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thinking of becoming a professional gambler

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Comments

  • #102
    beeintheknow
    Registered Users Posts: 220 ✭✭beeintheknow


    AstonMartin wrote: »
    This has to be the worst advice thread i have ever come across. Basically everything said is wrong. Its no wonder there is a bookies on every street.

    Well where is your advice sensei?


  • #103
    AstonMartin
    Registered Users, Registered Users 2 Posts: 1,313 ✭✭✭AstonMartin


    Spend a lot of time learning how to price up a market and pair it with a good bankroll management strategy. Never tilt. Dont bet on what you dont know.

    or open a bookies and get the odds feed from one of the major bookmakers for a fee.

    its not a mystery how to make money it just takes a lot of work.


  • #104
    [Deleted User]
    Posts: 23,339 ✭✭✭✭ [Deleted User]


    CIARAN_BOYLE wrote: »
    most betfair users aren't pro gamblers. If you don't bet a lot of money you won't make a lot of money. A lot of casual punters bet on betfair.

    Most punters aren't pro gamblers, why should Betfair be any different. As said though the vast vast majority of pro punters have a Betfair account. The betting offices are still full of folks who don't know what Betfair is.

    Most punters are casual punters.

    How any pro punters are posting in this thread?


  • #105
    CIARAN_BOYLE
    Registered Users, Registered Users 2 Posts: 14,599 ✭✭✭✭CIARAN_BOYLE


    RoverJames wrote: »
    Most punters aren't pro gamblers, why should Betfair be any different. As said though the vast vast majority of pro punters have a Betfair account. The betting offices are still full of folks who don't know what Betfair is.
    People are saying how hard is to make money on betfair only 1.5% of people make a profit of over 15K a year on betfair. My point was that probably only pro punters will make 15K a year because they bet the stakes necessary. Most punters on betfair are casual punters.

    No wonder the % is so low


  • #106
    AstonMartin
    Registered Users, Registered Users 2 Posts: 1,313 ✭✭✭AstonMartin


    What is a "pro" punter and where did this figure of 15k come from?


  • #107
    beeintheknow
    Registered Users Posts: 220 ✭✭beeintheknow


    AstonMartin wrote: »
    What is a "pro" punter and where did this figure of 15k come from?

    lol if you have to ask it's obvious you aint no pro


  • #108
    AstonMartin
    Registered Users, Registered Users 2 Posts: 1,313 ✭✭✭AstonMartin


    People on the dole generally make 15k a year but they hardly live the good life.

    Is that the benchmark?


  • #109
    d-gal
    Registered Users, Registered Users 2 Posts: 1,787 ✭✭✭d-gal


    Just resurrecting this thread after reading it again.
    Simple enough question for people. Your given a 50k bankroll, you have 5k also for living expenses for 2/3 months saved. Gambling is your only income. What would you bet it on?
    Personally I think it would be massive pressure and if I was asked this 6months ago I would have backed 4horses I was given in advance as main bets and less than 10 other horses throughout.
    How much I would have put on each would be another thing


  • #110
    L'prof
    Registered Users, Registered Users 2 Posts: 12,042 ✭✭✭✭L'prof


    d-gal wrote: »
    Just resurrecting this thread after reading it again.
    Simple enough question for people. Your given a 50k bankroll, you have 5k also for living expenses for 2/3 months saved. Gambling is your only income. What would you bet it on?
    Personally I think it would be massive pressure and if I was asked this 6months ago I would have backed 4horses I was given in advance as main bets and less than 10 other horses throughout.
    How much I would have put on each would be another thing

    Personally, I couldn't rely on gambling as my only source of income. I'd find it far too stressful!


  • #111
    ft9
    Registered Users, Registered Users 2 Posts: 4,408 ✭✭✭ft9


    I would put it all on Hurricane Fly to win the CH.


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  • #112
    Amigomenor
    Registered Users Posts: 293 ✭✭Amigomenor


    ft9 wrote: »
    I would put it all on Hurricane Fly to win the CH.

    And then you would be broke!


  • #113
    ft9
    Registered Users, Registered Users 2 Posts: 4,408 ✭✭✭ft9


    Amigomenor wrote: »
    And then you would be broke!

    You consider having €91666.67 being broke?


  • #114
    timesnap
    Closed Accounts Posts: 423 ✭✭timesnap


    If the OP was thinking of becoming a professional gambler S/he should stick to the day job!

    a professional never shows their hand!;)


  • #115
    d-gal
    Registered Users, Registered Users 2 Posts: 1,787 ✭✭✭d-gal


    ft9 wrote: »
    I would put it all on Hurricane Fly to win the CH.

    Nothing is a certainty so you should never put 100% of your bankroll on 1 thing.
    timesnap wrote: »
    If the OP was thinking of becoming a professional gambler S/he should stick to the day job!

    a professional never shows their hand!;)

    Unless they have made it already and like to boast :D
    L'prof wrote: »
    Personally, I couldn't rely on gambling as my only source of income. I'd find it far too stressful!

