At what point would you pack in yout job and become a pro gambler?

The Knight - you say "The other thing my time as a pro punter taught me is how much emotion comes into gambling and that 'paper trading' anything is a waste of time. Why? Because there is no emotion in paper trading."


Your background was betting since you were 12.......so you had acquired practice at betting for possibly a decade or two BEFORE you took the plunge and bet on dog races.

For someone like me who did not spend time in bookies, other than an occasional bet on DERBY or GN , over 30 years NOT BETTING in any "serious way", then "paper-trading" was necessary for me to get used to selecting bets race after race ( horse racing...not dogs) until I got better and better at it.

Everyone's circumstances are not like yours.........and you seem to contradict what you say in that .....you are wasting your time paper trading because there is no emotion in it!!!

Surely you are "best" not to have "emotion" involved when betting....therefore "paper-trading" is a very very useful way to learn about betting and strategies etc.

Until you have put a lid on "emotions", then surely you are unlikely to be successful at betting.

The psychology of betting with small amounts of money and with a far bigger bank is completely different IMO, and probably this is why most people lose at betting ( other than having no edge). They may well have an "edge", but they are likely to lose because they are not satisfied with say £20 profit from £200 bank in a day ( 10% up)......whereas some one with £2,000 bank feels far better making £200 on a day, and is less likely to "go in again" to try to make more profit on a race where generally they know "it is not clear", or shape of race is dodgy etc etc, the person with £200 bank usually does bet on that race.........and probably loses on the day part of their bank!

Think you are too critical of "paper-trading" as being a "waste of time"..........as learning to control emotions I would have thought is essential to winning from betting. It may have taken me over 5 years on here to get used to betting ,and all the psychology that is part and parcel of it...........and "paper-trading" was important to me not, as I did not have the "day in ,day out"practice at betting over decades like you probably did before you went "pro".

WD though on being successful at it....and honing yourself for being successful in business .

GL with bets ....and business

my mate is 'PRO' bettor on hear, earns up to a pony a day

Mortgage paid off, and 50k bank.

its great to see a post like this no **ing just diff pionts of view we would all like to (live the dream) and as far as i can make out theres no 1 right way of doing it so thanks to all those who have posted

you cant say b.i.t.c.h.i.n.g ?

DFCIRONMAN

Interesting reply.

What I don't understand is how emotion can be controlled unless you first experience it.

The afternoon I made a mess at Hackney Wick could not have been reproduced paper trading. Paper trading would have given me 3 winners from 7 bets and the impression the game was easy.

But doing it for real is so very different.

It is because I allowed emotion to creep into my betting so many times I can now control it so well.

I know how to stand back, take a deep breath and either keep betting or stop for the day. I never ever chase and never will again having done it too many times for comfort many years ago!

However, a gambler with no emotion at all will not enjoy the game, so there is no definitive answer here.

Overall, though, different strokes for different folks.

BTW to anyone who has enjoyed how this thread has had some intelligent posts on it - believe it or not, that's how the forums used to be. In earlier years I learned a lot of stuff here but now it is mostly rubbish.

Good luck all.

Threads like this one is why i joined. Just making my way in the trading world.

The Knight 22 Feb 19:09


DFCIRONMAN

Interesting reply.

What I don't understand is how emotion can be controlled unless you first experience it.

The afternoon I made a mess at Hackney Wick could not have been reproduced paper trading. Paper trading would have given me 3 winners from 7 bets and the impression the game was easy.

But doing it for real is so very different.

It is because I allowed emotion to creep into my betting so many times I can now control it so well.

I know how to stand back, take a deep breath and either keep betting or stop for the day. I never ever chase and never will again having done it too many times for comfort many years ago!

However, a gambler with no emotion at all will not enjoy the game, so there is no definitive answer here.

Overall, though, different strokes for different folks.

BTW to anyone who has enjoyed how this thread has had some intelligent posts on it - believe it or not, that's how the forums used to be. In earlier years I learned a lot of stuff here but now it is mostly rubbish.

Good luck all
=======================================================


Hi The Knight......I am not saying that no emotions are felt when I am betting........but "paper-trading" just gets you used to making "good" selections regularly enough to just be "confident" that by making "good" selections often enough this will counter losses when they come along.

