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Another wannabe pro thread :)

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Replies: 66
By:
Eddie the eagle
When: 11 Feb 10 06:33
Duncan, can you give me a reason why I'm destined to fail here? I'm well aware it's going to be difficult to make a living from gambling but if other people can, why can't I?

A bit harsh from Duncan there , but you are only 19 and obviously don't have much experience.


I can see why alot of people prefer to have a smaller amount of bets, but there are alot more opportunities in the place rather than the win market that I would consider 'strong bets'. Plus with I/R a chance can present itself in almost every race.

Young people are also usually a little naive and I think that it shows when you think that you will get plenty of I/R chances when you know that there are hundreds of people watching with faster pictures than you.

That said , I think you should go for it. You still live with your parents and are very young so it's no disaster if you don't make it.
By:
Johnny Wad
When: 11 Feb 10 06:56
good luck JetLoneStar - we all need some of that. unlike some here I believe that £900 every month from a £2500 bank is easily do able but you would really have to put the time in where it matters. i.e. hours and hours of studying the form to get the value from the race.

You also need a clear strategy which you don't seem to have because you state you play in running in the first part of the race but then say you play US tracks where there is no in running.

Other than that I agree with eddie, go for it you are only young and have plenty of time to start other careers if it doesn't work out.

keep us updated on your progress
By:
JetLoneStar
When: 11 Feb 10 12:16
'but you are only 19 and obviously don't have much experience'.

I can assure you experience / knowledge isn't be a problem.

I'm going to be more selective today and see how I fare although playing more races has served me well in the past; We'll see.

Thanks for the input / gl / advice.
By:
buzzer
When: 11 Feb 10 12:19
If you have an edge the more bets the better
By:
big aitch
When: 11 Feb 10 13:11
is this I quit my job MK2?
By:
buzzer
When: 11 Feb 10 13:12
iqmj has been posting today on onions thread
By:
buzzer
When: 12 Feb 10 11:57
How did you fare using a conservative strategy?
By:
buzzer
When: 13 Feb 10 23:04
Surely you haven't done the 2.5k already?
By:
DaveEdwards
When: 13 Feb 10 23:11
JetLoneStar 11 Feb 13:16

'but you are only 19 and obviously don't have much experience'.
I can assure you experience / knowledge isn't be a problem.
I'm going to be more selective today and see how I fare although playing more races has served me well in the past; We'll see.
Thanks for the input / gl / advice.
.............................................................................

Good luck JetLoneStar. If I can make an observation. You are changing your selection strategy within a couple of days of starting this thread. I'm not saying high or low volume is right or wrong in this situation, but I do think you need to think things through a little before you proceed much further.

Hope it works out.
By:
cpfc4me
When: 14 Feb 10 02:18
Duncan, can you give me a reason why I'm destined to fail here? I'm well aware it's going to be difficult to make a living from gambling but if other people can, why can't I?

The one reason you will fail is because you do not have an edge. Some people do, but however much you want it to apply to you, it won't without a lot more time and effort. You have a lot to learn.

http://green-all-over.blogspot.com/2008/06/full-time.html
By:
DaveEdwards
When: 14 Feb 10 06:21
As the Palace lad has just said I think you may perceive that you have got an edge, but have you really? How have you reached this decision? Have you proven to yourself that you can do this over an extended period of time? Rhetorical questions of course.
By:
DaveEdwards
When: 14 Feb 10 06:22
Also your use of language in the thread title gives a little away.

Another wannabe pro thread. If you are still thinking as a wannabe then perhaps it is a little early to take the plunge full time just yet.
By:
YoungDuncan
When: 16 Feb 10 16:36
How are you doing ?
By:
buzzer
When: 19 Feb 10 13:09
Did the discipline issues you alluded to take hold?
I don't want to mock you Jet but i think you should come back to the thread and say what happened, your daily p and l only lasted one day so people will think the worst but it can help to post 'disasters'. I had numerous heavy losses and came to the conclusion i should share my ups and downs with someone else who could possibly be affected and so on a monthly basis, for many years now, my wife goes through the accounts on a monthly basis and it ironed out my discipline issues. I, obviously, still have losing bets but the ridiculous, red mist bets were soon cut out, it can make you think twice before deviating from your plan when things aren't going well.
By:
Tightfisted
When: 19 Feb 10 13:20
I think Elvis has left the building.
By:
kenilworth
When: 19 Feb 10 13:22
17 place bets in one day seems like a guesser.
By:
oldbean
When: 19 Feb 10 13:24
another 1.01 sunk!!
By:
buzzer
When: 01 Mar 10 19:14
this must have been the shortest 'daily p and l' to be posted on the forums jet
By:
Coachbuster
When: 01 Mar 10 20:55
tobermory 10 Feb 01:39

To realistically expect to average £900+ a month winnings you would need a lot more than 15K imo.

___________-

Tobers ,you speak a lot of sense and wise words indeed...but the bit above is just not true .

To gain an advantage of 500-600 per week (or 2,200 a month) you need a bank of no more than 7,000 if you are clever enough .
By:
Coachbuster
When: 01 Mar 10 20:58
Jetlonestar ..as for moving to Spain is concerned ,I would check the tax and domicile situation
By:
duncan idaho
When: 02 Mar 10 09:25
Where'd he go?
By:
Mr. Memory
When: 02 Mar 10 09:44
If it starts to work out.....................remember that the 20% Premium Charge will kick in & ruin you.
By:
Mr. Memory
When: 02 Mar 10 09:44
If it starts to work out.....................remember that the 20% Premium Charge will kick in & ruin you.
By:
u25k
When: 02 Mar 10 09:48
Bank size is relevant only if your strategy demands. For the strategies I follow bank size is totally irrelevant. So it is possible to make more than 1k from a bank of 1k in one month.

I averaged 7k per month over last 5years maintaining a betting bank(not total bank) of 1k to 2k (sometimes more if Idon't make withdrawls of profit).
By:
Facts
When: 02 Mar 10 10:22
JLS - utter utter nonsense!!
By:
claretbob
When: 02 Mar 10 11:32
i take it he blew his whole bank
By:
hammer83
When: 02 Mar 10 14:56
Tbf to the lad he is only 19 enthusiasm lost to naivety he won't be the last.
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