Friday, 10 January 2020

Gambling: When the Fun Stops, Stop!


Watching TV.  One thing you may have noticed is the amount of advertising from leading bookmakers. Casino. Slots. Two flies crawling up a wall. 

Any random sporting event on TV. (What's the odds of a bookmaker ad?) 

Love a bit of darts action. But what do we see each and every advert? More reasons to gamble on just about everything! 

The problem with gambling is that it isn't, for many, as easy as saying: 'When the fun stops, STOP!'

What a ridiculous statement. Seemingly negating any responsibility for those who can't stop gambling. Addiction is clearly a problem for many people. I have never had a gambling problem simply because I am very disciplined and don't bet for fun. I would suggest that most people shouldn't be for 'pleasure'. Firstly there is nothing fun, funny, humorous about losing money. If you want to bet for any reason than making money, then play with matchsticks or casino chips you can buy without any great cost. You can learn how to bet more successfully. When you consider it takes 10,000 hours to become an expert (it takes longer) then a novice has much to learn.

Why shouldn't you bet for fun? Because it encourages people to not take their gambling/investing seriously. Money is a serious business. Gambling is even more serious because not only do you have the opportunity to make lots of money but the majority it is an opportunity to lose what they cannot afford. 

That's why I would suggest if you bet for fun then take a moment to re-assess why you are betting in the first place. 

There are lots of very naive gamblers attracted by adverts promoting 'fun'. They suck people in who simply do not have the experience or understanding to appreciate what they are dealing with. It's akin to playing with that ouija board and daring to ask the question: What date will I die?

Perhaps that question is going beyond what people ask before, during or after gambling. They could simply ask: How much will I win (positive) or how much will I lose (perhaps, realistic if you are betting for 'fun').

People need to appreciate that gambling isn't fun. To win you need to be better your opponents. You wouldn't fancy your chances racing Usain Bolt over 100m and you shouldn't fancy yourself to beat a bookmaker, layer or informed bloke in the pub if he is willing to take your bet. Unless you are very confident you will win.

In legal terms they say buyer beware. It is a good maxim for those who wish to bet. Gambler beware.

The bookmakers filter people like a sieve. 

If you win too much they will soon close your account. They need new 'clients' and as long as you lose they will allow you to bet. That's why you are best to use betting exchanges. 

I do have concerns about the impact of children watching sport and being tainted by bookmaker advertising. 'Can I bet, Dad?'

What are your thoughts on gambling advertising? 

Saturday, 21 December 2019

Psychology can Improve your Betting Performance

Psychology can improve your betting performance
Psychology: the study of behaviour and mind. To many, this offshoot of philosophy is akin to witchcraft. Others, it is just common sense. While for the majority: ''mumbo jumbo''. 

The strange thing about psychology is that we know it works. There have been studies which show when you walk into a supermarket, we walk so many paces before stopping, turning, and look around. You've probably done it a thousand times and never thought about it. It's walking, you stopped, so what! 

That's why someone had the brainwave of making sure the isles, offers or security guard (joke) are seemingly waiting at the right place to get you to buy. 

It begs the question, how many other things work like that? It is worrying to some extent as you may find yourself buying things, saying yes to someone who five minutes ago gave you a free pen, or liking someone or something that in ways always repulsed you before. You just put it down to being Friday! 

The power of psychology. Neuromarketing. Mumbo jumbo. 

Have you ever watched a TV advert and thought 'what's that all about'. McDonald's with its catchy whistle. Tapping into all those difference senses so you when you want a burger, you find yourself in their queue ''Cheeseburger, please!''. 

You robot! 

I guess we are a little fearful of the unknown. What's happening to me? I went to the shops to buy a packet of sweets and returned with a vacuum cleaner.

What are those bookmakers are doing with all this witchcraft? 

If you open a new account, we will give you 10/1 that Chelsea beat Whatever United! I see it somewhere else 5/4. 

But what about all those subtle things. You go in the bookies and someone asks if you want a cup of tea. Milk. Sugar. (How much did that cost me?)

I studied psychology and gained a degree a number of years ago. Social psychology is intriguing because it finds ways of tapping into the human condition to get you buying. Why is one salesman so much better than the rest of the team? If you studied this person you would identify how and why.

But how does this all related to an individual like you or me making psychology work for us to be a better gambler or win more money?

