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betting_masta
23 Apr 17 18:02
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Date Joined: 21 Aug 03
| Topic/replies: 14,093 | Blogger: betting_masta's blog
Thought i'd post it here as there's less mugs than on the football forum (no offence guys)

what do the forum members think is the best use of a bank of £250 on Betfair? It's clearly not trying to back football low odds so what is it?.  is it pre-race or pre-match trading? in-play horses? is it the place market?  or backing horses each way or singles? 

I want serious input here no jokes.

where is the best margin and ROI?

What is the most profitable use of a bank of £250?
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Report equine flew April 23, 2017 6:06 PM BST
Withdraw it and have a week in benidorm
Report bodey April 23, 2017 6:09 PM BST
excellent in benidorn ,just don,t bet in stretford end
Report RothmanMike April 23, 2017 6:10 PM BST
At the end of the year how much do you want the balance to be?
Report EL11 April 23, 2017 6:13 PM BST
There's an endless amount of options. Depends how you play.
Report betting_masta April 23, 2017 6:13 PM BST

Apr 23, 2017 -- 6:10PM, RothmanMike wrote:


At the end of the year how much do you want the balance to be?


as much as possible

Report RothmanMike April 23, 2017 6:14 PM BST
No Target,no plan,no chance.
Report betting_masta April 23, 2017 6:15 PM BST
£2.5k
Report RothmanMike April 23, 2017 6:18 PM BST
Totally unrealistic.
The most optimistic achievable target would be to double your money in a year.
Report RothmanMike April 23, 2017 6:19 PM BST
Suggest you don't bet until you've saved at least £3k then come back again.
Report betting_masta April 23, 2017 6:23 PM BST
ok and in that case what would you advise the way to approach things
Report dave1357 April 23, 2017 6:25 PM BST
a) look for a profitable bet
b) use a staking method eg Kelly to select the appropriate % of your bankroll to risk
c) profit
Report RothmanMike April 23, 2017 6:28 PM BST
The question remains how much is your target for the year.
Then you can establish a daily / monthly requirement without taking excessive risks.
I play with £6k and attempt to win £30 per day /£1000 per month.
Report dave1357 April 23, 2017 6:35 PM BST
targets are not any part of gambling.  You aren't selling funeral plans to pensioners or double glazing.  The opportunities are either there or they aren't.
Report RothmanMike April 23, 2017 6:38 PM BST
It's part of the Discipline required,and Discipline is essential,in my opinion and my experience.
Report Dotchinite April 23, 2017 6:38 PM BST
Buy low sell high.
Report EL11 April 23, 2017 6:40 PM BST

Apr 23, 2017 -- 6:28PM, RothmanMike wrote:


The question remains how much is your target for the year.Then you can establish a daily / monthly requirement without taking excessive risks.I play with £6k and attempt to win £30 per day /£1000 per month.


6k bank with a target 30 quid per day? Interesting.

Report Whippin Piccadilly April 23, 2017 6:51 PM BST
You should never have targets in betting. What if you don't win your target amount? Do you roll it over to winning £60 plus any loses you incurred on the previous days punting? How about 2/3/4/5 losing days/weeks in row? NEVER have targets is my advice.
Report dave1357 April 23, 2017 6:55 PM BST

Apr 23, 2017 -- 6:38PM, RothmanMike wrote:


It's part of the Discipline required,and Discipline is essential,in my opinion and my experience.


and discipline means not betting when there isn't anything worth betting on.

Report Whippin Piccadilly April 23, 2017 6:56 PM BST
Targets put you under unnecessary pressure IMO
Report 11kv April 23, 2017 7:00 PM BST
Wack it on Hugh Taylors selections....
Report betting_masta April 23, 2017 7:10 PM BST

Apr 23, 2017 -- 7:00PM, 11kv wrote:


Wack it on Hugh Taylors selections....


good shout

Report RothmanMike April 23, 2017 8:03 PM BST
It certainly puts pressure on, that is why you put the lowest possible daily target.
If you miss a day, the next day is only double.
What is does do for me is remove the need to try and win a large amount,and thereby increasing the stress.
£30 per day (£210 per week),should not be excessively stressful,but believe me, it aint easy.
Without the discipline of a target figure (budget),when do you stop - when you're potless?.
Report dave1357 April 23, 2017 8:17 PM BST
betting when you don't have anything profitable to bet "because you have a target" is the quickest way to go potless.  It is actually a form of chasing.

In gambling all you can do is make profitable bets when they appear.  If you have a small edge that occurs regularly but requires paying attention to certain markets for long periods of time, then it might well appear that you are achieving a target.  However, the "target" is merely a bi-product of the method of gambling.
Report McCoy Carp April 23, 2017 8:17 PM BST
Follow stridingedge and his Mark Johnston 2017 thread. He seems very knowledgeable, disciplined, doesn't have too many bets and last year I think he showed a profit on his selections and unlike Taylor, his horses aren't going to get over bet. Divide your £250 into  50 X £5 bets, or maybe if you're adventurous 25 X £10, follow the thread, join the discussion and have fun.
Report onlooker April 23, 2017 8:35 PM BST
stridingedge's discipline - let him down badly, at the end of last year, though.

Find his 'Mark Johnston 2016' thread - and you will see that  - following an awful run by Mark Johnston horses, around late Summer/Autumn, I seem to remember, stridingedge really reeled in the bets - as his bank was probably  becoming decimated.

Yes, you've guessed it - Johnston then had several big-priced winners - two at one meeting, and three in a day, I recall - that stridingedge did NOT back -  not one of them.

