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What type of punter are you?
We should start off by identifying what type of punter are you, the chances are a losing one?
The good news is their are a few things you can do about it:
1. The first is stop betting!
2. The 2nd is Learn & earn!
Before you start thinking i will never beat the bookmaker, take into consideration:
1. Bookmakers make odds for every race
2. Plenty of competition amongst bookies- Open multiple accounts benefit from odds discrepancy!
It’s generally accepted 99% of punters are losing ones. However,
We see it slightly different, our breakdown:
95% of punters are serial losers - they are known has leisure players - you often see them in betting shops
4.8% hold themselves - They are thereabouts
0.199% can churn a very decent profit, make a living! (2/1000)
0.001% are the big winners (1/100,000)
By this we mean syndicates, or people making a million or more
Why 95% people lose (leisure):
Bet for fun
Don’t understand betting/odds (like TV pundits)
Bet on everything, chasing glory!
Compulsive /addicted gamblers/chasers
No home work / research
It’s going to be hard to get them on the right path!
They clearly have a feel for the game
Maybe time restrictions (i.e. working).
Bit short on self esteem
Need to invest more financially to get tools/info
Haven’t found niche
- pro betting - Can read a game, identify odds.
- value - Mopping up the over odds (another video)
- Arbitrage - no risk
Chances are they are value betting or working the arbs!
Buy to sell, sell to buy
Certainly understand odds
Got the betting accounts in place
Have a strong work ethic
What’s stopping them breaking into the top 1/100,000
Maybe happy with what they have.
Still building financial resources
Lack network to get more bets/accounts
The Elite 0.001% have figured it out.
They have everything in place
All the tools
All the information
Tony ‘’Lizard’’ Bloom /Smartodds (Benham)
We are in it to help the 4.999%, even though top syndicates pay us for services!
What you need
Time - decide semi/full pro
Understand betting is about the odds (don’t take poor value)
It’s a long term game!
Betting bank in place - need enough money to fund multiple accounts.
Betting accounts with soft bookies/low exchange commission/agents - get others to open
Resources - betting information
Tools - dependent on what suits you!
Self belief / commitment - I can do this mentality speaking!
What you don't need
Betting shop banter
Distance yourself from the crowd
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