Easy Money???

I am some what mystified why any person,Otherwise most intelligent, will part take in betting possessing such a lack of understanding of the simplest fundamental knowledge of the sport

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Lord Flasheart said:

welcomr to trade2win. You talk well,can you back up what you. I dont wish to cast doubts about what you say, but this site is full of people joining and making claims.What can you tell us and how can you help us

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betfairtrader said:

I for one view my relationship with the bookie as the same that the insurance company as with the insured! if a insured dies within a short time the company as lost a bet and his family collect winnings,If a punter wins a bet the bookie loses the bet.The reality is you need to do a little homework to be successful at this, :!:

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Splitlink said:

You put it cleverly. All salesmen talk like that, although I am not suggesting that you are one. I read it it as "if the bookie wins the bet he is the same position as the insurance company and, if the punter wins he collects--he is in the position of the insured person.

The only difference, as I see it, is that the insured is covering himself and the punter is doing just that. ie. punting.

The point is that the insurer and the bookie are both businesses and work on statistics and spread.

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betfairtrader said:

I’m not really fond, at all, of salespeople. I don’t like being sold on anything.

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Splitlink said:

I did not say that you were. Nevertheless , you have avoided the main point of my post which is, probably, what you wish to do.

The way you express yourself is typical of salesmanship (even though you may not be a salesman) or political talk in the way you hide what you wish people to think inside a mass of words.

My point was that you associate the insurance company's loss with the punter's loss, instead of the insurance company's gain with the bookie's gain. Both of these are businesses and have detailed statistical knowledge of their respective professions.

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betfairtrader said:

I completely agree with your example ,It would be foolish to think otherwise

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betfairtrader said:

I have the rare distinction and pleasure of being a leader in the field of education. Though the subject I have specialised in might not be included in the curriculum at Oxford or Cambridge.Picking winners or losers in racing is very much like trying to buy the right investment securities, The element of luck and chance occasionally upsets the best and soundest of calculations, However,in the long run and over a period of a given time a sound and competent security analyst will surmount these setbacks and on balance end up with a sizable profit,It is simply a case where knowledge pays off, The same principle holds true for picking winners or losers in racing. I am some what mystified why any person,Otherwise most intelligent, will part take in betting possessing such a lack of understanding of the simplest fundamental knowledge of the sport.The average bettor as never participated in any phase of horse racing, expect as an outside spectator, Whereas in football a fan as actually performed the mechanics of the sport of football.Ask any average punter what dose a race horse do?? they will say it runs, this is wrong a horse dose not run it leaps!!!, I for one view my relationship with the bookie as the same that the insurance company as with the insured! if a insured dies within a short time the company as lost a bet and his family collect winnings,If a punter wins a bet the bookie loses the bet.The reality is you need to do a little homework to be successful at this, :!:

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