Hello all. I have been betting for about ten years and have been profitable for about 1.5 years. I got my betting tips from a group where I also paid a percentage of each monthly profit. So I deposited 5000 EUR at a bookmaker whose name I will mention in August 2022 and with a lot of luck, where the bet was partly won in the 87th or 89th minute ( A good example is the Feyenoord-Groningen game, where I bet on over 0.50 goals in the 70th minute at odds of 1.60),I increased the account to about 50,000 EUR. The group is said to have disbanded in May. Since then I have made the mistake of betting according to odds where I bet "safe" 1.20 odds. Now I'm chasing the losses and among other things yesterday I bet on a goal from England against Portugal, where the game ended 0-0, then I placed bets in the afternoon. Now I have lost 11 of the last 15 bets and am about 23,000 EUR in the red, because I have always increased the stakes like crazy.
My account balance is now a little less than 27.000 EUR... After always paying 20% of my winnings at the end of the month, I'm about 20.000 EUR in the plus for almost a year, which is also very nice, but I always keep in mind that I had 50.000 EUR until yesterday and that I can buy a nice car less.
How can I keep away from imprudent betting / gambling ? I always have the urge to make a "safe" bet, even if it's 1.01 odds or something. To me I say that if I put the money in the bank with inflation I would get the interest in four months and that in the 70th minute when the favorite leads 4-0 I would bet on it and I would get 1% profit in 20 minutes... How can I work on this mindset that I do not bet rashly ?
How to overcome loss (23.000 EUR in a day) ?
- ex-hft
- Has experience
- Karma: 14
Post
Re: How to overcome loss ( 23.000 EUR in a day ) ?
That’s easy. Stop betting.
If you don’t have a very good reason to believe that you know better than the bookmaker - then you don’t.
If you don’t have a very good reason to believe that you know better than the bookmaker - then you don’t.
- apoel81
- Pro
- Karma: 43
Post
Re: How to overcome loss (23.000 EUR in a day) ?
After 10 years of experience and you still have zero knowledge of betting. Do a favour to yourself and stop betting while you are still in profit.
- CharlieSheen99
- Pro
- Karma: 27
Post
Re: How to overcome loss (23.000 EUR in a day) ?
You have some addictive conducts. And you need to be strong enough to stop NOW. If you need help, there are programs about addictive gambling in every country.
I am not joking. Be careful. And take care of yourself.
All the best.
I am not joking. Be careful. And take care of yourself.
All the best.
- voodoo
- Has experience
- Karma: 17
Post
Re: How to overcome loss (23.000 EUR in a day) ?
Unfortunately you are gambling...You will lose all your money....
Withdraw the money and stop betting. You need a lot of mental strength to change your mindset, almost impossible...The 1st step is to stop betting.
"safe bets" "1.01 odds" "1% in 20 minutes" = you cannot win the bookmaker
Withdraw the money and stop betting. You need a lot of mental strength to change your mindset, almost impossible...The 1st step is to stop betting.
"safe bets" "1.01 odds" "1% in 20 minutes" = you cannot win the bookmaker