My BIGGEST Tip!!!
I have just join TGU and saw the encouragement to post. I have been a member at MSE since March which is when I started MBing but never really felt confident enough to post on there.
The one thing that has made the biggest difference too me personally - which is where my tip comes in - is to not spent too much time 'spinning your wheels' going over TMI (Too Much Information) working out what you should do next.
The most productive times are when you just roll up you sleeves and get on with it - then once you have done all you can within a set time or your liquidity runs out - then look around at what your next steps should be and note them down.
It is worthwhile treating this in a businesslike manner - set times, goals, keep notes sorted and in one place.
Looking ahead this situation will not last forever, it will probably get harder to do, or just take up too much time. At least if you make the effort now and do as much as possible then the new opportunities appear later you will be ready to pile in and take advantage of them.
I could probably write a lot more on this but in essence my biggest tip, at least for an easily distracted person like myself is to 'Get On With It Now!'
Anyone else have any tips they would like to share?
Yes. Never ever ever be tempted to blow MBing profits by doing silly things like laying horses and dogs ....which ALWAYS backfires...TRUST ME ha ha!
I've had the occasional blow out and fritter a betting bank away...lay a horse in a big field in some not in play race in USA or something and it has come in at about 20/1 laid for a tenner......unbelievable but true. Seriously its very dangerous to do mug puntingand I''ve learned the hard way a couple of times a year thinking " I can lay 'em and win loads". No way. Also I got badly burned using Bet Trader Pro on Betfair a few times and thinking I could back and lay in play like a 'Pro' Gambler. 'Fraid not!!!! Lost stacks.
I'm learning the hard way and go back to the principles of MBing and get back on track.
Laying only is chasing an unattainable dream.A fallacy. I bet a few will know the issues I've experienced. My tip is avoid these mistakes at all costs. However the temptation to do is deadly!
Yes - I Giants Seat's suggestion should be burned into your mind. I have noticed trends, followed systems, the latest betfair loopholes and have been burnt terribly. I lost a few months MBing profits within minutes at one point and nearly threw in the towel - so yes - follow the system - don't get distracted.
Hello there, thats a very very good first post, i will make sure it is in next months "Post of the Month" competition.
There are other ways to make money gambling and laying sytems do exist and work on betfair, its just by definition you wont be told about it because if everyone knew it and tried it then it would stop working. Matched betting is the only public "system" that really develops long term profits that I can think of. Well and lay England in major internationals to level stakes (sharp minds are still hopelessly patriotic) so unless you are happy to gamble and lose (some people are) then matched betting is the way to go.
Have a plan and stick to it
Great couple of posts there. cheers
For reminders - I use reminderfox for firefox - google it and add it as a tool for your firefox browser - so handy and easy to use
Hi Lucky in love and welcome.
I'm sorry that you were scared off from posting on MSE - it's where I got started and, apart from making me a tidy profit, does have a lot of cameraderie. Having said that I know that it at least appear cliquey and some posters seem to show a very low level of tolerence for 'silly' questions or ones that have been already asked in the past.
I've not been on TGU for long but it is refreshingly relaxed and I've really taken to this place in the last month or two. There's a lot of advice to be had and Andy is alway helpful...even if he does the MSE 'unthinkable' and backs a bet somewhere then lays 'about twenty quid'
Lets face it, it's all phree munney at the end of the day.
My top tips would be
1) Entirely agree not to spend hours working out what to do next
2) At the same time don't go for an offer just because you spot one without checking that a bigger one isn't available (the Racing Post has loads of offers in each week that are better than the standard ones and it may be worth waiting till a really good offer comes up for certain bookies)
3) Enjoy your profit.
4) Remember that there's a world outside, so if it's a sunny day, go out in the garden and kick a football around or drink beer rather that staring at a computer
What!!! You mean there's actually something out there?
Originally Posted by lazza_w
There's a site I use big time here for reminders:
Originally Posted by BingBang
Remember The Milk: Online to do list and task management
really excellent, will try that firefox tool though cos that would be good not to have to goto remember the milk all the time cheers. (UPDATE: Just visited the reminderfox site and it sounds awesome actually... just need to set a reminder now to set my reminders!!! )
My biggest tip would be to always stay in control of your gambling. If you're match betting, keep track of every single transaction you place and double check everything. This makes it a bit tedious but gives you complete control over your gambling so you know before the event starts how much you're in profit/loss and in a way makes it less fun and less addictive.
Basic way I do it:
- Find matched bets/arbs
- Run it through spreadsheet to find best lay stake for the back odds/stake
- Place back/lay bets.
- Enter the event name into the spreadsheet, save it.
- Go back and double check the bets.
Doesn't take that long and can save a load of money if you've made a mistake.
Another top tip would be to take a screenshot of your bet receipts - gadwin printscreen is pretty good for this, just hit 'printscreen' and you're done, you can set it up to auto save to whereever you want. That way if you find out later that you've not been paid right or a bet is missing or w/e, you can check your receipts screenshot directory and confirm what went wrong.
hehe my tip would be to listen to what everyone else has said and not to be lazy like me .... i get the feeling everyone has a much easier life remembering where money is etc than me
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