I had a question from a member today following up on the tilt post below. He wrote...
"Hi James, just emailing looking for a bit of advice on how to stop betting on the tilt as I see you talking about it on the blog it is not something I do a lot but have done it and not very successfully have you any advice on how to improve my discipline... all tips would be greatly appreciated"
I thought I would share my response for everyone
That is a hard question because it all comes down to discipline. Can you diet successfully for a month? can you give up beer for 2 weeks? can you not have a bet for a week? can you try not to swear for a week?
They are all questions you should ask yourself and actually try them to prove you can be a disciplined person.
You then need to understand the difference between gambling and betting value. For me Gambling is taking a risk and betting on something you really have no idea of the outcome (This is what we do when we bet on Tilt) Betting to me is taking a measured risk on something we believe has a better chance of the outcome than the price being currently offered.
When you bet on Tilt you rarely have a chance to understand whether something is a value bet because you place a bet in a hurry to try and make up losses.
So every time you feel like placing a bet straight after a loss or run of losses....think to yourself....Is this is a value bet? If it is not...don't place it! Easier said than done.
Finally to be successful you need a set of strict rules that you follow every day. Not betting on Tilt should be one of them, Not betting drunk should be another, only bet on value, only bet a max stake which your betting bank allows...the list goes on.
I would ask you to write a list of 6 rules. Print them out - put them in your wallet and when ever you have a bet check off each point. You will do it from memory eventually. You can also make the rules about how you select your bets E.g - Your selection criteria for football might be.
1) Never bet on derby games
2) Never bet on games where manager has just changed
3) Never bet against a top 4 side
4) Never bet against a team with a strong head to head record.
I'm not sure what you are betting on....football, racing, casino but for all these you will need a generic and a unique set of rules.
Remember following a tipster is just as hard a discipline. Can you follow every tip? Will you stick with it during a losing run? If you can't you are very unlikely to ever succeed.
Finally you should never take the fun out of betting and here I will use the word gambling. If you want to have a gamble, a fun bet or a drunk bet with your friends or on a game you are watching then do it but only bet a max of a fiver! Simple.
I hope these words help and I look forward to hearing your rules,
"Hi James, just emailing looking for a bit of advice on how to stop betting on the tilt as I see you talking about it on the blog it is not something I do a lot but have done it and not very successfully have you any advice on how to improve my discipline... all tips would be greatly appreciated"
I thought I would share my response for everyone
That is a hard question because it all comes down to discipline. Can you diet successfully for a month? can you give up beer for 2 weeks? can you not have a bet for a week? can you try not to swear for a week?
They are all questions you should ask yourself and actually try them to prove you can be a disciplined person.
You then need to understand the difference between gambling and betting value. For me Gambling is taking a risk and betting on something you really have no idea of the outcome (This is what we do when we bet on Tilt) Betting to me is taking a measured risk on something we believe has a better chance of the outcome than the price being currently offered.
When you bet on Tilt you rarely have a chance to understand whether something is a value bet because you place a bet in a hurry to try and make up losses.
So every time you feel like placing a bet straight after a loss or run of losses....think to yourself....Is this is a value bet? If it is not...don't place it! Easier said than done.
Finally to be successful you need a set of strict rules that you follow every day. Not betting on Tilt should be one of them, Not betting drunk should be another, only bet on value, only bet a max stake which your betting bank allows...the list goes on.
I would ask you to write a list of 6 rules. Print them out - put them in your wallet and when ever you have a bet check off each point. You will do it from memory eventually. You can also make the rules about how you select your bets E.g - Your selection criteria for football might be.
1) Never bet on derby games
2) Never bet on games where manager has just changed
3) Never bet against a top 4 side
4) Never bet against a team with a strong head to head record.
I'm not sure what you are betting on....football, racing, casino but for all these you will need a generic and a unique set of rules.
Remember following a tipster is just as hard a discipline. Can you follow every tip? Will you stick with it during a losing run? If you can't you are very unlikely to ever succeed.
Finally you should never take the fun out of betting and here I will use the word gambling. If you want to have a gamble, a fun bet or a drunk bet with your friends or on a game you are watching then do it but only bet a max of a fiver! Simple.
I hope these words help and I look forward to hearing your rules,
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