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Old 25th November 2008, 06:14 PM
TWOBETS TWOBETS is offline
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Join Date: May 2005
Posts: 204
Smile Are you a serious punter PP ?

"Just three more things to add, LEVEL STAKES, LEVEL STAKES, LEVEL STAKES"

I was perusing another forum and there was this forumite talking about whether we were serious punters or not. Then I saw young PP's post and I thought, "this needs to be said!"

Please don't anyone think that I am any kind of authority on these matters. This is simply one blokes opinion. ( Developed over many, many years of full time punting never the less).

This simple quote of young PP's is to me the essence of whether you are to make a living off this game or not. One thing that worries me about this post I'm doing is that it flies in the face of the Bagman and I really do regard this forumite highly. I know he is a great staking plan punter and value all he contributes highly. Having said that I now have to say that if you really want to live off this wonderful game I believe PP's quote is "THE ONLY RULE THAT CAN'T BE BROKEN".

In the short term, be it one month, one year or whatever, a good staking plan will always outperform level stakes. But when you start wanting to actually live off your winnings I believe one will find any sort of staking plan (other than percentage of bank ) is simply not sustainable be it because of bet size, bank size or just too much freaking blood pressure.

So my defining questions of a serious punter are not "how big is your bet?" but "how disciplined are you at sticking with your system and are you betting level stakes ?"

I hope this helps some poor soul to avoid that impossible loosing run and is using a staking plan.
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"Not winning on a horse that came first is one thing.....Losing on a horse that didn't come first is something else entirely!!!"
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