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GUSCHER
22 Aug 14 16:40
Joined:
Date Joined: 02 Jun 08
| Topic/replies: 5 | Blogger: GUSCHER's blog
Hi, I was in the fortunate position of being in receipt of £20k this time last year, I didn't  really need anything pressing so stuffed it all into a higher interest building society account. Well I knew the rates were not good but still thought it a good place to put it but when I got the interest of a few hundred quid this year I thought this is daft, surely  I can do better than that and although I have been a member of betfair for about 10 yrs now, without much long term luck, I thought if I put half my windfall into betfair with an expectation of just getting a bit more than the b/s account, then it shouldn't be that hard to do? Surely if I wanted to make just 10% on my bank over the next year it can't be that difficult, can it? After all I'm only looking to make £2.70 per day out of 10 grand. So if I were to lay a middle teens horse once a day for £2.70 with continued betting throughout the day &/or the next day on a loss or two I would soon get it back,right?  Or am I so delusional  to think that might work instead of losing the whole £10k during a spiteful recovery period!??? help and answers very much appreciated!!
Pause Switch to Standard View Investment or just deluded!
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Report henok August 23, 2014 7:52 PM BST
if you are not sure to deposit the 10k, it is because you dont know what you will do with it. there is only one outcome sooner or later. you will lose it. Just do something you like in life with the money than losing it here.
Report stu August 24, 2014 11:56 AM BST
Can I ask - do the layers on here (presuming successful) mainly target single position-like lay or multiple (ie closer to making a book)?
Report stu August 24, 2014 11:57 AM BST
King of Dubai
Robust BRM guards against the losses stu.


Yep, though that takes a fair amount of discipline at times, I know.
Report layer1982 August 24, 2014 12:11 PM BST
I personally try and make a book...

In terms of how to deal with big losses, I think it would be silly not to listen to people who have been there done it. I certainly wish I had that option when I was going through. Whether I would have listened is another matter :)
Report dlarssonf August 24, 2014 12:52 PM BST
What's wrong with putting 2 grand in and give yourself a year to see how you get on.  No targets just seek what you perceive to be value and work away. If you lose it's something you are comfortable with, it you are up happy days, and if you break even at least it was a hobby that kept you entertained for a year with minimum costGrin
Report stu August 24, 2014 12:52 PM BST
Layer - amazing how many times you can here 'keep the discipline' from others, think you've got it....then blow all over again!
Report stu August 24, 2014 12:52 PM BST
*hear
Report stu August 24, 2014 1:00 PM BST
I personally try and make a book...

I have never done it strictly, but some analysis and planning I did a couple of years back was into targeting specific horses only, as it seemed more logical. i.e. find a specific weakness/reason for why a horse was not getting the win. Just seemed a simpler (perhaps more motivated) strategy?
Report Schalke 04 August 24, 2014 1:56 PM BST
If I had £10k I could easily make money from it ... I would just buy up all the outright lays on the snooker events, buy money on ffotball markets. I would not take any risks at all, it would all be 100% winning investments. Horse, oooft, I would stay clear of them mate
Report stu August 24, 2014 2:22 PM BST
How do you describe being able to 'buy money on football markets' Schalke?
Report Schalke 04 August 24, 2014 5:43 PM BST

Aug 24, 2014 -- 8:22AM, stu wrote:


How do you describe being able to 'buy money on football markets' Schalke?


Plenty people want to lay off in matches, correct score markets, total goals markets ... get the odd one laying off on a result thats already happened

Report Northbouy August 24, 2014 5:54 PM BST
why do people this its easier to make money with bigger banks?
Report seaview August 24, 2014 6:39 PM BST
Whats the point of making 2.70 pd,it's neither here nor there, and with 10k potentially at risk from the unpredicables of racing.

It's pure madness on the time eliment alone.

Forget the whole idea is my advice and be thankful youve got 20k.

