For would be Professional punters!

Characteristics of Professional Bettors....

Decisive and fully prepared

Flexible and responsive to circumstances

Emotionally detached from the betting process

Sceptical/Questioning of commonly held views and does not follow herd opinion

Unmoved by speculation or rumour

Aim of winning money & not addicted to the experience of gambling (If you want a buzz go and try to nick some honey from a bee hive)

In control of betting decisions, not controlled by temptation of gambling

Takes responsibility for decisions and does not blame others

Holds realistic expectations

Uninfluenced by good or bad fortune

Bets within means and does not risk money he needs


Understands probability & uncertainty and does not believe in “luck"

Bets and stakes logically & rationally

Trusts own opinions

Hard working over form study

Disciplined and self-aware

Committed to a course of action

Accepts results and moves on not taking results personally

Learns quickly from mistakes and does not continually repeat losing patterns

Studies & learns from betting record and is not in denial about betting performance

any additions/deletions?

scotia

YES AND REMEMBER THE 3 "D's"






DISCIPLINE

DISCIPLINE

DISCIPLINE


p.s. do you also break them everyday or only on weekends?

LOL!

In agreement.I am not a professional punter but i believe that you should have have predetermined targets for each meeting.Once you have attained that target...call it a day until the next meeting arrives.No institution can render higher percentage returns than a successful punt on the nose.Unfortunately ill discipline makes us throw caution to the wind.Indulge in constructive betting.....why back an odds on shot for a win when you can get the same return on a much safer place bet?

I will be taking your advice seriously and thanks for sharing these points.

Thanks Scotia a good read before any day's punting

Some quotes (on the fun side)


There are 3 kinds of Gamblers in this world. Those who are good at math & those that aren’t


“We don't fear people who know how to play. We only fear those who know when to stop”, said the casino owner.


“Never let your wins go to your head and never let your losses go to your heart!”

My wife once told me that "If you really want something out of life, you have to work for it. Now help me finish the scratch offs I brought home and be quiet! They're about to announce the lottery numbers.”

Something else to ponder .....

Some of the best coups are a result of doing the wrong thing at the right time --- throwing caution to the winds and the form book out of the window.