Tuesday 14 March 2017

First Update In A While

You don't need to be a genius to know why I've not updated on here for a while. For one, I've not been able to use Betfair how I did previously and two, things have not gone well.

When I did this previously, I was dealing with stakes into the hundreds and now, or for the last 3/4 years, it's been more about pounds. This is mainly because of being in a financially poor position in life. I've not been able to do this how I did 5/6 years ago, and although I'm not going to make excuses, things have just not been right. I wouldn't say I've lost my edge. I never really had an edge, it was more about knowledge of sports and the markets in general. Over the last few years, I've had many small losses and it's all added up. I don't know how many times I've "started again" with attempting to build my bank up. I've got to £1,000 around 2/3 times since about 2012, and each time I've lost what I had gained. I know for a fact, I've not had anymore than £1,200 in my Betfair account since around May 2012, and that's too long. Back in May 2012, I had around £12,000 in my account.

I'd say the opportunities are still there on the Betfair Exchange. It's not changed that much. It's just about having the stability in life in order to make it work. Being under pressure constantly like I have been is just no good. I have the blame for this, as I could have taken a time-out. But my need to "try and get back to where I was" and the constant losses, has kind of held me back. I could have taken a longer period away from betting activities in hindsight.

At this stage, I'm on a 30 day time-out on Betfair which I did through their betting portal. Over the last year, I have started to use William Hill, mainly to do a few accumulators, although not in a serious way as I once did with Betfair. Apart from that, I don't use any other betting platform or any casinos -- not with my own money anyway. Like I say, I'm taking a back-seat from gambling for a few months. And maybe come back to Betfair in future to see if I can re-kindle things. Although until I can get a bigger bank,  I won't do this. I've kind of grown "sick and tired" of the losses and probably resigned within myself that it's just not happening.