A great big f***ing bonfire
I promised myself when I got into Ap'ing that I would be 'in and out' in six months. This was due to the fact that when I was younger I was on the verge of developing a bit of a problem, and I didn't want to risk being dragged back into what, for me at least, was an unhealthy environment.
Well, it has now been nine months since I started Ap'ing and I have been fortunate enough to have made about 7k in profits. I have been reasonably disciplined and apart from the odd mug bet here and there have let the profits slowly rack up. That was until today, when I went on tilt, and lost the best part of 1.5k (Ryan Sweeting, how shit are you?).
Now I know I am still way in profit and that 1.5k is hardly 'a teabee*' but it is still a lot of money. Of more concern to me was my reaction to make another deposit and chase, something which got me into a lot of problems in the past.
Thankfully a massive part of my float (6k) is on its way back to my bank courtesy of a couple of big wins at SJ and couldn't be got at.
This has given me a few flashbacks and has scared the shit out of me. This coupled with the fact that I simply have stopped enjoying it has led me to call it a day.
I have no doubt that I could make that money back in the next couple of months, but a bit like Eoin mentioned in his diary, when I am Ap'ing I have become such an unsociable sod that I just dont think its worth it. You need to have a certain type of personality to do this day in day out and not let it affect other areas of your life. That sort of personality I don't have.
However, I aim to go out in style and will now start to burn my accounts one by one in a giant arb-fest. I am only fully gubbed at Paddys, Skybet and I assume now SJ. So I still have quite a few big accounts to play with.
Hopefully, over the next few days and weeks I will get back a large chunk of my 1.5k and also get myself excluded from any future temptations. I will then in turn exclude myself from the exchanges.
I will try and use debit card instead of moneybookers and avoid betting on greek football. Any other tips?
What did Teebs do?
No real advice buddy other than if you are going out go out in style!
Re: Wikileaks- In a free society, we are supposed to know the truth. In a society where truth becomes treason, we are in big trouble. - Ron Paul
Burning accounts on a summer arb-fest has become a tradition for me... if you no longer enjoy it and are prone to tilt then burn 'em all (full underlays work best in my experience)!
Don't hate the player, hate the game!
Sorry to hear about your loss manuski.
You do need to be disciplined in lots of different ways if you're gonna AP. It's very easy to see large sums of money as just meaningless numbers on a spreadsheet. I suppose one way to help combat this is to keep just a small float, and spend the excess on stuff you want, or put it into a savings account that's not instant access.
One thing you could do is have a week off APing completely and towards the end of the week start thinking about whether you want to continue or not.
If you do decide to continue, maybe decide to either strictly limit the amount of time you spend doing it, or set yourself weekly / monthly targets that are fairly easily reached, and if you've reached them or are on course to do so, lower your activity.
If you are determined to go out in style, a few arbing tips:-
Think I'd concentrate on horses, as there's little top flight football on for another month. You can arb the lesser stuff but stake limits are not going to be great.
I'd concentrate to begin with on bookies that offer BOG - Ladbrokes, Hills and Bet365 mainly - assuming you're not gubbed you should be able to get decent size stakes on with those. I'd lay as much as possible @ Smarkets and take everything that's an arb - even if it's only a small arb, you could still hit a BOG and that's worth a lot if you're using high stakes.
Also it's Goodwood at the end of July, so a week of decent quality racing, with 365 doing a full compliment of 4/1 races each day.
"Bomber likes you!" R.I.P. Pat 1937 - 2004
no need to wait for so long - tomorrow starts Newmarket July Festival with racing on Channel 4
Originally Posted by Mariner13
I just want to wish you all the best manuski. I've lost large sums before and given up only to return. I'm not suggesting that's what you'll do. You've got to do what you think is right for you. Have fun with your 6k, it's a tidy sum.