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£5 a day profit....
£5 a day profit....
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Replies: 75
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...'with very little risk'... but not without risk, remember
if something can happen then eventually it will happen, GL take care. |
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[b]''Why does that matter''[/b]? If you are trying to win a certain sum
every day, it matters. you will be unsuccessful in what you are doing. |
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Now you are taking the piss.
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Most definitely not.
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there will always be an element of risk but i disagree everyone would be doing it if it WAS possible because I know I could maqke 5 quid a day and yet i am still a loser overall because thats not what im trying to achieve, i lack dicipline, as do most on here no matter what they say.
gamblers should not be thinking in terms of 'a day' either, as there may be days there is no bet but as i said if we are talking about 5 quid the martingale system will work of your bank is big enough. I would never advise systems and i dont believe in them tbh but if u had a bank of 10k and laid every fav in horse racingeveryday until you won 5 quid more than u started the day with i imagine you would achieve this goal rather easily. If you wanted to win more at a time then u would start to get in to the trouble. bank size is the key, can u handle loss after loss after loss until u hit. gl |
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I'm hoping that betting in "units" is the answer - bet so many units a week, hopefully make a profit, and then increase the size of the "units" rather than changing the staking or approach
Could work here as well - mind you, I'm actually punting not trading, scalping, etc and looking to make money each week - on average - rather then each day |
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CJ70, please explain why you think I am being silly,
also explain in detail how one would go about winning £5 EVERY day. |
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It can be done. The biggest problem, without a doubt in my mind, is chasing a loss. Making a fiver a day for 20 days, then taking a loss of 75 on a bad bet makes a guy do silly things.
Making 2 grand a year averaging a fiver a day is really like making 4 or 5000. Making 2 grand means you aren't losing 2 or 3,000 like I guess most people on here manage to do. Of course I'm making some assumptions. |
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Unfortunately have to agree with K.....that EVERY day making a profit appears difficult if just betting not trading in respect of HORSERACING.
The losses will come some days.....even having the best system on planet. If you just restrict your "target" profit to £5 a day ........you are not taking advantage of edge/s you possess, reaping the rewards of VALUE bets. You have to stick to betting strategies that work well enough to grind out profit regularly enough to make over all profit. With consistent STAKING for each strategy a profit should be made IF you have sufficient edge/s within your system. The fluctuation in PROFIT and LOSS from race to race have to be that generally when you win on a race your win amounts are far higher than the bigger loss amounts. |
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[b]Unfortunately have to agree with K.....[/b]
Why unfortunately? |
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  Caught ya! |
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Pennies, but pennies add up.
Quite. There are say 20 horse races a day, dozens of greyhounds races, dozens of football matches, tennis, basketball, cricket, etc, etc. Each has side markets. Just taking horse racing, £5 a day, is simply 25p a day. It's not hard at all to make £5 a day. It's a question of whether that's all you want to do, and whether you can be bothered to try make just a few pennies on a market and then move on. |
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Indeed. I'd even suggest you could make £5 a day offering impossible outcomes if you have live pictures although that market is saturated I would have thought.
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If you have a market where the price is clearly wrong(50-60% of certain markets
Who says they are wrong? |
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I think he is kidding himself.
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compounding is gorgeous
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its easy as long as you have the patience...greed is not good.
Turned £50 in to just over £600 in a week backing and laying for a few ticks  Withdrew £500 and started again today GL |
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turned 50 into 600 in a week ... for a few ticks here and there ..
You are doomed to fail ..100% |
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@ ZEALOT
I'll win more thanI lose by doing this |
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The question asked was whether £5 a day could be achieved, I say it is can as long as you choose the right market and get in and out ASAP, do that over a few games/markets a day and £5 definitely achievable
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For Kenilworth : Somebody out there is making a nice living on here so how do they do it in your opinion ?
For Dfcironman : I thought you had a winning system for Horseracing ? Have you given up on Football ? I think that Football is too unpredictable to make a profit long term. I have seen some disasters on here down the years and been involved in some of it  There is potential in Horseracing but only certain types of races. Problem is I have no Discipline and funds very low! |
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Ernie, I don't know anyone who actually makes a ''nice''
living on here. There may be people who do, but I don't personally know them. Do you know people who manage that? |
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EB - Due to a death in family in 2011, then I opted to look after 88 yo mother( then) with various health and age related problems. In 2012 then had major operation, which went well, but my energy levels have been pretty low for most of 2013. Also some technical problems that I have had to work my way around, although I'm stuck with having to manually input races in order to use system.
