Just placed my first ever bet

[rz30]

Put £5 on some horse (favorite) to win and and it did - wow, made £27, such easy money although i have now entered into the realm of gambling which i am not too pleased about. How much can expect to win from betting on average?

 

[Sinny]

Put £5 on some horse (favorite) to win and and it did - wow, made £27, such easy money although i have now entered into the realm of gambling which i am not too pleased about. How much can expect to win from betting on average?

Depends on the odd's.

I've never bet more than a fiver because I know how addictive it can be.

 

[Dave M]

You will lose somewhere between 0 and the amount of money you gamble. The chances of you ending up +ve in the long run aren't really worth considering.

 

[Cosimo]

You win some, you lose some, it’s a mugs game.

 

[Maccapacca]

Keep re investing the £27 plus whatever you win and let us know how you get on, I'll bet you have nothing in a week

 

[Neodite]

rz30, well done you are now ahead...

Now is the time to quit

 

[Mr^B]

How much can expect to win from betting on average?

On average, you can expect to be in debt.

If, on average, you could be in credit, then bookmakers wouldn't exist.

 

[pooley]

You win some, you lose some, it’s a mugs game.

+ 1 there is only one winner! the bookie.

 

[platinum87]

I expect to win 2.43 Big blinds per 100 poker hands i play, though this has dropped from about 2.7

 

[J.B]

The better question would be how much should you expect to lose.

By all means place a bet, enjoy the thrill and the excitment of the chances and the odds, but never ever expect to make money from it.

I enjoy playing the fruit machine down the pub, I dont do it because Im short on cash I just enjoy the game.

 

[britboy4321]

IF you are good and know your sport you can probably get about £10,000 before being banned by the bookie.

Betting on 'any old horse' based on the odds - chances are you'll lose ..

 

[Nix]

Make money from gambling?

Ho ho ho ho.

Find out the hard way if you want, or listen to me when I tell you: you got lucky.

 

[rz30]

Second bet on, 15.45: Yarmouth, oh dear.

 

[lemonkettaz]

Don't go to the casino

You will be walking home at 7am ... down and out!

 

[el_dazza]

Don't go to the casino

You will be walking home at 7am ... down and out!

I've been to a casino once in my life. Walked in at 12.30pm, left at 7pm, effectively started with £1 and made £135 profit. Lucky, of course, but you have to be smart and know when to get out. There was some chinese bloke in there betting £1,000 a hand on Blackjack, first hand he had Blackjack, so £1,500 up and from there...

How much can expect to win from betting on average?

You can't aim at a certain figure. You back what you want at the odds offered, and that's that. If you put £1 on a 4/1 shot or £20 at a 1/5 shot, you've still made £4 but risked a lot more on the 1/5 shot. All depends what you bet on, doesn't it

 

[h00fzilla]

Who you on at Yarmouth then?

Woohoo, had £1 on Wake Up Call. I am big time!

 

[Efour]

well done now walk away and never do it again. You wont win you will end up with what you start with or nothing.

 

[rz30]

Who you on at Yarmouth then?

Woohoo, had £1 on Wake Up Call. I am big time!

Wake up call, put £10 this time lol, that double my money, something tells me i should stop..

Do the favs not often win. Two out of two.

 

[el_dazza]

Wake up call, put £10 this time lol, that double my money, something tells me i should stop..

Do the favs not often win. Two out of two.

Just remember horse-racing usually has a massive over-round, typically 110-112%, sometimes more. Favourites win approx. 35% of the time, but I'd wager most (2/3 or more) of those are priced less than 9/4.

FWIW - Orpenindeed in the 4.00 at Wolvo. Not a great price (7/4f) but Tim Vaughan's, with a claimer on it, bidding for a hat-trick against a bunch of donkeys? Yes please.

 

[markweatherill]

Make money from gambling?

.

Becoming a bookie is pretty much the only way to do that!