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G Hall
10 Jun 19 10:57
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Date Joined: 26 Feb 06
| Topic/replies: 10,704 | Blogger: G Hall's blog
Here I go again. I want to make my living from betting, but although I am very imo knowledgeable I struggle with discipline.

I specialise in horseracing and football. I suppose what I am asking for is help and suggestions, to consistently make profits, month by month.

I would appreciate pointers, I am an experienced punter who knows the game, but the p/l at the end of the year is not enough.

I know I can do it, but it seems a psychological stigma, as if I can only earn a living by traditional means ie a regular 9-5 job.
Any help appreciated.

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Replies: 379
By:
mouse muldoon
When: 10 Jun 19 13:16
By:
G Hall
When: 10 Jun 19 13:33
Thanks
By:
starship
When: 10 Jun 19 13:38
and if u get a bet365 account and u don't want it, I will have it off you.
pm me for details if interested
By:
starship
When: 10 Jun 19 13:39
ps
I know five people who get a good living out of the game.
not easy,
BUT IT CAN BE DONE
By:
Andriy
When: 10 Jun 19 14:14
In this general betting section there are 107 pages of threads. Read every single one of them; don't both with other sections since the noise is far too high. The most useful stuff is here. Some threads here you can pass on almost straightaway. After a bit, you'll work out which posters know their onions, make a mental note of them. Probably best to start at the end since the older threads from 2009 to 2012 are generally better.

When you've done this, read them all again, but this time bookmark any thread that seems to have little nuggets in it.

When you've done this, take a notebook and pen, and read all the bookmarked threads again. Write down the useful stuff, and think about how it affects you, and how you think about betting.

Nothing comes easy, but there's masses of useful information here, and you need to put the work in rather than hoping it will be handed on a plate.
By:
G Hall
When: 10 Jun 19 18:16
Thank you very useful. I will do.
By:
Escapee
When: 11 Jun 19 18:41
1) "It's all one continuous game"

It doesn't end at the end of a race or a day. One day's pnl is a mere mark on a score card, as is 1 month & 1 year.


2) You won't always bring your "A" game to the table.

do you even know what your A game is? and when you are fully focused?

Be aware of yourself, recognise when you are playing your B,C,D... games.
Find ways for stepping up from C to B etc.
Remember rule(1)
By:
Super Hans
When: 11 Jun 19 19:17
If by discipline you mean chasing? You cant do it....
By:
DenzilPenberthy
When: 11 Jun 19 20:41
Cue Dolly

https://www.youtube.com/watch?v=UbxUSsFXYo4
By:
DenzilPenberthy
When: 11 Jun 19 20:45
Dolly Parton Lyrics
"9 To 5"

Tumble outta bed
And I stumble to the kitchen
Pour myself a cup of ambition
And yawn and stretch
And try to come to life

Jump in the shower
And the blood starts pumpin'
Out on the street
The traffic starts jumpin'
The folks like me on the job from 9 to 5

Workin' 9 to 5,
What a way to make a livin'
Barely gettin' by
It's all takin' and no givin'
They just use your mind
And they never give you credit
It's enough to drive you crazy
If you let it

9 to 5, for service and devotion
You would think that I
Would deserve a fair promotion
Want to move ahead
But the boss won't seem to let me
I swear sometimes that man is out to get me

They let you dream
Just to watch 'em shatter
You're just a step
On the boss-man's ladder
But you got dreams
He'll never take away

You're in the same boat
With a lot of your friends
Waitin' for the day your ship'll come in
'N' the tide's gonna turn
And it's all gonna roll your way

Workin' 9 to 5
What a way to make a livin'
Barely gettin' by
It's all takin' and no givin'
They just use your mind
And you never get the credit
It's enough to drive you crazy
If you let it

9 to 5, yeah
They got you where they want you
There's a better life
And you think about it, don't you?
It's a rich man's game
No matter what they call it
And you spend your life
Puttin' money in his wallet

