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is discipline an edge?

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Replies: 289
By:
elflem
When: 17 Nov 10 23:59
I am currently thinking of setting up business as a performance coach for punters. Do ye think there would be much of an uptake on it?
By:
REM
When: 18 Nov 10 00:05
I wonder if the local dominatrix wins on betfair?
By:
LMansini
When: 18 Nov 10 00:08
thats my wife. and yes she charges
By:
Lusitano71
When: 18 Nov 10 00:15
BALANCE/EQUILIBRIUM...CHOICE its the word that every argument here is missing, there are very few Wizards around here...of that im 100% sure...

lets get back to basics

BALANCE/EQUILIBRIUM depends on the weights on either sides

based on this...there are some that manage to study/found ways to get a little advantage on the way the balance slightly bends, decimals or more to one side than the other, even if it looks "balanced"

on this case they make several bets to make sure that they get their predicted outcome

and then...

there are a few that bet, that in the end, there will be a "well balanced thing" that when everybody never expected, will get an extra weight to one side and creates a major unbalance which will give you what its called...now...a "Black Swan"

CHOICE is the big differentiator here, and next to CHOICE there is discipline of CHOICE

you can choose to believe that "black Swans" happen all the time or that in the end  they happen scarcely

with either way of seeing things what in the end makes a difference is discipline, [u]well measured discipline[/u]

and with "measured" i mean, adapted to each individual factoring in their own strenghts and weaknesses of character, which by definition require that you have the discipline to know them

just my opinion [;)]
By:
no moves
When: 18 Nov 10 00:22
I think if the rest of your life is in balance it is easier to be disciplined about gambling if Betfair becomes your whole life it is more difficult to leave it alone when you know circumstances aren't in your favour.
By:
Lusitano71
When: 18 Nov 10 00:51
agree "no moves"

your environment is fundamental in your quest, whatever business you're in, but people that have always been in difficult positions/situations will be more resilient to difficulties on the basis of what they always had or they are doomed to a never ending loop of disgrace and accumulated losing situations

but yes stability is of major importance here unless you have a full proof betting system, like so many claim to have
By:
Trevh
When: 18 Nov 10 00:56
and with "measured" i mean, adapted to each individual factoring in their own strenghts and weaknesses of character, which by definition require that you have the discipline to know them

Yes Lusi, I very much agree, which agrees with Ken's "experience" too, that's what it's all about, studying and learning, knowing your strengths, avoiding your pitfalls. There's a certain type of bet I don't go anywhere near any more, for this very reason.

From some of the replies though, it seems that some punters can be naturally disciplined, so much so that they don't understand or even  recognise the problems of the many that suffer from habitual gambling chases.
By:
FINE AS FROG HAIR
When: 18 Nov 10 01:05
A good example od discipline might be being able to read all this codswallop and not comment on it anyway.
Did I pass or fail ?
Btw what's with all the " intelligent" hon-English quoting that's going on here.
What's all that supposed to signify ?
By:
FINE AS FROG HAIR
When: 18 Nov 10 01:08
Bayes' comment on chasing reminds of the person who says " Getting drunk has resulted in both some of the best experiences of my life and most of the worst ".
By:
LMansini
When: 18 Nov 10 01:22
its supposed to signify that some people ( like me ) can quote 19th century philosophers.
By:
Lusitano71
When: 18 Nov 10 01:53
i dont know what you guys are talking about, hope its not directed at me

first things first, i dont know if you guys even noticed that im not even English (British) whatever...im Portuguese

some here know that...but if by any chance some of you are saying that im quoting anyone from whatever time, i challenge you to put up those essays and match what i've just written with them

and if this what i get for puting my already exausted cells brains to work at this time of the night, its the last time i make the effort to do it or contribute
By:
LMansini
When: 18 Nov 10 01:56
no dont worry we aren't talking about you

no te preocupes no hablamos de ti....entiendes español ?

eu vou falar o portuguese ok,  mas eu nao falo bem..    eu gusto muito muitooo o portugues, as meninas brasileñas, e eu acho o que o portugues é uma idioma com muita beleza
By:
Lusitano71
When: 18 Nov 10 02:03
entendo Espanhol porque é o país ao lado de Portugal e a nossa língua tem raízes comuns

but Portuguese is the language of 335 million people in the world
By:
LMansini
When: 18 Nov 10 02:10
sim eu sei isso... mas que o Brasil vai ser un 'pais poderoso financero do mundo' porque tem mucho
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:11
It's the language of football to us old diehards, who long for the return of the likes of Pele.
By:
LMansini
When: 18 Nov 10 02:12
fine as frog hair you are a rich old guy right-_?   i sufficed this from reading your forum posts.     60 years old with at least 5 million pounds of assets
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:12
Mansini
Quoting 19th century philoosophers is a bit of overkill for the GBF ?
This more beano territory.
By:
LMansini
When: 18 Nov 10 02:14
well i didnt start it...someone started 'borrowing' the world of Nietzche so I added to it, then others did, and so on

