How difficult is it to win £20 a day?

This is what I mean, I don't even know what an edge is.

Doubt I've got much chance tbh if I don't even know that!

It's hard to believe that you have been on here for more than seven years, yet claim not to know what an edge is!

Without one, you can't be profitable in the long-term.

yes,agreed crisp and as gamblers some of us aren't content with just making a round figure however big and shutting shop  , how many would make £20 after the first event and leave it at that ? not me  - i wouldn't be happy until i had re-staked it all in the hope of making extra (but very often nothing at all)

maybe greed ? or maybe looking for that winning buzz

And it's very easy to lose £21!

commission by placing high volume bets is the easiest known way 

Very easy. A few things help though: A big bank helps- for obvious reasons plus it buffers the losers. What ever your betting preference, backing, laying or trading, you need discipline and selective bet choices. I think as well, you have to look at the big picture, some days you will make much more than 20 quid and other days you will lose what you initially set out to make but if your weekly/monthly profits surpass your losses then you are being selective/disciplined and achieving your goal.

For me, greed and discipline are my setbacks. I can be focused and nicely in profit when suddenly out of nowhere, greed steps in! It sets me back a few steps and I have to re-gain the patience and discipline I started with. So, don't forget to work on your own personal negative points (is you got any that is).

Prob true for majority Lex.

However, seriously speaking small profits every day are a lot easier than going looking for big kills as an approach - I'd say it is the way to realistically make it work here (or in betting generally).

I'm working on a very similar approach myself - more playing with bets in a paper trading kind of way currently, until I unleash the real stakes later this year. (Then it goes tits up of course when you increase stakes...)

there's a good bit in confessions of a stock operator about people trying to get just enough out of a market on demand.

it's not the right way to go about it.

worry first and foremost about losing well and losing little, and then wait for the market to come to you, rather than expecting it to be ready when you need it to be.

If you don't know what an edge is and have no idea of the psychology involved or money management .......

your chance of making £600 a month on average is 0% - sorry

To win £600 - you would have to risk 12k  ( an average of £400 per day ) and hope for a 5% profit , which is not easy  .

Sorry but true

Thanks

gamblers dont win on here.. must people here are on a buzz , bored etc. Its all about maths, discipline and a bit of luck. Without these you are either going to break even or lose. I would suggest though that you avoid betting when theres too many games on and plan what you are going to do. If you go at it willy nilly like most people including me then you end up chasing ( not all the time but most of the time )

For this one discipline and judgement.

I'd say to anyone try one bet a day evens or above if you get at least 4 winners you are on to a profit. See how you get on if it works go for it and stick with it.

Back in my teens/20's i have spent all saturday in the betting shop backing race after race till the cash ran out or occasionally won! dogs in the morning then horses and football. Not these days, no more than 7 bets in a week. I don't think profit, it's all about the winners, if you are winning the profit will follow. If you are looking for profit, it's easier to lose.

The thing is everybody's starting point is different, cash wise and time wise.

From your initial question i assume you are working so i would suggest pick the sport you are most interested in and go from there.

good luck.

One bet per day is wrong advice , there could be three decent bets ( value ) in one day and none for a week.  They don't just arrive in daily intervals