Today I experienced a couple of losing lays in a row that cost about £600........one of the races was a short field race and I know I should not have bet on that race, but because there were fewe races to bet on ....I "took a chance" and layed one ....and it lead all the way with soft lead and held on to win........Just a bad decision by me .....not "controlling" my choice of races. The other loss was me getting it "wrong" which will happen now and then. Getting 2 wrong in a row did effect me initially, and I probably over staked the next race......though having said that I felt the selection was very very unlikely to win....and it did't.

However, after clawing back some , I just continued to make selections and staked according to how i viewed the value of bet on each race. I did get another lay "wrong" ......and it was my first losing day in last 14, so a loss of only £ 161.87 by end of day was OK ....and I was not too annoyed, as I have won about £2,000 the previous 13 betting days from horse racing. If you get used to winning , you got to get used to the occasional losers..........knowing that a loss can be clawed back over a few days if you keep the standard of selections "good" and staking controlled.

I don't think anyone definitely knows for certain when they are reacting to a loss or not.......but you got to make sure if you do place a large bet on, that there are a number of factors why the lay selection should not win.....and as long as the size of field is not SMALL, then doing a larger stake bet is ok .....IMO. My bet size can vary quite a bit ....just depends on how strong my opinion is on a race.

I don't get "highs" from winning, as I am used to winning......and the satisfaction of winning is sufficient to get enjoyment out of being "right" far more often than being "wrong". So emotion is there ....but i try to keep it out the way of making a selection, as concentrating on each race tends to put a loss away at back of brain........though I am also sure that I probably expose my bank a wee bit more after a loss of over £300, than say losing under £200.

Here is today's P & L for racing......am I showing signs of "chasing" .......don't think I was too bad today considering 2 hits in a row..........



Horse Racing: -£161.87



Horse Racing Showing 1 - 15 of 15 markets

Market Start time Settled date Profit/loss (£)
Horse Racing / Wolv 22nd Feb : 7f Hcap 22-Feb-10 17:55 22-Feb-10 18:00 31.71
Horse Racing / Wolv 22nd Feb : 7f Mdn Stks 22-Feb-10 17:25 22-Feb-10 17:29 23.06
Horse Racing / Ling 22nd Feb : 1m4f Hcap 22-Feb-10 17:10 22-Feb-10 17:16 63.43
Horse Racing / Wolv 22nd Feb : 1m1f Hcap 22-Feb-10 16:55 22-Feb-10 16:57 92.26
Horse Racing / Ling 22nd Feb : 5f Sell Stks 22-Feb-10 16:40 22-Feb-10 16:48 -170.81 Horse Racing / Wolv 22nd Feb : 1m1f Hcap 22-Feb-10 16:20 22-Feb-10 16:24 144.15
Horse Racing / Ling 22nd Feb : 6f Hcap 22-Feb-10 16:05 22-Feb-10 16:10 22.26
Horse Racing / Wolv 22nd Feb : 1m1f Mdn Stks 22-Feb-10 15:45 22-Feb-10 15:51 193.80
Horse Racing / Ling (F/C) 22nd Feb : Forecast 22-Feb-10 15:30 22-Feb-10 15:38 -6.00
Horse Racing / Ling 22nd Feb : 7f Hcap 22-Feb-10 15:30 22-Feb-10 15:36 -256.80
Horse Racing / Wolv 22nd Feb : 1m Sell Stks 22-Feb-10 15:10 22-Feb-10 15:13 -342.02 Horse Racing / Ling 22nd Feb : 1m Hcap 22-Feb-10 14:55 22-Feb-10 15:01 18.26
Horse Racing / Wolv 22nd Feb : 5f Hcap 22-Feb-10 14:40 22-Feb-10 14:42 23.06
Horse Racing / Ling 22nd Feb : 1m Mdn Stks 22-Feb-10 14:25 22-Feb-10 14:31 -25.14 Horse Racing / Wolv 22nd Feb : 1m4f Hcap 22-Feb-10 14:10 22-Feb-10 14:16 26.91


Think by the last few races the bets are OK........on a day where I feel there was 1 race I should not have touched.......but i did , so must pay for my own stupidity.


Probably only the BOT users don't have too much emotion ..........whether they don't like betting day in day out will depend on how much they are making probably!

