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Author Topic: Diary of a professional punter  (Read 140524 times)
redarmi
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« Reply #105 on: October 11, 2011, 04:00:12 PM »

Plumped for £5 e/w Foreign Rhythm @ 30 win and 6.4 place.
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redarmi
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« Reply #106 on: October 11, 2011, 04:06:14 PM »

Looks like we were drawn on the wrong side there so going to get involved in some low drawn horses in the second division at 430

£15 e/w Supreme Spirit @ 11/1
£10 e/w Red Roar @ 14/1
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redarmi
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« Reply #107 on: October 11, 2011, 04:07:31 PM »

Obviously expect both of these to go off a fair bit shorter.
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Chompy
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« Reply #108 on: October 11, 2011, 04:09:42 PM »

Finding it hard to believe your a pro gambler but good look trying

LOL, GTFO
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"I know we must all worship at the Church of Chomps, but statements like this are just plain ridic. He says he can't get a bet on, but we all know he can."
redarmi
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« Reply #109 on: October 11, 2011, 04:19:14 PM »

Actually the two bets in the 430 at Newcastle bring up some interesting points on staking.  To stake properly/effectively you need to have a good idea of what the 'correct' price is for your selection.  I hadn't bothered to price the 430 because I didn't really see an angle and I thought my selection in the 400 was well drawn because I expected the pace to be with those drawn high.  When i watched the race it became fairly clear that there was a big advantage to being drawn low and that the prices on those horses would go fairly quickly so I just checked that the two horses drawn lowest in the 430 had some kind of form and would go on soft ground and pretty much plucked a stake out of the air.  I am fairly confident I have value but I honestly have no idea how much value I have and the best test will be in what price the horses go off.
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redarmi
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« Reply #110 on: October 11, 2011, 04:35:35 PM »

Chompy - whats you take on the new whip rules.  I have always thought it was just about the most boring subject in racing but after listening to Sylvester De Souza just say that he thought the fave in the 410 would have won if he could have hit it a few more times I am wondering how much we can rely on pre whip rule form now?  Thinking of leaving it alone for a couple of weeks.....
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redarmi
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« Reply #111 on: October 11, 2011, 04:36:49 PM »

Looks like we were drawn on the wrong side there so going to get involved in some low drawn horses in the second division at 430

£15 e/w Supreme Spirit @ 11/1
£10 e/w Red Roar @ 14/1

1st and 2nd drawn 14 and 12....that went well!!!!
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redarmi
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« Reply #112 on: October 11, 2011, 04:43:18 PM »

This is filthy but £20 e/w Violets Boys @ 3/1 450 Huntingdon
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redarmi
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« Reply #113 on: October 11, 2011, 04:45:08 PM »

Actually I ended up getting returned £5 e/w @ 3/1 the rest at SP on the above.  They are very hard to get on at prices.
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redarmi
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« Reply #114 on: October 11, 2011, 05:29:26 PM »

£10 e/w Sory/ @ 10/1 530 Newcastle

I almost never bet on International football and I am definitely a very big loser on these and every international weekend makes me feel like i should go to gamblers anonymous to stop me betting and I was successful this weekend just gone but tonight I can't resist betting Armenia.  They are a very good side and need to win to go through so even though I will hate myself in the morning I have had:

£10 Armenia @ 9/2 and £15 Armenia +3/4 @ 2.06
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redarmi
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« Reply #115 on: October 11, 2011, 07:56:08 PM »

I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
I will not bet on internationals
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redarmi
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« Reply #116 on: October 11, 2011, 09:52:29 PM »

£25 Don Broadhurst to win Prizefighter @ 6/1.

These are a bit of a lottery and the draw is massively important but favourites don't have a great record and I like Broadhurst.  He was a big favourite to beat the fave Lee Haskins in their British title fight and was a very good amateur which is effectively what this format is.   Hopefully he gets Usman Ahmed in the first round but I would fancy him to beat any of these and he isn't bigger than a 5/4 shot against any of these imo and realstically he is only a dog to Haskins/Lyons and two years(and two fights) ago he would have been a 1/2 fave to beat any of these.
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TheDazzler
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« Reply #117 on: October 12, 2011, 12:50:07 AM »

I think the Armenia bet was a good one. A lot of people here in Ireland were nervous before the game and although I didn't see it as I was in work, I believe we were pretty lucky.
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Eso Kral
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« Reply #118 on: October 12, 2011, 10:21:45 AM »

Still loving the diary!!

A couple more Q's if you dont mind???

Since being a pro punter have you ever lost your B/R?  If so what did you do to get it back?

Lets assume your real B/R is £50k and you had a really bad downswing and lost it, do you have a reserve B/R to start again or are you literally ALL IN?

