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RD
Considering you openly admit you have frozen your betfair account, sometimes experience can be overrated.
Well, we can’t all have the inside line on what horses are trying can we?<br>Unless you have that info at hand my friend, you may as well give it up.<br>My experience told me that racing is weighted heavily in favour of the insider, and I stand by that. That doesn’t count the exorbitant commission that BF tears from the butts of it’s clients, or the increasing overrounds that the avg bookie rakes in.<br>Experience does have it’s merits. Anyone with no experience would still be under the delusion that the average guy can win. I know different. My vast experience has taught me that.<br>The only winning play is to not play.
Quote: from Racing Daily on 3:12 pm on Jan. 6, 2007[br]Well, we can’t all have the inside line on what horses are trying can we? Unless you have that info at hand my friend, you may as well give it up.<br>
I’m sorry but that statement is patently not true. I am aware of numerous people whose main income is from betting on horses that are armed with nothing but a strong opinion, a form book and the facility to watch every race.
The problem you have Racing Daily is that of the majority of wannabe but failed punters: because they can’t make it pay they can’t, or won’t, believe that others can and resort to fatuous statements like "Well, we can’t all have the inside line on what horses are trying can we?Unless you have that info at hand my friend, you may as well give it up" as a feeble attempt to rationalise why they’ve come up short.
Unlike davidjohnson I don’t know "numerous people whose main income is from betting", though I’m more than happy to accept he does, but I do know several who turn a handy profit.
Believe it or not.
I’m sure there are numerous people who have sizeable banks and access to un-delayed coverage. They would inevitably have a good chance to pull a profit, at the expense of RUK, ATR and C4 viewers. If you have six hours a day to study the form, again it can probably be done over the long term.<br>However, experience has told me that the average joe loses.
If i’m wrong, then i’m wrong. But I don’t think I am.<br> <br>
Quote: from Drone on 3:52 pm on Jan. 6, 2007[br]The problem you have Racing Daily is that of the majority of wannabe but failed punters: because they can’t make it pay they can’t, or won’t, believe that others can and resort to fatuous statements like "Well, we can’t all have the inside line on what horses are trying can we?Unless you have that info at hand my friend, you may as well give it up" as a feeble attempt to rationalise why they’ve come up short.
Unlike davidjohnson I don’t know "numerous people whose main income is from betting", though I’m more than happy to accept he does, but I do know several who turn a handy profit.
Believe it or not.<br>
I was simply responding to dj’s comment that experience doesn’t mean anything. That is clearly folly.<br>It is true that I froze my BF account. But the inferral that losing in the long term means that experience is unneeded simply isn’t true. It could be argued that if I were a newbie at the game, I would have lost a hell of a lot more.<br>My BF acct shows a negative of 2% on £25k turnover, usually fluctuating between a small positive figure and a small negative figure. I can hold my own, but ‘holding your own’ doesn’t pay the bills. It doesn’t make me a loser either. I froze my BF account because 100% ROI is a waste of time. My experience told me that I could play for ever more and still not manage a profit of more than two weeks salary. Not because of lack of knowledge, simply because I have to be a winner just to break even.<br>Just my opinion. Take it as you will.
RD – don’t you think you can improve your betting any? Sounds like you are pretty close to turning a profit. What if, by working harder or smarter, you could edge another couple of percent?<br>Isn’t it possible that there are ‘non-insiders’ who are maybe working at things differently than you and making a success of it?
"The only winning play is to not play."Just because you believe that to be the case for yourself doesn’t mean that it is the case for everyone. In fact, I know that it isn’t.
I don’t doubt that I could turn a profit if I put in the hours. But that profit would need to compare favourably with an average wage to justify it. My bank doesn’t allow for that kind of profit.<br>Don’t worry, i’m not out for the count. I’m simply re-evaluaing ;)<br>A break from the tedium is surprisingly refreshing for the mind. I’ll probably make a comeback in the spring.
I’m working on something at the moment. You can’t keep a good addict down can you? :)
RD
Analyse your results see which races you do well in and concerntrate on those, analyse the results where your horse was beaten and try and identify what you missed
<br>You do not need inside info, fast pics or a big bank to turn a profit m8
Quote: from Racing Daily on 4:25 pm on Jan. 6, <br>I was simply responding to dj’s comment that experience doesn’t mean anything. ÂÂÂ
An interesting way to be interpreting ‘sometimes experience can be overrated’. Experience is only of use if you learn from your mistakes.
I think experience is very valuable as:
– it hones intuition
– it teaches you where your own strengths and weaknesses are
(assuming you bother to learn from your experience)
RD
First you say "The only winning play is to not play", then you say "I don’t doubt that I could turn a profit if I put in the hours".
I don’t get it, have you totally reversed your opinion on betting in just the last few hours?
Steve
I s there any chance of getting hold of a copy of your book Tooting .. I have a couple of chapters but wouldnt mind reading the whole thing.
Quote: from stevedvg on 5:16 pm on Jan. 6, 2007[br]<br>First you say "The only winning play is to not play", then you say "I don’t doubt that I could turn a profit if I put in the hours".
I don’t get it, have you totally reversed your opinion on betting in just the last few hours?
Steve<br>
If you read on, you will see what else I said …
"I have to be a winner just to break even"
If I make a 5% profit i’m still at levels. I can make an acceptable profit, and still be showing as even stevens. Now, if I were willing to compromise my spare time in the pursuit of a £20pw profit, i’d probably be able to do it. But I just don’t see the worth. I’ve said in the past that I can stack shelves at Asda for £150pw if I wanted. <br>When I say what I said, i’m saying that the prize isn’t worth the effort. Unless you are on a 2% commission rate. To achieve that, you need a massive bank to play with.<br>I’m kinda toying with the idea that someone brought a few days ago. Compound interest is king, or something along those lines. I experimented with it a while ago, and got to day 31. With a conservative bank, pennies, I could have some fun and maybe turn a profit for little investment.
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