9 to 5, whoa
What a way to make a livin'
Barely gettin' by
It's all takin' and no givin'
They just use your mind
And they never give you credit
It's enough to drive you crazy
If you let it

9 to 5, yeah
They got you where they want you
There's a better life
And you dream about it, don't you?
It's a rich man's game
No matter what they call it
And you spend your life
Puttin' money in his wallet

Working 9 to 5
By:
DenzilPenberthy
When: 11 Jun 19 20:50
Kenny Rogers also had some good advice

https://www.youtube.com/watch?v=7hx4gdlfamo
By:
DenzilPenberthy
When: 11 Jun 19 20:51
Sing Along

"The Gambler"

On a warm summer's evening
On a train bound for nowhere
I met up with a gambler
We were both too tired to sleep
So we took turns a-starin'
Out the window at the darkness
The boredom overtook us
And he began to speak

He said, "Son, I've made a life
Out of readin' people's faces
And knowin' what the cards were
By the way they held their eyes.
So if you don't mind my sayin'
I can see you're out of aces
For a taste of your whiskey
I'll give you some advice."

So I handed him my bottle
And he drank down my last swallow
Then he bummed a cigarette
And asked me for a light
And the night got deathly quiet
And his face lost all expression
Said, "If you're gonna play the game, boy,
You gotta learn to play it right.

You got to know when to hold 'em,
Know when to fold 'em,
Know when to walk away,
And know when to run.
You never count your money
When you're sittin' at the table.
There'll be time enough for countin'
When the dealing's done.

Every gambler knows
That the secret to survivin'
Is knowin' what to throw away
And knowin' what to keep.
'Cause every hand's a winner,
And every hand's a loser,
And the best that you can hope for
Is to die in your sleep."

And when he finished speakin'
He turned back toward the window
Crushed out his cigarette
And faded off to sleep
And somewhere in the darkness
The gambler he broke even
And in his final words
I found an ace that I could keep

You got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealing's done

You've got to know when to hold 'em
(When to hold 'em)
Know when to fold 'em
(When to fold 'em)
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealing's done

You got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealing's done
By:
peckerdunne
When: 13 Jun 19 18:52
Escapee, one of the better posts i've seen.......very true too...
By:
feedthepony
When: 16 Jun 19 19:23
If you have a 9-5 job you will never get the discipline to go pro as you’re not risking your income for a bet.

The discipline would only come if it is your only source of income, otherwise you have the safety net to take the risks.
By:
Dr Crippen
When: 19 Jun 19 10:48
I feel any talk of discipline is putting the cart before the horse.
The first step is to acquire the knowledge needed to get good at sorting out the sound bets using your own judgement.

Yet people on here seem to think that everybody is already an expert, and winning is simply a matter of discipline (whatever that means,) and securing the right price for the occasional winner that comes along to offset the many losers.
By:
DenzilPenberthy
When: 27 Jun 19 18:06
G Hall have you gone pro yet?
By:
G Hall
When: 01 Jul 19 11:44
I am going to use a start bank of 300 pounds, what would be a realistic target on a weekly/monthly/annual basis.

The plan is for long term growth,with monthly withdrawls,depending how the bank is doing. The withdrawls if any would be a percentage of any monthly profits.
By:
G Hall
When: 01 Jul 19 11:46
Den íl i have managed to reverse type 2 diabetes in the last 8 months, so no reason why I can't make a few pounds on here, with the right attitude.
By:
G Hall
When: 01 Jul 19 11:48
Denzil *
By:
peckerdunne
When: 01 Jul 19 19:30
Good luck with the diabetes.....Grin
By:
ericster
When: 03 Jul 19 10:33

Jun 10, 2019 -- 1:16PM, mouse muldoon wrote:


I refuse to accept that mouse and the dream lives on.

