General Betting
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PROFESSIONAL GAMBLER
PROFESSIONAL GAMBLER
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Replies: 236
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or during play
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I don't take notice of people who tip.
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I never said my betting was based on picking winners.
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probably about 5 grand down in 10 years here
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That isn't surprising jimmy, if you were serious earlier
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Unlike all the so called professionals here I am a recreational gambler...I have had a big turnover over the years though...enough money to feed a small country I reckon.
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I am probably about 5K up with the bookies over the years...makes you wonder whether it's all worthwhile...al that time for nowt
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if you calling surfing the net and watching sport...then yes
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u are beginning to sound like the taxman
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Jimmy, perhaps if you bothered to take into account the prices at which you were betting, you'd have won rather more over the last 10 years..
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jimmy69 thanks for your contribution. Betfair need players like you. We genuinely love players like you.
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My pleasure. I look forward to doing business with you again.
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I doubt it Lord Bobbin...I need to pick some winners first
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jimmy69 thanks for your contribution. Betfair need players like you. We genuinely love players like you.
Wow talk about smarmy arrogance u25k, theses people who admit to not making much are funding your comfortable lifestyle, show some respect. |
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Betfair need players like you. We genuinely love players like you.
It means we really respect them. We love them. |
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There's a minimal sense in which an activity like betting pays you just for showing up.
If I'm in Coral for the 10 mins. in the mid-morning when they go 8-1 a horse w/ a form chance in an illiquid market, then the horse turns out to be hot, I get paid for my knowledge of the form and my happening to be in the hours in the sense of being in the shop. There's another version of this for market-makers in that odds fluctuations, which tend to be range-bound, work in their favour if they can monitor markets throughout the morning. It seems perfectly reasonable to me that market-makers and drip-feeders (given bf's absurd interface) take from the people who log on and indiscriminately take a price at any point in time. Only one side is putting in the work. |
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*my happening to put in the hours
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Szczesny...I don't know why he loves me. I am unlikely to have lost anything to him.
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He's certainly a little touchy about something
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Jimmy, if you are not fishing or trolling, why look a gift horse in the mouth?
You have an almost 100k a year winner and some other winners earning what wd be in the 40% tax bracket giving you advice on this thread, and you prefer to cast aspersions on their temperament? Why not try to pick up something and become a winning punter? |
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askari...he hasn't give anybody any help...all he has done has posted his p/l
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jimmy-"ffs..if you pick winners it doesn't matter what odds they are...you will win FACT"
I mean anyone who speaks facts like above are valuable and respectable customers. I can be called smug/arrogant only if I don't understand their value and their contribution to this platform. |
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u25k,
You win on here, well done. jimmy69 loses. Be smug, you deserve it :) |
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U25K...you have won an awful lot more money on here than I'll ever win and for your success at that you have my respect. It's interesting though that the one question of mine that you avoided answering is why you feel the need to convince (ie prove rather than just tell) us all that you're a big winner.
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It makes me feel happy if people believe what I say. If I just state they are going to say not possible as they can't accept the truth that it is possible. By showing the video I am proving that it is possible.
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It means we really respect them. We love them.
walofs, in context of the dialogue previous, it's a clear as daylight you were being arrogant, and you also like insulting people's intelligence. |
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no
 I think few years back I remember a topic where losers were stated as mugs. In the same topic finally everyone agreed that they are more important to betfair. I really mean they are very important to betfair platform and love them. |
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A group hug
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Oh go on then jimmy
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I think that both sides to this argument have merit. That is Jimmy is not totally right or wrong.
Obviously if any system wins long term, it must be making selections that win to a greater degree than their implied probability. That is one is finding value in the odds. On the other hand, any truly robust system can generally win at odds substantially less than the odds it usually achieves, because the odds themselves are so approximate and subjective in sporting events. My personal experience is that odds obtained can be reduced by factors of 5-10% and still result in a reasonably profitable syste. I think this odds variance sensitivity will be a function, more or less, on the incidence of your bets. I find that the more you bet the less you can generally take lower odds.That is less best in this respect. But betting in less volume means compensating with higher betting amounts, which runs you into liquidity constraints. There's always a downside to everything in betting, or so it seems to me. |
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Also on the u25 K posts. Well done.
However they do raise an interesting question to me. Here we have a successful gambler who, after quite a few years of consistent success, is still only earning circa 100K pa. Does this mean that it is really difficult for conventional punters ( that is non bot non-high frequency traders) to scale up above this level. Is the liquuidity out there to earn 4-5 times that ? In my personal observations, the systems I apply have this type of ceiling to them, due to reaching max bet sizes available at " reasonable " odds. |
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Btw don't all say welcome back at the same time and overlead the BF servers.
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overload.
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U25K thanks for your answer. I can see wht you provided proof as you've done, otherwise people might think you're just another Billy Bullsh***er like so many on here. I can understand why it'd make you happy that people here believe you about your winnings.
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Fafh, there has to be a limit to what a strategy can win on here because there are not unlimited bets on the other side.
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Btw jimmy, my earlier post was more in support of u25k than against you.
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jimmy, he's said that he doesn't back what he thinks will win; instead he backs anything that's bigger odds than what he makes it.
He's able to find an edge (identifying wrong odds) by picking up on momentum changes in football and tennis matches faster than the market--which in football will mean going against decay-of-time bots. This shd be enough to get started w/. It's not hard to avoid defeat if it matters to you--if you have the hours and the stamina to spend them in front of a bf screen. |
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tennis is well established. Odds are not usually wrong. If you think the odds are wrong it is only our own perception which again may be right or wrong. But if you don't panic and pick the momentum of game it is not that hard to make money.
I used to back in tennis and watch my bet waiting for the result and used to panic when it is going wrong way. I think now I am trying to be as active as possible and trading as early as possible to take some profit and get out. |
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odds are usually not wrong
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