What a mess

£1000 on an african nations game?

how many shifts does it take you to earn that?

Take a break. You know that you can win, just at present, fog has descended. Just wait unil its clear again.

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).

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

obviously you know you're putting far too much on each bet??

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

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.

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.

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.

hope you're not in the betfair casino trying to win it all back...

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.

Barry, my advice is simple: get yourself excluded before you completely destroy your life.

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.

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).

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.

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.

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

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.

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.