I spoke last week about being aware of our “on-line betting accounts” and how we need to treat them as real money. Taking some money out so that that money will seem tangible. If you didn’t it’s worth a read and can be found here. That’s all very well I hear you cry but how do you make money in the first place!?!
I was a joiner by trade before becoming a professional gambler and was always good with numbers. I wasn’t a maths genius but I knew how to read an architects drawing and calculate that into real life size buildings. There was something very systematic in how new houses go up and I loved the bigger picture of taking a concept and transferring that into a real liveable building. It’s exactly the same as when betting. We need an “architect” or certainly a design that we need to follow and then we need the skills to implement that design into our betting habits. For example when building a new roof, if I didn’t have the correct wood I wouldn’t build it. I wouldn’t just grab any old wood and try to build the roof as chances where it would fall down. That’s the same in betting. If my design stipulates that a certain horse needs to fit a certain profile to win a race but on a certain afternoon that horse isn’t there then it becomes a no bet. Simple?
This is where we need to use our discipline because more often than not we want a bet anyway but would you build a roof with the wrong wood? I know I appear to be waffling somewhat here but my point is that to make money betting we need to stick to the original plan as I did when building a house! You can’t afford to deviate from the plan as this will eventually end in the ruin (quite literally in the building game!!) of your bank.
So back to the first paragraph. “How do you make money in the first place?” I’ve given you the first step last week and that was to treat your on-line account as REAL money and this week it’s all been about the discipline. Never deviate from the plan even when the plan doesn’t seem to be working but you know the source of your information will profit in the long run and maintain that discipline and you’ll see the rewards eventually. Remember Rome wasn’t built in a day……..neither was anyone’s betting profits!!!
I’ll be back next week with a continuation of betting banks and keeping them real, discipline and how if you keep following these articles you too could be quitting the day job and become a professional gambler! In the mean time you can follow my daily musings over at Confessions Of A Professional Gambler where I give out two of my bets each day and reasons why, which aren’t always as straight forward as your normal pundit but that’s how I find the value. Value At The Races has experienced a tough month and although we don’t top the charts for October we are still top of the board overall and the long game is a speciality of mine and we will continue to make mega profits throughout the jumps season 😉
Happy Punting and good luck,