gambling

5 Reasons Why You Shouldn’t Gamble

5 Reasons Why You Shouldn’t GambleEven after some 30+ years of gambling – I’m still learning. Which should tell any novice or would be professional gambler something. It’s far from easy to beat the bookies and impossible (without cheating) to take the casinos for a ride.

True, you can get lucky. I didn’t say you needed skill to make a fortune gambling but if you don’t have knowledge then you had best pray you are that one in a million who strikes it lucky. It happens every day of the year to someone. As the adverts says: ‘’It could be you!’’

Reality says it won’t.

Gambling in films is both glamourised and vilified. James Bond will always win whichever number he chooses. Lady luck won’t just touch his cards!

But should a novice gambler really pin their hopes on making some easy money?

Here are five reasons why you are best keeping your money in your pocket.

1) What Makes A Winner?

You may be thinking if only I had enough money I could make my gambling pay. The idea being that you can bet £10,000 to win £1,000 on every 1/10f and you are guaranteed to win money. It’s like taking candy from a baby. Isn’t it? Sadly, its not that easy at all. In fact, being a successful gambler takes so much time and dedication you may be better off simply getting an average job. Because what makes a professional gambler isn’t really to do with money (you need it to bet that’s for sure) but knowledge is key. And if you think money is hard to come by, then winning knowledge is an even rarer commodity. It will take you years to know that little more than most and there still is no guarantee you will be living the Bond lifestyle.

2) Can You Even Get An Account?

Bookmakers, casinos, and umpteen establishments which encourage you to bet will tell you a different story if they think – let alone show them – you are a winner rather than a loser. They will close your account without any reason. So not only do you need to win money but look like you are a loser (it’s possible but you should know this for yourself). You simply cannot bet and win without someone taking an interest. And trust me, they won’t be wanting to help you win more money.

3) Gambling Is A Full-time Job

You won’t be working the normal 9-5. When all your mates are down the pub on a Saturday evening you will be getting ready for a day if not weekend of bets. You may think all these things can be done earlier and you simply can do as you please without any hindrance to your life or plans. If you believe that, you are living in cloud cuckoo land. Gambling will take over your life. You will feel like you are on a conveyor belt. Keep up or fall behind. Fall behind and you may as well give up. There will always be someone to take advantage of any mistake. You have to be professional at all times.

4) Can You Cope With The Stress?

Gambling is so very easy when everything is going well and the money is flooding in. It’s a joyous time where you live the life of luxury, the jet-set lifestyle, everything is possible and then it all goes wrong. It might not, but you will be wise to consider how do you cope when that losing run goes on and on and you fear it will never end? Your ample supply of money is dwindling and you start to question what you are thinking or doing. You are looking for answers to questions. And that is even more of a worry than the predicament you are already in. Because you will often swap one problem with another until you have no confidence left to bet with skill. Betting and winning is all about confidence. But how do you find that when it slips away? The stress is something few non gamblers will ever experience. It’s far from a day at the races.

5) Is The Gamble Worthwhile?

For 99.9% the dream of being a professional gambler is in truth a nightmare waiting to happen. The time and experience you need to be of a winning standard isn’t something you will acquire easily. It will take you years to get halfway there. Even then there is no guarantee. Knowledge and wisdom change over time. There will be a need to adapt to maintain that level of ability. But with every change you bring uncertainty. You will move one step forward and two back. With every season you will face pressures and stress that most people aren’t capable of succeeding. Gambling is a journey where you only see those important questions all too late. Questions you hadn’t even considered will appear before you. They all need answers. For all but a few, gambling isn’t a worthwhile pursuit. You are more likely to lose money than win unless you are the exception to the rule.

You will need to be disciplined and fanatical with a mindset as hard as steel.

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5 Reasons Why Gambling Is So Much More Than Money

5 Reasons Why Gambling Is So Much More Than MoneyWithout question, gambling gets a bad press. It’s as though every person who bets on xyz is a loser and even more concerning a victim. However, gambling is much more about the individual than the crowd. There are many who are far from mug punters but investors. Their success is based on skill. Just like the astute stockbroker there are people who have skills which go above and beyond these people who are considered financial advisers. Make no mistake, there are gamblers who are far from victims, born losers or addies frothing at the mouth.

In addition, gambling isn’t all about the money. Because from my professional gambling within horse racing understanding what makes a good and bad bet affords a knowledge that can be used within your life.

