Is Your Sole Income from Gambling?

The Shark · At Stud Read My Blog! Joined: 01 Feb 2004 Posts: 3064

In a round about way I guess mine is...

I know we have a number of professional gamblers who use OLBG - at a guess maybe around 5 who post? I epect more come and look but dont take part yet. Hopefully we will see..

But also quite a few who suplement their income from gambling - be it Poker, Trading on Betfair - so also interested to know how many people would say Gambling was a second wage for them.

thatsa donkey · Classic Winner Joined: 06 Jul 2005 Posts: 787

Hi Guys,

No, my sole income is not from gambling, I couldn't even say that it provides me with a secondary income, I am pretty new to gambling (only been looking at it for about 2 1/2 years and gave up on horse racing after finding out I was struggling to make a profit at it after 2 years, now I am concentrating on football a sport I know nothing about.)

I am aware that to make gambling my sole income would be good but I need to do a couple of years researching where my strengths and weaknesses are first.

Donkey. Fingers Crossed

SuperCat · Posted: Wed Feb 27, 2008 3:10 pm Post subject:

Yes.

But then I'm on "the other side of the fence" to the punter.

Smile

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I did rather well in the February 2008 tables!

Lampah · Group 2 Class Joined: 10 Dec 2007 Posts: 225

No can't say that my sole income is from gambling. To be honest I'd be broke. In my gambling lifetime I'd say I'm down a fair amount. Its just a hobby for me. If I make any money its just a bonus. I'm the sort that will have a punt on anything. I find it difficult to watch a sporting event without having some sort of wager on it. I can't walk through a casino without stopping to have a quick flutter. Compulsive? Maybe. Has it become a problem where it adversly affects my life or my loved ones? No Smile

BoozyBeggar · Group 2 Class Joined: 17 Nov 2007 Posts: 184

I retired a few years ago. Since then, gambling has become a useful second income (after landlord), paying for Sky / Broadband / takeaways.

I aim for £50 a month from poker (used to be £250 back when I played more and the tables were looser) and, since joining this site, £50 from sports gambling. On average, I just about exceed this £100 target.

Prior to joining OLBG, my sports betting wins came almost exclusively from the final stages of World Cups and European Championships – in excess of £1k every tournament since France 98, but never more than £2.5k.

Carefully selected, there is a wealth of knowledge available on OLBG. I’ve made a decent profit from bets I would never have even looked at except for the posts on this site.

Roger Green · Posted: Wed Feb 27, 2008 8:32 pm Post subject:

I make a very good living from "betting" horses, and have done for many years...I follow form, information, and glean as much knowledge as I possibly can....learnt two lessons the hard way..

( 1 ) If you go into a bookies to place a bet, do just that and walk out...better still have an account(s) cos you can soon see how much you are losing!

(2 ) Only bet what you can afford to lose...never chase losses

Have had interests in bookmaking as well, so been lucky cos I have seen both sides of the fence....Bookies adore punters who do multiple bets...they hate laying win only singles!....Good Luck

bospheros · Group 3 Class Joined: 16 Mar 2008 Posts: 79

nope thank god.

lost thousands (about 3) on poker from june 2005 to january 2008

lost about 1500 on sports betting over the last year.

could do with quitting really... but i'm here to find a new strategy before i do.

started playing the lottery recently, so i'm getting a bit desperate loike...

having said all that, i'm not in any debt problems... gambling is just a hobby.. albeit, quite an expensive one at the moment.

Dammo Qwirky · Stallion Joined: 29 Oct 2004 Posts: 5920

come join the OLBG lottery syndicate if u like bo. we buy 28 lines in each draw. always on the lookout for new members, so if u (or anyone else) want any more info feel free to send me a PM.
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Positions now available in OLBG Lottery syndicate. 28 lines in each draw dramatically increases chances of a jackpot. Please PM me for info.

princecap · Classic Winner Joined: 02 Feb 2008 Posts: 519

Nope. I gamble for 'fun' and with small amounts. Because I am highly analytical ( Wink

), I enjoy analysing games and formulating systems. Thats the sole reason why I gamble.

As they say, the money is just to keep the score.

Billy121only · Posted: Thu Mar 20, 2008 6:21 pm Post subject:

I am lucky enough to be living the dream!

It has taken me years and it is very hard to make it pay. However, I offer the following advice;

1) Forget picking winners. That is easy. To succeed, you must obtain VALUE. It is all about maths. Maths maths maths.

2) In line with above - you must take the best price available. There is a massive difference between 9/2 and 5/1. It may not seem like it, but trust me.

3) NEVER bet at SP. Take opening show or preferably Betfair's SP. Better still, take the best price available. Open accounts with as many firms as you can. Most offer a bonus or a free bet.

Visit http://www.valuechecker.co.uk/

Billy
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The light at the end of the tunnel is probably just a fire halfway down..............

pkilgannon · 2yo Joined: 26 Apr 2008 Posts: 2

I answered es, does working in the industry count Laughing

Tappets · Handicapper Joined: 25 Jun 2005 Posts: 14

Definitely not making a living but making enough to have two or three short breaks a year and visit a racecourse for some live racing at the same time.

Success at gambling needs patience, study, discipline, calmness and at times good luck - but luck is not the most important factor in my experience.

Losing at gambling needs just the right mix of rashness, greed and stupidity.

Harsh words but ones that apply to myself as much as anyone else - I think we all have had occasions when we knew we shouldn't have bet but did anyway!