21 yr old looking for all round advice

News, chat and debate about the Betfair betting exchange.
Mahadakku
Posts: 6
Joined: Sun Nov 04, 2018 12:30 am

Don't gamble, you'll waste your life chasing losses and regret it!

Invest your money in blue chip stocks or real estate that will give you a guaranteed income; start early and you'll be glad you did. Don't listen to people who advocate ways to make money gambling because it just does not work! Any form of gambling for that matter. I wish I could rewind time.
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Euler
Posts: 26810
Joined: Wed Nov 10, 2010 1:39 pm

Mahadakku wrote:
Mon Jan 12, 2026 10:49 pm
Don't gamble, you'll waste your life chasing losses and regret it!

Invest your money in blue chip stocks or real estate that will give you a guaranteed income; start early and you'll be glad you did. Don't listen to people who advocate ways to make money gambling because it just does not work! Any form of gambling for that matter. I wish I could rewind time.
With respect, that's a really odd comment to make.

I understand it, if it we were talking about traditional betting. But exchanges have brought the biggest ever opportunity to make money from betting markets, however you choose to do it.

The ROI on exchanges is exceptionally high for any profitable strategy. So much, that the money I make I invest. So I get the best of both worlds.
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wearthefoxhat
Posts: 3650
Joined: Sun Feb 18, 2018 9:55 am

alex1878 wrote:
Sun Jan 11, 2026 11:11 pm
I have just created an account on here after watching countless Bet Angel videos on YouTube. I have just finished University and would like to give betfair trading a proper shot before I have to get a more 'traditional' job...
Having completed university the world's your "lobster". Gaining a life experience, such as Betfair trading, could help with transferable skills going forward and will strengthen your CV. (I used to be a National Careers Service Advisor, so I can't help myself)

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Analytical decision‑making
Evaluating charts, news, and market indicators builds the ability to make informed decisions under uncertainty.

Risk management
Setting stop‑losses, sizing positions, and managing exposure translates directly to roles requiring careful judgement and safeguarding resources.

Emotional discipline
Managing fear, greed, and impulsive decisions shows resilience and self‑control — qualities employers love.

Pattern recognition
Spotting trends and anomalies is useful in data analysis, operations, compliance, and customer‑facing roles.

Research skills
Traders constantly gather and interpret information from multiple sources, which is valuable in advisory, admin, and support roles.

Numeracy and data literacy
Working with charts, percentages, and performance metrics strengthens comfort with numbers.

Strategic planning
Creating trading plans mirrors planning in business, project work, or client support.

Adaptability in fast‑changing environments
Markets move quickly — being able to adjust strategy is a major asset in any dynamic workplace.

Use of digital tools and platforms
Trading platforms, spreadsheets, and analysis tools build confidence with tech and data systems.

Accountability and record‑keeping
Tracking trades, journaling decisions, and reviewing performance aligns with admin, compliance, and advisory roles.

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