There has been some discussion on social media regarding an account on twitter, a paid tipster and self-proclaimed ‘judge’. The ‘account’, I’ll stick to the ambiguity, has posted a rather lengthy blog regarding his ‘Addiction to Gambling’. Having read it, this is an observation ……
Unless the account divulges it, there’s little to go on about the identity, genre or age of the person behind a twitter account. I didn’t follow this one with any significant interest but someone that did expressed surprise at the apparent youth of the blog writer. He’d assumed that with the confidence and authority the account tackled his subject he’d be longer in the tooth.
The regrettable dishonest things he admits to doing aside, here’s the story of a young man who has entered the rough house that is betting on horses and got himself badly mauled. I’d wager that anyone with some experience in betting will recognise mistakes that each one of them have made themselves and learned from – if they are still in the game.
The guy had some talent at what he was doing, after all, he convinced some seasoned experts and businesses enough to endorse him. Indeed on occasion, ‘Despite starting off with almost nothing, I’d back and lay my way to £10,000 or more’, so you can see why they might, as that takes some doing.
His downfall was having no discipline, betting too big a percentage of his tank or having no tank at all, funding losses from credit cards. This precarious position compounded by spending any winnings and not paying his debts. I can relate to that; I was in trouble doing the same thing a decade ago. I already had an historical and growing credit card debt and mortgage. After a good year punting, I decided to up stakes and have a real kick of the ball. The inevitable terrible losing run ensued. I was lucky. Ironically saved by the financial crisis and the halt to endless credit card cheques dropping through the door. I had no credit left so no choice but to have a word with myself and face up to my debts. It was the best thing that could have happened, the sleepless nights stopped, even though it took me seven years to clear my cards.
I continued betting, confident in my sources but well within my means with drastically reduced stakes after having overstretched with no tank, learned my lesson and kicked on very modestly as I do today.
Back to the blog-writer, astonishingly he was also taking money for his losing advice from punters he’d convinced. Controversial, but for ‘problem gambler’ read ‘bad’ punter? His moment of truth was suffering the poorest run he’d ever experienced over jumps, over 30 consecutive losers.
That’s not really a lot.
I doubt there’s an established professional punter or tipster that’s not suffered a longer losing run. It should have been another lesson learned. His experiences in normal circumstances would be good grounding for a future of disciplined punting, expensive lessons, learned from and not repeated. In 2020 there seems to be a denial how brutal business that gambling is, people appear to be surprised that they’ve done their money. Once you decide to get involved with gambling, maybe lured into false sense of security by an early win or two, Lady Luck takes you by the hand into the bowels of the equivalent of the roughest pub you’ve ever been in. It’s packed with ruthless shrewdies that have superior experience and knowledge and you’ve become open season, at your own request.
As a novice, you must expect to get a battering, not only from bookies and other punters, but by the ‘game’ itself. People might not kick you when you are down, but it will. You’ll quickly learn from your mistakes and re-join the fray a wiser person, or you get out sharpish, or go skint.
For some, including the blog-writer, getting out of it is the only sane path, it’s not for them. He’s been through a nightmare to the point of considering suicide, something you wouldn’t wish on anyone. Let’s hope he makes a fresh start far away from racing and betting. Still a young man he must put it behind him and move on, far away from the ‘game’ and all the joy and pain that can accompany it.
It would be a nice touch to keep those tipping subscriber’s details though, to be paid back as and when he’s in the position to do so. That truly peaceful night’s sleep is then sure to follow.
Views of authors do not necessarily represent views of Star Sports Bookmakers.
Simon Nott is author of:
Skint Mob! Tales from the Betting Ring