Gl with bets.


BTW ...looks like my football bets will more than cover loss for today above....so no damage done to confidence or bank. Mind you if finishes 2-2 in VALENCIA game ......i will be :( ...as now 2-1 .....

YUP ....there was "emotion" watching the finish of that match.....I am not a bot yet :D

At what point would you pack in yout job and become a pro gambler?

never ...

subversion 22 Feb 01:09
i can't remember which other poster pointed this out (years ago), but its a good point

anyone who has the intelligence, insight, patience, discipline, etc etc, to excel at being a pro gambler, probably has the right skillset to excel in a number of different fields (and earn very good money doing so)

so the very fact that you are capable of being a pro gambler may mean you would be giving up huge opportunities elsewhere

_______________________________________
you would think so ,but who would offer you a good job on the strenghth of being a fantastic gambler regardless of how clever you are ?

thats not what i meant coach

anyone who has the intelligence, insight, patience, discipline, etc etc, to excel at being a pro gambler, probably has the right skillset to excel in a number of different fields (and earn very good money doing so)

so the very fact that you are capable of being a pro gambler may mean you would be giving up huge opportunities elsewhere

possibly so, but there's only so much of being ordered about and dictated to by loud mouths that someone who has the intelligence, insight, patience, discipline, etc etc, to excel at being a pro gambler will take

The Knight 22 Feb 19:09


DFCIRONMAN

Interesting reply.

What I don't understand is how emotion can be controlled unless you first experience it.

The afternoon I made a mess at Hackney Wick could not have been reproduced paper trading. Paper trading would have given me 3 winners from 7 bets and the impression the game was easy.

But doing it for real is so very different.

It is because I allowed emotion to creep into my betting so many times I can now control it so well

bit of a contridiction there you say there is no emotion in paper trading, but you blame the fact you allowed emotion to get in the way of your betting that day.
by the way i did think your first post was an excellent insight to a pro gambler so not knocking you in anyway.

but i would say that paper trading is the only way to go if you find a market that has holes in it.
i found one last year and have paper traded it since then,
but if i had bet on it i would have dumped it the first month,
i started with a paper bank of 5k, end of the first week it stood at 4k
when i first came across this, it appeared very good so i thought, just watch it.
agreed there is no emotion when settling the figures at the end of each day.
but where the real buzz comes is looking back at all the figures over a period of time and seeing the blips are very small, its now 530 points up. and having paper traded it i realise that the market is way in my favour.

subversion 22 Feb 23:36
thats not what i meant coach

_________

maybe not, but one set up skills cant be transferred elswhere .

A good doctor would probably make a terrible airline pilot

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i guess you've never heard of 'transferable skills' then coach

they exist. just read Knights post for a perfect example

sure some are, but where remote judgement or superskills ar required e.g to be a pro gambler ,professional footballer, inventor,pro boxer,heart surgeon ...then at that level it is debatable if skills are transferable ..... maybe between 'learnable' trades ...ie a plumber becoming a plasterer or a teacher becoming a train driver,yes.

remember ,there are less than 400 people in the UK who collar more than 30k a year through gambling . There are in fact more Premier league footballers .

u pro coach?

coach, as i said, that wasn't what i meant

i was referring more to opportunity cost than being able to have 100 different careers, which is the way you seem to have interpreted it, and which is obviously nonsense

Coachbuster 23 Feb 00:35


remember ,there are less than 400 people in the UK who collar more than 30k a year through gambling .

That's an interesting stat, I imagined it would be far higher, have you got any references to that at all please?

Coachbuster 23 Feb 00:35
remember ,there are less than 400 people in the UK who collar more than 30k a year through gambling . There are in fact more Premier league footballers .

That is interesting. Where is this data from? I assume the figure 400 applies to those who have consistently earned 30k+ over x years.

