[Simple Staking Strategy]

Re: Simple Staking Strategy Wondering how this is going for you inertiauk? Came up with a similar idea myself recently but I was going to start off with for example 4 different banks if there were four different meetings for the day or 5 banks for 5 meeting etc. thinking that at least one favourite had to win at each meeting. This is'nt the case unfortuneatly as last week saw 3 meetings on three different days with no winning favs and what would have meant wipe out for the bank. So I modified the system and its the same as yours, thinking that surely out of all the days racing at least one favourite has to win, I have not been on here before today in case your wondering, had been wrecking my head that there has to some way of making money out of horses as why would anyone bother if there was'nt. I hav'nt figured out a staking plan yet other than double up for a profit whatever it may be, maybe going for a fixed profit as the bank grew. I see a couple of problems with the system, one is poor odds, a horse yesterday came in at 1/20, although one would not have had to go as far this as there were fav winners before that its an example of really poor odds, if using bookmakers one would need a lot of different accounts to keep it going long term, possibly getting bets matched if using exchanges particularly if there is a long losing run, needing to have access to a computer right before each race, there are probably more. Still think its worth a try though.

[Profitable Betting]

Re: Profitable Betting Hello all, I'm new here and fairly new to betting really and not sure if replying to this thread is the right place to start but I have a question in relation to making money from betting, particularly horse racing. If its in the wrong place or if you feel I'm hijacking the thread I apologise. Can one make a steady enough income from betting? I'm not looking for a get rich quick kind of thing as I think this depends a lot on luck and how much you are prepared to bet/lose. I believe that for the most part betting is a mugs game, this is because if everyone made money the bookies would close down, and that there may be a small few like yourselves that make money from it. I also think that there would be little business for bookies if people saw no chance of winning so I'm convinced that it can be done to some extent. I have tried a few different ways of picking/betting on horses but have not been successful and had pretty much given up on the idea until I came up with one final way of picking horses and betting on them (not going into it at the moment other than its simple and based on favs, came up with it myself but pretty sure its nothing new) that I am willing to try that should be successful. I suppose I'm looking for a bit of encouragement to give it one last go. Any thoughts or suggestions welcomed, thanks