Remember 'Cash is King'
Report stu August 24, 2014 6:43 PM BST
Get that he mentioned 10% would be equivalent of 2.70 per day - so in essence no reason you would even need 10k to aim for that sort of profit of course.
Report stu August 24, 2014 7:02 PM BST
You could aim for that realistically with a bank of £500
Report Schalke 04 August 24, 2014 7:05 PM BST

Aug 24, 2014 -- 11:54AM, Northbouy wrote:


why do people this its easier to make money with bigger banks?


Cause it is

Report Schalke 04 August 24, 2014 7:06 PM BST

Aug 24, 2014 -- 12:43PM, stu wrote:


Get that he mentioned 10% would be equivalent of 2.70 per day - so in essence no reason you would even need 10k to aim for that sort of profit of course.


Good point, you could easily use £300 and do 1x 1.01 bet per day ... easy

Report stu August 24, 2014 7:13 PM BST
That's a slightly more risky (kelly-wise) staking plan than I was thinking Schalke Grin
Report Northbouy August 24, 2014 7:23 PM BST
care to elaborate why it is schalke?
Report Deltâ August 24, 2014 10:03 PM BST
10% of 10k - I will turn for you in one month  - but only using 1k bank ...
Report GUSCHER August 24, 2014 10:37 PM BST
Hi and thanks for all your comments, I would be more than happy to share any profits over £2.70/day using my £10k please just tell me how and when to bet!!
Report GUSCHER August 24, 2014 10:46 PM BST
Don't forget £2.70/day from a £10k investment is way,way beyond anything you could expect from a bank/building society or even stocks and shares would be difficult! and if you compound 0.3%/month for a few years well, you do the maths! but remember consistency is the key!
Report GUSCHER August 24, 2014 10:57 PM BST
Sorry of course that should have read 0.833%/month!
Report Schalke 04 August 24, 2014 11:58 PM BST

Aug 24, 2014 -- 1:23PM, Northbouy wrote:


care to elaborate why it is schalke?


The bigger the bank the better I can use my system ... check out my thread in general betting, this is the way I bet at the moment ... the more money I had to use the more money it would make. If it had been £10k I could have started with I would be on £5k and not £500 winnings

Report Schalke 04 August 25, 2014 12:00 AM BST

Aug 24, 2014 -- 4:37PM, GUSCHER wrote:


Hi and thanks for all your comments, I would be more than happy to share any profits over £2.70/day using my £10k please just tell me how and when to bet!!


No no no no no, you can't have £10k and have others telling you what to bet ... if this is your strategy, then please just go to a charity shop and put the £10k in a brown paper bag and walk in it and leave it on the counter

Report Northbouy August 25, 2014 4:18 AM BST
schalke, whats it matter how much you have, your average bet seems to be 1 pound to win pennies.
Report GUSCHER August 25, 2014 10:33 AM BST
Thanks Schalke, but where is the fun element in that!!
Report GUSCHER August 25, 2014 10:37 AM BST
Also, isn't that what these so called tipsters do, sell you tips. That's another avenue I explored but can their so called verified results be relied upon?
Report mandarin August 25, 2014 11:06 AM BST
"why do people this its easier to make money with bigger banks?"

one of the more obvious reasons is that you can play in multiple markets at the same time - difficult with a piddly pot
Report stu August 25, 2014 11:28 AM BST
Bigger bank also = greater potential for loss during a tilt period. Prob why on average I'd guess larger banks have actually = larger losses overall on BF history.
Report stu August 25, 2014 11:30 AM BST
Thanks Schalke, but where is the fun element in that!!

You started off the post talking about investments, now you're looking for 'fun' which is slightly revealing...Wink
Report maas August 25, 2014 11:32 AM BST
How does an extra zero in the account turn a mug into a winner?
Report mandarin August 25, 2014 11:39 AM BST
How does an extra zero in the account turn a mug into a winner?- exactly! Common sense is to play with smaller stakes. If you smart enough (or lucky enough as some people think) to gain an edge then up your game. Am sure the biggest losers in the history of BF have had the biggest banks to play with.
Report LEGIT August 25, 2014 12:52 PM BST
I am in a similar situation to you Guscher and I would never consider leaving money in the bank unless I have got millions and retired, you could start a small part-time business with it do a million things that can bring you a fair return in the long term.

