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Everytime you hear about 'having an edge' it relates to prices, like, being able to spot a 1.5 shot available at 1.7
But is the discipline not to bet also an edge? Like you have a big win on saturday, so you have money to burn on sunday, but you see no games you like....so instead of gambling you go out, take the girlfriend to a nice restaurant, forget gambling.
Is this an edge?
But is the discipline not to bet also an edge? Like you have a big win on saturday, so you have money to burn on sunday, but you see no games you like....so instead of gambling you go out, take the girlfriend to a nice restaurant, forget gambling.
Is this an edge?
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FINE AS FROG HAIR
Now you do sound exactly like Kenilworth.
What a turn about eh ?
But K is different.
He sounds like a pleasant chappie underneath it all.
You? I'm not so sure about. Are you even a chappie, let alone a pleasant one ?
FAFH, I feel so gratified that you are beginning to appreciate me, although
I would prefer that you didn't. In fact, I'm beginning to feel a little queezy.
Now you do sound exactly like Kenilworth.
What a turn about eh ?
But K is different.
He sounds like a pleasant chappie underneath it all.
You? I'm not so sure about. Are you even a chappie, let alone a pleasant one ?
FAFH, I feel so gratified that you are beginning to appreciate me, although
I would prefer that you didn't. In fact, I'm beginning to feel a little queezy.
i have always appreciated you kenilworth
sometimes my appreciation overflows if you know what i mean
sometimes my appreciation overflows if you know what i mean
Between the two of you, I don't know whether to feel better or not. 
BOtfair's own figures suggest that around 2% of players win.
The actual number of players who long term, win meaningful amounts is even smaller.
Using these figures begs the question,
What percentage of people who post on a forum such as this actually have anything worthwhile to contribute?
The actual number of players who long term, win meaningful amounts is even smaller.
Using these figures begs the question,
What percentage of people who post on a forum such as this actually have anything worthwhile to contribute?
I'm not sure what the connection is between the two groups
(winners and forumites making worthwhile posts) so perhaps
you could enlighten us ?
(winners and forumites making worthwhile posts) so perhaps
you could enlighten us ?
2% is a significant figure
2% of 43,500,000 is 870,000
2% of 43,500,000 is 870,000
your numbers are meaningless, mine is the number of bf accounts
we are not numbers, we are free men, we will not be pushed, filed, stamped, indexed, briefed, debriefed or numbered.
It works like the old Fund Manager Story.
Out of 100% of people betting lets say 50% get lucky out of those 50 % another 50 % get lucky with their next Bet, and so forth.
the last 100 Guys whom always got lucky end up in massive profits and think they are some kind of special gifted God running the Chips to the final Table so to speak.
Its much like our modern Education System works.
A bunch of illiterate ****s get lucky by catching the right questions in their Final Examination and end up becoming rich fat barstewards running the government.
As we Germans acknowledged that fact from the beginning we employed a bunch of useless Morons to run the whole show stright from the start saving everyone the trouble and the ressources.
Its really easy if you think it trhough.
:)
Out of 100% of people betting lets say 50% get lucky out of those 50 % another 50 % get lucky with their next Bet, and so forth.
the last 100 Guys whom always got lucky end up in massive profits and think they are some kind of special gifted God running the Chips to the final Table so to speak.
Its much like our modern Education System works.
A bunch of illiterate ****s get lucky by catching the right questions in their Final Examination and end up becoming rich fat barstewards running the government.
As we Germans acknowledged that fact from the beginning we employed a bunch of useless Morons to run the whole show stright from the start saving everyone the trouble and the ressources.
Its really easy if you think it trhough.
:)
I make a modest living on here and its mostly discipline and patience that allow me to do that.They are far more my edge than any selection process I have.Thats also probably because I am more of an form/gut feeling type betting person rather than a computer whizzkid who knows he's getting 1.8 on a 1.7 shot.So, for my type of betting with a very loose strategy, where the difference between having a bet and not having a bet or having a small bet versus having a large bet, discipline and patience are all important.Another factor that goes hand in hand with these is resilience.Without resilience its hard to have either patience or discipline.Its often easy to have patience and discipline when things are going well but its when things are not going well, thats when character and resilience are called for.