Those who fear gambling, view it with a demonic response or view those who know with disdain or question truly skilled individuals are in fact the real losers.

These 5 pointers detail why gambling is much more than money.

1) To be a professional gambler takes years of study and assessment beyond that of a Masters degree or even a PhD. You will not find people with more cutting-edge research and data which backs up their opinion. It’s not baseless. Only those who have little understanding try to limit others. It is a sign of lacking.

2) A true professional gambler doesn’t gamble for the buzz. They don’t bet for fun. Many don’t even like gambling. Full stop. What they understand is knowing when they should bet because it makes sense. A sense based on real knowledge. You look at your everyday person making a decision. Assess their reasoning. So often it is illogical, brainless. These same people would be much wiser individuals for understanding that the pursuit of being a professional gambler leads to greater intelligence.

3) The highest levels of gambler – skill based – aren’t any less than the most astute financial advisers. In fact, the methods a skilled gambler employs has been honed over years. They reinforce good practice and methods which help them win. They understand that betting is not about money it is about knowledge. If you lack knowledge you lose. If you are the font of wisdom you win.

4) Polishing the stone. After years of study the best professional gamblers are looking simply to refine what they have in place. They are original thinkers. They thrive on their understanding and build the strength to appreciate both winning and losing. To your average non gambler you may question what can be appreciated from losing. In fact, it is as important, if not more, than winning.

5) Gambling has a negative image but in truth many of the best investors in the world are tarnished with that word. However, when you consider than many businessmen and women have basically gambled on their success there really is no difference between one thing and another. Winners have the greater understanding.

If you lack understanding it’s painfully foolish to assess the merit of someone who has exceptional skills as negative.

Those people just look at the non gambler with true insight.

They simply smile and walk away.

Knowing.

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5 Reasons To Think Before You Bet At The Casino

5 Reasons To Think Before You Bet At The CasinoI’ve notice something interesting about people who gamble. Even those who in everyday life are intelligent and sapient . For some reason, when their mind turns to gambling, all sense evaporated from their being. It’s as though logic and reasoning turned left at the last exit. They drove past a man dressed in a clown outfit with a parrot on one arm and didn’t notice anything strange although he was holding a sign saying: ‘Don’t bet at the casino.’

They just carried on as if Homer Simpson.

This is a terrible news.

It’s a guarantee they will lose money and probably create a bad habit which lasts a lifetime.

A life of losing money.

If you bet for fun, the buzz, think gambling is a way to easy money then these 5 pointers will, hopefully, bring you back to consciousness.

1) Betting For Fun

I don’t like people who say they bet for fun when compared to a knowledgable gambler who has invested time, energy and money to learn a skill. Clearly, beyond card counting or cheating, there is no skill to win at the casino because they aren’t – with the exception of poker – based on talent. They are betting fixed odds. The house edge tells you the story. Long term, you are guaranteed to lose. For most people betting is about fun. But you should always be careful when gambling because it can build bad habits which can be very costly over a short or long time of betting. Bet what you can afford to lose is a fair measure but even that is working from a negative. If you lose a few grand a year then I suggest you stop and you spend your money on other pursuits. You will find more enjoyment.

2) Betting For The Buzz

Another term which you often hear bandied around. The buzz, I imagine, being a release of neurotransmitters within the grey matter such a dopamine and that feel good factor which comes with thoughts of winning easy cash. Clearly, all gamblers must be a victim of the buzz which is that feeling which excites. But what I would say is don’t let it be the only reason to gamble. This can be addictive and you simply look to feed the need. Once again, if you are losing money hand over fist, you need to stop and think about what you are doing. Very few people stop to assess their day, month or life and this is a valuable tool you need to bring things to consciousness and act appropriately. I hate to say it, but if I hear someone say they bet for the buzz I conclude their isn’t any skill involved and not much thinking either. It’s a recipe for disaster.

3) Betting Without Learning

It might not have registered with you but you have the capacity to learn lessons from your gambling. Not just about the bet at that moment but appreciation of the world at large. I doubt this happens to many gamblers because they simply haven’t even thought about their actions or reason for betting in the first place. Individuals are betting without understanding or learning. I’ve seen people betting a whole lifetime and they haven’t actually learned one thing over the years. It’s akin to some going to university for 25-years and not learning anything let alone a degree. This kind of gambling is senseless and stupid. Most of these people don’t even register their limitation. They should by the money they lose. I remember my good friend asking someone: ‘How you make your selection within horse racing?’ He said: ‘Like everyone else.’ Most people bet without thinking or learning. It’s a problem.