Obviously there will be thousands who have made more than £30k in the last year, purely due to luck.

i assume you are not one of them investor.!

took £7k voluntary redundo at last job in october

hated it there big high street retailer

i worked in distribution warehouse doing mon-fri 7.5 hours day 37.5 week

prob would of stayed a bit longer but recession
the money men upstairs thought lets cut costs so now would of been

any 4 days from 6 rotating including any 4 sundays from 6 and 6.00 am start and also boxing day bank holiday taken off you for no cost and rotated out so for me would of had max of 3 boxing days off if stayed there for remaining 18 years

horrible bullying atmos there from management team leaders etc
terms and conditions being taken away with union doing nothing to help stating jobs could go blah blah blah

was and still am making loads through various methods arbing trading stats etc and i am better off money wise but tend to do 8 hour days most days especially saturdays sundays midweek less so depends whats on

but i can do what i want when i want and pay no tax no n.i. etc
and i can take i break when i want and its warm at home not like a warehouse and as this as been the coldest winter in my life i am glad i left i feel better physically and mentally

what sort of money you makin on here duke.?

top post duke, i think many of us on here can relate to your experiences

Pretty sure that Clydebank was the person who specifically said about the gamblers being the type to have the ability to do many jobs.

Duke - but i can do what i want when i want and pay no tax no n.i. etc

It may be worth your while paying voluntary (class 3) NIC (about 12 quid a week I think) which would mean you don't lose your right to a state pension (how long did you pay class 1 NIC?).

I've always been self employed so pay class 2 NIC (£2.40 a week - paid quarterly), so thinking about it you would be better off registering as self employed and paying class 2 NIC. Anyone can register as self employed, think of a business and off you go, you don't have to make a profit. :)

There won't be a state pension by the time most of us get there, even us old 'uns.

Fair point, but 125 quid a year is a cheap enough hedge I guess.

Coachbuster 23 Feb 00:35
remember ,there are less than 400 people in the UK who collar more than 30k a year through gambling . There are in fact more Premier league footballers .

How do they find this out?

I've certainly never filled out any form stating my occupation....lol

sophiep,

As this thread has received some more interest I felt I wanted to clarify my point about emotion and paper trading.

I still cannot see how paper trading where there is no emotion is a fair test.

I have given a big example (the day at Hackney Wick) where emotion spoiled my betting and turned what would have been a winning afternoon into a losing one.

As a result of that day, and many, many others over the years, I managed to get the very destructive emotions associated with losing under control. That would not have been possible with paper trading.

Now, I will accept that gambling for real with no emotion is a pretty good way to go but then things will become so mechanical I suspect intuition and 'feeling' will be lacking.

So, what I am clumsily trying to say is that I don't think emotion can be completely elminated from gambling but it must be controlled. From what I see on here, that control is often lacking.

Paper trading is a terrific way of seeing if an edge works in itself but a poor way of seeing if the owner of the edge can execute it successfully.

The problem on here is that too many posters just don't have enough experience of punting (or possibly even life) to understand that winning at gambling is 2 steps forward 1 3/4 steps back, 2 steps forward 2 steps back, 2 steps forward 1 step back etc. etc.

Gambling involves ebbs and flows and as long as at the end of a reasonable period you are in front that is all that counts. It is dealing with the times you slip behind that are critical.

Perhaps I do contradict myself a bit but there are no hard and fast rules for pro punting and, I believe, the skills for someone who makes a go of it are definitely transferable.

I laughed at the post which said if you have enough of the right qualities to succeed at punting would you want to be ordered around by a loud mouth at work all day!!

I thought that was very true and very relevant because today, although I am self-employed, I have to go off to Essex from where I live in Yorkshire to put up with a client who is an idiot of the highest magnitude. I will be with them for three days and will drive back Thursday or Friday having to control my emotion about wanting to tell them to insert their business where the sun never shines...

So, there is no escape!!! Wish me luck.

..Another good post that will probably be ignored.

8.5k tax free in four months sounds like a pro income to me!

Dear The Knight

Just read your latest post. Regarding our meeting in Essex this week,.....

Those do seem to be gigantic swings for a pro gambler.

I've always found the income to be far steadier than that, although I'm obviously operating to a much wider margin and much smaller actual profit than you're used to.

I've never really had a big problem with the mental side of it, at least when placing/analysing bets. (Anyone who knows me though will tell you that I'm far worse than average when it gets to the point when it's now out of my control and I have to watch and wait, stuff like betting basketball halftimes, or laying bets in low liquidity markets, being all in preflop in poker would all be in that category)

I've also never really had an issue with the ups and downs and it being my income. When I have a few losing weeks in a row I sometimes have to suck it up and go back to working out if I still have an edge or not, and sometimes that's a confidence drain, but it usually only lasts a few days at most while I get back to basics and remove any floweryness (if that's even a word) from my betting.