With regards to betfair and I have been on a bit longer than you its all about discipline and expectation and targets imo,when you have 10,000 in your account what you gonna feel like winning £2.70 a day, will you try and push it, will you be satisfied with £2.70? Theoretically you will but in reality? When you lose will you chase it?

So my suggestion is I would go for a higher daily percentage and compund it too for a shorter period of time and if good enough and lucky enough you'd be amazed with the return but crucially you must STOP WHEN THE TARGET IS HIT THAT DAY AND EVERYDAY, switch the ****g thing off, if that all makes any sense!
Report Schalke 04 August 25, 2014 4:03 PM BST

Aug 24, 2014 -- 10:18PM, Northbouy wrote:


schalke, whats it matter how much you have, your average bet seems to be 1 pound to win pennies.


You quite clearly don't pay attention to details then do you

Report Northbouy August 25, 2014 4:25 PM BST
sorry, for about your chase bets and emergency banks.
Report Schalke 04 August 25, 2014 5:13 PM BST

Aug 25, 2014 -- 10:25AM, Northbouy wrote:


sorry, for about your chase bets and emergency banks.


Can you repeat that in a properly constructed sentence in English please?

Report Northbouy August 25, 2014 5:23 PM BST
sorry, forgot about your chase bets and emergency banks.
Report Schalke 04 August 25, 2014 6:28 PM BST
As I said, you don't pay attention to details
Report Deltâ August 26, 2014 9:47 PM BST
told ya it could be done at 22:03...


yesterday 100/1 shot posted tbp = 3rd 100/1

today 100/1 winner posted.... won BFSP 68.0 ish  BF reduction applied!
Report HonkyJoe August 27, 2014 11:15 PM BST
Guscher, forget it. It's not really that much easier to bet with large sums than small sums. Ultimately, you've got to be getting more back than you're risking, no matter how big or small you're going. 

If you start off with more money, you can certainly accelerate the time it takes to get to big bucks. However, that holds true only if you have a proper working system to begin with. And, it's quite clear from your comments on here that you have no such idea.

In short, don't bother. You'll only lose any money you 'invest' here unless you know what you're doing.  Just put it into wine or something if you want better returns...
Report GUSCHER August 28, 2014 7:17 AM BST
Thanks for all the comment and advice, maybe I will just use 25% and give it a go anyway, trouble is 10% profit per year on that hardly seems worth it! but you have to start somewhere!
Report stu August 28, 2014 7:28 PM BST
Out of interest, do you think you've got an edge over the market as a layer? If not, then how will this make money long term? Not knocking your gumption for having a go, but you see what I mean?
Report GUSCHER August 28, 2014 8:38 PM BST
Thanks Stu, no edge, just thought the bets are so small, to try and make 10%/year it would be hard to lose it all, or am I deluded as the post heading may suggest?!!
Report DFCIRONMAN August 28, 2014 9:48 PM BST
LAYING horses, is extremely difficult to do without having any "edge".

You probably stand a better chance of making a profit if you backed the "middle teens" horse you select in a race, especially at BF SP odds. though, again, without any edge this is also difficult to do.

If you are relying on LUCK , re getting away with a LAY, then eventually a BLACK SWAN day will eat into your bank and you will probably CHASE !

Trust you are taking commission into account on the £2.70 per day figure???

