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So You Want To Be A Pro-Gambler

So you dream of becoming a professional gambler? So do you just want to make a bit of bonus beer money; pay for a decent holiday, have extra cash in the bank, or go the full way and become a full-time professional gambler, or do you only want to be a semi-pro, that is making money, but still retaining a job?

Although my gambling life revolves around horse racing, these tips work for any form of pro-gambling.

+ Long term horse racing profits+

Your initial year might only see you betting banks in the developing stages. After which they ought to really take-off. Take a peak at the members system research on my forum to see the difference between the first year, and those following. In some cases you may perhaps only start with a 1 stake, and produce 100 that year, but if you’re doing 10 systems, that’s a prospective 1,000, and is likely 1,000 more than you’ve ever finished a year in profit previously.

You will furthermore have to endure losses, at times wiping out your betting bank. This doesn’t mean the system has failed, although a few do (usually though you’ll find a system that fails to profit in a year gets back to winning ways the next year), but that your betting bank was too low, or stake too high. Re-adjust them, and start again, but do reserach first into what your max stake might be, potential losing runs, and adjust everything to manage the risk. I generally use a 3 strikes and the system is dumped rule. If it fails that many times, it is a dud.

Laying does have a tendency to throw up faster profits due to the higher quantity of daily qualifiers, but can suffer days that make you want to cry, but they do have the possibility to increase your betting bank by up to 100% a month. It is not unknown for laying banks to drop 80% though! In order to cover all angles, its best to run win and lay betting banks.

Whatever way you decide, here a five tips:

The vast majority of the population gamble in the hope they win a massive wad of money, and although this occasionally happens, I can wage that you don t really know that many punters who have won sufficient to retire on (excluding the lottery). In fact you probably know very few, if any, who in reality break even, fewer still of those that profit. According to Betfair records, only 0.7% makes more than £15,000 a year.
In order to do this you have to be prepared to disregard most of what you know concerning betting, and begin the learning process all over again. If you are one of those gamblers that kid yourself that you are winning, or at least breaking even, you certainly need to disregard everything.
Notice I said the word business there? This is very important, as professional gambling must be run like a business or you will potentially fail. You need betting banks, logs of every bet and stake, betting exchange accounts, bookies, etc. You need to be able to track every penny/cent that passes through a bookie or an exchange, and be kept in such away an accountant would thank you for it.
Let me tell, I am aware of a lot of professional gamblers and not any of them get near to such a fantasy, in reality we are fortunate to manage a holiday at all as UK horse racing happens over 360 days a year, with much more night racing to come, including new floodlit racecourses, that means additional hours work. Of course we do not have to do it, but it is a passion you rarely get with any other job. How many times do you leap out of bed dying to begin work? I do that each day.
So if you’re prepared to put in the hours, you may possibly make gambling pay, but it is a long road, and you will make plenty of errors, and in this business, errors can prove extremely costly.

Very few people mange to become professional gamblers, it is only those who put the work in that will make decent money out of it. If you are looking for further information please visit my horse racing forum.