I'd also dispute that the ups and downs are tougher when it's for an income, although I'm not sure I was a winning gambler for much of the short time in life where I had an income so maybe I don't have much to compare with. You have far more time to analyse stuff when you're doing it exclusively and far more time to convince yourself you've made the right bet. (or work out you've made the wrong one of course, which I also find reassuring. It's when I have no idea i get frustrated)

If you make the right bets, you'll win in the long run, for me that removes the emotion in the long run, although as stated before, the short term passion when someone misses a winning putt/forehand/double/pot is probably as violent in me as in anyone.
The vast majority of the time, 10 minutes later though and it's back to research, thought and analysis

I think there's a perception that to be a pro gambler you have to be winning 6 figures a year. For me, if it pays for the bills and for a holiday or two, that puts it at least equal to any other job, even if that's not the ideal or dream outcome.

Regarding the fun side of it, I remember being asked in a casino when losing on some fruit machine many years ago....

Observer: How would you rate this as a job?
Lori: Four out of ten
Observer: Then why do it? You could clearly do much more with your life.
Lori: Four's as good as it gets.

I stand by that to this day.

Super last few posts, especially The Knight summing up where most very good judges can go wrong

I actually remember you doing that info swap thing now you mention it.

Horse racing is about the only thing I barely touch so it makes a lot more sense now that it would be massively volatile compared to my instincts when you only have one or two days a week to really make your money.

I'm "lucky" enough to be a jack of all trades/master of none type, so I can get up and at 'em whenever I'm ready.

Lori 23 Feb 11:39
Regarding the fun side of it, I remember being asked in a casino when losing on some fruit machine many years ago....

Observer: How would you rate this as a job?
Lori: Four out of ten
Observer: Then why do it? You could clearly do much more with your life.
Lori: Four's as good as it gets.

I stand by that to this day.

You're clearly good at what you do, but I think that is a horrible outlook on life.

As you pay PC, your strategies are almost certainly outstanding. I don't understand what is stopping you reaching much higher profit levels?

It's certainly not a good outlook, but I've always hated working for people, whether it was school, college, university, jobs, anything. The bit of me that tells me to do what people ask, without question, is simply missing or something. I'm not proud of that. I have no respect at all for people just because they're a higher rank than me (I have a lot of respect for a lot of people, it's just that their ranking in society rarely matches my ranking of them) and I'm not willing to tolerate what they think I should. As you've probably gleaned, I'm also pretty opinionated, which doesn't serve well either.

As to the profit levels, a lot of my stuff is in very low liquidity markets so I would gain very little by having a bigger bankroll. I could probably have made a lot more money a few years ago when there were bigger edges in bigger markets on a regular basis, but I was a compulsive gambler in my younger days and wanted to be more than sure of myself before I started to push the stakes up (hence me starting with almost no money rather than depositing chunks).
These days the margins are tougher and I find myself working harder and harder. I think my income pretty much matches my expenditure too... but I don't think that is making as much difference as it may seem.

I do work very hard though and if I ever do find another big edge I'll press it heavily next time around. It certainly beats kissing someone's backside in the hope of them giving me an extra tenner a week.

I have a similar outlook Lori. The thing with me, and i'm not saying my view is correct and suits everyone, is that i spend a lot of time betting/studying/reviewing and i'd hate, and probably wouldn't be capable of, working a 30 or 40 hour week then coming on here to put in another shift.

Good thread this. My best tip would be to make sure you get plenty of exercise and fresh air when you can.

Having not been able to do my usual routine due to having the kids off last week, and having just been for an hours walk and a 45 minute swim (at last) i've just twigged why I was so ratty last week!

It's vital to keep the ole grey matter sharp.

Coachbuster 23 Feb 00:35
remember ,there are less than 400 people in the UK who collar more than 30k a year through gambling . There are in fact more Premier league footballers .

That is interesting. Where is this data from? I assume the figure 400 applies to those who have consistently earned 30k+ over x years.

Obviously there will be thousands who have made more than £30k in the last year, purely due to luck.

