Do you have what it takes to be a profitable punter?
It’s not simply about backing winners. You’ll not be doing that often enough unless you possess the right mindset. You need to think straight. Be unemotional with your betting. Stick to what you know. Be loyal to what works for you, through good times and bad.
Be positive. Be consistent.
I recall hearing the Racing Post tipster Tom Segal (Pricewise) say that he doesn’t change the way he works, even when he has a bad run of results. That’s the correct approach. If over a sustained period of time a particular way of betting has worked for you, stay with it. Always have an eye out for changing developments in particular sports, of course, and always be aware of bookies moving the goalposts on us punters. But if a certain approach to betting has seen you win more often than not, then don’t be throwing the baby out with the bath water.
How do you react to winning and how do you respond to losing? Do you loathe losing more than you enjoy winning? If so, find something else to do.
Here are some quotes from Rudjard Kipling. The great man wasn’t thinking of punters when he wrote the poem called ‘IF’ – but some lines apply to us.
“If you can keep your head when all about you are losing theirs… If you can meet with triumph and disaster and treat those two impostors just the same…”
To make an annual profit from betting, you have to be positive and proud. To be able to cope with the ups and downs of betting on sport. Be consistent in your approach to betting. Be able to cope with the pressure that goes with decision making, not all of which will be right.
So, what do you do?
I’m still amused at the reaction when I answer the question so many people ask “So, what do you do for a living these days?” I tell them all about VG Tips and the service I offer. Even in this century, you can still see some people react with a preconceived idea about gambling. It’s still a dirty word to many and there’s a growing politically correct inspired move out there right now. One that threatens the enjoyment the majority get from having a flutter. They’re coming for us punters. A certain minority group of people want to remove yet another vestige of life from those who actually know what they’re doing and gain pleasure from betting. We must stick together and stand up for what we enjoy doing. And not apologise for it.
Are you embarrassed, ashamed even, to tell people that you like a bet on football or horse racing? You shouldn’t be. As long as you enjoy doing so, there is not reason to deny what you do.
I see people’s eyes glaze over when I tell them what I do now. They are always far more interested in hearing about my twenty five years of producing television programmes. They appear reluctant to hear more about how to be a profitable punter. A stigma going back generations still exists in the minds of many.
But I always remind myself that, unlike most of them, I am my own boss. I am not stuck in traffic on the M25, commuting to work. I am not having to put up with delayed trains or going to work on a packed underground. Been there, done that. Not again, thank you.
I look upon finishing each year ahead of the bookie as a job of work. I manage my working hours in such a way to make the most from betting on football and horse racing. I work not only for myself but also for members of VG Tips, passing on the lessons I have learned across decades. Trying to show people who may be where I was back in the 80’s and early 90’s, how to bet better. Along the way, offering them detailed analysis, betting tips and exclusive on camera interviews with names from the world of sport. All ingredients that make up my comprehensive service.
I’m proud to be a profitable punter. I’ve learned how to cope with triumph and disaster the same way. I stick to what I know and remain consistent in my approach to form study, analysis and being very selective with my betting tips.