Thanks for that slim/Fella, I will add it to my todo list. I'd just thought as well I hope Andy is OK with all of this given that we do have the odd poker site in the TGT list! It is a very decent offer though on this other site... thanks again.
For all you novice poker players who would like some literature ... try googling "Poker Book Flood + torrent"
now this torrent is a couple of years old, and not all that active nowadays, but if you can find seeds its a book compilation of 58 poker books, its only 311MB in size and has lots of great titles ... you can read on your PC
but once again, finding seeds may be your issue ... or you can ask for seeds at BestPokerTorrents.com or ThePokerBay.org in their forums
58 of the best titles for a mere 311MB download ... a bargain !
Cheers, Makybe !
Everything ends badly, otherwise it wouldn't end.
Yes do what you want, this is a much better OFFER than anything we have so thats fine.
Originally Posted by munk
Have a plan and stick to it
I only just read this, great post Fella! I'm way behind most of you regulars, I only discovered MB last september and must admit I have no idea how much I've made. I record everything on paper and the thought of adding it all up makes me want to cry.
I also discovered all this via poker, somehow. I get obsessive about stuff once it catches my interest and after playing a few home games with mates, I thought I'd try and learn more. I got a copy of Harrington on Holdem, found a great website (Poker Forum | Online Poker Forums Community and for starters this is a goldmine: http://www.flopturnriver.com/phpBB2/...re-t36037.html and read everything I could while playing microstakes. I started with $25 I think, and turned it into $300 in about 6 months which at the level I was playing was good going. There's a great piece of software called Pokertracker (amongst others) which records everything that ever happens while you play. It's incredibly good to improve your game.
Anyhoo, during all this I found the "free books" offer mentioned above and at about the same time found MSE. As soon as I realised I could make money in a quicker easier way, my poker took a back seat and I went crazy learning this MB lark.
I still intend to go back to the poker but just don't have the time at the mo to do it justice. Oh and for the record, the reason i've failed so badly in the TGT tourneys is because I play ring game and am really bad at the tourney format, lol!
Perhaps because I've only been doing advantage betting for a year, I haven't had a lull as such just yet. I'm busy saving for a holiday to Australia in about feb so that keeps me well motivated.
Great thread Fella,
Im in a situation now, I set myself a target of £5500 in 12 months, in 10 months I have managed £8700.
I wanted the £5500 to clear most of my debt but now I have made enough I dont want to stop as what I can make a month well out ways any loan interest.
But on the other hand the more money im making the more risky I get (On casino's), So im thinking do I pay everything off and start again so I will then appreciate small offers and not take risks.
Or do I dive into the US books and carry on mbing and make more money?
This has been something thats buggin me all month.
Opinions would be great
Originally Posted by iwantmore
£5500 is a large percentage of £8700 & will likely affect your profitability so from a purely +EV perspective the call is to keep your float, at least until a £5.5k chunk won't make as much difference - which probably won't be long the rate you're going. I might be tempted to plug on until you get to around £11K at least - at which point you'd still be keeping half your float.
The other factor is what kind of loan it is as some conventional loans are a heinous rip-off if you pay them early & others have other terms (cashback once you pay the loan etc) that may be a factor.
But all things being equal, I'd probably vote for plugging on until your float is bigger.
This is actually a tough one to call, because so much comes down to the ability of the individual.
Originally Posted by iwantmore
The previous two posters think you should carry on and, I would agree with that.
Personally, I do not advocate debt other than a mortgage - anything else, depreciating assets, overspending, holidays, etc etc should never be purhcased with debt. I have a strong opinion on this and I tend to think that people who get into debt over such purchases are crazy.
This is because I myself was once in a massive debt. If only I knew what I knew now, I could have paid it off much quicker! Without getting to in depth I know only too well the stress it can cause. Fortunately these days I am a good way along the other end of the scale.
Now onto whether you shoud pay your debt off or not. At this point, I think you should keep your float and carry on as you seem to be doing progressively well.
Yes - the debt is costing you a % interest each month but the liquid capital you have is earning you a bigger amount Matched Betting.
Again, this is just an opinion and you have to make your own choice. I hate personal debt and I do not advocate personal debt, but you have to make an intelligent and business like decision.
Caveat - make sure you know what you're doing though! (which it looks like you do).
Also, whilst you are retaining that debt, why not search the marketplace and get it all on some kind 0% deal or something?
Its basically just a natwest loan and HP on my PC.
I have been taking the monthly payment out of my mb funds anyway, It's just a nagging thing I have in my head saying you've done what you set out to do pay your loan off, But deep down I know it will be better to carry on.
My original target was to make the £5500 by december 09 so I might carry on till then and reasses the situation at the end of december.
I apprieciate all the input guys, thanks )
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