_______________________

I have googled info on this and attained a rough figure over the years ,some of which relates to the USA where gamblers are taxed ,so my figure could be conservative. On here alone i am sure there can't be many more than 200 consistent winners making that sum,and this site would appear to be the prime spot for pro's ..
I can't see many making consistent sums anywhere else . Maybe a few pro Poker players from USA ?

There must be many more poker pros than Betfair pros.

Lori .... i don't know for sure, but with Poker i guess it's a dog eat dog situation ...ie many huge winners claiming the big prizes ,but not too many claiming a living

Betfair seems to be a more even playing field , because of the number of different markets available

Coachbuster, I believe that if you take all profitable betfair accounts (let's say profitable over 3 years or more), a very high concentration of the total profits would go to the top 5 or 10 percent of customers. For instance the top 5% of winners make more than the other 95% combined.

Just guessing though, as there are definitely some individuals / companies active on here making £1M+ per year.

Lori 23 Feb 13:57
There must be many more poker pros than Betfair pros.

Easily!

I think there's a perception that to be a pro gambler you have to be winning 6 figures a year. For me, if it pays for the bills and for a holiday or two, that puts it at least equal to any other job, even if that's not the ideal or dream outcome.

^^^sorry Lori ,that was youre post from earlier ...that was added as a mistake .

and i agree that yes , too many people think to be a pro is about 6 figures which ive never really been able to fathom .....surely its all down to what sopmeone earned previously

Unless things have changed radically in the last 4 or 5 years (and the game has certainly got a LOT harder), there is room in poker for thousands and thousands of pros worldwide.

There are probably around 300-400 thousand people playing online at the moment (I could check, but I wont, that figure won't be miles out) and about 5% of them will be long term winners.

I remember when paradise poker had 2000 players and was the biggest site, it had a playing pool of half a million accounts. The mind boggles as to how many accounts must be out there now!

If only 1% of the 5% are winning enough to be pro, and conservatively we say there are 10 million players, that's still 5000 pros!

Might be a bit of jiggery pokery (pun intended) in those figures, as the pros are more likely to be the active accounts of course.

The Investor 23 Feb 14:04
Lori 23 Feb 13:57
There must be many more poker pros than Betfair pros.

Easily!

__________

So they must work of all the different internet Poker sites ? There must be a good few sites in which case .

I understand there are a lot of foreign pros over in the UK because of the tax situation ,but ive never been able to find out how many . Anyone know ?

Lori , agree ,but how many of them live in the UK ? 5% ?

Investor ... what gives you this impression though ? ...edges get wiped out on here all the time .

quality thread, some great info

Great thread

The Investor 23 Feb 01:

Obviously there will be thousands who have made more than £30k in the last year, purely due to luck.

______________

absolutely Investor .... a huge winner one year can be in the gutter the next if the discipline goes AWOL ,which is where BF are really making the PC pay ;)

coach you might know.? actual % of people that have paid pc

Pistachio , before the PC was extended to lifetime accounts there were around 1,200 i remember reading .

I''d say the vast majority would have been making 170 or more a week , but obviously those making 170 -400 pw would be far higher than those in the 401- 600 bracket naturally .

So i'm guessing the amounts over 600 would be miniscule .

Still ,its all conjecture until BF publish a league table :D

Yes coach , would be nice if betfair could publish some stats

Coachbuster 23 Feb 14:37


Still ,its all conjecture until BF publish a league table :D

i remember in the old days when flutter used to post up the big winners for the week , think play121(?) used to publish figures too, and was always the same accounts week in week out

Probably some Data protection law in force these days ,Joe :)

It hardly seems worth all the bad publicity and the risk of people moving to purple if those were the figures coachbuster. If betfair take £5m a year from pc and there's around 1,000 people paying, the average pc payer might be making at least £600pw.

Interesting that flutter used to do that.

Data protection isn't an issue as they could publish the winning amounts without divulging who won them.

Okuma 23 Feb 15:54
It hardly seems worth all the bad publicity and the risk of people moving to purple if those were the figures coachbuster. If betfair take £5m a year from pc and there's around 1,000 people paying, the average pc payer might be making at least £600pw.

I expect that the difference between mean and median weekly profit for PC payers is quite big, due to a handful of people making huge amounts.