With personal circumstances knocking me sideways, and with low energy levels in 2013, then I have concentrated on other betting strategies for the ratings ( already had devised strategies for top 5 favourites that work well when applied to rated races) in 2013.........all the time hoping my energy levels would improve. So now have 10 new betting strategies, from the further analysis of all rated races using the system, as well as the betting strategies for attacking the top of market. I will be using "system" in early January with a few selective strategies that should work well in that month. No time for FOOTBALL bets, as I don't have an edge and will need all my time and energy to operate the system etc , as well as look after 91 yo mother! It is all very well having devised a complicated "system" .........it is devising betting strategies that consistently "work" at different points in season for AW, TURF and NH ( mainly BACKING strategies) that exploit what the system was devised for......assisting to find VALUE bets. Analysing results for rated races , then checking out various strategies has taken years to get to this point. The delay caused the last 3 years by personal circumstances probably has led to me being far better prepared to use the "system" with betting strategies devised the last 3 years, than if the sideway kicks had not happened..........So whilst I regret the events that have happened the last 3 years, the "system" has stood up to detailed checks carried out and I am now feeling mentally tougher, though physically may struggle a bit in my circumstances to operate the way I should be operating! GL all with bets/system devising and health in NEW YEAR......Cheers the nooooooooo |
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Soccer / Dunfermline v Rangers : Over/Under 4.5 Goals 30-Dec-13 19:45 30-Dec-13 21:40 3.33
Soccer / Belenenses v Beira-Mar : Over/Under 3.5 Goals 30-Dec-13 18:00 30-Dec-13 19:53 5.22 Soccer / Manisaspor v Bucaspor : Over/Under 3.5 Goals 30-Dec-13 18:00 30-Dec-13 19:52 1.44 Soccer / Busaiteen v Al Riffa : Over/Under 3.5 Goals 30-Dec-13 15:00 30-Dec-13 16:52 5.28 Soccer / Busaiteen v Al Riffa : Over/Under 2.5 Goals 30-Dec-13 15:00 30-Dec-13 16:52 5.23 Soccer / Al Wasl Dubai U19 v Al Jazira U19 : Over/Under 2.5 Goals 30-Dec-13 12:55 30-Dec-13 14:54 0.48 Soccer / Al Wasl Dubai U19 v Al Jazira U19 : Over/Under 3.5 Goals 30-Dec-13 12:55 30-Dec-13 14:53 7.13 Soccer: £28.11 |
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Good luck and happy new year.
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Happy New Year guys,and thanks for all the input on this topic.
DFCIRONMAN I hope 2014 is a good year for you. |
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I have not read the whole tread as its to long but for sure if your 5 is risked against a 50/1 shot you will last longer but eventually you will loose.If you are able to make the 5 out of movement then you can only win.
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There are people who JUST play ante post markets and make alot of money doing so .I could name a few specialists but I might destroy their advantage .One is freely available who is paul jacobs.Shows a large profit from ante post .Happy new year .
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there will always be an element of risk but i disagree everyone would be doing it if it WAS possible because I know I could maqke 5 quid a day and yet i am still a loser overall because thats not what im trying to achieve, i lack dicipline, as do most on here no matter what they say.
gamblers should not be thinking in terms of 'a day' either, as there may be days there is no bet but as i said if we are talking about 5 quid the martingale system will work of your bank is big enough. I would never advise systems and i dont believe in them tbh but if u had a bank of 10k and laid every fav in horse racingeveryday until you won 5 quid more than u started the day with i imagine you would achieve this goal rather easily. If you wanted to win more at a time then u would start to get in to the trouble. bank size is the key, can u handle loss after loss after loss until u hit. --------------------------------------------- 10k bank to win £5 per day? Now that suggests to get even money on your £10k at level stakes, you would have to be successful with the martingale for 2000 days, or around six years. Not likely. One day you will get up and have results like the following: Say average odds of 3.0 for favs. Bet 1- lay 3.0 for £10 liability to win £5. lose Bet 2- Lay 3.0 for £30 liability to win £15. lose Bet 3- Lay 3.0 for £90 liability to win £45. lose Bet 4- Lay 3.0 for £270 liability to win £135. lose Bet 5- Lay 3.0 for £810 liability to win £405. lose Bet 6- Lay 3.0 for £2530 liability to win £1215. lose Bet 7- Lay 3.0 for £7490 liability to win £3745. lose-bankrupt |
