So previously my betting to put it bluntly has been pretty shite a good run where I concerrntrated, studied and profited was always followed by a losing run, chasing a loss or wanting to make a quick few pounds by backing a short priced favourite in running just to keep topping the betting bank up or just out of boredom looking at the inplay fixtures on a mobile phone and stickinga few ££ on a team who have had more shots on target than their opponents, I knew it was a BIG NO NO and that it would always end in failure and I would then take a break of a couple of weeks and start again by hitting the deposit button. I'm not talking huge amounts of money, it was money that I could lose but didn't want to, I wanted to be good at this game but wanted to see quick returns which again in my head I knew wasn't possible. (just reading it back sounds like I had a gambling problem, apart from being shit at it there was no risk of financial ruin or anything like that).
The last few weeks I have realised that it takes a lot of time and effort to be come even close to breaking even let alone making a long term profit and even after putting in the study time things can still go wrong, a red card, an own goal or a poor refereeing decision or just an off day for a certain team can all affect the outcome of a bet, so far I have managed to take those in my stride and realise that there will soon be a new round of fixtures to study and concerntrate on.
I have decided to concerntrate on a specific market and that market is the corner markets, bookmakers seem to price these up generically and in the small amount of time I've been looking at these markets there seem to be some good oppoutunities. Many thanks must go to Kelvin Burt (a must follow on twitter if you don't already) for his time, help and unbeleiveable spreadsheets with more information than my little brain could compute.
One part of my betting that i need to improve is recording my bets, in the past I've started spreadsheets and been good until I've undone all the previous weeks profit with one stupid bet and lost all the profit and then some and not bothered to record it because it wouldn't look good, I know it will never help me to improve as I cant see where I'm going wrong but I guess the thing is I knew what was going wrong but couldn't stop it, it has been said before that you can't teach disclipline and I think that is true to an extent, it takes a lot to change a mentality that has been with you for a long time but it can be done.
It's only been a few weeks and things have been going well, time will tell when a losing run happens because I know it is just around the corner, wether I can keep that disclipline and wait until the next oppourtunity comes along or if I blow it, if I blow it there will have to be a time when I say to myself that betting is not for me and will stick to £5 accas for 'fun'. there are a couple of things I now do to help and that is to take all money out of betting accounts until ready to place a bet, which enables me to take best price as i can deposit it to any bookie rather than having money tied up and using that bookie for sake of it and it being a temptation to place a bet, any money I make over my betting bank goes into a seperate account and hopefully one day I'll be able to buy something nice.
I guess most people know this anyway but hopefully will again help me keep focused and enjoy making some money in 15.
The last few weeks I have realised that it takes a lot of time and effort to be come even close to breaking even let alone making a long term profit and even after putting in the study time things can still go wrong, a red card, an own goal or a poor refereeing decision or just an off day for a certain team can all affect the outcome of a bet, so far I have managed to take those in my stride and realise that there will soon be a new round of fixtures to study and concerntrate on.
I have decided to concerntrate on a specific market and that market is the corner markets, bookmakers seem to price these up generically and in the small amount of time I've been looking at these markets there seem to be some good oppoutunities. Many thanks must go to Kelvin Burt (a must follow on twitter if you don't already) for his time, help and unbeleiveable spreadsheets with more information than my little brain could compute.
One part of my betting that i need to improve is recording my bets, in the past I've started spreadsheets and been good until I've undone all the previous weeks profit with one stupid bet and lost all the profit and then some and not bothered to record it because it wouldn't look good, I know it will never help me to improve as I cant see where I'm going wrong but I guess the thing is I knew what was going wrong but couldn't stop it, it has been said before that you can't teach disclipline and I think that is true to an extent, it takes a lot to change a mentality that has been with you for a long time but it can be done.
It's only been a few weeks and things have been going well, time will tell when a losing run happens because I know it is just around the corner, wether I can keep that disclipline and wait until the next oppourtunity comes along or if I blow it, if I blow it there will have to be a time when I say to myself that betting is not for me and will stick to £5 accas for 'fun'. there are a couple of things I now do to help and that is to take all money out of betting accounts until ready to place a bet, which enables me to take best price as i can deposit it to any bookie rather than having money tied up and using that bookie for sake of it and it being a temptation to place a bet, any money I make over my betting bank goes into a seperate account and hopefully one day I'll be able to buy something nice.
I guess most people know this anyway but hopefully will again help me keep focused and enjoy making some money in 15.