The question is simple...

What the heck we are doing here?



Anyway, except that we are doing fine... As long as we get older crazy partying at Amnesia , Pascha or Bora Bora is getting a real hazard for us over the thirties... Heart Attacks , etc:)

Back to reality now. I want to write today about the hazards of running a website like EBIG or at least being a tipster. The tipster is like the coach on football , is the escape goat for many... By luck , one person that i know is a member of the group. In a random social event(marriage of a common friend) i heard the guy to say "I have destroyed my sportbook yesterday , i have 5/5"... all well... In an another random event (again those hated marriages) i heard the guy to say , "those assholes EBIG have destroyed me , they have made 0/4 and i lost big money , i ain't going to use them again"

This is certainly funny but it's the whole truth... I win if site or tipster wins , THEY lose if site loses... As somebody said , Victory has many fathers but loss just the coach(or the tipster:))...

The question then is why we like to be tipsters , or why we like to write our opinion for money or not money. From the experience of all those years , i can say that being a punter is one of the most lonely thinks you may do in your life. And yes it could prove hazard... This is a copy from Jimmakos blog that says many on professional gambling or tipping...

Cons of being a professional gambler:

1. Stress.

2. Extreme stress.

3. Stress you couldn't ever imagine of. Ok, you get the idea.

4. Depression. The above apply.

5. Boredom.

6. No social life.

7. Lack of communication and understanding with others (relatives, friends, family, etc.).

8. Misunderstood by the majority of people.

9. Extreme lack of physical exercise.

10. Health problems.

11. Food/Sleep disorders.

12. Get used to bad habits (smoking, drinking, etc.).

13. Be a slave to the money.

14. Be dependent from your work.

15. Be unhappy.

Ok , its a bit overreacting though it is cynically true in the majority of the cons of being a professional gambler. If you add to the above the fact that advising also influences the life and moods of hundreds of others you may understand how much a manager of a tipping service stays under pressure.

So , why somebody should put himself under the umbrella of those hazards? A rhetorical question this one ? or am i wrong? Some thinks you must live to understand...

For the time being we do plan our next summer trip to Ibiza , if we make it till then...

Have a nice afternoon

Another great post...

Hello,

instead of reading me today , just have a look on this excellent post by Matt from the Punt.com blog. Really great stuff from Matt on this one and certainly many of us can project oursfelves on this post...

Enjoy...

ROI or VOLUME?

Hello,

it is sometimes very funny how many interesting people you may meet and get to know from a website. I have recently met a member of EBI-GROUP in Athens going to his vacations in Crete. Mike is a professionals trader, on of the guys that Betfair sends flowers to his birthday :)
We have met in a cafeteria in the center of Athens and talked about many though the base of the conversation was the ROI vs. Volume schools of betting.

Mike has a simple theory as a trader , ROI is not important as long as it is positive , the big importance on his play is the Volume. And his reasoning is simple.

"Man, i have made a volume of 22 million pounds last year , my ROI was 1.25% and my total profit was some hundreds of thousands of pounds. Who gives a shit about the ROI? As long as it is positive i know that i will win"

adding

"ROI makes you look good but it is just a number , money come from volume. It's like having a beautiful girl next to you, to pay her drinks but some other to enjoy the crop" LOL

The other side , the ROI followers say the simple but true , i have a ROI of 30%-40% i know that i risk small to win big. Let's do the math...

One of those big ROI hitters has a bank of 2000 euros and his level stakes are 60 euros per bet. Let's say he does make 10 bet per week , that is 600 euros with a ROI% of 30% it is 180 euros profit per week. He needs 11 weeks to double his bank.

One of those that say volume makes the difference now plays 60 euros per bet with a ROI of 9% and 50 bets per week. His profit would be 270 euros per week and his bank will double in seven and a half weeks.

The above example is very simple and there are many variations to it like the stake size (Some use a % of bank instead of flat stakes) and bad spells , etc... Though the result is clear , the volume guy reach his target far easier than a ROI guy. As i wrote in one of my previous posts some services do take an advantage of this flaw posting tips with dream-odds in order to look good on services. On the other side Mike made his statement and his statement was correct , find me 5 or 10 tipsters with a ROI 5-10% and you make me happy on the pocket , find me one super tipster with ROI close to 30-40% and you make happy on the looks but not that happy on the pocket...

Have a nice weekend....

ps. For Dr. Tsouts. Doctor , there is a service called Secret Betting Club and they do rate services. I have some objections on their system though they are fair in general so you may wish to give a try to them. They have a forum as well where punters offer their opinions and that may prove useful.