    Same for a lot of people, I would love to try it for 6 months, April to September preferably, someone give me 50k and il give it a try I swear! ;)


  • #116
    timesnap
    Closed Accounts Posts: 423 ✭✭timesnap


    d-gal wrote: »
    Nothing is a certainty so you should never put 100% of your bankroll on 1 thing.
    Other than your own death will happen some day.
    do not do that as horrible relatives will collect your winnings.:eek:
    Unless they have made it already and like to boast :D
    Did you not read the co-founder of the sites thread?
    'you have questions .i will answer 'thread a while back?
    He be Devore,says he earns between 4000 to 5000 per month from boards but that would not keep him,i think it was code by him that it would not buy him into a poker table in his circle of friends.:pac:
    Same for a lot of people, I would love to try it for 6 months, April to September preferably, someone give me 50k and il give it a try I swear! ;)

    Seasonally affected gambling?:D


  • #117
    heavyballs
    Closed Accounts Posts: 2,683 ✭✭✭heavyballs


    fwiw my best mate turned pro about 6 years ago,he's still going strong but instead of relying on bets alone he has 10-15 big gamblers who have accounts with him as they can't get big bets on with the firms


  • #118
    Amigomenor
    Registered Users Posts: 293 ✭✭Amigomenor


    ft9 wrote: »
    You consider having €91666.67 being broke?

    Would prefer not to answer that and its a bit crass if you ask me.

    Doubtless Hurricane Fly is fav for a reason however having your whole bank on anything is madness. All you need is 1 loser and you are wiped out. Look at the large percentage of supposed dead certs who are turned over.


  • #119
    Amigomenor
    Registered Users Posts: 293 ✭✭Amigomenor


    heavyballs wrote: »
    fwiw my best mate turned pro about 6 years ago,he's still going strong but instead of relying on bets alone he has 10-15 big gamblers who have accounts with him as they can't get big bets on with the firms

    This is what most do, however you are relying on them to be losing clients and you also have to give them a cut so there are expenses.
    I believe its getting harder to make money in this area and I for one would not like to rely on it as the main source of income.


  • #120
    DeVore
    Business & Finance Moderators, Entertainment Moderators Posts: 32,387 Mod ✭✭✭✭DeVore


    timesnap wrote: »
    Other than your own death will happen some day.
    do not do that as horrible relatives will collect your winnings.:eek:


    Did you not read the co-founder of the sites thread?
    'you have questions .i will answer 'thread a while back?
    He be Devore,says he earns between 4000 to 5000 per month from boards but that would not keep him,i think it was code by him that it would not buy him into a poker table in his circle of friends.:pac:



    Seasonally affected gambling?:D
    hurk?!? I said nothing of the sort. I said I invoice boards for 2,250 +Vat a month. I get paid nothing else by them by any other means (in kind or otherwise!).

    Dunno where you got 4-5k from... God that would be nice lol!


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  • #121
    DeVore
    Business & Finance Moderators, Entertainment Moderators Posts: 32,387 Mod ✭✭✭✭DeVore


    DeVore wrote: »
    hurk?!? I said nothing of the sort. I said I invoice boards for 2,250 +Vat a month. I get paid nothing else by them by any other means (in kind or otherwise!).

    Dunno where you got 4-5k from... God that would be nice lol!
    You might have meant "from POKER"... thats true, on a good month maybe. On a bad month you are eating beans for the whole time. Its not a lifestyle I suggest unless you are really talented. I know a few guys making serious scratch but its getting harder and harder as the fish get more educated and the skill-tide rises.

    Some of my mates would play nose-bleed stakes when a good raise from them is half my bankroll but its all the same game, the only difference is the colour of the chips.

    Making a living from poker is all about grinding out hours at a table, usually your desk at home playing online, with an expected hourly rate and a lot of coffee to catch the drunk americans when their pubs close.


  • #122
    timesnap
    Closed Accounts Posts: 423 ✭✭timesnap


    DeVore wrote: »
    You might have meant "from POKER"
    No you got me for some reason i remembered it as 4000-5000 from boards.my bad :o don't miss much do ya?:D
    and a lot of coffee to catch the drunk americans when their pubs close
    .
    :D


  • #123
    DeVore
    Business & Finance Moderators, Entertainment Moderators Posts: 32,387 Mod ✭✭✭✭DeVore


    thats why my avatar is the shopkeeper from Mr Benn... he was always introduced with the phrase "As is by magic, the shopkeeper appeared"... Someone once said I turned up "as if by magic" so I took him as my avatar :)

    http://video.google.com/videoplay?docid=9038402736356685309


  • #124
    MrJoeSoap
    Registered Users, Registered Users 2 Posts: 15,117 ✭✭✭✭MrJoeSoap


    DeVore wrote: »
    Dunno where you got 4-5k from... God that would be nice lol!

    Who are you trying to kid? :D

    Hidden_money_under_floorboards_IS098Q1S6.jpg


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