From reading what others had to say about Chip Reese its seems one of his great strengths was his abilty to manage both himself and his money. In his own words..."Its the guys that do it every day.Whether your a hundred points winner or a hundred points loser, your going to play the same way.Your not going to get flustered.You not going to fire off your money when your stuck."
An interesting quote from gambling wizards about Doyle Brunsen,
"Doyle Brunsen sits in poker room in Las Vegas.He studies the people around the table,waiting for a crack in their game,looking for a weakness.He'll sit Buddha-like,for 10 hours,20 hours,at a stretch,however long it takes to get the money.He just sits in smoke filled rooms waiting for a player to go on tilt."
In the same book Chip Reese talks about the will to win. "You take two guys on a football field.One is 6'4" and 250 pounds.They both run the 40 yard dash in 4.2 seconds or whatever.They both bench-press 400 pounds.They both try out for a team and one guy you never hear from again,while the other guy goes into the hall of fame.They both have all the same talents and potential.But there's something that make some people win.Its a will to win.Its...I don't know how to describe it."
For me its the intangible qualities that allow a loser to become a winner or allow a winner to take it to the next level.Its a world that we have to discover for ourselves.We can continue to learn from others about it but its a magical realm almost with a vastness of untapped energy and potential that awaits all those who explore its possibilities.
From reading what others had to say about Chip Reese its seems one of his great strengths was his abilty to manage both himself and his money. In his own words..."Its the guys that do it every day.Whether your a hundred points winner or a hundred points loser, your going to play the same way.Your not going to get flustered.You not going to fire off your money when your stuck."
An interesting quote from gambling wizards about Doyle Brunsen,
"Doyle Brunsen sits in poker room in Las Vegas.He studies the people around the table,waiting for a crack in their game,looking for a weakness.He'll sit Buddha-like,for 10 hours,20 hours,at a stretch,however long it takes to get the money.He just sits in smoke filled rooms waiting for a player to go on tilt."
In the same book Chip Reese talks about the will to win. "You take two guys on a football field.One is 6'4" and 250 pounds.They both run the 40 yard dash in 4.2 seconds or whatever.They both bench-press 400 pounds.They both try out for a team and one guy you never hear from again,while the other guy goes into the hall of fame.They both have all the same talents and potential.But there's something that make some people win.Its a will to win.Its...I don't know how to describe it."
For me its the intangible qualities that allow a loser to become a winner or allow a winner to take it to the next level.Its a world that we have to discover for ourselves.We can continue to learn from others about it but its a magical realm almost with a vastness of untapped energy and potential that awaits all those who explore its possibilities.
I make a modest living on here
Why are you boasting about it then?
Why are you boasting about it then?
I get the feeling that Speakthetruth is not boasting but merely telling it as it is.
The majority of players have no long term prospects of coming even close to making a modest living on Botfair.
The majority of players have no long term prospects of coming even close to making a modest living on Botfair.
I'm certain Speakthetruth is, indeed speaking the truth, as
no one could put up a post like that unless he was. A modest
living ? Of course it is possible, but not me as it happens,
cos I already have my income to live on so treat my betting
here as a hobby. It's still important to try and do it as
well as possible as one would do with any hobby.
no one could put up a post like that unless he was. A modest
living ? Of course it is possible, but not me as it happens,
cos I already have my income to live on so treat my betting
here as a hobby. It's still important to try and do it as
well as possible as one would do with any hobby.
i make a million a week on here, i give most of it away to charity and fund wars sometimes too
I pretend to be a despotic dictator, take Avocado's war funding and secretly stick it on any forumites tip that begins ***CAST IRON FREE MONEY***. Then when it loses, wish I had bought some guns after all so at least I could shoot myself.
I cannot believe this thread has gone on for so long!
Of course discipline is not an edge.
It is a means to exploiting the edge once established.
How many 2%ers have contributed to this thread so far? I suspect none, other than those that have made, in some way or other, the point above.
Of course discipline is not an edge.
It is a means to exploiting the edge once established.
How many 2%ers have contributed to this thread so far? I suspect none, other than those that have made, in some way or other, the point above.
"Of course discipline is not an edge.
It is a means to exploiting the edge once established."
