Betting tips thread

Knockout

Does anyone bet here? Share your tips on this thread

Reply 1

perplexed turtle

Original post by Knockout

Does anyone bet here? Share your tips on this thread

please don't bet, my friends who are only 15 have lost 1000s from betting

Reply 2

Knockout

Original post by perplexed turtle

please don't bet, my friends who are only 15 have lost 1000s from betting

I'm up £350 this week but want to help others on here and we can chat about football, boxing, darts etc. You shouldn't be betting at 15 anyway

Reply 3

perplexed turtle

Original post by Knockout

I'm up £350 this week but want to help others on here and we can chat about football, boxing, darts etc. You shouldn't be betting at 15 anyway

I never said i was betting- just stop when you start losing, i don't want someone to suffer like my friend

Reply 4

Knockout

Original post by perplexed turtle

I never said i was betting- just stop when you start losing, i don't want someone to suffer like my friend

I'm not bragging but I'm pretty good at betting. Most people are terrible which is why it's a sensitive subject to them. Sorry to hear about your mates

dont do it

Original post by Knockout

I'm not bragging but I'm pretty good at betting. Most people are terrible which is why it's a sensitive subject to them. Sorry to hear about your mates

I don’t think you can say you are good at betting.....obviously there is knowledge involved but it’s luck/no luck thing.....it’s probability....you just need have some knowledge about what you are betting on

(edited 4 years ago)

Reply 7

Knockout

Original post by nintysixthousand

dont do it

I've been betting since I turned 18 (now 19) and have profited greatly. I understand it's not for everyone but it takes a lot of hard work and research to make money - not just a casual punt down the pub.

Reply 8

abcthe123

Yeah occasionally. I only really try and bet on things I know I have some kind of advantage on and I'm pretty certain of the outcome.
I won a fair bit of money on Khabib vs Mcgregor, predicted Khabib win 4th round.

Tips?
Don't make it a habit. Only bet on things you are genuinely informed about. Only play with money you are happy to lose. Realise that massive accumulators don't come true 99% of the time so don't waste much money on them. Smaller and more likely bets are more profitable in the long run. Once you're up, take the money and run. At least for a while lol.

As for roulette and other table games, don't fall for the gamblers fallacy. Pretty obvious lol.

Reply 9

Knockout

Original post by tomk097

Being good is shown by my profit/loss. I have been betting on football and darts mostly. Boxing is profitable when there are shows on.

Reply 10

yelir

Lost 600£ betting on football, had many wins and many losses. Recently started roulette with £50, was up to around £80 in around half an hour just from playing with 10p spins, doubling each time I lost. Within 3 days I was up to £275, from 10p and the occasional 50p spin. On the fourth morning I started with 10p slots only to go on a massive losing streak, (was red for like 15 times in a row) and end uo with £18 left. decided to withdraw it and stop gambling for a while. Wasn't massively bothered about losing the money as it was money I could afford to lose but I was gutted I could've withdrawn £275 instead of £18 if I hadn't been greedy. My advice would be for gambling is to stop gambling when the buzz stops and to avoid revenge depositing at all costs if you lose. With sports betting its different as there is opportunity to make a lot of money if you are smart and can take calculated risks. I would advise to have a strict risk management strategy of not risking more than 5%/10% of your overall balance, and to have a balance of around £500. Therefore you are betting with £25/ £50 which is enough to adequate a moderate return. I see people betting with £50 in their balance and going in for a £5 return, doesn't make no sense. Don't gamble based on your value of your balance, bet based on the percentage.

Reply 11

Knockout

Original post by abcthe123

Do you not know what betting tips are? Thanks for the advice though haha. I would never touch any of those roulette games and stuff because they're obviously rigged and there's no educational side to it 😂

Reply 12

abcthe123

Original post by Knockout

Table games aren't rigged. There's something called the gambling commission and all licensed casinos, online and physical are heavily regulated. Poker definitely has an education side to it, it's a sport. There are multi-millionaires solely from studying the game and getting good at it.

You can get sucked easily in roulette. You can also win a lot of money quickly in roulette. Simple as that.

Reply 13

Quady

Original post by perplexed turtle

please don't bet, my friends who are only 15 have lost 1000s from betting

Your friends have thousands? Where are they betting?

I've made £600 this year.

Reply 14

Quady

Original post by yelir

Why hold your capital in the betting account? Mine stays in savings.

Also, a 10% return makes sense.

Unless Wales has an independence referendum between now and Tuesday I will make £3 off three £50 bets. Each of those bets was my entire balance in my betting account at the time.

Will make a 12% annualised return on them. Not sure why that's 'bad' in your view.

Reply 15

ch0c0h01ic

Original post by Knockout

The problem with betting is that there are too many variables, random events and possible outcomes to account for, regardless of how much "hard work" or research you do.

If you bet enough and for long enough chances are that you will eventually lose money - a year is no time at all in the grand scheme of things.

Genuinely successful gamblers (ie; consistent profit over multiple years/decades) do so either through exceptional luck (and the argument is that if you follow them for long enough they will eventually fail) or through some sort of "edge"/"cheat" (eg; arbitrage, matched betting, manipulating scoring latencies, bots, etc).

You're displaying all the usual gambling fallacies, and I hope things don't end badly for you. Coming from someone that is a lot older than yourself I have seen a lot of young, over confident gamblers come and go, they all had brief periods of success punctuated by significant losses.

The only successful grambler I've known (ie; paid off £30K in student debt and fully supported himself through university) did so via an "edge" and he stopped when he was ahead*.

---

*Not 100% true but that is what he likes to tell people. The reality was that in the later stage of his "career" he lost £10,000s through recklessness/overconfidence/addiction. If it wasn't for him recognising this within himself and stopping (and possibly the actions of his friends and family) he'd probably be a penniless bum by now!

Reply 16

ageshallnot

Original post by Knockout

I'm not bragging but I'm pretty good at betting. Most people are terrible which is why it's a sensitive subject to them. Sorry to hear about your mates