4) Betting Is A fools Game

This is the anti gambler mentality. They reason it’s impossible to beat the bookies. It’s impossible to beat the casino. It’s impossible to beat the system. You know why it’s impossible? Because they believe it to be the case. How is it, that people have literally made billions from each and everyone of these impossibilities! In truth, any gamble is the same. If you had a mathematical equation for a stockbroker to a punter on the horses, to business deal, it’s all very much the same thing. But somehow people imagine there is a difference. Those who do not gambler or consider what they could learn from gambling are actually cheating themselves of valuable knowledge which could positively impact on their life. If someone is anti gambling they truly lack objectivity because they are missing the bigger picture. You don’t have to gamble to appreciate and understanding what can be learned. That’s another fallacy of those who lack intelligence.

5) Betting Small Money

For many gamblers they have to push the limits to get the buzz. There is no sense or reason to that understanding. It is brainless. If that’s how you bet then stop. You have no responsibility. You shouldn’t bet. I wouldn’t suggest to anyone that gambling for fun is a good idea. I think it has the potential to build bad habits and they can be detrimental to your mind and finances. Build on the positives of life not the negatives. If you have to bet for fun then bet small money. Bet what you can afford to lose but don’t take those losses lightly. They are important for lots of reasons and in truth are trying to help you find answers to questions. Each loss is indicating you did something wrong. Each win is telling you you did something right. This is only related to skill-based gambling, fixed odds you should be learning how to cheat (because that is the only way you will win long term). It is a mistake if you bet without appreciating the action and reasoning behind the act. Don’t bet without thought. It’s mindless and detrimental.

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5 Pet Hates About Non Gamblers

5 Pet Hates About Non GamblersEach to their own. Classic last words. In the universe of gamblers and non gamblers you are talking a world apart. In fact, I think opposing sides really do hate each other with a simple lack of understanding. No one is all right or all wrong. However, I’ve had the misfortune to chat with many people who are anti gambling to a point of irrationality. But these are my 5 pet hates. Don’t shoot me down if I’m aiming at you.

1) Non Gamblers Know Everything About Gambling

It’s illogical but true. Somehow even though a non gambler couldn’t even tell you how many metres are in a furlong, what is a median time, and how much money do you have to bet on a horse price 100/7 to win £100 they ‘’know’’ more than a seasoned gambler because they fall into the trap that no one can beat the bookie so anyone who can is foolish and wrong. It’s truly a ridiculous thought akin to going to your doctor and telling him you know more because you read a page from an encyclopedia. The trouble with this kind of person is that they will never get to a level of understanding beyond the classic stereotype.

2) If You Are Good At Gambling Then Tell Me A Winner

If only it was that easy. Any gambler works on long term profits. You could have ten losers on the run and look like the biggest idiot on planet Earth. Then you follow that up by ten winners. One person would think you are a genius the other some nut who has escape from the asylum which has a pet horse. From a horse racing approach the idea of giving a horse as a tip hours in advance of the race is truly absurd. The illogical nature of the non gambler is truly astounding. It’s the reason I don’t talk to the everyday person because you’d get a better conversation from the closest wall.

3) You Will Be Left Wanting While Others Want More

Trying to impress the non gambler is a futile endeavour. They will take every winner as if it is worthless and remember every loser until the day they die. I’ve had days where I gave an each way treble – all three horses won. Someone emailed me to say their brother had bet on the selections and won £2000. Did they offer to buy me a drink? No, they wanted more free tips and couldn’t see the problem with their attitude. On the other side of the coin, you give someone a loser and they will never forget. In fact they will reason they were correct all the time that you actually know nothing. They will take delight in their assessment. I often go to the races and rarely bet. I had a friend ask what I fancied. I said nothing today. They thought I was taking the piss and was keeping the info for myself at their expense.

4) You Just Sit Around All Day And Do Nothing

It’s true that the non gambler thinks you don’t actually do any work. You just sit watching TV and somehow make money betting without work. There used to be a bookmaker at Great Yarmouth racecourse who loved to say: ‘’Money without work!’’ When I walked past I should have shouted out ‘’Wanker’’. But that’’s the mentality of the non gambler. That you will without doing any work, have no knowledge or discipline and you just got lucky. If only they realised that most professional gamblers are exceptional in all they do. In fact, they are more knowledgable about their subject matter than anyone with a PhD.