Yeah this is pretty much right..and I started this thread. Although if im honest i have never been a 2%er, 3% is my greatest achievement so far. But whatever... discipline is a way to exploit an edge..this sums this stupid thread up after so long, good work all.
It is a means to exploiting the edge once established."
Yeah this is pretty much right..and I started this thread. Although if im honest i have never been a 2%er, 3% is my greatest achievement so far. But whatever... discipline is a way to exploit an edge..this sums this stupid thread up after so long, good work all.
Well said LMansini, and, like me you do cricket (I admire your knowledgable postings).
Best wishes
Best wishes
i should have known with a name like beefie you made your profits on cricket 
[:(]
please dont confuse 'you' with 'not many people'
the second option is right, the first not so
please dont confuse 'you' with 'not many people'
the second option is right, the first not so
My first word on the opening post. I would imagine that discipline HELPS,
but how one measures it, I don't know. Occasionally I have a bet during a
match which may or may not, be influenced by how my existing bet(s) are
faring at the time. I have a lot of things going through my head at certain
times and the unusual situations are the most difficult to deal with, like
West Ham leading 2-0 and I could see that Manu were not going to come back
from that as they do. That was not the same ManU who were 2 down to villa
recently, was it ? I didn't have a bet on the match odds so I was able to
watch objectively, so an unbiased opinion. Good night.
but how one measures it, I don't know. Occasionally I have a bet during a
match which may or may not, be influenced by how my existing bet(s) are
faring at the time. I have a lot of things going through my head at certain
times and the unusual situations are the most difficult to deal with, like
West Ham leading 2-0 and I could see that Manu were not going to come back
from that as they do. That was not the same ManU who were 2 down to villa
recently, was it ? I didn't have a bet on the match odds so I was able to
watch objectively, so an unbiased opinion. Good night.
mansini you are deep in debt because of your reckless gambling, i suggest you stop and get help
wait..waqit...sorry..getting help right now
help? is that you? need youu hoh
help? is that you? need youu hoh
are you the person who said spartak moscow were "rank"? i found that quite amusing actually.
avacado.. I have never, in my life, EVER, bet more than 10 quid (about 0.000001 %) of my bank on soccer. I'm not even from england. And I assume 'moscow' are a football team? So no, i am not that guy, ha ha
LMansini Date Joined: 15 Oct 05
Add contact | Send message When: 16 Nov 10 02:17 I have been there as little as 5 hours ago. I have a 2k bank and I was going to lose $70 on a soccer game that was 1-0. No big deal right... But I was pissed off, I couldnt handle losing that money, and I was a little drunk. So I put $1000 on at $1.20 tat no more goals would be scored, just to not take a loss, even that that was idiotic. In the end, a goal was scored, but thank god the ref blew the whistle 1 second before.
If you're prone to fibbing mate, you will need a better memory. Or perhaps you have an honest explanation of the post above taken from this very thread? Not trying to make anyone look silly, so explain away.
Add contact | Send message When: 16 Nov 10 02:17 I have been there as little as 5 hours ago. I have a 2k bank and I was going to lose $70 on a soccer game that was 1-0. No big deal right... But I was pissed off, I couldnt handle losing that money, and I was a little drunk. So I put $1000 on at $1.20 tat no more goals would be scored, just to not take a loss, even that that was idiotic. In the end, a goal was scored, but thank god the ref blew the whistle 1 second before.
If you're prone to fibbing mate, you will need a better memory. Or perhaps you have an honest explanation of the post above taken from this very thread? Not trying to make anyone look silly, so explain away.
LMansini Date Joined: 15 Oct 05
Add contact | Send message When: 30 Nov 10 22:33 Lori 30 Nov 10 21:12
Plenty of losers make useful insightful posts.
Yep..Instead of looking to follow winners, look to oppose losers. For example a few weeks ago both MONEYTREE and SamualMorse tipped Man City to win a football game.
So, what did I do? I have never watched an entire 90 minute football game in my life.. I couldn't name more than 2 players in the EPL.. I know nothing.... BUT i KNOW that moneytree and samualmorse are both complete spanners. So i layed man city with my entire bank. And I made over 2k pounds on this match. More than the average 'expert' makes on football betting in a years.
