I feel it’s time I took a look at the amount of in play trading I do and generally the amount of time I spend on a computer. The internet has brought along so many weird and wonderful sites and opportunities and it can all get quite addictive until one day you look back and wonder where your life has gone. There will be a lot of people who spend a large amount of their lives on the internet sacrificing other things who one day may well ask themselves whether it’s all been worth it. This has been the case for someone on the Betfair forum (thread title ‘My life is on hold in the chit chat section – here: http://community.betfair.com/go/forum/popupExtra?output_method=iframe
) despite having made over 100k from gambling. Online gambling/trading very much appeals to the recluse types, those who struggle socially or who want to stick 2 fingers up to the outside world but perhaps people end up cutting themselves off more than is good for them. There isn’t enough money there for all to do well from gambling and those that do well out of it could have been better served applying their knowledge and expertise in other sectors e.g. business, where they can lead a healthier more rounded lifestyle. But perhaps it’s because of the reclusive, rebellious nature that they don’t and this may suit some people but it’s important to make sure you have the balance right for you.
So whilst I’m in this reflective mood, I’ve decided to analyse what it is I really enjoy internet wise and what is worth my time and for now I’ve decide this blog is providing little in terms of value to me and so it’s time I took a break. I feel I am pretty much back where I started in terms of gambling and how best to do it and so if you are a losing punter who can’t make it pay and you want advice then I say bet the same amount of every bet you make for a year, if you make a profit great, look at increasing that level stake but if you don’t give up as you’ll never make any money gambling long term. I’d also say let bets and opportunities arise as they will always be there and if you waste your time trying to find opportunities that just aren’t there then you want have the energy or resources to take advantage when a real one comes along.
If you don’t profit from gambling or you don’t make as much as you wish you could, remember not to be greedy and thank your lucky stars that you have enough money to live and make sure you do indeed live and make the most of life. I liked the quote someone posted on the aforementioned ‘My life is on hold’ thread…
The Dalai Lama, when asked what surprised him most about humanity, he said:
Because he sacrifices his health in order to make money.
Then he sacrifices money to recuperate his health.
And then he is so anxious about the future that he does not enjoy the present;
the result being that he does not live in the present or the future;
he lives as if he is never going to die, and then dies having never really lived.”
and also the following story I found which is along the same lines.
There was once a businessman who was sitting by the beach in a small Brazilian village. As he sat, he saw a Brazilian fisherman rowing a small boat towards the shore having caught quite few big fish. The businessman was impressed and asked the fisherman, “How long does it take you to catch so many fish?”
The fisherman replied, “Oh, just a short while.”
“Then why don’t you stay longer at sea and catch even more?” The businessman was astonished.
“This is enough to feed my whole family,” the fisherman said.
The businessman then asked, “So, what do you do for the rest of the day?”
The fisherman replied, “Well, I usually wake up early in the morning, go out to sea and catch a few fish, then go back and play with my kids. In the afternoon, I take a nap with my wife, and evening comes, I join my buddies in the village for a drink — we play guitar, sing and dance throughout the night.”
The businessman offered a suggestion to the fisherman. “I am a PhD in business management. I could help you to become a more successful person. From now on, you should spend more time at sea and try to catch as many fish as possible. When you have saved enough money, you could buy a bigger boat and catch even more fish. Soon you will be able to afford to buy more boats, set up your own company, your own production plant for canned food and distribution network. By then, you will have moved out of this village and to Sao Paulo, where you can set up HQ to manage your other branches.”
The fisherman continues, “And after that?”
The businessman laughs heartily, “After that, you can live like a king in your own house, and when the time is right, you can go public and float your shares in the Stock Exchange, and you will be rich.”
The fisherman asks, “And after that?”
The businessman says, “After that, you can finally retire, you can move to a house by the fishing village, wake up early in the morning, catch a few fish, then return home to play with your kids, have a nice afternoon nap with your wife, and when evening comes, you can join your buddies for a drink, play the guitar, sing and dance throughout the night!”
The fisherman smiled.
Good Luck all.