5) Even Your Own Family Don’t Understand

It’s a sad fact that even your own family cannot get their head around your occupation. It’s as though you are tarnished by the very words and thoughts. They forget that you actually work. They will not realise you have to be working at strange times of day. They will say things that make you feel as though you are wasting your time. Why don’t you go and get a proper job? When they see you winning they just want your cash. When you lose they never understand. The best any professional gambler can do is keep their thoughts and their knowledge to themselves.

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5 Lessons New Gamblers Need To Learn

5 Lessons New Gamblers Need To LearnGambling. Life’s a gamble. But as a newbie to sports betting, do you have the odds in your favour? Do you fancy your chances to beat the bookies? The only reason you would say yes is because you know the strength of the information you have compared to others. If you don’t know more than most then you are a loser waiting to happen. It’s virtually impossible for you to beat an informed layer because it’s their job to work harder and know more. That’s why winning money gambling is so difficult. Because, in truth, it has nothing to do with money. It is all to do with knowledge and experience. These 5 lessons will help new gamblers understand what they need to know to make that journey one of profit rather than loss and despair.

1) Knowledge Is Power

Without question, what sets one gambler apart from another is what they know. It’s not even about who you know because if you rely on someone else to put you ahead of the game you will always be at the mercy of that person. And let’s be honest, why are they going to do you a favour? The day they walk away you have nothing. Being a very good gambler isn’t about being the best on planet Earth. It’s not about winning a gold medal. Simply, you need to be better than most at what you do. That may not be as challenging as you think. Why? Because most punters are lazy and don’t learn from their mistakes. They never move forward relying on a basic approach which leaves them vulnerable to any layer worth their salt.

2) Knowing Your Niche

Do you want to be specific or general? How can you know everything? You can’t. And the realisation of a gambler with a brain is that you don’t need to have an all-encompassing knowledge. Less is more. Know your niche. That is one of the greatest lessons you will ever learn. If you enjoy horse racing then choose an age group, race type or even trainer. Know that information better than anyone you know. Instantly, you set yourself apart and you are an authority on your chosen subject. Don’t be the jack of all trades and master of none. When I hear a punter saying they bet on the Flat, National Hunt, Football and enjoy a bit of card counting at he casino on a weekend I have this thought. Either they have the brain of Einstein or they are an idiot. They are all but certainly the latter. It is impossible to know more than someone who follows a niche because there simply isn’t enough hours in the day. It’s impossible. Not only that, it’s needless.

3) Bet Small But Think Big

Remember your niche. Knowledge is power. Gambling is about being informed and not the money in your purse. You don’t want to start by betting big money because you are honing your skills. You want to maximise your knowledge via experience and then maximise your profits. This isn’t done by going crazy and betting money you can’t afford to lose. Before you know it, your gambling will be about the money rather than your wisdom. You have it the wrong way around. Bet small money and assess your success. Every winner is saying yes and every loser saying no. Listen to these winners and losers because they are trying to direct your understanding. Why did that horse lose? Why did that horse Win? These results are pinpointing your strength and weakness. If you learn from these polar opposites you will progress to being the best in your field. Don’t take second best. Ultimately, you set your own standards.

4) Reinforce The Positive With Professionalism

Everything you do needs to be done with reason built via wisdom. This comes from working in a standardised fashion so you are able to measure your results and replicate your working process. If you don’t follow this professional approach you will not have answers to questions. Without these you will react by emotions, often knee-jerk reactions. This is devoid of intelligence and will simply create bad habits which take time to resolve and get back on track to a more simple plan. Do not bet on anything unless it is with understanding and ultimately value. Without value you are not going to make a profit.

5) Polishing The Stone

When you have an understanding of your niche and what it takes to make money you simply refine this with small adjustments. It is akin to polishing a stone to make it shine. You don’t need to chop off giant chunks because you will destroy what you have worked so hard to achieve. Even with the best knowledge you will have times when you have losing runs. Hold your nerve and carry on regardless. Be very careful to not over adjust thinking you need to do something different. The chances are keeping to your set approach will have you finding winners rather than not. Gambling isn’t for most because it is like any other job.

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