The key to finding winners is , in many ways, watching, taking note, and understanding winners. For instance, one aspect which often reveals bigger odds (value) is the contrast theory. Basically, if one horse beats another, many punters, bookmakers, layers will fancy the same result if they oppose each other at a later date. I know there may be changing variables such as weight, going, distance etc. However, it has been proven that people often assess the likelihood of the previous winner as having a greater chance of victory than it does. Meaning that the favourite is often under priced whereas the beaten horse is actually value at bigger odds.

Just stop for a moment, and consider how many other aspect of psychology could be at play when you bet. 

Related postCan I Make Money Writing About My Niche Sport?

Friday, 22 November 2019

DAVE ''DEVILFISH'' ULLIOTT: The Life And Times of a Poker Legend

DAVE ''DEVILFISH'' ULLIOTT: The Life And Times of a Poker Legend
I must be one of the few people who don't know how to play poker. It's more to do with not really wanting to play the game. I've won and lost at three-card brag. 

However, that doesn't mean I'm not interested in learning from professional gamblers. I'm not sure where I first heard about Dave Ulliott. It was either on the internet or one of those poker games on TV back in the day. I'm pretty sure it was the latter, although the name ''Devil Fish'' didn't mean too much to me. 

I remember seeing a racehorse with the same name but I didn't put two and two together until about ten years after the date! I'm sure Dave would have come out with a wisecrack about my lack of appreciation of this fine game and his celebrity status as one of the best poker players in the UK (if not the world).

Anyway, I happened to see a video on YouTube about the Devil Fish. I get a feeling it was in his early days of player poker for a living. I will see if I can find a link to the episode as it was a good watch.   

Just found it: Dave Ulliott (DevilFish) Documentary

I enjoyed this gritty video which led me to purchase his autobiography. 

I've stormed through the first 100 pages like the Devil Fish would shuffle a pack of cards. I tell you this if you want to read a book with humour, blood, sweat and tears, then you need to give this a few hours of your time as you won't be disappointed. 

I've not even got to the part where he's playing poker against the best in the world and it's one of the best books I've ever read. 

Anyway, I'm looking forward to reading the rest and update this post with my conclusion (which is pretty much going to say it's one great title). 

God bless, Dave, who sadly passed away long before his time. 

Sunday, 27 October 2019

Can I Make Money Writing About My Niche Sport?


If you enjoy your sport, this may be of interest. 

I have been running a number of sport/gambling websites and blogs for a number of years and making good money from a small amount of work. So, if you have a passion for your sport then there may be an opportunity to make a second income or even a full-time living. 

For a taster, you can write for Patient Speculation and in return, I will help you get closer to the goal of being a professional blogger. 

So what do you need to know or do to get on the ladder?

You need to enjoy your sport and have a high-level or unusual twist on what maybe football, horse racing, casinos or any sport for that matter. 

To get your new blog established takes time. That's why you need to have a passion for the subject matter rather than simply writing for cold, hard cash. That may well be the final destination but it can be a long road to get your blog established to a point where it can make money. 

If you want to know more about making money online, then feel free to email me here jason@professionalgamblers.co.uk 

Always here to help.

Tuesday, 15 October 2019

Mark Johnston wind ops 'tragedy for racing industry'

horse racing
Mark Johnston has slated the BHA's decision to make known horses that have had a wind operation since their last run. 

The qualified vet/trainer described it as a tragedy. 

He said: "I think it's a tragedy for the industry and the breed that the BHA has brought in this rule," he said. "I think it's based on bad science and we've got a further unlevelling of the international field, where we're going to be giving misinformation to punters and I fear there is a welfare issue.
"As is the case over jumps, or what we believe is the case, there are large numbers of horses having surgery unnecessarily because of this belief it will improve their performance. I fear this will push over to the Flat and we've seen there are a lot of misguided people out there who seem to believe these procedures make a horse run faster.
"So long as they believe that and so long as the breeders are concerned about it being known their horses have had wind surgery, we're now going to see the situation on the Flat with horses having surgery before they run, completely unnecessarily."
"In general I can say they're not successful. Whether they work at all, the jury is still out and has been a long time. The procedures have changed dramatically since I qualified as a vet and during the time I've been training; new procedures coming in and out of fashion and that's simply because there's no consensus whether they work.
"I asked my senior vet if they work, and he said, 'No'. I asked my wife Deirdre if they work, and she said, 'Sometimes'. So we went through the horses who had had them and we found five who had significantly improved. That's a ten percent success rate, but how many of mine improved who didn't have wind surgery? Probably ten percent, so it's bad science to look at these figures."
Johnston, speaking as a guest on Luck On Sunday, also thought the idea more information being available would help the sport was wrong.
He said: "It's only going to be documented that British-trained horses have had surgery since their last run. It's not going to be documented how many had surgery before they ever ran or those coming in from abroad, so we're just muddying the waters even more."
More stories: 