By:
aye robot
When: 03 Jul 19 15:27
Saying you want to be a professional gambler is like saying you want to be a professional basketball player - yes that does exist, but can anyone do it? No. Not even with hard work or the right attitude. Anyone can enjoy basketball and anyone who tries hard at it will get better,  but 99.99999% of the population will never make it as a pro player whatever they do. There's a certain golden combination of aptitude, application, situation and luck that you need to get to the top of anything - basketball, ballet, business, whatever, and if all of those don't come together you just won't make it. Gambling is no different.

Most of the pro players I know never set out to be professional gamblers, they just started little personal projects out of curiosity and they grew beyond expectation. That's how you do it, bit by bit, no pressure, no targets, no expectation.

No-one gives up their job and then goes pro. It's the other way round, you stop working when working isn't worth the bother any more. Even then most professional players do something else as well regardless of how much money they make. Some do it for security, others just for satisfaction. Those that spend all of their time on gambling are usually running funds and their time goes into the administration of that - so it's really just like operating any other business.

Most of the genuine pros I've met (I can't think of any exceptions) have NEVER been losers. They have been winners since day one. I have met players who have had big wins or winning streaks (likely flukes) that turned around a losing career, after which they went 'pro' but they're always on the way back down - I don't think they count. I've also met people who've made a lot of money in some other way and then decided to be full time gamblers, again - the ones I've met have been on the way down and it's a tragic thing to witness.

The rule is this: If you didn't win last year don't expect to win this year. If you did win last year, try to win a little bit more this year. Either way, only do it whilst it's fun.
By:
DenzilPenberthy
When: 03 Jul 19 19:12
I bought a bike and have been on 7 rides how long before I'm on the Tour De France?
I haven't fell off once and can get up some pretty steep hills if I lose a bit more weight and get a really fast bike I should make it,after all I once nearly went to France on a bus trip.
By:
Dr Crippen
When: 03 Jul 19 19:51
'Most of the genuine pros I've met''

I'm sure most of this stuff is written by bookies.

''Keep the suckers thinking they can win and make a living out of it while we take their money.''
By:
starship
When: 04 Jul 19 00:35
u must take a price above the price the selection respresents,.
if u could keep taking 5/4 heads or tails, in the long run you must win.
the reason i want bet365 accounts is because they make ricks.
the other week they up 12/1 early price a dog i made 6/4.
the dog won at 2/1.
you keep taking 4/1 about 3/1 shots you will win.
the ricks are made on the early prices and paddy power and betfred in the shops
By:
DenzilPenberthy
When: 04 Jul 19 05:29
Just back from a ride feeling pretty good anybody got Dave Brailsford's number?
Don't know whether to take EPO or pretend to have Asthma to get on Salbutamol apparently all the pros do this might be what I need to make it?
No reason why the 2020 Tour De France shouldn't be on the agenda after all I've beaten hayfever in the last 14 months.
By:
Dr Crippen
When: 06 Jul 19 10:41
if u could keep taking 5/4 heads or tails, in the long run you must win.

Who is even good enough to price up the chances of just a two horse race with precise accuracy time after time?

I've said before, all these value people seem to think they're expert at calculating an exact figure to represent the chance of each runner in any race.

This is pure fantasy, most punters would be completely lost at sorting out a race without the betting for a guide.
So to claim they can price up the chance of each runner with any precision is fanciful to say the least.
By:
The Management
When: 06 Jul 19 11:52
Dr Crippen    06 Jul 19 10:41 
Who is even good enough to price up the chances of just a two horse race with precise accuracy time after time?

I've said before, all these value people seem to think they're expert at calculating an exact figure to represent the chance of each runner in any race.

This is pure fantasy, most punters would be completely lost at sorting out a race without the betting for a guide.


Most punters lose - and yet you still won't accept that understanding PRICES is EVERYTHING!
By:
DFCIRONMAN
When: 06 Jul 19 15:37
Not that many 2 horse races!
By:
The Management
When: 06 Jul 19 16:06
EVERY tennis match, snooker match etc is a 2 horse race - maybe start with the basics?