Oh dear. Nothing personal.
Add contact | Send message When: 30 Nov 10 22:33 Lori 30 Nov 10 21:12
Plenty of losers make useful insightful posts.
Yep..Instead of looking to follow winners, look to oppose losers. For example a few weeks ago both MONEYTREE and SamualMorse tipped Man City to win a football game.
So, what did I do? I have never watched an entire 90 minute football game in my life.. I couldn't name more than 2 players in the EPL.. I know nothing.... BUT i KNOW that moneytree and samualmorse are both complete spanners. So i layed man city with my entire bank. And I made over 2k pounds on this match. More than the average 'expert' makes on football betting in a years.
Oh dear. Nothing personal.
sorry...if you are saying i copied this post...you might find I coped it from myself? I posted the exact same thing a few weeks ago?? because the man city thing happened about 2 weeks
are you accusing me of plagerising myself? lol
are you accusing me of plagerising myself? lol
wait trev..gonna find the bet in my history, it was a while ago, you little bi tch
hehe
hehe
k, it was man city vs man united a while ago
money tree and samuel morse both tipped a man united win
so i laid man city for full bank
ended up making slightly more than 2k.....
Now the real challenge -
IF both money tree AND samual morse EVER tip the same result, ever again, i promise to lay it with my entire bank.
Deal?
Is that a deal avocado?
money tree and samuel morse both tipped a man united win
so i laid man city for full bank
ended up making slightly more than 2k.....
Now the real challenge -
IF both money tree AND samual morse EVER tip the same result, ever again, i promise to lay it with my entire bank.
Deal?
Is that a deal avocado?
avocado....are you either money tree or sam morse? if not..why do you defend them so much?
avocado.. I promise..if you can get both money tree + sam morse to agree on a result, I will lay it for my entire bank. Deal ?
see my other thread mate..needless to say we are talking well above 1000 pounds
kenilworth : My first word on the opening post. I would imagine that discipline HELPS,
but how one measures it, I don't know,
Discipline doesn't just help, the game is impossible to win without it. Reading this thread, I never realised that so many punters don't seem to understand that fact, but I guess many long term survivors exercise discipline without labeling as that.
It can be measured in different ways, for example a disciplined pre-off trader will always be out before the off, where as a poorly disciplined trader will find himself letting the odd event go in-play in his struggle to get green.
Position takers know how to stake related to chance, some stick to that plan, many don't.
but how one measures it, I don't know,
Discipline doesn't just help, the game is impossible to win without it. Reading this thread, I never realised that so many punters don't seem to understand that fact, but I guess many long term survivors exercise discipline without labeling as that.
It can be measured in different ways, for example a disciplined pre-off trader will always be out before the off, where as a poorly disciplined trader will find himself letting the odd event go in-play in his struggle to get green.
Position takers know how to stake related to chance, some stick to that plan, many don't.
i said at least, will be much more than that...why are you distracting from the main challenge? cant get your boyfriend sammy to agree? oh dear...lol
No Lmansini, I'm accusing you of spouting bullcrap to put it bluntly. Nothing personal though, so don't take it the wrong way.
you dont count..im sorry but thats how it is. You leapt to the defence of your boyfriend money tree, now you get him to do somegthing for you...hehe
trevh can i get some clarifaction before i waste time going through old threads...your saying i didnt lay man city? or i didnt lay them based purely on money tree + samual morse' advice ?
LMansini, I was merely pointing out your tendencies to exagerate (listed below) to put it politely, which make you appear a fool. I couldn't care less whether or not you laid Man City. The point of my post was to warn other readers that you may say just about anything, and as such you should perhaps not be taken seriously. As ever, nothing personal :)
I have never, in my life, EVER, bet more than 10 quid (about 0.000001 %) of my bank on soccer.
I have a 2k bank and I was going to lose $70 on a soccer game that was 1-0. No big deal right... But I was pissed off, I couldnt handle losing that money, and I was a little drunk. So I put $1000 on at $1.20 tat no more goals would be scored.
BUT i KNOW that moneytree and samualmorse are both complete spanners. So i layed man city with my entire bank. And I made over 2k pounds on this match.
I have never, in my life, EVER, bet more than 10 quid (about 0.000001 %) of my bank on soccer.
