Gamble for a living?

forget it. stop dreaming and get a proper job...unless you know a few jockeys???

Yes


but I'm fooking starving

I cant afford to do it was just wondering if anyone does it.

Watch as much racing as you can and go on the evidence of your own eyes,and dont listen to experts there are none.

everyone on here is unemployed and enjoying tax free earnings , you must be the only one working , are you from eastern europe ?

only aim to quadruple your bank every day or you will go broke very quickly.

I'm the other way, I live for a gamble

Whats the best coup yo people have had

I don't make a living at this, but I am reliably informed that you need to minimise risk and not have unrealistic goals. Have a daily target figure, say 5-10% of your betting bank. Once you achieve that target STOP BETTING! Control your emotions and don't allow frustration in a losing run to get the better of you. This means you must also have a stop-loss threshold, below which you must not go. This means, if you hit this threshold, then STOP BETTING and accept the loss for the day. Obviously, minimising risk must mean betting on horses that have a realistic chance, so avoid long shots and concentrate on market leaders - 1st, 2nd or 3rd favourites. Perhaps betting on really low odds horses in the place markets. Finally, some kind of staking plan might be useful.

Not a fav backer. Best touch i had was when right wing won the lincoln with the god quinn on board

Beans on Toast again tonight, my kids hate the racing game.  My eldest manged to press a button on the laptop last thursday and have himself £700 on a horse in ireland, couldnt stop the gruss putting bets on, had to shut it down and go back in to trade out for a £100 profit.  He is only 3 but taken to the game already. Thats my boy.

"Obviously, minimising risk must mean betting on horses that have a realistic chance, so avoid long shots and concentrate on market leaders - 1st, 2nd or 3rd favourites."

imo minimizing risk = not lumping on at short odds something you cant envisage getting beaten.

What about roullette machines

16/1 shots help yeeha

Roulette machines are fine Harry and much easier if you have a shystem

roulette machines? you must be joking! a system with FOBT? you must be crazy!

Matt- i could not disagree more!

You need to be able to find value.

Bill Payer's right. Roulette machines guarantee a profit.

Thx Blackrock. all u need is a good system and discipline.

Bill_Payer     Joined: 16 Nov 10
Replies: 61 18 Nov 10 17:27 
Thx Blackrock. all u need is a good system and discipline.

Hi bill_payer

So what this good system and discipline you speak of? care to share?

He'll struggle to share discipline imo

value value value. the price of the horse relative to its chances. its chances need to be worked out to max effectiveness by studying form and taking into account the conditions under which its racing, recent form, recent jock/trainer form,trip, ground conditions etc etc. if its working correctly, you willbe backing horses of varying pries, but generally more short than long priced ones

Well said Reved, you are right.

alright dave, hows things

Jonjo horse there is no money for = lay
Jonjo horse there is money for = lump

There is one succesful system.

Ferdy murphy, jonjo o neill and venetia williams horses are all worth staying aay from these days unless u really fancy em

Ok in the end Reved, i was doing a bottle until the bumper race at Thurles, i got 8/1 in running about the winner. Saved my day. And you ?

that was good dave. didnt back many today dave. slightly up but nothin worth talkin about. eyeing up a few tmrw. should be a busy day for me

Hi Dave WD on TV other day mt.Enjoyed what you had to say and hope there is more in pipeline m8

I have not looked yet, i will be soon.

When you coming over here

dont know dave tbh. was talking to himself lately and didnt mention anythin. he asked me a few months back and id be stayin with him so am kind of waitin for him to ask again as i dont want o be pushy or nything

ok let me know, would be good to see you in person.

ok no bothers

I am off now to study, may post latter Reved. Good Luck.

follow PL over the weekend and look out for shock results - always pays

PL?

TSD.

IR. Irish. ATR.. bloody hell.  the 3 Card trick.

It cannot be done.

that's mug talk sparrow

Step 1: don't be a mug
Step 2: be shrewd
Step 3: profit

Few ‘big pros’ on here…..

'Gaze', easier said than done. The bookies do not play by the book ie terms and conditions and not governed by the FCA unlike financial entities in the City Of London. The bookies could sequestrate your funds including any winnings if they so wish without recourse to a legal body. It will take ages (if successful) to access/regain one's money, if so; the BHA are reticent, toothless and ineffective.

The only hope is a new Betting and Gaming Licence to reflect the digital age and fobt. The bookies are vermins with a penchant for easy money - legally or surreptitiously - esp from recreational punters - whenever they deem probable to do so.

Until then tread very cautiously. The

Gaze has the golden goose

Gaze knows....

That should be nose,good for sniffing out a profit.

I did actually did this back in the early 1980s. I saved up enough from my salary to allow myself a 2year sabbatical from work to see if I could make it pay.
For most of the first year I tried all sorts of methods but generally lost. It was soul destroying at times. But eventually I found my niche and for the next 18 months I was very successful at it.

My aim was to make more per week than I had been earning in work. I did this comfortably. But here’s the thing -I only bet 2 days per week (Friday & Saturday) and I only bet on 2 races each day. So I was making a good living betting on 4 races per week.

Of course it was a lot easier in them days to avoid getting the knock as I bet in cash (like everybody else) and I spread  it around different bookies, though the shop manager’s soon took an interest in me when I started turning up regularly on a Monday morning to collect my weekend winnings. It will be a lot tougher now betting online.

So, try & find your niche would be my advice and try to bet in such a way that you take as much human emotion as you can out of what you’re doing.
Good Luck if you try it.

Digital age plus the mindset of present bookies not keen on winners a very tall order esp online where "extraction" of winnings could be a minefield.