General Betting
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I promise not
I promise not
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Replies: 73
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You still tryin to get a loan of 100K or something ?
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yeah, can u lend me 250k?
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What would be your collateral ?
Your no-fail system ? |
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If you give me 250k i will give u 300k back after one football season. That's a 20 percent return on your investment.
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And if you don't.?
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Shouldn't be a problem. Do u want to transfer the money now?
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Froggie, I still don't see why you have the need to gamble. You are living in the West Indies, sitting on a pile of money. You spend your afternoons swimming around the pool. Why do you want to waste your time gambling and throwing your money away?
Surviving through gambling is not simply about depositing £5k in Betfair and betting. It is about cash flow problems, resisting the temptation to "free up money", going to the bank to empty savings accounts, just so that you have funds to keep on laying a horse or a team. And Premium Charge: In practice almost impossible to predict its effect. How can you plan future profitability when that is hanging over you. Maybe its just me, but I don't understand your mindset. |
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I understand his mindset perfectly. He has read one too many books and armed with his newfound knowledge has arrived on General Betting with a fabricated story with the purpose of extracting as much information as he can whilst trying to give the impression that it's two-way.
This scenario is a hundred times more believable than the one he presents. The truth may be somewhere in the middle but it doesn't really matter because his attitude is such that people just don't believe what he says. |
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Hello Rocket.
Boo . Gee I hope I didn't scare you too much. Come on. Please get out of this quite ridiculous mindset you have developed about me. It really is a bit too stupid for words. |
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Maksman
I'm only on here presenting opportunities for people to debate things, but only if they want to , not have to, as our other overly paranoid fellow poster seems to be suggesting. As far as my own gambling is concerned, it is essentially recreational, but that doesn't mean that it has to be reckless and stupid. I'm interested in hearing our others, better than I will ever be at it, approach things. But I don't take too much I read on here too seriously, in fact I take most with a pinch of salt, but I do think some others do tend to believe all they read about easy success in gambling on here and elsewhere etc. They think that for some reason the rise of BF has now made the whole world of professional gambling accessible to any and all. You know that is not the case, and I know too, but do all ? They're perhaps the ones you should be more concerned about with your well meaning, and brutally truthful, last post about the "real" world of gambling for most trying to earn a living from it. I appreciate your apparent concern about me though. Don't worry I'll survive it all. Btw what did you think of Compound Magic's opposite type tale earlier in this thread? Pretty good read. You're a geegee man I know. I would be interested to hear your take on it . |
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I've been thinking a bit more about why Rocket is so suspicious of me and my motives for posting on here.
Whilst I have quite obviously pushed some strangely wired button in his mind, and I'm damned if I know what it is, perhaps I have done the same in others. Basically I have a lot of free time on my hands ( too much truth be told). I have discovered on this one and only forum I contibute to, an interesting and harmless way to fritter away some of this free time. I am generally interested in gambling and freely confess to not having a lot of indepth knowledge about it. I have probably only been on a racecourse a few times in my life, but I have been in casinos a bit more. I play some cards for fun like most of us, and that's pretty much the full sum of my gambling activities to date. Then along came BF. Like a lot of others, I found the whole concept intriguing and have, to a degree, been more and more sucked into it day by day. Not addicted in any sense, but certainly quite heavily involved. Still all for fun in my case though. I post on here hoping and interested to hear in a very general manner, how others approach their gambling, not to steal their secrets, but to learn how I might improve my own game, and enjoy it even more. If people don't want to share in any form or manner what they do, that's perfectly fine. If they do feel so inclined to share, in the sense they too might learn something in return, they that's equally fine. I'm just a bored and curious person with the time and desire to ask questions, and challenge answers to a reasonable degree, about matters well out of my current sphere of knowledge. I have no hidden agenda. I'm not trying to trick or deceive people into giving me their hard earned gambling secrets. The bottom line is , share if you want to, and don't share if you feel reluctant to for any reason whatsoever. There is absolutely no pressure, from me that is, either way. But please don't end up paranoidly suspicious like Rocket has. That really is too sad and not necessary at all. |
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Btw also, the reason why I open a thread such as this one talking only about growing 5K into something bigger, is that I'm not really all that interested in hearing about the so called high flying world of big time pro gambling, betting in thousands or even hundresd of thousands at a pop.
