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******** BETTING FOR A LIVING ********

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Replies: 245
By:
LittleSuzieLays
When: 21 Jun 12 12:05
brigust1

but sadly most of you can't live without the buzz


You have hit the nail on the head there,the buzz nearly finished me
By:
brigust1
When: 21 Jun 12 12:14
Sorry Fen, I did clarify that with JG and GK. I seriously try not to be swayed by anyone. I've heard enough trainers and jockeys in my time to realise they don't know all that much. If they really fancy something they see all the dangers imaginable and if they don't they don't want the owner hearing them say so. Decide yourself then you know who to blame.
By:
bluenose7
When: 21 Jun 12 12:20
Football betting for me has "22 runners" a game,watch the first 20mins to see who is performing well,then make a personal judgement on the outcome of the match.

"if you~dig"  Cool
By:
RothmanMike
When: 21 Jun 12 12:29
Yorkie put forward the definitive method to win at this game (4th reply to this item on 18/06/2012), and since that time most people have missed the main point he was trying to make.

Most importantly, Laying is the way to go , not Backing AND
Discipline is an absolute essential.
To have served a lengthy apprenticeship in the subject is also beneficial.

A big bank and a small daily target are an essential also.

I use a medium (£10k plus) size bank and try to win £33 per day, not a lot but £1000 per month aint bad.
I have no problem risking £1k to win £10.
Are there many out there who would do this.

It requires Knowledge, Patience, Discipline and Balls.
Some would say its stupid - but it works for me.

AND I have much entertainment, which is what its all about.

Bon chance, tout le monde
By:
Red Hiney Monkey
When: 21 Jun 12 12:34
Most importantly, Laying is the way to go , not Backing - B**locks

a small daily target are an essential also. -  B**locks



There is no definitive method. You find what works FOR YOU.

There are rules to be adhered to to make it successful but the above are definitely not two of the,
By:
Valuebetting
When: 21 Jun 12 12:38
I am probably the worst gambler on here as in the races I bet in 12/14 runner handicaps but to me if you can't get value (I understand everyones idea of value is different) but to me its getting at least 6/4 for a place so thats the way i bet and will contnue until it gos pear shaped
By:
FEN-TIGER
When: 21 Jun 12 14:24
Brig . . .agreed ref jocks and trainers certainly didnt mean themCryCry

i mean lads on here who put the effort in.Cool
By:
brigust1
When: 21 Jun 12 14:37
OK Fen, get you. I don't know any on here so wouldn't mnow a good judge from a bad one. Some of the posts are hilarious. I come on when I have a working day or working days but sit it out when I have days off usually. Unless Frankel is running of course.
By:
betlarge
When: 21 Jun 12 14:38
RothmanMike

Can you explain why Laying is the way to go, not Backing and why a daily target is essential.

Thank-you.
By:
FEN-TIGER
When: 21 Jun 12 14:39
brig 08.12 post.

My 6

Robster Horses

Ryanwe Jump Horses

Bus 13 nfl

Drewboy and Gamsty footy

Hayden ice hockey and tennis.

Koi hunter chases.

Me filthy ew stuff and anything i can find to have an edge.

Irish are lucky how to be a total knutCry

There are many more if you know where to look.

be luckyHappy
By:
Red Hiney Monkey
When: 21 Jun 12 14:40
^^ you said it more diplomatically than me :-D
By:
Red Hiney Monkey
When: 21 Jun 12 14:40
@ betlarge
By:
brigust1
When: 21 Jun 12 14:41
Thanx. Will keep an eye out.
By:
FEN-TIGER
When: 21 Jun 12 14:43
Ryanwe is on the mepoor thread (loads of good uns on there)

Robster has his own thread is over 200 points in front.

g/l

drewboy and gamesty are on the poopdeck or rather where.
By:
xmoneyx
When: 21 Jun 12 14:51
harry findley must be in the twilight zone

havent seen a quote in months
By:
Steamship
When: 21 Jun 12 15:32
Spot on brig about needing the buzz at the moment I should only be doing horses and football yet in the past ten days I have strayed onto Rugby both codes
By:
Steamship
When: 21 Jun 12 15:32
Spot on brig about needing the buzz at the moment I should only be doing horses and football yet in the past ten days I have strayed onto Rugby both codes
By:
Steamship
When: 21 Jun 12 15:32
Spot on brig about needing the buzz at the moment I should only be doing horses and football yet in the past ten days I have strayed onto Rugby both codes
By:
Steamship
When: 21 Jun 12 15:32
Spot on brig about needing the buzz at the moment I should only be doing horses and football yet in the past ten days I have strayed onto Rugby both codes
By:
Steamship
When: 21 Jun 12 15:32
Spot on brig about needing the buzz at the moment I should only be doing horses and football yet in the past ten days I have strayed onto Rugby both codes
By:
Steamship
When: 21 Jun 12 15:32
Spot on brig about needing the buzz at the moment I should only be doing horses and football yet in the past ten days I have strayed onto Rugby both codes
By:
FEN-TIGER
When: 21 Jun 12 15:35
Brig fink steamship is trying to tell you somethingLaugh
By:
Steamship
When: 21 Jun 12 15:38
sorry as I was saying. Both codes of rugby, cricket and US Open Golf. These 3 sports in the past 8 days have cost me £300 which has had the knock on effect that I have changed my mind about other bets, kept football bets running when I should have traded and not had as much on a couple of winners and worst of all missed Counsel at Kempton last night.

