Gambling: Don’t Create Bad Habits

Gambling: Don’t Create Bad Habits  After studying gambling to a very high level I have learned a lot over the years. It’s a long road. There is no easy answer to anything worthwhile and expertise is about finding answers to questions, just ask any of the best Horse tipsters. In ways, every answer is important but until you learn enough there is no way of knowing the importance of yes, no or maybe. In those early years, there are far too many maybes. And that is the same for creating bad habits.

To be a good gambler on a skill-based sport you need a vast knowledge. This will only come from a passion for your subject matter, an inquisitive nature, wanting to learn, and digging to learn more. It isn’t something which can be rushed.

That’s the difficulty of learning a subject where there is no book, no guide, no degree or doctorate.

No nothing.

Each scrap of knowledge is hard earned. Often with the loss of a bet and your hard-earned cash.

Very few people want to give their knowledge away because they get little to nothing in return. In fact, it is most likely detrimental to them.

So the knowledge you have gained never come easy. Far from it. You will have to go the extra mile, perhaps a million miles. You may never get there. But you won’t know that until it is too late.

There are many crucial things you need to learn. The process and method you employ is as important – if not more – than the selection itself. For example, if you bet on the same horse but fail to follow the best approach it may result you winning little to nothing. Get it correct, and you will make a killing.

So where does the bad habit come to haunt you?

When you do not stick to your guidelines, rules, method and process it’s a problem.

These statements may seem very open-ended and vague but they won’t when you get to the level of competence. Don’t push too hard, go above and beyond your best process and method because that is classed as a bad habit.

But what is the consequence of a bad habit?

Let’s consider this definition: Bad habits typically provide temporary pleasure or relief but often have negative consequences in the long term.

A bad habit may be your foolish attempt to make easy money. The worse thing may be if this works but is in actual fact a bad decision. In fact, long term this is an action which will cost you money. Instead of moving forward, you have slipped back a notch or lost track completely. A seemingly innocent act could be the creation of a bad habit.

The only way this will be resolved is by correction.

The best answer to that question is to make sure you don’t create bad habits. This is easier said than done but it is something you will understand more easily with time and experience, ultimately knowledge.

Being a good gambler is a journey of discovery finding answers to questions but also avoiding bad habits.

Good luck.

Can AI Predict Winning Horse Racing Tips?

Can AI Predict Winning Horse Racing Tips?  So you like a bet on the horses?

Nothing wrong with that you may say. A little flutter. It could be a day to remember if that 50/1 shot hoses up.

However, I do have one question: ‘Should I ask a person or a robot for a tip?’

Images come to mind of a professional gambler robot, smoking a cigar, reading the form, and spouting out: ‘I’ve got a horse!’

Perhaps I have an overactive imagination. I’m not even sure how a robot or artificial intelligent (AI) comes to making a horse racing tip selection. I guess it works like a person but much quicker and better. It has a strike rate that even Nick Mordin would respect. I’m sure if he still wrote for The Weekend publication he’d have The Robot vs Dave Nevison in a battle to the death.

My money would be on Dave ‘The Human’ Nevison.

You have only to watch the news or read the tabloids to appreciate the world has changed with the advancement of AI. Hollywood script writers are fearful of being put out of work, artists fear their work will be duplicated in the style of Banksy. While Eric Winner Racing Tips are wondering which robot will put him out of business.

But why is AI so good at tipping horses?

Here are a few bullet points to make any homo sapien horse racing tipster squirm:

  • AI can analyse vast amounts of data and identify patterns humans may miss.

  • Within seconds it assess information about horses, trainers, jockeys and variables you cannot even imagine.

  • For example, it may identify horses that have won at certain prices, weather conditions or information that isn’t freely available to human counterparts.

  • AI can process data in real time allowing it to change its prediction for changing conditions like going description or betting patterns.

  • It makes judgements without emotions, which is a problem for most human gamblers when struggling for form or over confident.

  • In a world of increasing data it may be able to tap into aspects such as horse diet, training routines, or even horse temperament.

  • This has already been detailed with the Horse Racing Prediction System (HRPS) developed at the University of Hertfordshire which combines machine learning with statistical models to analyse data on horses.

  • Another example is Betmix AI system.

It is important to remember that although IA systems have proclaimed impressive results they are not infallible. Even the most advanced systems cannot account for all the variables which make a winning tip. Gambling should be be approached with caution and responsible betting should be followed.

The next time you are thinking of placing a bet, your biggest decision may be to consider who do you want to blame for your next loser!

Stradivarius

Bred and owned by Bjorn Nielsen and trained by John and Thady Gosden, Stradivarius is the leading stayer of his generation. Now retired, the son of Sea The Stars had won 20 of his 35 races over seven seasons and £3.4 million in prize money. He has the distinction of being named Cartier Champion Stayer in 2018, 2019 and 2020.

Indeed, in both 2018 and 2019, Stradivarius won the so-called ‘WH Stayers’ Million’, a £1 million bonus awarded to any horse that won a recognised preparatory race – in his case, the Yorkshire Cup – followed by the Gold Cup at Royal Ascot, Goodwood Cup and Lonsdale Cup. After paying out the bonus for the second time, Charles Hamilton, Chief Executive of Weatherbs Hamilton, said, ‘”I think, realistically, we have to declare this particular fight to be over…’

Stradivarius won the Gold Cup for the third successive year in 2020, emulating Sagaro, who did likewise, under Lester Piggott, in 1975, 1976 and 1977. After disappointing performances in the Prix de l’Arc de Triomphe and the British Champions Long Distance Cup at the end of the 2020 season, he returned to form when readily winning the aptly-named Sagaro Stakes at Ascot on his reappearance in April, 2021. Often ridden by Frankie Dettori, but with fellow Italian Andrea Atzeni on board for his final run in August 2022, Stradivarius certainly made his mark in the racing world.

Frankie Dettori Magic Seven Blackjack

Frankie Dettori Magic Seven Blackjack  In January, 2018, 54-year-old Andrew Green, who hails from Washingborough, Lincolnshire, won in excess of £1.72 million playing Frankie Dettori Magic Seven Blackjack online at Betfred Casino. By his own admission, Green went ‘absolutely crazy’, splashing out over £2,500 on celebrating with friends and family. However, those celebrations were cut short when, a few days later, a Betfred director contacted him amd broke the news that the firm would not be paying out his winnings after all.

Betfred claimed that Green had only received his windfall as the result of a ‘software error’, or ‘defect’, which prevented the game from resetting correctly during his gaming session – a situation, the company said, which was covered by its terms and conditions – and withheld payment. Unsurprisingly, Green disagreed and sued Petre (Gibraltar) Limited, trading as Betfred, for £2 million in the High Court.

Having refused a so-called ‘goodwill’ gesture of £60,000, subject to a gagging order, Green had to wait over three years, through no fault of his own, but eventually won his case. Hight Court judge Mrs. Justice Foster found that ‘clauses in the terms and conditions are inadequate to exempt Betfred from the obligation to pay out’ and, consequently, the company ‘had no realistic prospect of successfully defending the claim’. She awarded summary judgement to the plaintiff, to the tune of £1.72 million plus interest and costs, which effectively cost Betfred £600,000 more than if the company had paid Green his winnings in the first place.

A spokesperson for Betfred said that the company was acting on advice from a third-party supplier in withholding payment, but nonetheless apologised to Green and confirmed that the company would not be appealing the decision. Naturally euphoric, Greem said afterwards, ‘I think Betfred have treated me abysmally, but it’s not about Betfred today. I’m just ecstatic to have eventually won my case.’

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