General Betting
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Long story short after making some nice money on here.
Now 25k down. Is there anyway to turn this around now and what size bank do I need to do it. Should I look at saving up 10k to play with to take a big hit out of this 25k burden.
It's like Im always chasing a loss now and £300 - £500 profit is never enough.
Hard Time ahead.
Now 25k down. Is there anyway to turn this around now and what size bank do I need to do it. Should I look at saving up 10k to play with to take a big hit out of this 25k burden.
It's like Im always chasing a loss now and £300 - £500 profit is never enough.
Hard Time ahead.
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Replies: 214
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lol
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You may laugh but it's easily done.
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Honestly I think you should quit gambling.
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I can't walk away 25k down.
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If I can get 10k back I may walk forever.
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50K
 25000 12500 6250 3125 1600ish 800 400 200 100 10 year plan to get it back with interest. double your deposit every year. EASY! GOOD LUCK |
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Might save up 10k for the new Premiership season.
Laying Correct Scores Betting and laying Corners |
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Be very very careful SB. From your posts, you sound like you're going on tilt and think that you must or have to get your money back. But when you get to the point where you feel you have no choice but to recoup your losses, you're getting into very dangerous territory.
Raising your bet size could be suicidal. Instead, you probably need to get smaller. Get used to trying to make just £300-£500 (or less). Leave yourself with just a small amount of money in your account, and adjust the Player Limit settings in your My Profile so that you can't deposit any more for a month. Otherwise, you'll probably just go through everything you have. And you could always take a break for a week or two. After the first few days, the compulsion to bet will fade and you'll be able to look at things in a different light. Maybe then you'll realise why you went wrong in the first place. |
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are you the same sir bond who used to back under 4.5 goals in every game and brag about your wins on soccer forum and laugh at people who lost money?
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Start from zero every time.
The problem for a lot of gamblers is that if they win, they treat the winnings as "fun" money... until it's gone. And if they lose, they want to get back what they lost, so risk more, chasing an irrelevant target. If it's lost, it's lost. If it's won, it's won. Just try and learn why after each outcome. GL btw. |
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I never laughed at others losing money no.
I have taken time out but it's always in the back of your mind. Not sure where to go with this now. |
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That's good advice 1.01. He should write off the £25K for now. Start from scratch trying to make smaller amounts. If he's good, some day he'll make that £25K back. But until then all he should be concentrating on is making a profit week on week.
Of course, he may first need to take a break for a week or a month in order to get the distance needed to allow himself to bet without being obsessed with the £25K loss. |
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Start from scratch with £100 and just try and build small amounts you mean?
It's easy to say it but as soon as you take a £40 hit you back to chasing it and lose the lot. Back to sqaure one. |
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SIR_Bond
19 Jul 11 12:13 Joined: 14 Nov 07 | Topic/replies: 1,594 | Blogger: SIR_Bond's blog Might save up 10k for the new Premiership season. If you can save up 10k by the time the Premiership starts then I don't know why you're worrying about 25k. |
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If you're able to save up 10k in less than a month you must have a very well paid job. Just don't bet more than you can afford to lose. As much as I like to win other peoples money I always hope they can afford to lose it. A winning run could easily be the result of luck rather than skill. While it may be psychologically difficult to quit while you're behind it may sometimes be the best idea. Alternatively keep stakes small until you are sure you are a long term winner, and then gradually increase them. Keep in mind that 95% are not long term winners.
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Don't why I said that.. I earn 20k a year Im only 27.
Bank loan could be an option. If not start with a bank of £100 and just look to build £5 a day or something. |
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Seriously mate - Quit. 25K is a lot of money and much more than most of us can justify losing for fun. You probably need to recognise that you have a problem and stop gambling before it ruins your life. Find something else to occupy your free time and don't be too proud to seek some help. It takes courage and determination to turn things around, you need to show yourself and those around you that you have those qualities. If you keep gambling you risk dragging yourself and those you love into the mire.
For all the bravado and all the bull$hit on these forums it remains true that it's d@amn near impossible to win on here, please don't get caught out throwing good money after bad. Betting is like one of those fairground stalls where you're trying to throw a ring over a peg that's bigger than it looks - it's natural enough that you get drawn in but there comes a point where an intelligent person recognises that the game can't be won and walks away, only an idiot stands there all night throwing the ring. Good luck. |
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If you're starting to think about bank loans you really should quit. Really.
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This place is very dangerous indeed. I started out at the bookies and was making good money.
I just can't bring myself to walk away from 25k. Like you say it's a lot of money. There must be something I can do to claw this money back. |
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NEVER NEVER NEVER bet with borrowed money.
You'd be shocked at the number of sub 1.1s that lose, I should know as most of my betting strategies hinge around expecting the unexpected. i.e laying the right sub 1.1s. |
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Think of it another way - if you've lost 25k that's 25k that you could have saved up for a deposit on a house, or a whole lot of fantastic holidays, or a nice new car. If you stop gambling you could put the same amount of money aside in the future and buy yourself any number of fantastic things rather than p1ssing it away on here.