I have a 2k bank and I was going to lose $70 on a soccer game that was 1-0. No big deal right... But I was pissed off, I couldnt handle losing that money, and I was a little drunk. So I put $1000 on at $1.20 tat no more goals would be scored.
BUT i KNOW that moneytree and samualmorse are both complete spanners. So i layed man city with my entire bank. And I made over 2k pounds on this match.
trevh,re your post on Dec1 regards discipline, I am not a
trader of any kind, but a straight forward punter. IMO if you
have a selection method and a staking framework, then
discipline doesn't enter into it for me. For example, taking
yesterdays match, I rate Sunderland a 1.8 chance, and am a
backer at 2.0, a layer at 1.66. If 2.0 my stake is 100 points
win, if 1.66 120 lay, either bet returns 200. If neither price
is reached, pre kickoff, then no bet. Built in discipline. I
apply the same rules for about 6 or 7 markets sometimes, no
bet, sometimes 1, sometimes 2 etc. It's surprisinghow often
I get an unexpected match very late in the secondary markets,
clean sheet, corners odds etc. If nothing matches then no bet.
No matter what happens win or lose, I stick to that. In the
in running markets I have a similar routine at half time, again
discipline is automatic. GL.
trader of any kind, but a straight forward punter. IMO if you
have a selection method and a staking framework, then
discipline doesn't enter into it for me. For example, taking
yesterdays match, I rate Sunderland a 1.8 chance, and am a
backer at 2.0, a layer at 1.66. If 2.0 my stake is 100 points
win, if 1.66 120 lay, either bet returns 200. If neither price
is reached, pre kickoff, then no bet. Built in discipline. I
apply the same rules for about 6 or 7 markets sometimes, no
bet, sometimes 1, sometimes 2 etc. It's surprisinghow often
I get an unexpected match very late in the secondary markets,
clean sheet, corners odds etc. If nothing matches then no bet.
No matter what happens win or lose, I stick to that. In the
in running markets I have a similar routine at half time, again
discipline is automatic. GL.
=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=| watch and learn people. clear demonstation of disciplined mind at work
Speaking personally, in greyhound racing discipline is an edge.I am a stats man through and through (apologies). Having set the bots I used to come home from work, see there was a few races left and put silly "fancy" bets on. Sometimes they worked, most times they didnt. I invariably did a bit of harm to my profit level.
Then I worked part-time and stayed in front of the screen most days.The same process took place, the bots made their returns but I lessened it by losses on my "fancies" usually based on track bias or nothing coming from behind , of which "the bot" had no knowledge (LOL).
I have now learnt after many years to set a daily target for profit and a maximum daily loss, once I hit either "target" I am out for the day. Unfortunately because I am bored stiff I often come back in and pay the price, but its not anywhere near as damaging as before. So to me discipine is definitely an edge.
Then I worked part-time and stayed in front of the screen most days.The same process took place, the bots made their returns but I lessened it by losses on my "fancies" usually based on track bias or nothing coming from behind , of which "the bot" had no knowledge (LOL).
I have now learnt after many years to set a daily target for profit and a maximum daily loss, once I hit either "target" I am out for the day. Unfortunately because I am bored stiff I often come back in and pay the price, but its not anywhere near as damaging as before. So to me discipine is definitely an edge.
Stopping once you've made such and such profit...I've never understood this fable.
neither have i rocket, you must also remember to stop once you've made such and such LOSS !
not at all
ken. I was
merely poi
nting out
some peopl
e have nat
ural disci
pline and
some don't
. you clea
rly are on
e of the l
ucky ones.
ken. I was
merely poi
nting out
some peopl
e have nat
ural disci
pline and
some don't
. you clea
rly are on
e of the l
ucky ones.
Why ?
Each bet, and therefore each win or loss, is a seperate event. It makes no difference if I wait 8 hours between losses or 8 minutes. Likewise with wins.
Each bet, and therefore each win or loss, is a seperate event. It makes no difference if I wait 8 hours between losses or 8 minutes. Likewise with wins.