Yes thats probably the case Investor. Although I think that with the amount of markets available and all the different angles and margins to exploit, there must be more pro punters than ever. But most are probably a lot different from the conventional pro gambler.

Didn't Mark Davies recently declare that nobody in the uk was making a living from gambling?

as if...

Need two incomes these days, work and hobby earnings!!

Didn't Mark Davies recently declare that nobody in the uk was making a living from gambling?

http://site.forum.betfair.com/jive3/betex/ThreadsFrameset.jsp?forumID=32&threadID=2105062

yoyo 13 Oct 18:19
todays evening standard(tuesday 13th)

Mark Davies MD. when asked if anybody makes a living on betfair.

"there are very few people who are consistently profitable and
NONE of these people are in the UK

"consistantly" might mean no losing markets? its vague enough to mean whatever you want i think

it must mean over the course of a year plus at least

i'd hope so anyway

but i don't believe the statement anyway.

in fact is it not misquoted?

dukeofpuke 23 Feb 01:34


took £7k voluntary redundo at last job in october

hated it there big high street retailer

i worked in distribution warehouse doing mon-fri 7.5 hours day 37.5 week

prob would of stayed a bit longer but recession
the money men upstairs thought lets cut costs so now would of been

any 4 days from 6 rotating including any 4 sundays from 6 and 6.00 am start and also boxing day bank holiday taken off you for no cost and rotated out so for me would of had max of 3 boxing days off if stayed there for remaining 18 years

horrible bullying atmos there from management team leaders etc
terms and conditions being taken away with union doing nothing to help stating jobs could go blah blah blah

was and still am making loads through various methods arbing trading stats etc and i am better off money wise but tend to do 8 hour days most days especially saturdays sundays midweek less so depends whats on

but i can do what i want when i want and pay no tax no n.i. etc
and i can take i break when i want and its warm at home not like a warehouse and as this as been the coldest winter in my life i am glad i left i feel better physically and mentally

just replying to earlier posts

made an absolute killing on wales france game arbed every bet made over £200 could of lost £2000 if wales after being 20-0 down would of won IF NOT ARBED score 20-26 the 2nd half total diff game from 1st

i would rather have £200 than £2000 down

well done......just look at the ridiculous threads ....eg.....£20 to a zillion......there are always one or two good bets per day ....just use your judgement...if they lose ..close keyboard...too easy to chase...........yesterday i thought tom tara a great bet....but 9-2 thought it should be shorter so didnt back it came home ...saw it had won ...lol.

crediter, if the price was 9-2, and you thought it should have been shorter, you should have backed it

duke good luck to you mate i"ve been at royal mail 22 years and just praying i get offered v.r within the next 12 months it is without doubt the worst company for bullying in the world as for being a pro for me if i made anywhere near what i earn being a postman i would more than happy

p.s i take home 260 per wk for 6 days slave labour

postmannick 27 Feb 12:04


p.s i take home 260 per wk for 6 days slave labour



An extortionate salary for one without any talent or qualifications.

ican ...fick off moron

Spoken like a true chav princess lol.

Royal Mail will employ anybody these days !

when i want your opinion i"ll shake a bag of nuts ..tw@t

Push off,and post some additional mail.

postmannick 27 Feb 12:04


p.s i take home 260 per wk for 6 days slave labour



My son gets more pocket money than that.

ICANTSTANDTHISFORUM ,Did you fail your Post Office exam or something?

No,it's just that postmannick and I have locked horns in the past.

The guy is very quick to extract the urine,and I don't forgive and forget easily.

Fair do's

but you ruined a decent thread with your pathetic**ging on an annoymous internet forum

A simple tip,if you don't like part of a thread ,just skim over it.


Nobody is forcing you to read it.

Dlarssonf,another simple tip - a little punctuation goes a long way.

a tip for you, I am not looking for grammar lessons on a betting forum, but thanks anyway

Dlarssonf,please try and refrain from acting in a petulant manner.


Reading your post,it would also appear that you were reluctant to take a lesson in Grammar from your teachers either.

i am not the one**ging of a person's wage on an internet forum, enjoy your day

Dlarssonf, I think you should reserve judgement until you are aware of both sides of the argument.

Happy punting.