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Im happy to take half a year out save some money and risk one more big bank if need be.
What i might do is start with £100 and try and build in the mean time. |
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Forget the £25k, it's clouding your judgement.
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Surely there are people in the same situation as me or I have turned it around from that situation.
These are the people im looking to for advice really. |
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There may be a few - but there are thousands of times more who HAVEN'T turned it around.
If you deposit more money the overwhelming buly of it will go to Betfair, most of the rest will go to Bots. Either way you won't see it again. Use your brain man. Quit. |
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* overwhelming BULK
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Sir bond I remember you posted on a thread I was running during the world cup, you would show up on the odd day or so to post(boast) your positive p&l (usually £500-1.5k) then when ever I asked you about what happened the previous week month etc you never replied, it horrible to see where your stand today but yes you can still turn it around but its not going to be today, tomorrow or by the end of next week, you will need to commit to the long term if you go the next year without losing money that would be a fantastic achievment, then you can gradually start getting it back
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Starting with the £100 bank is definitely the most you should be doing. Absolutely don't go anywhere near a loan.
Also, I get the distinct impression that, deep down, you're doubting whether you can make money betting. Do you know what types of bet have made you money in the past? (And I'm talking about making money over a large number of bets, not just one or two good payoffs here and there.) If you don't know what you're looking for in a potential bet, and aren't confident you can make money in the long term by placing those bets, then you shouldn't be putting any money on at all. Aye Robot's quite right. This is a hard game. There's no shame in walking away (either temporarily or permanently). |
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This is painful for me to read. Based on past occurrences, it would be impossible to recommend you saving the money and starting so big again, especially in your income.
Betting with a bank loan too, that's scary. I feel for you having lost £25k and I can't imagine how hard it must be to let that go, but it is looking like you either play it very conservatively or don't bother at all. Best of luck. |
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Take an amount that you can afford to replenish from your salary every month. By the sounds of it, that amount would be around £100, but it could be more or less - the important thing is that it's not going to really hurt you if you lose it.
Ensure that you have exactly that amount (no more) in your account, and change the limits in your profile so that you can only deposit that amount in a month. The worst that can happen then is that you lose your £100. In which case, you'll have to wait until the month is up before you can deposit another £100. You can't lose more than you can comfortably afford, so you shouldn't feel under pressure. If you find yourself £40 down and are still having trouble chasing, either your discipline is nowhere near good enough, or pyschologically you don't believe you can win, in which case you need to go back to the drawing board and see what you're good at. If you can get back into the swing, then you can gradually up your size. |
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I think the advice given on this thread (apart from aye robots) is very poor. We're talking about a guy who has lost £20,000, has all the hallmarks of a mug with a gambling problem.
If a chap came up to me in the street and said he had lost £20,000 and he wants to get it back and was considering getting a loan, I would be referring to gamcare straight away. I would not be advising him to walk back in bookies with 100 quid. The longer he stays on here the bigger that 20k is going to get. |
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In fact betfair have a repsonsibility to do this now after seeing this thread.
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in mccoy u can trust
ps ill buy ure bm is that will help pps betting corners do not do this |
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SIR_Bond
19 Jul 11 12:33 Joined: 14 Nov 07 | Topic/replies: 1,599 | Blogger: SIR_Bond's blog Start from scratch with £100 and just try and build small amounts you mean? It's easy to say it but as soon as you take a £40 hit you back to chasing it and lose the lot. Back to sqaure one. YOU, need to quit. Unless you can suddenly change your menta approach to gambling this is a dangerous obsession which could potentially ruin you. |
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25k in 4 years nearly.
There is people that have done half of that in a bet no? I didnt think 25k was massive for this place? |
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It's more about your current mentality than the amount lost.
With the mindset of 'I've got to chase it back' things can only go further downhill. |
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Aye robot's advice is spot on , but it's a bitter pill to swallow and I'm sure it won't be taken by Sir_Bond, right Bond?
If you have to keep depositing money, the writing is very clear on the wall that you're failing, and every new deposit becomes a chase of the last one, and on and on and on. You have to recognise that? If I was you I would probably have strictly one last go with a one off deposit of say £200 or so, then make sure you set your account to not accept any more deposits (if that's possible). The chances are if you then continue betting the same way as you always have, you will lose that too. So you also need a new strategy based on obtaining value odds and using a strict staking plan, say 1% of your betting bank. Sounds small I know, but it will grow if you're methodical and patient enough to do it. If you can apply those two criteria alone you will stop losing, and that's the most important thing at this point. |
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Trevh good post. May have ago at this. ^
Slow slow bank building. |
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Whatever else you do SB, you need to stop going on about the £25K. If you're on a £20K job then it's obviously a lot of money to you, and there's no way you can make it back in the short or middle-term without taking unbelievably stupid risks. But the £25K is gone. Possibly, just possibly, you may make it back at some stage far in the future. But for now, you don't have that £25K. Unless you can grasp that, you have no chance whatsoever.
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