can i be blamed?
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:16
No blame at all.
Just all seems a bit show offy for a gambling forum.
But I'm probably just jealous as usual.
By:
LMansini
When: 18 Nov 10 02:18
dont worry..you arent missing much.
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:19
60 is not old and 5 million is not rich.
By:
LMansini
When: 18 Nov 10 02:23
if you have assets like houses all paid up, then 5 million in cash on top of that,   it's rich to me
By:
Avocado
When: 18 Nov 10 02:23
By most people's standards 5m is very rich. And 60 is quite old.
By:
Lusitano71
When: 18 Nov 10 02:39
60 is defenitly not old, its only 2/3 of 90 and there are a lot of people in the western world that live until the 90's and beyond, much more if they have 5 millionLaugh

5 million not enough??...depends FAFH on where you live and what you do...no ???

but my guess is that its always short for someone that has it, because...

when you reach it, a new fresh horizon appears [;)]
By:
LMansini
When: 18 Nov 10 02:45
60 is old y  por que voce nao fala en a sua idioma natural ?
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:46
Lusi
5 million net is more than enough for anyone in reality.
The older you get the more you realize that basic fact.
Truth be told you wonder what on earth you were ever doing, running around exerting all that time, effort and worry in trying to get more.
60 old ?
Geez even the Stones are above 60.
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:50
Mansini
There may be over 350 million Portuguese speakers in the world, but there's probably only a handful on the GBF.
So cut it out eh ?
By:
LMansini
When: 18 Nov 10 02:54
me cut it out?  what are you talking about?  I have never ever  'iniciated' a conversation in portuguese.  that other guy said it about the 350 million and i just replied to him

are you in insane?
By:
LMansini
When: 18 Nov 10 02:55
unless you mistakingly wrote my name when you meant to write 'lusi'   we start with the same letter so its understandbale
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:55
Btw my wife who speaks fluent English, German , Italian, French and a little Spanish, cannot make head or tail out of anything Portuguese and, more to the point, dooesn't seem to even want to.
By:
FINE AS FROG HAIR
When: 18 Nov 10 02:59
Yeah you're right.
I must be insane to be even having this conversation.
Forget I said anything about posts in Portuguese please.
Tks. No offence at all was meant.
By:
Avocado
When: 18 Nov 10 03:00
I could potentially earn a million pounds a week from betfair.
By:
LMansini
When: 18 Nov 10 03:00
oh dear..now you are lying because in written form spanish and portuguese are basically the same language. The pro-nunciation is different, but that only matters if we are speaking.  In written form, if you wife understands spanish she will understand every word of what is written in portugese.  Every single word......

So.. why lie to us?  Either you arent married, or you are married to a dullard...
By:
LMansini
When: 18 Nov 10 03:02
oh ok.. a 'little' spanish.  so maybe she doesnt speak spanish at all,  that would explain it

i like you FAFH you bring an intellectual to the forum that it lacks,  but dont believe your wifes hype, she knows less than you think about languages...and more than you think about divorce settlements
By:
FINE AS FROG HAIR
When: 18 Nov 10 03:06
I did say a little Spanish.
And I have met a lot of Spaniards and when I assume that they they can speak Portuguese , they seem to get very upset at that assumption.
It's also true btw that Italian and Spanish are supposed to be relatively similar and if you can speak one then you can at least make yourself understood in the other.
In fact that is why I said that my wife is  fluent in Italian, but is not so fluent in Spanish.
Bit sensitive aren't you to all this ?
As I said I wasn't trying to slur Portuguese speakers, I was just pointing out that is an English speaking forum, that's all.
By:
FINE AS FROG HAIR
When: 18 Nov 10 03:07
Avocado
You mean if you could speak Portuguese ?
By:
FINE AS FROG HAIR
When: 18 Nov 10 03:09
Mansini
My wife is German btw, and she in fact is richer than me.
By:
Lusitano71
When: 18 Nov 10 03:09
English written (i hope for the most part) and spoken, it's my second language, for sure, i understand Spanish naturally and i never learned it, but if you asked me to write in Spanish that would be a lot harder, then French... spoken only, Italian..spoken just by knowing that Latin is the base of the language and we had the Romans here for more than 5 centuries, so words have the same structure
By:
LMansini
When: 18 Nov 10 03:09
lol yeah actually that is true.. if you say to a portugese speaker  "your language is basically just spanish changed a little"   they get really mad,  even though its the truth
By:
FINE AS FROG HAIR
When: 18 Nov 10 03:13
Phew so we all basically agree.
What a relief.
Go ahead you two, converse in Portuguese if you wish.
It's just not so interesting for the rest of us, that's all.
Certainly no harm in it though.
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