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Newbie's 5th month

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zitlor

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I concentrated on the hounds in October to try and achieve the consistency that would allow me to finally increase my stakes. Unfortunately I finished the month on the same tiny stakes I began with as when I did increase, and had a losing run, the increased level of losses would see me hesitate to open a position so I would invariably go back to the near minimum stake I was used to. 

I did however improve my consistency and this saw me double my profit over last month so I was pleased that I took another step forward.

 

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Newbie to Newbie Tips

If you want to try out Geekstoy / Betangel for free longer than the 2 week trial period simply download the Betdaq version which is completely free.

Unfortunately the Betdaq version doesn't come with practice mode but Betdaq officially allows minimum bets of 0.50, four times less than Betfair. 

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    • well done zitlor..slow and steady is the only way it seems..good luck for future
    • Thank you for the response to my blog. Yes, of course you are right in terms of the ideas and pointers provided by Thomas while the main ability is the skill of recognition (pattern recognition) to see where and then when to be operating in a market. The immediate usefulness for me is the realisation of the necessity to be in and out quickly, (bet/scratch/bet/scratch again and again). I find myself having a series of small losses but these will be offset against a far more substantial win. This will do for me while I improve my "sense" of timing. Mind you, at 70 years young and while being very fit for that age, my reactions are not what I would desire. That can be practised! Good luck, my friend!
    • I've been at this for a few months now and have come to the conclusion what Tomas provides here for free is fantastic in that it  gives you ideas and points you in the right direction but in order to realise the subtle differences between when to apply these strategies and when not to it takes countless hours of screen time. There's simply no short cut.  I think most will give up well before they get there but those who do make it to earning a professional level income, say at least the annual minimum UK wage, are perhaps 1 in 500 to 1 in a 1000 on Betfair. Closer to 1 in a 1000 I'd imagine. I've no idea if I have the inherent pattern recognition ability to succeed but I've given myself 2 years and I'm going to give it my best shot.  Good luck and if you feel like posting a regular blog of your progress I'll read it.
    • Thanks @Tomas I started with realistic expectations so I'm very pleased with the slow but steady progress I've made. I've no doubt I'll need the full 2 years I gave myself from the start if I'm ever to progress onto making real money in the big boys playground of UK horse racing. Time will tell but I've really enjoyed it thus far so I'm happy to patiently wait and see what happens. 
    • So you have cracked it, congratulations! I think that more people would be interested on how you are doing in the future. Any future updates are still welcome  
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