Just cannot see you, without an edge , managing to keep your bank re LAYING "middle teens" odds horses.
Report GUSCHER August 29, 2014 8:39 AM BST
Thanks DFC and all, I'm sure you're all right. and I have tried backing gets a bit depressing with long losing runs! think it's a bit psychological with laying as you seem to win so many, so it's a bit of a feel good factor! until the inevitable happens of course. My other system is a lay a day which is working o.k but it takes a long time to recover the losses!
Report stu August 29, 2014 2:37 PM BST
It is certainly a psychological factor - the lack of losing runs I agree. However there is also the psychologically negative factor of taking a big hit at times. That hurts more of course.
Report aye robot August 30, 2014 6:15 PM BST
Guscher if the money is important to you please don't waste it here. There is no fundamental difference between making a little bit of money and making a lot. I'm sorry to say it but if you haven't made money in the past then there's no reason at all to think you'll be profitable in the future, simply having a small target and plenty of cash won't help you win.

Despite what people say you don't lose because of greed or recklessness, you lose because of fundamental laws of maths. Those laws still apply whatever your attitude and if you don't understand that you're never going to win. 

If it's money you can afford to chuck away then go for it and see it as fun, but it won't ever be an investment.

The bottom line is that the people who make this pay never need to "invest" their savings, they just start with a tiny little bit of cash and build it. If you can't do that then you can't do it at all.

I hope you won't take offence at this - I don't mean to be rude but if your question is sincere then you deserve an honest response, so there it is.
Report GUSCHER August 30, 2014 8:20 PM BST
No offence taken at all. I appreciate the advice and all the comments here, I am just surprised to learn that the general consensus seems to be that no matter how big your bank and how ever small your expected  profit you will at some point lose the entire bank, even if you are only trying to profit a few quid a day! So the only way seems to be huge knowledge/inside info? I would purchase some blue chip shares but you don't even know with those, I lost a couple of grand in Northern Rock! Just find the banks a very boring investment! but thanks anyway!
Report GUSCHER August 30, 2014 8:20 PM BST
No offence taken at all. I appreciate the advice and all the comments here, I am just surprised to learn that the general consensus seems to be that no matter how big your bank and how ever small your expected  profit you will at some point lose the entire bank, even if you are only trying to profit a few quid a day! So the only way seems to be huge knowledge/inside info? I would purchase some blue chip shares but you don't even know with those, I lost a couple of grand in Northern Rock! Just find the banks a very boring investment! but thanks anyway!
Report CJ70 August 31, 2014 2:15 AM BST
Boring investments are the best investments. If it's not boring you are investing in the wrong place.
Report stu August 31, 2014 4:46 PM BST
I'd say you wouldn't be losing that much Guscher (ie your bank) unless you upped stakes and chased, so fair enough it may be a risk you want to do.

But it does sound more like a hobby to you, rather than an investment. Which is also fine of course. Blimey, some do actually treat betting like a game (unlike the serious players that hover around the GB forum Cool)

I guess betting to win small amounts with a big bank is pretty safe, as long as you don't chase. I only wish I actually had a big bank to start with!
Report HonkyJoe September 2, 2014 1:10 PM BST
No offence taken at all. I appreciate the advice and all the comments here, I am just surprised to learn that the general consensus seems to be that no matter how big your bank and how ever small your expected  profit you will at some point lose the entire bank, even if you are only trying to profit a few quid a day! So the only way seems to be huge knowledge/inside info



I don't know why people have this idea that it must be possible to go on making small amounts of money, provided you start with a substantial amount. In the long-term, you either have a strategy that sees you getting some sort of value, or you lose the lot.  How else do you expect to win? 

If you punt 1.05 shots all the time, you're still going to lose overall, unless you're extracting some sort of value.    Having a significant amount of money and a small daily target means you can keep doubling up when you lose. But even that strategy will lose in the end.