You can't do your financial accounts based upon each bet, they have to be time based and for comparison, historical and statistical purposes days/weeks/months/years are useful. You could argue that on a losing day in downtime your system might recover but on average that's not been my experience and frankly most earning is about a work/leisure trade off, staying at it all day can be costly in the long term.
By: This user is online. irishone
Date Joined: 22 Sep 06 Add contact | Send message When: 08 Dec 10 21:30
I have now learnt after many years to set a daily target for profit and a maximum daily loss, once I hit either "target" I am out for the day
^ That's what I was talking about.
Date Joined: 22 Sep 06 Add contact | Send message When: 08 Dec 10 21:30
I have now learnt after many years to set a daily target for profit and a maximum daily loss, once I hit either "target" I am out for the day
^ That's what I was talking about.
zola, thanks for that. I had the 'sarcasm' at around 2.5 with
'no sarcasm' at 1.66 so another odds on chances goes in !
'no sarcasm' at 1.66 so another odds on chances goes in !
I think Ken types on one of these. About 3 inches wide:
Erm... this ??
http://upload.wikimedia.org/wikipedia/commons/b/b4/Apple_iie.jpg
http://upload.wikimedia.org/wikipedia/commons/b/b4/Apple_iie.jpg
Life is discipline the man who loses his job,or retires but still gets up at 6/7 in the morning,shaves,dresses neatly etc has discipline,he can still achieve,the guy that takes the other option gets up at 8/9 doesn't shave doesn't care how he dresses etc has no discipline which of these will achieve more?
DISCIPLINE is the key to betting,it is the KEY TO LIFE,and the lack of it is the root of societys problems.
DISCIPLINE is the key to betting,it is the KEY TO LIFE,and the lack of it is the root of societys problems.
Having an edge is all that matters ... discipline means diddlie squat if you dont have one. Can imagine those with an edge will encourage the discipline tripe on here to lead those without an edge into not giving up and lobbing more cash their way.
Once an edge has been found DISCIPLINE IS OF PARAMOUNT IMPORTANCE .
You need to stick to your edge is what you are calling discipline in that instance ... I would just call it sticking to your edge.
You can say you need discipline to wipe your @rse with paper instead of your hand but I would just say you need to stick to wiping your @rse with paper. There is discipline in everything you do, funny how it only comes up on here so often as a lifeline to those without an edge to give hope you can win with discipline .. ffs hilarious.
You can say you need discipline to wipe your @rse with paper instead of your hand but I would just say you need to stick to wiping your @rse with paper. There is discipline in everything you do, funny how it only comes up on here so often as a lifeline to those without an edge to give hope you can win with discipline .. ffs hilarious.
morris - many people believe for eg if they just backed diamond harry in the hennessy and cue card at aintree ( cos they knew they were certs ) and didnt back all the other losers ( cert winners )they'd be quids in .
VALUE VALUE VALUE is the only way .
VALUE VALUE VALUE is the only way .
Value, experience, inside information, methodology can all be classed as an edge if they show a consistent profit. Discipline is everywhere in life, when you read it on here it is horsesh1t.
eric is very shrewd imo. if you know what the fav has been eating it might highlight crucial information the rest of the market doesn't have. quite literally insider info.
In reply to the original question. Without a shadow of a doubt YES.
many years ago i would deposit 200, 250,300 etc etc and have 20, 30, 40 wins 20 ew etc etc -- before the bank dwindled to £0.00.
Now i know well and truly this is not the way .
Now i know well and truly this is not the way .
It would have been the way if you'd had an edge. Discipline my@rse. 
Discipline is not an edge
its a prerequisite (spelt that wrong) so are money money management , patience etc
An edge is what you do in the game an how you do it
its a prerequisite (spelt that wrong) so are money money management , patience etc
An edge is what you do in the game an how you do it
ken and morris .
for me yes - i never had a clue about staking until now -- i used to back 20 , 30 ,40 no matter what price it was which is rather dumb .
money management is just as im portant .
for me yes - i never had a clue about staking until now -- i used to back 20 , 30 ,40 no matter what price it was which is rather dumb .
money management is just as im portant .
Discipline is not an edge
its a prerequisite (spelt that wrong) so are money money management , patience etc
An edge is what you do in the game an how you do it
Lots of differing opinions on this thread.