Do you draw a monthly wage and let your B/R grow and then apply your % according to the new starting B/R?

What has been your biggest individual win and loss as a punter?

TIA

Rich
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Andrew Charles Blacklock - Lived for those he loved and those he loved remember.
redarmi
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« Reply #119 on: October 12, 2011, 12:36:17 PM »

I have never done my bankroll in it total.  The way I stake makes it pretty difficult to be honest although I have had occasions where my staking has gone down to levels which can make expenses hard to meet.  As I mentioned earlier in the thread I do have some other income sources but it is fairly rare that they are anything approaching a living wage on a monthly basis but I suppose if neccesary i could step that up to raise a new bankroll.  My bankroll as it stands at the moment isn't anywhere near as big as it has been in the past but that is more to do with lifestyle leaks in the past few years.  Strangely, despite my bankroll fluctuating a fair bit over the years, my betting income has always been fairly constant.  That probably answers the monthly wage question.  I am not that disciplined about separating bankroll and life money and they tend to intermingle which means that my bankroll and bets only really grow when i earn over a certain amount.  Realistically that has meant it hasn't grown in size in any menaningful fashion for a few years now but on the flip side I have been able to maintain a lifestyle that involves a fair bit of travel.  One thing that I have learnt over the years is that I am the kind of person that fits their lifestyle to the amount of money they are earning....that means that when I have been winning very good money I hae also spent it.  The best post I have ever read on here was from Dubai here: http://blondepoker.com/forum/index.php?topic=50836.msg1336253#msg1336253 and whilst I have never won and done as much money as I imagine Dave has it rings a lot of bells right down to the spending a massive amount of my bankroll one night in Stringfellows and not even enjoying it that much. 

The biggest bets, wins and losses all came in a about a three or four year period from 2000-2005.  I won £42k when the Patriots beat the Panthers in the Superbowl.  At the time I placed the bet I was running bookmaking for a sportsbook in Antigua called WWTS which was one of the biggest US facing online sportsbooks at the time.  i had been hired to turn around their bookmaking and had increased the margin from low 4%'s to 5.6% that year and, coupled with an increase in turnover, we were having the best year that company ever had ($25m gross profit I think) and I was on target for a max bonus which was about a years salary so I was punting fairly big with the backup of very good salary and the certainty of a very decent bonus coming at the end of the year.  I was getting a couple fo quid betting on Betfair at the time too and after a couple of weeks of the NFL season I priced up the Superbowl futures and thought New England should have been 4/1 shots and was amazed that they were available at, I think, 14/1 so had a monkey straight away and basically just kept topping it up until my total bet was aboutn £4k at just over 10/1 average.  In December of that year I had a fairly bad run and dropped a fair bit but worse was to come when just after Xmas the CEO of the firm asked me to go to lunch with him and told me that despite making $10m more than they had the previous year they had decided I wasn't the man to take them forward and they were not renewing my contract.  I would be paid the statutory part of my bonus but not the discretionary element which was about 30% of it.  All of a sudden this ante post bet took on a new importance.  I had just met the girl that is now my wife at the time and this was all a fairly devastating blow for me at the time given that she was a Jamaican national and had basically no chance of a long term visa to the UK at the time.  I asked her if she would be willing to come to the UK and she said she was willing to give up her job (a fairly decent one) but how would we be able to do it?  Eventually we decided that the best thing all around was going to be for her to fulfil her long standing ambition to go to college and she would do it in the UK and we would get her a visa that way but the flipside to that is that a three year university course for a non UK national is expensive......in fact it costs about £40k just for fees over a three year period....where would I be able to find money like that with no job and only the prospect of my bonus to give me money to live on while I tried to find a job?Huh?  As you can imagine that ante post voucher took on an even bigger importance at that point.  At this point New England were 7/2 favourites and looked like world beaters but every game was just about the most tense experience of my life if I am honest.  Eventually they reached the Superbowl and, at the time, I had a dodgy DirecTV sat and just as I sat down to watch the game the NFL decided in their wisdom that this might be a good time to block all the illegal signals so with the game kicking off I had to head out and try and find a place to watch the game and by the time Lisa's friend had given me the keys to her place and we settled down to watch Vinateri miss a 31 yard field goal to give New England the lead.  It was possibly the tensest game i have ever watched but eventually the Pats won with by a field goal.  My wife, largely oblivious to the importance of the occasion, fell asleep at some point in the first quarter and only awoke when i was celebrating to ask if we could go home now!!!!

Anyway that was a ridiculously long answer to a fairly simple question but that was my biggest ever win and not only in financial terms.
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