General Betting
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i know im not , spent lots of time and money getting nowhere bet most will be in same boat too,but i still stress i have enjoyed trying.
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really has 2 letter l lol
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that is why look at the "utility" of betting as opposed to the absolute maximising of ones profit.
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Keep records and ask yourself "Why do I gamble?"
If it is purely to make money, then unless you can identify a clear edge on each bet, give up and do something more profitable with your time. If it is for fun then buy your fun at the cheapest possible price - don't overstake and try and get the best price every time. With industry wide markets as they are, it is possible for everybody to get loads of action and stand a fighting chance of ending 2012 in profit. |
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JTG, what do you mean by identify a clear edge on each bet ?
Are you saying that you know you have a edge when placing bets or is it that you only think you have it ? If it's the latter I agree, but I don't see how anyone can know that each individual bet placed has value as long as we are talking of sportsbetting. |
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Ask yourself before each bet - "What is my edge here?"
I agree that it's your opinion - it's only your p@l that can tell you if you are right on a long term basis - and even then don't get carried away, you might just be a lucky chimp! |
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i'm well ahead over my lifetime but have probably recouped much of what my Dad lost over his lifetime - funny how these things even out .
no doubt there are many millionaires alive whose own fortune will one day be spent on drugs etc |
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when i raise my stakes--its like---automatic loss syndrum(als)
keep same stake |
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Manchester United, Australia, New Zealand, Phil Taylor and last and least John Higgins
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