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probably time to call it a day... this is probably never going to amount to much
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in order to realise a decent return for my time and effort
life is too short to waste it hanging around on this stupid site
just be happy you make a profit and make it a hobbie some people lose on here every day
Well how about just doing what you do and increase stakes a bit ?!?!
Year Avg Daily Net Profit
2006 £1.21
2007 £8.90
2008 £36.05
2009 £134.81
2010 £165.45
The main growth was at the end of 2008, when I went from making £100-200 a month to about £2-3k, and improving at a slower rate after that.
2006 £1.21
2007 £8.90
2008 £36.05
2009 £134.81
2010 £165.45
The main growth was at the end of 2008, when I went from making £100-200 a month to about £2-3k, and improving at a slower rate after that.
What did you change at that point Investor, your bets or your staking?
Similar experience to the Investor for me. It took 3 years of growth before I could give up the day job.
A profit's a profit. I always had 10% per bet in mind and just kept upping the stakes. As my perception of value improved, so did the 10% figure.
Each to their own though and if you haven't got the patience (or need the steady income of a real job), it's probably best you just keep it as a hobby. GL.
A profit's a profit. I always had 10% per bet in mind and just kept upping the stakes. As my perception of value improved, so did the 10% figure.
Each to their own though and if you haven't got the patience (or need the steady income of a real job), it's probably best you just keep it as a hobby. GL.
perhaps being a sunderland fan explains why you lose lol but in all seriousness just have some fun, one of the problems with live betting and espescially trading is you tend to spend a lot of time on betting sites.
Ive done same thing last 2 years and now wanting to spend less time and money on betting, just not worth it no more, other things in life,
i know how you feel when you consider the time spent to get nowhere, happens to me too , hence the new attatude im taking.
Ive done same thing last 2 years and now wanting to spend less time and money on betting, just not worth it no more, other things in life,
i know how you feel when you consider the time spent to get nowhere, happens to me too , hence the new attatude im taking.
Tobermory, two big changes, one was that after a long period of tiny (but extremely consistent) profits I decided to scale up. I also came to realize how low risk it was, it took me a while, because like most people, I considered gambling to be an extremely risky way of making money.
The second factor was that I saw the potential to make a lot of money, and massively increased my activity. In 2006 and 2007 I spent an average of about 20 minutes a day on Betfair. If I spent more time, I could use a larger bank, and increase my return at the same time, which is exactly what I did. In 2008 and 2009 I increased my hours spent trading. Now I do about 40 hours a week. (20 in the weekend, 20 during the week). Although it's now quite a bit more than that, as I frequently look at late night matches, after I've 'finished' trading for the day.
The second factor was that I saw the potential to make a lot of money, and massively increased my activity. In 2006 and 2007 I spent an average of about 20 minutes a day on Betfair. If I spent more time, I could use a larger bank, and increase my return at the same time, which is exactly what I did. In 2008 and 2009 I increased my hours spent trading. Now I do about 40 hours a week. (20 in the weekend, 20 during the week). Although it's now quite a bit more than that, as I frequently look at late night matches, after I've 'finished' trading for the day.
sunderlandfan, it wd not surprise me if big winners like The Investor followed very similar strategies to you.
You need also to consider how much money you're using to make your ten pounds per day, your variance, how much stress you put y/s under, how much you enjoy betting and how much you cd be making doing something else.
The last question is really extrinsic to betting. There will be good winners on here who shd really be doing something else and moderate winners who shd try to get better on here.
Good luck
You need also to consider how much money you're using to make your ten pounds per day, your variance, how much stress you put y/s under, how much you enjoy betting and how much you cd be making doing something else.
The last question is really extrinsic to betting. There will be good winners on here who shd really be doing something else and moderate winners who shd try to get better on here.
Good luck
Investor do you trade inplay or prematch (or both)?
I sympathize with sunderlandfan.
He says it's the time and effort needed to get a tenner a day which frustrates him, so there's no point recommending he approaches it as a hobby.
And if he ups his stakes, he'll more often than not get matched at worse prices for his additional stakes. So the tenner profit turns into a tenner loss.
He says it's the time and effort needed to get a tenner a day which frustrates him, so there's no point recommending he approaches it as a hobby.
And if he ups his stakes, he'll more often than not get matched at worse prices for his additional stakes. So the tenner profit turns into a tenner loss.
This is one of the few sensible threads that appear.
I would ask sunderlandfan why he simply does not scale up. Difficult to do, I accpet but Investors anecdote indicates that it works.
