Record Keeping

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Record Keeping

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04/10/2019

Lots of things that people do want me to cover on the pod record keeping is one. I’m not really sure what people want me to say about it, it’s, it’s something that I think is imperative, something that you have to do and you can do it in as much or as little detail as you like, obviously, what you the ultimate is to keep a record of your bets and your monetary flow so that you know where you are, but then you may want to keep things like yield and return on investment and all that it’s what’s important to you.

I think the key thing is to actually make a start and do something and get into a process of doing it every day. And other bits can always be worked out and at the end if you’ve got the results you know you can add other formulas then which certainly I can help with but the key is do initially obviously if you take in football to get the match date time price you’ve entered that market you’ve entered steak what type of bet you’ve had on a return whether it’s won and lost and keep that going and I think the tendency is that people obviously duck and dive from systems that don’t bother keeping records or they give up when they’re going to lose him period of recording because nobody likes putting down bad results. But yeah, that you know some of these are I don’t really know what else more there is to say about it.

It is basic Excel for me I use you could use a Word document I suppose. But it’s just basic skills that you need. Other interesting ones are sort of doubts and you know I’ve had somebody email me again about ultimate this week so I know I’ve I’ve lost in the first two months. it’s two months in two months in your fixed odds football I think I’m and how many games have Serie A played four or five games? I don’t even know. You know, we got another international but I do in a pitch How are you making this excuse? I’m not you can’t look at football over one month or two months and expect to win every week. It’s just it’s ludicrous. Serie A, what they’ve had six games. And then we’ve got one more than an international break. Yet you got tonnes of football to come. And and again, even they’re not don’t look at it over a season, I’ve just published the or they should be on the other half time CS Lay results, 153 points over, however long three years, four years, but it’s just steady in that has periods in there where it stands still. And then it picks up again. You know, whatever games, there’s been this season five, six winners on the spin. It’s just chugging along. You know, whilst I appreciate people want information that on this pod, some of it is basic, and I’m not going to change the tune. I’ve not changed since 2007. What I’ve been telling people regard to discipline, emotion, thinking long term doing what you do, do you and people say to me, what’s long term long term is ever going, it’s a continuum.

You know, you’ve either got to trust something and do it or you don’t do it. And if you don’t trust it, then don’t do it. That’s absolutely fine. Nobody so nobody is holding a gun to your nobody’s coming round saying put a bet on. And I read an interesting article the other day about why do people bet? And I think initially is just you know, what is that? I’ve said in many upon many blog post mine was to change my life. And I didn’t expect to do it overnight. But I think most people think it’s fast cash. And I would always maintain that if you learn a process of betting, learn actually what you’re trying to do, why you’re trying to do it, rather than just thinking I want to win 20 quid a year or 20 quid there, I’ll be a millionaire. You’ll actually realise that you. Once you get that process, then you are heading in the right direction. And the profits and things come after that. There’s ups and downs, you know what, if you’ve got 100 pound point bank and it drops 20 points is 20 points, you haven’t lost hundred points, it hasn’t gone. It’s a tool to make money. That’s what a betting bank is. And you use that and when it grows, you compound and grow it again. But don’t think it’s not going to go up and down.

I get frustrated with I get frustrated with the emails frustrated with the conversations because you end up just saying the same thing again. And it does boil down to do it or don’t do it. As I say, nobody is going to have a gun to your head and everybody has different opinions. There will be people who disagree with me, which is absolutely fine. That is that is their prerogative. I can only go on what I do. And I do this day in day out for a long time and I’m pretty good at it. I have different processes to other people have different ways of betting to other people. Unlike others. I don’t tend to lash out publicly criticising other people’s methods. I’ll have discussions with people where I think well why did I do that? Why did I do this? What do you do that I’ll make when I think of things like leaving money and I don’t really understand why people do that.

But you know, there’s people who want to be vocal and lash out and there’s other people who just want to get on with it become money, just get on with it, do your own thing. Get a process repeat it every day. And eventually you will see an improvement in what you do. That’s my belief. I’m not going to change it it’s never going to change it a bit of a stick in the mud. It’s never ever nobody is ever going to convince me but I look at many things that people do and sometimes and sometimes I’ll put money into them. Generally people do enter gambling for the wrong reason. They’re trying to get rich quick, over a short period of time. Rather than looking at it as a job and doing it as a process.

 

Taken from FTSBetslip 3rd October

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