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My Journey to Professional Football-Betting
Observations and thoughts of a pre-professional football bettor with occassional comments by J Armstrong. Updated at least once weekly.
by Daniel Andersson
Date: 22 February 2008
The recent weeks have shown bad results for me but this gives me a opportunity to practice good money management and staying unreactive emotionally to success or failure, which, I think is of great importance in betting.
I have stayed objective and very level in my emotions with regards to my betting. This is also some proof of myself improving because I used to react very badly to losses and conversely, be in seventh heaven when I won.
After a losing day I usually didn't bet the next round even if there was some good bets. So despite the poor run, which I think is unavoidable even for pros, I can see I have developed as a football bettor.
More than just emotional control and keeping business as usual I have been forced to keep to my money management plan, which isn't really a challange to me since I have always been betting with discipline. But I used to have way too aggressive money management and have now come upwith one that suits me, at least now, during my training period.
I bet a 2% flat bet and I change the bet when the bank has increased or decreased 25%. So it is just like the Silver Circle money management but instead of a movebet between 1% and 5%, I bet a flat 2% of my bank on any bet. I do this now because of my inconsistency so with a smaller bet, a bad run doesn't hit my funds as much. I may increase my bet to 3% when I know I have a hit rate that doesn't make it too risky.
This were just some short thoughts that came during this week. I have some other stuff about the psychology of football and venue psychology but that will have to wait for another time.
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I am a new member from last week. It has been a fantastic result and I am really happy with the silver circle. I think I will join for a long time.
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