Eddie the eagle January 15, 2010 8:51 AM GMT
Tony Broke 15 Jan 09:46


best advice ever is this:

dont EVER back any team just to win, dosent matter who theyre playing, theres a few every single week..ie certs, who'll let u down, and ive noticed this over a period of around 7 years now.
Try the 1 goal plus thread on this forum, if u can start with say £100 u may be able to constantly withdraw after only 10 winning bets, keep doing that til uve recovered at least some of what uve lost
best wishes, weve all been in somewhat similar positions as urself, me inc.




It took you 7 years to realize that even very short favourites sometimes lose ?
Report duncan idaho January 15, 2010 12:05 PM GMT
Not read the whole thread but it appears that you dont know what you are doing ie you have no advantage over the majority of other punters and certainly no edge over those that do know what they are doing. There seems absolutely no reason why you should win. Given which, you may want to reduce stake sizes. All the best
Report Tony Broke January 15, 2010 1:22 PM GMT
eddie, no! just trying to point out that in 7 yrs of being on here it never surprises me to see shorties not win, the original poster was sometimes backing teams to win, thats all.
And im pretty certain almost everyone has at some time, thought that some teams have been the original 'free' money bet...
Report One Barry Robson January 15, 2010 1:45 PM GMT
Reading the last few comments and in fact reading the whole thread again it seems to be the most sensible thing is for me to stop.

I feel that even if I tried to win about £6 - £10 per day I'd be risking about £50 quid per day to do this ie. laying correct score or laying away teams priced 5's or above.
These seem to be 8/10 winners imo but a couple in a row and I'm back to square one.
I also feel that whilst watching that match go on I'd be having a look at snooker/darts/tennis etc. and the downward spiral continues.

My partner (who knows me better than most) predicts this also and says it will be ok for about a month and then I'd up end with a bday day which will wipe it all out.

I have a good job and am happy in life but I just feel that watching sport especially when my team isn't playing holds no interest.

I enjoy the thrill of a gamble but obviously hate it when I lose (the bigger the loss the worse I feel - stands to reason really).

I'm 85% convinced that option 4 (to give up totally) is the right thing to do but I just wonder if I really kept my discipline and even set a losing limit on BF whether I could enjoy a 'fun gamble' without the big losses.

They have hit me hard and have really given me a wake up call.
Report Rugbyleaguer January 15, 2010 2:48 PM GMT
Barry while your mindset is like it is and your after a buzz, you have to stop. I lost thousands in my early years, I was an addictive gambler in every sense, I lost everything, never owned anything and would even have to walk to work as I had gambled my bus fare. Then the buzz left me, I no longer got a thrill from it, just massive downs. So I stopped like that, I then saved up for a car, went on holidays, got a house, had money in the bank for the first time in my life and more important was debt free, that buzz was bigger then any I ever got from gambling.

I bet now and for decent stakes to my income, but only on sports I know about and watch regular, mainly my username above or follow people I respect on their sports, I have no interest if it is on TV or not, the only thing I care about is making money and I do pretty well. I not perfect, but I no longer bet for the sake of it. I also get no lows anymore as when I place a bet I know long term I will do well and the bet was placed for the right reasons. When I enter the bookies now and see people running around trying to get dog bets on or filling up the machines, I pity them and realise that could still be me.

Been there mate and if you get a buzz out of gambling and it is not just now and again, you have to stop, you will never ever win long term and will have far more lows than highs, find something that really gives you a buzz, I did a bit of voluntry work to fill my days up and that give me far more than screaming at a tv all day. If I ever get that addiction back and feel the need to bet for the sake of it, I would have to stop, I could never go back to that life. Best way is don't read the racing post, go on betting forums, or any other thing that may tempt you.

GL whatever you decide
Report Walter Mitty January 15, 2010 3:00 PM GMT
good post that ^
Report Mr Ed January 15, 2010 3:26 PM GMT
Most people on here have had similar experiences. If you look at those bets, then you have to consider yourself very unlucky to have had such a poor run. You desperately want the money back and the inital temptation is to chase.

A few years aqo I chased a lot and usually got away with it. Then I blew 8k chasing. I decided to just write it off temporarily and at some future date I was going to have a huge footy or snooker bet and get it all back. I then just went back to my normal betting routine and as time passed it bothered me less and less.

Even now I chase occasionally. Only the other month I had 1.2k on Man U to win as I was annoyed at messing an earlier bet up and losing a few hundred. Man U failed to win.
Today I have backed 4 horses - all at decent odds. Everyone of them got beaten by less than 1/2 length. Very frustrating, but I know long term I will win so I have no desire to start chasing.

I know you so want that money back and can suggest something if you want to email me. However if you have decided to give up completely then dont bother.
abconno at yahoo dot co dot uk
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