I also note screaming from beneaththewaves comments. In some cases he is right, however I think(?) I detect hobbyists being sensible from increased liquidity from about 5.30 on a Friday and I don't think that it necessarily follows that by approaching betfair as a hobby means reversion to mugpunterism.
I would ask sunderlandfan why he simply does not scale up. Difficult to do, I accpet but Investors anecdote indicates that it works.
I also note screaming from beneaththewaves comments. In some cases he is right, however I think(?) I detect hobbyists being sensible from increased liquidity from about 5.30 on a Friday and I don't think that it necessarily follows that by approaching betfair as a hobby means reversion to mugpunterism.
i agree with you OP. mugs game.
you have to add investor that you can make a normal persons monthly wage in a day. you are beyong imagination. you earn more than david cameron. you should be in the papers.
you have to add investor that you can make a normal persons monthly wage in a day. you are beyong imagination. you earn more than david cameron. you should be in the papers.
and arent we forgetting that you could spend 6 hrs a day on here and be down. which for me, who doesnt know what value or edge or bank is, is more likely. they dont teach this in schools, and the general british public has no idea what investor does. including me!!
erifles1 - Investor, did you you start in 2006?
Paulol, when do you appear on Question Time?
hypocritical cvnt
Paulol, when do you appear on Question Time?
hypocritical cvnt
There are too many folk out there who want to make too much too quickly . You need to put in the time to start with ,sometimes making pennies ,sometimes losing to see the way ahead ....no good giving up after a few weeks .
Maybe if you're worried about wasting the spring and summer sunshine by staying on here then start in October ,then give it your best shot ,study and study some more .
Maybe if you're worried about wasting the spring and summer sunshine by staying on here then start in October ,then give it your best shot ,study and study some more .
That's a good point Coach, sunshine's not often mentioned on here. I think your surroundings are really important, if I was stuck in a room without a view all day every day there's no way I could do this, it's a lonely enough job as it is without staring at four walls.
I'm very lucky in that respect as I work from a seafront flat that has a 14 feet bay window with glass from floor to ceiling front and sides, over looking the beach and watching the tide roll in and out every day (2nd highest rise and fall of tide in the world) fantastic sunsets too, and a pub next door for the end of the day :)
I'm very lucky in that respect as I work from a seafront flat that has a 14 feet bay window with glass from floor to ceiling front and sides, over looking the beach and watching the tide roll in and out every day (2nd highest rise and fall of tide in the world) fantastic sunsets too, and a pub next door for the end of the day :)
Paulol 08 Apr 11 23:21
i agree with you OP. mugs game.
you have to add investor that you can make a normal persons monthly wage in a day. you are beyong imagination. you earn more than david cameron. you should be in the papers
What a clueless tool you are, Paulol.
i agree with you OP. mugs game.
you have to add investor that you can make a normal persons monthly wage in a day. you are beyong imagination. you earn more than david cameron. you should be in the papers
What a clueless tool you are, Paulol.
McChicken - Avocado mentioned you were a bit of a cvnt. why am i clueless idiot?
You show yourself up in your posts as being both slightly dumb in a general sense, and of course utterly hopeless at betting, you can ask all the inane questions your head contains and you'll still get nowhere (that count must be running into the 100s now). Plus consistent worshipping of the investor is utterly pathetic and cringeworthy.... you're a hopeless tool.
Sandwich is right, im not sure how you can still not know what an edge is, a bank is etc, you have been here long enough and there have been many threads explaining what you have to do to win on here.
I like Mr McChicken, he just sort of says it like it is. I have not known him to be wrong yet either.
'you have to add investor that you can make a normal persons monthly wage in a day. you are beyong imagination. you earn more than david cameron. you should be in the papers'
Even in 2010 at the height of his profit, he was making on average £165 per day. That is not the normal person's monthly wage, is it?
Even in 2010 at the height of his profit, he was making on average £165 per day. That is not the normal person's monthly wage, is it?
Are you saying a normal person's wage is above £165 per day?
Sandwich is right, im not sure how you can still not know what an edge is, a bank is etc, you have been here long enough and there have been many threads explaining what you have to do to win on here.
how about you stick to searching for shirtless iranian men Rod!!
how about you stick to searching for shirtless iranian men Rod!!
if you read further i think youll find it was McChicken Sandwich who started the vileness and unfriendlyness so he ruined the thread, not me!!
"There are too many folk out there who want to make too much too quickly. You need to put in the time to start with"
Being successful on Betfair .. is very much like making love to a beautiful woman.
