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wasimbutt2007
Group 3 Class
Joined: 26 Feb 2008
Posts: 62
Location: Reading
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 Posted: Sat Apr 12, 2008 8:01 am Post subject: key factor in gambling |
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i have wondered what the most important thing to take into account is when you gamble.Is it:
luck
discipline
strategies
patience
aggression
hard work and research
any feedback would be welcome!
Thanks |
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man o bong
At Stud
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Joined: 13 Aug 2005
Posts: 4531
Location: Valley of the race-horse
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| Posted: Sat Apr 12, 2008 10:00 am Post subject: |
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Very simple question to answer.
in this order
1) hard work and research
2) patience
3) discipline
4) luck
5) strategies
and your original question...
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| i have wondered what the most important thing to take into account is when you gamble.Is it: |
turns into
i have wondered what the most important thing to take into account is when you BET.
Certainly number one is by far the most important factor, without hard work you will find very little return
You reap what you sow
aggression
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nors
Triple Crown Winner
Joined: 01 Aug 2006
Posts: 1034
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| Posted: Sat Apr 12, 2008 11:19 am Post subject: |
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Like most things in life, the more you know the better you become at something. Read,look,listen,study and then repeat all of those.
Remember you will never win every time you place a bet and you will be wrong lots of times. As long as you are right sometimes and the prices of those bets are big enough you will win. |
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thepro
2yo
Joined: 14 Jan 2006
Posts: 9
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| Posted: Sat Apr 12, 2008 11:38 am Post subject: |
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wasimbutt2007
I would say that the most important point to to take into account when placing a bet is to take the gamble out of gambling. Whatever bet you place needs to have some value in it - Therefore a lot of the things you mention come in to play at this point.
Hard work and research to find the value
Discipline to only bet value
Patience to wait for a value bet to show up
and so on.
There only two occasions when you do not need value in your bet, one is when you don't ever intend to make money from betting and secondly you only ever bet on winners - Let me know if you manage to achieve the second!
The pro |
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Betfairalfie
At Stud
Joined: 01 Mar 2005
Posts: 4666
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| Posted: Sat Apr 12, 2008 1:37 pm Post subject: |
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Finding VALUE is the best system I know.
A system is no good without DISCIPLINE
LUCK is important, but luck seems to balance itself out over time.
Punting is always a gamble and don't let the system-heads convince you otherwise. But trading (preferably pre-event, but always based on a good value call) is the best form of "gambling" I have found in the last 47 years. |
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SparHawk
Group 2 Class
Joined: 12 Nov 2005
Posts: 215
Location: Up North
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| Posted: Sat Apr 12, 2008 7:49 pm Post subject: |
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One point I would like to make about value bets is your interpretation of what is value.
You might say that getting 100/1 for Derby to beat Man U is Value, but would you back Derby??? I wouldn't.
You still have to be confident in your selection before you even look at value.
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wasimbutt2007
Group 3 Class
Joined: 26 Feb 2008
Posts: 62
Location: Reading
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| Posted: Sat Apr 12, 2008 7:56 pm Post subject: |
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| thanks for the advice guys but do any of you know when a selection is 'value' or not and how can you tell or calculate it? |
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princecap
Group 1 Class
Joined: 02 Feb 2008
Posts: 485
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| Posted: Sat Apr 12, 2008 8:19 pm Post subject: |
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imo, arrogance in betting is bad. Nothing is a 100% sure-shot, and trying to convince someone else or yourself can be a fatal mistake. I am sorry to bring this up, but I noticed you posted this in the Systems sub-forum:
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wasimbutt2007
Handicapper
Joined: 26 Feb 2008
Posts: 21
PostPosted: 09 Apr 2008 07:56 Post subject:
looks like you system didn't work laddiespoker
i think u lost at least 4 of your bets shown above. I'll give you a propertip, newcastle beating pompey pays 9/4 or 5/2 |
I think it is considerate of you to reply to other posts, but please refrain from making them derogatory. I wanted to highlight this since Newcastle failed to win today, and your proper tip failed.
I apologise to anyone who might think I am having a go here, but my point is that if you bet (and not gamble), one can try to be quite certain, but nothing is 100% certain.
Its good to see that people are looking out for pointers from experienced tipsters, but try and do the same for others rather than handing out 'proper tips'!
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qhstatistics
Group 2 Class
Joined: 13 Jul 2007
Posts: 108
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| Posted: Mon Apr 14, 2008 1:37 pm Post subject: |
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definetly patience and one other thing i have found, a good staking plan does not make a bad system profitable.
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