Sorry to break it to you, but yes, you do need to have 'huge knowledge' - or at least a decent amount of it - in order to make money.  Why should it be otherwise?
Report GUSCHER September 2, 2014 4:14 PM BST
Cheers H.J If you keep doubling up how can you lose if you have a limitless bank, you may run out of liquidity in that market, but if you kept piling it on you would get your money back in the end, isn't that why they have limits on the roulette tables?
Report Charlie September 2, 2014 5:50 PM BST
Commission.
Report HonkyJoe September 3, 2014 1:33 AM BST
Liquidity
Commission

And, of course, long losing runs. Which aren't common, but will happen. You try and make £2.70 by betting on 2.0 shots and doubling up every time you lose, for instance, and if you lose 11 times in a row, that's your 10K gone. Such runs will come along if you do this on a daily basis.  Bring in some sort of stop loss (say, reset the bet amount if you lose five times in a row) and you'll find yourself hitting that stop loss on a regular basis.

You have to learn to make money before you make money. You can't just turn £10K into a regular daily income simply because you have £10K.
Report GUSCHER September 3, 2014 7:54 AM BST
O yer I realize that H.J it was really a theoretical question that with limitless funds and liquidity on the favorite, you couldn't really lose could you? bit like roulette without the higher limit you could keep doubling up and eventually you would win it may well take many many £10K but you be in profit in the end. Bit of a silly hypothesis really because who would be rich enough to £50k (or more) to make £2/day, but even so quite an interesting thought!
Report GUSCHER September 3, 2014 8:01 AM BST
This is taken from my other post, it's still doing well, I realize doomed to failure! but it's only profit and some fun, but I don't really want to throw away the other £10k just would like to get a bit more than the banks are offering!!

I only have one laybet a day. If it loses I have made my target profit for the day. If it wins I have lost that day but I spread that loss over the next 3 or 4 days days. I increase my odds range by 50% so that I only get a few bets on per day/or stop at one third or quarter of recovery, but with the increased odds range I should hit fewer winners & with a little luck! this will only happen a few times a month. Although I have had a bad run and it has taken me 21 days (7x3!) to recover (May). But I have made a continual monthly profit so far since January. So I'm not increasing the stake for my recovery bets but just increasing the frequency of bets per day for recovery. I know people don't agree with recovery but I don't see it as recovery as I'm not increasing the stakes. I know it's a bit boring to have only one bet a day and it wouldn't suit everyone's taste, but profit is profit! Has been going well since January with profit running at +£3000 from £30 lay bet with a 90.6 S.R. Cheers
Report GUSCHER September 3, 2014 8:08 AM BST
Although must admit August was a bad month! as I spent most of it chasing early losses ended up just £2 up!
Report maas September 3, 2014 8:20 AM BST
HonkyJoe    02 Sep 14 13:10 
I don't know why people have this idea that it must be possible to go on making small amounts of money, provided you start with a substantial amount. In the long-term, you either have a strategy that sees you getting some sort of value, or you lose the lot.  How else do you expect to win? 

--------

This theory comes out all the time (there's a similar thread on the football forum with the same suggestions), that you cant make money with a small a bank, but if you had a large bank its very easy.

"If I had 5k I could make £100 a day with no risk" - These people should be taken to a padded room. Its no surprise they dont have 5k.

Its all a method of chasing, that if you have a few extra zero's in the account it will insulate you from a sequence of losing bets, and you can continue placing the same bets and make money.
Report kid September 4, 2014 1:23 PM BST
Alright Guscher,dont often repply or get involved in the forum,but after reading some of yr comments,i can assure you you can make a good bit of money on here,especially with a bank of 20k,since March due to unforseen circumstances,i now make about 20% profit a month,which i need to do.Would share with you,one to one how easy it can be done.
Report mandarin September 4, 2014 1:34 PM BST
Excited
Report Schalke 04 September 4, 2014 3:26 PM BST
It's easy of you know what you are doing. You need to have a different betting mind to normal "punters" ...
Report ZEALOT September 4, 2014 7:34 PM BST
DONT BE GREEDY .