Being successful on Betfair .. is very much like making love to a beautiful woman.
if u find you are consistently making ten a day, could u raise the stakes a little? im only a novice so maybe im wrong with this thought? interesting thread tho.
i think a steady tenner a day with no losses could be quite a good setup
life is too short to waste it hanging around on this stupid site
Maybe he's gone...
Maybe he's gone...
paulol that just shows you cant even read as that was s&a, not me with that serach. I think we rest our case. Point proven. 
A tenner a day with a 100 quid bank ?
or with a 1000 bank.
there lays the question
or with a 1000 bank.
there lays the question
A tenner a day with a 100 quid bank ?
or with a 1000 bank.
there lays the question
or with a 1000 bank.
there lays the question
A tenner is a solid base to start from
which could lead to bigger returns
which could lead to bigger returns
grecko is correct. i have only been doing this for around 6 months. at the start i was putting big amounts(for me) on games. assuming my love and knowledge of football would see me through. couple of losses sorted that out. since then i have lowered stakes and am looking for consistency. so far so good. theres nothing wrong with making nice steady progress. i only wish i had this attitude at the start and didnt dive in. but have to learn somehow. 
hi aueng. hope you're well today. man u chelsea prediction?
hey man, not 2 bad thanks. no bet for me but utd 2 1 or 1 1 chelsea to score but get caught on the break trying to get another. i have been known to be wrong many times tho!!
dont give up you know its possible to make money but its just hard trying to figure out how. We just got to keep looking for that strategy which pays off
Its funny how people always assume that everyone who makes a killing with sepculation has to appear in some freakish Newsshow on TV sooner or later,.... obviously those tards fell victim to the modern day Propaganda Doctrine "if its on TV its true,... no matter what and if its not it didnt happen" :).
Just a little example: Isai Scheinberg owner of Pokerscams (ehrm Stars) i mean, is rich beyond belief and nobody even knows him :).... Not on TV,.. not in any Magazine,... not listed in any top 10 Richest people of the Universe list. Just Nothing.
Just a little example: Isai Scheinberg owner of Pokerscams (ehrm Stars) i mean, is rich beyond belief and nobody even knows him :).... Not on TV,.. not in any Magazine,... not listed in any top 10 Richest people of the Universe list. Just Nothing.
as a fellow sunderland fan i had to reply.
I think looking at your returns in terms of actual £'s is where a lot of people go wrong, its all about %'s. If you make 10% of your bank each day and start of with £100, theoretically you will be a millionaire in 97 days. So starting tomorrow you would be a millionaire by 25th July this year.
Practically it wont happen becasue your amounts wont get matched and you would be mad to stake the amounts required to do this in such a short time.
However turn £100 into £1000 by 14th may, then upto 10,000 by the 7 June ........... you could sstick at winning £1000 a day and banking all profits as your bank rises above the 10k mark.
Stick to this theory, be patient and stake %'s to win %'s. Its the only way to win long term.
I think looking at your returns in terms of actual £'s is where a lot of people go wrong, its all about %'s. If you make 10% of your bank each day and start of with £100, theoretically you will be a millionaire in 97 days. So starting tomorrow you would be a millionaire by 25th July this year.
Practically it wont happen becasue your amounts wont get matched and you would be mad to stake the amounts required to do this in such a short time.
However turn £100 into £1000 by 14th may, then upto 10,000 by the 7 June ........... you could sstick at winning £1000 a day and banking all profits as your bank rises above the 10k mark.
Stick to this theory, be patient and stake %'s to win %'s. Its the only way to win long term.
The Above Posting sums it up pretty much,.... you need roundabout a 5 % Edge on whatever you do,... a Spartan approach to discipline,... enough Betting Opportunietis to Turnover some Volume throughout the Season and a reasonable not necesarrily very big ammount of Money to get you started......
Why we all arent Millionaires by now you might ask,.. hmm,.... good Question :)
Why we all arent Millionaires by now you might ask,.. hmm,.... good Question :)
For the people who think that £10 a day would satisfy them.......I could show you a way to average £10 a day on Betfair but it would take effort for about 4 hours a day and its not scalable because of the lack of liquidity. Believe me the novelty of working for £2.50 an hour soon wears off.
If I were you I would spend the £3650 on a wonderful holiday for your family.
Great thread. I was fluting around for a while before i finally settled on a strategy on here, laying away teams in footy match markets is my betting thing now. But it took a lot of ups and downs before i developed my system, discipline and proper staking system. Now it works well for me but it took a while for the penny to drop. Being a big fan of world football also a big help. For those doubting themselves, if you have the above attributes give it a go, start with small stakes and build it up, above all have patience and discipline and know your sport. Good luck.
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