I'm more interested in the more modest concept of whether it is truly possible or feasible to turn a relatively litlle bit of one's own money into a relatively large bit of others people's money over a reasonable time frame with guile and patience. To me that would be more of an intellectual challenge than just going out and gambling big time with big money. If I wanted to do that in any manner then I would probably , as someone suggested, hire a team of full time of real, proven pros to do it for me. I most certainly wouldn't come on here to try and tease out some so-called gambling secrets from all and sundry on here, and on the basis of that start throwing my money around. I mean would you all really do that ? I don't think so. |
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If you, being either a pro or a serious amateur punter, were given ( say) 5000 pounds of capital today, what amount would you realistically expect to grow it to over a (say) three year period ( reinvesting all profits and increasing your stakes over time).
This question is, for me, virtually identical to asking me what my P&L is likely to be over the next three years. The limiting factor to P&L on here for a successful punter is not capital, but liquidity at a given price. |
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FINE AS FROG HAIR Joined: 12 Mar 07
Replies: 1089 29 Oct 10 19:31 I've been thinking a bit more about why Rocket is so suspicious of me and my motives for posting on here. Whilst I have quite obviously pushed some strangely wired button in his mind, and I'm damned if I know what it is, perhaps I have done the same in others. Basically I have a lot of free time on my hands ( too much truth be told). I have discovered on this one and only forum I contibute to, an interesting and harmless way to fritter away some of this free time. I am generally interested in gambling and freely confess to not having a lot of indepth knowledge about it. I have probably only been on a racecourse a few times in my life, but I have been in casinos a bit more. I play some cards for fun like most of us, and that's pretty much the full sum of my gambling activities to date. Then along came BF. Like a lot of others, I found the whole concept intriguing and have, to a degree, been more and more sucked into it day by day. Not addicted in any sense, but certainly quite heavily involved. Still all for fun in my case though. I post on here hoping and interested to hear in a very general manner, how others approach their gambling, not to steal their secrets, but to learn how I might improve my own game, and enjoy it even more. If people don't want to share in any form or manner what they do, that's perfectly fine. If they do feel so inclined to share, in the sense they too might learn something in return, they that's equally fine. I'm just a bored and curious person with the time and desire to ask questions, and challenge answers to a reasonable degree, about matters well out of my current sphere of knowledge. I have no hidden agenda. I'm not trying to trick or deceive people into giving me their hard earned gambling secrets. The bottom line is , share if you want to, and don't share if you feel reluctant to for any reason whatsoever. There is absolutely no pressure, from me that is, either way. But please don't end up paranoidly suspicious like Rocket has. That really is too sad and not necessary at all. When you arrived here a few weeks ago you were telling us in your completely blatant way that you were making good money on Betfair through a mathematically sound and certain method that you had developed. The more you post the less this sounds like the truth and that is why myself and some others are being closed towards you. In short, I have you down as a liar. And that's without going into the other stories you come up with. |
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Exactly Bayes. P/L is the same thing if all reinvested.
But that is all part and parcel of the equation or question. What is a realistic figure to expect to make, given the restraints of liquidity amongst other things. In the alternative world of financial investing one has no such restraints effectively, unless perhaps you're in Warren Buffet's league. |
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* But liquidity is all part and parcel---- "
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Come on Rocket you know you're wrong. Be a man and just admit it and move on.
I am making money and I think my method is mathematically sound. Good is a relative term, but I have always stated very, very clearly that I don't gamble for a living and that I have a very long term strategy 5-7 years to accumulate whatever target I have set myself. Why don't you address your real concerns about what I ask, whatever on earth they may be. Do I perhaps raise some uncomfortable doubts of your own gambling abilities perhaps. If so, them I'm sorry about that. But please don't let that override all your common sense. That's not healthy either for you or all those around you. I'll let the accusation of being a liar pass this time, but I wouldn't get in the habit of repeating it if I was you. None of us know who we are really talking to on here. So tread carefully, very carefully. And no that's not a threat, just good advice from someone who just perhaps is a little bit more experienced in life than you. Also, in closing, really analyse the type of questions I ask on here. Are they really all that intrusive,or probing. I don't really think so, do you ? |
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None of us know who we are really talking to on here. So tread carefully, very carefully.
