When i worked for Ladbrokes many years ago, I was managing a shop on a local authority or council est with a reputation for extreme night-time physical violence in one of the rougher neighbourhoods in south-west London. The customers can use were mix of colorful characters, high rollers of questionable background, and at least one was a professional hitman. The local pub was a no-go zone where the local police were known to smoke dope. The prior manager of the shop laughed and said to keep a lot of money of take advantage my shoes when i went to the bank in the morning, “for compensation”. It was your present rough-house.
There was a regular customer there who was an actual nice guy who appeared to have everything, certainly in comparison to most people in that area — he previously a beautiful wife and lovely kid, he was healthy and fit, played a good standard of football (his true passion) and had their own business managing a garage.
But he previously no idea how to gamble, and he was bitten by the bug so bad that a devil would take him over. He could not separate the act of playing with the money when he was winning and when he was losing he would refute the existence of money so that he could encourage سرمایه گذاری مدیریت ثروت LFC himself that she was not losing — he would terrible in a handcart.
One day his devil demonstrated itself in such an extreme form that we had to take drastic action: It was a Sunday morning and he was playing on the Hackney and Crayford morning Bags (greyhounds) meetings. And doing quite nicely. In fact he pretty much cleared out my morning drift and then some. Eventually, about 12. 30pm, he previously hit the bottom of my till and I couldn’t pay him anymore.
Knowing that he played football on Sunday afternoon I told her i would keep hold of his slip for safe keeping and pay him out at the end of the day. That way — this being before night and Saturday racing — he would have at least a day of peace with cash not burning a hole in his pocket.
Off he went, perfectly happy to have hit the bookies, but it was not a long time before the devil was back and begging for succour. That afternoon he phoned three friends and begged them to persuade me to cash his money so they really could proxy bet for him. He even phoned me up himself at half-time from the touchline during his regular Sunday game and begged me to put a bet on for him. I said no.
But, sure enough, he was back in the shop an hour later — still in his football kit — and he spent an hour giving me back as much of his money as he could. I eventually kicked him out of the shop and told him another on Mon.
I wish there was a happy end to the story, but there is just not. I wish I could tell you that she saw the error of his ways, or he won so big one day that she could stop working from playing and live a happy and victorious life. I wish.
But no. He left my shop that afternoon, went home, put a suit on and went up Western side to the casinos in Western side Kensington and lost the lot — a redistribution of wealth from bookie to another.
His wife and little kid went without money the past time and left, his garage went to pot in a heap of playing debts. The last time I saw him he was trying to blag money of my customers. Last I heard he was living rough..
Throughout his fall — and it happened rapidly in the months after that topsy turvy Sunday — one all-encompassing factor was gazing me in the face: this poor man is not playing he is just unhappy and is using bets to fill a void.
Let me just say now: if you see any symptoms of addiction in your attitude to playing — lying, self-deceit, cutting your finances of essentials to feed your playing habit, obtaining, mood golf swings — then bets is not for you.
You need to log on to the Gamble Aware website and follow their advice that will get help. If you become passionate, playing is the most serious of addictions, it is not to be taken lightly.. get help.
His behaviour was not how people should be replying in this highly-business orientated environment. He was being overly emotional about the process of investing his money in something for possible reward. Would you, I thought, go into a bank and open a savings account because you like the colour of their sign, or invest in a company because you fancy you’re able to send head of recruiting. Most likely not.
His death led me to think that not everyone has the wherewithal to deal with what can be a highly intoxicating and enslaving hobby. Very few people emerge from it with an increase of money in their pockets, that’s for sure. While some don’t mind this: another customer in a different shop used to hate collecting earnings, for him it was a way to keep his brain occupied, not a method to money, others need to win.
If you need to win, you will need a good meaning code to follow, a somebody to refer to when things are not going your way.
Follow my six rules of bets and you won’t end up letting playing run and then ruin your life.
1. Every bet is a losing bet (formerly known as: don’t bet what you can’t afford)
My oh my, don’t bet what you can’t afford. What ful wonderful nonsense. The first person to ever ful this platitudinous rubbish should be taken out back of the bookies and summarily shot.
What does it mean? Don’t bet what you can’t afford to lose. Surely you can’t afford to lose anything? And if your one bets strategy is to bet what you can afford to lose, then you have thrown the one solution into the transaction that is guaranteed to leave you profitless: placing feeling inside the bet.
By building a complete picture for a bet that involves your own finances it becomes personal, and when a bet becomes personal all types of complications enter the picture. What that half-baked simpleton should have said was: Expect you’ll lose every bet, that way you are indifferent from the money and you can concentrate properly on the matter on hand.
How many times have you heard stories of accountants who can’t control their own finances or doctors who don’t look after their health. More than once, I bet. When it is your job, it is a business transaction: no feeling, no mistakes. When it is finances, health, etc, feeling is in the game, and the decision-making process becomes a lot more complicated. Take feeling from your playing (never bet on your favourite team, for example, it confuses your judgment. Why do you think bookies were very swift to put bets booths in football stadiums, they are huge cash cows) and you are continuing your journey.
2. No such thing as a perfect system
There are hundreds of them on the internet, and the world and his wife will tell you that they never lose because they have a system, but the perfect system just does not exist.
The bookies have something called the 110 percent market, in which regardless of the result they pick up a profit of ten percent. Of course, ten percent is their minimum goal and in my six years as a bets shop manager and manager at Ladbrokes I never worked in a shop, or group of shops that didn’t make at least you’re able to send minimum profit border of 20 percent gross. It’s usually closer to 30 percent.
While some people may think they may have a system that can beat the bookies, they don’t: the bookies are very sensitive to changes in their market percentage and will change prices accordingly. They constantly monitor each others prices to be aware of people looking to bet across a market. Some systems claim that by searching hundreds of bookies they can find just a 78 percent market, where a punter, by putting a portion on each possible result at different bookies, can make an eight percent minimum profit.
In the unlikely event that this occurs, you need to be pretty quick before the anomaly is closed, and spend large amounts of money to make it profitworthy. Plus, the risk is that the hook ends while you are placing table bets across the firms — and you get sitting on a losing bet.