Even a roulette owner who has no discipline could go bust despite having a cast iron 2.7% house edge.
To my mind, if you take away discipline from what ever edge you practice, you will ultimately lose, therefore discipline should be acknowledged as an edge in its own right.
its a prerequisite (spelt that wrong) so are money money management , patience etc
An edge is what you do in the game an how you do it
Lots of differing opinions on this thread.
Even a roulette owner who has no discipline could go bust despite having a cast iron 2.7% house edge.
To my mind, if you take away discipline from what ever edge you practice, you will ultimately lose, therefore discipline should be acknowledged as an edge in its own right.
trev didnt u say the exact opposite a few pages back? not that i take as much notice of my 'internet personalities' as you do so maybe not..
if the internet were 'x factor' trev would be cheryl cole.....he's the lord of the net; )
Maybe it's time you started to take more notice then Mansini. "Maybe not" is the correct answer, but you already knew that.
I guess I've upset you, but if you look back I did say "nothing personal", it's just that I don't like lies and can't help myself but to comment on them when they're so blatent. Nothing personal of course :)
I guess I've upset you, but if you look back I did say "nothing personal", it's just that I don't like lies and can't help myself but to comment on them when they're so blatent. Nothing personal of course :)
yeah i know..some guy wrote before asking for advice, so i gave him my 'ideal scenario to make money'. In reality yeah, im an idiot who has occasionally put my entire bank on a football game i know nothing about. But.. I didnt think this would be a good tip "be disciplined, bet on what you know...and sometimes when you are hammered, put you entire bank on smth you know nothing about'
So I told him what I aim to do 99 % of the time, and what I achieve 99.99 % of the time, which is why im in profit...
Shoot me. I Deserve it
So I told him what I aim to do 99 % of the time, and what I achieve 99.99 % of the time, which is why im in profit...
Shoot me. I Deserve it
the reality is that my aim is to never ever bet on what i dont know about... But, about 5 times in my 6 year betfair career, i have put my entire bank on smth i know about. Just for the thrill of it. I wont apologise..[:x]
Trev i notice you joined in 2006. So, in almost 5 years you have never bet on anything you aren't an expert on. I can say truly without 1 % of sarcasm that you are my idol and i want to reach your level, and that, i am ALMOST there. Almost. Right now, no, not quite, but i see a bright future
A punter backs ManU in every match they play, to the exclusion
of any other team or any other bet bet. This is discipline, but
does it give him an edge ?
of any other team or any other bet bet. This is discipline, but
does it give him an edge ?
doubtful -
at bookies odds, he would lose because of the overround.
On here, over a sufficient period of time, he would do worse than break even because of the commission.
at bookies odds, he would lose because of the overround.
On here, over a sufficient period of time, he would do worse than break even because of the commission.
Point I'm making is that discipline is meaningless if
the punter doesn't already have an edge to work with.
I suppose it means that with 'discipline' pointless
bets will not be made, but if no edge in the first
place, the whole thing is pointless. Just betting
for fun.
the punter doesn't already have an edge to work with.
I suppose it means that with 'discipline' pointless
bets will not be made, but if no edge in the first
place, the whole thing is pointless. Just betting
for fun.
I agree with ken on that one. As I've stated before, discipline is only required if you are not naturally prone to doing what is necessary to succeed.
Successful use of discipline could be summarised as:
Find out what needs to be done and do it whether you feel like it or not.
If what needs to be done comes naturally to you (meaning you always feel like doing it), discipline is not required.
Successful use of discipline could be summarised as:
Find out what needs to be done and do it whether you feel like it or not.
If what needs to be done comes naturally to you (meaning you always feel like doing it), discipline is not required.
Discipline pertains to the ability to avoid taking unnecessary risks in this context, at least from my point of view. It means being able to discern circumstances in which your edge may have an unforeseen downside. So in reality it just means being diligent enough to avoid oversights. Other than that, an edge is an edge and over the long run should always pay off. Thus the more you bet and the more times you bet the more you should make (in theory :)).
Beyond that I like Investor's definition "discipline is only required if you are not naturally prone to doing what is necessary to succeed."
CS
Beyond that I like Investor's definition "discipline is only required if you are not naturally prone to doing what is necessary to succeed."
CS
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