The big KO for the EPL and La Liga are just days away now and excitement is building across the country and Europe for people ready to dive in and have a bet and think that this season could be the one that changes their life.
As I said in my last post for most that will not be the case.
I am often asked what is the difference between certain people winning and others always losing. Of course there are many different aspects to it. I put more work in than most – hence I win. I have a good mindset to what I do – hence I win. I keep good records – hence I win.
Above all though as a basic, I am not greedy. The overwhelming theme that runs through emails I receive, people I have met and talk to is that they are greedy and want it all far too quickly. That is why a system seller lures you in. That is the emotion they tug at most in the fancy videos and sales pitches they make. They are aiming at your greed!!
Do people honestly believe that because a guy tells you in a video that you will win a zillion points it is true? Unfortunately yes!
This is the downfall of many. A lot of people are desperate to change their lives. They want to quit jobs, have more money at their disposal etc etc. But they want to do it on the quick and easy.
By falling into this trap the biggest failing in my opinion is that people don’t do research themselves and because they believe all the hype they dive in and stake far too excessively for the money they have available. It is a huge downfall mentally. Often the wonder system is not what it purports to be, everything has losing streaks and once that losing streak his your badly managed bankroll, fear kicks in, you stop gambling that method and it may well be that the method has a turn round and starts winning but you are out because you were TOO GREEDY early on and your greed costs you a chance to perhaps make something from it.
Some like paper trading, others don’t. I see both arguments. If no money is available people don’t believe that the mindset is the same, that may well be true. Would that mindset really change if you had 10p stakes on it though? Just so you can say I tried it with money.
I have no problem paper trading and building data but that may just be my mindset compared to others. Working out what goes on in a gamblers head is something that I am yet to fathom and I am not sure it is ever achievable.
Looking at greed purely in terms of staking it is a monumental downfall in many I have dealt with. It has many aspects but for me it mostly stems from wanting too much too quick and not setting your bankroll correctly. I am happy to follow something for as long as it takes (I will cover reliable bet data in another post). When following I want to see the biggest drawdown side and the profit potential. If I know a service has the potential to lose 50 points (horse racing methods can be particularly volatile for example) but wins well over time I want to set myself up to be able to bet that and ride the swings.
I see all sorts of nonsense posted. If a service/method that I have followed/used wins and I know it wins and the provider says 100 points is enough, I won’t take his word for it, I will work it out for myself. If I decide 100 points is enough and I then encounter a 20 point loss straight off the bat would I give up? Of course I would not. Lots of you reading this though would. The panic and fear of losing 20% would be all you focused on and you would be out and move onto the next best thing that was shoved your way via an email and sickly sweet video.
I see it as I have 80% left, I am potentially 30% above the longest losing run it has ever shown so there is nothing to worry about.
I think like this because I am not greedy. I set my bankroll accordingly and stake within my limits. If something genuinely wins 900 points (which I strongly doubt in most cases from the emails I get) and that is a repeatable pattern then what is the rush. I can start to tiny stakes and build my bank and grow my stakes accordingly.
Most read it and have changed their lives before placing a bet. 900 points, a common thought process is below
“if I bet that at £50 a point, that is £45,000 a year, I only earn £30 k a year at work. This is life changing I am steaming in”
The brain tells you it is life changing the reality is you will stake money you cannot afford, hit a blank spot, panic and run for the hills but now you are a few quid worse off than you were before.
The season is shortly starting and it is a great time to assess your bankroll and how you will use it and set it up so greed is not a factor and fear and panic are thus eliminated. Small stakes are fine, get something working and grow things slowly. I know what I do works. I never panic, you would not know on any day if I won or lost and I don’t listen to others who doubt it, bitch about it or are jealous of people winning because they cannot.
Look at yourself and yourself only. Have you been greedy in the past? Can you change? Do you stake too much? Do you panic when it goes wrong? Do you do research and keep records?
Many of you will answer no.
It is prime system selling time and all you have to ask yourself when you watch your next sales video is simple. What is in it for the guy the other end?
I tell people repeatedly, these guys don’t bet. Ask them, tell them to show you their bets. They can’t and won’t. They want sales money and to play on your greed. I bet first and foremost and the website is an extension from that and people can choose to join it or not. We don’t do video and email campaigns for weeks on end to rob you.
In amongst the razzmatazz of the big KO this week just take a few moments to ask yourself if you are greedy. If yes look to change it and look to work out where you want to be in a few years time and how you will get there. Small steady growth is what will win the day.
On other matters, great friendly last night for England v Scotland, those of us who remember the home internationals could not help but feel nostalgic. Gazza’s goal against them in 96 is still my favourite goal of all time. ( See I referred to Scotland as “them”, you just can’t help yourself sometimes”)
You can’t help but feel excited if football is your thing at this time of year and I am really looking forward to the season. Transfers are still being speculated upon and to quote Kevin Keegan ” I will just love it” if we get to the end of the window and Bale, Suarez and Rooney are still at their current clubs and Skysports News (Skysports Gossip) have wasted their whole summer spouting that drivel. Isn’t 24 hours news just dreadfully tedious?
In Greed We Trust – Gamblers Failing