The dripping tap fills the bucket .
Report GUSCHER1 September 4, 2014 9:37 PM BST
Absolutely agree to that Zealot, Greed is the devil!
Would love to hear your tact  Kid, send me a message if you would like to discuss.
Report CLYDEBANK29 September 4, 2014 10:49 PM BST
be careful GUSCHER on any advice you get from kid.  My first thought after reading his/her post was Nigerian swindle.

I should add I have no idea who he/she is but I don't want to see anyone on here conned.  Indeed you could be in on it too and your OP was part of the ruse.  I doubt that like.

You are either ungenuine (fishing), ungenuine (sly) or delusional.  Hope you are delusional.  Keep the £20k and spend it on something worthwhile or invest it wisely.
Report CLYDEBANK29 September 4, 2014 10:59 PM BST
"you can make a good bit of money on here,especially with a bank of 20k,since March due to unforseen circumstances,i now make about 20% profit a month,which i need to do"

To clarify these are highly dubious and doubtful claims, bordering on the ridiculous.  They are unsubstantiated and Imo they are very likely to be bogus.
Report GUSCHER1 September 5, 2014 4:21 PM BST
Thanks Clyde, appreciate the warning and heeded!!
Report Schalke 04 September 8, 2014 3:17 AM BST
If i had your £20k i would have made £15,000 so far with it in the last 6 months using my system that is in this forum ... simple
Report stu September 8, 2014 11:54 AM BST
That assumes that all your trades would scale up to that level of stake Schalke - not necessarily true.
Report Schalke 04 September 8, 2014 1:30 PM BST
Well, at present all my stakes are with bookmakers and I'm sure they would accept all the bets ... easy money
Report Schalke 04 September 8, 2014 1:31 PM BST
£2.70 per day GUSCHER1 would be happy with, ad do a years worth in one day with not a lot of risk ...
Report desperatemunter September 8, 2014 2:19 PM BST
the 'kid' statement is a definite con : I know this from the fact it's not written anything like correct English (forgive a spelling mistake for sure, but kid's words don't even constitute intelligible sentences.).  Thats all it takes. That alone does reveal a truth concealed.
Report desperatemunter September 8, 2014 2:22 PM BST
'due to unforseen circumstances . . ' lol - that must've fallen wholesale from a 419scam post.
Report Stevie Strikes September 9, 2014 1:13 PM BST
Well spotted, King of Dubai!
Report GUSCHER September 10, 2014 8:17 AM BST
K.O.D I am only one!
Report GUSCHER September 10, 2014 8:19 AM BST
Thanks again  for the warning Munter
Report GUSCHER September 10, 2014 8:34 AM BST
Schalke, I would love to be able to follow your 1/7 system if I had the 24/7 access and the time! Or if you could automate it and send me the bot! but like the post and pleased it's doing well.
Report GUSCHER September 10, 2014 8:51 AM BST


Link for image of my results "backfitted" for a year. Compiled by a nice chap on another site. Results seem to be holding up at the moment but I will let you know if those results match the graph in 4 months time! based on system posted here on july8
Report GUSCHER September 10, 2014 8:54 AM BST
Sorry that should have read 3rd sept!
Report CLYDEBANK29 September 10, 2014 4:50 PM BST
Looks about as useful as a trampoline on the moon Guscher
Report GUSCHER1 September 11, 2014 10:16 AM BST
Well you have to reach for the sky eventhough you are more than likely to fall back to earth with a bump!
Report Stevie Strikes September 11, 2014 10:46 AM BST
Is that GUSCHER's opinion too?
Report CLYDEBANK29 September 11, 2014 11:03 AM BST
Back fitting "Martingale" is dumb, delusional and dangerous.  The graphs are sugar coated bollox. 

