How much of a Gambler are you?
I don't mean match betting.
I mean biasing bets on a feeling.
Just plain letting it ride and hoping for a bigger win.
Punting on a horse if the odds go bad rather than taking your punishment and the best that is now available.
And how do you think it's gone?
I have lost a few hundred quid leaving things ride on a favourite.
But I also won £360 on a double that I mugged on BF (it was bet £20 and get a refund if loses). So for a possible £10 win I ended up £360 up.
It has probably evened out for me.
I thought Liv-Blues today wouldn't be goaless.
I was putting on a £25 SNR freebet and I nearly biased it for only a £2 if 0-0 - and just for an extra £1.80 if it lost.
I ended up playing safe and taking the lesser amount - and it was indeed 0-0.
So thank goodness I didn't go with my hunch.
i dont think of myself of a gambler, but i will wager on anything i think i have an edge at. I dont bet mainsteam sports lines unless i am following a professional capper that has been good for many years. But i will bet prop bets,poker side bets, poker, or any other kind of wager where i know i can crunch the numbers and have an edge. In fact, i havent got engaged to my girlfriend yet ( and believe me after being together for 5 years she is pushing hard these days) but since the divorce rate in my state and basically everywhere is 50% or higher these days, i tell here I wont even think about it. I am a numbers guy, and looking at millions of marriages, if the % is not in my favor, i wont think about it. I know sounds stupid and maybe ignorant since every situation is different, but hey, it has served me well in my life to this point, so why change things for just one aspect of my life.
Poker Pro, Prop betting master, Pet monkey owner, and Howard Stern super Fan.
lol, i'm sure she appreciates the analysis you have conducted there kid!
Originally Posted by kidpoker
Apparently libya has the lowest divorce rate in the world, i hope she doesn't make you relocate!
Rangers then, Rangers now, Rangers Forever.
I will gamble on things if they make it more fun for me to watch/be there/take part. Either a football game I am going to or TV program I am watching (My biggest ever pure bet was in play on the 2007 Eurovision winner) it is always a bit more exciting with some £s on the line.
Sometimes the finiancial gamble is actually the opposite in terms of my happiness and acts as insurance. I have been known to bet on teams I like losing so that if they lose I am upset but have some £s for it. Games I go to I nearly always have £5 on 0-0 because if I have to sit through such a boring display of football im damned if im paying for the privaledge. I want my money back.
I used to gamble more than I do now. When I was younger I was more carefree and didnt care about losing or trying and failing because I figured I would have plenty of time to make it back/make amends. Im talking about the BIG gambles in life here. Not getting engaged as such (a la KP) but that sort of idea. Now I am much more inclined to play it safe and take the middle road.
Have a plan and stick to it
ohh I love it fabulous!
Originally Posted by Andy
I love slots... and I'll have a gamble on a slot promo even if it's a really really rubbish promo and / or slot..
How much of a gambler? Well, like many, the answer is "not enough of a gambler" according to some bookmakers:
* A business decision has been taken by our Senior Traders and...
* Our trading team have monitored your betting patterns and...
Neither sentence ends with "you're cordially invited to the Christmas party"... sadly.
For me, it's more the process of finding the bet, looking at stats, info and other people's opinions, rather than the thrill of watching a game live and seeing if my bet holds up. I would never bet an amount on a game that would make me be sweating or have 'an emotional rollercoaster' but I do get what Andy says about betting as some form of payoff or to add a bit of excitement. It's just the excitement thing for me isn't really there personally. If I was a United fan, each season I would lay United to win the Premier League. If they win, I lose my bet but I can laugh at all the City fans. If they don't win, I can escape the City fans and book into the Lowry Hotel with the added bonus of meeting... I mean, hearing some of my sporting heroes as they wind down with prostitutes in the room next door.
Back to gambling... take picking a Scoop6 - it's very unlikely to win, right? Sure, but if for fifteen minutes you look at form, course conditions, draws, opinions, jockey/trainer combos etc, there's some sense of satisfaction. You may end up picking a horse for a 3 mile chase who has fallen in the last five races which were 6 furlong flat races but that's neither here nor there, one can't be expected to understand all those things I mentioned and how they alter horse races.
Some may think "waste of time" but in reality, what else would I have been doing over those fifteen minutes? Making love eight times to my imaginary lovers? Gambling works on many levels... I for one don't play Dream Number to win £500k. I just want better roads for the Para-Olympians to race on in 2012 - maybe it will be my £1 that pays for the rag doused in petrol that re-lights the torch after some Blue Peter presenter gets pushed into the Thames as they hand it over to the Queen.
IMO, and the serious point I've been building up to, there's a difference between thinking something will win and betting on it (without research) or researching something to bet on it (regardless of whether it's value or whether it goes on to win) and the whole 'letting it ride' - admittedly not always since the letting it ride could have knowledge, apparent value or 'feeling' behind it at least. For example; you line up a £200 horse bet to match off. This is any old horse you know nothing about in a race you know nothing about. That's fine because you're not gambling or trading, you're just going to quickly match off...
Oh crap, the 5.5 lay jumped to 6 within 20 seconds. What are you here for, MB or mug punting or 'trading' in-play? It'll come back, it'll come back... 6.5, 7. It'll come back, it'll come back. In-play... in-play on a drifting horse you know nothing about and have no affiliation with in any way. You've neither chosen to try research the race to bet on nor have you said "with this £200 I'm going to add excitement to this race I'm watching by betting on X". You're in a position you didn't actually set out to be in and so you've likely lost some control (not saying it's the road to ruin, sure many have done it including me) and passed up the opportunity to use dicipline, a very good attribute to develop/maintain. That kind of gambling is something I'm keen to avoid.
I don't gamble my own money on much these days, but I do gamble by letting big potential wins run to the end rather than laying off in-play.
Eg I had a bet on the golf this weekend, £150ish on a 26/23 arb on Casey. I hadnt watched a single shot of it til tonight, when I came down and saw he was about 1.18 to lay on betfair (3 clear with 5 to play)! I always initially only lay arbs to break even on a loss, so I was looking at +£450 or +£0 here. I didnt lay off a penny, and Casey chokes and makes three successive bogeys and loses.
This sort of thing has happened countless times, mostly with huge horse arbs going to less than 1.1 in-running, and also things like WC final, where I was due almost a £3k refund if it went to penalties. Again I never laid anything off.
I dunno why I do this. I guess I just like the chance of big wins rather than lots of medium sized ones. Also I can never decide at what odds I should bother laying! Would be interesting to know how much better/worse off i'd be in the long run if I laid off all profitable bets at odds of say 1.2 or 1.1!