You really have to have a clear mind and when this week is over I will take a break and refresh myself.
By:
Steamship
When: 21 Jun 12 15:39
How did that happen?
By:
Slicer
When: 21 Jun 12 15:42
I have just got up to speed not having read this thread for a couple of days. Glad to see everyone knows how to win and is continuing to do so.
By:
Steamship
When: 21 Jun 12 19:06
up
By:
G Hall
When: 21 Jun 12 20:00
ttt
By:
RothmanMike
When: 21 Jun 12 20:01
Betlarge, throughout time it has always been said that Bookmakers never lose .

Why - because they LAY bets.

Now with the arrival of Betfair we too can LAY bets.

It is the only way to win in the long term, just dont be greedy and lay too much, too often.
By:
TheJudge
When: 21 Jun 12 20:07
I have just got up to speed not having read this thread for a couple of days. Glad to see everyone knows how to win and is continuing to do so.

you've been here long enough to know everyone's a winner on BF Excited
By:
Wesdag
When: 21 Jun 12 20:11
Rothman, do you lay in running or before the off?
By:
G Hall
When: 21 Jun 12 20:47
trouble is mike bookmakers can lay at better odds than us on here,indeed many on course are just hedging really,but if it works for you then thats fine.
By:
NorwichRob
When: 21 Jun 12 23:00
Good thread...very interesting - one thing to bear in mind though is that going full-time makes it a job, I guess an analogy would be the guy who likes a beer becoming a barman as he's enjoys the craic...soon realising that it's not so much fun on the other side...gl anyway...Cool
By:
giani
When: 21 Jun 12 23:27
One of the most intresting threads ive read. I decided to take my Betting more seriously this year as one day would perhaps like to make a living at it but the other and main reason is Pensions are knackered now in this country and i sure as hell don,t want to work till i drop so have to find alternative ways of making a income. I like most can pick winners but that doesnt always guarantee profit. What has been the biggest eye opener for me this year is writing down and recording bets in a diary. Any silly Bets still have to be recorded. Its Human Nature that we remember our Winners and quickly dismiss our losers but when written down, what a eye opener. I analysed my Bets the other day and broke it down to football bets, Horse Racing Bets and Sports Bets. On the Football Bets i learned i have a high strike rate on Premiership Games, La Liga, Scotland, especially brtting in play but am absymal at Internationals and European Matches. Sport im great at predicting Boxing but Darts, im as bad at betting on it as i am on playing it.Horse Racing, good at the big races, crap at low grade racing and handicaps. Has this is written in the Book and ive analysed it i know what to focus on and know what to avoid and avoiding what im not good at would have saved alot of losing Bets. Temperament has been another issue.Ive found when ive been on a losing run ive tended to chase rather than take a step back, again all noted. I myself as this is the 1st time ive recorded bets see this year as serving a apprenticeship ready for the proper stuff. Im in Profit this year but nowhere near what i should be if i eradicated them mistakes. Now ive broke things down i anticipate the 2nd half of the year to be a suceess.
By:
deadbrain59
When: 21 Jun 12 23:30
ZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzGrin
By:
giani
When: 21 Jun 12 23:32
Another Keyboard Dickhead zzzzzzzzzzz :-)
By:
duddler
When: 21 Jun 12 23:48
steer well clear of the all weather and low value flat and jumps races. Easier for stables to make money from gambling than winning races.
By:
Robertolikestowin
When: 21 Jun 12 23:50
hello valuebetting
nise topic
i am  -28 ptsCry since begin but no worryCool
but its only one good winner to clear it.
commputer in repairs tues get back wed eve missed 25/1 miami gatorAngry had written down mon for wed but forgit it

point is to win over all lomg term  not panic  know strengths weakenesses  be disiplined only play when price bigger than you make

cann't construct good bet
wait opportunity come along and not before
finilly know why you win and why you lose
keep recordsCool
best luck Happy
By:
RothmanMike
When: 22 Jun 12 07:00
Westdag, 99% Lays before the "off".

However, sometimes I lay a horse much shorter than advertised, and leave it 'in running' when I know from its form that its a prominent runner and will invariably go much shorter early during race.

My favourite Lays are Barney Curley horses that drift during the day1
By:
betlarge
When: 22 Jun 12 07:48
Betlarge, throughout time it has always been said that Bookmakers never lose .

Why - because they LAY bets.

Now with the arrival of Betfair we too can LAY bets.


Well that’s reasonable based on past history as prior to Betfair, and other internet-based competition, bookmakers could bet to huge overrounds - as much as 3% per runner.  Take today's Buckingham Palace Stakes, the big handicap, 5.35 Ascot.  Go back 10/15 years and this would be priced up at SP at something like 150% giving a whopping profit for layers with a perfect book.

However, at the time of writing (7.30am) there is already an overround of just 3.6% in the back market and the lay market overbroke is around 2% - and that’s in a 32-runner field!  As you correctly imply, laying was extremely attractive.  However, that game is well and truly over.

All on-course bookmakers are backers as well as layers nowadays.  The economics of the game dictate they have to be.

Laying and backing are the same thing.  No difference whatsoever.  If you lay a horse in a race, you are merely backing all the others.  If you back a horse, you are just laying all the others.

A punters success will not be down to whether he backs or lays - that is completely irrelevant.  It will be down to whether he can back at a bigger price than the horse’s real chance of winning, or lay at a shorter price than the horse’s real chance of losing.
By:
G Hall
When: 22 Jun 12 08:23
betlarge

I agree,but to be able to lay in the main at value prices,I believe requires,putting the price up in running as pre race prices are too high,but if you have the homework done then it is a lucrative business.
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