Not a very good post Froggy it has to be said. |
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No it does come over the wrong way.
Sorry about that. But this guy is just starting to really annoy me with his innuendos about me trying to steal all his secrets, whatever they could possibly be. Tell me, are there really lots of others out there who think the same way ? If so, then I will reassess what I'm asking about on here. Be honest. I think I might be able to handle it. |
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And anyway Dave don't just pick out the one line in my post you think went over the top a bit.
How about all the rest that hopefully didn't.? Look this thread or any thread should not be about people's posting styles or personalities. It should be about the real content of what is bbeing stated or asked. In the final analysis, style means nothing. Come on, you as a sports bettor, should know that better than most. |
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It's hard to say how many people think anything. I gave you a bit of a hard time myself previously, but ultimately you pay your money & you take your choice.
It's also true you never know who you are talking to. I could be a neighbour of yours, but we'd never find out as I'd never talk to people who don't already know what I do about anything betting related. |
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I find Froggies claim of his interest being primarily recreational believable. It's the rest of his guff that stretches my credulity.
For some reason he reminds me of Kevin Rudd - verbose and pompous. |
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Anyway I rest my case.
There will be those who see me as some sort of threat, and those that don't. The first can freely ignore my posts, and the others will hopefully debate with me. A simple elegant solution to the whole sorry mess. Everybody can retire with their pride and egos intact. No apologies required from anybody. |
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I've generally found Rocket to be quite a reasonable poster forum user, but sometimes peoples style of posting does rub people up the wrong way.
All said, it's not worth getting worked up about |
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I'll give you another way to think of it frog. I reckon there are quite a few traders out there who can make between 100 and 500 GBP per hour in perhaps half a dozen of the most liquid sports. A 5k bank would be small to achieve this but not inconceivable.
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FINE AS FROG HAIR Joined: 12 Mar 07
Replies: 1095 29 Oct 10 22:59 Anyway I rest my case. There will be those who see me as some sort of threat, and those that don't. The first can freely ignore my posts, and the others will hopefully debate with me. A simple elegant solution to the whole sorry mess. Everybody can retire with their pride and egos intact. No apologies required from anybody. Absolutely fine by me. And I'll ignore the veiled attempt at a thread in your earlier post as a parting gift. Good luck in your search. |
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Fwiw, I would take offence at some of those remarks too, especially the liar one. I don't find anything wrong or suspicious at all in your posts fafh. But as we're speaking our minds here, I do find Compound's profits a little difficult to believe (no offence Compound, it's just my opinion and means nothing) but making consistent large gains by guessing which horses will win or lose a race pre off goes against everything I have learnt on here, but maybe that's just because I know I could never do it. I'll be thinking of Compound Magic as Compound Millionaire from now on
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Thank God for sanity returning in the form of both Bayes and Trevh addressing the thread title and content.
Bayes I must admit I have never really thought about gambling from a return per hour basis. I'll have to think a bit more deeply about that to see if it really makes any true sense to me that is. I'm sure it does to you. Trevh I know absolutely nothing about selecting horses to win or lose for that matter,so his post is totally beyond me to evaluate from a personal perspective. It still, however, only translates into 100 K a year though, not a fortune by any means in today's world. Many real top line pro gamblers must do considerably better than that. |
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100k a year tax free is more like 170k as a job income though.
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I'd go with 20-25k, and football.
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Frog have you given any more thought to my proposal? I have proof that I'm profitable, the my account section of my betfair account being one form of evidence.
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Over time I have increasingly had to consider how I spend my time on Betfair. Five years ago I implemented my first automated strategy and the time I spent on this and other bots was undoubtably the most productive. However, the constant threat of different charging regimes, tax or even legislation meant that I have concentrated on making hay. Short-termism for sure, but right for me.
That's why I tend to think in terms of hourly rates. |
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Avocado, if you can predict the winners of odds on football matches consistently, why do you need funding?
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I don't, it would just be a sideline to my operation. I will give tips to clients who want to pay me as well.
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