Monday, 23 September 2019

Gambler Wins At Grosvenor Casino Great Yarmouth

Great Yarmouth Grosvenor Casino We're back from our annual pilgrimage to Great Yarmouth. 

It's in memory of my late father, Colin and many relatives sadly passed including uncle Fred, Keith, Roy and their friends who loved a bet. 

Avid readers will probably know we go to Yarmouth for fun, gambling and good food. The gambling part takes centre stage although I don't bet big money at the races on holiday compared with working from home. I find it difficult to be as professional as in my daily routines. The caravan I shared with a group of five isn't the most ideal place to contemplate wise bets although I did settle in with the holiday distractions better than I thought. 

I went to a couple of the race meetings and found a few winners which made it worthwhile. 

I missed meeting up with Jerry Banks which is a real shame. Jerry runs the great website called Jerry's Best Bets. He found the winner in the Listed race at Yarmouth, Beautiful Morning, who pretty much sauntered home in style. 

The casino wasn't such a pleasurable experience. I do enjoy the Grosvenor Casino because it is an old listed building with real character and charm. It is a great place to go for a cheap meal. They want to get you through the door and lose your money. I have done well at the casino over the last few years and, believe it or not, won money. This time the roulette wheel was spinning without luck and over three nights took a wedge out of my wallet. Not good. It can be depressing betting, watching that bloody ball stop in a number you haven't picked. 

It seems so easy after it has stopped! 

I'm still winning long term but not a great deal. The casino tempts punters from the races by giving a free drink and free bet to all who take their race badge. Basically, it is like them giving you £10 for free. Considering most people lose it is probably the best £10 they have ever spend on marketing. 

It is interesting watching others gamble. 

You get a real mix of people. Some betting 50p chips, £1 chips...while a few are either there to impress or just don't know when to stop. 

I guess everyone has their limit. 

I've been to the Grosvenor a lot and you see a few familiar faces. I'm pretty sure the majority of their customers are regular bettors. I say that because even mid-week they look a familiar crowd. 

A couple of them pretty big gamblers.

Each to their own. I have chatted to one or two in passing but not to appreciate their background or where they made their money. However, they are clearly not short of cash by the manner they bet. 

One of the regulars is Graham. He dresses in a comfortable fashion which belies how much he bets. He isn't there to impress in the fashion stakes but boy does he get the money out as that roulette wheel spins for its life scorching the veneer while fate decides your fortune. 

Graham didn't have the normal pink chips worth £100. In fact, at first, I couldn't see where he was getting his chips from. The croupier kept pushing £500 of £5 chips in his direction and then five £100 chips. So he was cashing up £1000 a time. I noticed he had a number of light-blue chips worth a grand a piece. 

To be fair, he was having about as much luck as me for the most part. He wistfully placed £500 in £5 chips across the table and lost the lot in about six consecutive spins. He carried on betting regardless if not with extra verve as he started putting the five £100 chips on too hoping lady luck would come smiling after a number of dastardly verdicts. 

Thankfully, Graham hit a single number with one of his £100 chips winning £3500. I heard him mention he was down £6000 before that win. I had seen him on the other table a bit earlier. 

Where do these people get all their money from? I will have to get chatting to him some time although he isn't really my kind of person or at least that is how I feel.  

The fine dining part comes from visiting Pamela's restaurant just around the corner from the casino. A jewel in the crown of Yarmouth. Well worth a visit with exceptional service and gourmet delights. I had one of those cocktails made with dry ice which looks rather spectacular if not difficult to drink as I kept breathing in those fumes. A great few days down Yarmouth. 

Thinking of those loving people past & present.