Naturally, those winners were incomprehensible on any known Form - to ANYBODY - and probably to scattergun Johnston, too - just 'run and hope' jobs.

'Throw enough darts' etc ... Not an approach that would fill me with enthusiasm, nor prevent many sleepless nights.
Report Willie Shafter. April 23, 2017 8:35 PM BST
why hasnt the OP got Baiter at end of his username?
Report McCoy Carp April 23, 2017 8:38 PM BST
stridingedge's discipline - let him down badly, at the end of last year, though.

Find his 'Mark Johnston 2016' thread - and you will see that  - following an awful run by Mark Johnston horses, around late Summer/Autumn, I seem to remember, stridingedge really reeled in the bets - as his bank was probably  becoming decimated.

Yes, you've guessed it - Johnston then had several big-priced winners - two at one meeting, and three in a day, I recall - that stridingedge did NOT back -  not one of them.

Naturally, those winners were incomprehensible on any known Form - to ANYBODY - and probably to scattergun Johnston, too - just 'run and hope' jobs.

'Throw enough darts' etc ... Not an approach that would fill me with enthusiasm, nor prevent many sleepless nights.


Make it 10 X £25 bets then Wink
Report ProSniper April 23, 2017 9:16 PM BST
Give it to bigmart and watch it blossom.. Laugh
Report stridingedge April 23, 2017 9:22 PM BST
I'll take that stick on the chin last season, I think I learned plenty with the first full season following this trainer, he certainly is far more than a dart chucker in certain circumstances and I have a lot more confidence in what exactly I'm looking for at different points in the season.

As for throwing enough darts i sat out long spells when he had no winners in 30+ runs

And his 3yo's as stated were not firing either

Time will tell onlooker though I won't be expecting anything positive from you whatever happens.
Report tanglefoot April 23, 2017 9:32 PM BST
Follow my approach on £250 bank
Lay for a liability to £13
Win bets for £5
To make a decent go of it u need a bank of at least £2000
Report Deltâ April 23, 2017 9:40 PM BST
£500 per month [profit withdrawn}
Report AKHazer April 23, 2017 9:48 PM BST
Spend your £250 on a nice bit of jewellery for the missus and you're a guaranteed winner ;-)
Report AKHazer April 23, 2017 9:48 PM BST
https://www.irishcelticjewellery.com/collection/modern-irish/pendants.jsp
Report posy April 23, 2017 9:56 PM BST
There is no sensible answer to the original question however in my view RothmanMike has helped the most in highlighting him looking to make £30 a day from a bank of £6000.........the equivalent profit you could most likely aim for with a degree of certainty would be in the region of £1.50 a day from a bank of £250.
My advice would be to arb.
Report brassneck April 23, 2017 10:39 PM BST
10 win
20 win
40 win
80 win
100 win.
but make sure you get a winner ,and then start again.Laugh
The 100 bet is called the hide behind the sofa bet.Laugh
Report Willie Shafter. April 23, 2017 10:50 PM BST
tanglefoot    23 Apr 17 21:32 
Follow my approach on £250 bank
Lay for a liability to £13
Win bets for £5
To make a decent go of it u need a bank of at least £2000

post ya last 3mths p&l tar
Report betting_masta April 23, 2017 11:38 PM BST

Apr 23, 2017 -- 8:17PM, McCoy Carp wrote:


Follow stridingedge and his Mark Johnston 2017 thread. He seems very knowledgeable, disciplined, doesn't have too many bets and last year I think he showed a profit on his selections and unlike Taylor, his horses aren't going to get over bet. Divide your £250 into  50 X £5 bets, or maybe if you're adventurous 25 X £10, follow the thread, join the discussion and have fun.


i've kept an eye on Hugh Taylor's selections over the last 5 days or so and not all of his bets go off massively shorter than he advises.
one of his picks on saturday actually drifted quite a bit.

Report doantwin2easy April 23, 2017 11:55 PM BST
This threat is everything that's wrong with gambling today. When are you kids gonna grow some bal**. Bet with your cahunas fully out. Even if you get asked to leave the bookies.

All this arbing rubbish and winning £30 a day. I wouldn't get out of bed for less than £35 a day.

As Dave says, you need an edge. Stop focusing on the end product and start learning the mechanics of the game. Rome wasn't built in a day.

Never known anything like it. Everyone wants to pillage the system, when history proves it's that very system that eats most people alive.
Report Fashion Fever April 24, 2017 12:16 AM BST
arbing is fantastic money if you put the time and effort in.  its the only way the normal man can make consistent money out of the game, many fail as they can't accept losses and take arbs in play and do a months profits in, and the rest don't have the capital to do it.
Report billyboy19 April 24, 2017 8:13 AM BST
ProSniper
ProSniper 23 Apr 17 21:16 Joined: 08 May 14 | Topic/replies: 1,478 | Blogger: ProSniper's blog
Give it to bigmart and watch it blossom.. Laugh
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LaughLaughLaugh  the ironic thing is i cd turn his 250 into
2.5 k very very easily pro i will in box u over the coming weeks
if i dont make u a grand risk free in a month i will leave the forum for good
the advice cannot be shared dood as its free money
you will indeed be saying bambos Cool
Report RothmanMike May 3, 2017 1:32 PM BST
All businesses,governments,multinationals,etc, have budgets and targets.
If it's good enough for them,it's good enough for me.
So good luck to those who are plan less,and usually clueless also.
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