Work your way up to the 30 runner cavalry charge over 5 Furlongs where you don't know the going, the draw advantage or the plans of any of the connections! Walk before you can run imo - but if you don't understand that prices are all important and you just waste your time looking for the "likely winner" - you will end up starting a thread like this every few months (like the OP does!).
By:
G Hall
When: 07 Jul 19 11:23
Thank you
By:
Dr Crippen
When: 07 Jul 19 12:09
Most punters lose - and yet you still won't accept that understanding PRICES is EVERYTHING!

A decent price is nothing if it loses.
Bookies built their empires from people backing losers at good prices.

How many times have you heard punters state they didn't back the winner because its price was too short, so they threw their money away on one with a better price?
Which shows the folly of backing a horse because of its price. 

An associate of mine who was very successful punter and layer around the tracks for a number of years wouldn't back a runner if it's price was too long!
Not a view that I share but it stood him in good stead. Then again he didn't back many losers.
Think on that.
By:
Latalomne
When: 07 Jul 19 13:08
I honestly can't work out if you're on the wind-up or not, Dr C.  While I disagreed with you entirely in the other thread, I did think you might actually be a long-term winner, but then I read your response to Aye Robot above, and it seems quite clear that you don't actually think it's possible to win from gambling. 

Bookies built their empires on people backing 100/1 shots at 25/1, 10/1 shots at 7/1 and 4/1 shots at 3/1 etc.  The fact a horse is 25/1 does not automatically mean it is a 'good price'.
By:
aye robot
When: 07 Jul 19 16:10
Management is right of course; price is everything. All long term winners know this - at least all the ones I've ever met and I've met quite a few. Not everyone talks about it in mathematical terminology or explicitly calculates value, but they all know that price is everything. All bookies know it too, it's the basis of their living.

Winning by picking winners and ignoring the price is for films and fantasists.

Most people don't/can't/won't understand this because they don't find it intuitive or because it doesn't fit their idea of how they want the world to be. There is nothing you can do to explain to these people - I've given up trying. All you can do is thank them for playing, that's where the money comes from.
By:
timbuctooth
When: 09 Jul 19 04:47
If you want to win in the next race, value may be irrelevant.
If you want to win long term, value is not just everything, it`s the ONLY thing!
ALL long term winners know this truth to be self-evident; losers scoff at it, as they bin more losing slips, wondering `why can`t I win at this gambling malarkey? Why has the wife left me? Why are my children embarrassed by me? Who can I tap for a tenner?`
By:
Dr Crippen
When: 09 Jul 19 19:47
5 winners at 10/11 from ten bets gives us a loss.

While 5 winners at 11/10 from ten bets keeps us on the right side.

I suggest concentrating on getting those five winners or more, at odds against.

When you get that good the prices will take care of themselves. 

If you can't find a high percentage of winners then you're not good enough, and dependent on pure luck (value) which always runs out.
By:
timbuctooth
When: 09 Jul 19 20:34
Dr Crippen 09 Jul 19 19:47 
5 winners at 10/11 from ten bets gives us a loss.
While 5 winners at 11/10 from ten bets keeps us on the right side.

Indeed! Conclusive proof that value is King; get the value, the 11/10), you`ll win long term; fail to get it, taking the 10/11, and the poorhouse awaits. With 11/10 rather than 10/11, you`re winning an extra 20%-odd, which is usually overround-beating, making you a long term winner. Easy!
By:
Super Hans
When: 09 Jul 19 20:36
I'd take a low percentage of 50's winners backed at 100's.
By:
Dr Crippen
When: 09 Jul 19 20:46
Not quite timbuctooth, if you can only obtain 10/11 then you'll have to up your game to 6 or more out of ten.

Getting winners always take priority over taking a chancy inflated price, which will lead to that killer losing run.
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