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Originally Posted by a1056688
Nothing but 100% respect for your honest reply. Like I said, I wasn't attacking your personally and your explanation and reasoning behind your exploits are valid and understandable.
If you are enjoying it and no longer throwing fortunes away then I wish you the very best of luck.
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Nice one James, I've got to agree with you there and respect to KK for an honest post.
Kasino King, I've been on the same road as you it sounds, started off losing a lot and WASTING a lot of money over a load of gambling mediums and realised it had to stop.
As you agree, $21,000 isn't much over 5 years, but it is still nice to be receiving back after the money you wasted, and as long as you enjoy it, it is a nice side income in anyone's books. Plus, as long as you aren't losing money, then that is the most important thing.
I take horse racing quite seriously now (It is all about finding value and once you've cracked that, discilplined betting will show profit in the long term) and can honestly say I've won a lot more than I have lost since around 2004 onwards but I'll admit I lost a lot at first and the biggest factor is money management as you say.
I understand you still have to work- but it is nice being able to add a little extra to your pay check each month. I see the point about time invested vs profits but I enjoy the challenge of studying the races each day and £600 to £1,400 a month (£1,400 is my best month so far, August 2006

) is a very welcome addition to my monthly pay for doing something I enjoy.