If you want to reach for the Sky stick the £20k on someone to win the Champions League.  Sit back and hope for the best.
Report GUSCHER September 11, 2014 9:00 PM BST
I may be a gambling novice a have lost a bit of money on the journey so far, but i aint a £20k dumb nut! and I am up almost £3.5k since jan  using that method. I have removed my original bank so if it doesn't work out and I lose the lot it doesn't matter it's only profit at the end of the day.
Report CLYDEBANK29 September 11, 2014 9:54 PM BST
take the 3.5k and have a great holiday.
Report GUSCHER September 12, 2014 6:10 PM BST
Rather have fun losing £3.5k than go on holiday, what real gambler wouldn't!
Report Stevie Strikes September 12, 2014 6:52 PM BST
Me, for starters.
Report aye robot September 15, 2014 3:18 PM BST
Rather have fun losing £3.5k than go on holiday, what real gambler wouldn't!

One who makes a profit.
Report aye robot September 15, 2014 3:18 PM BST
Rather have fun losing £3.5k than go on holiday, what real gambler wouldn't!

One who makes a profit.
Report kid September 17, 2014 10:32 AM BST
Glad yr still doing well Guscher,first time on here since my last comment to you,enjoyed reading that i am a Nigerian swindler,one of the reasons not to post things on here,people get easily jealous of others ability to make money.They can clearly see i joined betfair in Feb 2002,any way keep yr profits rolling in and good luck.
Report ilikewavingatbuses September 21, 2014 1:44 AM BST
£2.70 a day with a 10k bank?

Is this a joke?

Just lay each fav horse racing til u  make it for £2.70 profit on the day, a bank this size will handle loss after  loss till the win comes in.
Report GUSCHER September 21, 2014 9:05 AM BST
Thanks, but £2.70 per day from £10k is far in excess of what any bank/building society would give you, so if your statement is true & without risk to your entire bank, then why do people continue to accept the lousy 1-2 %/annum from the banks, why don't they just use Betfair? I mean your above strategy is hardly rocket science!
This is why I asked the question in the first place.
Report trebor September 21, 2014 12:16 PM BST
Because it will probably work 99% of the time, the other 1% you lose the lot, you can make £2.70 a day from £100 or less, if you have not got some kind of edge you will lose the lot.
Report GUSCHER September 21, 2014 1:06 PM BST
I agree with that Trebor & laying every favourite and chasing is not an edge!!
Report ilikewavingatbuses September 22, 2014 2:10 AM BST
exactly, its not rocket science.

Greed is the issue here.

There is always an element of risk.

But if you have a bank of 10k and wish to make just £2.70 a day this should be more than achievable given the amount you wish to earn.

Just think how many losers in a row you would have to encounter to bust your bank. My guess would be you will strike a winning bet within the first 5 bets most days, we're talking fav fav fav fav fav fav fav fav fav all winning?

People don't do it because like u say there is always that element of risk and 2, get  greedy, raise stakes, it works for 6 months, then move to £5 , £10.

To do what u want to do here, it takes a large bank(just in case) and extreme discipline, from my experience, few have it. 

you are trying to make such a small % of your bank that it is more than doable here.

whens the last time the first I dunno 10 favs of the day won? 20 favs? even if it happened a bank your size could still handle it, no fun tho is it.

All the best.
Report Northbouy September 22, 2014 4:22 AM BST
having a big bank just means you lose more when martingale send you broke.
Report Schalke 04 September 22, 2014 1:10 PM BST
So have you done anything with the £20,000 yet?
Report GUSCHER September 22, 2014 2:22 PM BST
Thanks for your interest Shalke but no just in the bank gaining that miserly 1%! Still just using the gains I have made on my system mentioned here. So probably just stick with that for now until it's gone then decide if to throw a bit more into Betfair, would follow yours but don't often get chance to log in during the day, work gets in the way! but carry on the good work!
Report GUSCHER September 22, 2014 2:22 PM BST
Thanks for your interest Shalke but no just in the bank gaining that miserly 1%! Still just using the gains I have made on my system mentioned here. So probably just stick with that for now until it's gone then decide if to throw a bit more into Betfair, would follow yours but don't often get chance to log in during the day, work gets in the way! but carry on the good work!
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