How many keep a detailed record of their betting ?

OutSiders4Me · Handicapper Joined: 31 Mar 2008 Posts: 17

No don t keep mine betting slips.
Except if it was a big winner Laughing

I just note down my wins looses on my notepad.
Like now hope am be lucky on the flat..
Come on Frankie Smile

anyway only bet on big races. Very Happy

onaed · Posted: Fri Apr 18, 2008 11:08 pm Post subject:

For me its all about the fine line between fun / a past time and serious gambling as a way to make money only for the latter would i feel the need to record bets.
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princecap · Group 1 Class Joined: 02 Feb 2008 Posts: 485

I think I might start recording my bets now. Seems like a better way of doing things. However, I tend to bet lots rather than a few condensed one. Perhaps that would be the first step..narrowing down bets!
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onaed · Posted: Fri Apr 18, 2008 11:16 pm Post subject:

Then your losing the enjoyment of watching them so your going from leisure to pro

I dont wanna do that tbh.
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princecap · Group 1 Class Joined: 02 Feb 2008 Posts: 485

Good point! Think I might have to wait till I finish my exams...would give me more time then Wink

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wize 1 · Group 1 Class Joined: 16 Aug 2007 Posts: 428

yes its easy just look through your account statement records with your bookmakers online betting ,plus i use the tip page history, because everything i tip on their ive backed.and olbg does it for me Smile

for all to see Very Happy

martinallen72 · Posted: Sat Apr 19, 2008 9:40 am Post subject:

absolutely I dont - I dont keep anything.

hate order and much prefer spontaneity and freshness.

every bet is a new bet for me and given that, for me personally - and i know it does not apply to everyone, horse racing is a hobby, a fun outlet in life and the thought of keeping anything, especially records, would dry my soul!

It would pain me to think I'd spent hours and days pouring over records and form only to find my horse trail in last! I much prefer to look on the day and go with a few minutes of research and a bit of intuition. A spontaneous selection - and if it loses, never mind.

However, I am not wishing to denigrate those that do keep records. I totally understand that professionals ought to - i can see it is probably essential but I could never be the professional. for me personally, life is too rich and varied to be limited to hours of studying horse form.
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davidmoyes · Posted: Sat Apr 19, 2008 9:57 am Post subject:

FAO: the professional gamblers on here. Since most of you keep records, would you say you are on a profit overall or a loss? Just interested.
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Betfairalfie · At Stud Joined: 01 Mar 2005 Posts: 4666

Overall OLBG profit over last 12 months

Those that keep additional records:
Roger Green +585
yoyoleo -£18,229
deco121 -£23,048
Inatimate1 -£5,735
Betfairalfie +£3,191
fairfranco +£202
colindune +£1,638
abhinn +£2,345
strick206 -£285
turfline +£2,086
KEV THE FISH -£250
enfieldboy -£3,800
OutSiders4Me -£50

Those that do not keep additional records:
MrLPedigree - No Tips
onaed -£34,651
princecap +£1,249
wize 1 +£6,625
martinallen72 -£3,349

So on this small sample 50% of those who responded were in profit over last 12 months on OLBG and it didn't really seem to matter if they kept records on not.

PRO Gamblers who lose money wouldn't be very pro would they, unless they get another revenue stream like selling their tips or being a racing pundit.

You can't have improvement without some sort of records and a review system, in my view. Whether your a Pro or a Hobby Punter you'd surely want to continually improve.

man o bong · Posted: Sat Apr 19, 2008 12:23 pm Post subject:

Hell yeah, essential for findong out which sports then typeof races in my case i am best at
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jeremiah catskill · Posted: Sat Apr 19, 2008 1:27 pm Post subject:

Hi, When I first came on here in Dec 2006 the primary aim was to use it to finally record my own betting habits. I always knew, or thought i knew , that i was making rather than losing money but i always lost interest along the way in recording bets. I also wanted to see which my better areas were.

I'm not sure if my profit (£33,000 or 169 pts lsp (3 mths missing)) was due to me recording bets or not but it did allow me to focus on my better areas. I now rarely touch the areas that i made losses at & in theory improved my profits.

I am a bit of a spreadsheet freak so it usually is a pleasure , not a chore but it IS a worthwhile exercise

JC

jeremiah catskill · Posted: Sun Apr 20, 2008 12:00 am Post subject:

Of course!

Just felt the pro comment needed a response in the positive!

It was in response to monetry values being posted in a previous mail.

Pride rather than boasting I feel!

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